European stocks retreated from near record-high levels, as investors assessed the outlook for interest rates after Federal Reserve policymakers dialed back their expectations for cuts this year. The Stoxx Europe 600 Index slipped 0.8% by 2:24 p.m. in London, after rallying by the most in five weeks on Wednesday as […]
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European stocks retreated from near record-high levels, as investors assessed the outlook for interest rates after Federal Reserve policymakers dialed back their expectations for cuts this year. The Stoxx Europe 600 Index slipped 0.9% by 11:47 a.m. in London, after rallying by the most in five weeks on Wednesday as […]
Oil prices dipped slightly on Thursday in up-and-down trade, pressured by rising U.S. crude and fuel supplies and expectations of slow Federal Reserve rate cuts but supported by U.S. economic data showing an easing labor market and slowing inflation. Brent crude futures fell 18 cents, or 0.2%, to $82.42 a […]
Instead of big issues like LIC, the market will be tested this year with smaller issues of state-owned enterprises and financial institutions to gauge investor appetite, before the next round of minority share sales in the life insurer is finalized, the first person mentioned above said, requesting anonymity. ‘Next round […]
‘’With OPEC+ is looking to unwind spare production capacity, we see some risk to net realizations of $73-74/bbl for upstream companies in CY25. We think that the best way to play in a range-bound oil price environment with rising downside risks is oil marketing companies, where HPCL is our preferred […]
Indian stock market: On Thursday, June 13, the Sensex and Nifty 50, India’s leading stock market indices, reached new all-time highs during the session. This surge was driven by robust macroeconomic indicators, fostering optimism regarding India’s economic growth prospects in the medium to long term. In the trading session, the […]
Indian stock markets regained their composure after a period of volatility, with a significant rise in the share of stocks that traded in positive territory. This came after a whirlwind of emotions that gripped investors in the lead-up to and the aftermath of the election results last week. “The Indian […]
Telecom major Vodafone Idea on June 13 said that its board has approved issuance of about 166 crore shares at ₹14.80 per share to raise funds up to ₹2,458 crore on a preferential basis. In a regulatory filing, Vodafone Idea said that it will allot 102.7 crore shares aggregating to […]
Shriram Finance Ltd., which the latest addition to the Nifty 50 index, surged over 4 per cent on Thursday to reach an all-time high of ₹2,679. This milestone pushed the company’s overall market capitalization past the ₹1 lakh crore mark. The company surpassed Torrent Pharmaceuticals and Shree Cement in market […]
The initial public offering of Falcon Technoprojects India Ltd is set to hit the D-Street on Wednesday, June 19. The issue’s price band is fixed at ₹92 apiece with a face value of ₹10 each. The issue price is 9.2 times of the face value. The minimum lot size of […]