Latest Updates Around The World
The National Stock Exchange (NSE) faces around 170 million cyber attacks every day, requiring a dedicated team of ‘cyber warriors’ to work round the clock to ensure uninterrupted operations. The NSE recorded the highest ever cyber attacks of Rs 40 crore (400 million) in a single day during ‘Operation Sindoor’, designed as a DDoS simulation. […]
The combined market valuation of eight of the top 10 most valued companies rose by Rs 1,94,148.73 crore last week, with TCS emerging as the biggest gainer, in line with a bullish trend on Dalal Street. Last week, the benchmark BSE rose 1,293.65 points or 1.59 percent. While Reliance Industries, HDFC Bank, Bharti Airtel, Tata […]
Tata Capital Ltd. and LG Electronics India Ltd. will begin trading in Mumbai in the coming days after completing two of the country’s largest initial public offerings this year, with their debut set to test the strength of one of the world’s hottest equity capital markets. Tata Group’s shadow lending unit, which raised 155 billion […]
The earnings season for the September quarter, which started on October 9 when TCS announced its second-quarter earnings, is expected to be modest, with Nifty companies likely to post earnings growth of around 6% year-on-year, according to estimates. The results are now coming thick and fast, with a whopping 212 companies set to announce their […]
Precious metals are likely to continue to see support in the coming months, driven by strong central bank demand, shifts in US monetary policy and supply constraints, said Nilesh Shah, managing director of Kotak AMC. “…for precious metals, there is central bank demand for gold and industrial equipment, plus potential central bank demand for silver. […]
SIP inflows have remained very encouraging despite Nifty’s subdued returns over the past year, reflecting the growing maturity and discipline of retail investors, says Anand Vardarajan of Tata Asset Management. September saw strong SIP momentum even as equity inflows moderated slightly from Rs 33,000 crore in August to around Rs 30,000 crore – a reasonable […]
Avenue Supermarts, which operates retail chain DMart, on Saturday reported 4% growth in second-quarter net profit at Rs 685 crore, compared to Rs 660 crore in the same period a year ago. The profit after tax (PAT) is attributable to the shareholders of the parent company. Revenue from operations stood at Rs 16,676 crore, up […]
The markets traded positively throughout the week as Nifty continued its upward move and remained within a certain range. The index fluctuated in a narrow band of 448.70 points and moved between 24,881.65 and 25,330.75. Despite intra-week volatility, the index managed to post a net gain of 391.10 points, or 1.57%, on a weekly basis. […]
Robert Kiyosaki, personal finance author and “Rich Dad Poor Dad” fame, a perennial bull on gold and silver, has reaffirmed his bullish stance on silver in a recent social media post, calling it and cryptocurrency Ethereum (ETH) “hot, hot, hot.” Kiyosaki, known for his long-standing advocacy of precious metals as a hedge against inflation and […]
More than $19 billion was liquidated from the cryptocurrency market on Friday – the largest single-day wipeout ever – after US President Donald Trump announced a 100% tariff on imports of “all critical software” from China. The shock move sent digital assets into a tailspin, leading to massive sell-offs and liquidations of major tokens. According […]
