India’s economy and corporate earnings growth is expected to outpace other large emerging markets helped by six structural themes, said analysts at Bank of America Securities (BofA). Forecasting strong growth for the country, analysts are bullish on domestic cyclical sectors. “We … remain optimistic on domestic cyclical sectors such as Financials/Industrials/select Autos. We believe domestic …
China’s Alibaba strives to keep New York listing amid audit dispute
Alibaba Group Holding Ltd on Monday said it would work to maintain its New York Stock Exchange listing alongside its Hong Kong listing after the Chinese e-commerce giant was placed on a delisting watchlist by U.S authorities. Alibaba stock was down 4.5% in a near-flat Hong Kong market in early trade, following its 11.1% decline …
Share Market LIVE: Sensex rallies 545 pts to close at 58115, Nifty ends at 17340; M&M, Power Grid top gainers
Go to Live Updates Share Market News Today | Sensex, Nifty, Share Prices LIVE: Sensex and Nifty opened in the green on Monday and after battling initial volatility remained comfortably in the control of bulls. S&P BSE Sensex rallied 545 points or 0.95% to close at 58,115, while the NSE Nifty 50 index ended at …
Yes Bank share price jumps 6% as Carlyle, Advent International to invest $1.12bn; should you buy, sell hold?
Yes Bank share price soared 5.7 per cent to Rs 15.80 apiece on BSE on Monday after the bank announced that the private equity funds Carlyle and Advent International will invest USD 1.12 billion. Technical analysts say that any major move in Yes Bank is likely only above 15.85. “So all up moves should be …
Navigating Environmental Challenges in Automotive Manufacturing
By Sanjeev Babbar In the ever-evolving landscape of automotive manufacturing, one cannot overlook the environmental challenges that persist. Mumbai’s recent decision to retire its iconic red diesel-run double-decker buses, in service since 1937, serves as a poignant reminder of the imperative to embrace sustainable alternatives. Regulations can differ from country to country, making global automakers’ …
Zydus Lifesciences begins Phase II trial of novel drug to treat fatal motor neuron disease
Zydus announced on Wednesday that it has received permission from CDSCO, India, to initiate the Phase II clinical study of NLRP3 inhibitor “ZYIL1” in patients with Amyotrophic Lateral Sclerosis (ALS). “Zydus has always aimed at improving the quality of life of patients through its life-changing discoveries. This study is a positive step in this direction …
4-step guide for wealth creation in stock market: Learn how to find quality stocks
By Manish Jain Investing in equities has always been a tricky business for an average investor. We often find ourselves at a loss as to how to pick the right stock. What approach is the best one? The fear of missing out on returns in a bull cycle and loss in a bear market is …
Global Markets: Stocks, euro edge higher as markets await Jackson Hole signals
Share markets pushed higher and Europe’s bond markets and euro stole a breather from energy-price driven sell-offs on Thursday, as investors waited to hear the latest reaction of the world’s top central bankers to soaring inflation. Wall Street futures were pointing to a second day of gains, while Europe was lifted by another 1.5% jump …
Global shares mixed on optimism about US, China economies
Global shares were mixed Wednesday as markets looked to strong economic signs out of the US and China as drivers of growth. European shares slid in early trading, while benchmarks finished higher in Japan, China and Australia. Shares fell in South Korea. Analysts warned major risks remain, such as surging COVID-19 cases in some countries …