SpiceJet shares jump 8% on settling Rs 1,100 crore dispute with lessors
Shares of SpiceJet surged over 8% after settling a significant ₹1,107 crore dispute with lessors for $22.5 million. This follows the airline’s recent resolution of a $16.7 million dispute with Engine Lease Finance Corporation. SpiceJet is now preparing to expand its fleet and improve financial stability.
ETMarkets Smart Talk: China’s stimulus could attract FIIs, but India’s long-term fundamentals stay strong, says Sachin Bajaj
Over the past year, Nifty50 has delivered a robust 30% return, and mid- and small-cap indices have materially outperformed the large-cap during the same period. This strong performance was on the back of a domestic growth story, good visibility of earnings growth, a stable macro-environment, and resilient flows.
5 FMCG stocks Rajat Sharma is bullish on for near term
So, I think that bit of the pie for listed players will expand. Between the two, I would like to recommend and even try to buy Hyundai post listing. I do not really invest in IPOs, it is a big waste of time. But Hyundai, if you get it at a good price, it is […]
Positive Breakout: These 3 Nifty stocks close cross above their 200 DMAs
In the Nifty50 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 8, according to stockedge.com’s technical scan data.
F&O Ban List: SAIL, GNFC among 10 stocks under trade ban on Wednesday
Ten stocks, including Bandhan Bank, Birlasoft, and PNB, are banned from F&O trading due to high open interest exceeding 95% of the market-wide position limits. The ban is reversed if open interest drops below 80%. Indian indices rebounded driven by HDFC Bank and Reliance Industries ahead of RBI policy decisions.
Big movers on D-Street: What should investors do with Trent, Sobha and SpiceJet?
Sensex and Nifty recovered after a six-day slump with major gains in Trent, Sobha, and SpiceJet. Trent’s stock shows potential for further upside, Sobha is seen as a good long-term buy, while SpiceJet is recommended to be avoided due to low trading volumes.
FTSE Russell includes India in EM bond index; traders see flows worth around $4 billion
Government bond yields may fall by up to 5 basis points in the early hours of trade on Wednesday as the prospect of sustained overseas flows is likely to boost market sentiment. However, an hour into trade, bond traders will take fresh cues from the Reserve Bank of India’s policy statement which is scheduled at […]
Dollar steady ahead of Fed minutes, NZ dollar falls after rate cut
The U.S. dollar remained stable, easing pressure on the yen and other major currencies, as investors considered the Fed’s interest rate path. The New Zealand dollar dropped after the RBNZ cut rates by 50 basis points. Upcoming U.S. inflation data will be crucial for the dollar’s trajectory.
Asian stocks advance after tech lifts Wall Street
Shares in Australia and Japan rose as did Hong Kong equity futures following sharp declines on Tuesday. US equity futures dropped after the S&P 500 rose 1% and the tech-heavy Nasdaq 100 advanced 1.6% Tuesday. Chipmakers were among the market leaders with Nvidia Corp. extending a five-day rally to 14%.
Sebi calls for stricter review of AIF investors
At present, AIFs have been designated as qualified institutional buyers(QIB) and can avail certain benefits under Sebi rules. On Tuesday, Sebi said AIFs should not facilitate investors who are ineligible for QIB status on their own from availing the benefits.