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Source: Live Mint Nifty 50 target: The Indian equity markets remained resilient for a major part of the calendar year (CY) 2024, navigating through various challenges like sticky inflation, weaker-than-expected Q2FY25 earnings, general election outcomes, FII outflows, and geopolitical uncertainty. The Indian benchmark indices, the Nifty 50 and Sensex, have delivered positive returns of 9…
Source: Live Mint ITC, a leading multi-industry conglomerate, has garnered significant attention following its announcement to demerge its hotel business, set to take effect on January 1, 2025. The decision, made public on December 17, 2024, has stirred the market, especially after receiving strong shareholder support earlier this year. As ITC prepares for this major…
Source: Live Mint US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. The central bank is widely expected to cut rates by a quarter point. At 12:00 pm ET, the Dow Jones…
Source: Live Mint US stocks slipped on Tuesday, as investors become cautious ahead of the Federal Reserve’s interest rate decision following strong retail sales data, At the open, the Dow Jones Industrial Average fell 61.0 points, or 0.14%, to 43,656.47. The S&P 500 fell 21.5 points, or 0.35%, to 6,052.55, while the Nasdaq Composite dropped…
Source: Live Mint NBCC (India) Ltd, a Navratna public sector undertaking in the construction space, is hogging limelight as the company has received a slew of new work orders lately. In the past one month, the NBCC stock has gained 13%. Last week, the National Company Law Appellate Tribunal appointed NBCC as the project management…
Source: Live Mint The S&P 500 and the Nasdaq edged higher on Monday, while the Dow was flat, as investors eyed anticipated Federal Reserve interest rate cut later in the week. At the open, the Dow Jones Industrial Average fell 2.3 points, or 0.01%, to 43825.76. The S&P 500 rose 12.7 points, or 0.21%, to…
Source: Live Mint The spotlight on Wall Street in the week ahead will be on the US Federal Reserve’s last monetary policy decision of this year. The central bank is widely expected to cut interest rates for a third time since September. Besides Fed decision, market participants will have a lot of economic data including…
Source: Live Mint Market Outlook: After two back-to-back months of losses, the equity benchmark index Nifty 50 has risen over 2 per cent in December so far, reflecting renewed market momentum. Year-to-date (YTD), the index has posted an impressive gain of 13.5 per cent. From its recent low of 23,263.15, Nifty has already recovered 6…
Source: Live Mint Stock Market Today: Shares of Waaree Energies climbed 4 percent on Wednesday, December 11, after the Company has today received Letter of Award (LoA) for the development of 170 MW Solar power plant in Madhya Pradesh, from Rewa Ultra Mega Solar Limtied (RUMSL). The Solar power plant will enable the generation and…
Source: Live Mint US stocks edged higher on Wednesday after November CPI inflation data boosted hopes for interest rates cut by the Federal Reserve later this month. At the opening bell, the Dow Jones Industrial Average rose 52.6 points, or 0.12%, to 44,300.41. The S&P 500 rose 25.2 points, or 0.42%, to 6,060.15, while the…
