πNifty opens above 24,400, Sensex up 120 pts; Tata Motors up 3%, Coal India up 2%ππΊ
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Tata Motors shares rise 3% as Trump likely to announce trade deal with UK
More details here π
https://www.moneycontrol.com/news/business/markets/tata-motors-shares-rise-nearly-3-as-trump-likely-to-announce-trade-deal-with-uk-13016848.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
More details here π
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Moneycontrol
Tata Motors shares rise 3% as Trump likely to announce trade deal with UK
Tata Motors share price: Nearly one-fifth of Jaguar Land Rover's revenue comes from the US market
Paras Defence, BDL, Mazagon Dock, others surge up to 4% on investor interest amid border tensions
More details here π
https://www.moneycontrol.com/news/business/markets/paras-defence-bdl-mazagon-dock-others-surge-up-to-4-on-investor-interest-amid-border-tensions-13016957.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
More details here π
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Moneycontrol
Paras Defence, BDL, Mazagon Dock, others surge up to 4% on investor interest amid border tensions
The domestic defence manufacturers has seeing strong investor interest and a robust orderbook on the back Centre's push for indigenization and modernization of armed forces.
Gold rates on May 8: Yellow metal surges amid India-Pak tensions; check the latest rates in your city today
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https://www.moneycontrol.com/news/business/gold-rates-on-may-8-yellow-metal-surges-amid-india-pak-tensions-check-the-latest-rates-in-your-city-today-13017042.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Gold rates on May 8: Yellow metal surges amid India-Pak tensions; check the latest rates in your city today
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 97,323 per 10 gram today.
India neutralises drones and missiles fired on military installations by Pakistan
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Moneycontrol
India neutralises drones and missiles fired on military installations by Pakistan
The press release also mentioned that the response is in line with New Delhi's stated position that any attack on military targets in India will invite a suitable response.
IndusInd Bankβs CD yields 10-15 bps higher in secondary market amid uncertainty
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https://www.moneycontrol.com/news/business/indusind-bank-s-cd-yields-10-15-bps-higher-in-secondary-market-amid-uncertainty-13017986.html?utm_medium=social&utm_source=twitter&utm_campaign=regular-editorial?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
IndusInd Bankβs CD yields 10-15 bps higher in secondary market amid uncertainty
According to the Clearing Corporation of India (CCIL) data, traded yield on the IndusInd Bank CDs were in the range of 6.52 percent to 6.95 percent, as compared to 5.89-6.95 percent for private peers, and 5.70-6.70 percent for PSU banks.
Bill Gates to give away $200 billion by 2045, accuses Elon Musk of harming world's poor
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Moneycontrol
Bill Gates to give away $200 billion by 2045, accuses Elon Musk of harming world's poor
Bill Gates made the announcement on the foundation's 25th anniversary.
π£ War fears loom Dalal Street as India-Pakistan tensions escalate π¨
Here's what to expectπ
https://moneycontrol.com/news/business/markets/war-fears-loom-dalal-street-as-india-pakistan-tensions-escalate-here-s-what-to-expect-13018444.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Here's what to expectπ
https://moneycontrol.com/news/business/markets/war-fears-loom-dalal-street-as-india-pakistan-tensions-escalate-here-s-what-to-expect-13018444.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
War fears loom Dalal Street as India-Pakistan tensions escalate: Here's what to expect
Dalal Street braces for a shaky open as border tensions fuel risk-off sentiment; Nifty support levels in focus
π€Pope Leo XIV: Who is Robert Francis Prevost, the first American pontiff?
Known for advocating on behalf of migrants, poor, and environment, Leo XIV is widely seen as someone who will continue Francisβs progressive legacy.
Get all the details about him belowπ
https://www.moneycontrol.com/world/pope-leo-xiv-who-is-robert-francis-prevost-the-first-american-pontiff-article-13018422.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Known for advocating on behalf of migrants, poor, and environment, Leo XIV is widely seen as someone who will continue Francisβs progressive legacy.
Get all the details about him belowπ
https://www.moneycontrol.com/world/pope-leo-xiv-who-is-robert-francis-prevost-the-first-american-pontiff-article-13018422.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Pope Leo XIV: Who is Robert Francis Prevost, the first American pontiff?
Known for advocating on behalf of migrants, the poor, and the environment, Leo XIV is widely seen as someone who will continue Francisβs progressive legacy.
#MarketsWithMC | Airline, tourism stocks likely to see sharp selloff π» as India-Pakistan conflict intensifiesπ₯
-Indigo operator InterGlobe Aviation shares crumbled 4%
-SpiceJet slipped 3.7%
Details hereπ
https://www.moneycontrol.com/news/business/markets/airline-tourism-stocks-likely-to-see-sharp-selloff-as-india-pakistan-conflict-intensifies-13018474.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
-Indigo operator InterGlobe Aviation shares crumbled 4%
-SpiceJet slipped 3.7%
Details hereπ
https://www.moneycontrol.com/news/business/markets/airline-tourism-stocks-likely-to-see-sharp-selloff-as-india-pakistan-conflict-intensifies-13018474.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Airline, tourism stocks likely to see sharp selloff as India-Pakistan conflict intensifies
Travel and tourism stocks are likely to face selling pressure as escalating India-Pakistan tensions spark fears of cancellations and low demand.
#MarketsWithMC | π»Markets open in REDπ¨
Nifty at 24,100, Sensex down 450 pts; L&T, Titan, defence, tourism stocks in focus
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Nifty at 24,100, Sensex down 450 pts; L&T, Titan, defence, tourism stocks in focus
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#MarketsWithMC | Defence stocks gain on escalating India-Pakistan tension; Paras Defence, Zen Technologies soar up to 6%
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https://www.moneycontrol.com/news/business/stocks/defence-stocks-gain-amidst-escalating-india-pakistan-tension-hal-up-1-6-bhel-up-2-28-13018535.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Defence stocks gain on escalating India-Pakistan tension; Paras Defence, Zen Technologies soar up to 6%
On May 8, shares of defence companies tumbled in the second half amidst profit booking with most defence players losing early gains.
#MarketsWithMC | Sensex, Nifty slip 1%, extend loss to 2nd straight day as border tensions mount
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Moneycontrol
Sensex, Nifty slip 1%, extend loss to 2nd straight day as border tensions mount
While broader indices slid, defence and drone stocks outperformed, drawing investor interest amid fears of further escalation
#EarningsWithMC | Swiggy Q4 Results: Net loss nearly doubles to Rs 1,081 crore
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Moneycontrol
Swiggy Q4 Results: Net loss nearly doubles to Rs 1,081 crore
Swiggy Q4 Results: Revenue from operations rose to Rs 4,410 crore
India's forex reserves drop $2 billion, snap 8-week streak of gains π
More details π
https://www.moneycontrol.com/news/business/commodities/india-s-forex-reserves-drop-2-billion-snap-8-week-streak-of-gains-13019318.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
More details π
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Moneycontrol
India's forex reserves drop $2 billion, snap 8-week streak of gains
The reserves had risen by nearly $50 billion in the nine weeks preceding the reporting week and are now about $19 billion below the all-time high of $704.89 billion hit in late September 2024.
#StartupsWithMC | Flipkart, Meesho, Amazon and others get CCPA notice over illegal sale of walkie-talkies amid escalating India-Pakistan tensions
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Moneycontrol
Flipkart, Meesho, Amazon and others get CCPA notice over illegal sale of walkie-talkies amid escalating India-Pakistan tensions
Amazon had 467 listings of walkie-talkies, Flipkart had 314, Meesho had 489 such listings, and 423 such listings were available on TradeIndia, as per a preliminary analysis across platforms which, the CCPA said, was βan alarming volume.β
Indian forces shoot down Pakistani Fateh-2 missile in Sirsa, foil attack on Jammu Air Base
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Get updates onπ
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Moneycontrol
India-Pakistan News Live: Pakistan violates ceasefire along LoC hours after truce agreement, India retaliates
Operation Sindoor: Foreign Secretary Vikram Misri confirms India-Pakistan have agreed to stop all firing effective 5 PM today
Tackling the timeless question: is it time to buy gold? In this piece Larissa Fernand shares her take on the topic.πͺπ
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https://www.moneycontrol.com/news/opinion/is-gold-a-safe-haven-13013807.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Is gold a safe haven?
Gold is not considered a productive asset as it does not generate cash flows but is still an excellent portfolio diversifier
βNuclear not on cardsβ: Pakistani defence minister Khawaja Asif amid rising India-Pakistan tensions
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https://www.moneycontrol.com/world/nuclear-not-on-cards-pakistani-defence-minister-khawaja-asif-amid-rising-india-pakistan-tensions-article-13019790.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
βNuclear not on cardsβ: Pakistani defence minister Khawaja Asif amid rising India-Pakistan tensions
Asif said the nuclear option is βnot on the table right nowβ but warned that continued conflict could have devastating regional and even global repercussions.
#MarketsWithMC | The biggest listed firms of India, Pakistan & China; India way ahead of Pakistan by billions
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https://www.moneycontrol.com/news/business/markets/a-look-at-the-biggest-listed-firms-of-india-and-pakistan-india-way-ahead-by-billions-13019823.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
The biggest listed firms of India, Pakistan & China; India way ahead of Pakistan by billions
In terms of overall market capitalisation and the size of the biggest listed companies, India is way ahead of Pakistan. A granular comparison shows that the biggest companies of Pakistan do not even come near the top 100 or even 200 of India.