Stock market today: Over 260 stocks hit one-year lows on BSE; investors lose over ₹5 lakh crore in a day

Post Views: 226 Stock market today: As many as 264 stocks, including Tata Steel, Coal India, Hero MotoCorp, and YES Bank, hit their 52-week lows during intraday trade on the BSE on Friday, January 10, amid a widespread selloff that affected most sectors, leaving investors reeling. The overall market capitalisation of BSE-listed firms dropped to … Read more

Jio Financial Services sets board meeting date to declare Q3FY25 results. Details here

Post Views: 150 Jio Financial Services has set the date for its board meeting to consider the results for the third quarter of the financial year 2024-25 (Q3 FY25). The company’s board will meet next on Friday, January 17 to declare its Q3 FY25 earnings.  Part of Mukesh Ambani’s Reliance group, Jio Financial Services on … Read more

Indian real estate records all-time high foreign investment of USD 11.4 bn in 2024

Post Views: 93 New Delhi [India], January 10 (ANI): Total equity investment in Indian real estate recorded an all-time high of USD 11.4 bn in 2024, up 54 per cent (YoY) according to a report ‘Market Monitor Q4 2024 – Investments’ by real estate consultancy firm CBRE. Singapore, the US, and Canada dominated foreign equity … Read more

Oil Jumps to Three-Month High as Cold Snap Tightens Inventories

Post Views: 68 (Bloomberg) — Oil rose to a three-month high after another contraction in US crude stockpiles, driven by frigid winter weather, reflected a tighter global market.  Brent futures advanced as much as 2.3%, surpassing $78 a barrel for the first time since mid-October. Crude inventories at the American storage hub in Cushing, Oklahoma, … Read more

Stock market today: Nifty 50, Sensex slide for 3rd day amid concerns over earnings slowdown in Q3

Post Views: 200 The sell-off in Indian markets has extended to a third consecutive trading session on Friday, January 10, as it appeared bears took full control of the market, leaving little room for bulls to push the indices higher. Both the Nifty 50 and Sensex ended in the red. While there was some support … Read more

Mumbai-based Jesons Industries refiles DRHP with Sebi for IPO

Post Views: 93 Mumbai-based Jesons Industries has refiled its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). The IPO, with a face value of ₹5 per share, comprises a fresh issue worth up to ₹300 crore and an … Read more

Avenue Supermarts Q3 Results Preview: DMart Q3 net profit seen up 15%, revenue growth at 17% YoY on store expansion

Post Views: 91 Avenue Supermarts Ltd, the DMart retail chain operator, is set to announce its Q3 results on January 11. Avenue Supermarts shares were trading more than 2% lower today, on Friday, ahead of the release of its earnings for the third quarter of FY25. Ace investor Radhakishan Daman-owned Avenue Supermarts is expected to … Read more

India’s rice stocks hit record high, wheat reserves deplete

Post Views: 80 MUMBAI, Jan 10 (Reuters) – India’s rice stocks hit a record high at the start of January, reaching eight times the government’s target, while wheat stocks continued to deplete as traders urged the government to increase wheat sales amid market shortages. Higher rice stocks would enable the world’s biggest exporter of the … Read more

Bearish Streak: Nifty Midcap and Smallcap indices plunge up to 5.5% in just 3 days

Post Views: 101 Indian Stock Market: Investors continued to withdraw funds from mid -and small-cap stocks for the third consecutive trading session on Friday, January 13, as reflected by significant declines in both the Nifty Midcap 100 and Nifty Smallcap 100 indices, which dropped 2.5% today. This recent sell-off in stocks follows concerns that Q3FY25 … Read more