Asian shares traded mostly lower in a narrow range on Tuesday following a muted session, with US markets closed for the Memorial Day holiday. US futures were flat, while oil prices dipped ahead of key economic data releases, including consumer confidence and housing prices, due later in the day. In Tokyo, the Nikkei 225 slipped…
Gold may fall further on easing trade tensions following President Trump delaying the European tariff to July 9. (AI image) Gold price prediction today: Gold rates have been fluctuating in the last few weeks and no clear upside or downside is obvious. Global events, such as Donald Trump’s tariff moves and geopolitical conflicts are shaping…
Market analysts anticipate continued upward momentum in Indian markets. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Tuesday. While Nifty50 went below 25,000, BSE Sensex was trading below 81,800. At 9:16 AM, Nifty50 was at 24,889.55, down 112 points or 0.45%. BSE Sensex was at…
Top stocks to buy today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, CAMS (Computer Age Management Services) and Inox Wind are the top stocks to buy today:CAMS – Buy in the range between Rs 3980 & Rs 3990; Stop Loss: Rs 3838; Target:…
MUMBAI: A contrasting tale may be playing out in the FMCG space. While the arrival of early monsoons is expected to boost consumption of soaps, shampoos, packaged food, and other household staples in rural areas, which have already been growing faster than urban areas for the past five quarters, summer sales of companies are likely…
MUMBAI: Swiss consumer goods giant Nestle has picked up a minority stake in the Indian pet food startup Drools. The Bengaluru-based company did not disclose the specifics of the deal but said it was valued at $1 billion post-investment, joining the ranks of unicorn startups. “This is a financial investment by the company, and Drools…
NEW DELHI: While American President Donald Trump’s focus is on the $45 billion trade deficit with India, a paper released Monday estimated that the US “quietly rakes in” $80-85 billion from India through education, digital services, financial operations, royalty on intellectual property, and defence exports.“These massive earnings don’t show up in the narrow goods trade…
NEW DELHI: Niti Aayog, government’s policy think tank, recommended the introduction of a dedicated financing scheme to allow medium enterprises to avail loans at concessional rates. It also backed a credit card for such units with a Rs 5 crore limit for emergency needs.The report, released on Monday, stated that the scheme should be under…
NEW DELHI: Supreme Court on Monday stayed the liquidation process for Bhushan Power & Steel (BPSL) before NCLT and ordered to maintain status quo after JSW Steel, whose resolution plan was rejected by SC, told the court that it was filing a review petition against the order.As JSW’s limitation period for filing a review against…
BENGALURU: Investment platform Groww has confidentially filed for an IPO with markets regulator Sebi, a newspaper advertisement showed on Monday. The offering is expected to raise between $700 million and $1 billion through a mix of fresh issue and an offer for sale, people familiar with the matter said. The proceeds will be used to…
