Posts in category Economic Times
Ahead of Market: 10 things that will decide D-Street action on Friday (13-06-2024)
Nifty range-bound flat closing for the last four days indicates a pause before a sharp move. The direction of this move is not yet known, at least not before any directional breakout. Solar Industries, Titagarh Rail Systems, Carborundum Universal, Paras Defence and Space Technologies showed bullish bias.
ARCL executes first tripartite repo in corporate debt (13-06-2024)
ARCL Tri-party repo product in corporate debt securities was launched by Finance minister Nirmala Sitharaman in July last year.
10-year benchmark sovereign bond yield slips below 7% (13-06-2024)
Yield on the 10-year securities retreated to 6.98% Thursday after India's retail inflation eased to a one-year low of 4.75% in May, as against an 11-month low of 4.83% the previous month.
Gold trims decline after US producer prices data (13-06-2024)
Gold prices trimmed losses on Thursday after weaker-than-expected U.S. producer inflation data raised hopes for two rate cuts in 2024, even as the Federal Reserve's projections called for just one cut this year.
Morgan Stanley buys 3.13 crore shares of L&T Finance for Rs 534 crore via block deal (13-06-2024)
Bain Capital sold 8.82 crore shares of the company through its affiliates BC Asia Investment VI and BC Asia Growth Investment. For sometime, it has been planning a complete exit from L&T Finance by selling its existing stake.
Musk says Tesla shareholders voting for his pay by ‘wide margins’; stock soars 5% (13-06-2024)
Tesla boss Elon Musk claimed victory in a closely-watched shareholder vote to approve on Thursday a multibillion-dollar pay package seen as critical in keeping the mercurial CEO at the electric auto company.
Market Trading Guide: Shriram Finance, Godrej Properties among 3 stock recommendations for Friday (13-06-2024)
Continuing its upward trend for the second consecutive day, the 30-share BSE Sensex surged 538.89 points to reach a lifetime peak of 77,145.46. It concluded the session at a new record high of 76,810.90.
These 5 capital goods stocks hit fresh 52-week highs; rallied up to 30% in a mont (13-06-2024)
52-week high mark suggests a stock's peak value over the last year. It’s an important metric for traders and investors.
These 5 capital goods stocks hit fresh 52-week highs; rallied up to 30% in a mont (13-06-2024)
52-week high mark suggests a stock's peak value over the last year. It’s an important metric for traders and investors.
Broadcom soars as demand for AI chips powers forecast raise (13-06-2024)
Broadcom surged about 15% on Thursday as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the euphoria.