Shocking Rakesh Jhunjhunwala News: Warren Buffett of India Dies at Just 62; backed gaming firm Nazara

The veteran stock market investor was a self-made trader. He invested in several established businesses and startups, including the country's newest airline Akasa Air.
#RakeshJhunjhun #AkasaAir #India #Finance #Investing #BusinessIndustrial


1 months ago

Apple Inches Closer to Erasing 2022 Losses as Inflation Cools

Apple is close to erasing its losses for the year as softer-than-expected inflation data fueled a risk-on rally in the stock market. The iPhone-maker edged 2.6% higher to $169.24 as investors piled back into stocks on bets the Federal Reserve could dial back the size of future interest-rate hikes.
#Apple #iPhone #BusinessIndustrial #Finance #Investing


1 months ago

Newly minted meme stock darling AMTD slides after eye-popping surge

The company's market capitalisation closed above $300 billion in a 128% jump on Tuesday. It reminds investors of the meme stock mania last year that drove record rallies in shares of companies such as GameStop and AMC. The stock has risen about 21,000% since its July IPO.
#GameStop #Finance #Investing #BusinessIndustrial


1 months ago

YES Bank hits highest level since January 2021; stock soars 20% in 3 days

Shares of YES Bank moved 15 per cent higher to Rs 17.46, and hit the highest level since January 2021, on the BSE in Tuesday's intra-day trade. The bank announced to raise equity capital of around 1.1 billion (Rs 8,900 crore) from funds affiliated with two global private equity investors.
#YESBank #BSE #Finance #Investing #BusinessIndustrial


1 months ago

This Rekha Jhunjhunwala-owned stock hits all-time high, zooms 15%

Shares hit a fresh all-time high after they zoomed 15 per cent to Rs 735 in Monday's intra-day trade. At 11:25 AM, the stock quoted 14.3 per cent higher at Rs 730. The footwear major reported a consolidated net profit of Rs 105.78 crore in the quarter ended June 2022.
#BusinessStandardNews #BusinessIndustrial #News #BusinessNews


1 months ago

Amazon: US recession: Why Apple and Amazon results are important

Amazon's shares rose about 11 percent to $135.50 after the e-commerce giant forecast upbeat third-quarter revenue. Apple's stock rose more than 3 percent as the company said appetite forremained strong despite consumers' tightening spending. Analysts said weakness in consumer spending is not likely to send these firms into the red.
#Amazon #BusinessIndustrial #News #BusinessNews


2 months ago

Bajaj Finserv surges 10% after board approves 1:1 bonus, 1:5 stock split

Shares of Bajaj Finance surged 10 per cent to Rs 14,579.95 on the BSE in Thursday’s intra-day trade. Board approved 1:1 bonus issue and 1:5 share split on July 28, 2022. So far in July, the stock has outperformed the market by 33 per cent, as compared to 7 per cent rise in the S&P BSE.
#BajajFinance #BSE #BusinessIndustrial #Finance #Investing


2 months ago

Gokaldas Exports extends rally, up 8% in two days post June quarter results

Gokdaldas Exports shares surged 7 per cent to Rs 384.40 on the BSE in Monday’s intraday trade. The stock of garments & apparels manufacturer has recovered 20 per cent from its recent low of Rs 315.90. In the past one month, the stock has gained 5.5 per cent as against 5.6 per cent rise in the.
#GokdaldasExports #BSE #BusinessIndustrial #News #BusinessNews


2 months ago

Sensex, Nifty climb for third day after initial drop; Axis bank, SBI lead gains

The 30-share BSE Sensex advanced 246.47 points or 0.45 per cent to settle at 54,767.62. The broader NSE Nifty climbed 62.05 points to close at 16,340.55. Nestle India, HCL Technologies, Sun Pharma, Kotak Mahindra Bank, Infosys, Dr Reddy's and Asian Paints were the biggest laggards.
#BSESensex #BusinessIndustrial #Finance #Investing


2 months ago

Equity indices jump; IT, banking stocks lead gains

The S&P BSE Sensex rose 760.37%, or 1.41%, to 54,521.15 points. The NSE Nifty 50 index too surged 229.30 points to 16,278.50. Stocks that increased the most include IndusInd Bank (4.36%), Infosys (4.16%), Tech Mahindra (3.54%), Bajaj Finserv and Axis Bank. “Markets are largely mirroring their global counterparts, especially the U.S., while domestic factors like macroeconomic data and earnings cause volatile swings in between,” said Ajit Mishra.
#AjitMishra #IndusIndBank #NSENifty50 #BusinessIndustrial #News #BusinessNews


2 months ago

Stocks in news- 18 July, 2022

PTC Industries has approved rights issue for Rs 210 per share. 3 rights equity shares will be issued for every 2 Equity Shares held. Singapore GRM drops to $6.79/barrel Vs $21/4 barrel average in Q1 FY23. Quick Heal board to consider buyback on July 21 along with Q1FY23 results.
#PTCIndustries #Singapore #BusinessIndustrial #News #BusinessNews


2 months ago

Closing bell: Sensex rises by 344 points to end at 53,760; Nifty over 16,000

Sensex rises by 344 points to end day at 53,760; Nifty over 16,000. Read this news in a brief form. Click here to read the latest from the BSE in a video from the Bombay Stock Exchange (BSE) in Mumbai.
#Sensex #Mumbai #Finance #Investing #BusinessIndustrial


2 months ago

Sensex, Nifty rebound in early trade after 4-day decline

The 30-share BSE benchmark was trading 339.81 points higher at 53,755.96. The broader NSE Nifty advanced 72.35 points to 16,011.35. Among the Sensex constituents, Hindustan Unilever, Bharti Airtel, Nestle, Larsen & Toubro, Asian Paints, Titan, Maruti, Kotak Mahindra Bank and Reliance Industries were the major gainers.
#NSE #BSE #Finance #Investing #BusinessIndustrial


2 months ago

India Top News Today: PFI's anti-India plot, unparliamentary words row & more

BSE Sensex closed 98 points or 0.18 percent lower at 53,416. NSE Nifty fell 28 points to settle at 15,939 – marking its fourth straight session of loss. Sensex, Nifty log 4th straight loss in absence of any support.
#BSESensex #anti #India #Finance #Investing #BusinessIndustrial


2 months ago

Market bell: Sensex opens in green at 53,621; Nifty above 16,000

Sensex opened in green on Thursday with Sensexat 53,621, whereas Nifty stayed above 16,000. Sensex and Nifty reversed their early gains to close lower on Wednesday due to selling in oil & gas, banking and IT stocks amid weak trends in European markets.
#Sensex #European #Finance #Investing #BusinessIndustrial


2 months ago

Crude oil prices trade near 3-month low amid surging dollar; Sensex loses over 350 pts, Nifty below 16,000; more

The BSE Sensex closed over 350 points lower while the Nifty ended below 16,000 mark. Crude oil prices traded near a 3-month low amid a surging dollar and as weak demand dented sentiment. Brent crude traded below 99 dollar per barrel and Brent crude trades below 99 dollars per barrel.
#Brent #Nifty #BusinessIndustrial #EnergyUtilities #OilGas


2 months ago

Global recession fears: Would this affect India?

Predictions on global oil prices have come in thick and fast. Curiously, they could swing either way on how global conditions pan out. One way to predict a recession is to track oil prices. How does India fare in all of this? Read the full report from Bank of America here.
#BankofAmerica #India #BusinessIndustrial #EnergyUtilities #OilGas


2 months ago

Sensex, Nifty fall for 3rd day on selling in oil, banking & IT shares

Sensex fell by 372.46 points, while Nifty declined by 91.65 points. The 30-share BSE Sensex declined by 0.69% to close at 53,514.15, extending its falling streak to a third day. Index opened higher and touched the day's high of 54,211.22 amid gains in Asian markets. Sensex dropped over 750 points to touch a low of 53,455.26.
#Sensex #Asian #Finance #Investing #BusinessIndustrial


2 months ago

Stock, Share Market News Today: Sensex falls 372 points, Nifty ends at 15,967-mark

Sensex, Nifty, Share Prices Today: The benchmark equity indices on the BSE and NSE ended over 0.5 per cent lower. IndusInd Bank, Bharti Airtel, HDFC twins – Housing Development Finance Corporation and HDFC Bank, Reliance Industries and Tata Consultancy Services were the top losers on Wednesday.
#Sensex #BusinessIndustrial #News #BusinessNews


2 months ago

Closing bell: Sensex down by 372 points to end day at 53,514; Nifty below 16,000

The 30 stock S&P BSE Sensex dropped over 370 points to close at 53,514. The broader Nifty 50 of the National Stock Exchange also ended session in red. The Sensex started the day in the positive at 54,210.10 points and rose to a high of 54,211.22 points in the morning trade.
#S&PBSESensex #Finance #Investing #BusinessIndustrial


2 months ago