April 17, 2024, 12:08 PM - 2 min read
The latest blow to Tesla's market standing came with the announcement of substantial job cuts, further highlighting concerns about the company's demand outlook. Analysts have pointed to a series of challenges facing Tesla, including a slowing demand for EVs and the company's decision to pivot away from plans for a cheaper EV toward the development of a "robotaxi."
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March 28, 2024, 08:54 AM - 2 min read
Among the prominent stocks included in the eligibility list are Ambuja Cements, Ashok Leyland, Bajaj Auto, Bank of Baroda, BPCL, Cipla, as well as three Tata Group stocks, among others. This move comes as part of the Securities and Exchange Board of India's (Sebi) initiative to introduce the beta version of the T+0 trade settlement cycle.
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March 6, 2024, 04:44 PM - 2 min read
Sensex and Nifty hit all-time highs of 74,151 and 22,497, respectively, during the day. BSE-listed firms' market cap surged to a record Rs 391.34 lakh crore. Despite trading with losses initially, the market rebounded and closed at record highs in Wednesday's session.
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March 5, 2024, 08:18 PM - 2 min read
Westlife Foodworld operates nearly 380 McDonald's restaurants across 62 cities in Telangana, Gujarat, Karnataka, Maharashtra, Tamil Nadu, Kerala, Chhattisgarh, Andhra Pradesh, Goa, Madhya Pradesh, and Puducherry. However, recent allegations emerged against the franchisee, accusing one of its outlets in Maharashtra of substituting real cheese with alternatives in burgers and nuggets.
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February 27, 2024, 04:19 PM - 2 min read
The rise in IT stocks, particularly Tata Consultancy Services (TCS), contributed significantly to the market's upward trajectory. IT stocks registered a gain of 0.72%, reversing the previous session's decline, driven by TCS's performance following an upgrade by UBS from "neutral" to "buy."
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February 23, 2024, 04:17 PM - 2 min read
The 30-share BSE Sensex concluded the day at 73,142.80, marking a decrease of 15.44 points or 0.02 per cent. Similarly, the NSE Nifty ended at 22,193.65, down by 23.80 points or 0.11 per cent. Nifty Bank also experienced a dip, falling by 141.80 points or 0.30 per cent to reach 46,778.
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February 22, 2024, 08:48 PM - 2 min read
Earlier in the day, both indices opened marginally higher but showed signs of weakness, with a decline of about 0.8%. However, in the final two hours of trading, they reversed course, reflecting investor confidence and bullish sentiment.
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February 19, 2024, 05:02 PM - 2 min read
With an eye on earnings, company valuations, and growth prospects, here's a look at seven stocks that analysts believe could offer investors a return of over 30 percent due to their solid fundamentals and promising growth outlook.
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February 16, 2024, 01:11 PM - 2 min read
The bulk deal data does not disclose the identity of the buyers, there have been previous reports indicating the interest of Adani group investor GQG Partners in acquiring a stake in Vedanta.
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February 2, 2024, 10:40 AM - 2 min read
The stock tanked 20 per cent to Rs 487.05 — its lowest trading permissible limit for the day — at the BSE. On the NSE, it tumbled 20 per cent to hit the lower circuit limit of Rs 487.20.
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January 29, 2024, 10:54 AM - 2 min read
Benchmark equity indices rebounded in early trade on Monday in tandem with a rally in Asian markets along with buying in blue chip firms HDFC Bank and Reliance Industries.
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January 23, 2024, 05:05 PM - 2 min read
As of early trade, Zee's stock traded at ₹208.3, marking its lowest point since mid-July 2023. This significant drop comes after the stock had already experienced an 8% decline since the merger announcement in September 2021 and a cumulative 16% slump in the first month of 2024, fueled by mounting apprehensions surrounding the deal.
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