RBS slashes Nifty target to 9,200 citing reform delays

The Royal Bank Scotland on Thursday lowered its forecast for the NSE Nifty to 9,200 points from 10,000 it pegged in December. The bank cited delayed reforms because of state elections later this......

Even as economy reopens, new projects down 82% YoY in Sep

Completed projects saw an improvement of 29.2 per cent over the June quarter, which is valued at Rs 0.31 trillion. The value of new projects continued to decline in the September quarter even as......

Sensex at 52k. Time for profit-booking

'Do some profit booking and bring your equity allocation back to its original level.'Sanjay Kumar Singh finds out more. Illustration: Dominic Xavier/Rediff.com   The Sensex soared past the......

Now, Morgan Stanley downgrades IT stocks

The BSE’s index of Information Technology (IT) stocks is down 2.71 per cent since January, compared to a 6.8 per cent gain in the Sensex. IT stocks might continue to lose appeal, suggested a......