Posts in category Economic Times
ETMarkets Smart Talk: Progressive Budget, normal monsoons & strong inflows will further re-rate markets: Amnish Aggarwal (21-06-2024)
We expect the NDA government to sustain focus on capex-led growth around PLI, Roads, Ports, Aviation, Defence, Railways, and Green energy, given a 20 bps lower fiscal deficit in FY24 (Than RE), normal monsoons, and Rs 2.1 lakh crore dividend from RBI.
Why Rajat Sharma prefers these 3 sectors to banks now (21-06-2024)
Keep an eye on fertilisers, gaming, and NBFC stocks more than banking, says Rajat Sharma of Sana Securities because in the GST meeting, the talk has been to do away with the middle GST slab and either have a 5% or an 18% slab or at least reduce some taxation.
BPCL bonus issue: Last day to buy shares to qualify before record date (21-06-2024)
BPCL had announced June 22 as the record date for its 1:1 bonus share issuance. Friday is the last day to buy shares to qualify for receiving the company's bonus shares. The bonus shares are expected to be credited to shareholders' accounts by July 8, as per a previous filing with the stock exchanges.
Nvidia loses top spot to Microsoft after 3% drop (21-06-2024)
Nvidia's shares declined, losing its title as the world's most valuable company to Microsoft. Nvidia's market capitalization dropped by $91 billion to $3.34 trillion, while Microsoft's value also decreased to $3.30 trillion.
Gold prices eye second weekly gain on boosted rate cut bets (21-06-2024)
Gold prices steadied as investors awaited retail sales data and interest rate changes amid economic uncertainties.
Nvidia’s $2.1-trillion gain in 2024 bigger than Sensex 30’s m-cap (21-06-2024)
Nvidia’s m-cap exceeds the m-cap of countries like France, Canada, Germany, and Australia.
Oil prices slip as rate hike worries come into focus (21-06-2024)
Crude oil futures slid on Friday due to higher interest rates in Asia and the U.S., with Brent futures at $85.60 and U.S. crude at $81.20. Japan's core consumer prices rose by 2.5% from last year.
Wall Street bucks global rally as bond yields rise (21-06-2024)
Wall Street's rally, driven by Nvidia and AI enthusiasm, saw record highs. European stocks were boosted by tech and real estate sectors. The STOXX 600 and FTSEurofirst 300 indexes rose, reflecting market optimism.