Shares of Siemens Ltd plunged in Friday’s trade after not so promising management commentary spooked investor sentiment. The knee-jerk reaction saw the stock slumping 10% during the day to mark its biggest single-day fall in six months. Company Value Change
New Delhi, Dec 21 (PTI) Housing sales are estimated to fall 21 per cent annually across nine major cities during October-December period to 1.08 lakh units on high base effect, according to PropEquity. Real estate data analytics firm PropEquity on
The number of Indian billionaires has grown by 123 per cent in the 10-year period, reaching 185 in 2024.Their wealth has grown by 263 per cent to $905.6 billion. IMAGE: Mukesh D Ambani, left, and Gautam S Adani, India’s richest
India’s forex reserves dropped by $1.99 billion to $652.87 billion for the week ended December 13, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the overall reserves had dropped by $3.23 billion to $654.86 billion.
Finance ministers of states demanded an increase in allocation under 50-year interest-free loan scheme, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said on Friday. In a pre-budget meeting with Union
Equity benchmark indices Sensex and Nifty plunged about 1.5 per cent on Friday, taking their downtrend to the fifth straight session, due to risk aversion in the global markets after the hawkish stance of the US Federal Reserve. Photograph: Arko
The Nifty 50 index ended with losses of over 350 points on Friday, marking the fifth straight day of losses and also registering its worst week of 2024. Company Value Change %Change The drop in the market this week led
Penny stock below ₹5: Vikas Lifecare share price rises in the intraday trades n Friday after fundraise move. The Penny stock Vikas Lifecare share price opened at ₹4.44 on Friday on the BSE, slightly higher than the previous days closing
Share prices of Nestle India, Asian Paints, Bandhan Bank, Tata Technologies, AU Small Finance Bank and Avenue Supermarts, all a part of the BSE 500 index, have hit their respective 52-week lows on the BSE in Thursday’s intra-day trade after
The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Over the past two months, these sectors have become increasingly dominant, now constituting nearly 30 per cent
