Shares of Max Financial Services climbed xx per cent in Wednesday’s trade after Axis Bank said it will buy the balance 7 per cent stake in Max Life Insurance from…
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Stocks in news: Adani Wilmar, Dr Reddy’s, Tata Motors, Adani Ports and more
Benchmark indices fell sharply on Tuesday, dragged by index heavyweight Reliance Industries, HDFC twins (HDFC and HDFC Bank) and ICICI Bank. Sensex was down 631 points or 1.04 per cent…
Multibagger stock: Hi-Tech Pipes board to meet on January 28 to consider stock split
Hi-Tech Pipes is likely to consider sub-division of equity shares when the company board meets on January 28, the company told exchanges on Tuesday. Hi-Tech Pipes informed the bourses that…
Budget 2023: Will ITC shares hit hard by any upward revision in cigarette tax?
A couple of brokerages see probability of a hike in cigarette tax this coming Budget. The last tax hike was announced three years ago. Nuvama Institutional Equities said that there…
JMC Projects to turn ex-amalgamation; Welspun Enterprises to go ex-dividend, Pacific Ind ex-rights
Wednesday would see JMC Projects turning ex-amalgamation while shares of Welspun Enterprises going ex-dividend. Jet Freight Logistics and Pacific Industries, on the other hand, would go ex-rights. 5Paisa Capital, Vaxfab…
Wall St ends higher, Powell comments avoid rate policy
U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on…
SGX Nifty flat: Asian markets, dollar movement, Q3 earnings, FPI flows & more
Indian benchmark indices are likely to open flat on Wednesday despite firm cues from global peers. US stocks settled higher overnight while Asian peers were trading up in early trade…
Jindal Steel, Mahindra CIE, CG Power: What should be your trading strategy?
Indian benchmark indices gave up early gains on Tuesday amid concerns over the slowing global economy. The BSE Sensex tanked 632 points, or 1.04 per cent, to settle at 60,115.48.…
Asian shares subdued, dollar steady, focus on US CPI data
Asian equities edged higher on Wednesday, while the dollar steadied as investors braced for US inflation data that will influence the Federal Reserve’s interest rate policy. MSCI’s broadest index of…
‘Crisis is intensifying’: World Bank warns of a global recession in 2023
The World Bank on Tuesday warned of a recession in 2023 and said a sharp, long-lasting slowdown is expected to hit developing countries hard. It said global growth is slowing…