Latest Updates Around The World
Market strategist Rohit Srivastava, founder of Strike Money Analytics and Indiacharts, believes the market’s festive momentum will continue. After months of consolidation, he said the Nifty is gearing up for a strong breakout, supported by improving earnings, policy tailwinds and positive technical cues. “We are holding on to these gains because all the bad news […]
HDFC Life Insurance Company on Wednesday reported 3% year-on-year growth in consolidated net profit in the second quarter at Rs 448 crore, compared to Rs 435 crore in the same period a year ago. The company reported a 14% increase in its net premium income (NPI) for the reported quarter at Rs 18,871 crore, compared […]
Shares of SKF India appeared to have fallen over 54% in a single session on Wednesday, October 15, as the stock opened at Rs 2,395.85 on the BSE today after closing the previous session at Rs 5,010.75. This share price decline was in response to the adjustment to the split of the automotive activities from […]
Motilal Oswal’s latest long-term outlook for silver highlights an unprecedented rally for the metal, with domestic prices expected to reach Rs 2.40 lakh by end-2026, due to structural supply shortages and rising demand for green technologies such as solar energy and electric vehicles. According to the report, the current silver price rally is fundamentally underpinned […]
The much-awaited demerger of Tata Motors has put the spotlight on its recently demerged commercial vehicle business, valued at around Rs 260.75 per share. This estimate is based on the pre-split closing price of Rs 660.75 and the post-split opening level of Rs 400 for the parent company, now renamed Tata Motors Passenger Vehicles Ltd […]
After a year of subdued returns, legendary fund manager Prashant Jain, founder and CIO of 3P Investment Managers, believes the market’s calm phase is not a setback but a preparation for the next phase of growth. “Stocks transfer wealth from the impatient to the patient,” Jain said in a special Samvat 2082 conversation with ET […]
The dust has barely settled on the long-awaited demerger of Tata Motors, but investors are now waiting for the next big milestone: the separate listing of the company’s commercial vehicles business. At an implied value of around Rs 260.75 per share, the truck-and-bus unit owns a significant chunk of shareholder wealth that remains temporarily out […]
Midwest, a player that mines and exports natural stones, will open its initial public offering (IPO) worth Rs 451 crore for subscription on October 15. The book-built issue includes a fresh share sale worth Rs 250 crore and an offer for sale (OFS) of Rs 201 crore by existing shareholders. The IPO will be completed […]
Asian shares recovered after three days of losses as optimism over a possible Federal Reserve rate cut improved sentiment and offset renewed trade tensions between the US and China. Stocks in Japan, South Korea and Australia all rose at the open after Fed Chairman Jerome Powell’s concerns about a weakening labor market boosted investor expectations […]
Mumbai: A rush to buy stock market debutant LG Electronics India at the opening of trading on Tuesday appears to have led to a funny twist. As investors rushed to buy LG early to cash in on the listing, some accidentally ended up buying shares of a namesake company: LG Balakrishnan and Bros, a Coimbatore-based […]
