Posts in category Economic Times
Oil prices fall after Iran attack as market draws down risk premium (15-04-2024)
Brent futures for June delivery fell 24 cents to $90.21 a barrel while West Texas Intermediate (WTI) futures for May delivery were down 38 cents at $85.28 a barrel by 1256 GMT.
Dollar stands tall as US rate-cut bets recede (15-04-2024)
The dollar went up 1.6% against a basket of six major currencies last week after a small but unnerving upside surprise in U.S. inflation cast doubt over bets on U.S. rate cuts, while European policymakers signalled a cut within a few months.
Investors brace for a volatile week on D-Street (15-04-2024)
"Investors need to brace themselves for increased volatility in the coming week, given the heightened geo-political temperatures," said Aamar Deo Singh, Sr. Vice President, Research, Angel One.
Metal traders see price rising after LME Russia ban (15-04-2024)
But there are disagreements about the broader impact of the move: Some argue that removing one of the largest producers from the market will drive prices higher, while others are focusing on the prospect of a flood of old Russian metal getting dumped onto the LME.
Ex-Reliance Industries CFO joins Modulus as equity partner (15-04-2024)
He will enter with 17.3% equity stake, which is set to increase over a period of time. Modulus is raising its second fund, targeting growth in the Indian private credit market, projected to be a $100-billion opportunity.
Not participating in India would be a big miss: TCS CEO K Krithivasan (15-04-2024)
TCS anticipates growth in India with a recent BSNL deal. CEO Krithivasan focuses on new markets and expresses optimism about future IT industry demand. The company's strategic deal approach and high margins drive continued success amid market challenges.
Volatility may cap Nifty at 22,500; trade cautiously (15-04-2024)
ICICI Bank, Reliance Industries, Mahindra & Mahindra, Eicher Motors, SAIL, IRCTC, City Union Bank and Tata Motors are among the stocks recommended by analysts for the short term.
Stocks in news: TCS, Anand Rathi, Aster DM, Bharti Hexacom, Varun Beverages (15-04-2024)
IT bellwether TCS reported better than expected numbers for the fourth quarter ended March as its profit rose 9% year-on-year to Rs 12,434 crore. Revenue from operations, meanwhile, jumped 3.5% year-on-year.