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Jio Financial Services Q1 profit dips 6%; shares slip over 2%
Jio Financial Services Ltd, the financial services arm of RIL, reported a 6 per cent decline in consolidated net profit to ₹313 crore in the first quarter ended June 2024.
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Sensex, Nifty edge lower on profit-taking ahead of key results
Benchmark Sensex and Nifty closed marginally down in a volatile session on Thursday as investors booked profits in heavyweights ahead of the announcement of key financial results for the June quarter.
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Bansal Wire ends 37% higher on listing day at ₹350.30
Bansal Wire Industries on Wedneday entered the bourses on stellar note with a premium 37 per cent.
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Demat account addition zooms on IPO frenzy
The number of new demat account opened by investors has increased 17 per cent last month to 42 lakh from 36 lakh in June on the back of a growing frenzy to make quick money by investing in initial public offer.
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Trump said that if he is elected, he will fire the SEC chairman and find people who love cryptocurrency to supervise it.
Trump said he would fire the chairman of the U.S. Securities and Exchange Commission (SEC) and choose a cryptocurrency-friendly regulator if he returns to the White House, seeking to attract virtual currency fans and capitalize on the industry\’s growing influence in the political arena.
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Stocks that will see action today: July 10, 2024
Infosys has announced a strategic five-year collaboration with Sector Alarm, one of Europe’s leading providers in security, who are partially owned by global investment firm KKR, to transform its core enterprise business systems on the cloud. Through this collaboration, Infosys will work closely with Sector Alarm to migrate its disparate, on-premises Enterprise Resource Planning (ERP) platform onto Microsoft Dynamics 365 Finance and Operations (F&O), helping them modernise its financial and business operating models.
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Popular Chinese concept stocks were mixed on Monday, with TSMC rising 2.7% and Pinduoduo falling 0.5%.
Popular Chinese concept stocks had mixed gains and losses on Monday, with the Nasdaq China Golden Dragon Index (HXC) closing down 0.05%
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Top 20 U.S. stocks by trading volume on June 17: Musk said Tesla’s market value could reach US$30 trillion
On Monday, Nvidia, which ranked first in U.S. stock market turnover, closed down 0.68%, with a turnover of US$37.558 billion.
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60% of the U.S. stock market’s gains this year came from 5 stocks
Wall Street News: U.S. stocks hit new highs again. The S&P 500 index has risen by 14% this year. Just five technology giants, Apple, NVIDIA, Microsoft, Google and Amazon, contributed to 60% of the increase.
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Puravankara shares rise on ₹1,000 crore fundraising approval
Puravankara shares rose about 2 per cent on Friday after the company’s board granted in‐principle approval to raise funds through QIP up to ₹1,000 crore.