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Fund flows to Indian IT stocks set to rise on positive earnings surprise: Analysts January 17th, 2024 13:27
Shares of India#39;s IT companies, which earn a significant share of their revenue from the U.S., surged 16.13% in the final two months of 2023, exceeding the benchmark Nifty 50#39;s 13.9% gain.

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Beaten-down China funds may not be good value-buying bets January 17th, 2024 13:27
While many Asian countries are expected to see moderate to strong growth, China can be a notable exception as weak consumption, lower industrial production and distress in property markets weigh on a rebound in 2024

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Farmers build illegal structures on notified land near Jewar airport; administration serves demolition notice January 17th, 2024 13:27
Around 200 farmers have been served with notices for putting up illegal structures on their land, which is set to be acquired. This is generally done to claim higher compensation, as the government gives more money for land that has buildings or structures on it.

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Airlines, planemakers set to unveil new orders at Indian aviation event January 17th, 2024 13:27
As India sets its sights on becoming a regional aviation hub to rival Dubai and Singapore, the Wings India event in its southern city of Hyderabad, running from Thursday to Sunday, is set to draw representatives of lessors and government as well.

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HDFC Bank sheds 6% to top Nifty losers as flat margins, lower EPS growth upset investors January 17th, 2024 13:27
A key miss in margins comes despite rise in cost-to-deposit ratio, receding impact of incremental cash reserve ratio (ICRR), and deployment of excess liquidity, said analysts

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Buy Larsen and Toubro Technology Services; target of Rs 6220: Motilal Oswal January 17th, 2024 13:27
Motilal Oswal is bullish on Larsen and Toubro Technology Services recommended buy rating on the stock with a target price of Rs 6220 in its research report dated January 17, 2024.

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Europe market outperforms North America in Q3 for IT cos; demand to return in H1FY25 January 17th, 2024 13:27
According to analysts, early signs show that the weakness has bottomed out. In fact, one of them said IT services business will see a possible rebound soon, irrespective of whether the US cuts interest rates or not.

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FO Manual | Nifty down 300 points; short-term weakness likely below 21,550 levels January 17th, 2024 13:27
Nifty is currently trading below its 10 Day EMA positioned at 21780 and is heading towards its 20 Day EMA in the 21550-21600 zone, which could serve as a crucial support level. Positionally, if 21550 is breached, the Index may revisit the lower support zone around 21430-21350.

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UK inflation in shock rise to 4.0% in December: Data January 17th, 2024 13:27
The Consumer Prices Index climbed to four percent last month, the first increase since February 2023, the Office for National Statistics said in a statement.

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Tesla cuts Model Y prices in Germany after China price cuts January 17th, 2024 13:27
Tesla reduced prices for Model Y Long Range and Model Y Performance by 5,000 euros to 49,990 euros ($54,340) and 55,990 euros respectively, representing a discount of 9% and 8.1% compared to the previous prices.

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