News for Emkay Global Financial Services Limited (EMKAY.NS)

Indian equity market to witness near-term weakness and heightened volatility in the first quarter of the calendar year (CY) 2025, according to Emkay Institutional Equities, part of Emkay Global Financial Services Limited.

India's economic slowdown, with the slowest growth in nearly two years, may worsen short-term stock market weakness, strategists warn. While a recovery is expected in the second half of the fiscal year, dependent on potential RBI rate cuts or easing deposit requirements, concerns over the economy and high valuations have caused the Nifty50 to fall 8% since September. Foreign investors withdrew $2.6 billion in November.

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesA hiccup in India’s world-beating economic growth may exacerbate near-term weakness in stocks, according to strategists. The economy expanded at the slowest pace in almost two years in the September

India Business News: India’s economic growth slowed in the September quarter, leading to concerns about stock market weakness. Market participants expect a recovery if the

Domestic markets set for flat opening with downward bias, analysts expect higher volatility in individual stocks.

Indian markets declined for the seventh consecutive session, with the Sensex falling into correction territory. Concerns over foreign outflows and weak earnings weighed on the market. The Nifty broke below its 200-day DMA, indicating a bearish trend. Short-term support is seen at 23,200-23,300, while resistance is at 23,700-23,800.

Nifty50 recorded its best day in three weeks on Monday, breaking a five-session losing streak. Strong earnings from ICICI Bank and other lenders boosted banking stocks. Analysts believe the counter-trend pullback rally can continue towards 24,900-24,930, with support at 24,200-24,000.

Foreign investors continued their selling spree in Indian equities for the 17th consecutive session, offloading Rs 3,978.6 crore, while domestic investors remained net buyers.

Aug 01, 2024 / NTS GMTOperator Ladies and gentlemen, good day, and welcome to the Q1 FY25 Results Conference Call of Adani Enterprises Limited, hosted by Emkay

The IT majors are slated to report their financial results in the coming week.

Auto Banks IT Market: Analysts say banks, auto, real estate, IT, pharma, and metal sectors look attractive after the US Federal Reserve's rate cut

Feb 12, 2024 / 12:30PM GMTOperator Ladies and gentlemen, good day, and welcome to the Q3 and nine months FY24 earnings conference call of Vishnu Chemicals Limit

Route Mobile Promoter, Proximus Opal, plans to sell up to 3.8 million equity shares, or a 6.03% stake in the company, through an offer for sale. Non-retail investors can bid for the OFS shares on Thursday, while retail and non-retail investors can bid on Friday for the unallotted bids carried forward from the previous day. The floor price for the OFS has been set at Rs 1,635 per share.

IT stocks today: TCS, Mphasis, Accelya Solutions India, Sonata Software, and Kellton Tech Solutions rose in the range of 3 per cent to 6 per cent

The Nifty IT index has outperformed surging 14% in the last one month owing to the recent portfolio shift after the election outcome, and hope for a better calendar year 2025.

Feb 09, 2023 / NTS GMTOperator Ladies and gentlemen, good day, and welcome to the Kalpataru Power Transmission Limited Q3 FY23 conference call hosted by Emkay G

JG Chemicals shares debut at a 5.4% discount, listing at Rs 209 (NSE) and Rs 211 (BSE). It received an overall subscription of nearly 28 times. The net proceeds will be used towards investment in its material subsidiary, debt repayment, capex, working capital, and general corporate purposes.

JG Chemicals' IPO allotment status can be checked on the NSE website or Kfin Technologies' page. The IPO was subscribed 28 times and is valued at an EV/EBITDA of 12.3x. Refunds and transfers are expected on March 12, with listing on March 13. The company is India's largest zinc oxide manufacturer with a market share of 30%.

JG Chemicals, which was incorporated in 1975, produces more than 80 grades of zinc oxide. Its products have various industrial applications.