by Vasu Jit Kalia | July 18, 2024 | Stocks & Bonds
Mumbai, July 18 (IANS) Indian equity indices opened in the red on Thursday following profit-booking midcap and smallcap stocks. At 9:46 a.m., Sensex was down 102 points or 0.13 per cent, at 80,608 and Nifty was at 24,588, down 17 points or 0.07 per cent. Selling is...
by Vasu Jit Kalia | July 17, 2024 | Markets, Stocks & Bonds
Mumbai, July 17 (IANS) Asian Paints on Wednesday reported a 25 per cent decline in its consolidated net profit, to Rs 1,170 crore, for the April-June quarter of 2024-25, compared to the same period of the previous year. The company’s revenue from operations fell by 2...
by Vasu Jit Kalia | July 16, 2024 | Stocks & Bonds
New Delhi, July 16 (IANS) As the Indian economy remains resilient on its way to become the world’s third-largest one sooner than expected, Singapore’s sovereign wealth fund Temasek is aiming to invest an additional over Rs 83,000 crore (about $10 billion) in the...
by Jennifer George | July 15, 2024 | News, Stocks & Bonds, Trending Now
In the aftermath of former U.S. President Donald J. Trump’s assassination attempt on July 14, 2024, Chinese meme stock “Chuan Da Zhi Sheng” from software company Wisesoft Co. went up by 10 points. “Chuan Da Zhi Sheng,” the Chinese name...
by Jennifer George | July 11, 2024 | News, Stocks & Bonds, Technology
Wall Street’s ‘Magnificent Seven’, comprised of seven of the S&P 500’s most promising large-cap tech stocks, is leading the longest rally in 2024. The S&P 500 gained for the seventh day in a row to notch its 37th record high of 2024....
by Jennifer George | July 10, 2024 | News, Stocks & Bonds
Tesla’s (TSLA) recent ebbs and flows in the stock market have gained it the title of “meme stock” from Pimco’s chief investment officer and co-founder, Bil Gross. On Tuesday Gross took to X to criticise Tesla’s “sagging...