The return of Trump implies the return of volatility for stock markets
Donald Trump has been elected as the 47th president of the US. Republicans have control of the Senate too. If the Republicans also manage to get control of the House, it would strengthen Trump’s hand further. We will have to wait and see if that happens. Nevertheless, given that Trump has been elected president, it…
READ MORE
13th Nov 2024 | Asia in Red Market Need to recover otherwise bad situation expected
NIFTY Prediction Nifty daily chart, the index has formed a Bearish Engulfing pattern, signaling strong control by the bears. The immediate support is seen at 23,820-23,600. On the upside, there are multiple resistance levels, with the first at 24,200-24,000, where the index is likely to face selling pressure. BANK NIFTY Prediction Bank Nifty remained under pressure,…
READ MORE
LTTS shares jump 4.5% following $110 million AI-focused acquisition
Shares of L&T Technology Services (LTTS) jumped 4.5% to a high of Rs 5,338.65 on the BSE after the company announced that it has acquired California-based Intelliswift Software along with its Indian arm for $110 million on Monday. The acquisition is meant to enhance LTTS’ AI and software capabilities in the digital engineering suite for…
READ MORE
UBS recommends caution on mid & small cap stocks; remains underweight on India – UBS on Indian markets, top sectors to watch out for
1/5 UBS on Indian markets, top sectors to watch out for In this interview with ETMarkets, Gautam Chhaochharia, Head of Global Markets, India at UBS, shares UBS’s nuanced outlook on the Indian market amidst ongoing global and domestic challenges. Despite recent corrections, he notes that valuations remain high, particularly in the small-cap space. UBS favors…
READ MORE
Sagility India shares surge nearly 10% post listing
Shares of Sagility India surged 9.6% to an intraday high of Rs 32.90 on the BSE after listing on the bourses on Tuesday. The stock debuted on the BSE at Rs 31.06, a premium of 3.5% over its upper price band of Rs 30. The stock opened at the same price on the NSE as…
READ MORE
UPL shares rise nearly 6% despite widened Q2 loss, analysts weigh
Shares of agrochemicals manufacturer UPL on Tuesday rose 5.6% to their day’s high of Rs 552.70 on the BSE trade after the company reported a net loss of Rs 443 crore for the second quarter of FY25, widening over 2.3 times from the year-ago period. The company reported a revenue of Rs 11,090 crore for…
READ MORE
Tata Motors, Trent among 5 stocks with long buildup – Long Buildup
IRFC Share Price 147.78 10:37 AM | 12 Nov 2024 0.38(0.26%) Suzlon Energy Share Price 60.98 10:37 AM | 12 Nov 2024 -1.18(-1.9%) IREDA Share Price 198.37 10:37 AM | 12 Nov 2024 0.91(0.46%) Tata Motors Share Price 795.6 10:37 AM | 12 Nov 2024 -9.11(-1.14%) YES Bank Share Price 19.99 10:37 AM | 12…
READ MORE
Niva Bupa Healthcare IPO subscribed 1.8 times on final day of bidding process. Check GMP, other details
Driven by a robust demand from retail investors, the initial public offer (IPO) of Niva Bupa Healthcare sailed through on Monday, the last day of the bidding process, being subscribed by 1.8 times. Retail participants had bid for 8,56,92,200 shares from the 3,14,28,571 reserved for them, subscribing to the issue by 2.73 times. This was…
READ MORE
LG walking Hyundai path, hires another banker for $1.5 billion IPO
LG Electronics Inc. has added Axis Capital Ltd. to a roster of banks arranging a potential initial public offering of its Indian unit, according to people familiar with the matter. The South Korean company has selected the Indian bank as it moves forward with a share sale in Mumbai, the people said, asking not to…
READ MORE
Waaree Energies shares crack by 19% in 3 days amid selling pressure after Trump’s victory
Shares of the recently listed Waaree Energies have fallen by 19% in the last 3 trading sessions to a low of Rs 2,925 as Donald Trump’s victory in the US presidential election is considered to be negative for the renewable sector outlook. Trump, in his victory speech, mentioned that he would stop renewable projects on…
READ MORE