From a 3% downtick in a single day to rallying 3% the next day, the Ukraine-Russia stand-off in eastern Europe resulted in wild swings on the bourses all through the week. Our preferred sectors include domestic cyclicals such as Financials, Industrials and Infra, Building Material and Auto, while we would also be positively biased on […]
“Volatility is expected to remain high next week as well, given the crucial meeting between the US and Russia. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these […]
The country’s largest listed apparel players clocked in sales exceeding pre-pandemic levels, aided by festival sales, easing restrictions, increased pace of vaccination, pent-up demand, and a favourable base. Trent, which has been outperforming the sector over the last year and a half on the revenue growth front, topped the sales charts again with a year-on-year […]
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. …Read the full story
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. …Read the full story
Finance Minister Nirmala Sitharaman will present the Union Budget 2022-23 in the Parliament today, 1 February 2022. Overseas, Asian stocks are trading higher on Tuesday, tracking stocks on Wall Street as they surged for a second session. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest […]
Dr Reddy’s, India’s third-largest listed pharmaceutical company by market capitalisation, posted a steady performance for the December quarter. Within emerging markets, the rest of the world segment saw sharp 46 per cent growth aided by product launches and higher sales volumes for the base business. Business Standard has always strived hard to provide up-to-date information […]
News of the possible deployment, announced on Jan. would increase its troop presence in NATO countries in Eastern Europe if Russia invades Ukraine as it seems poised to do. While Biden acknowledges that Ukraine is not a member of NATO, he emphasized that neighboring countries Poland and Romania are, and that the U. Yet the […]
India on Tuesday reported 2,55,874 COVID-19 cases in the last 24 hours down from 3,06,064 infections a day before, according to the Union Ministry of Health and Family Welfare data. EBITDA before non-operating income in the third quarter was Rs 550 crore, which is lower by 14% over the same quarter last year. The auto […]
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. …Read the full story
The fast growth of green energy capacity in the country is attracting new-age entrepreneurs to develop business ideas to tap a generation which is ready to go green. Entrepreneurs are trying to lure investors to such platforms with monthly returns, carbon credits and even discounts on electricity bills. Business Standard has always strived hard to […]
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. …Read the full story
Large acres of land need to be cleared which leads to a loss in biopersity, soil depletion due to extra use of fertilizers as well an increase in the levels of carbon pollution. Therefore the policy of reforestation will further fulfill the United Nations Sustainable Development Goals no: 13 which is Climate Change and UN […]
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, fell 1.3%, or 32.78 points, to 2,491.96. Prior to market opening, the People’s Bank of China set the midpoint rate CNY=PBOC at 6.3692 per dollar, 41 pips weaker than the previous fix of 6.3651. Business Standard has always strived hard to provide up-to-date information […]
On the negative side, NTPC slipped 2 per cent. The broader indices were also considerably in red – the BSE Midcap and Smallcap were down 1.2 per cent and 0.6 per cent, respectively. Among sectoral indices, the BSE Bankex, Oil & Gas, Power and Realty indices were down around 1.5 per cent each. The BSE […]
Resource stocks were among the top gainers in the bourse, with rare earth-related firms leading the charge after reports that China has set up a national rare earths company that will operate under the state asset regulator. Prior to market opening, the People’s Bank of China set the midpoint rate CNY=PBOC at 6.3651 per dollar, […]
The Australian share market finished higher for fourth consecutive session on Thursday, 23 December 2021, as risk sentiment was lifted up on ease concerns about the severity of the Omicron coronavirus variant after an oral COVID-19 drug was approved in the United States and South African study suggests reduced risks of hospitalisation and severe disease […]
The Australian share market finished higher for fourth consecutive session on Thursday, 23 December 2021, as risk sentiment was lifted up on ease concerns about the severity of the Omicron coronavirus variant after an oral COVID-19 drug was approved in the United States and South African study suggests reduced risks of hospitalisation and severe disease […]
The recent bout of profit-booking has eased concerns surrounding valuations in the market. Gaurav Garg, head of research at CapitalVia, echoes a similar sentiment and says that the current market sentiments have put almost all the IPOs on backfoot and we have seen muted listings on most of them. While 2021 was huge for IPOs, […]
The stock could not hold on to its gains and ended the session at Rs 1,394.5 — a gain of 35 per cent above its issue price. Investors, including Fidelity, Nomura, Goldman Sachs, Morgan Stanley, Aberdeen, HSBC, and White Oak, were allotted shares. The company is a data and technology product and platform company, offering […]