Market News

Angel One share price soars over 10.5% on robust performance in Q2

Angel One share price soars over 10.5% on robust performance in Q2

Leading Indian retail full-service broking company Angel One’s shares recorded a notable increase of 10.53% in early morning trade on Tuesday, October 15, reaching ₹3,010 per share. For the first time since mid-April, the stock price crossed the ₹3,000 per share threshold. The company’s best-ever quarterly performance for the three months ended September 2024 (Q2

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Garuda Construction and Engineering lists at ₹105, up 9.5% from IPO price

Garuda Construction and Engineering lists at ₹105, up 9.5% from IPO price

Garuda Construction and Engineering’s stock had a strong opening on the exchanges today. It went public on the NSE at ₹105, 9.5 per cent over its IPO price of ₹95. In the meantime, it floated at ₹103.20 on the BSE, up 8.63 per cent from the issue price. The ₹264.10 crore initial public offering (IPO)

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Wall Street Week Ahead: Investors eye ECB policy, US poll buzz, Q3 earnings

Wall Street Week Ahead: Investors eye ECB policy, US poll buzz, Q3 earnings

This week, investors will be closely monitoring corporate earnings releases, retail sales data, and unemployment claims reports to further validate the economic resilience that has bolstered equity markets this month. This will put the US consumer confidence in the focus. The benchmark S&P 500, which has gained more than 21% this year, is poised to

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Sudarshan Chemical shares surge 20%, hit 52-week: Know More About It

Sudarshan Chemical shares surge 20%, hit 52-week: Know More About It

After the company announced that it was acquiring the global pigment division of Germany’s Heubach Group, shares of Sudarshan Chemical Industries surged 20% on Friday, October 11 to reach a 52-week high. The company in an exchange filing today said, “… Sudarshan Chemical Industries Limited has entered into a definitive agreement on 11th October 2024,

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Canada's TSX touches record high after strong domestic jobs data

Canada’s TSX touches record high after strong domestic jobs data

The rally in mining companies propelled Canada’s main stock index to a new high on Friday, as worries about a fragile labour market were allayed by an unexpected drop in the country’s unemployment rate. The composite index of the S&P/TSX of the Toronto Stock Exchange. The GSPTSE reached an all-time high of 24,482.62 in the

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Housing finance companies may miss out on festive demand

Housing finance companies may miss out on festive demand

The RBI should have lowered key lending rates to increase house demand during the current holiday season, according to Realtors’ apex body Credai, which also asked that the apex bank take lowering the repo rate into consideration at its upcoming meeting. The Reserve Bank of India (RBI) relaxed its very hawkish policy stance to “neutral”

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Stocks climb on bank earnings boost, US yields falls

Stocks climb on bank earnings boost, US yields falls

U.S. bank profits sent global markets higher on Friday, putting them on pace for a weekly gain. Meanwhile, U.S. Treasury costs mainly decreased as readings on consumer confidence and inflation reinforced predictions over the trajectory of rate cuts by the Federal Reserve. September’s U.S. producer price index for final demand was steady, slightly less than

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Telcos have headroom for more 15% tariff hikes in FY27, says JPMorgan

Telcos have headroom for more 15% tariff hikes in FY27, says JP Morgan

Due to the low cost of services compared to other Asian nations and the favourable regulatory climate, telecom companies such as Bharti Airtel and Vodafone Idea have the leeway to impose an additional 15% tariff hike in FY27, according to analysts. Analysts at JPMorgan have determined that annual pricing hikes are necessary for Vodafone Idea,

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