Following a weak show in the September quarter, the earnings of the Nifty 50 companies have been revised downwards by 7% over the past six months. This has lowered the estimated earnings growth for FY25 to just 5%, the weakest since FY20. India Inc’s operating profits have grown at just 4% year-on-year (y-o-y) in Q2FY25
GIFT Nifty indicated that Indian equity indices, BSE Sensex and NSE Nifty 50, may see a lower start on Monday as U.S. stocks closed with sharp losses, and Asian markets provided mixed cues. GIFT Nifty ended down by 126.50 points or 0.54% at 24,322 indicating a negative opening for domestic indices NSE Nifty 50 and
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Monday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended down by 126.50 points or 0.54% at 24,322 indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex
Dispelling the impression that there has been a pause in negotiations on free trade agreements, a senior official has said that all meetings are going according to schedule and only in the case of Peru it has been decided to initiate the next round of talks after the finalisation of overall strategy and standard operating
Despite having seen more earnings downgrades and target price cuts in the latest earnings season, the broader market has not seen a bigger correction than the benchmark indices, warranting experts to caution investors of bargain hunting in this segment. The Sensex is down 10% from its record high levels hit in late September. Similarly, the
With the stock market becoming volatile with a downward bias and guidelines in the derivatives market getting tighter in the next couple of days, the almost-dead dabba trading seems to have got a new lease of life in the past couple of months. Market experts said that in terms of volumes, dabba trading is likely
It’s a holiday shortened week but packed with action for the markets. Most importantly the markets will remain shut on November 20 on account of Assembly elections in Maharashtra. The markets have been under pressure and investors will closely watch domestic events and global developments For cues ahead. The key factors to watch next week
Mercedes-Benz has announced a price increase for all models across its lineup in India from 1 January 2025. The German marque has declared a price hike of up to 3 percent although it is yet to be clarified if this hike will be uniform across the entire range. Mercedes-Benz price hike details As per the
Gold prices have reached an unprecedented milestone, surpassing $3,000 an ounce for the first time in history. This surge is largely fuelled by a vigorous buying spree by global central banks, states Bloomberg. Since Russia’s 2022 invasion of Ukraine, central banks have increasingly turned to gold to diversify reserves and reduce dependency on the US
Gold pierced through the psychological milestone of $3,000 an ounce on Friday for the first time, building on an historic rally as trade tensions and U.S. rate cut bets supercharge its appeal as a safe haven asset. Spot gold was up 0.4% at $3,000.39 an ounce at 1031 GMT. Prices have scaled 13 all-time highs
Asia shares rose on Friday and global markets attempted a rebound after a brutal selloff earlier in the week, while gold reached a record as the latest escalation of global trade tensions left nervous investors seeking safe-haven assets. Relief over the likely aversion of a US government shutdown boosted stocks in Asian trade, after Senate
When it comes to amassing vast wealth, the general perception is that billionaires are just lucky. But the reality is different. Billionaires invest very wisely to grow their wealth. Their strategies are so effective that not only do they increase their wealth, but they also do not have to pay much tax. Let’s know what
After a brief lull in big-ticket IPOs, the Indian stock market is gearing up for another major listing – this time from a household name in consumer electronics. After Hyundai Motors India made waves last year, another South Korean giant, LG Electronics India, is ready to debut on the Indian stock exchanges. The consumer electronics
