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Source: Live Mint Despite the slew of reasons offered by mainstream media, such as Iran-Israel conflict, China stimulus, regulatory changes, the underlying reality is that Indian markets have been overvalued for some time now. Market-cap to GDP ratio, price to earnings, price/earnings to growth ratio, or small-cap to Sensex ratio, whichever metric you choose, the…
Source: Live Mint Multibagger stock Ritco Logistics, engaged in transportation activities, has witnessed a remarkable surge in its share price over the recent months, consistently breaking record highs and achieving significant milestones. Notably, it has demonstrated a strong ability to recover quickly after any dips, often bouncing back with increased momentum, leading to substantial returns…
Source: Live Mint Profits remain the cornerstone of every business and investment strategy. Sustained profitability signals business success, and while large companies are expected to generate profits, several smaller players have also posted impressive gains amid a favourable economic environment. Using Screener.in, we identified India’s fastest-growing profit-makers. To ensure meaningful results, companies with a market…
Source: Live Mint NEW YORK — U.S. stocks rose to more records and closed out their longest weekly winning streak of the year. The S&P 500 rose 0.4% Friday. The benchmark index squeaked past the all-time high it set early this week and logged is sixth straight winning week. The Dow Jones Industrial Average added…
Source: Live Mint Ajmera Realty & Infra India stock surged by 9% to ₹874.70 apiece in today’s afternoon trade deals after the company disclosed key developments from its board meeting held on October 18, 2024. In a regulatory filing today, the company announced that its Board has approved the issuance and allotment of 3,164,557 equity…
Source: Live Mint Hyundai Motor India IPO: The highly anticipated initial public offering of Hyundai Motor India failed to entice retail investors; on the last day of the share sale, just 50% of retail portion was subscribed. According to the records, this IPO is the largest in India and the second-largest in the world in…
Source: Live Mint Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Business NewsMarketsIPOWaree Energies IPO: Firm mobilises ₹1,277 crore from anchor investors ahead of subscription Read Full Article
Source: Live Mint Wall Street stocks were mixed on Friday with the S&P 500 and the Nasdaq edging higher, lifted by technology shares, while the Dow Jones dropped. The Dow Jones Industrial Average fell 108.85 points, or 0.25 per cent, to 43,132.38, the S&P 500 gained 12.41 points, or 0.21 per cent, to 5,853.88, and…
Source: Live Mint Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world’s second -biggest economy. Analysts expect the intense battle…
Source: Live Mint Gold raced past the $2,700 mark for the first time on Friday, extending a rally driven by expectations of further monetary policy easing and safe-haven demand due to uncertainty about the U.S. presidential elections and Middle East conflicts. Spot gold rose 0.6% to $2,709.81 per ounce by 1145 GMT, having hit an…
