SBI Joins Rs 5 Trillion Market Cap Club, Shares Up 26% in 3 Months
Public lender State Bank of India (SBI), whose market capitalisation hit an all-time high of Rs 564.45 on Wednesday, rose 1% in insider trading, hitting...
Category : MARKETS
Ambuja Cements Jumps 3%, Hits Market High on Weak Fundraising Plan
Shares of Ambuja Cements hit a new high of Rs 503 on the BSE, as the stock rose 3.4% in intraday trade on Wednesday, despite...
Sensex Down 550 Points, Nifty Tests 17,900, IT Index Down 3%
US stocks opened lower on Wednesday after the US inflation report for August and weak global signals. The top index, Nifty50, fell more than 150...
UBS Shares Rise Following Proposed Dividend Increase in 2022
On Tuesday, when the Swiss bank announced a projected 10 per cent rise in its annual dividend, shares of UBS Group AG (SIX:UBSG) increased.If shareholders...
Aveva Shares Jump on Report of Potential Schneider Buyout
Shares in AVEVA Group PLC (LON:AVV) rose on Tuesday after a report emerged that France’s Schneider Electric edges closer to a deal to totally acquire...
Goldman Sees European Gas Prices Dropping Sharply
Goldman Sachs has said that European natural gas prices will likely drop by more than half over the next six months since the continent successfully...
Ahead of Earnings, Another Downgrade for Adobe Shares
On Tuesday, BMO downgraded Adobe (NASDAQ:ADBE) Stock to Market Perform from Outperform. Just a day before, Mizuho downgraded Adobe shares. This downgrading comes just two...
Ahead of US Inflation Statistics, Dollar is Headed for its Longest Losing Streak in Year
In advance of US inflation statistics anticipated to suggest the ferocious rise in prices may finally be cresting, world markets were up for a fifth...
Dow Futures Rise 215 Pts; US CPI Report Appear Large
On Tuesday, US stocks are seen opening marginally higher. The release of the August consumer price index (CPI) has made investors cautious as it is...
JSW Steel Plans to Invest Rs 10,000 Crore
On Tuesday, JSW steel announced a collaboration with German-based engineering and technology company SMS group by cutting down carbon emissions at its plants. JSW Steel...