How to trade eClerx, Piramal Pharma, Deepak Fertilizer in next session
Indian market closed in the green for the second consecutive day in a row on Wednesday tracking positive global cues. The BSE Sensex index rose more than 900 points to close above 80,300 levels while Nifty50 reclaimed 24,400 levels.
Bitcoin at record high above $75,000 is good news for Nifty bulls also. Here’s why
As Donald Trump inches closer to victory in the US presidential election, Bitcoin prices surged past $75,000, signaling a risk-on sentiment in the market. This surge coincided with a correction in the Indian stock market, with the MSCI India ETF dropping over 8%.
HZL OFS attracts bids worth Rs 3,400 cr from institutional investors, govt to exercise greenshoe option
The government’s offer-for-sale for more than 4.75 crore Hindustan Zinc Ltd (HZL) shares to institutional investors over-subscribed on Wednesday, with institutional buyers putting bids worth close to Rs 3,400 crore. On the first day of the two-day OFS, bids came in for over 6.69 crore shares, which is 1.41 times the total of 4.75 crore […]
Tech View: Nifty forms long bull candle for 2nd day. How to trade on Thursday
Nifty’s short-term trend remains positive, with a strong breakout above the immediate resistance at 24,500 potentially paving the way for a quick move towards the 25,000 mark. Immediate support is positioned at 24,350, according to Nagaraj Shetti of HDFC Securities.
What will Trump’s win mean for Indian investors? Vinod Karki answers
It is not as if everyone will get impacted because there will be shifting channels, because he wants to put more tariffs towards China and some other countries, so some other countries might benefit. But overall, it has an impact on companies which are exposed to global trade, while higher interest rates might help financial […]
Titan MD on falling profits, lab grown diamonds & shifting trends
Titan Company experienced a 15% profit decline in Q2. The company attributes this to losses from a customs duty drop on gold. Despite this, Titan saw strong sales growth in its jewellery and watches segments. The company remains optimistic about the future, particularly the upcoming festive season. Titan is also closely watching the lab-grown diamond […]
Trump win may boost market in short-term but will bring long-term volatility: Punita Kumar Sinha
I think geopolitics, the landscape could change rapidly. There could be escalations in certain countries, by certain countries. So, I do expect some volatility until we have total clarity.
Raymond Lifestyle Q2 Results: Profit slides 70% YoY to Rs 42 crore
Raymond Lifestyle witnessed a significant 69.72% drop in its consolidated net profit for Q2 FY’25, reaching Rs 42.18 crore. This decline is attributed to subdued demand and inflationary pressures. Despite this, the company remains optimistic about the future, citing recent positive trends in the festive and wedding season and plans for retail expansion and new […]
Waaree Energies becomes Rs 1 lakh crore company as shares jump 49% in 1 week
Waaree Energies’ shares soared to a record high after its impressive market debut, pushing its valuation beyond Rs 1 lakh crore. The solar panel manufacturer’s IPO witnessed unprecedented demand, setting a new record in India. The company’s robust financial performance, expansion plans, and favorable industry outlook are attracting investors.
Trump presidency to be disruptive for rest of the world as he will try to re-shore & re-industrialise US: Arnab Das
Global Macro Strategist Arnab Das analyzes the potential market impacts of the upcoming US election. Das suggests that a Trump presidency would bring disruption through protectionist policies, while a Harris administration would likely follow similar policies but with a more multilateral approach. The impact on China relations and the ‘China plus one’ strategy are also […]