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Source: Live Mint Tolins Tyres’ Initial Public Offering (IPO) opened for subscription on September 9 and closed today, September 11. The company aims to raise approximately ₹230 crore through the offering, which will be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) The IPO price band has been set between…
Source: Live Mint US stocks were mixed on Tuesday ahead of key inflation data later this week. The latest data could provide clues on the size of the expected interest rate cut by the Federal Reserve on September 18. As of 9:40 a.m. Eastern time, the Dow Jones Industrial Average was down less than 0.1…
Source: Live Mint Shares of East West Freight Carriers were on focus on Tuesday, September 10, following the release of its FY24 annual report. The stock rose by 4.1 percent, reaching an intra-day high of ₹7.08. Despite today’s rally, the smallcap stock remains 38.3 percent below its 52-week high of ₹11.47, hit in December last…
Source: Live Mint F&O ban list:The National Stock Exchange (NSE) banned trading in seven stocks on Tuesday, September10, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of securities in…
Source: Live Mint The Dow Jones rose 0.52%, the S&P 500 added 0.62%, the Nasdaq rose 0.87% Read Full Article
Source: Live Mint Krishnan VR, Chief of Quantitative Research team at Marcellus, believes that valuations of Indian markets are clearly quite extended both compared to history and across various sectors and stocks. However, he opined that as long as mid- and small-cap stocks deliver on expected earnings growth, there won’t be any valuation derating. He…
Source: Live Mint One who draws his/her own path, keeping the market noise aside. The second is who follows and tries to emulate the first type. Although millions of investors may fall into the second category, there are very few in the first bracket. So, it is not unusual for the masses to follow the…
Source: Live Mint After Friday’s rout on Wall Street due to disappointing jobs data, in the week ahead investors will have three major economic reports to watch closely. A jobs report released by the US Labor Department on Friday showed a continued slowdown in the labor market. Next week, the economic calendar will feature reports…
Source: Live Mint Wall Street stocks finished decisively lower Friday following weaker than expected US jobs growth that pointed to a slowing economy. The lackluster job growth “played right into the market’s worries about (economic) slowing,” said Briefing.com analyst Patrick O’Hare, who noted that September has been a historically tepid period for equities. After a…
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