Indian benchmark indices Sensex and Nifty extended their winning streak to a fifth session Wednesday, lifted by IT shares, as investors looked ahead to the US Federal Reserve’s Jackson Hole symposium later this week. The S&P BSE Sensex advanced 213.45 points, or 0.26%, to 81,857.84, while the NSE Nifty 50 gained 69.90 points, or 0.28%, […]
Vijay Kedia-owned SME stock jumps 16% in 2 days as unit eyes Nasdaq IPO
Veteran investor Vijay Kedia’s portfolio stock Tac Infosec surged as much as 5% on Wednesday to Rs 985.7 on the BSE, extending a two-day rally to 15.8%, after its U.S.-based subsidiary announced plans to pursue a Nasdaq listing, marking a first-of-its-kind move for an India-listed cybersecurity firm. Kedia holds a 14.6% stake in the company, […]
European equities retreat from 5-month high as tech, defence shares drag
European equities slipped on Wednesday, retreating from a five-month closing high in the previous session, after tech stocks tracked dour performances of their Wall Street peers and as the defence sector faced pressure for a second day. The pan-European STOXX 600 index was down 0.4%, as of 0707 GMT, with most major bourses trading in […]
Rural demand & monsoon effect – Earnings recovery ahead, FY26 could see double-digit growth:Shibani Sircar Kurian
Shibani Sircar Kurian concludes that India remains well placed on domestic macro parameters, supported by a combination of policy push, strong monsoon, and rising consumption. She expects corporate earnings to improve in the second half of the year, with largecaps offering the most attractive opportunities. While midcaps may offer selective plays, she cautions that smallcaps […]
Citadel Securities expands team in India after Jane Street saga
Billionaire Ken Griffin’s Citadel Securities has hired an options trader in India this week and plans to add more staff to bolster its operations in the South Asian nation, according to people familiar with the matter. The market-making giant has tapped Prajual Maheshwari to join Citadel Securities India Markets Pvt. in Gurugram from high-frequency trading […]
Trump turns up heat on Powell ahead of Jackson hole
Trump turns up heat on Powell ahead of Jackson hole Source link
Intel’s $24 billion rally sends valuation to dot-com levels
After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most recent precedent is from the dot-com era more than two decades ago. Shares of the struggling chipmaker have rallied 28% this month, adding about […]
Coal India, HAL, RVNL among 11 companies going ex-dividend tomorrow; Last day to buy today
Investors looking to pocket dividends from some of India’s marquee companies, including Coal India, Rail Vikas Nigam Ltd (RVNL) and Hindustan Aeronautics Ltd (HAL), must note that today is the last trading day to buy shares in order to be eligible. The companies have fixed Thursday, August 21, 2025, as the record date for determining […]
Mahendra Realtors IPO listing today. GMP signals flat debut
Mahendra Realtors and Infrastructure is set to debut on the NSE SME platform on Wednesday after concluding its Rs 49.45 crore IPO with strong investor demand. Despite the healthy response in the primary market, the stock is showing no premium in the grey market, with its GMP holding at 0%, indicating a likely flat listing […]
Asian shares: Asian shares, Nasdaq futures fall after tech slide
Asian equities fell at the open, mirroring Wall Street’s retreat after a sharp selloff in heavyweight technology shares. Stocks opened lower in Japan, Australia and South Korea while MSCI’s Asia Pacific Index fell 0.3%. Contracts for the Nasdaq 100 index slipped 0.2% after a 1.4% drop Tuesday, the second-worst decline since April’s tariff shock. The […]