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How a tariff rule aimed at China could affect U.S. ad spending
Ending a trade provision might undermine U.S. ad spending by China-founded retailers like Temu, but some say a pullback is unlikely while the battle for market share continues.
4 min read03:58 PM ISTStock market today: Nifty 50, Sensex slide in choppy trade, IT stocks plummet
The Nifty 50 ended the session with a 0.16 per cent drop at 25,377 points. Likewise, S&P BSE Sensex has also concluded the trade at 82,968 points, a 0.13% lower as compared to the previous close.
2 min read03:50 PM ISTSodhani Academy of Fintech Enablers IPO: Steps to check Allotment status, GMP as focus shifts to listing
Sodhani Academy of Fintech Enablers IPO: As subscription for the allotment for initial public offering ended on 17 September, allotment is to be finalised soon. Steps to check Allotment status, GMP as focus shifts to listing
1 min read03:35 PM IST67% of equity MFs outperformed respective benchmarks in August 2024, PL Wealth study finds
Prabhudas Lilladher’s report reveals a 2.04% increase in equity mutual fund AUM, reaching ₹25,64,069 crore in August 2024. Up to 67% of 283 funds outperformed benchmarks, with Large & Mid Cap Funds leading. However, Large Cap Funds lagged, with only 55% outperforming.
2 min read03:26 PM ISTEmcure Pharma share price jumps over 5% to 52-week high as Kotak initiates coverage with ‘Add’ rating; sees 11% upside
Emcure Pharma stock price is up more than 19% from its listing price and over 56% from its IPO price. The pharma stock has risen over 7% in one week and more than 21% in one month.
2 min read02:41 PM ISTSME IPOs: The new gold rush or a fool’s gold?
The rapid rise of SME IPOs has captured investor attention, with record-breaking numbers flooding the market. But as concerns over market manipulation and sustainability grow, the question remains: Is this the next big opportunity, or are investors rushing into fool’s gold?
4 min read02:37 PM ISTIndian markets remained resilient over the last two decades amid US Fed cycles, Capitalmind study reveals
Market observers anticipate a 25-bps Fed cut amid resilient US consumer spending, raising questions about its impact on Indian markets. Historical trends show that while rate cuts can favour equities, the overall effects depend on broader economic factors and indicators.
3 min read02:28 PM ISTIT stocks plunge as investors lock in gains before US Fed rate decision, Nifty IT drops 3.7%
Indian IT stocks faced a sharp sell-off, with the Nifty IT index falling 3.7%, hitting a two-week low. This decline is attributed to profit booking after a strong rally, compounded by negative sentiment from Accenture’s delayed promotions.
1 min read02:13 PM ISTAirtel’s Wynk closure may disrupt music streaming industry, trigger shift to paid subscriptions
Platforms must also differentiate themselves through user experiences and support for independent artists. Experts highlight the need for exclusive content to attract value-conscious consumers.
3 min read02:09 PM ISTPenny stock under ₹5: Financial stock jumps over 4% after new business adoption move
Penny stock under ₹5: Sunshine Capital share price has fallen over 7% in one week and more than 5% in the past one month. Sunshine Capital is a smallcap stock and commands a market capitalisation of ₹1,260.23 crore on the BSE.
1 min read01:52 PM ISTPopular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared