European shares climbed on Thursday, as Nvidia’s strong results quelled worries over weakening AI demand, although uncertainty over the U.S. chipmaker’s China business clouded the outlook. The pan-European STOXX 600 was up 0.3% at 556.53, as of 0704 GMT. Semiconductor stocks in the region were mixed as investors parsed Nvidia’s data center outlook, which fell […]
Tariff tandav pulls down Sensex by 1,500 points in 2 days. Time to panic or buy the fear?
The Indian stock market is in the grip of a tariff-induced sell-off that has wiped out over 1,500 points from the Sensex in just two trading sessions, with the Nifty plunging perilously close to the 24,500 level. The carnage comes as markets digest the implications of a 50% tariff on Indian goods exports to the […]
Tariff pain priced in, markets now betting on GST cuts: Ajay Bagga
The Indian stock market seems to have absorbed the shock of the additional 25% U.S. tariffs announced earlier this week, according to market veteran Ajay Bagga. Speaking to ET Now, Bagga noted that while the initial reaction was strong, most of the tariff-related pain has already been taken into account. “The market knew very well […]
Trump’s tariffs cast a shadow on India’s solar ambitions – Trump’s Tariffs Cloud India’s Solar Dreams
India’s solar industry faces another challenge in the form of China. Most of the solar cells and silicon wafers used in Indian panel production are imported from Chinese suppliers. At the same time, China itself dominates the sector, controlling more than 80% of global solar manufacturing across all stages, according to the International Energy Agency. […]
Mangal Electrical shares list at 1% discount to IPO price
Shares of Mangal Electrical Industries listed at a slight discount of 0.9% on Thursday. The stock debuted at Rs 556 on NSE and Rs 558 on BSE, compared with the issue price of Rs 561. The Rs 400 crore issue was subscribed nearly 10 times overall, with robust participation across investor categories. However, in the […]
Berkshire raises stake in Japan’s Mitsubishi to 10.23%
Berkshire Hathaway, through its wholly-owned unit National Indemnity Company, has raised its stake in Japan‘s Mitsubishi Corp to 10.23% from 9.74% previously, Mitsubishi said on Thursday. Berkshire previously raised its holdings in five Japanese trading houses including Mitsubishi in March. Source link
Zee Entertainment shares in focus after Chief Growth Officer Ashish Sehgal steps down
Shares of Zee Entertainment Enterprises Ltd (ZEEL) are likely to be in focus on Thursday following the resignation of Ashish Sehgal, the company’s Chief Growth Officer for Ad Sales, Broadcast & Digital. Sehgal, who has been associated with Zee for nearly two decades, stepped down citing personal reasons. “Pursuant to Regulation 30 of the Securities […]
US stocks: S&P 500 notches record close; traders turn to Nvidia results
The S&P 500 notched a record high close on Wednesday ahead of quarterly results from Nvidia, Wall Street’s most closely watched event this week, which will test the rally that has pushed valuations of AI-related companies to levels that some investors view as too high. Shares of Nvidia, the world’s most valuable company and the […]
Motilal Oswal Securities: Motilal Oswal Securities bullish on India’s consumer sector; HUL, Marico among top picks
Motilal Oswal Securities has reaffirmed optimism on India’s consumer sector after a steady first quarter. Its top bets are Hindustan Unilever, Godrej Consumer, Marico, Page Industries, Titan, P N Gadgil, and Restaurant Brands Asia. Agencies The brokerage expects a broad-based recovery in FY26, driven by easing inflation, potential rate cuts, tax benefits, and a strong […]
This midcap stock surged up to 22,344% since last Ganesh Chaturthi; 32 others rose up to 2,557%
As India celebrates Ganesh Chaturthi today, a look back at the past year shows 33 stocks delivering up to 22,000% returns since the last Ganapati Utsav. Topping the list is midcap Elitecon International with a staggering 22,344% gain, followed by smallcaps Kothari Industrial Corporation and Colab Platforms, which surged 2,557% and 981%, respectively. Other multibaggers […]