Business

M&M‘s share price surged over 7% in early trading on Friday, following analysts’ bullish outlook and raised target prices after the company’s strong Q4 results. The shares soared as much as 7.66%, reaching a record high of Rs 2,554.75 per share on the BSE. 

Auto major Mahindra and Mahindra reported a net profit of Rs 2,038 crore for the fourth quarter ended March 2024…

By RAs on Stocktwits

Nifty traded choppy last week, closing slightly up at less than a percent from 22200 to 22345. Despite volatility due to monthly expiry and MSCI rebalancing, a staggering GDP growth figure charmed the markets, leading to a recovery and a 1.6% up move on Nifty. Weekly volatility showcased resilience amid turbulence, reflecting the market’s response to eco…

TikTok is taking a page — or many — from Twitch’s playbook.

The wildly popular live video app, made famous with lip-synching music covers and dance moves, is launching a new subscription option for its TikTok Live service on Thursday, granting fans perks in exchange for a monthly fee to access their favorite creators’ content. Access will be restricted to select in…

Shares of PB Fintech fell 3.5% to an intraday low of Rs 1,208 compared to its previous close of Rs 1,252.20. The fall in prices came after the company’s 55 lakh shares or 1.2% equity traded in a block deal, according to news reports. The deal took at an average of Rs 1,228 per equity share making it a deal size of Rs 677 crore. 

Earlier, Tencent Cloud Europe was looking to of…

The RBI’s announcement to go for an Open Market Operation (OMO) sale of G-Secs came as a surprise to the market on Friday. This led to the yield on the 10-year government bond jumping to 7.36%.

While many have called it a “knee-jerk” reaction and said much will depend on the quantum of the OMO sale as well as how the US bond yields pan out, this could add to pressure on debt m…

Saraswati Saree Depot IPO will finalise its share allotment on August 16. The issue was opened on August 12 and stopped taking bids on August 14. The issue raised Rs 160.01 crore through a combination of fresh shares and an offer for saleCome from Sports betting site VPbet. Here’s how you check the status step-by-step:

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2024 has emerged as a historic chapter for India’s stock exchanges, with both the Nifty and Sensex scaling record highs and setting new records. The Nifty 50, the primary index of the National Stock Exchange (NSE), hit a brand new record high of 22,500.

This marks a remarkable ascent in the Nifty’s  trajectory as it sets its sights on surpassing the psychological barrier o…

Director and actor Taika Waititi won a Grammy for Jojo Rabbit, and he had a delightful and on-brand response to taking home the honor.

Posting on social media, he said, “Lol wtfffff” in response to the win. During his acceptance speech, Waititi said, “Well, thank you very much for this honor. I guess they’re just giving Grammys to anyone now. I’ll take it. Thank you.”

The director…

Denis Villeneuve is trying not to think too much about the future. After a gargantuan production process followed by pandemic delays, Dune: Part One is hitting theaters next month (and premiering at Venice Film Festival this week). Its visionary director and co-writer is trying to live in the here and now. But he’s not doing a great job of it, because he’s already thinking about what’s ne…

The Finance Minister for Austria, Gernot Blumel (pictured), has reportedly announced that the government soon intends to introduce a series of wide-ranging reforms to the nation’s gambling market that could involve the establishment of a new all-encompassing regulatory authority.

According to a Wednesday report from iGamingBusiness.com, the revelation comes after the…