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India have plunged to the lowest level in more than three years due to higher imports and subdued exports, according to data from commodities consultancy BigMint. Local prices of hot rolled coils used in the manufacturing sector averaged 52,267 rupees ($622.62) per tonne in July, it said. India, the world's second-biggest crude steel producer, turned a net importer in the fiscal year ended March 31, 2024. The trend continued with finished steel imports scaling a five-year high in April-May, according to provisional government data.

Airbnb says its profit fell 15% in the second quarter from a year earlier, as higher income taxes cut into the short-term rental giant’s bottom line even as bookings and revenue rose

U.S. stocks are bouncing back after the market experienced its worst day in two years on Monday, but the average investor may still be understandably spooked

«There may be years where you might see a muted volume growth of about 5-6-7%, but the value growths are far more higher and that is probably reflected in some of the results, like the Maruti results that we have seen for the last the entire financial year 24 and also the first quarter of financial year 25, where the value growth in terms of the revenue, gross profit, EBITDA, is in high double digits,» says Sachin Shah, Emkay Investment Managers. Let us begin by discussing the auto space itself. Quite a few launches lined up. There is the expectation of rural recovery as well. But at the same time, these stocks have run up quite substantially over the last couple of years in terms of the stock price. How do you weigh the risk-reward for this sector right now? Sachin Shah: So, clearly, within the auto, we have three large segments. One is, of course, the passenger vehicles, then you have two-wheelers, and then commercial vehicles. All the three segments have done exceedingly well in the last two-three years now. And the underlying theme between particularly in the passenger vehicle segment which is what you were referring to earlier is largely the game of premiumisation.

Shree Cements Ltd. traded 2.49 per cent up at Rs 25471.2 at around 02:04PM (IST) on Wednesday. The stock had closed at Rs 26121.95 in the previous session. Equity benchmark Sensex traded 620.75 points higher at 79213.82 around the same time.

Equity schemes typically have higher expense ratios, followed by debt and liquid funds. Read this | Mint Explainer: How Sebi is cracking down on unregistered investment advisors Popular brokerage firms like Groww and Zerodha Coin offer direct plans without advice, leading many users on these execution-only platforms to buy trending or high-return funds out of greed or lack of knowledge—a strategy investment experts consider risky. Vishal Dhawan, a registered investment adviser and founder of Plan Ahead Wealth Advisors, emphasized the importance of advisory services.

Max Healthcare Institute Ltd. traded 1.65 per cent down at Rs 848.45 on Wednesday at around 01:54PM (IST), while the benchmark BSE Sensex advanced 613.21 points to 79206.28. As many as 13,855 shares changed hands on the counter with a total value of Rs 1.18 crore.

Sensex traded 614.21 points higher at 79207.28 around the same time.

Tata Elxsi Ltd. traded 1.47 per cent up at Rs 6799.1 at around 01:19PM (IST) on Wednesday. The stock had closed at Rs 6699.95 in the previous session. Equity benchmark Sensex traded 630.33 points higher at 79223.4 around the same time.

Godrej Consumer Products Ltd. traded at Rs 1488.65 on BSE at 12:02PM (IST) on Wednesday, up 0.63 per cent from previous close. The stock quoted a 52-week low price of Rs 959.55 and a high of Rs 1524.7.

SRF Ltd. gained 1.72 per cent to Rs 2530.4 in Wednesday's trade. It hit a high of Rs 2551.65 and low of Rs 2502.0 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 2394.56, while the 50-DMA was at Rs 2397.06. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

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₹15 trillion was wiped out in a single day, even as the volatility index shot up 60%. Like Chaos Theory, at first it looked as if a little flap in the US over a fast-weakening jobs market—and hence recession risk—had triggered a market quake in Japan, with tremors felt everywhere else. The web of causes and effects that shook stock indices, however, isn’t all that hard to explain.

The lender's credit cost, which signals the share of provisions as a percentage of on-book loan portfolio, jumped to 3.38% for the quarter under review against 0.88% a year back. Its gross non-performing assets ratio rose to 5.46% at the end of June from 3.2% a year back.

Havells India Ltd. traded 0.87 per cent higher in Tuesday's session at 01:19PM (IST). The stock opened at Rs 1761.25 and has touched an intraday high and low of Rs 1810.75 and Rs 1761.25, respectively, during the session so far. The stock quoted a 52-week high of Rs 1986.55 and a 52-week low of 1233.1. About 7,677 shares changed hands on the counter so far.

foundit’s recent report on skills assessment trends in India shows that the top-paying skills today are artificial intelligence, machine learning and product management. Here is a look at the specific skills in each vertical and the salary for these roles, according to foundit: AI&ML

MphasiS Ltd. traded at Rs 2679.55 on BSE at 11:16AM (IST) on Tuesday, up 1.07 per cent from previous close. The scrip quoted a 52-week low price of Rs 2068.45 and a high of Rs 3079.2.

PI Industries Ltd. traded 0.55 per cent up at Rs 4244.0 on Tuesday at around 10:45AM (IST), while the benchmark BSE Sensex advanced 317.9 points to 79077.3. As many as 5,690 shares changed hands on the counter with a total value of Rs 2.42 crore.

DLF Ltd. gained 3.35 per cent to Rs 837.35 in Tuesday's trade as of 10:09AM (IST). It hit a high of Rs 844.35 and low of Rs 820.8 during the session. The stock quoted a 52-week high price of Rs 967.0 and a low of Rs 461.55. The return on equity for the stock stood at 6.91 per cent. About 106,309 shares have changed hands on the counter so far.