Posts in category Economic Times
Yen clings to sharp gains after suspected intervention, Fed in focus (30-04-2024)
The Japanese currency was trading a touch lower 0.16% at 156.56 per dollar, but was well off its 34-year low of 160.245 hit on Monday when traders say yen-buying intervention by Tokyo drove a sizeable rebound of nearly six yen.
Wall Street stocks finish higher as investors focus on Fed moves (30-04-2024)
Tesla shares surged 15.3%, after the electric vehicle maker made progress in securing regulatory approval to launch its advanced driver-assistance program in China, its second-largest market after the U.S.
Bulls score big on the rebound; indices jump 1% (30-04-2024)
The NSE Nifty rose 223.45 points, or 1%, to close at 22,643.4 on Monday. The BSE Sensex rose 941.12 points, or 1.28%, to end at 74,671.28. "We think that the market is looking healthy," said Sandeep Raina, executive vice president, research, Nuvama Professional Clients Group. "The direction will be determined by the (corporate) results in the next 20-30 days."
Bulls score big on the rebound; indices jump 1% (30-04-2024)
The NSE Nifty rose 223.45 points, or 1%, to close at 22,643.4 on Monday. The BSE Sensex rose 941.12 points, or 1.28%, to end at 74,671.28. "We think that the market is looking healthy," said Sandeep Raina, executive vice president, research, Nuvama Professional Clients Group. "The direction will be determined by the (corporate) results in the next 20-30 days."
Pre-market action: Here’s the trade setup for today’s session (30-04-2024)
"We expect the Nifty to continue its positive trend, on the back of a healthy earning season and macro data. Investors will watch out for European consumer Confidence data and China Manufacturing & Non-Manufacturing data on the economic front," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Pre-market action: Here’s the trade setup for today’s session (30-04-2024)
"We expect the Nifty to continue its positive trend, on the back of a healthy earning season and macro data. Investors will watch out for European consumer Confidence data and China Manufacturing & Non-Manufacturing data on the economic front," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Stocks in news: Ultratech, IOC, Adani Energy, Adani Total Gas, Kfin Tech, Tata Chemicals (30-04-2024)
Spandana Sphoorty reported consolidated net profit of Rs 122 crore for the quarter ended March 2024. The net interest income jumped 21% year-on-year.
NSE to assess Linde India’s related-party transactions (30-04-2024)
NSE has to share the valuation report with Sebi and the company. Within two weeks of receiving the valuation report, Linde should place it before the audit committee and board of directors, the regulator said in an interim order.