On Monday, March 17, 2025, IndusInd Bank’s share price surged by 5%, reaching ₹707 on the BSE during intra-day trading. The rally came after the Reserve Bank of India (RBI) reassured depositors about the bank’s financial stability, following a sharp decline in its stock price due to concerns over an accounting error. Stock Price Volatility…
South Korea’s financial markets experienced a notable uptick on Monday, driven by China’s recent commitment to bolster domestic consumption and positive cues from Wall Street. The benchmark KOSPI index rose by 36.85 points, or 1.44%, reaching 2,603.21 as of 03:24 GMT. Market Movers: • Technology Sector: Leading the surge, Samsung Electronics saw a significant increase…
The euro strengthened on Friday following news that German political parties had reached a fiscal agreement that could boost defence spending and stimulate economic growth in Europe’s largest economy. Meanwhile, the U.S. dollar weakened against the euro but gained ground against the Swiss franc and Japanese yen, supported by optimism that the U.S. government will…
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…
Mumbai, March 13: Shares of Mahanagar Telephone Nigam Ltd (MTNL) skyrocketed 18.4% in early trade on the BSE, reaching a day’s high of ₹51.30 on Thursday. The surge came after the company’s earnings of ₹2,134.61 crore from land and building asset monetization were disclosed in Lok Sabha by Minister of State for Communications Pemmasani Chandra…
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…
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…