Shares of Walmart Inc. on Thursday rose more than 6 per cent after the retailer posted stronger quarterly profit. At 1:02 p.m. EDT, Walmart shares were at $63.51, up $3.68, or 6.15 per cent on the NYSE. Bentonville-based Walmart on Thursday announced better-than-expected earnings for the first quarter as its […]
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Bullish domestic investors and their circumspect foreign counterparts’ contrasting readings of the Lok Sabha polls’ outcome are being reflected in their positions on Nifty derivatives contracts. Retail and HNI (high net-worth) investors—termed ‘client’ by NSE—are confident of a thumping win by the ruling NDA (national democratic alliance) coalition. They have […]
Norway’s central bank announced that its executive board has decided to exclude three companies from its government pension fund over ethical concerns. Norges Bank, which manages the sovereign wealth fund, said in a statement it has decided to exclude India’s Adani Ports and Special Economic Zone, L3Harris Technologies and China’s […]
US stocks were mixed on Thursday, a day after inflation-driven momentum cooled off. On Wednesday, the Dow Jones, S&P 500 and Nasdaq rose to record highs after data showed consumer prices eased in April in the US. At 09:54 a.m. ET, the Dow Jones Industrial Average rose 0.76 points to […]
The portion for Retail Individual Investors (RIIs) got subscribed 2.54 times and that of non-institutional investors received 73% subscription. The qualified institutional buyers (QIBs) fetched 24% subscription, as per BSE data. The Go Digit General Insurance IPO received a tremendous amount of interest from retail investors, and within a few […]
Investor confidence remained high following the company’s strong performance in Q4 and FY24, which was released during Wednesday’s trading hours. The company reported record quarterly and annual profit driven by robust sales and operational excellence. In Q4FY24, the company reported a consolidated revenue of ₹1,558.56 crore, up from ₹1,082.85 crore […]
Stock Market Today: Ashok Leyland share price scaled 52-week highs of ₹207.45 on the NSE on Thursday before closing at ₹206.70 levels. Ashok Leyland share price has gained more than 28% since March Lows. Ashok Leyland share price remains momentum pick of Axis Securities who expects more than 12% gains […]
The Nifty Midcap 50 outperformed the Nifty 50, closing 0.94% higher. However, the Nifty Small Cap 100 underperformed, ending at 16457.45, up by 138.95 points and 0.84% higher. The Nifty 50 has provided the following returns: – In the last 1 week: 2.03% – In the last 1 month: 1.15% […]
Once a penny stock, Rajnish Retail has given multibagger returns in the long term. The stock has skyrocketed 1101 percent in the last one year from ₹7.51 in May 2023 to touch its record high of ₹90.19 in intra-day deals today. In the last 5 years as well, the stock […]
India’s market watchdog has recommended that several regulators oversee trade in cryptocurrencies, documents show, the strongest signal to date that at least some authorities in the country are open to allowing the use of private virtual assets. The position of the Securities and Exchange Board of India (SEBI) contrasts with […]