Stock Markets
Recent Highlights
All Stories for Stock Markets
Radiant Cash Management Services lists at 9.5% premium on market debut; details here
Trendingdesk •Radiant Cash’s initial public offering (IPO) began on 23 December and concluded on 27 December. Only 53 percent of the Radiant Cash Management Services' initial public offering was subscribed
US recession a growing fear as Fed plans to keep rates high
•On Thursday, stock markets buckled on the growing realization that the Fed may be willing to let the economy slide into recession if it decides that’s what’s needed to drive inflation back down to its 2% annual target
Nykaa to hold board meeting on 3 October to discuss issuance of bonus shares
Trendingdesk •In the April to June quarter of FY23, Nykaa’s consolidated net profit increased by over 43 percent to Rs 5 crore
Equity markets rebound in early trade after four-day slump
•Markets may continue to wobble intra-day amidst escalating risks of a global recession driven largely by aggressive monetary tightening around the world to suppress elevated inflation
Stock Market: Early trade sees Sensex decline by 155 points and Nifty test 17,600
•With a 1.34 percent decline, Tech Mahindra was at top among Sensex losers, followed by Nestle India, Maruti, Infosys, UltraTech Cement, TCS, and Sun Pharma. Tata Steel, PowerGrid, SBI, NTPC, IndusInd Bank, ICICI Bank, and Titan, on the other side, saw gains
Bank, realty, auto stocks end on mixed note after RBI's repo rate hike
•BSE bank index ended 0.47 per cent higher, auto index ended 1.12 per cent lower, realty index advanced 0.23 per cent. The 50 bps rate hike by the RBI is broadly in line with the consensus expectations, experts said to PTI
Indian stock markets should perform well in second half of 2022, says Singapore-based top business executive
•Praveen Jagwani, CEO of UTI International, said that India has been an outlier as economic activity has been rebounding quite sharply. India's GDP growth forecast is projected to be 7 per cent plus for the year, making it the fastest growing major economy in the world
Asian stocks follow Wall Street down as interest rate hike worries grow
•Energy markets remain volatile as the conflict in Ukraine continues and demand remains high amid tight supplies of oil
Oil prices tumble over China's worsening COVID-19 outbreak; Twitter rises on Elon Musk deal
•Crude prices dove more than three per cent on growing concerns over Chinese lockdowns in response to its latest coronavirus wave
Russia-Ukraine issue, Fed rate decision crucial factors for markets: Analysts
•Market experts believe that stock markets are likely to stay volatile until the existing headwinds subside