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Source: Live Mint Stocks lost steam near all-time highs, with Wall Street traders gearing up for key jobs data that will help determine whether the Federal Reserve will cut or hold interest rates in December. Equities dropped a day after the S&P 500 hit its 56th record this year. Short-term Treasuries underperformed, with the market…
Source: Live Mint Mumbai, Benchmark equity indices Sensex and Nifty maintained their winning run on Thursday, rising 1 per cent, propelled by buying in IT stocks amid a rally in the US markets and fresh foreign fund inflows. Rallying for the fifth day running, the 30-share BSE benchmark Sensex jumped 809.53 points, or 1 per…
Source: Live Mint Despite weaker-than-expected Q2 earnings and disappointing GDP data, Indian equity markets are on a bull run. Over the past five trading sessions, the Sensex has surged nearly 3,000 points, crossing the 82,000 mark, while the Nifty breached the 24,800 level. The rally, which began around the time of the Maharashtra assembly election…
Source: Live Mint Mumbai: The capital market regulator on Thursday barred Mishtann Foods Ltd (MFL) and five of its directors from accessing the market, citing alleged financial misrepresentation and fraud. The interim order of the Securities and Exchange Board of India came after its investigation from 1 April 2017 to 31 March 2024 revealed alleged…
Source: Live Mint Oil prices rose on Thursday after OPEC+ decided to delay its planned output increase by three months to April 2025, and extend the full unwind of production cuts by a year until the end of 2026. Brent crude was up 38 cents, or 0.53%, to $72.69 a barrel at 10:56 a.m. ET,…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers And Losers Today:** The Nifty index concluded the trading session at 24,467.45, reflecting an increase of 0.98%. Throughout the day, the Nifty reached a peak of 24,857.75 and a low of 24,295.55. Meanwhile, the Sensex fluctuated within the range of 82,317.74 and 80,467.37,…
Source: Live Mint Stock market holiday: The Maharashtra government has declared Friday, December 6, a local holiday for Mumbai and suburban areas in honour of Mahaparinirvan Diwas 2024. The public holiday has raised questions about whether trading activities at the stock exchanges Bombay Stock Exchange (BSE) and National Exchange (NSE) will also be impacted on…
Source: Live Mint Debt-ridden telecom major Vodafone Idea announced on Thursday, December 5, that its board will consider a proposal to raise ₹2,000 crore from entities belonging to promoter Vodafone Group. The development follows Vodafone Group’s announcement to sell a 3 per cent stake in Indus Towers to clear its debt of USD 101 million…
Source: Live Mint Suraksha Diagnostic IPO listing date has been scheduled for tomorrow (Friday, December 6). Suraksha Diagnostic IPO allotment was finalised yesterday (Wednesday, December 4). For those who have been allocated shares, the crediting of shares to demat accounts will occur today, Thursday, December 5. The process of refunding those who have not yet…
Source: Live Mint Indian IT stocks continued their winning streak for the fifth straight session on Thursday, December 5, boosted by Federal Reserve Chair Jerome Powell’s remarks at the New York Times DealBook Summit, where he emphasised the resilience of the US economy, which contributes 60-70 per cent of revenue for IT companies. Riding on…
