MARKET – Page 11 – msmenews.sbs

Euro jumps to five-month high on hopes for Ukraine ceasefire; Canadian dollar rebounds after Trump tariffs

AIMPWAMarch 11, 2025

Euro hits five-month high after Ukraine agrees to ceasefire Canadian dollar rebounds from losses after Trump slaps new tariffs Dollar index on track for 7-day losing streak By Chibuike Oguh and Yadarisa Shabong The euro hit a five-month high on Tuesday after Ukraine agreed to a 30-day ceasefire proposal, while the dollar rose to a...

Wall Street today: US stocks extend losses after Trump slaps more tariffs on Canada

AIMPWAMarch 11, 2025

US stocks extended losses on Tuesday after President Donald Trump announced more tariffs on Canada. Trump said he would raise tariffs to 50% on steel and aluminum coming from Canada. “This will go into effect TOMORROW MORNING, March 12th,” Trump said in a social media post. As of 11 AM Eastern time, the S&P 500 was down...

Airtel share price to be in focus on Wednesday after deal with Elon Musk’s SpaceX. Here’s what to expect

AIMPWAMarch 11, 2025

Bharti Airtel share price will likely hog the limelight in Wednesday’s trading session after the telecom major announced today, March 11, that it has signed a deal with Elon Musk‘s SpaceX to bring Starlink’s satellite internet to India. The agreement to bring Starlink’s high-speed internet services to India are “subject to SpaceX receiving its own...

Ather Energy IPO: Hero Moto-backed EV maker seeks $1.2 billion valuation in upcoming IPO

AIMPWAMarch 11, 2025

Ather Energy Pvt., an Indian electric-scooter maker backed by Hero MotoCorp Ltd., may pursue its planned initial public offering in Mumbai at about $1.2 billion valuation, according to people familiar with the matter. The company, which had initially targeted a valuation of about $2 billion, could aim to sell shares by the end of March...

NMDC share price drops 3.5% as Kotak institutional slashes target price to ₹55

AIMPWAMarch 11, 2025

Continuing their bearish trend for the second consecutive trading session, shares of NMDC, India’s largest iron ore producer, fell another 3.5% in today’s intraday trade on March 11, to ₹63.71 apiece. This decline came after domestic brokerage firm Kotak Institutional Equities cut its target price on the stock to ₹55 apiece from the earlier target...

Multibagger Hitachi Energy share price dips 4% as it launches QIP with floor price at ₹12112.50

AIMPWAMarch 11, 2025

Stock Market Today: Multibagger Hitachi Energy share price declined 4% during the intraday trades on Tuesday. Hitachi energy launched QIP with floor price at ₹12112.50, which was more than 4.7% lower than the closing price of ₹12715.35 for Hitachi Energy shares on the BSE on Monday Hitachi Energy India share price movement The Hitachi Energy...

Buy or sell: Vaishali Parekh recommends three intraday stocks for today — 11 March 2025

AIMPWAMarch 11, 2025

Buy or sell stocks: After showing a range-bound action with a positive bias in the last couple of sessions, the Indian stock market slipped into weakness on Monday and closed lower. The Nifty 50 index ended 92 points lower at 22,460, the BSE Sensex shed 217 points and closed at 74,115, while the Bank Nifty...

NSDL IPO: ₹3,000-crore public issue to launch this month? Here’s what we know

AIMPWAMarch 10, 2025

Securities depository firm National Securities Depository Ltd (NSDL) is expected to launch its much-awaited initial public offering (IPO) this month, reported the news agency PTI, citing officials aware of the development. According to a report in late February, NSDL aims to raise ₹3,000 crore from the Indian stock markets. The potential IPO will need many...

Gensol board allots equity shares to promoter on conversion of warrants

AIMPWAMarch 10, 2025

Electrical Equipment maker Gensol Engineering Limited announced on Monday, March 10, that the company has allotted its promoters equity shares through the conversion of their share warrants into equity shares, according to an exchange filing. “Gensol Engineering Limited is pleased to announce that promoters of the company are reinforcing long-term confidence in Gensol’s vision by...

28,840% returns in five years! Small-cap stocks in focus after allotment of preferential shares

AIMPWAMarch 10, 2025

Small-cap stock: Hazoor Multi Projects Limited, on Monday, March 10, announced that a fundraising committee approved the allotment of 13,52,620 or 13.52 lakh equity shares with a face value of Re 1 apiece, according to an exchange filing. As per the filing data, the conversion of 1,35,263 warrants was at an issue price of ₹300...

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Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

AIMPWAMarch 14, 2025

Continuing its leadership in the gold loan sector, Muthoot Finance has surpassed ₹1 lakh crore in gold loan AUM as of March 14, 2025. The achievement comes amid a strong demand for gold loans, as credit availability from other sources, including fintech lending, unsecured loans, and microfinance, has moderated in recent months, said a press...

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

AIMPWAMarch 14, 2025

The days of intrusive tax scrutiny and compliance enforcement are over and tax administration will be based purely on trust and greater reliance on data mining, Central Board of Direct Taxes chairperson Ravi Agrawal said in a post-budget interview to Mint. Agarwal said that under the revamped new personal income tax regime, those with ₹24 lakh...

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

AIMPWAMarch 14, 2025

New Delhi: The exemption of import duties on components required for making open cells—a key part of LED televisions—has divided India’s nearly-$10-billion TV industry. A section of manufacturers sees the budget announcement as a big boost, but others say the relief will only benefit specific companies, not the entire sector. “The duty abolition will only...

What happens to gift cards when a chain like Joann or Dollar General closes stores? Here’s what shoppers can do.

AIMPWAMarch 14, 2025

Fabrics giant Joann is closing, and the store has stopped taking gift cards — upsetting many customers. Here’s what shoppers should know. Source link

Union Budget 2025: A bold step towards Viksit Bharat

AIMPWAMarch 14, 2025

The Union Budget 2025 has declared that in reaching the destination of Viksit Bharat by 2047, reforms will act as fuel and inclusivity will be the guiding spirit. The reforms have focused on labour-intensive sectors and are towards boosting productivity. This is significant as in its growth journey, India directly moved from agriculture to services...

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Euro jumps to five-month high on hopes for Ukraine ceasefire; Canadian dollar rebounds after Trump tariffs

Wall Street today: US stocks extend losses after Trump slaps more tariffs on Canada

Airtel share price to be in focus on Wednesday after deal with Elon Musk’s SpaceX. Here’s what to expect

Ather Energy IPO: Hero Moto-backed EV maker seeks $1.2 billion valuation in upcoming IPO

NMDC share price drops 3.5% as Kotak institutional slashes target price to ₹55

Multibagger Hitachi Energy share price dips 4% as it launches QIP with floor price at ₹12112.50

Buy or sell: Vaishali Parekh recommends three intraday stocks for today — 11 March 2025

NSDL IPO: ₹3,000-crore public issue to launch this month? Here’s what we know

Gensol board allots equity shares to promoter on conversion of warrants

28,840% returns in five years! Small-cap stocks in focus after allotment of preferential shares

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Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

What happens to gift cards when a chain like Joann or Dollar General closes stores? Here’s what shoppers can do.

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Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

What happens to gift cards when a chain like Joann or Dollar General closes stores? Here’s what shoppers can do.

Union Budget 2025: A bold step towards Viksit Bharat

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Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

What happens to gift cards when a chain like Joann or Dollar General closes stores? Here’s what shoppers can do.

Union Budget 2025: A bold step towards Viksit Bharat

The big post-budget interview: Nirmala Sitharaman says she wanted to ‘honour the taxpayer’