Tag: downgrades
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IT Stocks Crash: Index falls into ‘bear market’ territory on US recession fears, multiple downgrades
The Nifty IT index has now slipped into "bear market territory" on Wednesday, March 12, meaning that the index has corrected over 20% from...
IndusInd Bank shares tank 27% in biggest fall on record after multiple downgrades, target cuts
Shares of Mumbai-based private lender IndusInd Bank Ltd. fell 27% on Tuesday, after more analysts who have coverage on the lender have issued downgrades...
Citi downgrades US markets, upgrades China to ‘overweight’ on pause in exceptionalism
Citigroup Inc. strategists downgraded US equities to neutral from overweight while upgrading China to overweight, saying that US exceptionalism is at least on pause.Citi...
IndusInd Bank shares fall to a 52-week low after multiple analyst downgrades, price target cuts
Shares of Mumbai-based private lender IndusInd Bank Ltd. fell to a 52-week low after declining as much as 5% in trade on Monday, March...
Brokerages see further downside in ABB shares; Nomura downgrades to ‘reduce’
Despite delivering strong numbers for the December quarter, ABB shares have faced significant target price cuts, with Nomura downgrading the stock to “reduce” from...
