JPMorgan upgrades India to ‘overweight’ on higher government spend

JPMorgan Chase & Co has raised its bet on Indian equities, upgrading its stance to “overweight”, since there will be higher government spending in the run-up to…

Mcap of seven of top-10 most valued firms added Rs 3.04 lakh crore; HDFC Bank, LIC biggest gainers

The combined market valuation of seven of the 10 most valued firms climbed Rs 3,04,477.25 crore last week, with HDFC Bank and LIC emerging as the biggest…

Motilal Oswal says UltraTech Cement, Dalmia Bharat top picks despite cement sector seeing earnings pressure

The latest Motilal Oswal report projects a robust volume growth of approximately 10% year-on-year (YoY) for the cement sector’s coverage universe in the fourth quarter of FY24,…