Brokerage firm ICICI Securities, in its recent report, raised Angel One’s rating from ‘hold’ to ‘buy’, keeping the target price unchanged at Rs 3,469, signaling an upside potential of 24% from the current levels. Angel One, on Thursday, reported a rise in its consolidated net profit for the quarter ended March 2024 to Rs 340 crore, up by 27% year-on-year (YoY).
Open FlipUS stock futures were lower but digging themselves out of a deeper sell-off on Friday, after Israel's retaliatory strike on Iran spooked the market and spurred a rush to safe havens such as gold.Dow Jones Industrial Average (^DJI) futures were down roughly 0.3%, coming back from a 1.4% drop in after-hours trading. S&P 500 (^GSPC) futures dropped 0.4%, while contracts on the tech-heavy Nasdaq 10.
Open FlipNEW YORK (Reuters) - Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S. stock rally, which has flagged as expectations for interest cuts fade.Tesla, Meta Platforms, Alphabet and Microsoft - all set to report next week - are part of the group of companies that had been dubbed the Magnificent.
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