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Source: Live Mint Subsidiaries have become a significant source of growth for Indian companies, helping them de-risk a bit from their core business. According to a Mint analysis of 1,135 companies for which the past 15 years of data is available, India Inc now generates 30% of its consolidated revenue through subsidiaries, up from 20%…
Source: Live Mint NEW YORK — U.S. stocks rose to records Friday as big banks rallied following a run of reassuring profit reports. The S&P 500 climbed 0.6% to top its all-time high set earlier in the week and close out its fifth straight winning week, while the Dow Jones Industrial Average jumped 409 points,…
Source: Live Mint Q2 results preview: The Q2 earnings monitor report from Macquarie Equity Research noted that, like in the first quarter, there is a higher number of companies reporting earnings below expectations in the second quarter, particularly in the Consumer Discretionary, Materials, and Financials sectors. According to the brokerage, overall, the general opinion is…
Source: Live Mint Stock market today: Indian market ended Friday’s session lower, weighed down by auto and banking stocks. Although pharma and metal stocks provided some support, it was insufficient to lift the indices higher. Consequently, the Nifty 50 closed the session with a drop of 0.14%, finishing below the 25,000 for the third straight…
Source: Live Mint Multibagger Stock: Bondada Engineering share price experienced a 5% increase on Friday’s session after the company secured two engineering, procurement and construction (EPC) contracts worth a total of ₹1,132.25 crore under the MSKVY 2.0 scheme for the construction of crystalline ground-mounted solar PV power plants in different districts of Maharashtra. The initial…
Source: Live Mint Indian stock market: The Indian market closed lower on Friday, dragged down by auto and banking stocks. While gains in pharma and metal sectors offered some support, they weren’t enough to lift the indices. As a result, the Nifty 50 declined by 0.14%, marking its third consecutive close below 25,000 at 24,964….
Source: Live Mint The total number of demat accounts in India reached 175 million in September 2024, according to Motilal Oswal report. This reflects an increase of 4.4 million accounts added during the month, resulting in an average monthly addition of 4 million accounts year-to-date for FY25. The report highlights a notable rise in demat…
Source: Live Mint US stocks were mixed on Friday after producer prices data. At the opening bell, the Dow Jones Industrial Average rose 53.4 points, or 0.13%, to 42,507.53. The S&P 500 fell 5.0 points, or 0.09%, to 5,775.09, while the Nasdaq Composite dropped 64.3 points, or 0.35%, to 18,217.734. Read Full Article
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index closed at 24,998.45, representing a decline of 0.14%. Throughout the trading session, the Nifty reached a high of 25,028.65 and a low of 24,920.05. The Sensex fluctuated within the range of 81,671.38 and 81,304.15, ultimately closing down by…
Source: Live Mint Trafiksol IPO: SEBI puts SME IPO listing on hold Read Full Article
