Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
Sensex Today | Stock Market LIVE Updates: The Nifty is now 50 points away from the May 7 high of 24,482, which will be the first level to track, followed by 24,500. After a two-day break, the Nifty Bank resumed its upmove, but 58,500 remains a barrier. The index remains in the broad 57,500 –…
Dharmesh Kant, Head Research at Chola Securities, says India’s growth outlook remains strong, driven by robust demand, infrastructure execution and healthy credit growth. He remains positive on power equipment after further correction, prefers select private and PSU banks, sees value in pharma and hospitals, and is constructive on Mumbai-focused real estate. However, he advises caution…
Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI growth continues to strain memory supply and push chip prices higher. On Tuesday, the world’s largest memory chipmaker by sales is likely to flag an operating profit of…
Shares of Oberoi Realty Ltd. gained over 2% on Monday, July 6, after the company said it achieved gross bookings of approximately ₹8,109 crore at Three Sixty North, Gurugram. Brokerage firm Nomura is also positive on the stock after the strong response to the first phase of the Three Sixty North project. The brokerage has…
Shares of Waterways Leisure Tourism Ltd., which listed on the bourses on Wednesday, July 1, will be in focus on Tuesday, July 7, after the company announced its first corporate action within days of making its stock market debut. In an exchange filing on Monday evening, the Cordelia Cruises operator announced that it will be…
Benchmark indices on Wall Street began the new trading week on a positive note, led by a rebound in chip shares after a two-day sell-off and ahead of two major triggers for their road ahead. The Dow Jones recovered over 400 points from the lows of the day to gain 150 points and close above…
Goldman Sachs has turned more bearish on the Japanese yen, arguing that the currency is likely to weaken further even with an intervention. Goldman Sachs has turned more bearish on the Japanese yen, saying that the currency is likely to weaken further against the US dollar, and a Japanese market intervention to support the currency…
Shares of GE Vernova T&D Ltd., CG Power Ltd., Siemens Energy India Ltd., and Hitachi Energy India Ltd. are rebounding on Monday, July 6, after a sharp sell-off during Friday’s trading session. All the four companies highlighted above had declined between 7% to 9% after a memo from the Ministry of Finance, flagged by brokerages…
Defence stocks, BEL, BDL, Apollo Micro Systems, among others, remain in focus after the Defence Acquisition Council (DAC) approved Acceptance of Necessity (AoN) proposals worth around ₹52,000 crore for the Indian Army, Navy and Air Force. The approvals cover a range of indigenous defence systems, including air defence missiles, anti-drone systems, anti-tank guided missiles, unmanned…
