Posts in category Economic Times
Sebi’s rumour verification rule and its implications (03-06-2024)
A new Sebi rule requires top listed companies to confirm, deny, or clarify market rumours reported in mainstream media, focusing on material impacts on share prices.
Binance stops cash payment for P2P trades (03-06-2024)
Binance, the world's largest cryptocurrency exchange, has halted 'cash deals' for P2P trades in India, affecting traders who used the rupee 'cash option' to avoid tax regulations.
Stocks in news: Adani Ports, REC, Maruti Suzuki, Hero MotoCorp, MosChip Tech (03-06-2024)
Equity markets await BJP's election outcome on June 4. GSK's Blenrep shows promise for multiple myeloma. NMDC reports 37% production fall in May.
Adani third Indian business house to cross $10-b mark in operating profit (03-06-2024)
Adani Group joins Tata Group and Mukesh Ambani's Reliance Group in achieving $10 billion annual operating profit in FY24 despite challenges.
RBI unlikely to cut rates; Sustained vigil on inflation expected (03-06-2024)
RBI to hold rates on strong GDP growth. Inflation within target range but food inflation high. RBI cautious on weather impact.
Brokers make trading costlier to discourage risky bets (03-06-2024)
Brokers in Mumbai are increasing trading costs ahead of the election results to mitigate risks. Measures include raising margins and seeking more collateral. The BSE advised caution in placing orders, with HDFC Securities and ICICI Securities implementing changes in margin requirements.
GIFT Nifty jumps 650 points; here’s the trading setup for today’s session (03-06-2024)
Equity markets faced pressure last week due to election uncertainties and FII selling. Analysts predict a positive market reaction on Monday post BJP win in exit polls.
FPIs may cut bearish bets, releasing bulls on D-Street today (03-06-2024)
Foreign portfolio investors (FPIs) hold record bearish positions in index futures - mainly the Nifty - pegged at $2.8 billion, or ₹23,400 crore, in terms of contract value, according to Nuvama Research data.
Sinking profits bring reality check to AI-driven rally in emerging market stocks (02-06-2024)
Unilever Plc’s Indian unit reported a 5.5% drop in net income for the first quarter, missing analyst estimates. Behind the decline was sluggish rural demand combined with high net-worth urban consumers pivoting to other brands. Similar trends can be seen elsewhere, with Chilean retailer Cencosud SA, restaurant chain operator Yum China Holdings Inc. and Swiss-South African jeweler Compagnie Financiere Richemont SA all delivering weaker-than-expected results.