Ola Electric Mobility shares now down 43% from post-listing peak; What lies ahead?

Ola Electric has been losing market share to legacy auto players like Bajaj Auto and TVS Motor as they ramp-up their push within the EV space.

Ola Electric has been losing market share to legacy auto players like Bajaj Auto and TVS Motor as they ramp-up their push within the EV space.

HDFC Bank’s year-on-year loan growth slowed to 8% from 11% in the previous quarter, but the liquidity coverage ratio improved to 127% from 123%.

After the worst week of 2024, the Nifty 50 is likely to witness a gap-up start with stocks like Titan, IndusInd Bank, Federal Bank, Macrotech Developers, Godrej Properties, and Adani Wilmar among others in focus. Tune in to the Marketbuzz…

Every fourth towel and every seventh bedsheet sold in the US is produced by Welspun Living. India’s B2B market too is growing at 15% annually and the company’s B2C business is poised to grow at over 20%.

In the Middle East, Kalyan Jewellers witnessed a revenue growth of approximately 24%, compared to the same period in the previous financial year.

From Donald Trump bringing up his protectionist rhetoric to Ola Electric being in the middle of a social media storm, know all of that on CNBC-TV18’s morning call.

At its peak, shares of Senco Gold were up nearly 5x from its IPO price of ₹317 per share.

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 ended at 25,014.60, while Sensex ended at 81,688.45.

Australian and Japanese share markets both gained, after the S&P 500 and Treasury yields rose on Friday amid recalibrated bets on the size of the Federal Reserve’s next interest-rate cut. The yield on 10-year Treasuries advanced one basis point Monday.

Brent slipped below $78 a barrel after jumping the most since January 2023 last week, while West Texas Intermediate was near $74.