The US stock market experienced a significant selloff on March 10, with major indices suffering steep losses as growing concerns over a potential trade war and a weakening economic outlook rattled investor confidence. The Nasdaq Composite and the S&P 500 took a substantial hit, declining by 4% and 2.7%, respectively. This sharp downturn was driven…
Shares of Indian Railway Finance Corporation (IRFC) are expected to attract significant market attention today, March 11, 2025, following the company’s announcement that its Board of Directors will meet on March 17, 2025. The purpose of the meeting is to evaluate and potentially declare a second interim dividend for the financial year 2024-25. This news…
On Monday, March 10, shares of power generation company SJVN witnessed a decline in trading, reflecting the broader weak market sentiment on Dalal Street. The dip in stock price came despite a significant development for the company—SJVN signed a memorandum of understanding (MoU) with the Chhattisgarh government to develop the 1800 MW Kotpali Pumped Storage…
Indian Railway Finance Corporation (IRFC) is a government-owned financial company that provides funding for Indian Railways. Established in 1986, IRFC helps finance railway projects, including new trains, infrastructure, and modernization efforts. It plays a crucial role in the growth of India’s railway network. Since IRFC operates under government support, it enjoys stable revenue, but its…
JSW Steel, the flagship company of the diversified $24 billion JSW Group, experienced a notable rise in its stock price on Monday, March 10. In early morning trading, the company’s shares surged by 1%, reaching a four-month high of ₹1,022 per share. This uptick in share value came in response to the company’s latest production…
Shares of private-sector lender IndusInd Bank witnessed a sharp decline of over 5% on Monday, March 10, hitting a fresh 52-week low. The slump came after the Reserve Bank of India (RBI) granted a shorter-than-expected extension to the bank’s Managing Director & CEO, Sumant Kathpalia, raising concerns among investors and analysts. On Friday, March 7,…
Suzlon Energy’s stock continued its strong upward momentum as it attracted significant buying interest during Monday’s opening bell. The stock opened higher at ₹55.11 per share on the National Stock Exchange (NSE), reflecting positive market sentiment. Shortly after the opening, Suzlon’s share price climbed further to an intraday high of ₹56.69, marking a gain of…
Tata Power’s share price saw a strong upward movement on Monday morning, rising nearly 3% in early trading. The surge came after the company announced that its subsidiary, Tata Power Renewable Energy Limited (TPREL), had signed a Memorandum of Understanding (MOU) with the Andhra Pradesh government for the development of up to 7,000 MW of…
Early Monday trading saw a downturn in U.S. stock futures, while the safe-haven Japanese yen strengthened, as concerns over deepening deflationary pressures in China fueled global economic uncertainty. Investors remained on edge amid signs of slowing growth in both China and the United States, compounded by ongoing trade tensions worldwide. Futures tied to Wall Street’s…
HFCL is expected to attract significant market attention on Monday following a major development involving its subsidiary. The company’s subsidiary has secured a substantial contract worth ₹44.36 crore from the Indian Army. This contract win highlights HFCL’s growing role in defense-related projects and reinforces its presence in the telecommunications and technology sector. Investors and market…