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Source: Live Mint The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve (FED) would keep cutting rates, reported the news agency Reuters. The US dollar rose…
Source: Live Mint Mumbai: Correction came calling for Indian markets on Wednesday, as bearish bets built up after the surprise spike in inflation battered stocks. The Nifty and its smaller cousins are now 10% below their peaks, while the BSE Sensex teeters on the edge. A fall of 5-10% from the peak is referred to…
Source: Live Mint The National Stock Exchange (NSE) announced on Wednesday, November 13, that it has introduced F&O contracts on 45 new stocks with effect from (w.e.f) November 29, 2024. According to the NSE circular, Zomato, Jio Financial Services, and Avenue Supermarts (DMart) were among the notable entrants. “Members are hereby notified that the futures…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint Stock Market News Today Live Updates: In an ever-evolving financial world, staying informed about stock market trends is crucial. Our Stock Market News provides real-time updates, insightful analysis, and in-depth coverage of the global financial landscape. From major index movements and corporate earnings to economic indicators and geopolitical events, we deliver the…
Source: Live Mint Torrent Power Q2 Results: Torrent Power Limited announced its July to September quarter results on Wednesday, November 13. The company’s net profit for the second quarter of the financial year 2024-25 fell 8.6 per cent to ₹496 crore, compared to ₹542.5 crore in the same quarter the previous year, according to the…
Source: Live Mint Zinka Logistics Solution IPO: The mainboard initial public offering (IPO) of the digital truck operator platform Zinka Logistics Solution Limited received tepid response on the first day of issue and was not fully subscribed by investors. The Flipkart-backed public issue hit India’s primary market to open for a three-day subscription period on…
Source: Live Mint “It is a momentous event. We have raised a huge amount of capital in the middle of a tough market, which is a great feat,” Sumer Juneja, managing director for EMEA & India at SoftBank Investment Advisors, told Mint. Swiggy had raised $3.2 billion in private capital in total from marquee investors…
Source: Live Mint Dalal Street seems to be caught in a bearish grip, with the Indian stock market witnessing a sharp correction for over a month now. Both Sensex and Nifty 50 have taken a tumble, shedding over 10% each from their record highs – enough to make even the boldest bulls a little jittery….
Source: Live Mint Kalyan Jewellers Ltd., headquartered in Thrissur, Kerala, released its earnings report for the September quarter, revealing a decline in both net profit and profit margins year-on-year. The jewelry retailer reported a net profit of ₹130 crore, reflecting a 3.3 percent decrease from ₹134.8 crore in the corresponding period of the previous year….
