The sell-off in footwear maker has intensified, with shares continuing to grind lower and slipping to multi-year lows as investor sentiment remains weak amid the company’s growth challenges, which continue…
Category: Market
Sensex closes 573 points higher, Nifty hits fresh high; NTPC up 5%
Benchmark stock market indices closed after seeing a late rally which helped Sensex and Nifty gain over half a percent, fuelled by gains in auto and metal stocks. The S&P…
ITC shares tumble 4%, down 13% in 2 days: Buy the dip or stay away?
Shares of ITC extended losses for a second straight session on Thursday, sliding 4.14% to Rs 348.80 on the Bombay Stock Exchange (BSE) around 11:15 am, after plunging nearly 10%…
Sensex, Nifty open higher driven by auto, metal stocks as FMCG continues to bleed
Benchmark stock markte indices opened higher on Friday as auto shares rose over strong sales data. However, the market uptick was limited by falls in FMCG majors ITC and Godfrey…
Sensex, Nifty end lower as ITC, Godfrey Phillipss crash on tobacco cess move
Benchmark stock market indices closed marginally lower on Thursday, as gains in auto and IT were capped by huge losses in FMCG stocks. ITC fell 10% to hit a 52-week…
RBI to tolerate weaker rupee as inflows dry up, sources say
Mumbai India’s central bank will tolerate a weaker rupee as the country’s external sector confronts multiple headwinds including a wider trade gap and stalling of dollar inflows into the world’s…
HDFC Bank sees rupee falling to 92 in absence of quick US trade deal
Mumbai – Uncertainty over the timing of the US.–India trade deal is fuelling rupee volatility and the absence of a quick agreement could push the currency to as low as…
Gold futures fall, silver gains as weak US data spurs caution
Gold prices fell to ₹1,30,374 per 10 grams while silver futures rose to ₹1,82,672 per kilogram on Wednesday as mixed global trends and weak US economic data prompted cautious trading…
JSW Steel’s joint venture move with Japan’s JFE Steel draws mixed reactions from brokerages
’s decision to enter a 50:50 joint venture with Japan’s JFE Steel Corporation to house the integrated steel business of its subsidiary has triggered a wave of analyst reactions, ranging…
Crude oil futures rise as Ukraine continues attacks on Russian oil infrastructure
futures traded higher on Thursday morning following continued Ukrainian attacks on Russian oil infrastructure. At 9.57 am on Thursday, February Brent oil futures were at $62.92, up by 0.40 per…