Latest Updates Around The World
Shares of Angel One rose as much as 2.2% to the day’s high of Rs 230 on the BSE on Friday after its customer base increased to 36.93 million from 30.58 million in the previous year, registering a growth of 20.8% year-on-year. Gross customer acquisition also increased from 0.49 million to 0.57 million, reflecting a […]
Shares of Tejas Networks rose as much as 15% to hit an intraday high of Rs 503 on the BSE on Monday, marking their fourth straight session of gains. With today’s rally, the stock has seen an impressive 60% increase over the same period.Volumes were strong in today’s session as shares of Rs 7 crore […]
The Nifty IT index closed February about 20% lower, while the tech-heavy Nasdaq fell just 4% in the same month. Experts pointed to structural differences in the composition of the index as a reason for the divergent performance of ETFs benchmarked to the two indices.“The Nasdaq includes hardware, platform and product-led technology companies including AI […]
Gold and silver prices will remain firm tomorrow after US and Israeli attacks on Iran killed the country’s supreme leader, Ayatollah Ali Khamenei. Analysts expect high volatility as heightened geopolitical tensions could push investors to safe havens such as precious metals.Khamenei’s death, confirmed by Iranian state media earlier today, prompted warnings of sharp retaliation from […]
Nifty’s decisive breach of the 200-day SMA at month-end has increased concerns around a possible retest of recent swing lows, indicating that the market’s medium-term support framework is under pressure, said Anand James, Chief Market Strategist at Geojit Investments.However, he notes that momentum oscillators have not yet confirmed a full collapse, indicating that an outright […]
Amid fears that artificial intelligence is just a bubble to be burst, billionaire investor Howard Marks said it is very real and can do a lot of work. However, he is still inconclusive on whether investing in AI will be profitable.“As we do not have full knowledge of the business potential of AI or its […]
Indian stock markets tumbled on Friday, extending losses for the second straight session, as FMCG, auto, real estate and pharmaceutical stocks came under heavy selling pressure. The defeat wiped out over Rs 3.4 lakh crore of investor wealth, bringing the BSE’s total market capitalization down to around Rs 465 lakh crore.Sensex fell over 600 points […]
Foreign investors are returning to Indian shares at the fastest pace in eight months, supported by stabilizing corporate earnings and a US trade deal that improves the outlook for the coming months.Global funds have bought nearly $2.1 billion of local stocks so far in February, putting inflows on track to be the strongest since June. […]
The seasonality in March continues to favor bulls, with Nifty ending the month on a positive note eight times in the last decade. Much of this supershow can be attributed to Foreign Institutional Investors (FIIs), who have been net buyers 70% of the time. They were ably supported by domestic institutional investors (DIIs), who acted […]
Clean Max Enviro Energy Solutions’ Rs 3,100-crore IPO has entered day 2 of bidding, with investor focus divided between steady institutional demand and muted signals from the gray market. The issuance is being closely monitored amid mixed subscription trends and cautious listing expectations.Clean Max Enviro Energy Solutions IPO GMP – Latest DetailsAs of February 24, […]
