On a day global stock indices were battered by rising international trade tensions induced by US President Donald Trump, Indian markets followed their slump, with all gauges dipping sharply. Japan’s Nikkei and China’s CSI 300 fell 2.88% and 1.97%, respectively, amid weak openings for Germany’s Dax and French CAC. Almost on cue, the Indian benchmarks—Nifty…
Here’s a quick look at stocks likely to be in focus in today’s trade. ITC: Diversified conglomerate ITC Ltd announced a 7 percent year-on-year (YoY) decline in consolidated net profit for the quarter ended December 31, 2024, at â‚ą4,935 crore. This profit is attributable to the owners of the company. In the corresponding quarter of…
After a three-day decline, shipbuilding stocks are rebounding in today’s intraday trade, with Mazagon Dock Shipbuilding gaining 6%, while Cochin Shipyard and Garden Reach Shipbuilders have seen increases of up to 5%. Recently, defence stocks experienced a sell-off after a sustained period of gains, during which they reached multiple peaks and provided significant returns to…
Indian stock market: The frontline indices—the Sensex and the Nifty 50—marginally lower on Tuesday, July 23. The Indian stock market benchmarks dropped nearly 2 per cent during the session in response to Finance Minister Nirmala Sitharaman’s budget announcement of increases in the Security Transactions Tax (STT), long-term capital gains tax (LTCG), and short-term capital gains…
