InCred Equities has revised its Nifty target down by 3% to 25,327 points, citing a challenging macroeconomic environment and delayed RBI rate cuts. The brokerage upgraded the pharmaceutical sector to "overweight," highlighting positive revisions for stocks like Cipla and Alkem Laboratories, while sectors such as commodities and FMCG faced downgrades. Despite an 8% decline in the Nifty-50 index since mid-September, improved consumer sentiment during the festive season is expected to boost retail demand.
Norsk Hydro ASA is set to discontinue funding for its battery and green hydrogen projects, citing difficult market conditions. The company, known for its hydropower and aluminum production, has been developing a battery business since 2017 but will now phase it out, following Northvolt's recent bankruptcy filing.
In 2025, the outlook for private infrastructure is positive, driven by resilient economic growth, above-average inflation, and declining interest rates. While the asset class offers relative value, challenges such as technological disruptions and political risks must be navigated, particularly in sectors like renewables and digital infrastructure. Traditional infrastructure remains overlooked, presenting potential opportunities amidst a complex investment landscape.
07:47 27.11.2024
Karnataka is set to become the first state in India to introduce a Clean Mobility Policy, following its pioneering EV policy. This new initiative, which encompasses various technologies including electric, hydrogen, and blended fuels, aims to create a comprehensive ecosystem for clean mobility, addressing the entire supply chain from batteries to strong hybrids. The policy is expected to attract significant investment and generate numerous job opportunities.
The global IoT Healthcare Market is projected to reach USD 169.99 billion by 2030, growing at a CAGR of 21.2% from 2025 to 2030. This growth is driven by advancements in telehealth services, remote patient monitoring, and innovative technologies like cloud computing and data analytics, enhancing healthcare management and patient outcomes. Key players include Medtronic, Microsoft, and Philips, among others, with a focus on various segments such as medical devices, software, and connectivity technologies.
Sobha Ltd., a prominent real estate firm in Bangalore, reported a 32% YoY decline in pre-sales for Q2FY25, with total sales volume down 45% YoY, despite a 56% increase in average realization. The company anticipates recognizing Rs. 14,500 crore in revenue over the next 4-5 years, with a target price of Rs. 1,802, as it prepares to launch ~5.5msf in the latter half of the fiscal year.
Swiggy's shares surged 20% over three consecutive days, following a lackluster market debut. The rise was fueled by UBS initiating coverage with a "Buy" rating, highlighting Swiggy's improved margins and scale in the online food delivery sector, setting a target price of Rs 515. After hitting a low of Rs 417.2 on November 25, shares climbed to Rs 501.7.
OpenAI is facilitating a tender offer allowing current and former employees to sell approximately $1.5 billion in shares to SoftBank, as reported by CNBC. This move follows a $6.6 billion funding round that valued the AI company at $157 billion, with SoftBank already having invested $500 million. The initiative was driven by SoftBank's CEO Masayoshi Son, who aims to increase his stake in the startup.
Indonesia’s largest taxi operator, PT Blue Bird, anticipates that a new BYD Co. plant will help reduce electric vehicle prices as it aims to expand its fleet. The company plans for electric vehicles to make up 3% of its fleet by next year, with a goal of reaching 20% by 2030, according to Noni Purnomo, president commissioner at Bluebird Group Holding.
The global Healthcare Satellite Connectivity market is poised for significant growth, driven by the increasing demand for telemedicine and secure data transmission in remote areas. Key players like Eutelsat, SpaceX, and Inmarsat are enhancing services through advanced technologies such as AI and 5G integration. However, challenges like high costs and the need for specialized infrastructure remain barriers to widespread adoption.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings