Shares of Finolex Cables surged over 25 percent in 2 sessions after the company posted better-than-expected results for the quarter ended March 2024 (Q4FY24). The stock jumped as much as 11.7 percent in intra-day deals on Monday to its record high of ₹1,433. This is the second consecutive session in […]
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It’s adiversified powerhouse with a strategicindustrial ecosystem. Headquartered in Ahmedabad, this Adani group leader boasts a multifaceted portfolio. Its roots are firmly planted in core infrastructure like ports and roads. Its branches reach towards the sun in energy production and even new-age ventures like data centres. 2023, however, saw them […]
The investors are focusing on the two nations in emerging Asia, thanks in part to an expected boom in infrastructure spending, which in turn bodes well for the countries’ economies. Both India and Indonesia coincidentally had elections this year, showcasing to the world their ambition to transition into major economic […]
The commercial vehicle (CV) manufacturer Ashok Leyland reported a net profit ₹933.69 crore in the fourth quarter of FY24, registering a 16.73% growth from ₹800 crore in the year-ago quarter, led by strong demand. The Hinduja Group’s flagship company reported consolidated revenue from operations of ₹13,577.58 crore in Q4FY24 as […]
Awfis Space Solutions IPO day 3: The initial public offering (IPO) of Awfis Space Solutions Limited opened on 22nd May 2024. In the first two days of bidding, the public issue received an overwhelmingly positive response from the primary market investors, indicating a strong potential for the IPO. As per […]
Indusind Bank Share Price Today Live Updates : Indusind Bank’s stock opened at ₹1440.8 and closed at ₹1439.95 on the last trading day. The high for the day was ₹1447.5, while the low was ₹1428. The market capitalization stands at ₹112,188.59 crore. The 52-week high for the stock is ₹1694.35 […]
Asian markets traded higher, while the US stock market closed in the green last week amid key economic data releases. Markets are pricing in a 49.4% chance for a rate cut at the US Federal Reserve’s September meeting, down from 54.8% a week ago, CME’s FedWatch Tool showed. On Friday, […]
Stock Market News: Friday’s intraday trading saw the domestic benchmark indices, the Sensex and Nifty 50, reach record highs before ending slightly down as a result of profit-booking in the IT, FMCG, and healthcare sectors. Though the markets were supported by fresh inflows of foreign cash and steady prices of crude […]
In the holiday-shortened week ahead on Wall Street, focus of investors will be on the US Federal Reserve’s preferred inflation gauge – the core personal consumption expenditure (PCE) price index, and few major earnings that include Dell, Best Buy, and Costco. The core PCE data has the potential to influence […]
Over the past 3 months, the Indian market has traded cautiously, with the Nifty50 index confined to a narrow range of 1,000pts, between 21,800 and 22,800. However, this week has seen a departure from this trend, as the market comfortably surpassed this range, closed at a new high of 22,952 […]