March 14 – Toronto: Canada’s main stock index surged on Friday, driven by strong performances in the technology and financial sectors, as Mark Carney was sworn in as the new Prime Minister of Canada. However, investor sentiment remained cautious amid concerns that the recent tariff-driven market selloff might not be over. The S&P/TSX Composite Index…
Asset management companies (AMCs) have been among the biggest beneficiaries of India’s rising equity penetration, especially in the post-pandemic years. Over the past five years, their assets under management (AUM) have surged over 200%, and in the last two years alone, AMC stocks have delivered impressive returns. However, the current market correction has put mutual…
Asset management companies (AMCs) have been among the biggest beneficiaries of India’s rising equity penetration, especially since the pandemic. Over the past five years, their assets under management (AUM) have surged more than 200%, and in the last two years alone, stocks of these companies have delivered impressive returns. However, recent market corrections have brought…
Oil prices snapped a seven-week losing streak as US equity markets rebounded and peace talks between Russia and Ukraine hit roadblocks, dampening expectations of Russian crude returning to global markets soon. West Texas Intermediate (WTI) crude gained nearly 1%, settling above $67 per barrel, while Brent crude edged higher but remained just below $71 per…
Shares of Polycab India Ltd surged nearly 2% on Thursday after the company announced that it has signed an agreement with BSNL for the Bharat Net project in the Bihar Telecom Circle. The project, valued at ₹3,002.99 crore, aims to enhance broadband connectivity in the region. Stock Performance Polycab India’s stock gained 1.89%, reaching ₹5,105.75…
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…
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…