U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial Average to record highs as investors braced for the first Federal Reserve rate cut in 4-1/2 years. The benchmark S&P 500 index touched 5,670.81 earlier in the session, after fresh economic data eased worries of … Read more
Shares of Campus Activewear have surged 24% over the last 5 trading sessions, reaching a new all-time high of Rs 345.10 on the BSE today amid heavy trading volumes. As of 10 a.m. today, 86.5 lakh shares worth Rs 292.64 crore were traded on the NSE, and the stock currently has a market capitalization of … Read more
Ashishkumar Chauhan, MD & CEO, NSE, says the stock exchange has submitted its suggestions on F&O discussion paper, and is in line with what Sebi has asked for. He also explains what the two bulls – one outside and one inside NSE mean. The Statue of NSE Bull at the headquarters of the National Stock … Read more
“We did pick up post results somewhat and would look to add if it corrects more. Then, during the budget time, I had said that a company which we own and which has also done reasonably well, SH Kelkar, which is on the flavours and fragrances side, so they have got a big order, the … Read more
“Mutual fund figures for I think the last month are still to come out, but they should be healthy. So, there are flows into mutual funds, PMS, AIF, etc. So, I think that keeps the market buoyant. On the other hand, we are also seeing huge supply these days, like on a daily basis now … Read more
Shareholder lock-ins worth $21 billion in 38 companies will be lifted between today and November 30. The value pertains to the opening of total locked-in shares but it is important to note that not all of these shares will come for sale as a sizeable portion of these shares are also held by promoters and … Read more
Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expectations that the Federal Reserve will cut interest rates modestly in September. U.S. consumer spending increased solidly in July, suggesting the economy remained strong while prices rose moderately. … Read more
On Thursday, shares of Reliance group companies TV18 Broadcast and Network18 Media and Investments surged up to 13% to their respective day’s high of Rs 54.26 and Rs 106 on BSE after the Competition Commission of India (CCI) approved the merger between Reliance Industries-promoted Viacom18 and Walt Disney-owned Star India. The shares of TV18 Broadcast … Read more
ET Intelligence Group : For those amazed at the overwhelming 400-times oversubscription of the ₹12-crore SME IPO of Resourceful Automobile, a two-wheeler dealer with just two Yamaha showrooms and eight employees, such oversubscription is no longer considered an exception in the Indian primary market. Data sourced from Prime Database show that 152 SME IPOs have … Read more
Stocks in Asia opened lower following a sluggish day on Wall Street, as traders look to Nvidia Corp.’s results for clues on whether the artificial-intelligence euphoria that’s powered the bull market has more room to run. Equity benchmarks in Japan and Australia edged down Wednesday, while contracts for US shares were also lower. With the … Read more
