Category: Stock

The Indian market ended higher Monday, lifted by IT shares after Federal Reserve Chair Jerome Powell signaled the U.S. central bank could cut interest rates as soon as next month. The BSE Sensex rose 329.06 points, or 0.40%, to finish at 81,635.91, while the NSE Nifty gained 97.65 points, or 0.39%, to settle at 24,967.75. […]

A group representing the world’s biggest stock exchanges is urging securities regulators to clamp down on so-called tokenised stocks, arguing that the blockchain-based tokens create new risks for investors and risk damaging market integrity. Tokenised equities are blockchain-based tokens created to represent shares in companies. The tokens represent ownership of the securities but investors do […]

Shares in China Evergrande were removed from the Hong Kong Stock Exchange on Monday, marking another step in the retreat of the giant real estate developer whose downfall contributed to a prolonged crisis in China’s property market. Evergrande’s creditors are still working to wind up debts that amounted to more than $340 billion. Once China’s […]

Stop loss: Rs 4104 Target: Rs 4490ECLERX has staged a breakout from a consolidation zone on the daily timeframe, closing the session with a bullish candlestick backed by volumes above the 20-day average, pointing to strong buying interest. The stock continues to trade decisively above its 20, 50, 100, and 200-day EMAs, underscoring the resilience […]

Wall Street’s main indexes opened lower on Monday, retreating from the previous session’s gains when Fed Chair Jerome Powell hinted that an interest-rate cut could be on the table at the central bank’s meeting next month. The Dow Jones Industrial Average fell 26.5 points, or 0.06%, at the open to 45,605.25. The S&P 500 fell […]

On Monday, the benchmark Sensex advanced by approximately 329 points, closing at 81,635. Amid a broader market upswing, seven stocks from the BSE Midcap index surged to their 52-week highs — marking their strongest levels in the past year. Such breakouts are often viewed by traders and investors as bullish signals, reflecting strong upward momentum […]

According to estimates by Nuvama Institutional Equities, Godfrey Phillips is expected to witness outflows of about $7 million, the largest among the smallcap deletions. Other significant exits include JSWHL, FACT and IDBI, each set to see around $3 million in outflows. Westlife, Kansai Nerolac, Tanla, GNFC, GPPL, IOB, Network18 and SWSolar are projected to face […]

Nvidia Corp, already a $4.3 trillion giant that has doubled in value in just 16 months and looms larger than the stock markets of the U.K., China and Canada, could soon eclipse the entire Rs 5.21 trillion Indian equity market if its shares reach Cantor Fitzgerald’s new $240 price target. Fueled by its dominance in […]

BlackRock Inc. paused fundraising earlier this year for its latest Asian private credit strategy amid its merger with HPS Investment Partners, people familiar with the matter said, adding to uncertainties for the firm’s ambitions for the asset class in the region. Fundraising for the firm’s third Asia-Pacific private credit fund came to a standstill earlier […]

China and Hong Kong stocks jumped on Monday, led by the rare earth and property sectors, extending the recent bull run as abundant liquidity continued to fuel gains. ** At market close, the Shanghai Composite index was up 1.5% at 3,883.56, the highest since August 2015. That brings its gain since the most recent low […]