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Source: Live Mint May 29 (Reuters) – Australian shares advanced on Thursday, led by banks and energy stocks, a day after data showed that inflation remained steady in April and within the central bank’s target range, encouraging bets of further interest rate cuts this year. The S&P/ASX 200 index rose 0.2% to 8,414.80, as of…
Source: Live Mint The Nifty 50 slipped 63 points, or 0.3%, to close at 24,752, while the Sensex fell 240 points, or 0.29%, to end at 81,312. Broader markets fared better, with the Nifty Smallcap 100 rising 0.33% and the Nifty Midcap 100 ending flat. Against this backdrop, we have picked two stocks—one from the…
Source: Live Mint Coal-fired plants asked to boost stockpiles by 10%, cut imports Move seen as bid to support coal prices, now at four-year lows Traders sceptical that guidelines will spur additional buying BEIJING, – China is pressing its coal-fired power plants to stockpile more of the fuel and import less in an effort to…
Source: Live Mint TSX ends up 0.1%, at 26,283.45 Posts new record closing high BMO gains 1.5% and National Bank adds 3.8% Definity Financial jumps 11.3%. (Updates at market close) May 28 (Reuters) – Canada’s main stock index edged up on Wednesday to a record closing high as investors cheered quarterly earnings from some of…
Source: Live Mint (Bloomberg) — Wall Street keeps inventing new ways to ride the digital-currency boom — from amped-up ETFs and tokenized funds to structured products — and crypto competitors keep circling. But the trade still delivering the biggest rewards belongs to Michael Saylor. His firm, now branded as Strategy, formerly known as MicroStrategy Inc.,…
Source: Live Mint Canadian dollar falls 0.2% against the greenback Extends pullback from a seven-month high Price of U.S. oil settles 1.6% higher Canada-U.S. 10-year spread widens 5.1 basis points TORONTO, May 28 (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Wednesday as recent U.S. economic data bolstered the appeal of…
Source: Live Mint IRCTC Q4 Results: Indian Railway Catering and Tourism Corporation (IRCTC) announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Wednesday, May 28, reporting a rise of 26 per cent in its consolidated net profit at ₹358 crore, compared to ₹284.2 crore in the corresponding period last year. The Indian Railways’ e-ticketing…
Source: Live Mint Multibagger Stock: Indian brokerage firm Anand Rathi Investment Services has picked Tata Investment Corporation, as they estimate a 12.3 per cent upside for the Tata Group stocks in the upcoming one to three months’ time. According to the brokerage, the company’s shares have been consolidating in the broad range for the last…
Source: Live Mint North Eastern Carrying Corporation (NECC) Limited announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Wednesday, May 28, reporting a plunge of 38.4 per cent in net profit to ₹1.76 crore, compared to ₹2.8 crore in the corresponding period last year. NECC has provided massive multibagger returns of 450 per cent…
Source: Live Mint SAIL Q4 Results: Steel Authority of India Ltd (SAIL) announced its Janaury to March quarter results on Wednesday, 28 May 2025. The Maharatna PSU firm recorded an 11 per cent rise in its fourth quarter of the 2024-25 fiscal year, with the net profits at ₹1,251 crore, compared to ₹1,126 crore in…
