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Source: Live Mint The half-year ended (H1FY25) earnings of recently listed Waaree Energies Ltd, the largest solar module manufacturer in India, came as a rude shock to investors. The stock fell 10.5% since results were announced on 18 November. Its maiden result, post listing, showed that in H1FY25, consolidated revenue grew a mere 2% year-on-year…
Source: Live Mint Expert View: Abhijit Bhave, Managing Director and CEO, Equirus Wealth believes a 5-10% correction from current levels might be a fair expectation for stabilisation in the market. A strong earnings report card in the December quarter is what might bring some sense of relief in the market, he noted. Bhave also believes…
Source: Live Mint US stocks were subdued on Wednesday amid escalating geopolitical tensions between Russia and Ukraine, and as investors awaited chip giant Nvidia’s quarterly results. At the opening bell, the Dow Jones Industrial Average rose 27.1 points, or 0.06 per cent, to 43,296.05. The S&P 500 fell 2.6 points, or 0.04 per cent, to…
Source: Live Mint US stock indices slipped on Tuesday, as investors rush to safe-haven assets on escalating tensions between Russia and Ukraine. At the opening bell, the Dow Jones Industrial Average fell 146.3 points, or 0.34%, to 43,243.27. The S&P 500 fell 23.6 points, or 0.40%, to 5,870.05, while the Nasdaq Composite dropped 92.1 points,…
Source: Live Mint US stocks were mixed on Monday, as investors awaited crucial earnings especially from chip giant Nvidia and on lingering concerns that the Federal Reserve is not in a rush to cut interest rates further. The Dow Jones Industrial Average fell 35.21 points, or 0.08 per cent, to 43,409.78, the S&P 500 rose…
Source: Live Mint (Bloomberg) — This year was already a landmark one for exchange-traded funds, but as of Friday the ETF universe can add another superlative: biggest annual inflows on record. The insatiable appetite for the investor-friendly wrapper, an all-time high number of product launches and a relentless bull market fueled by Donald Trump’s presidential…
Source: Live Mint US stock Indices edged higher on Thursday after producer prices data. At the opening bell, the Dow Jones Industrial Average rose 74.2 points, or 0.17%, to 44,032.38. The S&P 500 rose 4.3 points, or 0.07%, to 5,989.68, while the Nasdaq Composite rose 25.4 points, or 0.13%, to 19,256.09. Read Full Article
Source: Live Mint In 2022, the Indian government introduced a flat 30% income tax on gains from cryptocurrencies and Non-Fungible Tokens (NFTs). Investors riding the current rally should be aware of their advance tax and reporting obligations to avoid penalties under the Income Tax (IT) Act. With a 1% TDS deducted on sales of these…
Source: Live Mint Wall Street stocks were mixed on Wednesday after data showed consumer price inflation rose last month. As of 10:59 am Eastern time, the S&P 500 was virtually flat, the Dow Jones Industrial Average was up 0.3 per cent, and the Nasdaq Composite was 0.2 per cent lower. As of 9:35 am Eastern time,…
Source: Live Mint Cryptocurrency Bitcoin crossed the $90,000-mark on Wednesday, November 13 after Republican candidate and US President-elect Donald Trump pledged to ease regulation around the digital tokens, reported the news agency AFP. Bitcoin rallied to an all-time high above $91,000 before easing to $90,670 on Wednesday. The volatile digital asset has gained a lot…
