Angel One reports steady trading days at 20, noting a 1.2% month-over-month (MOM) rise in total orders. The unique Mutual Fund Systematic Investment Plans (MF […]
Category: Finance
China’s Blue-Chip Stocks Plummet to Five-Year Low Amid Yuan Depreciation and Moody’s Credit Downgrade Warning
On Wednesday, China’s leading stocks experienced a significant drop, reaching their lowest point in nearly five years. This decline was coupled with a continued depreciation […]
Citigroup’s Stock Surges 5% as CFO Announces $500M Share Buyback, most Since April 14
Citigroup’s stock witnessed a notable upswing, surging by 5%, subsequent to the disclosure by the Chief Financial Officer (CFO) regarding the company’s strategic move. The […]
Adani Ports in Advanced Talks with SP Group for Strategic Acquisition of Gopalpur Ports in Odisha
Adani Ports and Special Economic Zone, India’s leading maritime company, are in advanced discussions to acquire Gopalpur Ports in Odisha from Shapoorji Pallonji Group. The […]
RBI Maintains Status Quo: No Change in Key Rates Amid Global Economic Challenges
Reserve Bank of India’s monetary policy committee, led by Governor Shaktikanta Das, has decided to keep key interest rates unchanged at 6.50%. This announcement aligns […]
Brokerage Reports: 11th Dec 2023- Coforge, Max Healthcare, Wipro, Cyient
Morgan Stanley’s outlook on the real estate sector suggests that the current demand is supported by a robust macro environment and a positive industry structure […]
December Witnesses Robust Investments from Foreign Players Amid BJP’s Victory in Three States, Boosting Confidence in Indian Markets
Foreign Portfolio Investors (FPIs) showed confidence in the Indian equity markets by injecting Rs 26,505 crore in the first six trading sessions of December. This […]
Saudi Aramco to Supply Full Crude Oil to Some North Asian Refiners in January 2024: Sources
In January 2024, Saudi Aramco plans to provide the entire agreed-upon amount of crude oil to several North Asian refineries, according to sources cited by […]
Beware of Unauthorized ‘Loan Waiver’ Schemes: RBI Issues Warning Against Misleading Campaigns
The Reserve Bank of India (RBI) has issued a warning regarding unauthorized “loan waiver” campaigns that are currently circulating. These campaigns involve misleading advertisements that […]
Bank of Japan Maintains Cautious Stance on Negative Rates Amidst Lack of Inflation Proof
The Bank of Japan (BOJ) has reportedly indicated a reluctance to terminate its negative interest rate policy in December. This decision stems from the BOJ’s […]
Macy’s Surges 19% on $5.8 Billion Buyout Offer Amidst Growing Online Competition
Macy’s, the renowned department store chain, experienced a notable uptick in its stock value, soaring by 19%, driven by a reported $5.8 billion buyout offer […]
China’s Auto Industry Accelerates: 27.4% Surge in November Vehicle Sales Signals Positive Momentum
In November 2023, China saw a 27.4% increase in the sales of passenger vehicles, a good sign for the car industry that has been facing […]