Following a report last week that the Trump administration ordered the Pentagon to reduce the U.S. defense budget, Palantir Technologies’ stock fell sharply on Monday, continuing its losses. The article sparked concerns that Palantir, a U.S. military contractor, would suffer consequences. After reaching a record high the day before, Palantir’s stock has dropped almost 25%…
During Monday’s trading session, Vedanta’s share price fell by more than 1%, indicating the market’s weakness. The Indian stock market is under pressure due to continuous selling by foreign institutional investors and global worries caused by Trump tariffs. Experts believe the ‘Sell India, Buy China’ trend will continue long since Chinese equities remain tempting. On…
The share prices of Prithvi Exchange (India) and ASM Technologies will be closely watched on Monday, February 24, as they both trade ex-dividend. The record date for assessing whether members are entitled to receive dividends was established on February 24, 2025. According to the February 24 record date, investors who acquired shares in these firms…
Citi is positive on IndiGo’s (InterGlobe Aviation Limited) shares. According to the brokerage business, the aviation industry has a significant market share and expects an increase in overall air traffic demand. It has boosted its target price by Rs 100. At 9:19 a.m., IndiGo shares were up 0.54 percent, trading at Rs 4535.15 per. The…
Adding new-age tech businesses Zomato and Jio Financial Services to the benchmark Nifty 50 is estimated to boost the index’s value by 2.5%. Zomato and Jio Financial Services will join the Indian stock market benchmark index Nifty 50 on March 28, 2025, as the National Stock Exchange (NSE) stated in the forthcoming semi-annual indices rearrangement….
Telecom industry revenue is expected to climb 16-17% year on year in the March quarter of FY25, which might boost the performance of big private carriers Reliance Jio and Bharti Airtel, while Vodafone Idea (Vi) is expected to have fewer subscriber losses in Q4FY25. Both firms are likely to post significant subscriber growth now that…
While Wall Street futures firmed on optimism that the results of AI diva Nvidia this week would justify the tech sector’s sky-high valuations, European equities, and the euro rose Monday as Germany’s election yielded no unpleasant shocks. While the single currency increased 0.5% to $1.0516 and appeared poised to hit its January peak of $0.10535,…
With markets forecasting the end of an era of restrained fiscal policy, Germany’s most consequential election in years sets the stage for a shift toward more expenditure. Following Germany’s conservative opposition leader Friedrich Merz’s resounding victory in Sunday’s federal election, the euro increased by 0.7% in Asian trade, as anticipated. Bond futures declined slightly, while…
In recent days, the United States’ gold reserves—particularly the Fort Knox stockpile—have drawn a lot of attention. Treasury Secretary Scott Bessent rejected revaluing the gold holdings to market values. However, one analyst stated that it would be optimistic for prices, which have already been rising sharply. According to a Wall Street expert, revaluing US gold…
Financial experts believe that the globalization of the animal spirits that propelled the US stock market over the last two years may only be beginning. Since US President Donald Trump took office, the S&P 500 Index has stagnated after rising more than 50% in 2023 and 2024. Despite the risks of tariffs, trade wars, and…