Transformers and Rectifiers India shares surged to their upper circuit of five percent after a block deal worth Rs 211 crore took place on the exchanges.As many as 27 lakh shares of Transformers and Rectifiers changed hands in a block deal, at a floor price of Rs 780 per share, reflecting a 2.6 percent discount from the previous closing price.Grow Mudra could not immediately ascertain the buyers a...

Shares of Zydus Lifesciences touched a 52-week high of Rs 1,203.20 in the early trade on July 11, riding on the final approval from the United States Food and Drug Administration (USFDA) to market a key drug used to treat chronic heart failure.At 09:21 am, Zydus Lifesciences was quoting at Rs 1,178.95, down Rs 1.45, or 0.12 percent, on the BSE.Sacubitril and Valsartan Tablets (24 mg/26 mg, 49 mg/5...

Bitcoin market cap crosses $1 trillion as buyers flood in, Bitcoin's price reached as high as $52,079 on Wednesday, its latest 25-month high. It was last up 4.29% at $51,690, taking the token's market cap to $1.013 trillion according to price platform Coingecko.The total value invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitc...

Brokerage ICICI Securities bets big on HDFC Bank, Reliance Industries Ltd, and Bajaj Finance Ltd as it expects one out of these three to be India's first stock with a market value of $1 trillion by 2032.ICICI Securities favors HDFC Bank with a 25.5 percent hurdle rate and 20 percent historical profit growth, anticipating a valuation re-rating. RIL needs a 21 percent long-term profit growth, while ...

The nation's gross national debt has surpassed $31 trillion, according to a U.S. Treasury report released Tuesday that logs America's daily finances.Edging closer to the statutory ceiling of roughly $31.4 trillion - an artificial cap Congress placed on the U.S. government's ability to borrow - the debt numbers hit an already tenuous economy facing high inflation, rising interest rates and a strong...