Bitcoin reaches $80,000 for first time on optimism over Trump
Bitcoin soared past $80,000, reaching a new all-time high, fueled by expectations of favorable regulations under the new administration. President-elect Trump’s pro-crypto stance and the Republican Party’s strong performance in the election sparked a surge in investor confidence. The potential for a crypto-friendly Congress further boosted the market, with experts pointing to the likelihood of […]
Genpact Q3 Net income rises 13% to $133 million
Genpact, a global professional services firm, reported a 13% rise in net income to $133 million for Q3 2024, driven by a 7% increase in revenue to $1.21 billion. The company forecasts continued revenue growth in the fourth quarter and full year, fueled by client demand for its data, technology, and AI solutions.
Bitcoin on cusp of $80,000 for first time on optimism over Trump
Bitcoin nears $80,000, driven by optimism over Trump’s pro-crypto stance and pro-digital-asset lawmakers in Congress, with strong demand for ETFs and interest-rate cuts boosting cryptocurrency investments.
Breakout Stocks: How to trade CDSL and Page Industries on Monday?
Indian market closed in the red on Friday for the second consecutive day in a row. The BSE Sensex and Nifty50 closed flat with a negative bias.
Ahead of Market: 10 things that will decide stock action on Monday
Indian markets ended in the red due to weak corporate earnings and foreign outflows. Nifty faces consolidation, with bullish momentum in some stocks like Indian Hotels and Page Industries.
Q2 results this week: Hyundai, Nykaa, Vodafone Idea among 2515 companies to announce earnings
Over 2500 companies, including prominent names like ONGC, Hindalco, and Hero MotoCorp, are set to release their second-quarter earnings this week. Early reports suggest muted results, with analysts predicting the slowest growth in over four years due to a marginal 2% rise in Nifty earnings.
Mcap of 6 of top-10 most-valued firms erode Rs 1.55 lakh cr; Reliance biggest laggard
While Reliance Industries, Bharti Airtel, ICICI Bank, ITC, Hindustan Unilever and Life Insurance Corporation of India (LIC) suffered erosion in their market valuation, Tata Consultancy Services (TCS), HDFC Bank, Infosys, and the State Bank of India were the gainers.
Wall Street turns to 2016, while stock market has to live in ‘24
When Trump ran for president in early 2016, US equities were on shaky footing, posting their worst start to a year since the financial crisis with a drop of more than 5% in January. By the time of his inauguration, the S&P 500 was coming off a 9.5% gain in 2016 after ending 2015 in […]