Friday’s market surge lifted the weak indices, ending the week on a positive note. Easing food inflation, A gradual easing in food inflation and a price hike by FMCG companies, along with a recent correction in valuation, supported the sector to outperform. Additionally, the expectation of an increase in US spending is propelling the IT…
READ MOREThe Nasdaq Composite broke past 20,000 for the first time ever on Wednesday. Tech led the index to fresh records after November’s CPI was in line with estimates. The inflation report boosts prospects that the Federal Reserve can cut rates this month. The Nasdaq Composite breached 20,000 for the first time on Wednesday after November’s…
READ MOREInvestors added US stocks to their shopping lists on Black Friday. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all ended November on a high note. Wall Street is optimistic about 2025, even as risks loom. This story was originally posted after Friday’s opening bell and has been updated. US stocks finished a…
READ MOREShares of Shakti Pumps zoomed 5% to hit their upper circuit of Rs 828 on the BSE today as the stock started trading on an ex-bonus basis from today. The company had announced a 5:1 bonus share issue for its shareholders. The company had announced November 25 as the record date for the purpose. After…
READ MOREIRFC Share Price 142.15 03:59 PM | 22 Nov 2024 0.49(0.34%) Suzlon Energy Share Price 65.22 03:59 PM | 22 Nov 2024 -0.11(-0.17%) IREDA Share Price 185.5 03:59 PM | 22 Nov 2024 0.92(0.5%) Tata Motors Share Price 791.0 03:59 PM | 22 Nov 2024 17.15(2.22%) YES Bank Share Price 19.21 03:59 PM | 22…
READ MOREIndian equity markets scaled new highs in the month of September on the back of 50 bps rate cut by the US Federal Reserve, boosting the sentiments of investors that the easing cycle is here to stay. The markets clocked gains in three out of four weeks during the month. Benchmark Sensex rose 1.22% in…
READ MOREThe Nifty Index opened positive above 25400 zones and after a slight slip in the initial hour, it rebuilt strength and touched the all-time high zones. It remained afloat in the second half of the session with consolidation at higher zones. It formed a Doji sort of candle on a daily frame and has been…
READ MOREIndia is projected to have a potential Small and Medium Real Estate Investment Trusts (SM REITs) market value exceeding $ 60 billion by 2026, with over 350 mn sq ft of ready commercial office stock. Among the top seven cities, Mumbai leads the potential SM REIT-ready completed stock with 75 mn sq ft as of…
READ MOREForeign investors have adopted a cautious stance and infused Rs 7,320 crore in the Indian equities in August owing to high valuation of stocks and the unwinding of the Yen carry trade after Bank of Japan raised interest rates. This investment was way lower than Rs 32,365 crore in July and Rs 26,565 crore in…
READ MOREA sizzling rally in Indiaβs auto shares is reversing as a build up of unsold vehicles and growing discounts by carmakers pressure profit margins. Indiaβs NSE Nifty Auto Index is down 4.1% in August, more than double the decline in the Nifty 50 Index. Bellwether Maruti Suzuki India Ltd. has slid 6% so far in…
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