Latest Stock Market News

​As India gears up for the final verdict of the Union Election 2024, Motilal Oswal recommends 3 hedging strategies to safeguard your portfolio in bullish, bearish as well as range-bound market.

Adani Group stocks surged up to 9% after brokerage Jefferies recommended buying shares of four companies within the conglomerate in Mumbai.

The Dow Jones Transportation Average has fallen 5% this year, contrasting with the S&P 500 and Dow Jones Industrial Average. Chuck Carlson sees it as a barometer for economic activity, signaling a possible slowdown ahead.

The Dow and S&P 500 closed higher on Friday with the Dow notching its biggest daily percentage gain since November 2023. The Nasdaq ended slightly lower. The New York jury convicted former President Donald Trump of falsifying documents to cover up a hush money payment to a porn star.

Ahead of the 18th Lok Sabha election results, Amar Ambani, Executive Director of YES Securities, suggested several stocks worth buying.

With the Centre sitting on a considerable cash surplus at the moment, it had likely opted to cancel the green bond auction than settle for a lack of a premium, or “greenium” at the auction. The government had planned to raise Rs 6,000 crore through 10-year green bonds at Friday’s auction.

The two firms entered into a subscription agreement for a private placement of 18.6 million Class A ordinary shares, Bitdeer said in a statement on Friday, which generated $100 million in gross proceeds. There was also a warrant to purchase up to five million in additional shares at $10 per share. The private placement closed on Thursday.

The company’s consolidated revenue from operations increased by nearly 65.43% to Rs 264.97 crore during 2023-24, as against Rs 160.17 crore in 2022-23, a media release issued on Friday said.

The index will serve as a benchmark for asset managers and a reference index for passive funds such as ETFs, index funds, and structured products, according to the release.