Stock market indices Sensex and Nifty took a beating falling over 1 per cent in Thursday’s trade, thus eroding all the gains that they made the previous session on the Trump trade. Stocks fell, as concerns over weak Q2 earnings and high valuations came back to haunt investors. Also, a Trump victory means fewer Fed…
Mumbai: IIFL Securities has projected share price of Adani Enterprises, Dr Reddy’s Laboratories Ltd, Reliance Industries, Vodafone Idea and Titan to gain in the days ahead. While recommending the stocks, the brokerage suggested Support Price, Resistance Level and Day Moving Average (DMA) Price so that the investors have an idea of positioning the Stop Loss and…
India’s GDP growth is expected to decline to 6.5% in the second quarter of FY25 from 6.7% in the first quarter, due to a slowdown in high-frequency indicators, State Bank of India (SBI) economists said in a report. The SBI’s estimate is 50 basis points (bps) lower than the RBI’s projection of 7% for…
THE Indian National Congress is what French scholar Maurice Duverger described in his classic Political Parties as an ‘epochal’ party, that is, it is a part of India’s epoch of independence. However, between December 28, 1885, when 72 all-India delegates gathered in Bombay for the first session, and 2024, when it could return only 99…
President Droupadi Murmu will observe the Indian Navy’s multi-domain operations at sea today aboard the indigenous aircraft carrier INS Vikrant. According to a release from the Ministry of Defence, the President will embark on INS Vikrant to witness naval operations, including surface ship exercises, submarine drills, and air power demonstrations. The operations will…
Shares of Apollo Hospitals surged by over 6% in early trading on Thursday, reaching Rs 7,393.75 on the Bombay Stock Exchange (BSE) after the company reported impressive second-quarter results for the financial year. In Q2FY25, Apollo Hospitals reported a 63% year-on-year (YoY) increase in net profit, reaching Rs 379 crore, mainly driven by growth…
Hindalco’s shares dropped more than 6% in early trading today after its US-based subsidiary, Novelis Inc., reported a decline in net income for the July-September quarter. At 10:25 am, the stock was down 6.50%, trading at Rs 662.20. Novelis, a major aluminium producer, posted an 18% fall in net income, which dropped to $128 million…
India’s economy is expected to face the short-term heat of Donald Trump’s second presidency, with a further weakening of rupee as investors flock to the dollar, a string of imported inflation and a dent to good shipments to the US, analysts feel. Foreign portfolio inflows (FPIs) to the domestic equity markets may slow further,…
Mumbai: The stock prices of Hindustan Zinc, Hindalco and Adani Energy Solutions are in the news on Thursday, November 7. They are recording high search volumes as well. In contrast to the 3 above-mentioned stocks, Waaree Renewables share price rose in early trade. In early trade on November 7, the broader market index on BSE, Sensex…
The members of the erstwhile royal families slammed Congress leader Rahul Gandhi over a write-up in which he presented views on the current business and market scenario- what is being seen as criticism of the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government. Union Minister Jyotiraditya Scindia on Wednesday (November 6) hit out…