French stocks outperformed on Thursday, boosting the broader market, as polls showed Marine Le Pen’s National Rally and its allies would fall well short of an absolute majority in Sunday’s French parliamentary election. The CAC 40 Index rose 0.8% by the close as Ifop said the far-right group was on course to […]
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French stocks outperformed on Thursday again, boosting the broader market as Morgan Stanley recommended investors to buy the country’s stocks ahead of the second round of elections. The Stoxx 600 index was up 0.4% as of 8:19 a.m. in London, with banks leading the charge. UK’s index FTSE 100 was […]
Oil held steady near a two-month high as signs of weaker demand in Asia vied with a decline in US crude stockpiles. West Texas Intermediate was little changed at just under $84 a barrel after closing at the highest settlement price since mid-April on Wednesday. Brent crude also traded relatively […]
International crude oil prices of Brent hit their highest level since April 2024 on Thursday, July 4, holding above the $87/barrel-mark after industry data showed a decline in US inventories. The surge in crude prices followed a larger-than-expected decline in US crude stocks after the US Energy Information Administration (EIA) […]
International crude oil prices for the Brent crude benchmark hit their highest level since April 2024 on Thursday, July 4, holding above the $87/barrel-mark after industry data showed a decline in US inventories. The surge in crude prices followed a larger-than-expected decline in US crude stocks after the US Energy […]
Budget 2024: The crypto industry expects Finance Minister Nirmala Sitharman to announce several favourable measures in the upcoming Union Budget, including a reduction in transaction taxes, the ability to offset losses, the equal treatment of capital gains from crypto assets and other income sources, and the establishment of a supportive […]
SAR Televenture Limited, the telecommunication infrastructure provider, has set the price band for its follow-on public offer (FPO) at ₹200 to ₹210 per equity share, according to a press release issued by the company on Thursday, July 4. The rights issue is scheduled to open for subscription on July 15 […]
The 30-share BSE Sensex is hovering above the Mount 80,000-mark, which the index first achieved on July 3, fuelled by its fastest-ever 10,000-point bullish rally in a record 58 sessions. The top 10 best-performing Sensex gainers reported a sharp surge of 15-75 per cent in their stock prices during the […]
The Bansal Wire Industries initial public offerings (IPO) opened for subscription on July 3. The issue has so far been subscribed over 5.73 times on the second day of bidding. The retail portion, which was booked 6.19 times, received overwhelming response from the investors on July 4. Meanwhile, non-institutional investors […]
Fast-moving consumer goods (FMCG) stocks have largely underperformed so far in 2024 due to weak base rural demand, adverse weather conditions, and lower agri-production growth. High commodity prices have also played a spoilsport for the sector dependent on raw materials–either manufactured domestically or imported. Coming to equities, FMCG majors Hindustan […]