Latest Updates Around The World
Shares of Japan’s Kansai Electric Power Co rose 5% in Tokyo on Friday, outperforming the broader market, after the country’s largest nuclear power company raised its profit forecast and promised generous shareholder returns. Kansai, in which U.S. activist investor Elliott became a major minority shareholder last month, raised its annual profit forecast 22% to 360 […]
At what appears to be a key moment in the ongoing US-China trade dynamic, the latest meeting between President Donald Trump and President Xi Jinping has marked a pause – if not a breakthrough – in years of escalating tensions. While the contrasting styles of the two leaders were clearly visible – “Xi’s calm, predictable […]
Markets regulator Securities and Exchange Board of India (SEBI) has imposed a cap on the weightings of top constituents in non-benchmark indices such as Bank Nifty, with an aim to reduce concentration risk and ensure broader market representation. Under the revised framework, the weight of the top stocks should not exceed 20%, while the combined […]
The seasonality of the market in November is evenly split between the bulls and bears, with Nifty ending higher in five of the last ten years and falling in the other five years. Despite the mixed record, the index delivered an average positive return of 1.6% over the month. Despite mixed action for India’s pulse […]
Investors following BEML should note that today, Friday, October 31, 2025, is the last day to purchase shares of the company to qualify for the upcoming stock split. BEML shares will begin trading ex-split from Monday, November 3, based on the record date announced by the company. “We would like to inform you that in […]
U.S. stock index futures rose after strong earnings from Amazon.com Inc. and Apple Inc. fueled a post-market tech rally, lifting sentiment after a sharp sell-off in the previous session. Contracts for the S&P 500 rose 0.5% and those for the Nasdaq 100 rose 1% after the underlying indices fell on Thursday. Shares of Apple rose […]
Mumbai: Indian stock indices fell more than half a percent on Thursday as the US Federal Reserve’s cautious outlook on interest rate cuts for the rest of the year dampened investor sentiment. The NSE Nifty ended at 25,877.85, down 0.7%, or 176.05 points. The BSE Sensex ended at 84,404.46, down 0.7% or 592.67 points. The […]
Eyewear retailer Lenskart Solutions has raised Rs 3,268.36 crore from 147 anchor investors ahead of its much-awaited IPO, which opens for subscription on October 31 and closes on November 4. The company has allotted 8.13 crore equity shares at the high end of the price band – Rs 402 per share (face value Rs 2 […]
The Indian market ended lower on Thursday, with Sensex and Nifty falling after the US Federal Reserve’s latest interest rate decision and chairman Jerome Powell’s cautious comments spooked global investors. The S&P BSE Sensex fell 592.67 points, or 0.70%, to close at 84,404.46, while the NSE Nifty 50 fell 176.05 points, or 0.68%, to end […]
The makers of popular liquor brands Magic Moments vodka and 8PM whisky, Radico Khaitan, are campaigning for more states to adopt excise policies like that of Uttar Pradesh to simplify business and give consumers the option of a single store to choose from, managing director Abhishek Khaitan said. Addressing analysts on the earnings call, Khaitan […]
