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Renowned investor Vijay Kedia trimmed his stake in Precision Camshafts by 1.05% in the March quarter, reducing his holding in the company to 1.05% from 2.10% in the preceding December quarter. Apart from his personal holding, Kedia, through his brokerage firm Kedia Securities, maintained 1.05% stake in the company at the end of the March…
In early April 2025, global financial markets were jolted by a sharp and unexpected escalation in trade policy. US President Donald Trump announced sweeping reciprocal tariffs targeting nearly every major trading partner, a move that went beyond the tit-for-tat approach of previous years. US equities had the biggest decline in dollar value terms, losing $5.3…
The dominant group of U.S. stocks known as the “Magnificent Seven” is bouncing back, helping power the broad rally on Wall Street. Chipmaker Nvidia and Tesla are leading the pack in midday trading with a gain of 5.5% and 5.4%, respectively. Microsoft, Apple, Amazon, Meta Platforms and Google parent Alphabet are all up between 3%…
Wipro Q4 Update: India’s fourth-largest IT major will declare its January-March quarter results on April 16, 2025. The Srinivas Pallia-led tech giant reported a 24.5 per cent rise in its consolidated net profit to ₹3,353.8 crore during the third quarter of the current fiscal year, compared to ₹2,694.2 crore in the year-ago period. Revenue from…
Trump Media stock slid on Wednesday after the company disclosed in a securities filing the possibility of significant stock sales, including by insider shareholders such as the president’s trust. The parent company of Truth Social said in a filing dated April 1 that the company could soon sell roughly 8.4 million shares of common stock…
Foreign portfolio investors (FPIs) have continued their unpredictable stance on Indian equities in 2025, marked by sharp outflows early in the year followed by renewed buying interest in March. Despite heavy selling in January and February, FPIs turned buyers towards the end of March, helping the benchmark Nifty recover by nearly 6 percent. However, concerns…
