Shares of US-based plant-based protein maker Beyond Meat have surged more than 1,300% in just four trading sessions, fueled by a social media frenzy reminiscent of GameStop’s rally. The rally came after a Business Insider report revealed that a trader named Demitri Semenikhin had been actively promoting the stock online, drawing comparisons to Keith Gill, […]
The debut of Midwest, India’s largest producer and exporter of Black Galaxy and Absolute Black granite, will hit the bourses on Friday and the gray market premium (GMP) is currently around 10%, indicating a modest but steady start for the Rs 451 crore IPO. According to market watchers, in the unlisted market, Midwest shares offer […]
Indian capital markets witnessed a remarkable rally on Thursday, with major stocks like BSE and Angel One seeing an upward move of up to 2%, while the Nifty 50 index hovered at 26,080, just below its all-time high of 26,277.35. Shares of BSE rose 1.8% to an intraday high of Rs 2,533.70, while those of […]
Shares of Epack Prefab Technologies are expected to remain in focus on Thursday, October 23, after the company reported a strong set of numbers for the second quarter of 2026, highlighting robust growth across both business sectors. The company posted a 104.2% year-on-year increase in net profit to Rs 29.5 crore, compared to Rs 14.4 […]
Gold and silver futures opened higher on Thursday, bucking global signals and buoyed by investor positioning ahead of key US inflation data. On the Multi Commodity Exchange (MCX), December gold futures rose by Rs 892 or 0.73% to Rs 1,22,749 per 10 gram. Silver continued its upward trajectory with December contracts rising Rs 1,119 or […]
Asian shares opened lower after a volatile session on Wall Street, which saw big losses in stocks and haven investments. Stock benchmarks in Japan and South Korea fell more than 1% in early trading in Asia. The Nasdaq 100 lost 1% after tepid outlook from Texas Instruments Inc. and a 10% slump at Netflix Inc. […]
Muhurat Trading reflected cautious optimism compared to the dovish tone of 2024. The Sensex rose 84,600 points and the Nifty hovered around 25,900 points with most sectors in the green, led by IT, banking, auto and pharmaceutical stocks. The Nifty index is currently trading at a CY26 price-to-earnings ratio of 18x, slightly above the average […]
Shares of Netflix fell more than 10% on Wednesday as the streaming giant’s outlook for the coming quarter left investors stunned despite a strong slate of shows including the final season of “Stranger Things.” Investors have become accustomed to the company’s routine outperformance, which has propelled its shares to gains of more than 360% over […]
British government bond yields fell sharply across maturities on Wednesday as investors counted on unexpectedly stable inflation data to prompt the Bank of England to cut rates at the end of this year. Short-term UK government bond yields hit their lowest levels since the run-up to Secretary of State Rachel Reeves’ first budget in October […]
A Muhurat-to-Muhurat analysis of the stock market performance of India’s top 10 business houses by market capitalization shows that the Bharti Airtel group posted the highest gain of 24.8 in market capitalization during the Samvat 2081, helped by a strong recovery in profitability of the group’s flagship telecom company Bharti Airtel. The Bajaj group led […]