Posts in category Economic Times
NYSE glitch sparks volatility in dozens of stocks (04-06-2024)
A glitch at the NYSE caused major swings in Berkshire Hathaway and Barrick Gold shares, leading to trading halts in multiple companies. The issue was resolved, with impacted stocks resuming trading after a technical problem was fixed.
It’s a party on Dalal Street as India m-cap soars to Rs 426 lakh crore (04-06-2024)
Indian equities surged to new highs on Monday as investors reacted positively to the likelihood of the Bharatiya Janata Party (BJP) winning with a strong majority based on exit polls. Benchmark indices jumped over 3%, the biggest gain in four years.
Investors pour into India ETFs ahead of election result (04-06-2024)
Investors poured money into Indian company stocks ETFs ahead of Modi's predicted third-term win based on exit polls. India saw the largest inflow with $307.5 million, led by iShares MSCI India ETF. Market experts like Ashish Chugh from Loomis Sayles anticipate pro-growth policies under Modi's leadership.
Kedaara-backed Ajax Engineering is said to plan India IPO (03-06-2024)
The concrete equipment maker is planning its IPO in Mumbai in the fourth quarter, said sources A listing could value the company at $1.2 billion, and the company aims to file a prospectus for the share sale by August.
Kedaara-backed Ajax Engineering is said to plan India IPO (03-06-2024)
The concrete equipment maker is planning its IPO in Mumbai in the fourth quarter, said sources A listing could value the company at $1.2 billion, and the company aims to file a prospectus for the share sale by August.
RBI to conduct buyback auction of government bonds worth Rs 30,000 crore (03-06-2024)
The RBI, which is the Centre’s debt manager, will carry out the auction in which banks and other bond market participants can buy back five government securities, the central bank said on Monday. One of the securities matures this month while another one matures in July. Three of the securities will mature in November.
RBI to conduct buyback auction of government bonds worth Rs 30,000 crore (03-06-2024)
The RBI, which is the Centre’s debt manager, will carry out the auction in which banks and other bond market participants can buy back five government securities, the central bank said on Monday. One of the securities matures this month while another one matures in July. Three of the securities will mature in November.
Ahead of Market: 10 things that will decide D-Street action on Tuesday (03-06-2024)
D-Street settled at record closing high on Monday, led by financials, index heavyweight Reliance Industries and energy stocks. The volatility indicator ended 15% lower as exit polls predicted that PM Narendra Modi will retain power with a landslide victory. Momentum indicator Moving Average Convergence Divergence showed bullish trade on the counters of Amines & Plasticizers, Advait Infratech, and AMIC Forging, among others.