Stock Market Today: The positive news flow led by India and Pakistan Ceasefire and the progress in tariff negotiations between US and China meant that the Benchmark Nifty-50 Index ended 3.82% higher at 24,924.70. The Bank Nifty also gained 3.34% to 55,382.85, while all the sectors led by IT , Metals and Realty saw sharp…
● Key metrics: P/E: N/A, 52-week high: ₹ 106, volume: ₹ 24 crore ● Technical analysis: Reclaimed its 50-DMA ● Risk factors: Volatility in advertising revenue, high investment costs, and profitability pressure ● Buy at: ₹ 45.20 ● Target price: ₹ 56 in three months ● Stop loss: ₹ 40 Also read: Asian Paints sees…
Amazon Inc. share price jumped more than 7 per cent in the US market session on Monday, May 12, after the US-China deal showed optimism of a 115 per cent tariff cut between the two nations, easing the ongoing trade war. (This is a developing story. Please check back for updates.) Disclaimer: The views and…
China’s expanding geopolitical ownership shows that the Asian nation owns a significant stake in Pakistan and Bangladesh’s stock exchanges by acquisition through the consortium method, official filings data show. In 2017, China acquired a 40 per cent stake in the Pakistan Stock Exchange (PSE), though a consortium of companies like the Shanghai Stock Exchange (SSE),…
New Delhi: The All India Organization of Chemists and Druggists (AIOCD) have directed all its 1.2 million members, particularly, stockists, wholesalers and retailers to maintain adequate stocks life-saving drugs and pharmaceutical items in border states. Also Read | Trump’s drug-price cut plan triggers share drop: Will Indian pharma be impacted? AIOCD has asked its members…
Wall Street key stock indices opened sharply higher on Monday as the United States and China reached a deal to reduce tariffs. China and the United States announced a 90-day truce in their trade war, agreeing to cut most of their tariffs. At the opening bell, the Dow Jones Industrial Average rose 649.7 points, or…
Edelweiss Mutual Fund CEO Radhika Gupta highlighted the difficulty of timing the stock market in light of the sharp rally seen in Indian equity indices today, May 12. Indian benchmark indices – Sensex and Nifty 50 – rallied over 3.5% each in trade today to post the best single-day gains in over four years. This…
Investment word of the day: If you plan to invest in mutual funds, it becomes important to understand that there are certain costs associated with them. Mutual funds levy certain operating expenses to cover the costs of managing a scheme. Hence, as a mutual fund investor, it becomes essential to know such costs to make…
More Indians are using credit and debit cards than ever before, but few are aware that some cards come with various types of insurance. These include personal accidental death insurance, lost card liability, loss or delay of check-in baggage, loss of travel documents, and emergency overseas hospitalisation. The coverage limit depends on the type of…
Registering for GST Let’s start with the basics. The GST Act prescribes turnover thresholds for mandatory registration. For goods, registration is required once annual turnover exceeds ₹40 lakh, and for services the threshold is ₹20 lakh (though lower thresholds may apply to special category states). However, even if your turnover is below these thresholds, registration…
