The Share and Stock Market is one of the most important ways for companies to raise their money through shares, and the objective of this blog is to provide you daily intraday news regarding stock market. You have arrived at the right place and you'll find a lot of information here on intraday news updates— basic concepts, strategies for buying and selling, time of entry and exit and a lot more.
Today Indian Stock Market News; Sensex, Nifty Open Flat With Positive Bias; Infosys Gains
While retaining its neutral call on the stock with a target price at Rs 2,408, Macquarie says investors could press for increase in payout ratio and expects FY18 EPS to rise over 1 percent but that may partly offset by lower other income. According to Macquarie, clarity on client budgets is a key catalyst for the stock. It expects CY17 to be dominated by return of capital to shareholders and visa reform in US. Its pecking order in large cap IT players is HCL Technologies, Infosys, TCS, Tech Mahindra and Wipro.