Published on 15/09/2025 09:00 AM
Brokerage firm UBS on Monday, September 15, initiated coverage on two Midcap IT stocks, Mphasis Ltd. and Persistent Systems Ltd., with a “buy” recommendation, and projecting up to a 25% upside.UBS has ascribed a price target of ₹3,730 per share for Mphasis, which implies a potential upside of 16% from Friday’s close, while for Persistent, UBS has a target of ₹6,730, which implies a potential upside of 25%. here
#RupeeCheck | Rupee opens at 88.25/$ vs Friday's close of 88.28/$ pic.twitter.com/JDLlYjbDKP
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Apollo Hospitals will acquire IFC’s 30.8% stake in its subsidiary Apollo Health and Lifestyle for ₹1,254 crore in an all-cash deal, raising its holding to 99.42%. The shares are being purchased at ₹301.09 each. here
Market Watch: Sudarshan Sukhani, Technical TrendsMitessh Thakkar, Bonanza Portfolio#StocksToWatch | Here’s a list of stocks that are in focus going into trade today
????RCF: Starts Production At 100 mtpd Liquid Co2 Unit
????Diamond Power: Gets LoI For A Contract Worth Rs 236 Cr From Adani Energy pic.twitter.com/5kKKAAWYoA
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DAM Capital On Northern Arc
Initiate Buy Call, Target Price At ₹335/Sh#MarketCues | Here’s how the global market cues are placed this morning ahead of #USFed‘s meet???? pic.twitter.com/aHYqRZimce
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Jefferies On Spirit Companies
Gold stayed close to a record at around $3,640 an ounce as traders awaited a likely Fed rate cut this week. Markets expect a quarter-point reduction, with scope for further cuts into next year amid signs of labour market weakness. here
#CNBCTV18Market | #CLSA‘s outperform call on #SamvardhanaMotherson: Target price raised to ₹124/sh, non-auto segment positioned as key driver of profitable growth. Focus on strong capital structure and biz diversification. Co targets 5x revenue in next 5 years while maintaining… pic.twitter.com/4XTcSpeM9E
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GS On Havells
Nomura On Apollo Hospitals
Neutral Call, Target Price At ₹6,856/Sh
JPM On Tata Tech
Underweight Call, Target Price At ₹570/Sh
US President Donald Trump said he expects a “big cut” from the Federal Reserve at its upcoming meeting, which would mark the first policy easing in nine months. here
UBS on Persistent
Initiate Buy, TP ₹6730
UBS on Mhpasis
Initiate Buy, TP ₹3370
UBS on LTmindtree
Initiate Neutral, TP ₹5830
Shares of BYD have fallen more than 30% from their peak just four months ago, erasing over $45 billion (about ₹4 lakh crore) in market value, as concerns grow over competition and a price war in China’s EV market. here
Mahesh Nandurkar – Jefferies
Weak FPI positioning & large India underperformance imply that any potential good news on India-US trade can cause a sharp market upswing – our base case. But beyond that, returns might be muted given the potentially large equity supply & high PE / weak earnings.
Strong domestic buying should prevent downside, though. A sideways market would be great for bottom-up ideas. In our model portfolio, we add/increase BAF, Radico, GMR and trim/cut Bandhan, ITC & INFO.
Vedanta Ltd. has settled its dispute with Chinese firm SEPCO over its power business, with SEPCO withdrawing arbitration claims. This removes the need for an NCLT hearing and clears a key hurdle for Vedanta’s demerger, now targeted for completion by September-end. here
Dev Accelerator’s ₹143.35-crore IPO, open from September 10 to 12, was subscribed nearly 64 times, receiving bids for 84.1 crore shares against 1.31 crore on offer. Share allotment will be finalised on Monday, September 15. here
South Korea has scrapped its plan to lower the capital gains tax threshold for stock investors, marking President Lee Jae Myung’s first major policy reversal. The proposal, which would have reduced the threshold from 5 billion won to 1 billion won, faced strong opposition from retail investors and triggered a market selloff in August. here
Shringar House of Mangalsutra’s ₹400.95-crore IPO, open from September 10 to 12, was subscribed 60.29 times, with bids for 102.59 crore shares against 1.7 crore on offer. Share allotment will be finalised on Monday, September 15. hereNewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.