Shares of Indian metal companies, particularly steel stocks, took a sharp hit in trades on Monday after the US President Donald Trump threatened a 25 per cent tariff on steel and aluminium imports, as early as Monday. Speaking to reporters on Sunday, Trump said that the levied tariffs would cover “everybody”, without specifying when the…
Stock Market Crash, Stock Markets Today: India stock markets extended their decline into fourth straight day on Monday, February 10, 2025. The BSE Sensex today fell 753 points or around 1 per cent to hit a low of 77,106 level. The Nifty50 index, too, dropped 244 points to a low of 23,316 level. The BSE Sensex eventually…
Sensex Nifty Today: It was widely anticipated that the RBI will deliver a rate cut and, hence, the market has not reacted much to the rate cut, said an analyst. Benchmark indices Sensex and Nifty were flat in Friday’s trade, with ITC Ltd, Reliance Industries Ltd and a few rate sensitive banking and financial names…
For oil & gas sector, January’s $182 million outflows marked the fifth consecutive month of selling. For automobile sector, it was the sixth straight month of FII selloff at $672 million. In its latest strategy note, JM Financial noted that foreign institutional investor (FII) ownership as a percentage of total Indian equities slipped further…
The consortium of investors includes the investment arm of Azim Premji, Claypond Capital – the investment office of Dr Ranjan Pai, as well as funds managed by 360 ONE Asset. The funds raised will fuel Akasa Air’s path to becoming one of the top 30 airlines in the world by the end of this decade,…
Eternal will comprise four major businesses (as of now) – Zomato, Blinkit, District, and Hyperpure. The stock symbol will also change from Zomato to Eternal. I feel we are there. We would like to rename Zomato Ltd., the company (not the brand/app), to Eternal Ltd, said Deepinder Goyal. Food tech major Zomato has changed its name…
Domestic brokerage firm Axis Securities has chalked out as many as 16 stocks including Trent, SBI, HDFC Bank, HCL Tech, Lupin and more for the month of February 2025. Domestic brokerage firm Axis Securities has chalked out as many as 16 stocks for the month of February 2025. The brokerage claims that its basket…
Swiggy Q3: Consolidated net loss widened to Rs 799.08 during the December 2024 quarter (Q3 FY25) as against Rs 574.38 crore in the year-ago period. Swiggy Ltd, online food and delivery platform, on Wednesday posted a wider consolidated net loss of Rs 799.08 during the December 2024 quarter (Q3 FY25) as against Rs 574.38…
Technical charts suggest the BSE Sensex can potentially surge to 80,600; while, the Nifty MidCap and SmallCap indices can rally up to 5 per cent from present levels. The NSE Nifty 50 index hit high of 23,632, and a low of 23,318 in intra-day trades on Saturday, February 01, 2025 in a special trading…
The 30-share BSE Sensex pack surged more than 1,400 points to hit above 78,600 level, while the broader NSE Nifty index moved around 400 points to trade above 23,750. Domestic stocks rose sharply in afternoon deals on Tuesday. The surge was supported by gains in banks, financials, energy, metal and technology stocks. The 30-share…