Indian benchmark equity indices reversed early gains to trade in the red for the second straight session on Friday, as investor sentiment turned cautious after a deadly terrorist attack on tourists in Kashmir heightened geopolitical risks. The BSE Sensex slumped over 1,100 points to trade below 78,700, while the Nifty50 dropped below 23,900 around 11:57…
READ MOREShares of Gensol Engineering continued to face drubbing, tumbling 5 per cent on Friday, to hit fresh lower circuit limit, amid the ongoing crisis at the firm. The stock of the crisis-hit firm tanked 4.96 per cent to Rs 91.05 — the lowest trading permissible limit for the day as well as a 52-week low…
READ MOREU.S. stocks closed higher on Thursday, rallying for a third straight day with a solid boost from technology shares as investors parsed a mixed bag of corporate earnings and watched for signs of progress in the U.S.-China tariff stand-off. All three major U.S. stock indexes posted sharp gains, with the “magnificent seven” group of artificial…
READ MOREPraising what she described as “impossible” policy shifts in Germany, Britain and Argentina, International Monetary Fund Managing Director Kristalina Georgieva said on Thursday the global economy is entering a “new era.” “What I have seen this week is really a whole collection of the impossible becoming possible,” she told a panel on the sidelines of…
READ MOREGoogle parent Alphabet said it would buy back $70 billion worth of shares and increase its dividend by 5% as it reported first-quarter earnings above Wall Street expectations on Thursday. Shares jumped 4% in extended trading, adding about $75 billion to the company’s market value. Alphabet beat quarterly revenue estimates, benefiting from steady growth in…
READ MOREWaaree Energies shares will be in focus on Friday as around 15 crore shares become eligible for trading with the end of the shareholder lock-in period. According to Nuvama Alternative & Quantitative Research, these 15 crore shares account for 53% of the company’s outstanding equity. However, this doesn’t mean all the shares will be sold—just…
READ MOREThe Pakistan Stock Exchange (PSX) opened sharply lower on Thursday after India imposed a series of tough diplomatic measures on Pakistan, following the Pahalgam terror attack that killed 26 people. The benchmark KSE-100 index dropped 2.12%, or 2,485.85 points to 114,740.29 within the first five minutes of trading, as investors reacted to the escalating geopolitical…
READ MOREIndian stock market’s Nifty has shown a bullish trend, closing positively for seven consecutive days. Synopsis Nifty’s seven-day winning streak signals bullish momentum, supported by strong base formation around the 24,000–24,200 range. Despite a spike in INDIA VIX, the index rebounded, closing near its high. Experts recommend a Bull Call Spread strategy for monthly expiry,…
READ MOREShares of AU Small Finance Bank surged as much as 6.4% to Rs 652.75 on Wednesday after the lender reported a 36% year-on-year increase in fourth-quarter net profit, driven by robust income growth and improved asset quality metrics. The Jaipur-based lender posted a net profit of Rs 504 crore for the quarter ending March 2025,…
READ MOREEven as U.S. President Donald Trump signalled a softening stance on tariffs imposed on Chinese imports, global trade may continue to operate under heightened uncertainty, according to Garima Kapoor of Elara Capital. In an interaction with ET Now, Kapoor reflected on the recent remarks by President Trump, who suggested that while tariffs on China may…
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