BERLIN — Germany’s unpopular governing parties sank to feeble results and the far-right Alternative for Germany made gains in Sunday’s vote for the European Parliament, while the mainstream conservative opposition was the country’s strongest political force by a distance, projections showed. Projections for ARD and ZDF public television, based on […]
Market
The spotlight on Wall Street in the week ahead will be on the US Federal Reserve’s June monetary policy decisions along with consumer inflation data and economic projections. The US central bank is widely expected to hold interest rates steady. Stronger-than-expected jobs data for May released on Friday has fuelled […]
Mumbai: India’s markets regulator has proposed tighter rules on trading in individual stock derivatives, arguing the rules were needed to avert risks of market manipulation after recent explosive growth particularly in options trading. The move comes after two sources familiar with the matter told Reuters in April that India’s top financial […]
Indian stock market will be guided by both global and domestic factors including the US Federal Reserve interest rate decision, India’s inflation data, and policy decisions of the BJP-led coalition government in the week ahead. On June 12, the Federal Reserve will release US core and consumer price inflation figures, […]
Following four years of normal rainfall, last year’s monsoon was below average, with the country receiving 94.4% of the Long Period Average (LPA), which is below the lower range of normal monsoon. Additionally, the southwest monsoon showed significant irregularities, including delay in onset. According to the IMD, out of the […]
Indian stock market: The Nifty moved up significantly after a flat closing in the previous trading session. The short-term trend looks very positive as the index closed near an all-time high. Going forward, the market remains a buy on dips as long as 23000 is not broken. On the higher […]
Le Travenues Technology, an online travel booking platform under the brand name ixigo, is all set to launch its initial public offerings (IPO) next week. The IPO will open for bidding on June 10 and and close on June 12. On Friday, the online travel platform announced that it had […]
In day trading, the 30-share BSE Sensex rose 1,720.8 points, or 2.29%, to a new record high of 76,795.31. The benchmark closed at a record high of 76,693.36, up 1,618.85 points, or 2.16%. The NSE Nifty rose 498.8 points, or 2.18%, to 23,320.20 throughout the day, trailing just the record […]
Eight of India’s ten most valued companies collectively gained ₹3.28 lakh crore in market valuation last week, according to a PTI report. Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries (RIL) were the top performers. Overall, RIL maintained its position as the most valued company, followed by TCS, […]
India has emerged as the second-largest initial public offerings (IPO) market. With the election results announced, the continuation of existing policies is highly anticipated, which is expected to further fuel the IPO boom. “India has become the 2nd largest IPO market. With election results being out, the continuation of existing […]