Subhashree Panda

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NSE rejig: Vodafone Idea To depart Nifty 500 And Nifty Midcap 100

In the most recent semi-annual September rejig of NSE indices, Vodafone Idea was removed from both the Nifty 500 and the Nifty Midcap 100. Vodafone Idea shares fell 2.35 percent on Friday (August 23) to settle at Rs 15.82 apiece on the NSE. The company’s current market capitalization is Rs 1,07,655.91 crore, with a free-float […]

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Powell’s Fed Is Prepared To Protect Job Market And Isn’t Afraid To Make Cutbacks During Election Years

Jerome Powell, the chair of the Federal Reserve, made it abundantly evident on Friday that safeguarding the labor market was now the central bank’s top priority and that it would not hesitate to switch to interest rate reductions in the closing weeks of a presidential election campaign. Federal Reserve’s Battle With Inflation The Federal Reserve’s

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CCI approval is required for Tata Motors Finance and Tata Capital to unite

The Competition Commission of India (CCI) has been consulted by Tata Capital Ltd (TCL) over its bid to acquire Tata Motors Finance Ltd (TMFL).  “The proposed transaction involves the merger of TMFL with and into TCL, with TCL being the surviving entity through a scheme of arrangement to be filed with the National Company Law

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The IREDA share price increases by 7% due to a fundraise. Is there room for more upside? 

During its meeting on August 29, the board of the Indian Renewable Energy Development Agency (IREDA) is expected to consider a proposal to raise Rs 4,500 crore in one or more tranches through a follow-on public offer (FPO) or other modes. As a result, shares of IREDA surged nearly 9% to Rs 259.3 in Thursday’s

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As Jobs “Seal the Deal” for Fed Cut, US Yields Drop 

Bond yields decreased in response to a dramatic downward revision of US payroll data, which reinforced predictions that the Federal Reserve would cut interest rates in September. The rise in treasuries throughout the curve was driven by shorter maturities. Swap dealers are pricing in a 100 basis point decrease in 2024.  The indicated rate on

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European Stocks Rise as Traders Consider the Chance of Fed Rate Reductions

 With data suggesting that US employment growth was likely significantly less strong in the year through March than previously reported, investors began to evaluate the outlook for interest rates, which led to a rise in European shares. By the end, the Stoxx Europe 600 had gained 0.3%.  The industries with the largest gains were resources,

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Wall Street quiet as traders focus on the Fed following the rebound in stocks 

After a protracted rally that sent global equities to all-time highs, investors were idling their capital on Wednesday, waiting for the Federal Reserve to drop interest rates. When Fed Chair Jerome Powell talks on Friday at the Fed’s Jackson Hole conference in Wyoming, it is anticipated that he will further solidify the belief that the

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Reliance Power’s Shares Rises 5% And Reaches A New 52 Week High; Check Full Details

A new 52-week peak of Rs 38.07 was reached by the Ambani-led Reliance Power shares during Friday’s BSE trading, as they reached an upper circuit of 5%. The stock price of the company has surged since then. Currently beating the industry by 5%, the stock has been doing well in the market. Now, the company

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Rising 120% from its IPO price, Awfis Space Solutions soars 17% to reach an all-time high

 The shares of Awfis Space Solutions Ltd., a diversified commercial services company, reached an all-time high on Thursday following the company’s announcement of 66,846 square feet of new workspace in Bengaluru.  The firm from Bengaluru, whose shares went public on May 30, 2024, saw a sharp increase in opening prices today, rising 16.6% to touch

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Tata Group Stocks Surged, With 6 Of Them Becoming Multibaggers In A Year

If a conglomerate is performing well in both price and fundamental growth, investors should take note as this indicates excellent financial health and the possibility of future success. Tata Group Equities According to ETMarkets’ study of Tata Group equities, 22 of the 25 listed firms have produced price returns in the range of 15% to

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