Posts in category Economic Times
Adani Ports tops global peers in market value as cargoes surge (18-06-2024)
Adani Ports & Special Economic Zone Ltd.’s market capitalization has climbed to about $37 billion, overtaking peer Beijing-Shanghai High-Speed Railway Co. Rising cargoes and entry into India’s benchmark S&P BSE Sensex Index may extend its rally.
Bank of Baroda shares rise 0.34% as Sensex climbs (18-06-2024)
A total of 435,592 shares changed hands on the counter till 12:07PM (IST)
Nykaa shares jump 3% as management remains positive on growth. Should you buy, sell or hold? (18-06-2024)
Shares of FSN E-commerce Ventures, Nykaa's parent company, rose 3% on BSE to Rs 176.60 after an investor meeting where management expressed confidence in business growth. They anticipate healthy GMV growth in BPC, targeting mid-to-high 20s over FY2024-28E. Fashion business is expected to break even by FY2026. GCC expansion may require $3-5 million in capex medium-term.
Share price of Chola Inv Finance jumps as Sensex gains 275.25 points (18-06-2024)
Promoters held 50.21 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 26.0 per cent and 14.09 per cent, respectively.
Japan’s Nikkei ends firmer as investors buy shares after sharp drop (18-06-2024)
Japan's Nikkei share average rose 1% at 38,482.11 on Tuesday, rebounding from a 1.8% drop the previous day. Tokyo Electron and TDK saw significant gains, while uncertainties about the Bank of Japan's policy path affected investor sentiment.
Share price of Adani Power rises as Nifty strengthens (18-06-2024)
A total of 368,951 shares changed hands on the counter till 11:56AM (IST).
High yield credit investing due for exponential growth in India (18-06-2024)
High Yield Credit funds, also called 'Performing Credit' funds, primarily invest in bonds issued by SMEs or structured corporate issuances. These bonds are typically bilateral agreements between issuers and investors, characterized by low liquidity, which translates into higher yields for investors.
Paytm shares surge 4% on talks to sell movie ticketing business to Zomato (18-06-2024)
If the deal goes through, it will be among the largest buyouts for Zomato after it acquired Uber Eats in 2020 and took over quick commerce platform Blinkit in 2021 in an all-stock deal valued at Rs 4,447 crore.
Sebi plans tweaks to address derivative trading risks: Report (18-06-2024)
India's markets regulator, SEBI, is considering tweaks to derivative trading rules to address risks from the explosive growth in options trading. The rules aim to regulate retail trading and involve discussions with fund houses.
Musk plans stock option grants to Tesla’s high-performers: Report (18-06-2024)
Elon Musk plans to introduce stock-based compensation at Tesla following shareholder approval of his $56 billion pay plan. The company aims to provide stock option grants for exceptional performance and award spot option grants for outstanding contributions amidst sales slowdown and intensifying price competition from Chinese rivals.