The alternative scenario, however, is grimmer. The mere threat of tariffs has led to near-recessive conditions in the US and pulled down global growth
The Pakistan Stock Exchange (PSX) plunged by more than 3,500 points on Wednesday as uncertainty took hold due to increasing risk of a showdown with India. Information Minister Atta Tarar said that India was planning military action against Pakistan in 26 to 36 hours, spreading panic in the market. The market maintained a downward trend throughout the day and finally the index closed at 111,326.57, down by 3,545.61 or 3.09 per cent, from the last close of 114,872.18, according to the data provided by the PSX. Analysts attributed the plunge to the uncertain security situation after the Pahalgam terrorist attack of April 22 that killed at least 26 people. The Dawn newspaper reported that Mohammed Sohail, chief executive of Topline Securities, attributed the decline to news of a likely attack in the next few days. Awais Ashraf, director research at AKD Securities, said, Investors are worried about potential Indian military action against Pakistan, concerns that have intensified follow
Blue Jet Healthcare's stock was quoting at ₹715, up 4.32 per cent on the National Stock Exchange
Analysts believe that a selective and sector-specific approach will likely yield better results over the next few months
Shares of IndusInd Bank were on the rise today.It not only rallied over 2% in early trade today, but it has also recovered 41% from its March 12th low of ₹605.40.
Short-term investors and those who don't want risks should consider rebalancing sooner, says Rajiv Sharma
Shares of Kenrik Industries are expected to be listed on the BSE SME platform on Friday, May 09, 2025, according to the RHP
Iware Supplychain Services has fixed the price at ₹95 per share, with a face value of ₹10 per share
The dicey environment has pushed Abhishek Singh, who oversees over $2 billion of assets at DSP Mutual Fund, to increase cash holdings in a large cap fund to nearly 13 per cent as of March-end
Laurus Labs stock was quoting at ₹618.50, down 4.18 per cent from the previous session's closing price of ₹645.50
SBI Cards stock was quoting at ₹868.50, down 6.27 per cent from the previous session's closing price of ₹926.55
The Gensol saga is the latest in a list of corporate cases where promoters redirected funds at will and whim. It's yet another wakeup call
Samhi Hotels' stock was quoting at ₹193.53, up 11.26 per cent on the National Stock Exchange
Shares of Voltas and Havells India seem to be favourably placed on the technical charts; while Blue Star and Whirlpool look weak; check target price and key levels here
Tankup Engineers aims to raise ₹19.53 crore through a fresh issue of 1.39 million equity shares
From down 8%, to up over 3% - the NSE Nifty 50 index seems poised to end higher for the 11th time in the last 13 April months; also a relatively shorter F&O series in terms of trading sessions.
MSVPL has been restrained from buying, selling or dealing in securities in its proprietary account
LG Electronics has informed advisors that it may postpone the public issue and may resume if the market conditions improve
Shares of Mahindra Logistics were quoting at ₹322.45 apiece, up 4.88 per cent from Monday's closing price of ₹321.80
Existing shareholders will offload 11.1 million shares, around half the 22 million shares they planned to sell earlier