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2024-11-07
The Times of India
Asian stocks snap winning streak, await RBA
Asian stocks snapped a three-day winning streak on Tuesday, slipping as the bond market's rally paused and investors reined in enthusiasm about a possible peak in global interest rates. Focus is on whether Australia's central bank turns odd man out and raises rates, with a policy decision due at 0330 GMT. Stubbornly ...
2024-11-07
The Times of India
India rupee down in line with Asian peers, premiums retreat
Agencies The Indian rupee fell slightly on Tuesday after the U.S. dollar recouped a small part of its recent losses, while far forward premiums dropped amid the soft overnight swap rate. The rupee was at 83.2525 to the dollar at 10:40 a.m. IST, down from 83.2150 in the previous session. The Korean won, the Malaysia...
2024-11-07
The Times of India
UBS posts first quarterly loss since 2017 on Credit Suisse costs
AFP UBS posted a larger-than-expected loss in the third quarter on Tuesday, the first quarterly drop since 2017 as it integrates Credit Suisse after taking over its fallen Swiss banking rival. Switzerland's largest bank said the net loss in the third quarter stood at $785 million (732 million euros). Analysts surve...
2024-11-07
The Times of India
Dollar steady as risk rally eases, RBA in focus
Agencies The dollar was steady on Tuesday, holding overnight gains as investors took a breather from a risk rally, while the Australian currency drifted lower ahead of a central bank interest rates decision later in the day. All eyes in Asian hours will be on the Reserve Bank of Australia, which is widely expected...
2024-11-07
GlobeNewswire
Demystifying Custom Software Development: 8 Biggest Blockers to Your Business Growth
NAPLES, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) --Intetics,a leading American technology company, released a White Papercoveringthe eight biggest fears keeping businesses from enhancing processes with custom software. Imagine you have something in your business that relies on outdated software or even manual processes t...
2024-11-07
ABC News
Mississippi voters will decide between a first-term GOP governor and a Democrat related to Elvis
JACKSON, Miss. --Mississippi Republican Gov. Tate Reeves won a second term Tuesday in the conservative state where his party dominates. Reeves defeated challenger Brandon Presley, who raised more money and made an aggressive push to give Democrats a rare statewide victory in the Deep South. “Mississippi has momentum, a...
2024-11-07
The Times of India
If you have a one-year horizon, then you are better off doing bank fixed deposits now: Lakshmi Iyer
ETMarkets.com Lakshmi Iyer , President & CEO, Investment Advisory. Kotak Investment Advisors , says “I think it is going to be a period of wait and watch. Yields will continue to gyrate. We have seen one of the highest volatilities as far as developed market yields are concerned. It is extremely whipsawed and therefor...
2024-11-07
ETF Daily News
Financial Comparison: BM Technologies (NYSE:BMTX) versus AB International Group (OTCMKTS:ABQQ)
BM Technologies (NYSE:BMTX–Get Free Report) and AB International Group (OTCMKTS:ABQQ–Get Free Report) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, valuation, earnings...
2024-11-07
The Times of India
TCS top recruiter at IIM-A third cluster placements
Agencies Tata Consultancy Services was the top recruiter with 19 offers in Cluster 3 of the summer placements at Indian Institute of Management-Ahmedabad, followed by FinIQ and Tata Steel . Close to 40 firms participated in the third cluster for the 2025 class of post-graduate programme in management, the institute...
2024-11-07
GlobeNewswire
Global IoT in Insurance Market to Size USD 5,368.70 Billion in 2032 | Emergen Research
Vancouver, Nov. 07, 2023 (GLOBE NEWSWIRE) -- The globalInternet of Things (IoT) insurance marketis expected to reach a market size of USD 5,368.70 Billion by 2032 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing improvements in insurance model is a key factor expected to ...
2024-11-07
The Times of India
Uber bets on holiday travel demand to forecast strong fourth quarter
Reuters Uber Technologies forecast fourth-quarter gross bookings and adjusted core profit above market expectations on Tuesday, betting that the holiday season would boost demand for its ride-hailing and food-delivery services. After a bruising 2022, the dominant U.S. ride-hailing company has benefited from the retur...
2024-11-07
The Times of India
Tata AIG offers travel insurance to passengers of Air India
MUMBAI: Tata AIG General Insurance Company Limited now offers travel insurance to Air India, for both of its domestic and international travellers. The airline passengers can seamlessly purchase travel insurance while booking their flights through Air India’s various booking platforms the company said."Air India passen...
2024-11-07
ETF Daily News
Westpac Banking Co. (ASX:WBC) Announces Dividend Increase – $0.72 Per Share
Westpac Banking Co.(ASX:WBC–Get Free Report) announced a final dividend on Tuesday, November 7th,MarketIndexAUreports. Shareholders of record on Monday, December 18th will be given a dividend of 0.72 per share on Monday, December 18th. This represents a yield of 3.38%. The ex-dividend date is Wednesday, November 8th. T...
2024-11-07
The Times of India
Crypto Price Today: Bitcoin holds above $34,000; Dogecoin, Toncoin jump over 6%
Getty Images Major crypto tokens traded higher on Tuesday amid optimism and stimulating bullish sentiments within the market. While the global cryptocurrency market cap surged nearly 1% to around $1.33 trillion in the last 24 hours. Bitcoin was up 0.16% at $34,930 as of 12:10 p.m., while Ethereum was just below the $...
2024-11-07
ETF Daily News
Sepio Capital LP Raises Holdings in Coupang, Inc. (NYSE:CPNG)
Sepio Capital LP lifted its stake in shares of Coupang, Inc. (NYSE:CPNG–Free Report) by 459.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 411,281 shares of the company’s stock after buying an additional 337,768 shares during the quarter. ...
2024-11-07
GlobeNewswire
Perella Weinberg Reports Third Quarter 2023 Results
Financial Overview - Third Quarter Financial Overview - Nine Months Talent Investment and Strategic Actions Capital Management NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the “Firm” or “PWP”) (NASDAQ:PWP) today reported financial results for the third quarter ended September 30, 2023. Reven...
2024-11-07
The Times of India
Bitcoin’s grip on crypto eases after climb in smaller tokens like XRP
AP Speculative crypto demand is widening beyond Bitcoin ’s revival. Gauges tracking the bottom half and 30 mid-tier tokens in MarketVector’s index of the largest 100 digital assets are up 16% and 14% respectively so far in November — exceeding the wider measure’s 4% gain and a 1% rise in Bitcoin. As a result, Bitcoin’...
2024-11-07
Forbes
Building Unbiased Awareness Of The Life Settlement Marketplace
Rob Haynie is the Managing Director of Life Insurance Settlements, Inc. and serves on the Board of Directors of LISA. Having just begun my 30th year in the life settlement market, I’m beginning to see a momentum shift in both the acceptance and the awareness of the life settlement option. The most recent monumental e...
2024-11-07
The Times of India
Hot Stocks: Brokerages on Varun Beverages, Divi’s Laboratories, Nykaa and Bharat Forge
ET Bureau & Agencies Brokerage Jefferies maintained a buy rating on Varun Beverages and downgraded Divi’s Laboratories to hold. CLSA downgraded Bharat Forge to sell and Morgan Stanley maintained an overweight rating on Nykaa . We have collated a list of recommendations from top brokerage firms from ETNow and oth...
2024-11-07
The Times of India
Shein targets up to $90 billion valuation in US IPO
Agencies Shein is touting its hopes for a valuation of as much as $90 billion as it lays the groundwork for an eventual US initial public offering, a level that far exceeds how the fast-fashion giant is valued in private trades, according to people familiar with the matter. The company has told prospective investors t...
2024-11-07
GlobeNewswire
NJM Insurance Group Claims Service Recognized by J.D. Power for the Sixth Year in a Row
West Trenton, NJ, Nov. 07, 2023 (GLOBE NEWSWIRE) -- NJM Insurance Group has been certified by J.D. Power for providing “An Outstanding Auto Claims Experience” for personal lines customers. NJM has now earned this prestigious designation for six consecutive years and is the only insurance company to receive it each ye...
2024-11-07
The Times of India
Nykaa shares jump over 4% post Q2 earnings? Should you buy stock?
Agencies Shares of FSN E-Commerce Ventures jumped over 4% to the day's high of Rs 154.80 on the NSE in the opening trade on Tuesday after several brokerages took a favourable view on the stock following its September quarter earnings. Among them were Morgan Stanley which remains overweight on the counter relying...
2024-11-07
The Times of India
Stocks in news: Nykaa, Info Edge, Power Grid, Mamaearth, Bajaj Finance
Shutterstock.com Emami posted net profit of Rs 178 crore in the July-September period. Revenue from operations came in at Rs 864 crore. GIFT Nifty on the NSE IX traded 16.5 points, or 0.08 per cent, lower at 19,463.5, signaling that Dalal Street was headed for muted start on Tuesday. Here's a slew of stocks that will b...
2024-11-07
The Times of India
Trent Q2 Results: Tata-owned company's profit surges threefold, shares hit record
ETMarkets.com Indian retailer and hypermarket operator Trent on Tuesday reported a nearly three-fold surge in the second-quarter profit because of strong demand , sending its shares to a record high. The Tata Group-owned company's consolidated net profit rose to 2.35 billion rupees ($28.23 million) in the quarter...
2024-11-07
The Times of India
Arvind Fashions Q2 Results: Profit rises on healthy sales
IANS India's Arvind Fashions reported a 18.9% rise in the second-quarter profit on Tuesday, aided by healthy sales of clothing and footwear and as power brands helped it maintain wider margins. The Bengaluru-based company's consolidated net profit rose to 216.6 million rupees ($2.60 million) for the quarter ende...
2024-11-07
ETF Daily News
DICK’S Sporting Goods, Inc. (NYSE:DKS) Shares Sold by Foster & Motley Inc.
Foster & Motley Inc. decreased its holdings in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS–Free Report) by 4.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,578 shares of the sporting goods retailer’s stock after selling ...
2024-11-07
The Times of India
Under-pressure speciality chemical companies rally on positive MS report
Agencies "In the long term, the industry benefits from robust domestic demand, global production diversification, and high-growth segments like pharmaceuticals and speciality chemicals," said Anil R, analyst at Geojit Financial Services. Mumbai: Shares of speciality chemical companies , which remained under pressure i...
2024-11-07
The Times of India
PhonePe crosses 500 million registered users, alters top deck
ETtech PhonePe cofounders Sameer Nigam and Rahul Chari PhonePe has elevated multiple business heads to the position of chief executive of their verticals to scale up its new businesses even as the number of registered users on its platform crossed 500 million, the digital payments major said on Tuesday. The new vertic...
2024-11-07
ETF Daily News
Desjardins Global Asset Management Inc. Purchases 1,199 Shares of Bio-Techne Co. (NASDAQ:TECH)
Desjardins Global Asset Management Inc. lifted its position in Bio-Techne Co. (NASDAQ:TECH–Free Report) by 57.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,304 shares of the biotechnology company’s stock aft...
2024-11-07
ETF Daily News
What Risk Factors Investors Should Note in Fortinet Inc (FTNT) Quarterly Report
FTNThas seen significant revenue growth over the past three years, driven by organic growth, diversification, and improved supply chain dynamics. Operating expenses have increased, but operating margin has improved due to a stronger gross margin performance. Management has invested in office real estate, upgraded syste...
2024-11-07
The Times of India
Bimaplan secures $3.5 million in fresh funding from Orios Venture Partners and others
ETtech Vikul Goyal, founder & CEO, Bimaplan Y Combinator-backed insurtech startup Bimaplan has raised $3.5 million in a pre series A funding round led by Orios Venture Partners. Existing investors Finsight Ventures and 2am VC also participated in the round. This takes the total funding raised by the startup to $6 ...
2024-11-07
The Times of India
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Analysts see 15,900 to continue to pose as the immediate resistance. NEW DELHI: Shares of Lagnam Spintex, Nitco, Texmaco Infra, FCS Software and Creative Peripherals, hit their fresh 52-week highs during Tuesday's trade on NSE. Benchmark NSE Nifty closed 5.05 points down at 19406.7 amid selling in frontline bluech...
2024-11-07
GlobeNewswire
Stebr Inc. Announces Its Merger-Acquisition by Nowigence
In a Strategic Merger Acquisition, Nowigence Inc. and Stebr Inc. Combine Their Strengths to Drive AI Advancements SAN JOSE, CA, Nov. 07, 2023 (GLOBE NEWSWIRE) -- viaNewMediaWire–Stebr Inc., a company specializing in custom AI solutions for a broad clientele, including major global Fortune 500 companies, has recently ...
2024-11-07
GlobeNewswire
Large pickups offer strong side protection but falter in back seat safety
ARLINGTON, Va., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Four large pickups offer strong protection in side crashes but fall short when it comes to protecting passengers in the back seat. The Ram 1500 crew cab, Ford F-150 crew cab and Toyota Tundra crew cab — all 2023 models — earn good ratings in the Insurance Institute fo...
2024-11-07
ETF Daily News
The PNC Financial Services Group, Inc. (NYSE:PNC) Shares Sold by Desjardins Global Asset Management Inc.
Desjardins Global Asset Management Inc. trimmed its holdings in The PNC Financial Services Group, Inc. (NYSE:PNC–Free Report) by 18.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,238 shares of the financial s...
2024-11-07
The Times of India
Bajaj Finance, Bajaj Finserv among 5 Nifty stocks with golden crossover pattern
ETBFSI Investors are always on the lookout for signals and patterns that can guide them in their stock trading decisions. One such pattern is the Golden Crossover , a technical indicator that often elicits intrigue among stock market enthusiasts. On November 7, Tuesday, Trendlyne revealed that over 40 Nifty stocks h...
2024-11-07
The Times of India
United Breweries, IIFL Finance among 5 stocks with RSI trending bearish
ETMarkets.com The stock market is a dynamic and often volatile arena. To navigate it successfully, investors and traders need tools to help them make informed decisions. One such tool is the Relative Strength Index (RSI), a crucial indicator that assists in understanding stock movements. On November 6, Tuesday, Stock...
2024-11-07
The Times of India
Bajaj Finance to raise Rs 8,772 cr through placement of shares
ETBFSI Shares of Bajaj Finance closed 1.88% higher at 7,560.05 per share on the BSE Monday. MUMBAI: Bajaj Finance said it plans to raise as much as 8,772.5 crore in share sale to investors , reports Our Bureau. The company said it would sell 12.1 million shares at 7,250 apiece, a discount of about 5% to Monday's ...
2024-11-07
The Times of India
Sensex falls 200 points amid weakness in Asian peers; Nifty below 19,400
iStock Following weakness from Asian peers, benchmark equity indices traded lower on Tuesday after rising for three sessions in a row, dragged by banking, financial, and IT stocks. The BSE Sensex was trading 196 points or 0.30% lower at 64,762. Nifty50 was trading at 19,357, down 54 points or 0.28% at around 9.19 am. A...
2024-11-07
ETF Daily News
Head to Head Review: FB Financial (NYSE:FBK) versus First National Bank Alaska (OTCMKTS:FBAK)
FB Financial (NYSE:FBK–Get Free Report) and First National Bank Alaska (OTCMKTS:FBAK–Get Free Report) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, analyst recommendations, risk, dividends,...
2024-11-07
ETF Daily News
CBB Bancorp (OTCMKTS:CBBI) versus Landmark Bancorp (NASDAQ:LARK) Critical Review
CBB Bancorp (OTCMKTS:CBBI–Get Free Report) and Landmark Bancorp (NASDAQ:LARK–Get Free Report) are both small-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, earnings, dividends, valuation, risk and instituti...
2024-11-07
The Times of India
IPO tracker: ESAF SFB's offer booked 19x; ASK Automotive's issue subscribed 19% on Day 1
iStock The initial public offerings (IPOs) of Protean eGov Technologies , ESAF Small Finance Bank and ASK Automotive are currently open for public subscription. Here's a brief look at subscription status and other details. ESAF Small Finance Bank The public offer of ESAF Small Finance Bank (SFB) was booked nearly 19...
2024-11-07
The Times of India
Factors to check when comparing car loans this Dhanteras, Diwali
Getty Images Festive season is the time banks and non-banking finance companies (NBFCs) announce attractive offers like lower interest rates on car and home loans, waiver of processing fees, cashback and more. This is a big reason why many people make big-ticket purchases like buying a car during the festive season of ...
2024-11-07
The Times of India
Chola Inv Finance shares decline 2.37% as Sensex slides
Getty Images MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. Shares of the Cholamandalam Investment & Finance Company Ltd. traded at Rs 1125.15 on BSE at 12:53PM (IST) on Tuesday, down 2.37 per cent from pr...
2024-11-07
The Times of India
Shriram Finance share price down 0.98 per cent
Getty Images India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range. Shares of Shriram Finance Ltd. traded 0.98 per cent up at Rs 1972.2 at around 12:12PM (IST) on Tuesday. The stock had closed at Rs 1991.9 in the previous session. Equity benchmark Sensex traded 260.43 points lower at ...
2024-11-07
The Times of India
Au Small Fin Bank shares drop 0.53% as Sensex falls
Shutterstock.com India 10-year bond yield jumped 0.38 per cent to 6.03 after trading in 6.01 - 6.04 range. Shares of Au Small Finance Bank Ltd . traded 0.53 per cent down at Rs 670.5 at 01:03PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 197.11 points to 64761.58. The scrip had closed at Rs 674.1 in the...
2024-11-07
The Times of India
Stock market update: Mining stocks up as market falls
Reuters Stocks in focus: RIL, Tata Motors, Infosys, IIFL Securities, Apollo Hospitals, Punjab National Bank, NBCC and more.. NEW DELHI: Mining shares closed lower in the Tuesday's session. Oriental Trimex(up 5.93%), Ashapura Minechem(up 4.99%), Pokarna(up 4.81%), KIOCL(up 2.81%), NMDC Ltd(up 1.68%), Aro Granite Ind...
2024-11-07
The Times of India
Stock market update: Fertilisers stocks down as market falls
Reuters Stocks in focus: RIL, Tata Motors, Infosys, IIFL Securities, Apollo Hospitals, Punjab National Bank, NBCC and more.. NEW DELHI: Fertilisers shares closed lower in the Tuesday's session. Agro Phos(up 2.40%), Deepak Fertilizers & Petrochemicals(up 1.63%), Bohra Industries(up 1.60%), Aries Agro(up 1.21%), Sikk...
2024-11-07
The Times of India
Stock market update: FMCG stocks up as market falls
Reuters Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction. NEW DELHI: FMCG shares closed lower in the Tuesday's session. Jyothy Labs(up 8.69%), Dodla Dairy(up 5.51%), Varun Beverages(up 4.82%), Vadilal Industries(up 4.09%), Bikaji Foods Internat...
2024-11-07
The Times of India
Stock market update: Sugar stocks down as market falls
Reuters Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps. NEW DELHI: Sugar shares closed lower in the Tuesday's session. Rajshree Sugars & Chemicals(up 4.91%), Kothari Sugars & Chemicals(up 3.02%), Sakthi Sugars(up 1.06%), Triveni Engineering &...
2024-11-07
The Times of India
Stock market update: Nifty Realty index falls 1.34%
Analysts see 15,900 to continue to pose as the immediate resistance. NEW DELHI: The Nifty Realty index closed on a negative note on Tuesday. Shares of Indiabulls Real Estate Ltd.(up 2.2 per cent), Mahindra Lifespace Developers Ltd.(up 1.13 per cent), Phoenix Mills Ltd.(up 0.47 per cent) and DLF Ltd.(up 0.07 per ce...
2024-11-07
The Times of India
F&O stocks in focus: How to trade IRCTC, Cummins India, L&T Finance Holdings
Shutterstock.com After a short covering rally in Nifty and a long build-up seen in Nifty Bank on Monday, both indices were trading with a negative bias on Tuesday. For the current weekly series, 19,500-19,600 call has significant Open Interest in Nifty. In the case of Nifty Bank, Put writers showed conviction in the 43...
2024-11-07
ETF Daily News
Desjardins Global Asset Management Inc. Has $260,000 Holdings in Robert Half Inc. (NYSE:RHI)
Desjardins Global Asset Management Inc. lessened its stake in shares of Robert Half Inc. (NYSE:RHI–Free Report) by 16.5% during the 2nd quarter,Holdings Channel.comreports. The institutional investor owned 3,457 shares of the business services provider’s stock after selling 683 shares during the quarter. Desjardins Glo...
2024-11-07
GlobeNewswire
Point and Redwood Trust Issue $139 Million Home Equity Investment Rated Securitization
Palo Alto, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) --Point, the leading home equity investment platform making homeownership more valuable and accessible, andRedwood Trust, Inc.(NYSE:RWT, “Redwood”), a leader in expanding access to housing for homebuyers and renters, announced today they have completed the first rated...
2024-11-07
The Times of India
Gautam Baid on rules for smallcaps in bear market and how to get multibagger returns from commodity stocks
ETMarkets.com Gautam Baid , Author, Founder & Managing Partner, Stellar Wealth Partners , Author, says “maintaining a journal helps you maintain your humanity and calm during periods of market turbulence. Most importantly, it also helps you avoid hindsight bias because many times we confuse outcome with the process. M...
2024-11-07
The Times of India
Lux Industries shares surge 10% after Sebi revokes ban on 14 entities
IANS Lux Industries premises Shares of Lux Industries jumped over 10% on Tuesday to the day's high of Rs 1,530 on the NSE following the Indian market regulator's decision to revoke the securities market ban imposed by it on 14 entities on account of alleged insider trading in the company. In a 10-page order by the Se...
2024-11-07
The Times of India
Power Grid Q2 Results: PAT rises 5% YoY to Rs 3,834 crore; dividend declared at Rs 4/share
Agencies MUMBAI - Power Grid Corporation of India on Tuesday reported a 5% year-on-year (YoY) growth in the net profit for the quarter ended September 2023 to Rs 3,834 crore. Revenue from operations, however, declined marginally by 0.5% on year to Rs 10,419.41 crore. The board has recommended an interim dividend of...
2024-11-07
ETF Daily News
Royce & Associates LP Sells 1,120 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)
Royce & Associates LP lowered its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM–Free Report) by 8.2% in the 2nd quarter,HoldingsChannelreports. The institutional investor owned 12,536 shares of the insurance provider’s stock after selling 1,120 shares during the quarter. Royce & Associates LP’s ...
2024-11-07
GlobeNewswire
Synthetic Data Generation Market is anticipated to reach USD 2353.38 Billion by 2030, growing at a CAGR of 30% during the forecast period of 2023-2030 - proclaimed by MarketDigits in its latest study.
CarMia Way Richmond, Nov. 07, 2023 (GLOBE NEWSWIRE) -- According to a research reportSynthetic Data Generation Market, by Component (Solution, Services), Data Type (Text Data, Image & Video Data, Tabular Data, Others) Application (AI/ML Training and Development, Test Data Management, Data analytics and visualization,...
2024-11-07
The Times of India
Stock market update: Nifty Bank index advances 0.27%
Reuters Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps. NEW DELHI: The Nifty Bank index closed on a positive note on Tuesday. Shares of Federal Bank Ltd.(up 2.22 per cent), Punjab National Bank(up 1.66 per cent), Axis Bank Ltd.(up 1.13 per ce...
2024-11-07
The Times of India
Stock market update: Mining stocks up as market falls
Shutterstock.com Agarwal said the global economy is showing clear signs of recovery. The second wave of Covid-19 is ebbing in India with total active cases at less than 20 per cent of May highs. NEW DELHI: Mining stocks were trading higher on Tuesday at 11:10AM KIOCL(up 4.99%), Pokarna(up 2.41%), NMDC Ltd(up 2.31%)...
2024-11-07
The Times of India
Aarti Industries, JK Cement among 5 stocks with RSI trending up
Agencies Investing in the stock market is a dynamic and challenging endeavor, and one tool that often comes to the rescue of investors is the Relative Strength Index (RSI). On November 6, Tuesday, StockEdge reported over 60 stocks showing upward momentum. In this article, we will focus on 5 of these stocks to better ...
2024-11-07
The Times of India
Spreading Diwali cheer: Devang Mehta is bullish on these 3 sectors
ETMarkets.com Devang Mehta , Director-Equity Advisory, Spark Private Wealth , says: “Most of this high-end discretionary luxury demand for cars, real estate, as well as capex, is bound to come in and most of these industries will do very well. So on the sector front, auto, auto components, a lot of building material/h...
2024-11-07
The Times of India
In India, the biggest challenge is what not to invest in: Christopher Wood
ETMarkets.com Christopher Wood , Global head of Equity Strategies, Jefferies , says “the three areas I have been playing of late are financials, property and what I would define as capex related. That is what I wanted to focus on, but I am running this quite structurally, less tactically. Structurally, I have always h...
2024-11-07
CNN
Climate change is impacting the home insurance industry and damaging the housing market
When Michael Monaghan, a real estate agent with Coldwell Banker Sellers Realty in northern California, got an offer for a home in Bayside at the seller’s $650,000 list price in September, he told the buyer’s agent that the buyer needed to start looking for insurance immediately. “I said, ‘Start working on this on day o...
2024-11-07
International Business Times
At New York Trial, A Defiant, Angry Trump Erupts
Among the glittering chandeliers and wooden benches of a stately and solemn New York City courtroom, Donald Trump took the stand Monday, raising his right hand and swearing his testimony would be truthful. For four hours, only interrupted by a lunch break, the former president and current 2024 Republican front-runner s...
2024-11-07
ETF Daily News
Mcmillion Capital Management Inc. Acquires New Position in UDR, Inc. (NYSE:UDR)
Mcmillion Capital Management Inc. acquired a new stake in UDR, Inc. (NYSE:UDR–Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,468 shares of the real estate investment trust’s stock, valued at approximately $63,000. Other hedge funds and other institution...
2024-11-07
The Times of India
After churning out multibaggers, OG fund manager Rajeev Thakkar says it’s time to be a conservative investor
ETMarkets.com Rajeev Thakker , CIO, PPFAS MF , says “ at a time when US bond yields are around 4 to 5% and threatening to go higher and for longer, I do not think one should be really looking at hitting sixes right now. People have made a good amount of returns in the last few years, not the last two years, but maybe...
2024-11-07
The Times of India
Trideep Bhattacharya on 2 areas where good money can be made in next 1-2 years
ETMarkets.com Trideep Bhattacharya , CIO-Equities, Edelweiss MF , says, “the risk is higher for longer, going on for a longer period of time. And the number of commodities going in that area has increased. Earlier it was bond yields. Now, of course, oil, courtesy the geopolitical scenario, could also remain higher for...
2024-11-07
The Times of India
Info Edge Q2 Results: Profit rises 24% YoY to Rs 209 crore; co declares Rs 10 dividend
ETtech Info Edge reported 24% growth in its standalone net profit at Rs 209 crore for the quarter ended September 2023. It was Rs 168 crore in the year-ago quarter. Revenue from operations grew 11% to Rs 593 crore in the reporting quarter as compared to Rs 532 crore in the corresponding quarter of the previous fiscal....
2024-11-07
The Times of India
Sanjiv Bhasin on why pharma is better than IT to play a weak rupee & his dark horse pick
ETMarkets.com Sanjiv Bhasin , Director, IIFL Securities , says “Lupin is my dark horse play. The stock has given a smart run up, but I still think Lupin is headed higher. You can add a basket of maybe Cipla and given that it is a takeover target, given a Cipla, Dr Reddy and Sun Pharma . Divi’s yes, on decline wou...
2024-11-07
The Times of India
RR Kabel shares jump 6% after Q2 profit more than doubles
ETMarkets.com INSIGHTS Read Stock Insights by ET for a quick analysis NSE BSE Kabra Drugs Ltd. PEER COMPANIES Explore Now Shares of RR Kabel jumped 6% to Rs 1,488.5 in Tuesday's trade on BSE after the firm's consolidated profit increased to Rs 74.1 crore in the July-Se...
2024-11-07
ETF Daily News
BRT Apartments Corp. (NYSE:BRT) Holdings Lifted by Capital Square LLC
Capital Square LLC lifted its stake in BRT Apartments Corp. (NYSE:BRT–Free Report) by 9.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,232 shares of the financial services provider’s stock after acquiring an additional 1,89...
2024-11-07
The Times of India
Stock market update: Nifty Realty index falls 0.99% in a weak market
Shutterstock.com India 10-year bond yield jumped 0.38 per cent to 6.03 after trading in 6.01 - 6.04 range. NEW DELHI: The Nifty Realty index traded negative around 11:25AM(IST)on Tuesday in a weak market. Prestige Estates Projects Ltd.(up 1.24 per cent) and Mahindra Lifespace Developers Ltd.(up 1.17 per cent) were ...
2024-11-07
ETF Daily News
Arnhold LLC Buys 5,000 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF)
Arnhold LLC boosted its stake in shares of Waterstone Financial, Inc. (NASDAQ:WSBF–Free Report) by 50.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,000 shares of the savings and loans company’s stock after purchasing an additional 5,000 sh...
2024-11-07
ETF Daily News
Monaco Asset Management SAM Buys 72,641 Shares of LendingTree, Inc. (NASDAQ:TREE)
Monaco Asset Management SAM grew its stake in shares of LendingTree, Inc. (NASDAQ:TREE–Free Report) by 91.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 151,890 shares of the financial services provider’s stock after buying an ...
2024-11-07
GlobeNewswire
Quantexa Launches New Asia Pacific Headquarters in Singapore to Capture Next Wave of Growth
SINGAPORE, Nov. 07, 2023 (GLOBE NEWSWIRE) --Quantexa, the global leader in Decision Intelligence (DI) solutions for the public and private sectors, today announced the opening of its new Asia Pacific Headquarters based in Tower 1 ofMarina Bay Financial Centre(MBFC) in Singapore. The opening is part of a broader regio...
2024-11-07
The Times of India
Diwali Muhurat picks: Neeraj Chadawar has 9 recommendations & explains why likes them
ETMarkets.com Neeraj Chadawar , Head of Quantitative Strategy, Axis Securities , “we believe that there is a good amount of opportunity available in the market given the scenario of the current ongoing state election and the union election next year. The volatility will be the nature of the game for next 12 months. Ke...
2024-11-07
The Times of India
ETMarkets Smart Talk: “Kuch correction acche hote hain”: Prashanth Tapse
ETMarkets.com “I still feel Indian markets are not out of geopolitical concerns (woods). Geopolitical tensions have come to India at the cost of outperformance against the world,” says Prashanth Tapse , Sr. VP Research Analyst at Mehta Equities Ltd . In an interview with ETMarkets, Tapse said: “I believe India is in...
2024-11-07
The Times of India
$3.5 billion dent! FII dollars pulled out from these 8 sectors in Oct; will the exodus continue?
ETMarkets.com The selling in Indian equities by foreign portfolio investors intensified in October as a sharp spike in the US bond yields amid concerns that interest will stay higher for longer triggered a risk-off mood on Dalal Street. Data shared by the National Securities Depository Ltd ( NSDL ), showed that eigh...
2024-11-07
The Times of India
Stock market update: Stocks that hit 52-week highs on NSE
Shutterstock.com India 10-year bond yield jumped 0.38 per cent to 6.03 after trading in 6.01 - 6.04 range. NEW DELHI: Shares of Lagnam Spintex, Bliss GVS Pharma, Maha Rashtra, Intense Tech and Creative Peripherals, hit their fresh 52-week highs at 10:19AM(IST)on NSE. Benchmark NSE Nifty index fell 47.05 points to 1...
2024-11-07
The Times of India
How Tesla's India entry will disrupt desi tardy electric car market
Reuters After a long wait, finally it seems American electric vehicle (EV) maker Tesla will enter India next year. India's Prime Minister's Office has told relevant departments to fast-track Tesla's proposed investment in India by January 2024, ET has reported. Tesla's entry will put a stamp of maturity on India's ca...
2024-11-07
The Times of India
How Tesla's India entry will disrupt desi tardy electric car market
Reuters After a long wait, finally it seems American electric vehicle (EV) maker Tesla will enter India next year. India's Prime Minister's Office has told relevant departments to fast-track Tesla's proposed investment in India by January 2024, ET has reported. Tesla's entry will put a stamp of maturity on India's ca...
2024-11-07
The Times of India
Stock market update: Nifty Auto index advances 0.11% in a weak market
Agencies India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range. NEW DELHI: The Nifty Auto index traded positive around 10:14AM(IST)on Tuesday in a weak market. Tube Investments of India Ltd.(up 0.98 per cent), Bajaj Auto Ltd.(up 0.55 per cent), Bosch Ltd.(up 0.33 per cent), Tata Motors L...
2024-11-07
The Times of India
Stock market update: Power stocks up as market falls
Getty Images NEW DELHI: Power stocks were trading higher on Tuesday at 10:24AM Jaiprakash Power Ventures(up 8.47%), Jyoti Structures(up 4.63%), Inox Wind Energy(up 2.86%), RTNPOWER(up 2.76%), Energy Development Company(up 2.17%), Inox wind(up 1.89%), JSW Energy(up 1.35%), Reliance Power(up 1.30%), SJVN(up 1.29%) an...
2024-11-07
The Times of India
Stock market update: Nifty IT index advances 0.03%
Agencies Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls. NEW DELHI: The Nifty IT index closed on a positive note on Tuesday. Shares of LTIMindtree Ltd.(up 0.72 per cent), Tech Mahindra Ltd.(up 0.59 p...
2024-11-07
The Times of India
Stock market update: Nifty Pharma index advances 1.32%
Shutterstock.com RSI has turned north from the 60 level, confirming bullishness. NEW DELHI: The Nifty Pharma index closed on a positive note on Tuesday. Shares of Alkem Laboratories Ltd.(up 5.28 per cent), Gland Pharma Ltd.(up 4.97 per cent), Aurobindo Pharma Ltd.(up 3.29 per cent), Ipca Laboratories Ltd.(up 2.21 p...
2024-11-07
The Times of India
Stock market update: Sugar stocks down as market falls
Getty Images Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700. NEW DELHI: Sugar stocks were trading lower on Tuesday at 10:29AM Rajshree Sugars & Chemicals(up 4.91%), Dalmia Bharat Sugar & Industries(up 2.16%), Kothari Sugars & Chemicals(up 1.89%), BAJ...
2024-11-07
The Times of India
BEL stock price up 0.32 per cent as Sensex slides
Getty Images India 10-year bond yield fell 0.41 per cent to 5.89 after trading in 5.87-5.91 range Shares of Bharat Electronics Ltd. rose 0.32 per cent to Rs 138.05 at 11:57AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE , total traded quant...
2024-11-07
ETF Daily News
Visteon (NASDAQ:VC) Stock Rating Upgraded by StockNews.com
StockNews.comupgraded shares ofVisteon (NASDAQ:VC–Free Report)from a hold rating to a buy rating in a report released on Friday. Other equities analysts also recently issued research reports about the company. Citigroup cut their price objective on Visteon from $160.00 to $149.00 and set a neutral rating for the compan...
2024-11-07
ETF Daily News
Aflac Incorporated (NYSE:AFL) Stock Holdings Lifted by Arnhold LLC
Arnhold LLC raised its position in Aflac Incorporated (NYSE:AFL–Free Report) by 0.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,906 shares of the financial services provider’s stock after purchasing an a...
2024-11-07
The Times of India
Stock market update: Nifty Bank index falls 0.3% in a weak market
Getty Images India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range. NEW DELHI: The Nifty Bank index traded negative around 10:39AM(IST)on Tuesday in a weak market. Punjab National Bank(up 1.8 per cent), IndusInd Bank Ltd.(up 0.7 per cent), Axis Bank Ltd.(up 0.43 per cent), State Bank ...
2024-11-07
The Times of India
Crompton Greaves stock price up 0.79 per cent as Sensex slides
Reuters Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction. Shares of Crompton Greaves Consumer Electricals Ltd . rose 0.79 per cent to Rs 285.3 at 10:25AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. ...
2024-11-07
The Times of India
ICICI Lombard stock price down 0.28 per cent as Sensex slides
Reuters Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps. Shares of ICICI Lombard General Insurance Company Ltd . fell 0.28 per cent to Rs 1371.35 at 01:34PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session...
2024-11-07
The Times of India
Bharat Forge stock price down 1.22 per cent as Sensex slides
Getty Images Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700. Shares of Bharat Forge Ltd. fell 1.22 per cent to Rs 1062.75 at 02:10PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on ...
2024-11-07
The Times of India
Stock market update: Nifty IT index advances 0.06% in a weak market
Getty Images NEW DELHI: The Nifty IT index traded positive around 10:09AM(IST)on Tuesday in a weak market. Tata Consultancy Services Ltd.(up 0.51 per cent), HCL Technologies Ltd.(up 0.48 per cent), LTIMindtree Ltd.(up 0.45 per cent), L&T Technology Services Ltd.(up 0.42 per cent) and Wipro Ltd.(up 0.2 per cent) wer...
2024-11-07
The Times of India
Steep valuations haunt Mamaearth as stock sees tepid listing. Should you exit?
ETMarkets.com The flat-to-muted listing of Mamaearth on Tuesday was in line with expectations as markets remained wary of high valuations of the company. The stock got listed at Rs 330 on NSE, up just 2% over the issue price. Post the debut, analysts advised investors to book profits notwithstanding the company's str...
2024-11-07
The Times of India
Bank of Baroda shares drop 1.99% as Sensex falls
Reuters Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction. Shares of Bank of Baroda traded 1.99 per cent down at Rs 191.65 at 01:55PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 100.63 points to 64858.06. The scrip had closed at...
2024-11-07
The Times of India
Info Edge shares gain 1.32% as Sensex falls
Agencies India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range. Shares of Info Edge (India) Ltd. traded 1.32 per cent up at Rs 4370.0 at 10:10AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 224.92 points to 64733.77. The stock had settled at Rs 4312.75 in the previous ses...
2024-11-07
The Times of India
Shree Cements shares up 1.03% as Nifty falls
Getty Images Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively. Shares of Shree Cements Ltd. rose 1.03 per cent to Rs 26674.05 in Tuesday's trade. It hit an intraday high of Rs 26725.25 and low of Rs 26344.05, respectively, during the day. The stock quoted a 52-week high price of Rs 27284...