The Nifty Midcap 100 Index has recently hit an unprecedented high of 60,400 driven more by market forces than by robust corporate fundamentals. Currently, the index trades at a Price-to-Earnings (P/E) ratio above 44 — the highest level since the post-pandemic surge in...
European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserve's outsized interest rate cut, while drugmaker Novo Nordisk slid on disappointing obesity pill data.The pan-European STOXX 600 index closed 1.4% lower, though it recorded a...
NEW DELHI: Shares of PI Industries Ltd. traded 1.75 per cent up in Friday's trade at 11:51AM (IST). Around 3,266 shares changed hands on the counter. The counter opened at Rs 4699.0 and touched an intraday high and low of Rs 4761.3 and...