Adani Enterprises Limited, through its partnership with Sirius International Holding, a subsidiary of International Holding Company (IHC), is venturing into the field of artificial intelligence (AI), IoT and blockchain technology. This collaboration has led to the creation of a joint venture (JV) named Sirius Digitech International Limited, based in Abu Dhabi. The JV is owned … Read more
After a strong surge on Monday, December 4, shares of Adani Group stocks extended their gains on Tuesday, December 5, after a Bloomberg report stated that the US had examined Hindenburg allegations before giving a loan to the Group and found that they weren’t relevant. “The US government concluded that short-seller Hindenburg Research’s allegations of … Read more
With wars raging again in Europe and the Middle East, and U.S.-China tensions on the boil, the political order that underpinned markets for decades is under serious threat. So, too, is the financial order, as the U.S., Europe, and even Japan exit the zero-interest-rate era, and the U.S. and China face deteriorating fiscal health. In … Read more
•Fixed Income: The New 10-Year Benchmark GOI 7.18 2033 traded between 7.28% – 7.39% during this week Old 10-Year Benchmark GOI 7.26 2033 traded between 7.34% – 7.45% during this week, tracking movement in Crude Oil, Currency, US Treasury Yields and Inflation data. •Auction Highlights RBI conducted the Auction for G-sec, SDL, and T-Bill for … Read more
TCS: The IT major’s board approves a buyback of 4.09 crore shares (1.12%) at Rs 4,150 apiece, aggregating to Rs 17,000 crore. An interim dividend of Rs 9 per share was also approved by the board, with Oct. 19 as the record date. Larsen & Toubro: The company received a Rs 64.98 lakh penalty order … Read more
Stocks sank while Treasury yields hit new multi-year highs after jobs data bolstered the case for the Federal Reserve to keep interest rates elevated. Dow posts worst day since March: With Tuesday’s losses, the Dow went into the red for the year, off by 0.4%. The broader S&P 500 is still up 10% for 2023.. … Read more
Stocks sank while Treasury yields hit new multi-year highs after jobs data bolstered the case for the Federal Reserve to keep interest rates elevated. Dow posts worst day since March: With Tuesday’s losses, the Dow went into the red for the year, off by 0.4%. The broader S&P 500 is still up 10% for 2023.. … Read more
Stock Market Live Updates: Nifty at 20150, Sensex at day’s high above 190 pts; Bajaj Auto jumps above 5%, BPCL, Asian Paint sheds BusinessLine Source link