Dalal Street kicked off Tuesday on a jittery note, with the Sensex plunging over 900 points within minutes of opening before staging a brief rebound, only to tumble again. By 10:30 am, the index had crashed more than 1,000 points, while the Nifty slipped nearly 1 percent, reflecting the wild intraday swings that have followed … Read more
Karachi: The Pakistan Stock Exchange (PSX) saw an unexpected and massive rise on Monday morning. In just 40 minutes after opening, the benchmark KSE-100 index rose by 9,920 points, reaching 117,104 points. This was an 8.4 percent jump-one of the biggest ever. Investors Rush to Buy Stocks Investor activity was very high. People rushed to buy … Read more
NEW DELHI: The Indian stock market , including the National Stock Exchange (NSE) and the BSE faced strong selling pressure in recent sessions due to geopolitical uncertainty. Amid rising India-Pakistan tensions, investors have been wondering if the stock market will be open on May 12, the day Buddha Purnima is celebrated nationwide. The good news: … Read more
Everyone wants to grow their money, but knowing where to invest can be confusing. By following a few simple steps, you can make smart choices and get better returns on your money. Set Clear Goals Decide what you are saving for. It could be a house, retirement, or education. Knowing your goal helps you pick … Read more
Foreign portfolio investors (FPIs) recorded a net inflow of Rs 42.2 billion, witnessing a decline from Rs 62.71 billion in March, according to the data compiled by IDBI Capital. The FPIs inflow in financial services also dipped as in April, the sector attracted Rs 184.1 billion, compared to Rs 197 billion inflow in March. Media … Read more
New Delhi: The government will hold pre-emption rights over all oil and natural gas produced in the country in any event of national emergency, according to draft rules being framed under a revamped oilfields legislation. A pre-emption right (or preemptive right) is the legal right of a party – often a government or existing shareholder – … Read more
Mumbai: The Indian stock market outlook for next week will be guided by several domestic and international cues such as retail inflation, quarterly results, US jobless claims data and others. Next week, companies like SMC Global, Bajaj Electricals, JM Financial, Raymond, Tata Steel, UPL, AB Capital, Bharti Airtel, Cipla, Hero MotoCorp, Tata Motors, HAL, Tata … Read more
will announce its Q4FY25 earnings on Monday, May 12, 2025, and it is expected to report a net profit fall of 18%-46% on a year-on-year basis, according to estimates given by four brokerages. The bottom line range is seen between Rs 459 crore and Rs 1,399 crore. The revenue is also expected to take a … Read more
Saudi Arabia’s oil giant, Aramco, has reported a 4.6% decline in its first-quarter profits, weighed down by falling global oil prices, which have pressurised the country’s ambitious multi-trillion-dollar development plans. The company posted $26 billion in net profit for the quarter ending March against the $27.2 billion earned during the same period last year. However, … Read more
New Delhi [India]: India has topped the global charts in both manufacturing and services activity, according to the Purchasing Managers’ Index (PMI) data in report released by J.P. Morgan. The report data highlighted that for April 2025, India’s manufacturing PMI stood at 58.2, while its services PMI came in at 58.7. These are the highest … Read more