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Jio Financial, Zomato shares jump up to 4%; 2 stocks likely to enter Nifty, says Nuvama
Shares of Jio Financial Services Ltd and Zomato Ltd climbed up to 3 per cent in Thursday's trade, as the two stocks are seen as major contenders to be included in Nifty in the March 2025 rejig. The announcement is likely by the second half of February 2025.
Jio Financial, Zomato potential Nifty inclusion candidates? Here is what analysts said
In case Zomato and Jio Financial do get included in the Nifty next year, Nuvama expects the exclusion of stocks like BPCL and Eicher Motors from the index. If that happens, Eicher could see outflows worth $263 million and $246 million for BPCL.
Jio Financial, Zomato may enter Nifty 50; BPCL, Eicher likely to exit: Report
Jio Financial Services and Zomato are likely to join the Nifty 50, replacing BPCL and Eicher Motors, according to a JM Financial report. This signals a shift towards India's booming financial and digital sectors.
Nifty 50 Rejig: Jio Financial Services, Zomato shares among top contenders for inclusion in March 2025 — JM Financial
Jio Financial Services and Zomato are poised to replace Bharat Petroleum Corporation Limited (BPCL) and Eicher Motors in the Nifty 50 index druing its rebalancing in March 2024, according to JM Financial.
9h
Nuvama assigns 'Reduce' rating for this Nifty heavyweight on missing guidance for past six years
Index heavyweight ONGC has been losing its attractiveness in the upstream oil and gas space. Recently after its Q2 show, the ...
1d
on MSN
Nykaa shares: Nuvama cuts target price, but retains 'Buy' rating on stock; here's why
Nuvama said it sees an improvement in growth in H2 on the back of higher festive and wedding demand. It continues to forecast ...
ndtvprofit
2d
UPL Share Price Sees Best Day In Six Months After Nuvama's 'Buy' Upgrade
UPL stock rose as much as 7.3% during the day to Rs 552.8 apiece on the NSE. It was trading 5.5% higher at Rs 543.5 apiece, ...
7d
MSCI adds five Indian stocks to key index; Nuvama sees $2.5 bln inflows
MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift ...
1d
Nykaa stock jumps 5% on robust Q2 earnings; Nuvama remains bullish but cuts target
Nykaa sees a diversified channel mix for its beauty-owned brands as it drives down on omnichannel presence and alternative ...
ndtvprofit
2d
Jubilant FoodWorks Share Price At Over One-Month High As Analysts See Bright Spots In Q2 Results
Citi and Nuvama have shared mixed outlooks on Jubilant FoodWorks but remain optimistic based on the company’s latest ...
Morningstar
2d
Nuvama Wealth Management Ltd
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
2d
on MSN
Hot stocks: Brokerage view on Aarti Industries, Britannia, LIC and Hindalco
Brokerage firm Nuvama has given a Buy rating on Aarti Industries, signaling confidence in the company's prospects. Meanwhile, ...
7d
MSCI Adds Five Indian Stocks to Key Index; Nuvama Sees $2.5 Billion Inflows
MSCI said there would be 156 Indian stocks in the index, but that is only one-fourth of China's 598, signalling scope for ...
3d
on MSN
Power Grid shares: Here are Maharatna PSU's stock price targets post flattish Q2 profit
Nuvama said it finds PGCIL expensive at 3.1 times FY27E P/BV. The brokerage retained ‘Reduce’ with a target price of Rs 244 ...
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