Latest Updates Around The World
Shares of Tata Motors fell 7% in seven sessions to touch Rs 679.05 on Monday after falling as much as 2% in intraday trade as investors braced for the company’s high-profile demerger. The automaker is separating its commercial and passenger car businesses this week, a move that is expected to “unlock value” for investors but […]
Canara HSBC Life Insurance Company’s initial public offering (IPO) worth Rs 2,517.50 crore entered its second day of bidding on Monday. By the end of Day 1, the issue was only 9% subscribed, while bids were received for 1.51 crore shares out of the total 16.67 crore shares on offer. The gray market premium (GMP) […]
Shares of Waaree Renewable Technologies rose as much as 10% to a day’s high of Rs 1,244 per share on the NSE on Monday, October 13, after the solar company reported that its consolidated net profit more than doubled in the September quarter, boosted by higher revenues and strong project execution. The stock is now […]
Investors keeping an eye on Tata Investment Corporation’s upcoming stock split have just one session left to make the cut. Those who own the shares at the end of trading on Monday will be eligible for the stock split, with the company setting Tuesday, October 14 as the record date. The company has set Tuesday […]
SINGAPORE: The US dollar recovered from a sell-off in early trade on Monday as investors hoped Washington could temper the latest escalation of the trade war with Beijing, while political developments in France and Japan undermined the euro and yen. The dollar index, which measures the greenback’s strength against a basket of six currencies, rose […]
Benchmark Nifty may see further upside potential if bullish momentum pushes the index beyond the 25,450–25,500 levels. Banking and consumer stocks look promising and could offer better opportunities in the near term, analysts said. On the other hand, Nifty is expected to remain above 24,900 this week. PRICE MEHTA EXECUTIVE VICE PRESIDENT – RESEARCH, YES […]
Mumbai: Retail investors are rushing into sovereign gold bonds (SGBs) – a popular government-issued debt instrument denominated in gold – in the secondary market, pushing prices far above gold’s record levels. Last week, individuals paid premiums of up to 32% above the metal’s spot price amid the sharp rise in prices, sparking the buying frenzy. […]
Indian benchmark indices ended the week with a gain of 1.6%, helped by the strength of IT and healthcare stocks. When markets reopen on Monday after the holiday week, a host of key domestic and global triggers are likely to impact sentiment. On Friday, the Nifty closed 103.55 points, or 0.41%, higher at 25,285.35. Commenting […]
Real estate firm Prestige Estates Projects Ltd has launched 620 apartments for sale in Ghaziabad with an estimated turnover of Rs 2,200 crore, as part of its strategy to expand its business amid strong demand for premium properties. In April this year, Bengaluru-based Prestige Estates entered the Delhi-NCR market with the launch of its 62.5-acre […]
Robert Kiyosaki, the outspoken author of Rich Dad Poor Dad, reiterated his long-standing doomsday warning on Sunday, predicting that “the biggest crash in world history” will occur this year and wipe out baby boomer retirements. In a post on “Baby Boom pensions will be wiped out. Many boomers will be homeless or living in their […]
