NSE's Nifty rose 217.95 points, or 0.91%, to end at 24,213.30. BSE's Sensex gained 694.39 points, or 0.88%, to close at 79,476.63. The gains were the highest in a day since September 20. The upside was fueled by metal and bank stocks.
US election 2024 exit polls have pointed several key factors as Kamala Harris and Donald Trump's fans are waiting for final results.
Elon Musk was sued in a class action lawsuit by voters who participated in his $1 million-a-day giveaway, alleging it was a fraudulent scheme. The lawsuit claims Musk falsely promised random winner selection and profited by driving traffic to X and collecting personal data. The plaintiff seeks at least $5 million in damages for all participants.
Unilever CEO Hein Schumacher, on a trip to India, emphasized the country's crucial importance for the company's growth. He acknowledged moderate short-term growth expectations, citing returning rural demand and moderate inflation. Schumacher highlighted India's unique position with all of Unilever's core categories present, making it a priority market. He emphasized the company's commitment to both premiumization and its mass-market portfolio to cater to India's diverse consumer base.
TPG, a private equity firm, is creating a $2-3 billion green financing platform in India to support the country's transition to cleaner energy sources. The platform will provide a range of financial services, including project finance and working capital, to renewable energy companies and other businesses involved in the green economy.
Mahindra & Mahindra Ltd's stock, after reaching record highs, experienced a decline but is showing signs of recovery. Experts suggest a potential upward trend, advising short-term traders to consider buying for a possible target of Rs 3,200. The stock has rebounded from support levels and technical indicators suggest a potential upward movement.
Select stocks gain momentum even in volatile markets.
They led the fall – and also the comeback, Yes, bank stocks tend to do both. On Tuesday, the recovery was led by banks in mid-session trade. Yes, some of the large private sector banks were hit in the initial October selling. But a number of them have recovered and are outperforming the bearish markets. In fact, in the case of PSU banks, Q2 earnings have been better than expected for many. Does the rally have more legs?Check out Stock Reports Plus, powered by Refinitiv, for price targets of over... Читать дальше...
US election results for seven battleground states of Pennsylvania, Arizona, Georgia, Michigan, Nevada, North Carolina, Wisconsin are crucial to decide the winner between Donald Trump and Kamala Harris.
Millions of Americans voted in a tense presidential election between Donald Trump and Kamala Harris. Exit polls revealed widespread concern about the state of American democracy, with 73% of voters believing it to be under threat. The economy and democracy were the top issues for voters. The race remained tight, with both candidates vying for victory in key battleground states.
S&P 500, Dow Jones, Nasdaq have performed positively on the US election results day.
Americans faced a critical decision in Tuesday's presidential election, choosing between former President Donald Trump and Vice President Kamala Harris. With record early voting numbers, the closely watched race centered on key swing states and issues like the economy, immigration, and the future of democracy. Both candidates campaigned vigorously, highlighting their contrasting visions for the country.
Boeing factory workers in Washington state voted to accept a contract offer, ending their strike after more than seven weeks. The agreement paves the way for the company to restart production of the 737 Max and other jets. The strike was just one of many challenges facing Boeing as it tries to recover from financial losses and regain public trust.
