Bets on 'Trump 2.0' winners and losers whip up markets
Wed, Nov 6, 2024 5:12 PM

Bets on 'Trump 2.0' winners and losers whip up markets

A Flip by Shubhangi Gupta
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Donald Trump's rapid confirmation as the next U.S. president propelled the dollar and punished the euro as investors bet on tariffs on imports affecting trade while tax cuts could benefit U.S. business. U.S. stock futures rallied almost by the most in a year, while the dollar was set for its largest one-day jump since 2022.

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Aptus value on course to achieve strong AUM growth, stable asset quality

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The stock of Aptus Value Housing Finance India has fallen by 18.5% over the past month amid weakness in the broader market despite posting double digit growth in disbursements and higher RoE for the September quarter. The lender is expected to report 25-30% growth in the assets under management (AUM) and net profit between FY24 and FY27.

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GenAI a $10 trillion GDP Booster: RBI Dy Guv Patra

GenAI a $10 trillion GDP Booster: RBI Dy Guv Patra

Mumbai: Generative artificial intelligence (GenAI) could boost global GDP by $7 trillion-$10 trillion over the next three years and add $359 billion-$438 billion to India's GDP by 2029-30, RBI deputy governor Michael Patra said on Wednesday. Patra further said that large language models are estimated to increase the productivity levels of workers by 8-36%.

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Check out the Buzzing Stocks for Today- 14 November, 2024 💥

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📌Vodafone Idea has narrowed its losses to Rs 7176 crore in the September quarter. 📌Varun Beverages has launched a qualified institutional placement on Wednesday. 📌Apollo Tyres posted a net profit of Rs 297 crore in the September quarter. 📌Sun TV posted a net profit of Rs 409 crore in the quarter ended September 2024.

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