Latest Updates Around The World
Indian solar stocks have been under pressure lately due to oversupply and surplus concerns. To add to this, a new trade move by the United States has added to the uncertainty. Over the past six months, Waaree Energies shares are down about 15%, while Premier Energies is down about 14%. Websol Energy, on the other […]
Shares of solar energy companies rose in trading on Thursday as brokers dismissed concerns after the US imposed a provisional 126% tariff on solar energy, citing multiple reasons.Shares of Waaree Energies rose over 2% to trade at Rs 2,764.5 per piece, while shares of Premier Energies rose around 2% in morning trade on Thursday to […]
ET Intelligence Group: The imposition of countervailing duties (CVD) by the US Department of Commerce on solar panels from India will not only impact exporters but also companies targeting the domestic market. With the viability of shipments to the US uncertain due to a CVD of 125.87%, exporters are likely to shift unsold inventory to […]
Shares of Waaree Energies fell as much as 2.7% on Tuesday, extending a brutal sell-off to a ninth straight session and dragging the stock down nearly 15% in just over a week, while weak technical cues continued to weigh on investor sentiment despite a recent capital raise at the energy storage arm.The stock fell to […]
The Indian market went on a three-day losing streak on Thursday with the Sensex and Nifty staging a broad recovery after the US Federal Reserve implemented a 25 basis point interest rate cut overnight. The recovery came at the same time as the rupee weakened to a new low amid growing concerns over the lack […]
The Indian market ended higher on Friday, with the Sensex and Nifty reversing an early lull, as financial and auto stocks – which are typically sensitive to interest rate moves – led the advance after the Reserve Bank of India cut policy rates by 25 basis points.The S&P BSE Sensex climbed 447 points, or 0.52%, […]
According to Dipan Mehta, director of Elixir Equities, the Securities and Exchange Board of India’s (SEBI) proposal to revise mutual fund fee rules to reduce costs for investors is unlikely to have a material impact on mutual funds or brokers. Speaking to ET Now, Mehta said the changes appear “marginal” and are mainly aimed at […]
