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Motilal Oswal has initiated coverage on Bharat Dynamics with a neutral rating and a target price of Rs 1,900, citing stretched valuations. While upbeat on its export momentum, order book, and earnings growth, the brokerage prefers lower entry points amid limited near-term upside.
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News and Media
Gold prices saw slight gains, supported by a weaker dollar and bond yields. Investors closely watched trade talks. Silver futures also opened higher. Earlier, both metals settled weaker domestically but showed mixed performance internationally. Price volatility was high. Fed's meeting minutes offered no surprises. Rate cut possibilities are there. US dollar index slipped.
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News and Media
Industry regulator The North Sea Transition Authority (NSTA) has identified a backlog of more than 500 wells that require plugging.
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News and Media
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