Latest Updates Around The World
Public sector banks are positioned for a significant revaluation from current valuations from 1x book value to 1.5x book value, driven by strong earnings growth and an unprecedented opportunity to monetize real estate investments through REITs, said Deepak Shenoy, founder and CEO of Capitalmind. In an exclusive conversation with ET Now, Shenoy outlined how PSU […]
Shares of Navin Fluorine International Ltd will begin trading on Tuesday, February 10, after the company reported a robust set of numbers for the December quarter of its 2026 financial year. Net profit rose to Rs 185.4 crore in the quarter, an impressive 122% increase from Rs 83.6 crore in the corresponding period last year.Operating […]
Indian stock markets traded cautiously positive on Monday with benchmark indices opening higher after the announcement of an interim framework for the India-US trade deal. Analysts say the market appears to be in a phase of gradual recovery and consolidation, with near-term direction likely to be determined by global macro developments, currency movements and the […]
Americans were less concerned in January about the path of inflation and near-term hiring, a report from the Federal Reserve Bank of New York said Monday. As part of its latest Survey of Consumer Expectations, the bank said one-year inflation expectations stood at 3.1% in January, up from 3.4% in December, while three- and five-year […]
Top investor Mukul Agrawal on Monday bought 20 lakh shares each in two small companies Tracxn Technologies and Laxmi India Finance through separate bulk deals. The deals were valued at Rs 6.6 crore and Rs 18.51 crore respectively. Bulk deal from Tracxn Technologies The shares were bought at a price of Rs 33 per share, […]
Indian benchmark indices closed higher for the second straight session on Monday, supported by broad buying across sectors, with financials, auto and consumer stocks leading the gains. The Nifty settled at 25,867.30, up 173.60 points, or 0.68%, while the BSE Sensex rose 485.35 points, or 0.58%, to end at 84,065.75.Meanwhile, the volatility gauge India VIX […]
Sebi on Monday proposed a sharp reduction in the minimum investment required from individual investors in social impact funds to Rs 1,000 from the existing Rs 2 lakh, in a move aimed at widening the participation of individuals and facilitating fundraising for non-profit organizations (NPOs) on the Social Stock Exchange (SSE).In its consultation paper, Sebi […]
Eli Lilly will buy Orna Therapeutics for up to $2.4 billion in cash, giving it access to a technology that allows patients’ own cells to generate therapies in the body without having to be extracted.The deal, announced on Monday, is the latest in a series of transactions the US drugmaker has signed in recent months […]
Britain’s financial regulator wants to publish all trading data for London-listed shares in a bid to tackle under-reporting of market liquidity that has prompted some companies to move their listings to the United States, the watchdog said on Monday.The Financial Conduct Authority’s interim market director Simon Walls told the Financial Times in a story published […]
Alphabet is looking to raise about $15 billion from the sale of high-quality U.S. bonds, Bloomberg News reported Monday, citing people with knowledge of the matter.Tech companies are turning to selling tens of billions of dollars worth of debt to finance infrastructure expansions as demand for artificial intelligence workloads increases. Cloud computing companies known as […]
