The markets were surprised by Ashok Vaswani’s decision to step down from Kotak Mahindra Bank, whose shares slid over 3% on the first trading day after the announcement.But many insiders saw the signs as early as January this year, when the bank onboarded 55-year-old Anup Saha as an executive direct…
Japanese companies' capital expenditure plans shown in the Bank of Japan tankan survey expanded in line with typical historical trends despite lingering Middle East uncertainties, says Daiwa Securities economist Yutaro Suzuki. Investment appetite remains highly resilient, driven by robust corporate…
Shares of Mahindra & Mahindra Ltd rose 3 percent on Wednesday after the automaker reported stronger-than-expected June sales across its automotive and tractor businesses, with both segments comfortably beating market estimates.At 10:01 am, M&M shares were trading at Rs 3,161, up 3 percent, making t…
By Sherry QinChinese artificial-intelligence chip company Cambricon Technologies became the first stock on a Nasdaq-like local venue to join the trillion-yuan club, only to lose the status on the following day amid heightened volatility.Cambricon's market capitalization surpassed 1 trillion yuan, e…
India’s BSE Sensex rose about 0.4% to 76,751 in early Wednesday trading, snapping a two-session losing streak as strong gains in auto stocks supported investor sentiment.However, optimism remained subdued amid persistent concerns over stalled US-Iran negotiations.On the corporate front, KPIT Techno…
July is a very underrated month of the year for global equities, ranking as the second-best month for both the S&P 500 and ASX 200.Since 1980, the S&P/ASX 200 has averaged a 2.13% gain in July and finished higher 72% of the time.Source: Market IndexOur S&P/ASX 200 Total Returns data goes back to 20…
A look at the day ahead in European and global markets from Wayne Cole.It's been a hesitant start to the new quarter in Asia, partly as the market digests the meaty gains made last quarter and partly as the U.S.-Iran talks are busy going nowhere.It seems President Donald Trump's son-in-law Jared Ku…
SGX Sicom Benchmark August TSR20 Rubber Up 0.3 Cent at 210.6 U.S. Cents/Kg
China stocks rose on Wednesday, encouraged by robust factory activity data and President Xi Jinping reiterating a promise of "high-quality development", even as concerns remain over the economy's uneven growth.** The large-cap index CSI300 SZSE:399300 gained 0.4% by the lunch break, while the Shang…
The Indian rupee opened slightly weaker at 94.68 against the US dollar on Wednesday (July 1), compared with Tuesday’s (June 30's) close of 94.66, as investors balanced improving macroeconomic signals with caution over global market conditions.Despite the marginal decline at the opening, sentiment a…
Indian shares opened marginally higher on Wednesday, helped by gains in auto stocks as June sales data trickled in, while lingering caution around a lack of progress in U.S.-Iran negotiations capped gains.The benchmark Nifty 50 NSE:NIFTY rose 0.22% to 23,919 and the BSE Sensex BSE:SENSEX edged 0.26…
According to Bloomberg, Asian equities edged lower as investors turned cautious after a rally in chipmakers and tech stocks helped propel them to their best quarter in 17 years. MSCI's regional equities gauge dropped 0.2%, snapping a two-day gain, with nine of 11 subgroups declining.Stocks in Japan…
CANBERA (dpa-AFX) - Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, boosted by strong gains in the technology sector, which mirrored their peers on the tech-heavy Nasdaq. Traders also refrained from big moves due to the lac…
Mahindra and Mahindra Ltd NSE:M&M:
TFNEW YORK: Major US stock indexes closed higher on Tuesday; the S&P 500 rose 0.75%, the Nasdaq Composite climbed 1.45%, and the Dow Jones Industrial Average increased by0.22%.The S&P 500 and Nasdaq finished out the quarter with their biggest quarterly gains since 2020 as investors remained upbeat…
The Bank of Japan's tankan survey indicates business sentiment will deteriorate in the coming three months, but it could actually turn more optimistic because the latest survey is unlikely to fully reflect the impact of the peace talk between the U.S. and Iran, says Daiwa Securities economist Yutar…
Indonesian shares edged down in volatile trading on the first day of July, hovering around 5,613 in morning trade and lingering at a three-week low.A sharp drop in U.S. futures weighed on sentiment after Wall Street capped its strongest quarter in six years overnight, with fallout from the Iran war…
SSE Commodity Index increased to 6841.00 Index Points, the highest since June 2026.Over the past 4 weeks, SSE Consume Commodity Index lost 0.5%, and in the last 12 months, it decreased 12.21%.
India’s proprietary trading firms are bracing for a funding squeeze from the Reserve Bank of India that could pressure returns from strategies including cash-futures arbitrage, options market making and index arbitrage, according to Bloomberg.
Indian shares are likely to open higher on Wednesday, snapping a two-session losing streak, though caution may persist as a lack of progress in U.S.-Iran peace negotiations keeps geopolitical risks elevated.The GIFT Nifty futures (.GIFc1) were trading at 23,982, indicating that benchmark Nifty 50 N…
