Usa Financial News

Lupin stock price today rose 3.8% to touch a 52-week high on Friday's trading session after the company received US Food and Drug Administration (US FDA) approval for two of its drug on Thursday. Lupin share price today opened at ₹1,223.95 apiece on BSE, and touched a intraday high of ₹1,241.20, and low of ₹1,213.20 on BSE.

₹54.5 lakh crore, implying 16.6% holdings of overall Indian equities as of November 2023 which is the lowest since 2012, as per ICICI Securities. FPIs have sold Indian equities worth more than ₹40,000 crore since September this year.

Reducing import duties on inputs and capital goods could help the government cut down the need for many of the existing export schemes, think tank GTRI said on Friday. This would be an important step as India continues to face challenges in managing these incentives within the framework of international trade laws, it said. The Global Trade Research Initiative (GTRI) said that many countries, including major trade partners of India like the European Union (EU) and the US continue to declare Indian schemes as subsidies and “punish” exporters by charging countervailing duties. America and the EU account for over 20 per cent of the country’s total outbound shipments.

NDRF on Friday demonstrated the movement of wheeled stretchers within the pipeline to facilitate the rescue of 41 trapped workers in the Silkyara Tunnel, with plans to deploy the stretchers once the horizontal pipe reaches the opposite side. As reported by ANI, the 25-ton platform supporting the Heavy American Auger machine, crucial for drilling through debris, has undergone reinforcement using a concrete accelerating agent for quick concrete hardening.

‘Animal’ started on Sunday, November 26, in India. The film is expected to earn ₹50 crore on its opening day, according to industry tracker Sacnilk reports. Only 3,200 tickets have been sold for 206 locations during the film's early reservations in the US.

Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November.

By Joe Cash

Investing.com-- Gold prices hovered just below key highs on Friday as a U.S. market holiday made for scant trading cues, with focus now turning to upcoming business activity readings for more cues on the world’s largest economy. 

The Rainbow Bridge border crossing between Canada and the United States was reopened Thursday evening as the investigation into a “horrific” vehicle explosion the day before continues.

technology would free up labor for more constructive work when Noah asked about the threat of intelligence to jobs. In the 45-minute-long conversation, Gates talked about technology, work, and the purpose of life. ‘Don't have to work so hard.

Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin (BTC), saying he was premature in calling for investors to sell the cryptocurrency. 

(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Meanwhile, crude oil prices extended decline, lending support to the local currency. Brent eased 0.02% to $81.40 a barrel, while US West Texas Intermediate crude fell 0.75% to $76.52 a barrel.

Coal India, Honasa Consumer ltd, Eicher Motors Ltd, NTPC Ltd, HDFC Bank Ltd and ICICI Prudential Life Insurance Company Ltd to its India model portfolio deploying cash and at the cost of Power Grid Corporation of India Ltd, Marico Industries, Maruti Suzuki India Ltd and NBFCs (Non Banking Financial Companies). In an Equity strategy note Equity analysts-Mahesh Nandukar, Abhinav Sinha, and Equity associate-Nishant Poddar a Jefferies India Pvt Ltd said that they had raised cash tactically in their model portfolio in early September, which they said are now deploying as the key macro concerns around higher US yields, rising oil prices and near-term state election results have subsided.

Taking cues from the international prices, MCX December gold futures opened in the green and were trading at Rs 61105 per 10 gram, up by Rs 33 or 0.05% from the Thursday closing price. Meanwhile, the December Silver futures were trading at Rs 72,934 per kg, higher by Rs 36 or 0.05%. On Comex, Gold futures were trading at $1,993.60 per troy ounce on Friday, up by $0.80 or 0.04% while Silver futures were trading at $23.720, higher by 0.032 or 0.14%. The dollar index was trading at 103.83 against a basket of top six currencies, down by $0.09 or 0.09% though the bias was negative. The December Gold futures ended at Rs 61,018 on Wednesday, down 207 or 0.34% while the December Silver futures settled at Rs 72,781, lower by Rs 523 or 0.71%. Gold futures on the MCX have gained by 0.28% or Rs 170 per 10 gram on the month-to-date basis, Analyst Anuj Gupta, Head Commodity & Currency, HDFC Securities informed.

Singapore’s blockchain-powered private markets exchange, ADDX, has listed a deep-value equity fund managed by Aggregate Asset Management (AAM) to its platform.

By Laurie Chen

By Greg Torode

Fresh from winning the auction for Jeld-Wen Australasia, Los Angeles-headquartered private equity firm Platinum Equity is drumming up interest in its $US12 billion ($18 billion) buyout fund from Australia’s wealthy.

Day trading guide for today: Indian stock market continue to trade mix as selling pressure in IT and pharma stocks dent every bulls' attempt to outperform bears during Thursday deals. Nifty 50 and BSE Sensex ended marginally lower while Nifty Bank index finished in green territory. The 50-stock index ended 9 points lower at 19,802 levels while 30-stock index ended 5 points lower at 66,017 mark.

Narendra Modi, the Prime Minister of India, declared in a speech recently that he himself had become a victim of a ‘deepfake.’ He was shown participating in a folk dance that he did not participate in. He went on to say that he had personally talked to ChatGPT’s maker OpenAI about it. A few days before that, India’s IT minister had warned AI and social media firms that they needed to weed out deep-fakes.

Nifty just above 19,800 and the Sensex at 66,017.81. Diverse trends emerged across Asian markets as oil prices fell. Japan’s Nikkei 225 surged by 0.97% to 33,775.20, and the TOPIX rose by 0.74% to 2,395.90 after a national holiday.