To protect investors from market volatility, the Securities and Exchange Board of India has proposed reducing the time needed for bonus shares issued by a company to be made available for trading. In the consultation paper released on Monday, the market regulator has prescribed timelines for crediting and trading in […]
Gold prices dropped over 2% during a volatile session on Monday as investors sold off positions alongside a broader decline in equities. By 1139 GMT, spot gold had fallen 2% to $2,393.66 per ounce, while U.S. gold futures decreased by 1.4% to $2,434.10. Source link
US equity markets crashed as fear looms over economic recession. The Dow Jones Industrial Average fell 1.71 per cent or 681.07 points to 39,056.19. The S&P 500 fell 3.66 per cent or 195.42 points at 5,151.14, while the Nasdaq Composite crashed 6.34 per cent or 1,063.63 points to 15,712.53. Gold […]
SoftBank-backed Brainbees Solutions Pvt. Ltd, the parent company of baby products retailer FirstCry, is set to launch its initial public offering (IPO) on Tuesday, closing on Thursday, at a price band of ₹440- ₹465. The IPO will include both fresh issues and an offer for sale (OFS), with the company […]
Amid fresh concerns of a looming recession in the US triggered by weaker-than-expected July payroll data, expectations have soared that the US Fed could potentially propose a significant rate cut in its next policy meeting in September. July payroll data last Friday showed the US unemployment rate jumped to near […]
Firstcry IPO: The omnichannel children’s apparel company Brainbees Solutions Ltd., which operates under the FirstCry brand, is slated to debut (Tuesday, August 6) tomorrow for subscription. In terms of GMV (Gross Merchandise Value) for the Financial Year 2024, the company is India’s top multi-channel retailer of products for moms, babies, […]
By expanding into new markets, products, or services, businesses can mitigate risks associated with economic downturns, industry shifts, and unforeseen challenges. The data centre industry stands as a prime example of this trend. India has emerged as a global hotspot for data centre investments, fuelled by increasing digital adoption and […]
Indian real estate stocks bore the brunt of Monday’s market crash, as investors are concerned that a potential economic slowdown in the United States could reduce demand for real estate, causing a decline in property prices and rentals. A slowdown in the US economy could lead to reduced capital flows […]
Gold rate today: Following uncertainty in the US economy after the US jobless claim data surged to a three-year high and rising tension in the Israel-Iran war-like situation, the gold price has witnessed strong buying since the early morning session. Gold price today on the Multi Commodity Exchange for the […]
Stock Market today: Tata Steel, Steel Authority of India Ltd , NMDC, Hindalco Industries Ltd , Vedanta , Hindustan Copper Hindustan Zinc Ltd were prominent gainers amongst the metal stocks that led to a decline in the Nifty Metal Index. The Nifty Metal Index during the intraday trades on Monday, […]