The FTSE 100 edged higher on opening, supported by Melrose (MRO), which rallied as investors set aside supply issue to focus on management’s bullish outlook. London’s blue-chip index rose 0.2%, or 17 points, to 8,081 as investors showed some wariness over the Trump trade and turned their attention to the prospects of higher US inflation and

Stock Market Today: The Indian benchmark indices closed in the red yet again on Monday, November 18, extending their losing streak to the seventh consecutive session. This marks the longest losing streak since February 2023, as the bears appear to have a firm grip on the market, leaving little room for the bulls to make

Expectations earlier in the year that the Bank of England (BoE) would make a flurry of interest rate cuts have not come to fruition, with pressures following the autumn Budget and the US election driving gilt yields higher. The yield on 10-year gilts has risen to about 4.5%, about 40 basis points (bps) higher than

Union finance minister Nirmala Sitharaman on Monday announced establishing 500 new branches of State Bank of India in the financial year 2025. The finance minister praised the remarkable growth of the state owned banking PSU and its significant contribution to the banking ecosystem.“I understand 500 branches are going to be opened in this financial year

The September quarter (Q2FY25) results of FSN E-commerce Ventures Ltd, the parent of Nykaa, showcased robust growth in the beauty business, while fashion was sluggish—mirroring a trend seen in the previous few quarters. Revenues increased 24% year-on-year to ₹1,875 crore, and the Ebitda margin at 5.5% was slightly below estimates. Beauty gross merchandise value (GMV)

Multibagger BSE SME stock Hazoor Multi Projects hit the 5 per cent upper circuit limit on Monday, November 18 following its Q2 results for the financial year 2024-25 (FY25). The stock defied the weak market mood, and was locked at ₹53.25, its upper price band. The company on Thursday, November 14, posted a strong sequential

(Bloomberg) — Oman’s state energy company is seeking to raise as much as $490 million from the initial public offering of its methanol and liquefied petroleum gas unit, the latest in a flurry of deals from the region. OQ SAOC will offer a 49% stake in OQ Base Industries SAOG at 106 baisas ($0.28) to

A business credit card is convenient for small businesses to finance their venture. This card is specifically designed for businesses, suiting its various needs and requirements. When compared to a personal credit card, a business credit card helps to separate your personal and business expenses. Moreover, some business credit cards offer added rewards too. Why

In its latest earnings review, Motilal Oswal Financial Services (MOSL) observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year (YoY) decline. Despite the subdued overall growth, the Nifty 50 index managed a 4 per cent YoY increase, surpassing MOSL’s estimate of 3 per cent. The

Lamosaic India IPO will open for subscription on Thursday, November 21, and close on Tuesday, November 26. Lamosaic India IPO price has been fixed at ₹200 per equity share of face value of ₹10 each. Bids can be made for a minimum of 600 equity shares and in multiples of 600 equity shares thereafter. Lamosaic