Posts in category All News
Sensex tumbles 1,000 pts intraday: Why are stock markets falling today? (10-07-2024)
The NSE Nifty50 fell 1.19 per cent or 291 points, reaching a low of 24,141.80 levels
Broking stocks slide on Sebi pivot (10-07-2024)
Shares of brokerages and market infrastructure institutions (MIIs) witnessed heavy selling pressure following the Securities and Exchange Board of India's (Sebi's) pivot to a uniform fee structure, which analysts fear could dent revenues. Discount brokerages, which currently benefit from a spread between client charges and exchange fees, are expected to be most affected. Shares of Angel One, the third-largest brokerage by active clients, fell 8.7 per cent. Groww and Zerodha, the largest brokerages, are not publicly listed.
Indian Hotels shares decline 0.37% as Sensex slides (10-07-2024)
A total of 51,721 shares changed hands on the counter till 11:47AM (IST)
Telecom equipment manufacturing sales cross Rs 50000 crore milestone under PLI Scheme (10-07-2024)
Powered by Capital Market - Live News
Jubilant Food declines 0.48% as Sensex slides (10-07-2024)
The stock traded at a P/E multiple of 94.36, while the price-to-book value ratio stood at 13.63.
Dollar Index Stays Cautious As Powell Maintains Balanced Tone; US Data In Focus (10-07-2024)
The US dollar is staying cautious along the sidelines on Wednesday morning in Asia awaiting further clarity from US data due later this week that could throw some light on Federal course of action. US 10-year Treasury note yield steadied around 4.3% on Wednesday, finding some support after Federal Reserve Chair Jerome Powell reiterated the central banks cautious approach on interest rate cuts. Powell said the Fed needs more supporting data that inflation is moving sustainably toward 2% before reducing rates. However, he warned that maintaining restrictive policy for too long could unintentionally weaken economic activity and employment. Investors now look ahead to Powells appearance before the House on Wednesday, as well as key US inflation figures later this week for further clues on the monetary policy path. Currently, dollar index futures are quoting at 104.81, flat on the day. Among the basket currencies, EURUSD and GBPUSD are trading marginally higher at $1.0851 and $1.2797 ...