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Source: Live Mint For India Inc., the first half of FY25 (H1FY25) presented significant challenges, as earnings growth momentum faced a combination of unfavourable factors. Government spending, particularly capital expenditure, moderated due to the general elections. Urban consumption weakened amid elevated inflation and tight monetary policy, while muted incomes eroded purchasing power and also led…
Source: Live Mint Trent stock check: Shares of Trent rallied five per cent on Wednesday, January 15, after domestic brokerage Elara Securities Ltd initiated a ‘buy’ rating on the Tata-owned retail major. The brokerage eyes a potential upside of 38 per cent at a target price of ₹8,500. Trent emerged as Nifty 50’s best-performing stock…
Source: Live Mint Indian Stock Market: Indian markets managed to end higher for the second consecutive trading session on Wednesday, January 15, as heavyweights such as Reliance Industries, State Bank of India, and Kotak Mahindra Bank supported the frontline indices. Mid- and small-cap stocks also witnessed healthy buying interest from investors for the second day…
Source: Live Mint As the world prepares for Donald Trump’s second term as US President, there are growing apprehensions that his policies on trade, immigration, and climate change could profoundly impact the global economic landscape. Donald Trump is set to take office on Monday, January 20. The United States, as the world’s largest economy and…
Source: Live Mint US stocks climbed on Wednesday after inflation data boosted investors’ hopes for interest rate cut by the Federal Reserve this year. Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones Industrial Average rose 409.5 points, or 0.96%, to 42,927.76. The…
Source: Live Mint Sat Kartar Shopping IPO: The allotment for the issue that opened for subscription on closed on 10 January 2025 and ended on 14 January is to be out soon. The Sat Kartar Shopping shares are to be listed on the NSE SME on 17 January 2024. Since the Skyline Financial Services Private…
Source: Live Mint The Indian stock market is experiencing a rough phase amid signs of slowing economic growth, foreign capital outflow, and uncertainty surrounding the US Federal Reserve’s interest rate path and Donald Trump’s trade policies. Amid multiple headwinds and global uncertainty, all eyes are on the Union Budget 2025, which experts expect to strike…
Source: Live Mint HDFC Life Insurance Company announced a 15 per cent increase in its consolidated net profit for the December quarter, reaching ₹421.31 crore compared to ₹367.54 crore in the same period last year. The company’s net premium income for Q3FY25 rose by 10 per cent, totaling ₹16,832 crore, up from ₹15,273 crore in…
Source: Live Mint L&T Tech Q3 Results: L&T Technology Services announced its October-December quarter results for fiscal 2024-25 (Q3FY25) on Wednesday, January 15, reporting a drop of four per cent to ₹322.4 crore in consolidated net profit, compared to ₹336.2 crore in the year ago period. The Larsen & Toubro (L&T) tech subsidiary’s revenue from…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today:** The Nifty index concluded the trading session at 23,176.05, reflecting an increase of 0.16%. Throughout the day, the Nifty reached a high of 23,293.65 and a low of 23,146.45. The Sensex exhibited a trading range between 76,991.05 and 76,479.70, ultimately…
