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National Aluminium Company Ltd (Nalco) delivered a knockout performance in FY25, but the metals major now finds itself staring at storm clouds in FY26 as aluminium prices soften and project delays weigh on future capacity. Nalco reported consolidated Ebitda (earnings before interest, taxes, depreciation, and amortization) of ₹2,755 crore in Q4FY25, a 150% year-on-year rise,…
India’s benchmark Nifty 50 index surged past the key 25,000 mark on Thursday, notching its highest close in seven months amid signs of easing geopolitical tensions. The rally coincided with the weekly derivatives expiry, pushing volume turnover on the National Stock Exchange to ₹1.28 trillion—the highest since 27 March’s ₹1.5 trillion mark. Besides, potential short…
Wall Street stocks declined sharply on Wednesday after data showed the US economy contracted in the first quarter, deepening concerns about the economic impact from President Donald Trump’s tariff policies. As of 1:10 PM Eastern time, the S&P 500 was down 1.2%. The Dow Jones Industrial Average was down 0.8%, and the Nasdaq Composite was…
NEW YORK (Reuters) -Oil prices fell nearly 3% on Monday on signs of progress in talks between the U.S. and Iran, while investors remained concerned about economic headwinds from tariffs which could curb demand for fuel. Brent crude futures were down $1.93, or 2.8%, at $66.03 a barrel by 12:49 p.m. EDT (1448 GMT), after…
US stock indices declined on Monday amid escalating US-China trade war and on possibility of Federal Reserve Chair Jerome Powell’s removal by President Donald Trump. At the opening bell, the Dow Jones Industrial Average fell 236.2 points, or 0.60%, to 38,906.04. The S&P 500 fell 49.8 points, or 0.94%, to 5,232.94, while the Nasdaq Composite…
By Caroline Valetkevitch, Amanda Cooper NEW YORK/LONDON -The latest escalation in the trade war between the United States and China rattled global markets again on Wednesday, with Treasuries and the U.S. dollar falling in a selloff of some U.S. assets. U.S. stocks edged higher, however, led by gains in technology shares as investors weighed whether…
US Markets Today: Pharmaceutical sector stocks fell at Wall Street open on Wednesday, April 9, after fear over the upcoming US tariffs on pharma imports spooked investors amid a raging trade war between the United States and other world nations. Stocks like Pfizer, Amgen, Johnson & Johnson, were among others which dropped on Wednesday as…