CarTrade Tech share price jumped by more than 6% on Friday as domestic brokerage JM Financial raised its target price by 10% to ₹1,120 from ₹1,020, citing a potential upside of 45% for the firm. The firm has retained its ‘buy’ recommendation for the used vehicle dealers company shares. CarTrade […]
Foreign institutional investors (FIIs) have turned their backs on Indian equities. In this calendar year so far, they have remained net sellers in Indian stocks to the tune of ₹31,388 crore, according to data from the National Securities Depository Ltd. The month of May saw massive outflows worth ₹25,886 crore […]
RBI monetary policy: On expected lines, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) maintained a status quo on the repo rate and poly stance on Friday, June 7. The six-member committee of the central bank, with a majority of 4:2, decided to keep the benchmark repo rate […]
IT stocks, including TCS, Infosys, HCL Tech, and Tech Mahindra, traded with healthy gains in early trade on Friday, June 7, boosting their sectoral index, Nifty IT. The Nifty IT index was 2 per cent up, while the equity benchmark Nifty 50 was 0.5 per cent up at 9:40 am. […]
Nifty 50 Stock Price Live Updates: At 08:30 Nifty 50 was trading at 22821.4 (0.89%). Today Nifty 50 has been trading in the range of 22910.15 to 22642.6. Nifty futures are at 22899.5 (0.0%) & with an open interest change of 3.98% which indicates Continuation of bullish trend in near […]
Trade setup for Friday Speaking on the outlook for Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “The short-term trend of the Nifty 50 index continues to be positive amidst high volatility. Having recently moved above the hurdle of 22,250 levels (midpart of Tuesday’sTuesday’s long bear […]
Share Market Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog […]
* Latam equities index up 0.6% * Real firms after six-day run of losses * Mexican peso sees steep losses By Sruthi Shankar and Shashwat Chauhan June 6 – Brazil’s real outpaced its Latin American peers on Thursday, tracking rising commodity prices, while Mexico’s peso resumed its recent string of […]
Current State of Inflation Stubbornly high inflation is outpacing wage growth, eroding consumer purchasing power, and raising expectations that the Fed may have to prolong its current high interest rates to get prices under control. This risks further squeezing household budgets and potentially tipping the economy into a recession. All […]
Authentic Brands Group is seeking to slash the interest costs on a $3.3 billion loan and borrow an additional $400 million to fund an acquisition, marking the latest company to capitalize on a receptive market for risky debt. Arrangers led by Bank of America are attempting to lower the interest […]