Lowe's Financial News

28.07 / 06:17

Lowe's NIFTY SENSEX Vodafone index Stock market update: Nifty Pharma index falls 0.01% in a weak market

Ipca Laboratories(up 2.69 per cent), Gland Pharma(up 1.75 per cent), Dr Reddys Laboratories(up 1.62 per cent), Sanofi India(up 1.11 per cent) and Pfizer(up 1.1 per cent) were among the top gainers. Glenmark Pharmaceuticals(down 3.09 per cent), Laurus(down 2.62 per cent), Zydus Lifesciences(down 1.17 per cent), Cipla(down 1.06 per cent) and Alkem Laboratories(down 0.72 per cent) were the top losers on the index.

28.07 / 06:17

UPS Lowe's NIFTY show Havells India shares up 0.54% as Nifty drops

Havells India Ltd. traded 0.54 per cent up in Friday's trade at 11:21AM (IST). Around 8,562 shares changed hands on the counter.

28.07 / 05:07

UPS Citi Lowe's Target Nestle Nestle's Q2 earnings beat Street's estimates. Should you buy stock?

Nestle India June quarter earnings beat Street's expectations, US brokerage Jefferies recommended a 'Hold' on expensive valuations, while Nuvama and ICICI Securities recommended a 'Buy' and 'Add', respectively. Motilal Oswal has a 'Neutral' stance on the counter. The stock on Friday fell to the day's low of Rs 22,187.30 on the NSE, down by 0.60% following its Q2CY23 earnings.

28.07 / 05:07

Lowe's NIFTY SENSEX Vodafone index Stock market update: Nifty Auto index falls 0.23% in a weak market

Mahindra & Mahindra(up 1.36 per cent), Eicher Motors(up 0.57 per cent), Bharat Forge(up 0.4 per cent) and Bajaj Auto(up 0.2 per cent) were among the top gainers. Samvardhana Motherson International(down 2.79 per cent), Sona BLW Precision Forgings(down 2.46 per cent), Tata Motors(down 1.13 per cent), Maruti Suzuki(down 0.63 per cent) and Balkrishna Industries(down 0.58 per cent) were the top losers on the index.

28.07 / 05:07

UPS Lowe's SENSEX show Indian share price Share price of Indian Hotels jumps as Sensex drops 229.91 points

Indian Hotels Company Ltd. gained 0.15 per cent to Rs 385.55 at 10:30AM (IST) in Friday's trade.

28.07 / 05:07

UPS Lowe's Gap SENSEX Chola Inv Finance shares up 0.78% as Sensex falls

Sensex traded 229.96 points lower at 66036.86. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 1214.6 and a 52-week low of Rs 658.0 on NSE.

28.07 / 04:33

COST Lowe's Target Manufacturing share price Laurus Labs share price falls 3% after weak Q1 results; Should you buy, sell or hold?

Laurus Labs share price fell 3% in the trade on Friday after the company reported weak Q1 results impacted by lower sales, operational deleverage and elevated expenses. Laurus Labs shares fell as much as 2.99% to ₹333.50 apiece on the BSE. Laurus Labs Q1 net profit on a consolidated basis fell 88.8% to ₹28.40 crore from ₹252.5 crore in the year-ago period.

28.07 / 03:35

Lowe's UBS MSCI Celebrity track China’s state capitalists celebrate their soaring shares

pension fund as part of a reform process. A boost in the valuation of the firms could eventually help the state meet its pension obligations. The new valuation system, says Meng Lei of UBS, a bank, is an attempt to help investors understand the broader implications of this transfer of state-owned capital to pensioners.

28.07 / 03:35

COST UPS Lowe's Target Racing country The cost of the global arms race

defence spending would boost the economy. “We can reap a genuine peace dividend this year and then year after year, in the form of permanently reduced defence budgets," he declared in 1992. The world took note.

28.07 / 02:59

Lowe's Extreme Action country ‘The era of global warming has ended; the era of global boiling has arrived,’ says UN chief Antonio Guterres

climate change on 27 July, urging immediate radical action to address the record-shattering July temperatures, which he believes indicate that the Earth has entered an "era of global boiling" surpassing warming phase. Guterres described the intense heat experienced across the Northern Hemisphere as a "cruel summer" and emphasised that it is a disaster for the entire planet. He predicted that July 2023 will likely break numerous temperature records, highlighting the urgency of the climate crisis.

28.07 / 02:01

COST UPS Lowe's Fox consequences Financial Financial expert cautions Fed's rate hike 'experiment' will have 'unintended' consequences

Grant's Interest Rate Observer founder and editor Jim Grant weighs in on the Federal Reserve's two-day meeting and U.S. recession probability.

28.07 / 02:01

COST UPS Lowe's CEO Time New home sales decline for first time since February

Redfin CEO Glenn Kelman says it's hard to fault the Fed for 'overdoing' rate hikes when there are other 'persistent' sources of inflation.

28.07 / 00:09

UPS Lowe's Software TCS Drop India's top 4 IT firms saw headcount drop by nearly 20,000 in Q1. Know more

Wipro, Tech Mahindra and Infosys - lost employees in the quarter ended June 2023. Tata Consultancy Services meanwhile saw a net addition of 523 employees during the same period. Infosys saw its attrition rate improve to stand at 17.3% at the end of June even as the company lost nearly 7,000 employees.

27.07 / 20:31

COST UPS Lowe's FIVE What Fed Hikes? Much of America’s Consumer Debt Still Riding Ultralow Interest

In the depths of the pandemic, Alex and Cynthia Durbin refinanced their mortgage at 2.75%. They built up their savings by spending less, then paid off a car loan and student debt. That meant the family’s balance sheet didn’t take a hit when the Federal Reserve started aggressively raising interest rates last year in an effort to cool inflation.

27.07 / 20:07

COST Lowe's Target show country open European Central Bank hikes interest rates to combat inflation and leaves door open to more

The European Central Bank has raised interest rates for the ninth straight time in its yearlong campaign to stamp out painfully high inflation

27.07 / 20:07

UPS Lowe's Waters Highways show dutch A car-carrying cargo ship burning near a Dutch bird habitat stokes environmental worries

A cargo ship packed with cars is still burning close to a world-renowned bird habitat off the coast of the Netherlands

27.07 / 20:07

COST Lowe's Target Fighting Remark show US economy unexpectedly accelerated to a 2.4% growth rate in April-June quarter despite Fed hikes

The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation

27.07 / 19:27

UPS Lowe's classical Borrowing China debt ratio hits record but pace of borrowing eases

borrowing at a slow pace, reflecting low confidence that's hitting economic growth. Total debt combining the household, corporate and government sectors climbed to 281.5% of gross domestic product in the second quarter, according to Bloomberg's calculations based on data from China's central bank and the National Bureau of Statistics. That was up from 279.7% in the first quarter.

27.07 / 19:19

UPS Lowe's Digital AXY Unsecured loans defy RBI caution

MUMBAI : Indians snapped up collateral-free loans at a brisk pace in the June quarter, at a time the banking regulator has turned uneasy over the unabated growth in consumption credit. Unsecured loan portfolios of banks grew in double digits in the first quarter, led by a surge in personal loans. The growth in personal loans at HDFC Bank was 19.5%, ICICI Bank 38.6%, Yes Bank 32%, and Axis Bank 21%.

27.07 / 18:41

UPS Provident Waves Lowe's Returns An Unwelcome Visitor Returns This Summer. Hint: It’s Covid.

Summer is bringing us hot days, vacations—and a Covid bump. If you are surprised to learn that your neighbor, co-worker or kid’s best friend just tested positive for Covid-19, don’t be. Measures of Covid rates including virus levels in wastewater, ER visits, test positivity and hospital admissions are increasing nationally, according to the most recent Centers for Disease Control and Prevention data.

27.07 / 17:13

Lowe's Strategy Align performer track What should Alternative Investment Funds bring to your portfolio?

₹8.3 trillion, as of 31 March. Even though it is a relatively new asset class, the low entry barriers have resulted in the proliferation of funds of all hues. So how should you be thinking about investing in these and evaluating performance of these funds.

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