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2:22 PM
Shift from China? Unprecedented foreign flows entering India since 2 weeks
Indian stock markets are experiencing a record surge in foreign investment, particularly from the United States. This follows the recent election results, which appear to have instilled confidence in foreign investors. READ MORE
2:12 PM
SBI plans to raise Rs 10,000 cr via infrastructure bonds, say bankers
State Bank of India, the country’s largest lender, has started discussions with market participants to raise around Rs 10,000 crore ($1.20 billion) through infrastructure bonds, two merchant bankers said on Tuesday. READ MORE
2:02 PM
Paytm shares fall 7% from day’s high after over 15 mn shares change hands
Paytm share price dropped 6.8 per cent from the day’s intraday high to hit a low of Rs 411.65 apiece on the BSE on Tuesday, weighed by heavy volume. READ MORE
1:52 PM
More central banks to add to their gold reserves within 12 months: Survey
More central banks plan to add to their gold reserves within a year and more of them expect others to do so as well, due to ongoing macroeconomic and political uncertainty despite high prices for the precious metal, the World Gold Council (WGC) said in its annual survey. READ MORE
1:45 PM
ALERT:: Asian Energy wins Rs 148 cr order; stock rallies 3%
Asian Energy Services in an exchange filing today said the company secured a Rs 148 crore contract for Coal Evacuation System at PKOCP, Manuguru Area of SCCL. The order has to be executed over a period of 18 months. READ MORE
1:37 PM
This smallcap defense stock has rallied 55% in 3 days; zoomed 87% in 9 days
The stock of aerospace & defense company hit a new high of Rs 1,388.70 has locked in 20 per cent upper circuit of the second straight day. READ MORE
1:26 PM
Budget 2024: Subsidies likely to remain same, rural funding may rise
The Budget is anticipated to be unveiled in the third week of July. The NDA 3.0 administration might strengthen specific welfare-oriented schemes, prioritising fiscal prudence. READ MORE
1:17 PM
IIFL Finance shares soar 9% as RBI completes special audit of gold loans
IIFL Finance posted a net profit after tax of Rs 373.4 crore in Q4FY24, down 10 per cent, affected by the RBI’s embargo on fresh gold loans. READ MORE
1:05 PM
Taiwan alert after China’s nuclear submarine surfaces in Taiwan Strait
Taiwan’s defence minister said on Tuesday that they have a “grasp” of the situation after pictures appeared online of a Chinese nuclear submarine surfacing in the sensitive Taiwan Strait near Taiwanese fishermen. READ MORE
12:55 PM
ALERT:: Thomas Cook sees high demand in domestic travel; stock surges 3%
Thomas Cook India and its group company SOTC Travel has seen significant growth in Domestic Travel demand; surpassing full CY2023 domestic travel numbers in first 6 months of CY2024.
12:43 PM
JNK India hits fresh 52-week high as stock climbs 16% on ‘mega’ order win
The surge in stock price came after JNK India announced that it has bagged a ‘mega’ order from Reliance Industries Limited (RIL). READ MORE
12:21 PM
China hits Europe’s pork imports after EU imposes tariffs on Chinese EVs
The Commerce Ministry didn’t mention the EV tariffs when it announced Monday that it is opening an anti-dumping investigation into pork from Europe. READ MORE
12:08 PM
Bosch has joined the elite group of companies with a market capitalisation of Rs 1 trillion after the stock price of auto ancillary company hit a new high of Rs
Bosch market cap crosses Rs 1 trillion; stock hits new high, gains 6%
Bosch has joined the elite group of companies with a market capitalisation of Rs 1 trillion after the stock price of auto ancillary company hit a new high of Rs
11:55 AM
Adani Ports leads global peers in market value as cargo volumes surge
Shares of billionaire Gautam Adani’s port operator are primed for further gains after high cargo volumes made it the world’s largest transport operations and services provider by market value. READ MORE
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