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Wall Street’s key stock indices rose on Thursday after a US court blocked many of President Donald Trump’s tariffs and on better than expected Nvidia earnings. The US Court of International Trade late on Wednesday ruled that Trump’s broad imposition of tariffs had overstepped his authority, barring most of the duties announced since he took…
New Delhi [India], : Despite a surge in interest around gold as a strategic hedge against market volatility and inflation, institutional investors remain hesitant to significantly increase their exposure, according to a report by Liechtenstein-based investment and asset management firm Incrementum. According to an analysis of the global markets, family offices allocate just one per…
Donald Trump announced that steelmaker US Steel will stay in America, with its headquarters in Pittsburgh. Following the announcement, the shares of US Steel surged nearly 24 per cent on Friday, reported AFP. Trump claimed that the partnership of US Steel with Nippon Steel is expected to generate 70,000 jobs and inject $14 billion into…
State Bank of India (SBI), the country’s largest public sector lender, has emerged as the most profitable bank in India for FY25, outpacing leading private sector peers such as HDFC Bank and ICICI Bank. SBI alone accounted for over 40% of the total net profit generated by all listed public sector banks during the fiscal…
Shares of Emcure Pharmaceuticals were locked in a 10 percent upper circuit at ₹1,288.65 on Friday, May 23, as the stock extended its rally for a second straight session. The rally comes on the back of a strong performance for the quarter ended March 2025 (Q4FY25). The stock had already surged nearly 9 percent in…
OPEC members are discussing making a third consecutive oil production surge in July, to be decided at the group’s meeting in just over a week, delegates said. An output hike of 411,000 barrels a day for July — triple the amount initially planned — is among options under discussion, although no final agreement has yet…
Defence stocks to buy: Indian defence shipyard companies, including Mazagon Dock Shipbuilders, Garden Reach Shipbuilders, and Cochin Shipyards, are expected to see improvements in their fundamentals, fueled by strong orders, supportive policies, and government investment, according to domestic brokerage firm Antique Stock Broking. In its latest “India Defence Sector” report, the brokerage highlighted the significant…
Coal India Ltd’s (CIL) consolidated Ebitda for the March quarter (Q4FY25), adjusted for overburden removal write-back, rose 5% year-on-year to ₹11,200 crore, aligning with expectations. The increase marks a recovery after two consecutive quarters of Ebitda decline, driven by cost control measures and the stabilization of e-auction prices. Notably, employee costs, which account for over…
Wall Street’s key stock indices opened higher on Thursday on likely trade agreement between the United States and the United Kingdom. US President Donald Trump said he was set to announce a trade deal with the UK. At the opening bell, the Dow Jones Industrial Average rose 198.6 points, or 0.48%, to 41,312.57. The S&P…
Stock Market Today: Indian paint stocks, including Asian Paints, Berger Paints, and Kansai Nerolac, traded higher in Monday’s session (May 5), reflecting the broader positive momentum in the Indian stock market after crude oil prices dropped sharply amid rising global supplies. Falling crude oil prices are a boon for India, which imports around 85% of…