📌Jupiter Wagons | CMP Rs 425.75 | ⬆️4% 📌Bajaj Consumer | CMP Rs 241.40 | ⬇️7% 📌Muthoot Finance | CMP Rs 1,597 | ⬇️ 📌Tata Power | CMP Rs 416 | ⬇️4% 📌Hero Motocorp | CMP Rs 4,761 | ⬆️3% 📌TVS Motor | CMP Rs 2,061.60 | ⬆️3% 📌Larsen and Toubro | CMP Rs 3,289.95 | ⬆️5% 📌Asian Paints | CMP Rs 2,716 | ⬇️4% 📌Piramal Enterprises | CMP Rs 813.25 | ⬇️9%
Open FlipBitcoin is grinding lower as part of a $500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked. The token is flirting with five straight days of declines, which would be the longest such losing run since October last year. The overall crypto market has tumbled 17% to $2.4 trillion in the wake of Bitcoin’s mid-March record high of $73,798.
Open FlipThrough a tumultuous period of high inflation, aggressive interest rate hikes, and global instability, the U.S. Federal Reserve received relatively high marks for its monetary policy communications despite the thicket of uncertainty it has been navigating, according to a survey of academic and private-sector analysts released on Thursday.
Open FlipEvery big investing theme has winners that rise to the top. Amazon was the champion of e-commerce, and Microsoft was the king of computers. Which companies will dominate artificial intelligence (AI)? It could be too early to tell for sure, but some potential favorites are emerging from the pack. Snowflake (NYSE: SNOW) and Super Micro Computer (NASDAQ: SMCI) have become pivotal.
Open FlipIf you listen to Plug Power's (NASDAQ: PLUG) management team, there's a ton of long-term upside to the company's business. Trillions of dollars are being invested into renewable technologies right now, including hydrogen fuel cells, which Plug Power specializes in. There's a case to be made that the company is primed to ride a tidal wave of investor interest.
Open FlipAlembic Pharmaceuticals Limited on Thursday reported a strong growth in net profit and sales for the quarter ending March 2024. In its earnings report for the quarter and financial year ended March 31, 2024, the company said that its net sales increased by 8% year-on-year, reaching â‚ą1,517 crore, while net profit soared by 17% to â‚ą178 crore YoY.
Open FlipCumulative monthly spot and derivatives trading volume tanked by 43.8%, CCData said. Binance’s spot market volume registered its first decline since September 2023. Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market.
Open FlipIf you are an EPF subscriber, and are looking for the withdrawal of funds from your account, then you need to apply in a prescribed format.  There could be multiple circumstances such as while looking for an advance from provident fund (PF) account, or while wanting your LIC policy to get financed through your PF account, and so on and so forth.
Open FlipLarsen & Toubro, which has a presence across sectors including, defence, infrastructure, power, construction, technology and finance among others, plans to continue its investments into the Middle East region while adopting a more broad-based approach. According to the management of the diversified conglomerate, the investments in Middle East will not be limited to hydrocarbons.
Open FlipBetween October 2023 and March 2024, the benchmark S&P 500 (SNPINDEX: ^GSPC) index surged by 25% in (almost) a straight line. It culminated in a new record high of 5,254 on March 28, but the index is now in the midst of an ongoing sell-off. The S&P 500 is currently trading 3.6% below its best-ever level in what largely appears to be a typical bull market pullback.
Open FlipSudipta Roy, CEO of L&T Finance, says the company will consider divesting its wholesale book if it gets the right valuation. "We will not go and take a haircut just because we want to get it off the balance sheet," Roy said in a chat with CNBC-TV18. When we started the Lakshya journey, our wholesale book was over â‚ą38,000 crore. At the end of last quarter, we got it down to â‚ą5,500 crore.
Open FlipRetiring wealthy isn't necessarily about hitting the home run investment. Instead, it can be about consistently hitting singles and doubles over time. U.S. telecom company AT&T (NYSE: T) probably won't raise too many eyebrows. But don't overlook the company's current circumstances, which could position investors for steady wealth creation over the coming years.
Open FlipLONDON, May 9 (Reuters) - The Bank of England took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew Bailey said he was optimistic that things are moving in the right direction .The BoE said on Thursday its Monetary Policy Committee voted 7-2 to keep rates at a 16-year high of 5.25% after Deputy Governor Dave Ramsden joined Swati Dhingra.
Open FlipThe Brigade Group has signed an agreement to buy a 4.6-acre land parcel in Bengaluru with a developmental potential of 0.69 million sq ft and a gross developmental value of Rs 660 crore, the company said in an exchange filing on May 9.The land parcel is on the Old Madras Road, which is a fast-growing residential hub with improved connectivity, infrastructure and several new development projects.
Open FlipServiceNow is riding a strong tailwind of companies looking to digitize employee workflow. The stock is up 65% over the past year, but at recent prices it's 11% off its 52-week high of $815. This is a great buying opportunity, according to analysts at Baird. The analysts came away from the company's recent analyst day with more confidence in its ability to capture a sizable addressable market.
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