Nissan Motor’s shares plummeted by 10% after the company announced plans to slash 9,000 jobs and 20% of its global production capacity. This decision comes amidst declining sales in China and the United States. The automaker also reduced its annual outlook by 70% and withdrew its net profit forecast, citing restructuring efforts to combat the downturn.
Posts in category All News
Delhi Air Pollution: You Might Be The Reason? | What’s Causing The Delhi Air Pollution? (08-11-2024)
Nvidia surpasses $3.6 trillion market value after Trump win (08-11-2024)
Nvidia reached a historic $3.65 trillion market value, becoming the first company to surpass this threshold. This achievement was fueled by a broader market rally following Donald Trump’s election victory, which spurred optimism about potential tax cuts and deregulation.
Gold extends gains on Fed rate cut, but heads for weekly fall (08-11-2024)
Gold prices edged up slightly on Friday, extending gains following the Federal Reserve’s widely expected interest rate cut. The Fed’s decision was influenced by a cooling labor market and steady economic growth. Despite the recent uptick, gold prices were still down nearly 1% for the week.
Market today: US Fed rate cut, Wall Street at record, Swiggy, ACME IPO eyed (08-11-2024)
Wall Street closed at record levels on Thursday, after the US Fed cut interest rate by 25 bps. Announcements regarding more stimulus measure from China, quarterly results, and macroeconomic data to be
Dollar winds down after volatile week, China NPC in focus (08-11-2024)
The dollar steadied after a volatile week influenced by Donald Trump’s presidential win and its potential economic impact. Markets await details on China’s stimulus plans from the National People’s Congress meeting. The Federal Reserve’s cautious approach to future rate cuts and the Bank of England’s rate cut alongside optimistic UK economic forecasts also factored into currency movements.
US stocks close higher after Fed cuts interest rates (08-11-2024)
US stock market closed higher after the Federal Reserve cut interest rates. The rate cut followed Donald Trump’s return as US president. Market reacted positively to Trump’s policies. The Dow Jones Industrial Average remained flat. The S&P 500 and Nasdaq Composite gained. Communication services sector led the gains. Financials sector declined.
Here’s how to trade Nifty Pharma, FMCG and Energy indices on Nov 8; details (08-11-2024)
The Nifty Energy Index is currently trading within a well-defined range between 39,700 and 38,150
Nandish Shah of HDFC Securities suggests ‘Bull Spread’ strategy on Syngene (08-11-2024)
Short term trend of the Syngene remains strong as it is placed above its 5. 11 and 20 day EMA.