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Source: Live Mint Breakout stocks to buy or sell: After showing range-bound action in the last few sessions, the Indian stock market shifted into high volatility on Wednesday. The Nifty 50 index lost 41 points and closed at 25,377, the BSE Sensex shed 131 points and finished at 82,948, and the Bank Nifty index ended…
Source: Live Mint Asian equities were primed for muted moves following declines on Wall Street after the Federal Reserve’s half-point interest rate cut on Wednesday. Equity futures for Japan rose while those for Australia fell, with moves contained to less than 1%. The S&P 500 initially jumped to an all-time high before retreating to end…
Source: Live Mint Sodhani Academy of Fintech Enablers IPO: As subscription for the allotment for initial public offering ended on 17 September, allotment is to be finalised soon. The proposed date for listing of Sodhani Academy of Fintech Enablers shares is Friday, 20 September 2024 on BSE SME . T The registrant for the Sodhani…
Source: Live Mint Indian frontline indices remained range-bound in volatile trading on Wednesday, as investors chose to stay cautious ahead of the crucial US Federal Reserve meeting, where the announcement of the first rate cut in four years is anticipated. The market experienced a tug-of-war between declining IT stocks and resilient financial shares. A sharp…
Source: Live Mint MUMBAI : State-run oil marketing companies (OMCs) are on course to see a marked improvement in their profitability, thanks to the recent drop in crude oil prices amid stable product prices. The average Brent crude price has dropped to about $70 per barrel in September so far from over $80 in August….
Source: Live Mint The US Federal Reserve reduced its benchmark interest rate by 50 basis points, marking the first decrease since 2020, as the central bank started to unwind the restrictive policies it had put in place to address inflation. The Federal Reserve’s benchmark policy rate has remained in the 5.25%-5.50% range for 14 months….
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint Private lender ICICI Bank, on Wednesday, became the fourth Indian company to surpass a market capitalization of ₹9 lakh crore for the first time, following a share price increase of over 30 percent in 2024. On September 18, the stock reached an all-time high of ₹1,295 on the BSE, marking a 2…
Source: Live Mint Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal Reserve, while investors digested a mixed crude and fuel storage report out of the United States. Brent crude futures for November lost 55 cents, or 0.8%, at $73.15 a barrel at 11:58 a.m. EDT (1558…
Source: Live Mint Intuitive Machines Inc. shares are surging after the space exploration firm said it won another NASA contract. This one could be worth as much as $4.8 billion. The stock of the the first private company to land a spacecraft intact on the moon soared as much as 66% Wednesday, the biggest intraday…
