JPMorgan remains cautious on S&P 500, sees more than 20% downside risk
JPMorgan's price target for S&P 500 remains 4,200, which signals a 23% downside risk from current levels.
JPMorgan remains cautious on S&P 500, sees more than 20% downside risk
JPMorgan’s price target for S&P 500 remains 4,200, which signals a 23% downside risk from current levels
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FY24 #GDP @ 8.2%
#FII Shorts multi-year high @ 87%
Record May #GST @ 1.74 lk cr
#Dow best day of 2024, +570
#Brent #Crude down 7% in May
#Auto Sales
Highest #FII sell in a month since June 2022 @42k cr in May
#Modi Stocks
Big Qs: 24000 soon FY24 #GDP @ 8.2%
#FII Shorts multi-year high @ 87%
Record May #GST @ 1.74 lk cr
#Dow best day of 2024, +570
#Brent #Crude down 7% in May
#Auto Sales
Highest #FII sell in a month since June 2022 @42k cr in May
#Modi Stocks
Big Qs: 24000 soon
Global Indices
GIFT Nifty: 23499 +33
Hangseng: 18483 +81
Dow: 23499 -115
S&P 500: 5283 +6
Nasdaq: 16828 +94
USD / INR: 83.10
Brent Crude: 77.90
GOLD: 2369.40
FII Net (03-06-2024): +6851
DII Net (03-06-2024): +1914 Global Indices
GIFT Nifty: 23499 +33
Hangseng: 18483 +81
Dow: 23499 -115
S&P 500: 5283 +6
Nasdaq: 16828 +94
USD / INR: 83.10
Brent Crude: 77.90
GOLD: 2369.40
FII Net (03-06-2024): +6851
DII Net (03-06-2024): +1914
Buy Dabur at 574-578. Stop 564 Buy Dabur at 574-578. Stop 564
Tata Motors: board has approved to set up a wholly-owned subsidiary for its commercial vehicles business – ‘TML Commercial Vehicles’. The company also approved the merger of Tata Motors Finance with Tata Capital.
Kotak Mahindra Bank: received RBI approval to sell a 70% stake in its general insurance subsidiary to Zurich Insurance Company.
Torrent Pharma: signed an agreement with the Japanese pharma company ‘Takeda’ to market its acid reflux drug in India.
KEC: got orders worth Rs 1,002 cr for civil and defence residential projects Tata Motors: board has approved to set up a wholly-owned subsidiary for its commercial vehicles business – ‘TML Commercial Vehicles’. The company also approved the merger of Tata Motors Finance with Tata Capital.
Kotak Mahindra Bank: received RBI approval to sell a 70% stake in its general insurance subsidiary to Zurich Insurance Company.
Torrent Pharma: signed an agreement with the Japanese pharma company ‘Takeda’ to market its acid reflux drug in India.
KEC: got orders worth Rs 1,002 cr for civil and defence residential projects