Shares of Jupiter Wagons surged 5.95% on Thursday to Rs 338 apiece after the company secured a major government contract worth approximately Rs 113 crore. The rally came in response to the announcement of a new order from the Ministry of Railways, signalling positive momentum for the company. In a regulatory filing, the company informed […]
Dr Reddy’s shares in focus after $50 million acquisition for entry in anti-vertigo category
Shares of Dr Reddy’s Laboratories will be in focus on Thursday, September 11, after the company announced it has signed a definitive pact with Janssen Pharmaceutica NV, a Johnson & Johnson unit, to acquire the popular brand Stugeron, along with Stugeron Forte and Stugeron Plus for $50.5 million. The transaction covers 18 markets across APAC […]
Oracle Financial Services, Trent among 6 F&O stocks saw a high increase in futures open interest – Futures Buzz
There was a notable surge in futures open interest for six stocks in the NSE F&O pack, contributing to a total increase in open interest of over 5% as of September 10, as compared to the previous trade. A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired […]
S&P 500 and Nasdaq notch record-high closes as Oracle soars on AI optimism
The S&P 500 and Nasdaq notched record-high closes on Wednesday, as Oracle surged and cooler-than-expected inflation data supported expectations the U.S. Federal Reserve will cut interest rates next week. Oracle soared 36% in its biggest one-day percentage gain since 1992 after the tech company pointed to a demand surge from AI firms for its cloud […]
Asian equities: Asian shares steady as US stocks climb on Fed rate cut hopes
Asian equities were mixed Thursday after a rally on Wall Street drove stocks and bonds higher, as a drop in producer prices supported bets the Federal Reserve will resume cutting interest rates next week. Shares in Australia fell while those in Japan swung between gains and losses in early trading. US futures edged higher after […]
Explained: 8 reasons why companies do share buybacks and what it means to investors
Infosys’ board meeting on Thursday to consider a share buyback proposal has infused fresh life into the stock, which has rallied 7% in the past two sessions. As the buzz builds, ET Markets explains why companies do share buybacks and what it means for investors: Companies buy back their shares either through open markets or […]
HBL Engineering, Cupid, Prime Focus among 8 smallcap stocks that hit 52-week highs & rallied up to 45% in a month – New Tops
On Wednesday, the benchmark Sensex rose by approximately 324 points, ending the day at 81,425. Fueled by a broader market rally, eight stocks from the BSE smallcap index reached their 52-week highs, marking their peak levels over the past year. These breakouts are often interpreted by traders and investors as bullish signals, indicating strong upward […]
S&P 500, Nasdaq hit record highs as inflation data boosts rate-cut bets; Oracle soars
The S&P 500 and the Nasdaq hit intraday record highs on Wednesday after cooler-than-expected inflation data kept the U.S. central bank on track to cut borrowing costs this year, while a surge in cloud computing firm Oracle added to gains. U.S. producer prices fell unexpectedly in August, dragged lower by a decline in the cost […]
Nykaa, Colgate-Palmolive among 7 midcap stocks trading above book value – High Book Value
Price above book value refers to a situation where a company’s stock is trading at a market price higher than its book value per share. From the NSE midcap segment, we have highlighted the top seven stocks whose market prices are trading above their book values, based on June ’25 quarter results data, as per […]
Oracle stock turns 2025’s multibagger after 41% surge; chairman Larry Ellison beats Elon Musk to become world’s richest man
Oracle Corporation shares surged 41% in early Wednesday trade on Nasdaq, hitting a day’s high of $339.68 after the company announced an AI Center of Excellence for healthcare to help organizations leverage rapid advances in artificial intelligence. The sharp rally also turned Oracle into a multibagger in 2025, with year-to-date returns crossing 100%. The surge […]