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2026-03-12 05:52:42| The Economic Times

Jefferies has cut its target price on Bharti Airtel to Rs 2,250 from Rs 2,575, citing a potential delay in the Reliance Jio IPO and concerns over Bhartis entry into the NBFC business. The brokerage expects tariff hikes to be pushed to December 2026 but maintains a Buy rating, saying the stock still offers favourable risk-reward.

Category: News and Media

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2026-03-12 05:15:09| The Economic Times

The Indian rupee depreciated by 31 paise to 92.32 against the US dollar on Thursday, driven by FII outflows, rising crude oil prices, and a stronger greenback amid ongoing West Asian conflict. Domestic equity markets also opened weak, further pressuring the local currency.

Category: News and Media

2026-03-12 05:12:35| The Economic Times

Gold and silver prices moved down on Thursday as a firmer US dollar weighed on bullion demand. On the MCX, silver fell over Rs 2,000 per kg while gold declined marginally. Analysts expect continued volatility amid currency fluctuations, geopolitical tensions and crude oil price movements, advising investors to wait before initiating fresh positions.

Category: News and Media

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