December 12, 2023 New Delhi, India IREDA Stock Hits Record High with 218% Surge Investors are buzzing as Indian Renewable Energy Development Agency Limited (IREDA) sees an unprecedented surge in its stock price, reaching an all-time high of ₹102.02 per share on the Bombay Stock Exchange (BSE). The remarkable rise of 218% from its ₹32…
November 9, 2023 New Delhi, India Tata Technologies Prepares for Landmark IPO Tata Technologies, a part of the prestigious Tata Group, gears up for its first initial public offering (IPO) in over two decades. The company, renowned for providing engineering services primarily in the auto and aerospace sectors, has drawn significant attention from global financial…
November 7, 2023 New Delhi, India Market Tensions Lead to Slight Price Dips Oil prices experienced a slight decline as concerns over weak oil demand in China took precedence in the market. The world’s second-largest oil consumer, China, plays a pivotal role in influencing global oil prices, and investors are closely eyeing key economic data…
November 7, 2023 New Delhi, India Upcoming Q2 Results The market gears up for a wave of Q2 earnings releases from a variety of significant companies across different sectors. Market Expectations Anticipation looms as Power Grid Corporation of India, Shree Cement, and others prepare to unveil their Q2 earnings. The market opens with a modest…
Synopsis: The FOMC’s latest statement remained remarkably consistent, with Federal Reserve officials maintaining their key interest rate within the 5.25% to 5.5% range, while subtly acknowledging the possibility of further rate increases. They also subtly acknowledged the tightening of financial conditions. In line with expectations, Powell refrained from definitively ruling out potential future rate hikes….
New Delhi, India September 13, 2023 USD/INR The USD/INR pair closed at 83.01, marking a minimal increase of 0.02% compared to the previous session’s close of 83.0025. It had a trading range between a high of 83.0350 and a low of 82.9375. The pair opened at 82.9700 and the spot rate ended at 82.9800. Market…
Date- May 27, 2023 Wall Street and European stocks experienced gains on Friday as the White House and congressional Republicans made progress in finalizing a deal on the U.S. debt ceiling. Investors reevaluated their expectations regarding the duration of rising interest rates, leading to an increase in Treasury yields. The MSCI world equity index, which…
Even though Indian markets rose for the ninth straight day on Thursday, the advance was curtailed by a severe selloff in IT companies following significant Q4 earnings. Strong purchasing in the banking and auto sectors would be what freed the Sensex and Nifty 50 from the bears’ hold. Also, optimism for a further RBI repo…
Today’s stock market: Anand Rathi shares caught bulls’ attention and achieved lifetime high of $884.55 per share on NSE in early morning trading on Thursday as a result of impressive Q4 earnings and a 140% final dividend. The board of directors of Anand Rathi Wealth Ltd. approved a final dividend of 7 rupees per equity…
Wednesday was the eighth day in a row that the benchmark indices Sensex and Nifty went up. This was due to continued foreign fund inflows and buying in IT, healthcare, and auto stocks. The BSE Sensex went up 235.05 points, or 0.39 percent, to finish at 60,392.77. During the session, it went up 279.92 points,…
