The market upward moves were also supported by comments from President Biden on new China tariffs. President Biden stated on Tuesday that the administration’s decision to announce a new wave of tariffs across an array of Chinese goods. The White House plans to raise duties on $18 billion in Chinese imports, which include electric vehicles, steel, aluminum, semiconductors, medical devices, and more.
Posts in category Business Standard
Indices could see flat opening (15-05-2024)
GIFT Nifty:
Infosys inks pact with First Abu Dhabi Bank to modernize IT infrastructure (15-05-2024)
Infosys has announced a multi-year strategic collaboration with First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates (UAE), to optimize and modernize FAB’s IT infrastructure services.
Stocks to watch on May 15: M&M, Radico Khaitan, Macrotech Developers (15-05-2024)
Across Asia, market sentiment is predominantly positive, tracking Wall Street gains. At 7:26 AM, Japan’s Nikkei rose 0.47 per cent, while Korea’s Kospi soared 0.11 per cent
Stock Market LIVE: Mid, SmallCap indices gain 1%; Cipla rallies 4%, Siemens 8% (15-05-2024)
Stock Market LIVE updates on Wednesday, May 15, 2024: Sectorally, the Nifty PSU Bank index rose over 1 per cent, followed by the Nifty Media, and Metal indices (up 0.6 per cent each)
Gold price declines Rs 10 to Rs 72,810, silver rises Rs 100 at Rs 87,300 (15-05-2024)
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 72,960, Rs 72,810, and Rs 72,970, respectively
LS polls 2024: Stock market slump doesn’t mean PM Modi is in trouble (15-05-2024)
Indian politics is complicated enough to predict without throwing stock prices into the mix as well, Mihir Sharma writes
PDS consolidated net profit declines 19.09% in the March 2024 quarter (15-05-2024)
Sales rise 17.27% to Rs 3215.18 crore
Themis Medicare consolidated net profit declines 21.05% in the March 2024 quarter (15-05-2024)
Sales rise 22.12% to Rs 97.82 crore
Sumedha Fiscal Services reports consolidated net profit of Rs 1.79 crore in the March 2024 quarter (15-05-2024)
Sales rise 227.83% to Rs 32.98 crore