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Stocks in news: Tata Power, Jio Financial Services, Bharat Electronics and Hindustan Copper
Indian stock markets experienced minimal fluctuations on Wednesday, resulting in a lower close for the Nifty50. Although technical signals point to potential bearish trends, the overall outlook stays optimistic. Focus i...
US stocks today: US stocks end near flat as hot inflation data clouds Fed rate outlook
Wall Street ended nearly flat as hotter-than-expected US inflation complicated the Federal Reserve’s interest-rate outlook. Investors turned cautious while resilient economic growth offered some support. Markets are als...
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian equities reversed morning gains to close sharply lower, with Sensex falling 183 points and Nifty declining 0.52%. IT stocks weakened on visa concerns, offsetting gains in banks and metals. Technical signals point...
US stocks today: US stocks subdued as hot inflation lifts rate hike bets ahead of Nvidia results
US stocks traded flat as investors awaited Nvidia's earnings and assessed hotter-than-expected inflation data. July inflation rose 3.7%, lifting bets on a September Fed rate hike. The Dow slipped 0.04%, while the S&P 50...
ICICI Prudential AMC shares: Prudential Corporation to divest up to 2% equity, stock up 49% from IPO price
ICICI Prudential AMC promoter Prudential Corporation Holdings plans to sell up to 2% stake through open-market transactions from August 27 to meet minimum public shareholding requirements. Promoter holding will fall to...
Market wrap: Kotak Bank, Power Grid among top gainers and losers on Nifty and Sensex on Wednesday
Indian equities ended lower on Wednesday as sectoral divergence weighed on benchmarks. Nifty fell 0.52% and Sensex 0.24%, while broader markets were mixed. Banks and metals gained, but telecom, IT and infrastructure sto...
Sensex falls 183 points, Nifty closes below 24,250 as market erases all morning gains. What lies ahead?
The Indian stock markets experienced a shift, dropping from earlier gains with both Sensex and Nifty closing lower. Key decliners included Infosys, Bharti Airtel, and L&T. Meanwhile, Kotak Mahindra Bank's shares surged...
Four regional Fed banks backed rate hike ahead of July decision, minutes show
Four regional Federal Reserve banks backed a 25-basis-point increase in the discount rate ahead of the July policy meeting, minutes showed. The recommendations highlight divisions within the Fed system as policymakers w...
Options turnover sinks at Dalal Street's top exchange preparing for IPO
India's stock exchange has seen options turnover plummet to its lowest in a year, a direct consequence of newly enforced trading regulations and the adoption of a closing auction system. Cash equities trading has also d...
Global Market: China, Hong Kong stocks rise as AI rebound boosts investor sentiment
On Wednesday, stocks in China and Hong Kong surged, reflecting a favourable global market environment. Technology and artificial intelligence supply-chain companies attracted significant investor interest. Alibaba share...
Welspun Corp shares drop 6% after CEO, promoter group likely sell stake worth Rs 1,433 crore via block deal
Welspun Corp shares fell sharply on Wednesday after 63 lakh shares worth Rs 1,433 crore changed hands in a block deal. Promoter group entity Welspun Investments and Commercials and CEO Vipul Mathur were likely sellers....
Cyient shares rocket 8% after investor day, but brokerages see up to 24% downside. Here’s why
Cyient shares jumped 8% after the IT services company outlined its growth and margin roadmap at its investor day. Management is targeting double-digit revenue growth and EBIT margins above 15% in the near term, while br...