Wall Street: S&P 500 and Nasdaq declined on Wednesday, with major chip and tech stocks leading the fall on worries about trade sanctions on companies giving China access to advanced semiconductor technology. A report by news agency Bloomberg said President Joe Biden is considering the most severe trade restrictions available […]
Bitcoin prices (BTC) surged over 3 per cent on Wednesday, reaching $65,758 at 12pm (India). BTC has experienced high traction among investors due to increased inflows and positive sentiments following an assassination attempt on US presidential candidate Donald Trump, which has significantly increased the odds of the former president winning […]
The Indian stock market has been on a record-breaking spree in July, driven by optimism about a growth-oriented Union Budget, expectations of healthy April-June quarter earnings for fiscal 2024-25 (Q1FY25) by Indian corporates, and the steady progress of the monsoon. In the previous session, the 30-share benchmark hit its fresh […]
Budget 2024: As we gear up for Union Budget 2024, investors are closely eyeing the road map for the infrastructure sector, anticipating significant policy announcements and budgetary allocations. Gurpreet Sidana, CEO of Religare Broking speaking to Mint, highlighted that the government had set a clear priority on infrastructure in the […]
—Peter Lynch If you are ever depressed by your stock-picking skills, here’s a quick morale booster—even the giants of the game get it wrong sometimes. Case in point: the ‘father of value investing’ himself. In the heady days of the 1920s, an era so exuberant that it was dubbed the […]
Consolidation is the name of the game in India’s cement sector, but another emerging trend is the growing thrust on green energy. Cement companies are making significant investments in waste heat recovery systems (WHRS) and other renewable energy sources such as solar and wind power. This is expected to reduce […]
Q1 Results Preview: Infosys will be reporting its financial performance for the April-June 2024 quarter on Thursday 18 July 2024. Moderate IT sector Q1 expectations The expectations around financial performance by Infosys and other IT sector companies has remained subdued. General expectation is that the growth of the Information Technology […]
Sanstar IPO is scheduled to open for subscription on Friday, July 19. The price band for the Sanstar IPO has been set at ₹90 to ₹95 for each equity share with a face value of ₹2. The ₹510-crore issue will end on Tuesday, July 23. Investors may place bids in […]
The country has also already experienced a significant rise in demand for data centres. Among everything else, AI adoption has emerged as a key driver. With AI consumption having surged manifold since the launch of ChatGPT, availability of a robust data centre ecosystem has become paramount for businesses. Alongside this […]
The Indian IPO market is experiencing a golden age. Driven by a robust domestic economy and high investor confidence, it has become a launchpad for ambitious companies and a lucrative opportunity for eager investors. This thriving activity is characterised by a substantial increase in the number of companies seeking to […]