Foreign Institutional Investors (FIIs) play a pivotal role in shaping the dynamics of emerging markets like India and China. Recently, the Indian markets have witnessed a significant sell-off by FIIs, while the Chinese markets are enjoying a resurgence of foreign inflows. This shift raises questions about the global investment landscape and its implications for both … Read more
Ratan Tata, a revered figure in Indian business history, left an indelible mark on the global stage through his innovative leadership and far-reaching vision. Born in 1937, he became Chairman of the Tata Group in 1991, leading it through a transformative phase. Among the many jewels of the Tata empire, Tata Consultancy Services (TCS) stood … Read more
SoftBank Group Corp. posted a notable profit for the September quarter, benefiting from a surge in Indian IPOs and a recovery in tech company valuations. The Japanese investment giant reported a net income of ¥1.18 trillion (around $7.7 billion), a significant turnaround from a ¥931 billion loss in the same quarter last year. This result … Read more
Britannia Industries share plunged 5.6% on November 12, 2024, marking a 10% decline over two days. The share hit a five-month low at Rs 5,120 on BSE, amid lower-than-expected Q2FY25 financial performance. Key Points UPL Share Price Drop 8% After Reporting Larger Net Loss in Q2 Financial Performance Overview of Britannia Industries Share Q2FY25 Earnings … Read more
UPL Ltd., a global agrochemical company, witnessed a significant drop in its share price on Monday, November 11, following its quarterly earnings report. Despite an increase in revenue, the company reported a larger-than-expected net loss for the September quarter, causing the stock to decline by 8% during the trading session. This article provides a detailed … Read more
On November 11, 2024, Tata Elxsi share price closed at ₹6,696.9, marking a drop of 3.59% from its previous day’s trading session. This marked the third consecutive day of decline for the company’s share, accumulating a total fall of 7.44%. The share also reached an intraday low at the same price point, indicating a 3.68% … Read more
New Delhi, India – The trend of foreign portfolio investors (FPIs) withdrawing funds from Indian equities has intensified, with almost Rs 20,000 crore pulled out in just five recent trading sessions due to high valuations and renewed interest in China’s markets. Bank Nifty And Nifty 50 Trying To Defend Their Level Significant FPI Outflows in … Read more
On November 8, Bank Nifty and Nifty 50 continued their decline, forming a bearish candlestick pattern for the second day in a row. This suggests bearish momentum, with the index falling below its short-to-medium-term moving averages—a negative indicator of market sentiment. The Nifty closed 51 points lower at 24,148, while Bank Nifty dropped 355 points … Read more
Following Donald Trump’s recent election as President of the United States, stocks of Elon Musk’s companies, especially Tesla, have seen a significant surge. This development is being attributed to Musk’s perceived close ties with Trump and positive investor sentiment around potential policy benefits for Tesla and Musk’s other ventures. Here’s a breakdown of the financial … Read more
New Delhi, India — External Affairs Minister (EAM) S. Jaishankar, currently on an official visit to Australia, shared his perspective on the ongoing U.S. presidential election between Democratic candidate Kamala Harris and Republican candidate Donald Trump. At a joint press conference with his Australian counterpart, Penny Wong, Jaishankar highlighted India’s evolving partnership with the United … Read more