Oil heads for biggest weekly gain since February after US Fed cut
West Texas Intermediate traded near $72 a barrel, and was up almost 5% for the week. Brent closed below $75 on Thursday.
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Dow Jones surges 500 points, S&P 500 crosses 5,700 to close at record highs post Fed cuts
US large caps have outperformed small caps in the year following the first rate cut in four of the previous six instances. Small caps outperformed, counterintuitively, into the 2001 and 2008 recessions.
FedEx shares fall 11% in extended trading after profit miss, weak outlook for 2025
FedEx is considered an economic bellwether due to its wide exposure to industries stretching across the global economy, from retail to manufacturing.
Phoenix Mills arm Casper Realty wins bid for two prime plots in Mohali for Rs 891 crore
Shares of Phoenix Mills Ltd ended at ₹3,525.90, up by ₹80.95, or 2.35% on the BSE.
Sebi bars Axis Capital from taking new debt merchant banking assignments
In its interim order, Sebi said, “ACL provided guarantee/indemnity towards redemption of NCDs in the guise of underwriting, which it was not permitted to do under the existing regulatory framework.”
Suzlon Energy excluded from Stage 1 Additional Surveillance Measure framework
The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earnings ratio.
NTPC approves ₹20,922 crore investment for expansion of Sipat and Darlipali super thermal power projects
Shares of NTPC Ltd ended at ₹424.00, up by ₹10.15, or 2.45% on the BSE.
Reliance Infra approves ₹3,000 crore capital raising via preferential issue
Shares of the company closed little changed on Thursday at ₹282.80.
RBI approves reappointment of V. Vaidyanathan as MD & CEO of IDFC FIRST Bank
IDFC First Bank has received RBI approval for V. Vaidyanathan’s reappointment as MD and CEO, extending his leadership tenure for another three years, starting December 2024.
MSTC, Tata Power, IIFL Finance, Geojit Financial, Sandur Manganese and more: Top stocks to watch out for on September 20
stocks to watch, MSTC, Tata Power Company, IIFL Finance, Geojit Financial, Sandur Manganese, Indus Towers, Infosys nd more, these are the stocks to watch for today.