Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.

Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.

For stock markets, the short-term and long-term outcomes of the “Trump trade” won’t necessarily be the same.

Donald Trump’s victory

So far, President-elect Donald Trump’s victory Tuesday has been positively received by investors, as was the case in 2016. The S&P 500 rose 2.5% to a record close Wednesday, buoyed by Trump’s stated intentions to, among other tax cuts, take the corporate-tax rate from 21% to 15% for companies that manufacture in the U.S.

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Why the Stock Market is Down Today? [04 November 2024]

Why the Stock Market is Down Today? [04 November 2024]

Stock market crash today: BSE Sensex and Nifty50, the Indian equity benchmark indices, plunged in trade on Monday. While BSE Sensex plunged over 1,400 points, Nifty50 went below the 23,900 mark. At 1:14 AM, BSE Sensex was trading at 78,526.57, down 1,198 points or 1.50%. Nifty50 was at 23,906.90, down 397 points or 1.64%.

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Reliance Industries share are up by 0.09%, Nifty up by 0.22%

Reliance Industries Share Price Today on : At 04 October 2024, 11:31am today, Reliance Industries shares are trading at price ₹2817.65, 0.09% up from the previous closing price. Sensex is trading at ₹82793.47, up by 0.36%. The stock has hit a high of ₹2835.95 and a low of ₹2766 during the day.

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Reliance Group Partners with Bhutan's DHI for Major Renewable Energy Projects, Shares Rocket

Reliance Group Partners with Bhutan’s DHI for Major Renewable Energy Projects, Shares Rocket

The shares of Reliance Power (NSE: RPOWER), a subsidiary of Reliance Group, were trading at ₹53.64 up by ₹2.55 or 4.99 per cent on the NSE today at 11 am, a day after Reliance Group entered into a strategic partnership with Druk Holding and Investments Ltd. (DHI), the commercial arm of Bhutan’s government, to develop significant renewable energy projects in the country. The agreement, signed on October 2, 2024, includes plans for a 500 MW solar plant and a 770 MW hydropower project.

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Stock market today: Why Sensex, Nifty are rising today

Vedanta shares surge, cross Rs 500 mark after disclosure of fourth interim dividend date

Shares of Vedanta Ltd rose over 5% on Thursday after the metal and mining firm said its board would consider fourth interim dividend for FY25 on Tuesday, October 8. Vedanta stock rose 5.24% to Rs 504.75 in the afternoon session against the previous close of Rs 479.60 on BSE. Market cap of the firm climbed to Rs 1.96 lakh crore. A total of 14.38 lakh shares of the firm changed hands amounting to a turnover of Rs 70.82 crore on BSE.

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