The Latest Breaking News from Nuvama

Media, entertainment sector likely to see better growth in Q3FY27 on festive spending, content pipeline: Nuvama

he media and entertainment sector is likely to see an improvement in spending and growth momentum in the December quarter, supported by a late Diwali, a stronger content pipeline and improving monetisation across digital, subscription and sports segments, Nuvama Research said in its October 1 sector preview.

The Economic Times · 22h ago

FCNR inflows cushion rupee, BoP; FII flows crucial for sustained external stability: Report

Foreign currency non-resident inflows have significantly bolstered rupee stability and India's balance of payments. However, the current support from these inflows may not suffice for long-term external stability. Foreign institutional investor flows are crucial for maintaining economic balance as the support from FCNR is absorbed. India's goods deficit has reached…

The Economic Times · 23h ago

RIL Q2 Results: Nuvama sees 17% EBITDA growth, led by O2C biz. Here’s what to expect

Reliance Industries is expected to report 17% year-on-year growth in Q2FY27 EBITDA to Rs 53,700 crore, led by stronger refining margins and higher throughput, according to Nuvama Research. While the O2C business is likely to drive near-term earnings, New Energy could emerge as a key growth driver, with EBITDA projected…

The Economic Times · Oct 1

BSE shares fall 2%, down 30% in 4 months. Why Macquarie is bullish while Jefferies is cautious

BSE shares fell over 2% amid a broader market decline, trading more than 30% below their May high. Brokerages offered mixed views, with Macquarie bullish on growth prospects, while Jefferies and Nuvama flagged regulatory and operational headwinds, including STT changes, RBI norms and the Closing Auction Session impact.

The Economic Times · Sep 28

BSE shares fall 2% as NSE makes market debut. Here's why Macquarie sees 22% upside

On Thursday, BSE shares fell by 1.5%, coinciding with NSE's much-anticipated market debut after a lengthy IPO process. The initial response from analysts was varied; while Macquarie predicted a potential rise in BSE's target price, both Nuvama and Jefferies warned of looming regulatory hurdles that might impact market engagement. Despite…

The Economic Times · Sep 24

Voltas share price: Nuvama upgrades rating but Jefferies cuts target price after analyst meet. Here’s why

Shares of Voltas received mixed brokerages calls after the company’s analyst meet. Nuvama upgraded the stock to ‘Hold’ but cut its target to Rs 1,220, while Jefferies retained ‘Buy’ and lowered its target to Rs 1,495. Margin pressures, rising costs and market-share gains remain key factors for investors.

The Economic Times · Sep 23

Solar Industries shares plunge 17% in 2 days. Why Jefferies, Nuvama still see up to 46% upside

Solar Industries shares have plunged over 17% in two sessions following the Rs 12,951 crore acquisition of South Africa’s Omnia Holdings. Despite the sharp correction, Jefferies and Nuvama retain Buy ratings, citing the company’s earnings growth potential, strong cash flows and strategic benefits from the acquisition and global expansion.

The Economic Times · Sep 16

BSE volumes ease after sharp rebound; CAS remains in focus: Nuvama

For FY27 to date, BSE’s ADPTV is around Rs 26,200 crore, while its ADPTV market share is around 35.2%. Its premium-to-notional turnover ratio is around 12.4 basis points, compared with 17.2 basis points for the industry.

The Economic Times · Sep 12

Coforge shares rise 2% as Nuvama, other brokerages say concerns around Chairman's resignation are overdone

Coforge shares recovered after brokerages retained Buy calls, saying concerns over Chairman Om Prakash Bhatt’s resignation are overdone. Nuvama and Motilal Oswal see limited business impact and remain positive on the company’s growth outlook.

The Economic Times · Sep 10

Residential realty enters middle cycle as focus shifts to capital deployment, annuity assets: Nuvama

India's residential real estate sector is entering the middle stage of its current cycle, with developers shifting focus from debt reduction to capital deployment, project execution and development of annuity assets, according to a report by Nuvama Research.

The Economic Times · Sep 8