Small-cap stocks under ₹100: Following the hawkish US Fed outlook on the interest rate cut and FIIs’ selling, the Indian stock market snapped its four-week winning streak. The key benchmark indices erased their four-week gains in the week gone by. The Nifty 50 index slipped from 24,768 to 23,587, logging a weekly loss of 1,181…
Last Updated:December 20, 2024, 15:56 IST D-Mart’s financial figures are impressive, with its total income and net profit substantially outperforming those of Vishal Mega Mart. Vishal Mega Mart or D-Mart, which is better? The retail sector is witnessing a significant shift as Vishal Mega Mart (VMM) enters the stock market, drawing intense comparisons with Avenue…
Indian stocks edged lower on Friday, dragged down by declines in IT and financial sectors, as investor concerns persisted over the Federal Reserve’s forecast of fewer interest rate cuts next year, prompting a wave of foreign fund outflows. The BSE Sensex closed 1,176 points lower at 78,041.59, and the NSE Nifty slipped 1.52 per cent…
Transrail Lighting IPO: The initial public offering (IPO) of Transrail Lighting Limited has hit the Indian primary market today. Bidding for the Transrail Lighting IPO will remain open from 19 December 2024 to 23 December 2024. The engineering and construction company has fixed the Transrail Lighting IPO price band at ₹410 to ₹432 per equity…
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 20 December 2024 | Stock Market News Mint Stocks to buy: Two stock recommendations from MarketSmith India for 20 December Mint Want to use market crash as a buying opportunity? Analysts suggest buying Bharti Airtel, HDFC Life and 3 more shares for…
Last Updated:December 19, 2024, 18:41 IST The IPOs are Mamata Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, and Concord Enviro Systems. Among the five IPOs, the GMP is highest for Mamata Machinery at 82.3 per cent, while that of Concord Enviro Systems is the lowest at 9.99 per cent. IPO Alert, GMP Today, Subscription…
(Bloomberg Opinion) — Order a Big Mac in Buenos Aires and you’ll have to pay about $7 — among the world’s most expensive price-tags for the popular burger(1). It’s a consequence of Javier Milei’s “shock therapy” plan, which in his first year as Argentina’s president led to a sharp slowdown in inflation and a quick appreciation…
Starbucks, arguably the most popular coffee chain around the world, is said to be experiencing problems in the Indian market. Rising rumors are surfacing about the possibility that the giant American coffeehouse chain could be exiting India due to rising losses and high cost of operations along with being out of sync with Indian consumer…
Ola CEO Bhavish Aggarwal has expressed frustration over employees not adhering to regular office attendance. In a reportedly stern company-wide email, Aggarwal criticized employees for poor attendance, urging them to prioritize workplace discipline. The email has since gone viral on social media, sparking widespread discussions. This development follows recent reports of Ola cutting 500 jobs…
US Fed Meeting LIVE: The US Federal Reserve announced its eighth policy decision for 2024 after a two-day Federal Open Market Committee (FOMC) meeting and voted 11 to 1 on Wednesday, December 18, to slash the benchmark interest rate by 25 basis points (bps) or (1/4) quarter of a percentage point to 4.25 – 4.50…
