financial markets

South Korean Stocks Plunge Nearly 8 Percent as KOSPI Trading Halted Amid Global Tensions KOSPI Slides Sharply After Circuit Breaker Triggered Seoul, March 9: South Korean stocks dropped sharply on Monday, with the benchmark Korea Composite Stock Price Index (KOSPI) falling nearly 8 percent in...

Asian Markets Slide as Middle East Tensions Escalate, Oil Surges Above $100 Asian equity markets fell sharply on Monday, March 9, as escalating tensions in the Middle East and a sharp rise in crude oil prices prompted investors to cut risk exposure across global markets.The selloff was led by...

Oil Prices Near $110 as Donald Trump Defends Spike Amid Iran Conflict Trump Calls Oil Price Surge a ‘Small Price to Pay’ for Global Security US President Donald Trump has defended the recent surge in crude oil prices, saying the increase is a necessary cost for ensuring global safety amid...

Gold and Silver Prices Rise in Early Asian Trade as Safe Haven Demand Strengthens Precious Metals Gain Amid Geopolitical Tensions and Market Volatility Gold and silver prices moved higher in early Asian trading on Friday, supported by renewed safe haven demand as geopolitical tensions and...

Nvidia Investments in OpenAI and Anthropic Near Completion Nvidia Chief Executive Officer Jensen Huang has indicated that the company’s recent investments in OpenAI and Anthropic may mark its final major equity positions in the two artificial intelligence firms, as both companies prepare for...

Morgan Stanley Upgrades Marico and Nestle India, Downgrades Godrej Consumer as FMCG Stocks Slip On Wednesday, March 4, shares of key fast moving consumer goods companies including Marico Ltd, Godrej Consumer Products Ltd, and Nestle India Ltd were trading lower after global brokerage Morgan...

Rupee Depreciation Boosts IT Stocks on March 4 The Nifty IT index emerged as the only sectoral gauge trading in positive territory on Wednesday, as the Indian rupee weakened sharply to a fresh record low of 92.28 against the US dollar on March 4.The sharp depreciation in the domestic currency...

PNGS Reva Diamond Jewellery Shares List at Discount, Debut Amid Market Selloff PNGS Reva Diamond Jewellery IPO Listing Details Shares of PNGS Reva Diamond Jewellery Ltd made a subdued debut on the stock exchanges on March 4, listing at a discount of nearly 4 percent to the issue price of Rs 386...

Indian Rupee Set to Breach 92 Per Dollar Amid US Israel Iran Conflict and Crude Oil Surge Rupee Poised for Lifetime Low in Early Trade The Indian rupee is expected to slip past the 92 mark against the US dollar in early trade on Wednesday, potentially hitting a fresh lifetime low. The...

ONGC and Oil India Shares in Focus as Crude Oil Prices Surge After US Israel Strikes on Iran Shares of Oil & Natural Gas Corporation Ltd. and Oil India Ltd. remain in focus on Monday, March 2, after global crude oil prices surge sharply following weekend attacks by the United States and Israel...

Larsen and Toubro Shares in Focus Amid Iran Israel US Conflict and Middle East Exposure Shares of Larsen and Toubro Ltd were in focus on Monday, March 2, following escalating tensions triggered by the Iran Israel US conflict that began over the weekend.The development has drawn attention to...

Sebi to Prioritise Corporate Bond Market Development, Plans Credit Bond Indices and Derivatives Focus on Deepening Liquidity and Expanding Investor Participation New Delhi, March 2: The Securities and Exchange Board of India is set to prioritise the development of the corporate bond market this...

NSE CEO Ashishkumar Chauhan Proposes Minimum Criteria for F&O Trading Amid Retail Speculation Concerns Ashishkumar Chauhan, MD and CEO of the National Stock Exchange, has proposed introducing minimum qualifying criteria for participation in the Futures and Options segment, in a move aimed at...

SpiceJet Shares in Spotlight as Autumn Investment Invokes 6.8% Promoter Stake Shares of SpiceJet Ltd are expected to remain in focus on Friday, February 27, after Autumn Investment invoked pledged shares amounting to a 6.8 percent stake in the airline, triggering a significant change in...

GCQ Funds Management Says Software Stock Sell-Off Has Bottomed Out, Deploys A$200 Million Into Tech Sydney based hedge fund GCQ Funds Management has declared that the sharp global sell-off in software stocks has likely reached its bottom, even as volatility continues to grip the technology...

NSE IPO Process Gains Momentum as Exchange Invites Bids from Investment Banks National Stock Exchange Issues RFP for Lead Managers Ahead of Proposed IPO The National Stock Exchange of India Ltd has taken a significant step toward its long-awaited initial public offering by issuing a request for...

New Delhi, February 26: The initial public offering of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, was subscribed 13 percent on the second day of bidding on Thursday, reflecting cautious participation across investor categories.According to NSE data, the IPO...

New Delhi, February 26: The government’s offer for sale of a 2 percent stake in Indian Railway Finance Corporation Ltd failed to garner full subscription on the final day, as both institutional and retail investors showed limited interest in the issue.The two day OFS, which opened on February...

Board Clears Private Placement of Debentures New Delhi, February 26: The Board of Directors of Vedanta Ltd has approved a proposal to raise up to ₹3,000 crore through debentures on a private placement basis, reinforcing its ongoing capital management strategy.The fundraising is aimed at...

Shares of Eternal Ltd., the parent company of Zomato and Blinkit, continued their decline for the eighth consecutive session on Thursday, February 26, reversing early gains after a large block trade in the stock.₹2,403 Crore Block Trade Weighs on Sentiment A total of 9.7 crore shares of...