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Posted on January 15, 2024

Gold extends gains as Middle East turmoil lifts appeal

​​Gold, historically seen as a safe store of wealth, tends to gain during times of political and economical uncertainty.
Posted on January 13, 2024

After a rip-roaring 2023, the US markets are taking a breather

Even after the 2023 gains, most stock investors are only barely above water since the start of 2022. It looks better when you include dividends. Then, the S&P 500 returned 3.42% over the course of the two calendar years. Even so, the paltry stock market increases haven’t kept up with inflation.
Posted on January 13, 2024

DMart Q3 results: Consol PAT up 17% YoY to Rs 691 crore, revenue sees similar growth

Earnings before interest, taxes, depreciation and amortization or EBITDA during the quarter grew by 16% YoY to Rs 1,119.89 crore. However, operating margin dipped marginally to 8.25% from 8.34% a year ago.
Posted on January 13, 2024

Profit churners! 6 smallcap PMS funds give over 50% returns in 1 year; where did you bet your bucks?

Equitree Capital’s smallcap fund ‘Emerging Opportunities’ was second in the list, giving nearly 80% returns to investors.
Posted on January 13, 2024

IT’s not so bad: Dalal Street indices soar to fresh highs

The Nifty IT index jumped 5.1% with Infosys soaring 8% and TCS rising 3.9% after their December quarter results and the associated commentary kept hopes alive that the environment may not deteriorate further.
Posted on January 13, 2024

Adventz Finance offloads Gillette shares

Nippon India MF was among the buyers and bought 3.3 lakh shares worth Rs 222.9 crore.
Posted on January 13, 2024

Leaving behind last year’s chaos, cryptos begin a new life

Bitcoin ETFs are instruments which are traded publicly on a stock exchange that enable investors to gain exposure to bitcoin without actually owning the cryptocurrency.
Posted on January 12, 2024

Taking Stock: Market hits new milestone; Nifty at 21,900, Sensex rises 847 pts

Taking Stock: Market hits new milestone; Nifty at 21,900, Sensex rises 847 pts Biggest gainers on the Nifty included Infosys, ONGC, Tech Mahindra, LTIMindtree and TCS, while losers were Cipla, Apollo Hospitals, Power Grid Corporation, UltraTech Cement and Bajaj Finserv
Posted on January 12, 2024

Nifty tops 21,900, Sensex touches new high; IT, PSU bank, realty stocks rally

Nifty tops 21,900, Sensex touches new high; IT, PSU bank, realty stocks rally The single-biggest trigger has been the strong buying interest in IT stocks after Infosys reported in-line results and TCS surprised positively
Posted on January 12, 2024

Sensex hits record high, Nifty tops 21,900 for first time as Q3 IT earnings bring cheer

Sensex hits record high, Nifty tops 21,900 for first time as Q3 IT earnings bring cheer Information technology stocks, which soared 4-8 percent, were the biggest reason for Nifty#39;s over 1 percent gains. The Nifty IT index was the top sectoral gainer as it zoomed over 5 percent.

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RSS MarketWatch.com – Real-time Headlines

  • Elon Musk in a post on X says some of his Trump posts ‘went too far’ and that he regrets them
  • Bank of England decision on Thursday will be at 12:02 p.m. local time instead of 12 p.m., due to VE Day’s two minutes of silence
  • Swiss National Bank cuts interest rates by a half point to 0.5%
  • Dollar jumps 0.5% to 0.8890 francs
  • Germany flash services PMI falls to 9-month low of 49.4
  • Germany flash manufacturing PMI rises to 4-month high of 43.2
  • Powell says labor market not a source of significant inflation pressure
  • Fed’s Powell says rate cut ‘on the table’ as soon as September
  • Final S&P U.S. manufacturing index is 52.2 in February vs. initial 51.5
  • Duolingo started at buy with $222 price target at Seaport
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