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Source: Live Mint Shares of City Union Bank surged 13.21% to ₹170.50 apiece in early morning trade, October 22, following the release of the bank’s strong September quarter results. This strong performance has prompted brokerages to maintain a positive outlook on the stock. The bank demonstrated improvement across key metrics, including asset quality, slippages, profitability…
Source: Live Mint Paytm Q2 Results Preview: One 97 Communications, the parent company of fintech major Paytm, will declare its earnings for the second quarter of FY25 today. Paytm shares have seen a decent recovery recently and will be on investor’s radar today ahead of the announcement of Q2 results. Analysts estimate Paytm’s total revenue…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a muted note and remain volatile on Tuesday amid cautiousness over weak global market cues. Asian markets traded lower, while the US stock market ended mixed overnight, weighed down by rising Treasury yields. Markets are…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Now, that might sound like a lot, but let’s put it into perspective. India’s average savings rate is roughly 20%, which translates to about $500 billion saved annually. So, compared to the annual savings, the mutual fund AUM wasn’t as hefty as one might think. This indicated a significant growth opportunity. The…
Source: Live Mint Metal stocks: The recent surge in alumina prices has brought increased attention to metal stocks such as Vedanta, National Aluminium Company (NALCO), Hindalco Industries, Arfin India, Century Extrusions, Maan Aluminium, and MMP Industries. An increase in alumina prices usually translates into an increase in aluminium prices eating away the profits generated by…
Source: Live Mint Amber Enterprises’ shares soared 20 per cent on Monday, reaching a new high of ₹6,484.25 during intra-day trading on the BSE, ahead of the company’s Q2FY25 results scheduled for release on Tuesday, October 22. The household appliances stock has significantly outperformed the market, soaring 41 per cent in just one month, compared…
Source: Live Mint Wall Street stocks were mixed on Monday ahead of major earnings reports. As of 12:46 p.m. Eastern time, the S&P 500 was 0.4 per cent lower, the Dow Jones Industrial Average was down 0.8 per cent, and the Nasdaq Composite was 0.2 per cent lower. As of 10:10 am Eastern time, the…
Source: Live Mint The start of the Federal Reserve’s easing cycle was supposed to be the long-awaited catalyst to ignite a rally in Brazil’s stocks. Banco Santander’s local unit predicted the Ibovespa gauge would rally almost 20% this year. Analysts at Bradesco BBI saw similar gains. Bank of America favored Brazil over Mexico amid estimates…
Source: Live Mint HOUSTON -Oil prices rose nearly 2% on Monday, recouping some of last week’s more than 7% decline, with no let-up of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region. Brent crude futures were up $1.44, or 1.97%, at $74.48 a barrel at…
