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Indian equities ended lower, snapping a two-day rally as escalating Iran-US tensions and profit booking weighed on sentiment. Sensex fell 372 points and Nifty lost 110, while analysts advised a buy-on-dips strategy above the key 23,800 support level.
SIS has approved a proposed Rs 120 crore share buyback at a maximum price of Rs 478.50 per share, its fifth since listing. The move could lift cumulative shareholder returns to about Rs 720 crore through buybacks and dividends.
US stock exchanges Nasdaq and NYSE plan a rare joint opening bell from the Oval Office next week to promote Donald Trump’s new child investment scheme, Trump Accounts. The program offers $1,000 seed funding for eligible US children, aiming to boost early investing awareness and participation among families nationwide efforts
Domestic equities closed higher on positive Asian cues, falling crude oil prices and hopes of an India-US trade deal. Analysts recommend buying Finolex Cables and Zydus Wellness, citing bullish technical setups, strong moving-average support and breakout patterns with upside potential.
Google parent Alphabet’s shares entered the Dow Jones Industrial Average on Monday, in an index reshuffle replacing Verizon Communications, signalling a tech shift in the blue chip benchmark.
Wall Street’s indices surged on Monday, lifted by a decrease in Middle East tensions and Comcast’s intention to divide into two separate firms. While investors exude cautious optimism amidst ongoing diplomatic developments, regional conflicts still loom large. Anticipation for upcoming earnings reports and uncertainty around AI expenditures contribute to market fluctuations, keeping traders on alert…
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Eswari Global Metal Industries is poised for a major Initial Public Offering (IPO) with an ambitious target of raising Rs 1,100 to Rs 1,300 crore. This strategy entails both a fresh share issuance and an offer-for-sale by existing promoters. The proceeds are earmarked for expanding manufacturing capabilities, clearing debts, and addressing general corporate requirements. The…
Wall Street’s main indexes opened higher on Monday as easing tensions in the Middle East lifted sentiment following days of hostilities between the U.S. and Iran.