Latest Updates Around The World
Domestic gold prices fell by nearly Rs 5,000 per 10 gram on Friday to touch the day’s low of Rs 1,21,895, witnessing one of the sharpest intraday declines. Yellow metal prices took cues from international markets, where they fell by $127 per troy ounce.Silver rates fell sharper by Rs 8,700 per kg as white metal […]
Wall Street’s major indexes fell on Friday as technology stocks came under renewed selling pressure, while hawkish comments from Federal Reserve officials added to doubts about a December interest rate cut.At 9:36 a.m. ET, the Dow Jones Industrial Average fell 568.05 points, or 1.24%, to 46,889.17, the S&P 500 lost 73.29 points, or 1.09%, to […]
Morgan Stanley on Friday bought 40,000 shares worth Rs 10.34 crore in Shaily Engineering Plastics through block deals. The shares were bought through affiliated Morgan Stanley IFSC Fund at a price of Rs 2,585.10 each, a 1% discount to Thursday’s closing price. In the block deals, promoters Amit Mahendra Sanghvi and Laxman Sanghvi have divested […]
LG Electronics India remains optimistic about its growth trajectory despite a difficult quarter marked by unusual weather conditions, geopolitical uncertainties and a temporary sales freeze due to GST restructuring. The company reported revenue growth of 1%, an industry-leading EBITDA margin of 8.9% and a significant increase in market share in TVs, refrigerators and air conditioning.Chief […]
LG Electronics India remains optimistic about its growth trajectory despite a difficult quarter marked by unusual weather conditions, geopolitical uncertainties and a temporary sales freeze due to GST restructuring. The company reported revenue growth of 1%, an industry-leading EBITDA margin of 8.9% and a significant increase in market share in TVs, refrigerators and air conditioning.Chief […]
Institutional investors are showing renewed confidence in India’s largest public sector lender State Bank of India (SBI) as both foreign and domestic players increase their bets amid strong earnings momentum and positive analyst outlook.In the September quarter, SBI reported a 10% year-on-year increase in standalone net profit to Rs 20,159 crore, compared to Rs 18,331 […]
Sun TV Networks Ltd on Friday reported a 13.37 per cent decline in consolidated profit after tax (PAT) to Rs 354.69 crore in the September quarter. The company had reported a PAT of Rs 409.45 crore in the year-ago period, according to a BSE filing by Sun TV Network, one of the largest broadcasters. Operating […]
Kotak Mahindra Bank, India’s third-largest private lender by market value, said its board will consider a proposal to split its shares on November 21.“A meeting of the Board of the Bank would be held on November 21 to consider, among other things, a proposal for subdivision (split) of the existing shares of face value of […]
Counting trends from the 2025 Bihar Assembly elections indicate a landslide victory for the National Democratic Alliance (NDA), a development that market participants say could reduce political uncertainty and strengthen expectations of continuity at the state level.Against this backdrop, research firm MarketSmith India has released a detailed report outlining how investors typically react to state […]
India’s growth prospects for 2025 and 2026 remain resilient despite global uncertainty, said Christian de Guzman, Senior Vice President – ​​​​Sovereign & Sub-Sovereign Risk at Moody’s Ratings. Speaking to ET Now, he said the rating agency expects India to grow at around 6.5% annually, but there are clear upsides if tariff tensions finally increase with […]
