Mumbai: Weak global cues snapped the Indian benchmark indices’ five-day climbing streak on Friday, accompanied by fear gauge India Vix rising the most in almost two months, leading to Indian investors turning poorer by ₹4.78 trillion. Displaying signs of rising investor uncertainty amid increasing recessionary fears in the US and […]
BSE
Zomato share price surged nearly 10 per cent in morning trade on Friday, August 2, to hit a fresh all-time high of ₹256.80, a day after the company reported its April-June quarter (Q1FY25) results. The stock opened 5 per cent higher at ₹244 apiece on the BSE. As Mint reported […]
Indian stock market: Market benchmarks, the Sensex and the Nifty 50, reached new closing highs, marking their fifth consecutive day of gains. The Sensex set a new all-time high of 82,129.49, while the Nifty 50 hit a new peak of 25,078.30 during the session. “Nifty index opened positive above 25k […]
Financial services company Capital Group on Wednesday offloaded 4.3 per cent stake in cash logistics solutions provider SIS for over ₹258 crore through open market transactions, while Abu Dhabi Investment Authority bought shares in the company. US-based Capital Group, through its two affiliates Smallcap World Fund and American Funds Insurance […]
Axis Securities has initiated coverage on India’s food delivery giant Zomato with a buy call. The target price is pegged at ₹280, implying a 22 per cent upside potential from the stock’s July 31 closing of ₹229.50 on the BSE. Zomato share price closed 1.01 per cent higher on the […]
UltraTech Cement and India Cements: UltraTech Cement’s Board approved the purchase of a 32.72% equity stake in India Cements from its promoters and their associates for ₹3,954 crore at ₹390 per share. This stake sale will trigger a mandatory open offer at ₹390/share, subject to regulatory approvals. The price offered […]
Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on July 26, 2024. From top news to market performance, here’s the market wrap for the week ended July 26, 2024. Top News RBI’s MPC hiked the […]
Finance Minister Nirmala Sitharaman is all set to present the Union Budget for 2024-25 on Tuesday, July 23. The Union Budget has been a key trendsetter for the Indian stock market, with the announcement being associated with market volatility. According to data available from the last ten years, the Indian […]
Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on July 19, 2024. Source link
—Peter Lynch If you are ever depressed by your stock-picking skills, here’s a quick morale booster—even the giants of the game get it wrong sometimes. Case in point: the ‘father of value investing’ himself. In the heady days of the 1920s, an era so exuberant that it was dubbed the […]