LTIMindtree nosedives in intra-day trade, brokerage show optimism; check target levels and recommendations

LTIMindtree’s share price fell 1.04% to Rs 5,401 during the intra-day on Friday. Despite today’s downfall in the stock price of the company, the brokerage houses have shown optimism on the stock. The share price, however, surged nearly 6% yesterday on the news of the company’s earnings in Q2. LTIMindtree, the sixth-largest IT services firm, on Wednesday, reported a sequential rise of less…

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Key listing to watch this week- Aadhar Housing Finance, TBO Tek, and 9 other companies will hit secondary market

A total of 11 companies will hit the bourses in the week ending May 19. In the mainboard, two companies will see listings and in the SME nine companies will hit the secondary markets. 

Mainboard Listing

Aadhar Housing Finance

The company will list on May 15. It collected Rs 3,000 crore from investors by offering them…

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Markets muted but banks shine! Nifty holds 23,500, Sensex near 77,300; Bank Nifty hits record highs, ends 2% higher on June 19

The benchmark equity indices ended Wednesday’s trading session in the muted territory. The NSE Nifty 50 dipped 41.90 points or 0.18% to settle at 23,516, while the BSE Sensex gains marginally higher 36.46 points or 0.05% to 77,337.60. Bank Nifty index ended higher by 957.15 points or 1.90% to settle at 51,398.05.

The broader indices ended in negative territory, with fall led b…

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