On Monday, April 1, Hindustan Aeronautics Ltd (HAL) saw its shares soar by nearly 4%, reaching a new 52-week peak of Rs 3,454.35 each on the BSE. This upward movement followed the revelation that the company had attained its highest-ever revenue from operations, exceeding Rs 29,810 crore for the fiscal year 2024 (FY24).
In a filing to the stock exchanges, the Defence Public Sector U…
Read moreStocks in Focus: GIFT Nifty traded up 32.5 points or 0.17% at 19,217.5, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously on Wednesday, the NSE Nifty 50 dropped 90.45 points or 0.47% to settle at 18,989.15, while the BSE Sensex shed as much as 283.60 points to 63,591.33.
“Investors continued to trade…
Read moreGIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Thursday. Here’s top things to know before market opens.
Stocks in Focus: GIFT Nifty traded up by 122 points or 0.56% at 21,792, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 gained 213.40…
Read moreBy Ajit Mishra
Markets traded mixed and finally settled almost unchanged, taking a pause after 3-weeks of advance. The beginning was upbeat, followed by modest gains in the following sessions however profit taking on Friday engulfed all the gains. Eventually, both the benchmark indices, Nifty and Sensex, settled around the week’s low at 22,519.40 and 74,299.90 levels respe…
Read moreGold prices slipped for the second session in a row on Thursday after the U.S. dollar and Treasury yields inched higher ahead of forthcoming key inflation data, which could clarify the Federal Reserve’s interest rate plan. Investors are bracing for potential surprises that could force the Fed to recalibrate its monetary policy outlook.
The spot gold was down 0.4% trading…
Read moreAs the results season kicks in, the quarterly earnings numbers of several blue-chip firms — such as Infosys and Reliance Industries — along with global trends and trading activity of foreign investors, will determine equity market movement in the holiday-shortened week ahead, according to analysts. The domestic WPI inflation data for June — scheduled to be announced on Monday …
Read moreWall Street’s main indexes gained on Thursday ahead of more commentary from Jerome Powell after the Federal Reserve chair stuck to the script overnight by saying the central bank still expects to cut rates later this year.
Powell said rate reductions will “likely be appropriate” later this year, “if the economy evolves broadly as expected” and once offi…
Read moreFitness company Peloton has paused music and entertainment programs featuring rapper and record executive Sean “Diddy” Combs after disturbing footage surfaced of the star being physically violent.
The decision comes following the release of camera footage from a Los Angeles hotel of Combs physically assaulting and kicking his then-girlfriend Cassie, whose real name is Casandra V…
Read moreAround Sept. 15, the blockchain Ethereum will make a crucial software update known as “the merge,” which will significantly reduce Ethereum’s energy usage and set the stage for the network to become faster and cheaper. (You can read more about the significance of the merge here.)
To learn more about the merge’s importance and its rollout, TIME spoke with Justin Dr…
Read moreAs the year wraps up, several things are clear in an otherwise confusing economic picture: the U.S. economy is slowing, the stock market is surging, most people according to polls believe that inflation remains a severe issue, and the mandarins at the Fed who are responsible for containing inflation are still concerned about inflation. But what is far from clear is whether in its dedication to …
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