Japan’s Nikkei share average fell in choppy trade on Monday, despite gains in technology stocks, as caution ahead of a domestic election and corporate earnings weighed on sentiment.
Shree Cements shares decline 0.49% as Sensex slides (21-10-2024)
A total of 196 shares changed hands on the counter till 01:17PM (IST)
European shares start the week on muted note, with key earnings on tap (21-10-2024)
European shares kicked off the week broadly unchanged on Monday, after two back-to-back weekly gains, as investors brace to assess a series of corporate earnings.
Motilal Oswal predicts 35% upside in Raymond Lifestyles, initiates coverage with ‘buy’ rating (21-10-2024)
Motilal Oswal has begun coverage of Raymond Lifestyle (RLL) with a buy rating and a target price of Rs 3,200, anticipating a transformative journey for the company. This target price suggests a potential upside of 32% from its previous closing price of Rs 2,364 on Friday.
Bitcoin jumps above $69,000, reaching 3-month high as Trump’s election odds increase (21-10-2024)
In the past 24 hours, major cryptocurrencies saw gains: BNB rose 1.7%, Solana 7%, XRP 2%, Dogecoin 5.6%, Cardano 5.5%, and Shiba Inu 3%. Chainlink and NEAR Protocol increased by 5% and 6%, respectively. Bitcoin’s market cap reached $1.364 trillion, with a 57.17% dominance and a 71.5% volume rise to $23.56 billion.
Shares of Adani Power fall as Nifty drops (21-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 632.23.
India’s exports of software services up 2.8% in FY24 (21-10-2024)
Reserve Bank of India (RBI) has released the data related to the 2023-24 round of its annual survey on computer software and information technology enabled services (ITES) exports. The survey collects details on India’s exports of software services {computer services and ITES/business process outsourcing (BPO) services} as per type of activity, on-site/off-site nature of services, country of destination and modes of supply. For 2023-24 round of the survey, 7,226 software export companies were contacted, of which 2,266 companies, including most of the large companies, responded. The participating companies together accounted for nearly 89 per cent of total software services exports in India.
‘Kazan beckons but sadly Manipur still awaits’: Congress’ dig at PM ahead of BRICS summit (21-10-2024)
PM Modi is set to attend the BRICS Summit in Kazan, Russia, despite Congress urging him to prioritize visiting violence-hit Manipur to restore peace. The summit, involving Brazil, Russia, India, China, Egypt, Iran, UAE, and Ethiopia, aims to strengthen economic and political collaboration.
RBL Bank slumps after Q2 PAT slides 24% YoY (21-10-2024)
RBL Bank dropped 14.29% to Rs 176.10 after the private lender’s net profit declined in Q2FY25 quarter.