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Asian share markets opened higher on Wednesday, shunning Wall Street jitters after the US Federal Reserve reaffirmed a dovish monetary policy stance that eased inflation concerns. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.24 per cent.
Small investors in India are latest to snag beaten-down stocksFirst-time investors are piling into beaten-down stocks such as financials, telecom and pharma.
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… Read MoreStocks in the news: RIL, Asian Paints, IOC, Adani Power, Ujjivan Financial and YES BankRIL is working to complete the contours of a strategic partnership with Saudi Aramco, the company said in its annual report.
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… Read MoreSensex crosses 35,000; ‘Nifty could touch 10,600’The Sensex, which has rallied 38 per cent in the last three months, gained 519.11 points to close above the 35,000-level for the first time since March 11.
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… Read MoreHold Asian Paints, target price Rs 1,625: Emkay GlobalThe brokerage says growth for VFM products is likely to remain strong and it will continue to drive higher growth in the low-end segment.
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… Read MoreNeutral on Infosys, target price Rs 710: NomuraNomura thinks that demand impacts from verticals like BFSI and telecom will be visible in the second quarter as clients calibrate spending in the first quarter.
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