Oil prices continue to stay elevated amid ongoing West Asia tension; Brent trades near $96 per barrel
Oil prices continue to stay elevated amid ongoing West Asia tension; Brent trades near $96 per barrel Source link
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Asian shares slide post Broadcom forecast, oil prices slip
Asian shares decline as the AI-fueled rally which powered global equities to fresh highs lost momentum post a weak forecast from Broadcom Inc. The MSCI Asia Pacific Index declined 0.9% with South Korea dropping 1.6%. Futures contracts for the Nasdaq 100 Index retreated 0.5% as chipmaker Broadcom tumbled 14% in extended trading after its outlook…
Sensex Today | Stock Market LIVE Updates: GIFT Nifty indicates gap-down start; IT stocks remain in focus
Sensex Today | Stock Market LIVE Updates: On the upside, 23,500 continues to remain the first major hurdle to cross for Nifty 50, followed by the 23,700 – 23,800 zone. The market has remained resilient amidst reports and in anticipation of some reform push by the government. The Nifty Bank will be the index to…
Camelian’s Vikas Khemani sees manufacturing as India’s biggest long-term opportunity
Despite recent market volatility triggered by geopolitical tensions and concerns over higher oil prices, Vikas Khemani, Founder of Carnelian Asset Management and Advisors, which managed assets worth $1.07 billion as of April 30, 2026, remains fully invested in Indian equities and sees the country’s manufacturing sector as a major long-term growth driver. Khemani believes the…
Granules India shares gain after US unit gets EIR from USFDA
Shares of Granules India Ltd. gained as much as 2% on Wednesday, June 3, after the company announced that its wholly owned subsidiary, Granules Pharmaceuticals Inc. (GPI), has received an Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for its facility in Chantilly, Virginia. The USFDA classified the inspection as Voluntary…
Stocks to Watch Today, June 4: Jindal Steel, Wipro, Suzlon Energy, BHEL, ITC Hotels and others – Markets
Stocks to Watch Today, June 4: Jindal Steel, Wipro, Suzlon Energy, BHEL, ITC Hotels and others (Image: AI/ET Now) Stocks to Watch Today, June 4: Indian stocks including NHPC, Jindal Steel, BHEL, Wipro, Suzlon Energy and Indian Energy Exchange will be in focus on Thursday following key corporate developments. NHPC’s offer for sale was fully…
Trent shares to trade adjusted for bonus issue today – All you need to know
Shares of Tata Group enterprise Trent Ltd. will be trading adjusted for the bonus issue of shares on Thursday, June 4. The bonus issue was announced by the company alongside its fourth quarter results. Important For Trent Shareholders Trent had announced earlier that it will be issuing bonus shares in the ratio of 1:2, which…
Broadcom shares tank 12% afterhours after sales guidance disappoints Wall Street
Shares of Broadcom Inc. plunged in extended trading on Wall Street on Wednesday, June 3, after the company’s AI chip revenue guidance for the quarter and the full fiscal disappointed the street. What Forecast Did Broadcom Give? According to Broadcom, its revenue from the sale of AI semiconductors will be $16 billion for the third…
Dow Jones falls over 600 points on latest flare up in US-Iran tensions; Nasdaq futures sink
The record-breaking rally on Wall Street took a pause on Wednesday, June 3, amidst the latest flare up in tensions between the US and Iran, which saw the most significant exchange of strikes since the ceasefire was put in place two months ago. The Dow Jones fell over 600 points, while the nine day rally…
Suzlon unveils ‘Suzlon 2.0’, targets 10 GW annual renewable energy sales by FY31
Shares of Suzlon Energy Ltd. are in focus on Wednesday, June 3, after the company unveiled its long-term growth roadmap, dubbed “Suzlon 2.0”, under which it aims to transform itself from a wind turbine manufacturer into a fully integrated renewable energy solutions provider by FY31. As part of the strategy, Suzlon plans to quadruple its…