Cash burn and growth at all cost no longer being rewarded as capital turns expensive
LONDON (Reuters) - Heavy falls in European and Asian stock markets followed Wall Street's worst day since mid-2020 on Thursday, as stark warnings from some of the world's biggest retailers underscored just how hard inflation is biting.
It registered 52 per cent rise in its revenue at Rs 294.82 crore for the January-March quarter of FY22 from Rs 194.35 crore in the same period of previous fiscal
The stock jumped 8.30 per cent to Rs 403 on the BSE; at NSE, it zoomed 8.31 per cent to Rs 403.25 apiece
The stock ended at Rs 371.7, with a gain of Rs 79.7 over the issue price of Rs 292 per share
Foreign funds' ownership in domestic equities fell to pre-Covid lows and hit a multi-year low of 19.5 per cent in March this year in NSE500 companies valued at USD 619 billion, shows an analysis
The initial share-sale will be open for public subscription on May 11 and conclude on May 13
At the NSE, the stock dipped 2.57 per cent to Rs 3,805 apiece
Stocks are mixed at the open on Wall Street Thursday as investors again turn their attention to the drama surrounding Elon Musk and Twitter. Musk offered to buy the social media company for $54.20 a share, two weeks after revealing he'd accumulated a 9% stake. Twitter rose 2.2% to $46.87 in early trading. The S&P 500 rose less than 0.1% while the Nasdaq fell 0.4%. The Commerce Department said retail sales rose 0.5% in March, boosted by higher prices for gasoline, as consumers continue to spend despite high inflation. The price of oil fell more than 1%. The yield on the 10-year Treasury rose to 2.74% from 2.72%. World shares were mostly higher Thursday after China indicated its central bank will ease reserve requirements for lenders to counter the blow to its economy from pandemic shutdowns in big cities like Shanghai. London slipped while Paris, Frankfurt, Tokyo and Shanghai gained. U.S. futures were mixed and oil prices fell. Trading was relatively quiet with some Asian markets
The trading hours were revised when the Covid-19 pandemic struck due to the operational dislocations
The initial public offering of Veranda Learning Solutions Limited was subscribed 3.53 times late last month
Serious foreign investors - pension funds, sovereign wealth funds, endowments - continue to load up on India, says Marcellus Investment Managers CEO Saurabh Mukherjee
The benchmark Nifty last week pierced 18,000 for the first time since January 19. While Vehicle financier stocks are likely to gain on the back of demand recovery and improved asset quality
BENGALURU (Reuters) -Indian shares edged higher on Friday after the central bank kept its key lending rate unchanged at a record low, opting to support post-pandemic economy growth despite rising inflation due to the Russia-Ukraine war. The NSE Nifty 50 index was up 0.3% at 17,691, as of 0443 GMT, while the S&P BSE Sensex rose 0.25% to 59,181.17.
Shares of Paytm declined significantly in recent times due to volatile market conditions for high growth stocks, the company's founder and CEO Vijay Shekhar Sharma said on Wednesday
A Delhi court has dismissed the anticipatory bail plea filed by SpiceJet promoter Ajay Singh in a case of an alleged fraud related to the transfer of 10 lakh shares of the airline to a businessman
London and Shanghai declined while Tokyo gained, and Frankfurt was little-changed
The share of retail investors in companies listed on the NSE reached an all-time high of 7.33 per cent in the quarter ended December 31, 2021, up from 7.13 per cent in the previous quarter
World share prices have fallen, with Hong Kong down almost 6% and Shanghai sinking 5% as virus lockdowns and rising numbers of COVID cases in China threaten to disrupt manufacturing and trade. The sell-off gathered pace late in the session despite the release of data showing strong increases in Chinese retail sales, industrial production and investment in January-February. It followed a decision by China's central bank not to ease interest rates to spur economic growth. Prices of oil and other commodities slid as Russian forces pounded the Ukraine capital ahead of another round of talks between the two sides. Germany's DAX lost 2.3% to 13,612.44 and the CAC 40 in Paris was also 2.3% lower at 6,223.67. Britain's FTSE 100 declined 1.5% to 7,088.89. The futures for the S&P 500 and Dow industrials were down 0.7%. Anxiety over the war in Ukraine and an upcoming Federal Reserve meeting on interest rates is keeping markets on edge. Uncertainty about whether persistently high inflation
Russian's invasion of Ukraine has caused markets to swing wildly, given the potential impact on inflation, energy supplies and other economic repercussions