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May 2, 2024
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As global markets react to a myriad of factors impacting economies and industries, the European market has witnessed a downturn following a series of corporate earnings announcements and the latest policy decision from the Federal Reserve. The U.K. is forecasted to experience the slowest growth among advanced nations, reflecting ongoing economic challenges. In the tech sector, the recent licensing agreement between Taylor Swift’s label (Universal Music Group) and TikTok has resolved a prior dispute. Meanwhile, the o oil industry faces significant pressures due to a combination of climate change, price surges, high interest rates, and robust inflation. Additionally, a fund manager has cautioned that recent price cuts by Tesla could have unintended consequences. These developments underscore the complex and interconnected nature of global markets and the need for strategic insights and analysis to navigate turbulent economic landscapes As global markets react to a myriad of factors impacting economies and industries, the European market has witnessed a downturn following a series of corporate earnings announcements and the latest policy decision from the Federal Reserve. The U.K. is forecasted to experience the slowest growth among advanced nations, reflecting ongoing economic challenges. In the tech sector, the recent licensing agreement between Taylor Swift’s label (Universal Music Group) and TikTok has resolved a prior dispute. Meanwhile, the o oil industry faces significant pressures due to a combination of climate change, price surges, high interest rates, and robust inflation. Additionally, a fund manager has cautioned that recent price cuts by Tesla could have unintended consequences. These developments underscore the complex and interconnected nature of global markets and the need for strategic insights and analysis to navigate turbulent economic landscapes

As global markets react to a myriad of factors impacting economies and industries, the European market has witnessed a downturn...

May 2, 2024
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#CNBCMarkets Europe stocks fall on slew of earnings European stocks closed lower as global markets reacted to a slew of corporate earnings and the Fed’s latest policy decision. Read more #CNBCEconomy UK to suffer slowest growth of all rich nations The U.K. is on course to be the worst-performing economy of all advanced nations next year, according to new forecasts. Read more #CNBCTech Taylor Swift’s label UMG strikes new deal with TikTok Universal Music Group struck a new licensing agreement with TikTok, putting an end to a spat between the two companies. Read more #CNBCCommodities O oil industry under pressure A perfect storm of climate change, soaring prices, high interest rates and robust inflation has taken its toll on the o oil value chain. Read more #CNBCPro Tesla price cuts could backfire, fund manager says Tesla’s share price remains “very expensive” despite a recent earnings report that failed to impress investors, said this fund manager. Read moreUSNEWS #CNBCMarkets Europe stocks fall on slew of earnings European stocks closed lower as global markets reacted to a slew of corporate earnings and the Fed’s latest policy decision. Read more #CNBCEconomy UK to suffer slowest growth of all rich nations The U.K. is on course to be the worst-performing economy of all advanced nations next year, according to new forecasts. Read more #CNBCTech Taylor Swift’s label UMG strikes new deal with TikTok Universal Music Group struck a new licensing agreement with TikTok, putting an end to a spat between the two companies. Read more #CNBCCommodities O oil industry under pressure A perfect storm of climate change, soaring prices, high interest rates and robust inflation has taken its toll on the o oil value chain. Read more #CNBCPro Tesla price cuts could backfire, fund manager says Tesla’s share price remains “very expensive” despite a recent earnings report that failed to impress investors, said this fund manager. Read moreUSNEWS

#CNBCMarketsEurope stocks fall on slew of earningsEuropean stocks closed lower as global markets reacted to a slew of corporate earnings...

May 2, 2024
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Global Indices GIFT Nifty: 22747 +128 Hangseng: 18014 +251 Dow: 37903 +87 S&P 500: 5018 -17 Nasdaq: 15605 -52 USD / INR: 83.46 Brent Crude: 83.66 GOLD: 2324 FII Net (30-04-2024): +1071 DII Net (30-04-2024): +142 Global Indices GIFT Nifty: 22747 +128 Hangseng: 18014 +251 Dow: 37903 +87 S&P 500: 5018 -17 Nasdaq: 15605 -52 USD / INR: 83.46 Brent Crude: 83.66 GOLD: 2324 FII Net (30-04-2024): +1071 DII Net (30-04-2024): +142

Global Indices GIFT Nifty: 22747 +128Hangseng: 18014 +251Dow: 37903 +87S&P 500: 5018 -17Nasdaq: 15605 -52USD / INR: 83.46Brent Crude: 83.66GOLD:...

May 2, 2024
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The Federal Reserve signaled interest rates could likely remain higher for longer than previously expected on stalling disinflation, but downplayed the possibility of rate hikes following an unchanged rate decision on Wednesday The Federal Reserve signaled interest rates could likely remain higher for longer than previously expected on stalling disinflation, but downplayed the possibility of rate hikes following an unchanged rate decision on Wednesday

The Federal Reserve signaled interest rates could likely remain higher for longer than previously expected on stalling disinflation, but downplayed...

May 1, 2024
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Fed to signal delay of interest-rate cuts The Federal Open Market Committee will hold the target range for its benchmark rate at 5.25% to 5.5% — a two-decade high first reached in July — at the conclusion of its two-day policy meeting Wednesday Fed to signal delay of interest-rate cuts The Federal Open Market Committee will hold the target range for its benchmark rate at 5.25% to 5.5% — a two-decade high first reached in July — at the conclusion of its two-day policy meeting Wednesday

Fed to signal delay of interest-rate cutsThe Federal Open Market Committee will hold the target range for its benchmark rate...

April 30, 2024
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EXIDE INDUSTRIES Q4FY24 SL NET PROFIT 2.8B RUPEES VS 2.1B (YOY) REVENUE 40.1B RUPEES VS 35.4B (YOY) EBITDA 5.2B RUPEES VS 3.7B (YOY) EBITDA MARGIN 12.87% VS 10.36% (YOY) BEAT EBITDA AND MARGINS EXIDE INDUSTRIES Q4FY24 SL NET PROFIT 2.8B RUPEES VS 2.1B (YOY) REVENUE 40.1B RUPEES VS 35.4B (YOY) EBITDA 5.2B RUPEES VS 3.7B (YOY) EBITDA MARGIN 12.87% VS 10.36% (YOY) BEAT EBITDA AND MARGINS

EXIDE INDUSTRIES Q4FY24 SL NET PROFIT 2.8B RUPEES VS 2.1B (YOY) REVENUE 40.1B RUPEES VS 35.4B (YOY) EBITDA 5.2B RUPEES...

April 30, 2024
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Global Indices GIFT Nifty: 22785 +20 Hangseng: 17819 +73 Dow: 38386 +146 S&P 500: 5116 +16 Nasdaq: 15983 +55 USD / INR: 83.43 Brent Crude: 87.06 GOLD: 2345 FII Net (29-04-2024): 169.09 DII Net (29-04-2024): +692.05 Global Indices GIFT Nifty: 22785 +20 Hangseng: 17819 +73 Dow: 38386 +146 S&P 500: 5116 +16 Nasdaq: 15983 +55 USD / INR: 83.43 Brent Crude: 87.06 GOLD: 2345 FII Net (29-04-2024): 169.09 DII Net (29-04-2024): +692.05

Global Indices GIFT Nifty: 22785 +20Hangseng: 17819 +73Dow: 38386 +146S&P 500: 5116 +16Nasdaq: 15983 +55USD / INR: 83.43Brent Crude: 87.06GOLD:...

April 30, 2024
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TRAI • Releases recommendations on ‘Telecom Infra Sharing, Spectrum Sharing, and Spectrum Leasing’ • Telecom service licensees should be allowed to share the passive infra • Passive infra includes building, tower, electrical equipment, etc • Telecom service licensees should be allowed to share all types of active infrastructure elements • In future USOF proj DoT should include provision that USP (Universal Service Provider) shall not refuse to share passive infra • TSPs (Telecom Service Provider) using USOF fund should be mandated to allow roaming to other TSPs for 3 yrs TRAI • Releases recommendations on ‘Telecom Infra Sharing, Spectrum Sharing, and Spectrum Leasing’ • Telecom service licensees should be allowed to share the passive infra • Passive infra includes building, tower, electrical equipment, etc • Telecom service licensees should be allowed to share all types of active infrastructure elements • In future USOF proj DoT should include provision that USP (Universal Service Provider) shall not refuse to share passive infra • TSPs (Telecom Service Provider) using USOF fund should be mandated to allow roaming to other TSPs for 3 yrs

TRAI • Releases recommendations on 'Telecom Infra Sharing, Spectrum Sharing, and Spectrum Leasing' • Telecom service licensees should be allowed...