Sunday, March 2, 2025

Asian shares in tense wait for tariff news, Bitcoin surges

Bitcoin, the world's largest cryptocurrency by market value, shot up more than 11% to $94,110, while ether, the second-largest cryptocurrency, climbed 14% to $2,528.

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Inflation should drop to Fed's 2% target quickly: Treasury Secy

Bessent defended Trump's economic plans on CBS News' Face the Nation, saying the president is seeking "a holistic approach that there will be tariffs, there will be cuts deregulation, there will be cheaper energy" over time.

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Tuesday, February 25, 2025

Up to 28% fall in one month. Will US stagflation mean more bad news for Indian IT stocks?

The sharp drop in US consumer sentiment and persistent inflation concerns have triggered a selloff in Indian IT stocks, which have fallen up to 28% in a month. On Monday, IT stocks fell sharply on concerns over US stagflation as the world's largest economy remains critical to the performance of the domestic tech stocks. Experts cite tariff concerns, weak earnings, and FII outflows as key risks but recommend accumulating large-cap IT stocks for long-term stability.

from Economic Times https://ift.tt/fAkRhgI

Tuesday, February 18, 2025

Small and midcap stocks may face volatility, but long-term returns still strong: Vikas Khemani

​Every day there was some negative news flow, global concern, geopolitical concern, inflation concern, oil prices, commodity, everything was kind of uncertain. But if you look at in that period, whether you bought smallcaps or largecaps, that vintage really delivered great return on 23 and 24.

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Friday, February 14, 2025

"If Trump can truly convince Putin to stop Ukraine aggression, it's great news": French President Emmanuel Macron

French President Macron discussed with Ukrainian President Zelenskyy the possibility of Trump convincing Putin to halt aggression in Ukraine. Macron emphasized that Ukrainians should lead peace talks. Zelenskyy stressed the need for a joint US-Europe strategy for just peace. Trump and Putin agreed to start negotiations to end the Ukraine conflict.

from Economic Times https://ift.tt/wvph0iS

Tuesday, January 28, 2025

GMR Airports shares rise 3% as company swings to black with Rs 202 crore profit in Q3

GMR Airports share price: GMR Airports shares gained 3% on news of significant profit for Q3 FY25, driven by increased passenger traffic and improved operations. Major airports in Delhi, Hyderabad, and Mopa in Goa contributed to the turnaround. Revenue from operations rose 19.2% YoY, with EBITDA surging 48.3%.

from Economic Times https://ift.tt/kdLtZA2

Monday, January 27, 2025

Nvidia’s $589 billion DeepSeek rout is largest in market history

Nvidia's stock plummeted 17%, wiping out $589 billion in market value, due to concerns over Chinese AI startup DeepSeek's competitive, low-cost technology. The news spurred a broader tech selloff, highlighting fears that US firms may have over-invested in AI. Nvidia acknowledged DeepSeek's advancements and denied any violation of US export restrictions.

from Economic Times https://ift.tt/Rt8VJaE

Thursday, January 23, 2025

Largecap valuations near fair value, time to start deploying: Jyotivardhan Jaipuria

​So, banks are cheap. And second is, at these valuations, a lot of bad news is priced in. So, as we see growth coming back, as we see things recovering, then I know banks is one sector which will do well.

from Economic Times https://ift.tt/M7lL4jn

Sunday, January 19, 2025

IREDA shares rise 1.1% as board announces meeting date for fund raise via QIP

IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutional Placement (QIP). IREDA announced a 27% YoY net profit increase to Rs 425.38 crore in Q3 FY25, with a 35.6% rise in revenue. Analysts give a 'Hold' recommendation with a target price of Rs 215.

from Economic Times https://ift.tt/eXMPBLG

Thursday, December 26, 2024

Bright growth outlook for H2, but new risks seen in FY26: Finance Ministry

In its economic review for November, the ministry also said the "combination of monetary policy stance and macro-prudential measures by the central bank may have contributed to the demand slowdown" in the first half of FY25. It termed the RBI's move to lower the cash reserve ratio to 4% from 4.5% as "good news". This will enable banks to lend more and should help boost credit growth, which has "slowed a little too much and quickly in FY25", the ministry said.

from Economic Times https://ift.tt/syHdowk

Wednesday, December 25, 2024

Penny stocks' 1-yr returns up to a whopping 65,000%. Here are 10 biggest multibaggers

Often bought by investors for quick gains, penny stocks too made news in 2024 with a clutch of them rising by more than 1,000% within a year. ET has identified 15 stocks which have risen by up to 65,000%. Here's a list of top ten gainers:

from Economic Times https://ift.tt/rXpQBFW

Bitcoin stays near $64K, Ethereum underperforms as weak risk appetite keeps crypto markets under pressure

Bitcoin traded near $64,000 and Ethereum underperformed as risk appetite weakened. The global crypto market capitalization edged down 2% to ...