CLSA’s top strategist, Alexander Redman, makes a strong case for investing in India, highlighting its robust growth potential and favorable market conditions. Amidst global economic uncertainties, India emerges as a […]
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Crypto Market Surges Past $3T on Trump Re-Election Hopes
The global cryptocurrency market recently surged past the $3 trillion mark, driven by optimism surrounding Donald Trump’s re-election and his perceived pro-crypto stance. Bitcoin hit an all-time high, nearing $92,000, […]
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Rs 1,300 Crore Deal: Agro Tech Expands Portfolio with Del Monte
Agro Tech Foods, which is rebranding itself as Sundrop Brands, has announced its acquisition of Del Monte Foods’ Indian business from Bharti Enterprises in a deal valued at approximately ₹1,300 […]
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Eicher Motors Q2 Preview: Strong Growth Ahead
Eicher Motors is expected to deliver a solid performance in Q2 FY24, with revenue likely to increase by around 12% year-on-year, driven by a better product mix and strong growth […]
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Diwali Muhurat Trading 2024: Significance, Samvat 2081 Details
The Diwali Muhurat trading session for Samvat 2081 will be held on Friday, November 1, 2024, on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). This session, […]
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Jabil Expands in India to Support Apple Production
Jabil, a key supplier for Apple, is investing $275 million to establish two new facilities in India. This expansion aims to support Apple’s growing demand for local production, aligning with […]
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Hyundai Motor IPO Listing on BSE & NSE After 237% Subscription
The IPO of Hyundai Motor India Ltd (HMIL) has been a subject of much anticipation and speculation. While the strong subscription rate from institutional investors is encouraging, the relatively subdued […]
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China’s Q3 GDP Grows 4.6%, Surpassing Economists’ Forecast
In Q3 2024, China’s economy grew by 4.6% year-over-year, slightly surpassing analysts’ forecasts. While this reflects economic resilience, quarter-on-quarter growth slowed to 0.9%, indicating challenges in reaching the government’s 5% […]
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Indian Stock Market Plunges: Nifty Down 330 Points
The Indian stock market is currently trading in the red. The Nifty is down 0.13% at 24,650, and the Sensex is down 0.08% at 330 points. All the sectoral indices […]
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Bajaj Auto Shares Plummet 8% on Weak Q2 Results
Bajaj Auto’s stock fell 8% following disappointing Q2 earnings, driven by weak sales in its key three-wheeler segment and rising input costs. The company also cut its guidance for the […]
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RVNL Stock Surges 4% After Winning ₹270 Crore Contract
RVNL has secured a contract worth ₹270 crore from the Maharashtra Metro Rail Corporation. The contract involves the construction of elevated metro stations. The contract is expected to boost RVNL’s […]
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SP Group Bonds: A Surprising Comeback Amidst
Unexpected Demand for SP Group Bonds: Despite the downgrade, there’s been a surge in interest for SP Group bonds, particularly from domestic wealth management firms. This unexpected demand suggests that […]
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Maharatna HAL: Soaring to New Heights with potential implications
HAL acquiring Maharatna status is indeed a significant development with potential implications for its share price. Higher Investment Capability: With the Maharatna status, HAL will have access to more resources […]
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TCS Reports Q2 FY24 Earnings: Profit Decline
Tata Consultancy Services (TCS) reported a 1.1% quarter-on-quarter decline in net profit for the second quarter ended September, totaling Rs 11,909 crore, which was below market expectations. However, the company’s […]
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Ratan Tata’s Transformative A Global Legacy (1991-2012)
Ratan Tata’s tenure as chairman of Tata Sons from 1991 to 2012 marked a historic transformation for the Tata Group. Through strategic acquisitions and global expansion, Ratan Tata repositioned the […]