Asian Paints shares are in focus today on account of multiple factors
From the CEO of a key competitor resigning to fall in crude oil prices and prospects of more inflows, multiple factors keep Asian Paints shares in focus on Thursday.
Uncategorized
Sensex Today | Stock Market LIVE Updates: Nifty futures indicates a muted start for expiry day session
Sensex Today | Stock Market LIVE Updates: Markets resume trading after a mid-week holiday and the penultimate trading day of the week promises to be nothing short of action. Further downward pressure on the Nifty could bring the October 17…
MSCI Rejig: Paytm, Fortis among Standard Index inclusions; Tata Elxsi dropped
MSCI also stated that besides these inclusions and exclusions, eight stocks will see an increase in their weightage, while six will see a decline. As a result, India’s weightage in the MSCI Standard Index will rise to 15.6% from 15.5%…
Asian stocks gain as dip buyers lift Wall Street
The Nikkei index in Japan and the Kospi South Korea jumped by around 1% at the open. Equity-index futures for the US fluctuated on Thursday after the tech-heavy Nasdaq 100 Index gained 0.7% and the S&P 500 rose 0.4% as…
Oil holds two-day drop after US stockpiles rise most since July
West Texas Intermediate traded under $60, after losing 2.4% over the prior two sessions, while Brent settled below $64 on Wednesday.
Qualcomm gives upbeat forecast, though tax hit takes a toll
The outlook suggests that demand remains strong in the high-end Android phone market, which generates much of Qualcomm’s revenue. At the same time, Chief Executive Officer Cristiano Amon is working to transform the company into a more diversified seller of…
Hindalco shares in focus after Novelis results lead to multiple downgrades, target cuts
A combination of weak results, increase in debt and capex projections, project cost escalations for Novelis have prompted analysts tracking its parent Hindalco to downgrade the stock and also cut price targets.
Indian Hotels shares in focus on Thursday after Q2 results, strong outlook for H2
Indian Hotels’ Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 16% from the same quarter last year to ₹653 crore, while margins expanded by 90 basis points to 30.8% at the end of the September quarter.
Dow Jones gains 225 points, Nasdaq recovers after Tuesday’s sell-off on positive macros
What this positive macro data did, is bring down the probability of a 25 basis points rate cut from the US Federal Reserve further down. According to the CME FedWatch, that probability now stands at 61% from 68% on Tuesday.
Teamlease Services Q2 Results | Net profit rises 12% on headcount and client growth
Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 13.7% year-on-year to ₹38 crore from ₹33.5 crore in the year-ago period. On Tuesday (November 4), shares of Teamlease Services Ltd ended at ₹1,682.70, down by ₹19.60, or 1.15%, on the…