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.
Despite tech shares propelling the Nasdaq Composite to record highs, most Asia-Pacific markets saw declines
In the domestic market, foreign institutional investors (FIIs) offloaded shares worth Rs 92.95 crore, on May 18. Meanwhile, domestic institutional investors (DIIs) sold shares worth Rs 152.87 crore
Stocks to Watch on Saturday, May 18: Dr Reddy's Labs received a Form 483 with two observations from the United States Food and Drug Administration
Stocks to Watch on Saturday, May 18, 2024: Vodafone Idea is directing capital expenditure towards enhancing its 4G service coverage, aiming to expand its subscriber base
On a yearly basis, Crompton Greaves' profit soared 5.5 per cent to Rs 138.4 crore in the March quarter of FY24, from Rs 131 crore in the March quarter of FY23
Across Asia, trading sentiment dipped as retail sales data fell short of street expectations, with a modest 2.3 per cent increase in April compared to the previous year
At 6:51 AM, GIFT Nifty futures showed a rise of 26 points, trading at 22,478 levels, signaling a subdued start for the stock exchanges
Dixon Technologies' Q4 profit surged 24.7 per cent to Rs 98.5 crore
At 7:10 AM, Korea's Kospi led the gains with a 1.19 per cent increase, while Hong Kong's Hang Seng was up by 0.99 per cent. Japan's Nikkei also saw a rise of 0.53 per cent
At 6:40 AM, GIFT Nifty futures were up by 90 points, trading at 22,377.50 levels compared to Nifty50 futures, indicating a gap-up opening for the stock exchanges
Across Asia, market sentiment is predominantly positive, tracking Wall Street gains. At 7:26 AM, Japan's Nikkei rose 0.47 per cent, while Korea's Kospi soared 0.11 per cent
At 6:55 AM, GIFT Nifty futures was trading 73 points higher at 22,382.50 levels compared to Nifty50 futures, indicating a positive start for the bourses
On the bourses, Zomato was trading 1.39 per cent lower at Rs 191 per share, at 9:42 AM. By comparison, S&P BSE Sensex was up 0.11 per cent at 72,853.25 levels
As of May 13, 2024, India's weight in the MSCI Emerging Market Index stood at around 18 per cent, a considerable rise from approximately 8 per cent in early 2020
Shriram Finance announced that board has approved the sale of its housing finance subsidiary Shriram Housing Finance to Warburg Pincus for Rs 4,630 crore
Vedanta board will consider and approve the first Interim dividend on equity shares, if any, for the FY25, on May 16.
The stock is the top loser on both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)
Overall, Eicher Motors reported promising numbers, with profits surging over 31 per cent to Rs 983.3 crore in Q4FY24, compared to Rs 747 crore in Q4FY23
The S&P BSE Sensex fell by 780 points or 1.07 per cent to hit an intraday low of 71,882.90 on May 13
Stocks to watch on May 13: Tata Motors' profit zoomed 222 per cent to Rs 17,407.2 crore in Q4FY24 on the back of robust performances across all automotive sectors