News

Indian Market News

Global markets update: US stocks close largely unchanged on mixed earnings

/

Following varied corporate earnings from significant US corporations, US markets ended the day largely unchanged. S&P 500 decreased 0.01% to 4,154.52. At 33,897.01, the Dow Jones Industrial Average decreased 0.23%. At 12,157.23, the Nasdaq Composite was up 0.03%. After releasing poorer than anticipated profits, Netflix’s stock price declined. Following the release of first-quarter results that […]

Global markets update: US stocks close largely unchanged on mixed earnings Read More »

Multibagger midcap share price rises 672% in 3 years

/

Elgi Equipments, a major manufacturer of air compressors, outperformed expectations on Wednesday and saw an increase in its share price of nearly 8% on Dalal Street. In its Midcap medallion report, Religare Broking has a ‘Buy’ recommendation with a target price of $530 per share. Currently, Elgi’s target price is seen over a 21-day period.

Multibagger midcap share price rises 672% in 3 years Read More »

Avalon Technologies IPO: What GMP signals after announcement of share allotment

/

Avalon Technologies IPO: Avalon Technologies Ltd.’s initial public offering (IPO) has announced the allocation of shares, and now lucky allottees and market watchers are eagerly awaiting the company’s anticipated 18th April 2023 listing date. Shares of Avalon Technologies Ltd. are currently available at a premium of $10 in grey market after retreating from a double-digit

Avalon Technologies IPO: What GMP signals after announcement of share allotment Read More »

PhonePe Gets Additional USD 100 Million Fund From General Atlantic

/

PhonePe, a decacorn fintech startup with a pre-money valuation of $12 billion, announced on Wednesday that General Atlantic has contributed an additional USD 100 million to its ongoing USD 1 billion financing round. The Walmart group company has now raised USD 750 million with this additional capital, according to PTI. “PhonePe confirms a USD 100

PhonePe Gets Additional USD 100 Million Fund From General Atlantic Read More »

In a renewed effort on Wall Street, T. Rowe will test avalanche blockchain

/

A group of Wall Street companies, including T. Rowe Price Associates, are testing a new version of the Avalanche blockchain in a renewed effort to investigate how the technology may improve the efficiency of financial transactions. According to a news statement, the company will begin testing financial trade execution and settlement on the blockchain with

In a renewed effort on Wall Street, T. Rowe will test avalanche blockchain Read More »

Global markets: US markets decline after the Fed’s minutes raise inflation and the financial crisis concerns

/

The Federal Reserve’s policy meeting minutes from March revealed that officials are worried about the financial crisis and the high inflation, which led to a decline in US markets on Wednesday.At 4,092.28, the S&P 500 fell by 0.40 percent. At 33,652.63, the Dow Jones Industrial Average decreased by 0.10%. At 11,931.13, the Nasdaq Composite fell

Global markets: US markets decline after the Fed’s minutes raise inflation and the financial crisis concerns Read More »

Gold Prices In India Cross Rs 61000 Per 10 Grams, International Prices Hit 1- Year Peak

/

Gold Prices In India: After reaching a record high of Rs 61,145 per 10 gm on Tuesday on the Multi Commodities Exchange (MCX), the price of gold is further rising today. The yellow metal quickly reached a 13-month high on the international market after soaring to a record high on the MCX. It is important

Gold Prices In India Cross Rs 61000 Per 10 Grams, International Prices Hit 1- Year Peak Read More »

Due to OPEC+’s unexpected drop in oil production, gold prices have fallen recently

/

Gold rate saw a sell off in early morning deals due to a surprise output cut announced by OPEC plus countries on Sunday. The MCX futures contract for April 2023 opened lower and hit an intraday low of ₹59,060 per 10 gm. In international spot market, gold price fell 0.90% to $1,950 per ounce. Silver

Due to OPEC+’s unexpected drop in oil production, gold prices have fallen recently Read More »

Scroll to Top