Tokyo, March 13: Japan’s Government Pension Investment Fund (GPIF), one of the world’s largest pension funds, is reportedly set to maintain its current asset allocation for the next five years, starting April 2025. Despite months of speculation that GPIF might increase investments in domestic stocks and bonds, equity investors see only a limited impact from…
Singapore, March 12 (Reuters): The Australian dollar (AUD) and New Zealand dollar (NZD) slid to their lowest levels against the euro since the COVID-19 pandemic, as Ukraine agreed to a U.S.-proposed ceasefire, potentially marking a step toward peace. The euro surged to A$1.7418, its highest level since April 2020, and NZ$1.9167, the strongest since March…
Singapore, March 12 (Reuters): The euro soared to a five-month high on Wednesday as Ukraine signaled readiness to accept a month-long ceasefire, boosting investor sentiment. However, global stock markets remained volatile due to uncertainty over U.S. tariff policies and concerns about a U.S. economic slowdown. European Markets React to Ceasefire Talks Following news that Ukraine…
Sydney, March 12: Australian shares extended losses on Wednesday, briefly entering correction territory as investor sentiment took a hit following reports that the White House had denied Australia an exemption from U.S. steel and aluminium tariffs. The S&P/ASX 200 index fell 1.2% to 7,793.6 as of 0001 GMT, after plunging as much as 1.6% earlier…
Mumbai, March 11: Shares of Anupam Rasayan India Ltd. climbed nearly 3 per cent in early trading on the Bombay Stock Exchange (BSE) on Tuesday despite a weak broader market sentiment. The surge came after the company announced a major ₹922 crore Letter of Intent (LOI) with a leading Korean multinational company (MNC). Stock Performance…
Bharat Electronics Limited (BEL) shares will be in focus on Tuesday as the stock trades ex-dividend today, March 11, 2025. Alongside its dividend declaration, the company announced fresh orders worth ₹843 crore, pushing its total order book for the ongoing financial year to ₹14,567 crore. BEL Dividend Details BEL had set March 11, 2025, as…
IndusInd Bank shares extended their losing streak for the fifth consecutive session, plunging 23% in morning trade on Tuesday, March 11, 2025. The sharp decline came after the private sector lender disclosed discrepancies in its derivatives portfolio, raising investor concerns over financial stability and risk management. Stock Hits 52-Week Low On the Bombay Stock Exchange…
Shares of Hindustan Zinc, a subsidiary of Vedanta, fell 1.5% to ₹420.05 on the BSE on Tuesday following the company’s announcement of a ₹500 crore non-convertible debenture (NCD) issuance through a private placement. The move aims to raise capital while maintaining shareholder equity, but the market reacted with a slight dip in stock prices. Board…
IndusInd Bank shares faced a sharp decline of over 5% on March 10, reaching a new 52-week low. The slump followed the Reserve Bank of India’s (RBI) decision to extend the tenure of CEO Sumant Kathpalia for only one year, significantly shorter than the bank’s board had requested. This move has raised concerns among investors…
On Monday, March 10, 2025, global stock markets experienced notable declines, driven by escalating recession fears and uncertainties surrounding international trade policies. U.S. Markets: Futures Point to Sharp Declines U.S. stock futures indicated significant losses ahead of the market open. Dow Jones Industrial Average futures dropped 1.2%, equating to a 500-point decline, while S&P 500…