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

Futures for US stocks increased slightly. Following a week in which the major indexes saw a decline, the Dow had its worst weekly performance since October on Sunday night, raising concerns about a potential drop in reaction to record-high levels. Futures on the Nasdaq (NQ=F) recovered by around 0.5%. Futures linked to the Dow Jones