News Overview

MHCV industry declined 1% YoY, a big negative surprise after the average 20% growth in recent months.

Analysts of IIFL Capital Services build-in ~12% EPS Cagr for Nifty over FY24-26 and expect it to outperform other major indices over the next year.

Kross is contemplating a pre-IPO placement to raise an additional Rs 50 crore.

Bharti Telecom acquired more than 8.11 crore shares, or 1.35% of Bharti Airtel, based on block deal data that is available with the National Stock Exchange (NSE).

Early Asian trading saw the price of the precious metal hit $2,135.39, surpassing the previous record high established in 2020 during the pandemic.

HUL aims to achieve net-zero emissions for all its products, from sourcing to the point of sale, by 2039.

Powell stated on Friday that it was evident that the economy was slowing down as anticipated as a result of US monetary policy, with the benchmark overnight interest rate being "well into restrictive territory."

Doms Industries' IPO comprises a fresh issue of shares amounting to Rs 350 crore and an Offer-for-Sale (OFS) of shares worth Rs 850 crore by promoters.

Brent crude futures had increased by 28 cents, or 0.4%, to USD 79.16 a barrel, while U.S. West Texas Intermediate crude futures had increased by 29 cents, or 0.4%, to USD 74.36 a barrel.

Asian markets are trading in mixed cues.