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Over 50 smallcap stocks drop 10-50% as broader indices log worst week in 15 months; RailTel, RITES among losers

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Over 50 smallcap stocks drop 10-50% as broader indices log worst week in 15 months; RailTel, RITES among losers

Apart from the above, DB Realty, Jubilant Industries, PTC India Financial, Skipper, India Nippon, Swan Energy, NALCO, Engineers India, KPI Green Energy, Spencers Retail, Sigachi Industries, Indo Amines, and others are among the smallcaps that logged a double-digit rise in their share prices last week. Also Read: Dividend Stocks: Oil India, PFC, TVS Motor Company, … Read more

British pound is beating 92% of global currencies on UK economic rebound

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British pound is beating 92% of global currencies on UK economic rebound

The British pound is beating more than 90% of the world’s currencies this year on signs the nation’s economy is holding up better than expected, keeping interest rates higher for longer. Only 11 currencies — including those of Kenya, Zambia and Sri Lanka — have outperformed sterling in 2024, according to a universe of more … Read more

Over 30 smallcaps log double-digit as Sensex posts fourth straight weekly gain; Tata Group stocks among gainers

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Over 30 smallcaps log double-digit as Sensex posts fourth straight weekly gain; Tata Group stocks among gainers

Apart from the above two, Rallis, Infibeam Avenues, MOIL, Schneider Electric Infra, Zen Technologies, JSW Holdings, Hindustan Copper, SMS Pharma, Rico Auto, Marathon Nextgen, and others are among the smallcaps that logged a double-digit rise in their share prices last week. Markets’ Weekly Print Markets extended a gaining streak for the fourth successive week and … Read more

US stock market: S&P 500, Nasdaq hit record highs as Powell signals rate cuts ahead

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US stock market: S&P 500, Nasdaq hit record highs as Powell signals rate cuts ahead

The US stock market indices ended higher on Thursday, with the S&P 500 closing at a record high and the Nasdaq composite rallying 1.5%, led by gains in technology and growth stocks on rising optimism about prospects for Federal Reserve rate cuts this year. The Dow Jones Industrial Average gained 130.30 points, or 0.34%, to … Read more