Grasim Industries surged 4.4% on Tuesday after Morgan Stanley upgraded the stock to Overweight and raised its target price to Rs 3,500, implying a 28.5% upside. The brokerage also named it a top pick, citing strong prospects in the paints segment, which has exceeded expectations since launch, and highlighted multiple growth opportunities driving long-term value.
Indian investors are now more mature. They are accepting market ups and downs. They are investing for the long run. SIP investments are strong. Passive funds are becoming popular. Defence sector is growing due to government support and new technology. Groww Asset Management focuses on long-term investments. Geopolitical issues are impacting global markets. India is doing well.
Protean eGov Technologies has secured a Rs 100 crore work order from the Bima Sugam India Federation to serve as the Technology Solution Provider for its unified digital insurance marketplace. The 72-month domestic contract involves end-to-end development, integration, and support of the platform, strengthening Proteans position in Indias Digital Public Infrastructure (DPI) ecosystem.
In the NSE Midcap pack, seven stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 9, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
This company has taken AI to the next level. Suddenly, youll understand how much more helpful an AI agent can be than a call center in the middle of nowhere! And, on a personal level, youll see how AI has so much potential to change our lives for the better (yes, or for the worse).
Donald Trump faces criticism for pardoning January 6 rioters. He warns Los Angeles protesters against disrespecting law enforcement. Critics point to a double standard. They say Trump values law and order only when politically convenient. The National Guard is deployed in Los Angeles amid protests. This action sparks debate about presidential power and potential overreach.
Asian markets are expected to open higher following positive signals from US-China trade talks. US officials expressed optimism after the first day of negotiations, boosting investor sentiment. The market remains sensitive to trade headlines as investors await key inflation data and the Federal Reserve's upcoming interest-rate decision.
