Oil Prices Take a Breather After Recent Losses Oil prices recovered slightly on Thursday, with Brent crude trading near $66 a barrel and West Texas Intermediate above $62, after plummeting almost 7% over the previous three sessions. This recovery comes ahead of the highly anticipated OPEC+ meeting scheduled for the weekend, which is expected to […]

Global Chipmakers See $200 Billion Surge in Record Rally Amid AI Frenzy Global chipmakers saw their market value soar as investors rushed to get exposure to artificial intelligence, the latest sign of a frenetic bull run that is pushing tech stocks to all-time highs. The sector is being swept up by a wave of good

Commtel Networks Files Draft Papers with SEBI for Rs 900 Crore IPO Commtel Networks, a tech company specializing in designing, building, and implementing integrated telecommunication, security, and safety (iTSS) systems, has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to raise Rs 900 crore via an initial public

Nifty Snaps Eight-Day Losing Streak; Positive Momentum To Sustain The benchmark indices on Wednesday snapped their eight-day losing streak and ended in green. While Indian equity markets were closed on Thursday, analysts expect positive momentum to sustain on Friday, supported by an accommodative monetary policy, favourable monsoon season and festive-led boost in demand. According to

Ashoka Buildcon Acquires Majority Stake in JTCL for Rs 166 Crore Ashoka Buildcon, a leading Indian infrastructure development company, has announced the acquisition of a majority stake in Jaora Nayagaon Toll Road Company Private Limited (JTCL) for a consideration of Rs 166 crore. This strategic move is expected to strengthen Ashoka Buildcon’s presence in the

Asian Stocks Rise, Technology Firms Rally In Japan: Markets Wrap Asian stocks rose at the open, poised for their fourth gain in five weeks, as optimism around artificial intelligence propelled global equities to fresh records. Stocks in Japan gained 1% with Hitachi Ltd. and Renesas Electronics Ltd. among the winners. That came after global equities

Oil Prices Set For Large Weekly Loss Ahead Of OPEC+ Meeting On Supply Oil prices are on track for their biggest weekly decline since late June, ahead of an OPEC+ meeting that’s expected to result in the return of more idled barrels, exacerbating concerns around oversupply. Current Market Trends Brent traded near $64 a barrel,

Gold Price Holds Steady Above Rs 1,17,000 Gold prices today were trading at stable levels above the Rs 1,17,000 mark, amid the festive season. The Central Bank on Wednesday had maintained the repo rate at 5.5% and retained the neutral stance. Gold ahead of the decision has prices surged had to a fresh high of

Nifty’s Short-Term Bottom Likely In Place — Time To Go Long? October kicked off on an upbeat note, much like September’s start, bringing cheer to the markets. On the very first trading session of the month, the benchmark Nifty 50 snapped its eight-day losing streak and closed decisively above the 24,800 mark, gaining 225 points,

TruAlt Bioenergy IPO Listing Today: What You Need to Know The much-anticipated initial public offering (IPO) of TruAlt Bioenergy Ltd. is set to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) today, October 3. The IPO, which was oversubscribed 65.01 times, has generated significant buzz among investors and traders. In