Jupiter Wagons shares surged nearly 6% to Rs 338 after securing a Rs 113 crore order from Indian Railways for 9,000 LHB axles. The contract boosts the company’s rail infrastructure presence, with analysts maintaining a “BUY” rating and positive short-term momentum indicators.Read More
Oracle’s shares surged by 36%, adding $244 billion to its market cap after projecting substantial cloud infrastructure revenue growth, potentially reaching $144 billion by fiscal 2030. This rally briefly elevated Larry Ellison’s wealth, nearing Elon Musk’s.Read More
LIC is facing a challenging year, with its shares down 15% and over 70% of its portfolio stocks in the red, some plunging as much as 74%. Despite the overall slump, select holdings like Tourism Finance Corporation and Laurus Labs have delivered strong gains.Read More
Indian government bonds experienced a slight increase in early trading, fueled by optimism surrounding upcoming inflation data releases in both the U.S. and India. These figures are anticipated to influence expectations for monetary policy easing in both countries. Traders are closely watching U.S.Read More
The Indian rupee weakened slightly to 88.16 against the US dollar amid anticipation of India-US trade talks. The rupee is expected to fluctuate between 87.50 and 88.40 in the near term, influenced by tariff negotiations and potential RBI intervention. Market sentiment is also shaped by upcoming CPI data and expectations of a Federal Reserve rate cut.Read More
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