Kaushiki 
On August 14, 2024, Indus Towers Limited, a prominent participant in the Indian telecom infrastructure market, would begin its share repurchase initiative. The program will end on August 21, 2024, to repurchase up to 56.77 million equity shares at a cost of ₹465 a share. At 12:55 p.m. on August 13, the share price of … Read more
Tuesday’s gains in U.S. indices saw them close at a nearly two-week high, as lower producer pricing data supported expectations of a Federal Reserve interest rate drop in September. Because less expensive services offset an increase in the cost of products, U.S. producer prices rose less than anticipated in July, suggesting that inflation remained mild. … Read more
On Monday, August 12, the National Stock Exchange (NSE) prohibited trading in fifteen equities in the futures and options (F&O) segment due to their surpassing 95% of the market-wide position limit (MWPL). These equities will, nevertheless, be traded on the cash market. Every day, the NSE updates the list of securities that are prohibited from … Read more
In today’s trading, Adani Group stocks fell sharply following significant accusations made against SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, by US-based short seller Hindenburg. The claims caused only minor drops in the Adani Group equities, therefore the market did not react aggressively to them. The market’s reaction to Hindenburg’s initial accusations … Read more
According to announcements released Monday by the fund and the companies, BHP, Rio Tinto, and Qantas will contribute a combined A$80 million ($52.7 million) as early-stage investors in an Australian carbon credits fund that seeks to finance land restoration initiatives. Australian Carbon Credit Units (ACCUs) from reforestation programs will be generated and managed by Silva … Read more
India’s weight in the MSCI Emerging Markets Index is expected to increase by at least one percentage point after the index provider’s review this week, according to analysts from companies like IIFL Securities Ltd. and Smartkarma. This would put the nation nearly at China’s level, which presently occupies 22.33% of the benchmark. India has a … Read more
China’s bond market, the second largest in the world, is tense after a tumultuous week during which the central bank began to heavily intervene to stop a decline in yields despite the country’s weak economy. Still, ardent investors argue that the government bond bull market has legs because of the unstable economy in China, pressures … Read more
A holiday in Japan eliminated a source of recent volatility, causing global markets to slightly rise on Monday as the yen declined as investors anticipated economic data from China and the United States. Last week, the U.S. jobs report was disappointing, and the unwinding of a hugely popular Japanese yen trading technique contributed to a … Read more
After announcing a partnership with well-known American hat company New Era Cap, shares of Metro Brands saw a spike of around 7% in intraday trading on Friday, August 9. This is the second straight session of gains for the market. Metro Brands has extended its licensing arrangement with New Era Cap, a New York-based company … Read more
One of the multi-bagger stocks that the Indian stock market has produced recently is Artemis Medicare Services shares. The value of this hospital stock has increased by 1000 per cent in around four and a half years, from ₹22.60 to ₹250 per share. The multi-bagger stock does, however, still have some upward potential. Today, the … Read more
