Latest business news
Multibagger stock: Shares of Kernex Microsystems India, which manufactures and sells Safety Systems and Software services for Railways, were locked in the 5% upper circuit for the second consecutive trading session on Wednesday, April 02, reaching ₹855.55 apiece after the company secured a Kavach order. On Tuesday, the company informed investors through an exchange filing…
US stocks were mixed on Tuesday following weaker economic reports and on worries about President Donald Trump’s reciprocal tariffs. Trump is expected to announce tariffs on his “Liberation Day” on Wednesday. As of 10:45 AM Eastern time, the S&P 500 was down by 0.2 per cent, the Dow Jones Industrial Average was down 0.5 per…
US stock indices extended losses on Monday amid worries over reciprocal tariffs as President Donald Trump’s “Liberation Day” is approaching. Trump has pledged to impose sweeping levies against trading partners on April 2. As of 10:10 AM Eastern time, the S&P 500 was down 0.8 per cent, the Dow Jones Industrial Average was down 0.3…
(Bloomberg) — From New York to London and Hong Kong, investors are cutting back risk ahead of next week’s tariff announcements, while keeping cash ready to pounce the moment opportunities arise. Money managers all around the world say they’re turning neutral, stepping back or de-risking their portfolios. Volumes in Treasuries have fallen as traders refrain…
Short selling is a trading strategy where an investor borrows some stocks from a broker, betting that the price of the stock is going to decline in future, sells them at the current market value and buys them again at a lower price to make a profit. So, short sellers borrow shares from a broker,…
Shares of Zaggle Prepaid Ocean Services, a SaaS fintech company, were locked at a 5% upper circuit for the second consecutive trading session on Friday, March 28, reaching ₹361.85 apiece after the company approved the acquisition of a 45.33% stake in Effiasoft Private Limited (Effiasoft). “The Board of Directors of Zaggle Prepaid Ocean Services Limited…
Investment word of the day: Most investors track their investments’ performance to determine whether their strategies are achieving the desired results. Along with aligning with personal financial goals, checking an investment’s performance helps understand its relative performance to the benchmark index. One key measure to check this is alpha. What is alpha? Alpha, a technical…
Retaggio Industries IPO: The initial public offer (IPO) of Retaggio Industries, which opened for subscription on Thursday, March 27, was subscribed only 31% at the end of the first day of the book-building process. In the grey market, too, the demand for Retaggio Industries shares was absent as the stock traded at par with its…
Indian stock market benchmarks closed flat on Tuesday, March 25, as a stronger US dollar and lingering concerns over the impact of US tariffs on the global economy weighed on sentiment. The Sensex closed at 78,017.19, up 33 points, or 0.04 per cent, while the Nifty 50 settled 10 points, or 0.04 per cent, up…
(Reuters) -India’s benchmark indexes kicked off the week on a positive note, driven by banks and energy companies, setting them on course for a sixth consecutive session of gains. The NSE Nifty 50 BSE Sensex were each up nearly 1% at 23,547.95 and 77,554.59, respectively, as of 10:23 a.m. IST on Monday. All 13 major…
