Gold, silver edge lower: What’s driving the cautious market mood
Gold and silver dip as fragile US Iran ceasefire and firmer dollar curb safe haven demand, but lingering West Asia tensions and inflation risks keep prices supported.
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Prestige Estates shares in focus as it forms JV to develop residential project in Mumbai with GDV of ₹9,000 crore
Prestige Estates on Thursday said it has entered a joint venture with ABIL Group for the development, via Aaramnagar Realty LLP, which jointly holds the development rights to the land parcel in Aram Nagar, Versova.
Wipro may announce ₹16,000 crore buyback, Investec says; stock in focus
Investec estimates a potential buyback size of around ₹16,000 crore. According to the brokerage, Wipro currently holds nearly ₹41,000 crore in net cash, compared to about ₹28,000 crore at the time of its previous buyback.
Crude oil prices gain for second day but set for worst week since June; Details here
According to Saudi Arabia’s press agency, the country’s oil production capacity has been cut by around 6,00,000 barrels per day due to attacks on its energy infrastructure, that is nearly 10% of its normal crude exports, as per Bloomberg calculations.
Asian shares rise, oil up as focus turns on upcoming US-Iran talks
MSCI’s equity gauge for Asia Pacific was up 0.4% during open, looking at its first weekly gain since February. Technology shares, which were less impacted by the war, rallied post CoreWeave Inc striking another larger $21 billion deal for supplying…
White House warns staff on insider trading amid Iran war bets
White House warns staff not to use nonpublic information for trading or event betting after suspicious Iran and Venezuela related bets raise insider trading concerns
Sensex Today | Stock Market LIVE Updates: Nifty futures hint at a positive start as index looks to break past 24,000
Sensex Today | Stock Market LIVE Updates: The spotlight today will be on IT stocks after the TCS results. US-listed shares of Infosys and Wipro had a muted reaction to the numbers.Wipro will also be in focus on the news…
TCS, Wipro, IT stocks to be in the spotlight today, and they have a headwind to counter
The Nifty IT index has gained 9% so far this month, with Midcap IT outperforming its largecap peers. Shares of Mphasis, LTIMindtree, Coforge, and Persistent Systems have gained between 12% to 16%, while largecap names like TCS, HCLTech and Wipro…
S&P 500 gained for seventh straight day on Thursday but this segment sold-off again
The iShares Expanded Tech-Software Sector ETF (IGV) fell 4%, closing at the lowest level since 2023. The ETF has extended its year-to-date losses to 27%. Another index related to software-as-a-service (SaaS) companies declined nearly 5%, extending its decline for the…
Aditya Birla Real Estate announces early repayment of ₹250 crore NCDs
Aditya Birla Real Estate will redeem ₹250 crore worth of 8.05% non-convertible debentures early by exercising a call option, with May 4 set as the redemption date. Shares of Aditya Birla Real Estate Ltd ended lower on Thursday, April 9,…