Sat, Jan 2, 2021 10:27 AM
Indian oil sardine seemingly on revival path along Kerala coast: CMFRI
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Jio Financial Services, the financial subsidiary of Reliance Industries, witnessed a significant surge of 5% during today's intraday session, reaching ₹371.95 per share. This increase follows the company's announcement, made through an exchange filing on Monday, regarding the signing of an agreement to establish a 50:50 joint venture with BlackRock.
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Private equity firm CVC Capital Partners is planning a market debut on Euronext Amsterdam exchange. German airline Lufthansa has slashed its 2024 earnings forecast. Meanwhile, China's economic data is in focus as growth is seen in the slow lane for Q1CY24, raising expectations of more stimulus. Here's all this and much more on this edition of the World Street.
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The domestic benchmark equity indices, the Sensex and the Nifty 50, began Tuesday's trading day down, following their Asian peers and weak global cues. This was primarily due to investor fears already heightened by geopolitical tensions in the Middle East, as well as anticipation of a probable delay in US Federal Reserve rate cuts.
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