JSW Steel Jumps 4%: Here Are Key Factors Driving This Stock Rally
JSW Steel, one of India’s leading steel producers, saw a sharp rise in its stock price, jumping by nearly 4%, […]
JSW Steel, one of India’s leading steel producers, saw a sharp rise in its stock price, jumping by nearly 4%, […]
EaseMyTrip (Easy Trip Planners Ltd.) shares plunged 19% and reached their 52-week low following the sale of nearly 3% of the company’s stake by its promoters. This sharp decline has unsettled investors, particularly because of the potential strategic impact of the sale.
The market had a weak start on Wednesday due to a drop in FII inflows and a shift of funds
Swiggy, one of India’s largest online food delivery platforms, has received a significant boost in its journey towards a public listing. The company recently got approval from the Securities and Exchange Board of India (SEBI) for its much-anticipated Initial Public Offering (IPO).
Indian Energy Exchange (IEX), a powerhouse in the trading of electricity and renewable energy, took a major hit on Tuesday. The IEX share price dropped 11.56% to an intraday low of Rs 211.60. This sharp drop followed a recent 52-week high of Rs 244.35, sending shockwaves through the market. What could have caused such a dramatic reversal of fortune, especially in a seemingly thriving company? Let’s explore the underlying factors that led to IEX’s significant drop.
The Fed rate cut, followed by the Chinese central bank announcing several measures to support the slowing economy, positively impacted
Market sentiment, or market mood, reflects how investors feel about the market. It shows whether they are optimistic or pessimistic about its future. Positive sentiment leads to more buying, while negative sentiment often causes more selling.
The market on Tuesday was a mix of ups and downs. After a quiet start, Indian equity indices couldn’t maintain their record highs and ended flat, breaking a three-day rallying streak. During the session, the Sensex and Nifty briefly crossed 85,000 and 26,000, respectively. By the end of trading, the Nifty settled at 25,939.05, while the Sensex closed at 84,928.61. Despite the volatility, some stocks stood out as top performers today.
In the current financial landscape, banks in India are struggling with a deposit crunch. With rising competition, banks are finding it challenging to raise sufficient deposits to support their lending activities. To counter this, banks are adopting creative solutions to attract deposits and maintain financial stability.
Have you ever felt overwhelmed by the complexities of managing your finances? Would you prefer having professional help to plan for a secure future?