Adobe shares soared 16 per cent on Friday after the company raised its annual revenue forecast on higher demand for its artificial intelligence-powered software. At 12:24 pm EDT, Adobe shares were at $525.44, higher by $66.70, or 14.54 per cent on the tech-heavy Nasdaq. Milestone Alert! Livemint tops charts as the fastest growing news website […]
Gold prices rose more than 1% on Friday and were on track for their first weekly gain in four as signs of slowing inflation in the U.S. raised hopes of a rate cut later this year, while a stock selloff across Europe also lent support. Spot gold was up 1.2% […]
Markets regulator Sebi on Friday cancelled the certificate of registration of Grovalue Financial Services for flouting regulatory norms. The Securities and Exchange Board of India (Sebi) inspected the matters of Grovalue Financial Services, a Sebi-registered research analyst, from April 2021 to August 2022. The inspection was carried out to verify […]
The NSE benchmark has demonstrated consolidation with a 4.4 per cent up move over the past two months despite significant market volatility during the Lok Sabha elections 2024. ‘’Nifty 50 is trading at 15-year average PE with 14.9 per cent EPS CAGR over FY24-26. Our 12- month base case Nifty […]
Milestone Alert! Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more. 3.6 Crore Indians visited in a single day choosing us as India’s undisputed platform for General Election Results. Explore the latest updates here! Catch all the Business News, Market News, […]
The high court’s conservative majority found that the Trump administration overstepped when it changed course from predecessors and banned bump stocks, which allow a rate of fire comparable to machine guns. The decision came after a gunman in Las Vegas attacked a country music festival with assault rifles equipped with […]
HDFC Bank vs Axis Bank: Leading private lenders HDFC Bank and Axis Bank received bullish-to-neutral ratings from domestic brokerage firms after declaring their January-March quarter results for fiscal 2023-24 (Q4FY24). According to BSE data, HDFC Bank currently commands the top spot as India’s largest banking major by market cap, followed […]
Mahindra & Mahindra (M&M) is now India’s second-largest automaker after overtaking Tata Motors in terms of market capitalisation (mcap) earlier today. M&M shares hit three per cent upper circuit at a fresh 52-week high on the robust momentum. With an mcap of ₹3,63,980.89 crore, M&M is now the second-most valuable […]
Over the past 11 years, investors have enjoyed an impressive return of 1430%. In April, Tata Communications reached a new pinnacle, surpassing the ₹2,000 mark for the first time, touching an all-time high of ₹2,084 per share. Also Read: TCPL to double capex this fiscal, expand into new categories The […]
Durlax Top Surface IPO: Durlax Top Surface Limited IPO price band has been set in the range of ₹65 to ₹68 per share of face value of ₹10 each. The SME (Small and Medium enterprises) will open for subscription for investors on Wednesday, 19 June 2024. Durlax Top Surface IPO […]