Latest Updates Around The World
Hindustan Unilever Ltd (HUL) reported quarterly results broadly in line with sales, while margins surprised on the upside, providing some comfort to investors in a challenging consumer environment.Market participants noted that while revenue results met expectations, operating profitability came in stronger than expected, helped by improving trends in key segments and the gradual impact of […]
The Nikkei stock average broke above 58,000 for the first time on Thursday, joining a rare three-way rally with government bonds (JGBs) and the yen as markets digested the fallout from Prime Minister Sanae Takaichi’s historic election victory. The benchmark Nikkei 225 Index rose 0.3% to 57,816.14 after hitting a high of 58,015.08 earlier in […]
Billionaire investor Bill Ackman has told clients that his hedge fund, Pershing Square Capital Management, bought shares in Meta Platforms late last year, betting that the tech company would benefit from the rapid adoption of artificial intelligence, according to information from Reuters.Ackman and his investment team, which returned 21% last year, also announced that the […]
Benchmark indices Sensex and Nifty traded lower on Thursday after a sharp sell-off in IT stocks weighed on market sentiment. Investor caution also increased after stronger-than-expected US jobs data for January dampened hopes for near-term interest rate cuts from the Federal Reserve.The BSE Sensex traded over 400 points lower to the day’s low of 83,817, […]
Gold has had a dream run in the past year, with prices almost doubling. The price rose almost 60% year-on-year in the December quarter. On MCX, gold was recently trading around Rs 1,58,500 per 10 grams. Is Jewelry Demand Slowing as Gold Climbs Higher? And if investors want to buy, should they look at gold […]
Shares of FMCG company Patanjali Foods will begin trading on Thursday after it reported a strong performance for Q3FY26, with consolidated net profit rising 60% year-on-year to Rs 594 crore, compared to Rs 371 crore in the same period a year ago.Operating revenue rose 17% year-on-year to Rs 10,484 crore, compared to Rs 8,997 crore […]
Mumbai: Analysts are divided on recommending retail investors to participate in BHEL’s ₹4,422-crore offer for sale (OFS), with opinions divided between caution on valuation and optimism on the order book. Brokers broadly agree that investors with a medium- to long-term horizon can benefit from bidding on the stock sale. However, short-term investors are unlikely to […]
Mumbai: Foreign investors accelerated their sales in financial services in the second half of January, losing ₹5,402 crore after selling ₹3,190 crore in the first half. For 2025, outflows from the sector stood at ₹14,903 crore. “There are no serious valuation concerns in the financial sector, but private banks did make some gains as PSU […]
FMCG major Patanjali Foods reported a 60% rise in its consolidated net profit for the quarter ended December at Rs 594 crore, compared to Rs 371 crore reported in the previous year period. Operating income from operations showed a growth of 17% at Rs 10,484 crore in Q3FY26, compared to Rs 8,997 crore in the […]
India’s benchmark indices ended subdued in a largely bandwidth-constrained session on Wednesday. The Nifty extended its winning streak to the fourth day in a row, albeit with modest gains, while the BSE Sensex traded slightly lower. The 50-share index closed at 25,953.85, up 18.70 points or 0.07%, while the Sensex fell 40.28 points or 0.05% […]
