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Source: Live Mint (The opinions expressed here are those of the author, a market analyst for Reuters) NAPERVILLE, Illinois, Jan 29 (Reuters) – With global corn supplies set for decade lows later this year, Brazil’s corn harvest cannot afford a mishap. Brazilian corn stocks are particularly tight heading into 2024-25, and planting of the second…
Source: Live Mint CME gold stocks rose by 12.2 mln oz, or 70% over two months Deliveries to NY tightened London gold market free-float London bullion market seeks to borrow gold from central banks Ripple effects felt in other gold hubs after CME deliveries LONDON, – London bullion market players are racing to borrow gold…
Source: Live Mint (Updates with market opening prices) Jan 29 (Reuters) – Canada’s main stock index rose on Wednesday led by mining shares, as investors cheered the Bank of Canada’s decision to cut interest rates by a quarter percentage point. The Toronto Stock Exchange’s S&P/TSX composite index was up 0.3% at 25,502.94, its highest level…
Source: Live Mint TORONTO, Jan 29 (Reuters) – The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage. MARKET REACTION: LINK: https://www.bankofcanada.ca/2025/01/fad-press-release-2025-01-29/ COMMENTS ANDREW KELVIN, HEAD OF CANADIAN…
Source: Live Mint LONDON, Jan 29 (Reuters) – Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of a low-cost Chinese artificial intelligence model, according to a Goldman Sachs trading update and industry figures on Tuesday. Hedge funds that pick stocks based on company…
Source: Live Mint New Delhi, Jan 29 (PTI) The initial public offer of Temasek Holdings and TPG-backed Dr Agarwal’s Health Care Ltd, an eye care services provider, received 7 per cent subscription on the first day of bidding on Wednesday. The public issue got bids for 38,08,980 shares against 5,35,26,172 shares on offer, as per…
Source: Live Mint Bajaj Finance Q3 Results: Bajaj Finance Limited announced its October to December quarter results on Wednesday, January 29. The non-banking financial company (NBFC) recorded a nearly 17 per cent rise in net profit for the third quarter of the financial year 2024-25 at ₹3,706 crore, compared to ₹3,177 crore in the same…
Source: Live Mint Tata Motors Q3 Results: Net profit down 22.5% YoY to ₹5,451 crore; revenue up 2.7% Read Full Article
Source: Live Mint Stock Market Today: Indian markets closed higher for the second consecutive trading session on Wednesday, January 29, driven by strong buying in IT and banking stocks. Additionally, value buying in the broader market contributed to the positive momentum. The Nifty 50 ended 213.50points higher, or with a 0.93% gain, at 23,170, while…
Source: Live Mint PSU banks, oil refining, Infrastructure EPC and power are among the key sectors to watch out for amid the current geopolitical and macroeconomic environment, according to Hemant Majethia, CEO & Co-Founder of Ventura Securities. In an interview with Livemint, Majethia shares his insights on Budget 2025 expectations, market valuations, and investment opportunities…
