Tokyo: Japan’s benchmark Nikkei 225 index surged Thursday past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth. The index closed Thursday at 39,098.68, up 2.2%. Its previous record was 38,915.87, set on December 29, 1989. So now it is back to where it was 34 … Read more
Mumbai: India’s benchmark Nifty Monday recorded a fresh closing high, paced by gains in select banks due for higher weightings on a keenly tracked global gauge. Analysts expect further upside for the indices due to attractive valuations in some pockets that have hitherto logged only modest gains in the current rally. The NSE Nifty rose … Read more
Market returns and flows are always a function of earnings growth and the strong show by corporate India so far in the current financial year has made foreign investors fall in love with Dalal Street. Atleast 31 companies that have reported a double-digit earnings growth for three quarters in a row saw consistent rise in … Read more
Mumbai: More than 20 companies have announced bonus share offers within a mere six-week span, bringing the total number of bonus issues for 2024 to 35 thus far. That compares with 90 companies that issued bonus shares in the last calendar year. Experts attribute the surge to burgeoning earnings and a brighter business outlook, while … Read more
Mahindra & Mahindra. Share Price 1765.05 03:59 PM | 15 Feb 2024 108.00(6.52%) Bharat Petroleum Corporation. Share Price 652.75 03:59 PM | 15 Feb 2024 29.11(4.67%) NTPC. Share Price 339.25 03:59 PM | 15 Feb 2024 11.25(3.43%) Oil And Natural Gas Corporation. Share Price 277.30 03:59 PM | 15 Feb 2024 8.45(3.15%) Power Grid Corporation … Read more
US consumer prices rise more than expected in Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected consumer inflation reading pushed back market expectations of imminent interest rate cuts, driving U.S. Treasury yields higher. The Dow Jones Industrial Average posted its biggest one-day percentage drop in nearly 11 months, after a Labor Department report … Read more
Coal India. Share Price 452.35 03:59 PM | 13 Feb 2024 19.56(4.52%) UPL. Share Price 479.10 04:04 PM | 13 Feb 2024 20.71(4.52%) ICICI Bank. Share Price 1019.80 03:59 PM | 13 Feb 2024 23.70(2.38%) Axis Bank. Share Price 1070.75 03:55 PM | 13 Feb 2024 24.05(2.30%) SBI Life Insurance Company. Share Price 1467.60 03:59 … Read more
Nestle India is scheduled to release its earnings for the December quarter later today, and the market is expecting a good set of numbers for the fast moving consumer goods major. Higher volumes and price-led growth, coupled with operating leverage benefits are likely to help the Maggi noodles maker report a healthy double-digit growth in … Read more
“Three rate cuts were not there on the card three months back, now there are three rate cuts. Yields are softening, so there will still be humbug whether it is March or April,” says Sanjiv Bhasin, Director, IIFL Securities.It appears that overnight things have turned amber there in the US, in last sort of trade … Read more
Traders must be cautious while being aggressively bullish on the market this week after the recent swings, said technical analysts. NTPC, Tata Power, TCS, Infosys, Dr Reddy’s, Maruti, Siemens, AB Capital, Exide, Coal India, and BSE could continue to witness strong buying interest, according to technical analysts. SUDEEP SHAH HEAD – TECHNICAL AND DERIVATIVE RESEARCH, … Read more
