Oil prices fell about $4 a barrel on Monday after Israel’s retaliatory strikes against Iran over the weekend left oil and nuclear facilities untouched, preventing disruption to energy supplies. By 1445 GMT, brent futures Falling $4.13, or 5.43 percent, was at $71.92 a barrel, while US WTI crude futures were down $4.04, or 5.63 percent,…
Punjab National Bank (PNB) reported net profit on Monday Rs 4,303.5 crore in the quarter ended September 2024, registering a substantial growth of 145% It was Rs 1,756 crore in the year-ago quarter. PNB’s net interest income (NII), or the difference between interest earned and interest paid, rose 6% in Q2FY25 from Rs 10,517 crore…
The coming week will see a ton of economic data and earnings reports from five megacap companies on Wall Street. On the economic front, investors will be closely keeping an eye on the US Q3 GDP numbers, the Federal Reserve’s favorite inflation gauge – the Personal Consumption Expenditure Price Index and the jobs report. Shares…
The primary market will be halted with no new IPO launches next week. However, eight listings including Vaari Energies, Deepak Builders and Godavari Biorefineries are set to activate the market during Diwali week. near future IPO The pipeline appears promising, with 26 companies ready to raise money Rs 72,000 crore, pending SEBI approval. IPO The…
indian stock market Bears tightened their grip on D-Street amid weak global cues and rising volatility, leaving it facing several challenges throughout October. These battles forced the frontline indices to enter a bear market just days before Diwali’24 Beginning of Samvat 2081. The market is on track to end Samvat 2080 in the red. In…
catch ’em all business News , market news , today’s latest news events and latest news Updates on Live Mint. download mint news app To get daily market updates. MoreLess business NewsmarketIPOIPO-bound Swiggy sets valuation target of $11.3 billion to aid retail participation; The issue will open for bidding on November 13.
Afcons Infrastructure IPO: Bidding for the initial public offering (IPO) begins on October 25, 2024. Afcons Infrastructure IPO Subscription StatusThe public issue received 10% subscription after the first day of bidding. However, despite the weak secondary market bias, the gray market is showing positive signs. According to stock market experts, the company’s shares are available…
As soon as the US market opened on Friday, Tesla’s stock continued to rise and it increased by 4.43 percent. Tesla shares listed on the Nasdaq index rose after the company reported a 17 percent rise in third-quarter profit. Tesla shares opened at $257.69 when trading began at 09:30 a.m. EDT. At 09:58 a.m. EDT,…
Today’s Top Gainers and Losers: **Today’s Top Gainers and Losers** The Nifty index ended the trading session at 24,399.4, showing a decline of 0.9%. The index reached a peak of 24,440.25 and a low of 24,073.9 during the day. Meanwhile, the Sensex fluctuated between 80,253.19 and 79,137.98, eventually closing at 80,065.16 down 0.83%, showing a…
Indians believe in auspicious timing – “Muhurta”, which prompts investors to buy stocks during this time. This often leads to herd mentality which is reflected in the Gujarati phrase “Su leva nu muhurta ma?” Which translates to “Which stock to buy during Diwali muhurat?” Instead of herd mentality, a systematic approach to identifying potential investment…
