Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With nearly 5 years of experience in leading media organisations, his journey began with HT TechCircle (then NewsCorp TechCircle), followed by roles at CNBC, Republic. He has also worked with Forbes and Sportskeeda in the past. Academically, he holds two post-graduate degrees, one in broadcast journalism from the Indian Institute of Journalism and News Media, Bengaluru, and another in Mass Communications from the University of Leicester. He completed his undergraduate studies in journalism and mass communications from IP University in 2018.
Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With nearly 5 years of experience in leading media organisations, his journey began with HT TechCircle (then NewsCorp TechCircle), followed by roles at CNBC, Republic. He has also worked with Forbes and Sportskeeda in the past. Academically, he holds two post-graduate degrees, one in broadcast journalism from the Indian Institute of Journalism and News Media, Bengaluru, and another in Mass Communications from the University of Leicester. He completed his undergraduate studies in journalism and mass communications from IP University in 2018.
Markets are showing strong momentum, with Nifty firmly holding above the 23,300 mark, indicating that bulls are in strong control
Japan's Nikkei declined 0.70 per cent, contrasting with Korea's Kospi which saw a gain of 0.13 per cent. Australia's ASX200 witnessed a marginal decrease of 0.03 per cent
At 6:35 AM, GIFT Nifty futures indicated a slight uptick, trading 21 points higher at 23,525 compared to their previous close
Overall, the jewelley sector has seen an approximately 8 per cent revenue CAGR during FY19-24, reaching Rs 6,40,000 crore in market value, with the organised segment growing at 18-19 per cent
The downside in Bajaj Finance, Bernstein said, was because much of the positives are priced into the stock's rich valuations
As of 7:10 AM, most Asia-Pacific markets were active following Japan's better-than-expected trade data. Japan's Nikkei was up 0.55 per cent, with Korea's Kospi surging nearly 1 per cent
If successful, this IPO will mark Hyundai Motor Co.'s first listing outside of South Korea
Asia-Pacific markets were buzzing ahead of the Reserve Bank of Australia's rate decision
On the previous day, US markets settled higher, with Nasdaq and S&P 500 reaching record highs
CLSA expects private sector banks, which have been stock market laggards over the past few months, to give better returns ahead, given a good business outlook and inexpensive valuations
Falcon Technoprojects India IPO is a fixed price issue of Rs 13.69 crore. The issue is entirely a fresh issue of 14.88 lakh shares
The rural markets have outpaced urban demand, registering a 7.6 per cent increase compared to a 5.7 percent rise in urban areas, in the March quarter of FY24
A normal monsoon, as predicted by the India Meteorological Department (IMD), is likely to boost farmers' income which may drive up tractor demand, analysts said
The presentation also highlighted that Jaguar Land Rover (JLR) is on course to achieve net debt-free status in the financial year 2025 (FY25)
The confidence stems from the NDA government taking charge at the Centre which, Nomura believes, appears to be stable, primarily due to the major number of seats held by BJP in the coalition govt
Going ahead, analysts see more pain in the offing for broader markets as stocks command extremely rich valuations, limiting upside in the near-term
The S&P BSE Sensex index plunged over 6,200 points intraday, before settling 4,390 points, or 5.74 per cent, lower at 72,079 levels, on Tuesday
Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)
The sharp drop was primarily driven by uncertainty surrounding the outcome of the Lok Sabha 2024 election results
At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory