Latest Updates Around The World
Shares of IT giant Infosys are likely to remain in the spotlight today as the record date for the much-awaited Rs 18,000 crore share buyback falls tomorrow, November 14. Investor attention has surged following the announcement, with multiple brokerage firms and research heads offering strategic advice ahead of the deadline.The record date for a repurchase […]
Thomas Cook (India) reported a consolidated net profit of Rs 66.4 crore for the quarter ended September 30, up 2.3% year-on-year. Revenue from operations grew 3.5% YoY from Rs 2,074 crore to Rs 2,004 crore. Mahesh Iyer, MD and CEO Thomas Cook (India) Limited said that while multiple global geopolitical challenges and monsoon-related disruptions hit […]
Rooftop solar manufacturer Fujiyama Power Systems Limited (UTL Solar) on Wednesday raised Rs 247 crore from 15 anchor investors ahead of its initial public offering (IPO), which opens for bids on Thursday. More than 1.08 crore shares have been allotted to these anchor investors at Rs 228 per share. Under this, over 56.66 lakh shares, […]
The Indian market ended higher on Wednesday, with financials and IT stocks leading the Sensex and Nifty, as renewed optimism over a possible trade deal with the US and expectations of an end to the government shutdown in Washington, among other things, boosted investor confidence.The S&P BSE Sensex climbed 0.71% to 84,466.51, up 595.19 points, […]
Zerodha founder and CEO Nithin Kamath has expressed support for market regulator Securities and Exchange Board of India (Sebi)’s warning last week on digital gold. Calling it a timely reminder from the securities watchdog, Kamath explained how investors face losses the moment they decide to buy it.Kamath said digital gold is an inefficient way to […]
Wall Street’s major indexes rose on Wednesday, with the Dow Jones at a record high, as investors cheered the likely end of the longest US government shutdown and positive earnings prospects from Advanced Micro Devices revived optimism around AI.AMD advanced 8.2% after the chip designer said it expects annual data center chip revenues to reach […]
Euro zone governments will need to refine their borrowing because of the uncertainties facing their bond markets, but strong demand from foreign investors is helping, debt management officials said on Wednesday.“The biggest challenge is that there is no clear direction for interest rates in 2026,” Rocio Trueba Miralles, deputy head of financing and debt management […]
Hello and welcome to ET Market Watch, I am Neha Vashishth. Let’s get to the main market highlights:Indian shares closed higher on Wednesday, with financials and IT stocks leading the way. Optimism about a possible US-India trade deal and expectations of an end to the US government shutdown boosted investor sentiment. The Sensex climbed 595 […]
Tata Steel on Wednesday reported a 272% rise in second-quarter consolidated net profit at Rs 3,102 crore, compared to Rs 833 crore in the same period a year ago. The profit after tax (PAT) is attributable to the owners of the company. The company’s operating revenue in the quarter under review stood at Rs 58,689 […]
The Indian rupee fell on Wednesday, pressured by demand for the dollar from local companies, alongside modest declines among regional peers, as expectations of central bank intervention headed for record low losses.The rupee closed at 88.63 against the US dollar, slightly down from 88.5675 in the previous session. Continued demand for dollars from local importers, […]
