Wall Street’s main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome Powell to gauge the central bank’s policy decision later this month.Read More
Nine BSE 100 stocks climbed to their 52-week highs, touching their best levels in a year. Such breakouts are seen as bullish signals, indicating strong momentum.Read More
The government will divest up to 6% of its stake in Bank of Maharashtra through an Offer for Sale, aiming to raise approximately Rs 2,600 crore. This move will help the bank meet the minimum public shareholding norm of 25%, bringing the government’s stake below 75%.Read More
India’s strong 8.2% Q2 GDP briefly lifted markets to new highs before pharma and financial weakness dragged indices lower. Lenskart, Hyundai, Wockhardt, Hindustan Zinc, Max Healthcare and Whirlpool saw major action driven by earnings, sales updates and sector sentiment.Read More
Indian government bonds slipped on Monday, with the benchmark note closing at its lowest in more than two months, as robust economic growth data dimmed rate-cut hopes and as a tumbling rupee added to the pressure.Read More
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