U.S. stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report stoked fears of an oncoming recession. The Labor Department said nonfarm payrolls increased by 114,000 jobs last month, well short of the 175,000 average forecast by economists polled by Reuters,Continue Reading
Finance Minister Nirmala Sitharaman presented the first Union Budget of the Modi 3.0 government and her seventh consecutive budget during the Monsoon Session of Parliament. She highlighted that this budget’s focus will be on employment, skilling, MSME and middle class. She also said that the government will launch scheme toContinue Reading
The initial public offering (IPO) price range for Sahaj Solar has been set at ₹171 to ₹180 per share, with a face value of ₹10. Subscriptions for the Sahaj Solar IPO opened on Thursday, July 11, and will run through Monday, July 15. There are at least 800 shares available for bidding, asContinue Reading
Shares of Oil India hit a new high of Rs 743.30, as they rallied 5 per cent on the BSE in Friday’s intra-day trade ahead of bonus shares in the ratio of 1:2 i.e. 1 (one) equity share for every 2 (two) existing equity shares held in the company. TheContinue Reading
The Indian equity benchmark indices, Sensex and Nifty 50, are expected to extend rally and open higher on Friday tracking positive momentum in global peers. Asian markets traded higher, while US stock market indices ended overnight with minor gains as Treasury yields dropped. On Thursday, the Indian stock market indicesContinue Reading