Shares of Canara Bank surged 7% to Rs 94.50 in three days after star investor Rekha Jhunjhunwala, wife of the late Rakesh Jhunjhunwala, increased her stake in the public sector lender to 1.46% as of the quarter ended March 2025. This was up from 1.42% at the end of the December 2024 quarter, which was…
READ MOREJapan’s Nikkei share average fell for the first time this week on Wednesday as chip-sector shares sank after Nvidia said the U.S. government is limiting exports of its key chip to China. Chip-testing equipment maker Advantest, an Nvidia supplier, was the Nikkei’s second-worst performer with a 6.6% tumble. Chip-making equipment manufacturer Disco tanked 8%. The…
READ MOREIndia’s luxury housing market continued its upward momentum in the first quarter of 2025, with sales of high-end homes—priced at Rs 4 crore and above—rising nearly 28% year-on-year across the top seven cities. A total of around 1,930 units were sold during the quarter, up from 1,510 units a year ago. Delhi-NCR dominated with a…
READ MOREEuropean shares slipped on Wednesday after a strong start to the week, as concerns over corporate profits deepened following news that Nvidia would shoulder billions in charges due to U.S. export curbs to China. Adding to tech woes, ASML, the world’s biggest supplier of computer chip-making equipment, warned that tariffs were increasing uncertainty for its…
READ MOREMost people would agree that wallpapers are a godsend when it comes to home decor, whether you are living in a rented space or your own house. Ease of use, affordability, versatility and customisation potential are but a few of the benefits wallpapers have to offer. As opposed to permanent wall paint designs, they can…
READ MOREDomestic markets began the holiday-shortened week on a strong note, gaining over 2%, supported by positive global cues. In today’s trade, shares of Wipro, Angel One, Gensol Engineering, IndusInd Bank, IREDA, MGL among others will be in focus due to various news developments and corporate earnings. Wipro, Angel OneShares of Wipro and Angel One will…
READ MOREBenchmark indices Sensex and Nifty jumped more than 2% on Tuesday due to positive global market cues after US President Trump announced a temporary tariff relief on phones, computers and popular consumer electronics. Focus will be on the key Q4 earnings including Wipro. Analysts expect positive momentum to continue in the market, on hopes of…
READ MOREU.S. stocks ended slightly lower on Tuesday as tariff uncertainty stayed high and shares of consumer and healthcare companies eased, while upbeat results from banks provided some support. Shares of Bank of America and Citigroup rose following their results. Still, bank executives warned that U.S. consumer spending faces huge risks if the upheaval sparked by…
READ MORENvidia on Tuesday said it would take $5.5 billion in charges after the U.S. government said it would require licenses for exports to China of its H20 artificial intelligence chip, which has been one of its most popular chips. Nvidia’s AI chips have been a key focus of U.S. export controls as U.S. officials have…
READ MOREShares of Indian Renewable Energy Development Agency (IREDA) will be in focus on Wednesday after the company reported a 49% year-on-year (YoY) rise in its consolidated net profit for the March quarter to Rs 502 crore, compared to Rs 337 crore in the same period last year. The total revenue from operations in Q4FY25 stood…
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