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
After more than 50 years in business, VIP Industries is a well-known brand in the Indian baggage market, but these are difficult times for the company right now. This obstacle exists even though the Indian luggage market is still expanding at a rapid pace. The market is being driven by several factors, including rising domestic … Read more
In FY24, the Securities and Exchange Board of India (Sebi) recovered approximately ₹75 crore in penalties for unfair trading practices, despite a fall of over 30% in appeals against its decisions during the fiscal year that concluded on March 31st. The market regulator’s annual report, which was made public on Friday, revealed that there were … Read more
A Solana-based memecoin project called Dogwifhat (WIF) surged 13% daily and peaked on August 6 at $1.77. This is a portion of the general recovery following the 63% decline in WIF’s price from its peak of $2.89 two weeks ago. Data from various sources show that WIF increased from a low point of $1.07 on … Read more
The Q1 results topped predictions, and Eicher Motors’ share price increased by 5%. The stock was one of the top gainers on the Nifty 50. The share price of Eicher Motors, which had opened at ₹4,805.65, moved up to ₹4,839.90 on Friday, closing at ₹4,576.90, a gain of more than 5%. Post-market hours on Thursday, … Read more
On Thursday, RVNL released its quarterly results for June. As soon as the statement was announced during afternoon trade, shares of the railway company fell. Consolidated net profit for the company dropped 34% to ₹223.92 crore from ₹343 crore in the same period the previous year. Operational revenue was ₹4,073 crore, which was 26% less … Read more
Bikaji Foods International’s share price rose to an all-time high for the third day in a row today. Throughout the last three sessions, Bikaji Foods’ stock increased by almost 15%. IIFL Securities recommended a buy in a note dated August 6th for Bikaji Foods International. Compared to the current market price of ₹823.50, the target … Read more
