Gold prices experienced a sharp decline following Donald Trump’s victory in the US presidential election. Traders, initially concerned about a potential rise in the US fiscal deficit due to Trump’s proposed growth stimulation policies, drove an initial surge in gold prices. However, as markets embraced Trump’s growth vision, gold prices fell.
Posts in category All News
Genpact Q3 Net income rises 13% to $133 million (10-11-2024)
Genpact, a global professional services firm, reported a 13% rise in net income to $133 million for Q3 2024, driven by a 7% increase in revenue to $1.21 billion. The company forecasts continued revenue growth in the fourth quarter and full year, fueled by client demand for its data, technology, and AI solutions.
Divi’s Laboratories Q2 Results: Company posts 47% jump in net profit in Q2FY25 (10-11-2024)
Divi’s Laboratories witnessed a 46.6% surge in profit, reaching Rs. 510 crores in Q2FY25, fueled by robust growth in their custom synthesis business. This growth was driven by increased demand from new and existing customers seeking supply chain diversification beyond China.
Will Nifty break out of 24,000-24,500 range this week? Top 5 factors to track (10-11-2024)
“Consolidation continued in the market as investors stayed cautious due to disappointment in earnings and the flight of FIIs. The US Fed continued its rate-cutting cycle to stimulate the economy and is expecting a similar 25-bps rate cut in December policy meet amid moderation in inflation. While inflation in India is estimated to increase in October and the strengthening USD would reinforce RBI to hold the rate in the near-term,” said Geojit’s Vinod Nair.
Manappuram Finance (10-11-2024)
Explains why manappuram finance stock price is low compared to muthoot finance. We keep hearing insurances like these where upper management gets into trouble.
Aurobindo Pharma Q2 net profit rises 8.6% to Rs 817 crore in Q2FY25 (10-11-2024)
Aurobindo Pharma witnessed an 8.6% YoY increase in net profit, reaching Rs 817 crore in Q2 FY25, driven by robust sales in Europe and growth markets. Despite a dip in US formulations revenue, the company’s overall revenue rose by 8% YoY.
Great articles to read on the web (10-11-2024)
Makes me wonder about the fragility of financial markets, the intricate structures, the perception of value, the actions of participants, regulatory limitations, the interconnectedness.
GFC always fascinates me and scares me, makes me think.
Money, Power and Wall Street, Part One (full documentary) | FRONTLINE
Money, Power and Wall Street, Part Two (full documentary) | FRONTLINE
Money, Power and Wall Street, Part Three (full documentary) | FRONTLINE
Money, Power and Wall Street, Part Four (full documentary) | FRONTLINE
Kontor Space Limited (10-11-2024)
Hi everyone! I’ve written a blog on the co-working industry, covering from growth drivers to how analysts/investors can evaluate this sector. Do check it out! Any feedback would be appreciated Thank you.