Posts in category Economic Times
Colgate-Palmolive shares tumble 4% despite healthy Q4 results (15-05-2024)
Despite Colgate-Palmolive reporting a 20% increase in net profit to Rs 379.8 crore for the March quarter and a rise in net sales, its shares dropped 4% on BSE.
Cryptocurrency Price on May 15: Bitcoin dips below $62k ahead of US inflation report today (15-05-2024)
Overnight data showed U.S. producer prices increased more than expected in April, indicating that inflation remained stubbornly high early in the second quarter.
Shares of Chola Inv Finance fall as Nifty drops (15-05-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 1162.04.
JP Morgan’s Rajiv Batra on why FIIs are selling and how to position portfolio now (15-05-2024)
Rajiv Batra of JP Morgan discusses the positive macroeconomic indicators in India, including PMI prints, the Sagar Mala initiative for waterways, and upgraded GDP forecasts. He highlights the growth potential in sectors like water transportation and domestic manufacturing. Batra says: "We are much more positioned on domestic cyclicals, domestic demand, which keeps us overweight on still financials, autos and real estate overall."
NSE to suspend trading in Brightcom Group shares, moves it to Z category (15-05-2024)
A circular issued by NSE stated that trading in securities of Brightcom Group will remain suspended until the company complies with the above regulation. After 15 days of suspension, trading in the securities of non-compliant companies would be allowed on a trade-for-trade basis in the Z category on the first trading day of every week for six months.
F&O stock strategy: How to trade in Ashok Leyland and NALCO? (15-05-2024)
Nifty traded in the red on Wednesday breaking its two-session winning momentum in the morning trade led by selling pressure in bank and auto stocks. Around 12 pm today, the 50-stock index was trading at 22,186.25, down by 31.60 points or 0.14%.
Marico shares drop 1.6% as Sensex falls (15-05-2024)
A total of 13,597 shares changed hands on the counter till 01:08PM (IST)
Industrials lift European shares to record high ahead of US inflation data (15-05-2024)
Europe's benchmark index climbed to a record high on Wednesday, as upbeat earnings boosted industrials and healthcare stocks, while investors buckled up for a highly anticipated U.S. inflation print.
Foreigners most short on Indian stocks since 2012 on poll jitters (15-05-2024)
The bearish positions in the derivatives market have come at a time when overseas investors have pulled out about $4 billion from local stocks since early April, reflecting a cautious outlook about the outcome of the elections.
Page Industries shares down 0.8% as Nifty drops (15-05-2024)
A total of 235 shares changed hands on the counter till 01:03PM (IST).