There has and continues to be extensive research on the effects of the stock market on a country’s economy. The following are the reasons why the stock market leads the economy. Many say the stock market is the backbone and reflector of a country’s economic progress. Others opine that the movements of any stock market …
The stock market is erratic, unpredictable and downright crazy at times. Admit it, if it were not, you would not love it and as a matter of fact we would not either. We humans find pleasure in seeking the unknown. The thrill of an adventure invigorates us and we unconsciously run after it no matter …
Super investors, with their vast experience and keen market insights, have a proven track record of making wise investment decisions. Increased ownership by these prominent investors attracts attention from analysts and the media, leading to heightened coverage of the companies they invest in. This, in turn, may generate further interest from investors, potentially driving up …
After the market closed today, Tata Consultancy Services (TCS) announced its financial results for the quarter ending September 30, 2023, along with the declaration of a second interim dividend and a share buyback plan. TCS Results Q2-FY24 In Q2FY24, on a consolidated basis, TCS recorded a robust financial performance, with a significant 8.74% year-on-year increase …
The market extended its winning streak for the second consecutive session amid buoyant global markets and increased buying activity in heavyweight stocks. The Nifty was up by 121 points or 0.62% at 19,811. Buoyant global cues helped domestic markets extend gains for a second straight session as moderating US bond yields improved sentiment. With oil …
Nifty View: The Nifty closed above the 20-day moving average (DMA) and the 50% retracement level of the prior downswing. It recorded another gap-up opening and sustained. The index has registered a close above the two-week high. The volumes were lower than the previous day. The MACD line is almost at the zero line. If …
Info Edge’s (India) wholly-owned subsidiary, Redstart Labs (India) is all set to invest about USD 4,00,000 in Ray IOT Solutions Inc. at the applicable exchange rate. Redstart has agreed to acquire 11,22,019 Series Seed A-5 Preferred Stock. The aggregate shareholding of the Company through Redstart, post this investment, in the said entity would be 12.6% …
About the group: The Prestige Group has firmly established itself as one of the leading and most successful developers of real estate in India by imprinting its indelible mark across all asset classes. The Group has completed 285 projects spanning a developable area of 170 million square feet (mn sqft) and has 54 ongoing projects …
AIA Engineering Limited, a prominent player in the engineering and industrial sector, has taken a significant step with the acquisition of the Mining Products business of Mining Products and Service Pty. Ltd. (MPS) in Australia. This strategic move involved the transfer of MPS’s mining products business to VEGA MPS PTY LIMITED (VMPS), Australia, and the …
The benchmark index S&P BSE 500 opened today at 27,537.99 and made its day high at 27,646.17 and it has closed in green today, up by more than 0.60%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …
