RailTel share price: RailTel has secured orders worth over Rs 700 crore from the Bihar Education Project Council. The contracts include Smart Classrooms, ICT Labs, ISM Labs, and teaching materials across government schools, aimed at boosting digital education and bridging the learning gap.Read More
US equity indices surged, with the Nasdaq reaching a new record, fueled by anticipation of Federal Reserve interest rate cuts following benign inflation data. Sam Stovall of CFRA Research noted growing investor confidence in lower rates.Read More
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as bullish, indicating the potential for further upward movement in the stock.Read More
Gold reached a new record high, fueled by expectations of Federal Reserve rate cuts following weak US payrolls data. Traders are pricing in multiple rate cuts this year, boosting gold’s appeal as a non-interest-bearing asset. The metal’s rally is also supported by central bank purchases, geopolitical tensions, and concerns about the global economy, with analysts...Read More
Karbonsteel Engineering is set to launch its Initial Public Offering of Rs 59 crore. The IPO will open on Tuesday and close on September 11. The company aims to list on BSE SME platform on September 16. It plans to use the funds for facility expansion and debt repayment. The IPO includes a fresh issue...Read More
Godrej Consumer share price: Godrej Consumer Products has announced a Rs 250 crore investment in a new Indonesia facility. The expansion, set to boost the company’s Home and Personal Care capacity by 15% over 18–36 months, underlines GCPL’s confidence in its Southeast Asia growth story.Read More
The dollar weakened to a near seven-week low as investors anticipated revisions to U.S. jobs data, potentially indicating a weaker labor market and bolstering the case for Federal Reserve rate cuts. Economists foresee a significant downward revision in job numbers, possibly prompting the Fed to act more aggressively.Read More
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