Record News

BlackRock Inc., the world’s biggest asset manager, and Amundi Asset Management, Europe’s largest money manager, both see Japan going from strength to strength. 

₹567.95. Meanwhile, it has rallied 364 percent in the last 3 years and 416 percent in the last 5 years. An investment of ₹1 lakh in this stock a year ago would have turned into ₹3.54 lakh today.

By Tom Westbrook

Also Read: IRCTC, Piramal Ent among 6 stocks that can jump 8-23% in the next 3-4 weeks The Nifty 50, which represents the country’s top 50 blue-chip companies across various sectors, has notched up several record highs this month, posting a nearly 2% gain. The mid-and small-cap stocks, on the other hand, have continued their winning momentum in CY24, showing no significant signs of cooling off despite trading at elevated valuations.

Indian stock market today: Nova Agritech IPO listed on BSE and NSE on 31st January 2024 at a whopping premium of nearly 34 percent against Nova Agritech IPO price band of ₹39 to ₹41 per equity share. However, Nova Agritech shares didn't stop here only. Nova Agritech share price further surged after making a dream debut on Dalal Street and went on to touch a record high of ₹77.20 apiece on NSE, logging around 88 percent rise against the upper price band of ₹41 per equity share.

A look at the day ahead in European and global markets from Tom Westbrook

Investing.com-- Most Asian stocks retreated on Tuesday as caution persisted before a string of key economic readings this week, with Japan’s Nikkei 225 falling from record highs after a slightly stronger-than-expected inflation print. 

Platinum Industries opened for subscription today. The issue will be available for the public to bid till February 29. Ahead of the IPO, the company has garnered Rs 70.59 crore from anchor investors.

Bitcoin rose to the highest in more than two years, climbing above $54,000, amid growing optimism that persistent investor demand through exchange-traded funds will drive the price of the largest cryptocurrency back to record levels. “Bitcoin continues its ascent, supported by strong ETF inflows,” said Spencer Hallarn, global head of over-the-counter trading at crypto investment firm GSR.

tax benefit is spurring US companies including PepsiCo Inc. and International Business Machines Corp. to sell bonds through their Singapore subsidiaries, fueling a record surge of sales from borrowers in the city state. The tactic can allow companies to deduct interest expense from their taxable income in both the US and Singapore. That double deduction means that effective borrowing costs — after taxes — can be materially lower than they would be with a bond issued in the US.

Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week. The yen steadied at 150.57 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central bank's 2% year-on-year target, keeping alive expectations it would exit negative rates by April.

₹789 and ₹967 respectively. The Fact sheet indicates that rural and urban inflation from 2011-12 to 2022-23 recorded compounded annual rates of 5.7% and 5.6%, respectively. Hence, rural and urban poverty lines for the HCES 2022-23 are ₹1,452 and ₹1,752 per capita per month, respectively.

NMDC: The company has declared an interim dividend of ₹5.75 per equity share. In a stock exchange filing, NMDC said the Board of Directors “declared 1st Interim Dividend @ ₹ 5.75 (Rupees five and seventy five paise only) per equity share of face value of Re.1/- each for the financial year 2023-24. The said Interim Dividend shall be paid / dispatched within the prescribed timelines as per the provisions of the Companies Act, 2013 to those equity shareholders of the Company whose names appear in the Register of Members / records of Depositories as beneficial owners of the equity shares as on Tuesday, the 27th February 2024, which is the Record Date fixed for the purpose." Shares of NMDC will trade ex-dividend on Tuesday.

Central India on Tuesday. A Met department spokesperson told PTI that several parts of Rajasthan, including Jodhpur, Ajmer, Kota and Jaipur, will likely receive light rain at isolated places in the next 48 hours due to a new western disturbance, on Monday. “There is a possibility of the formation of an induced circulation system in western Rajasthan and surrounding areas due to the activation of another intense western disturbance from March 1," according to the Meteorological Center Jaipur.

Investing.com — The Dow closed lower Monday as investors mulled ongoing quarterly earnings from corporate America and awaited further catalysts including the release of key inflation data later this week.

Investing.com-- U.S. stock index futures were muted in evening deals on Monday, after Wall Street indexes were pulled off record peaks by a mix of profit-taking and growing anxiety ahead of key inflation readings this week. 

After the bloody downturn of 2022 and the broad-based uncertainty of 2023, retail investors are enjoying a more upbeat outlook on financial markets and the economy.

A recent study conducted by MassMutual has unveiled a worrying gap in knowledge about Social Security benefits among Americans approaching retirement.

Pragya Singh Thakur's plea for the day, it directed her to remain present from February 27 onwards "without fail, else, necessary steps will be taken". The court also directed all the accused to be present on their dates till their statements are recorded.

U.S. stocks are drifting near record levels as they head for the final stretch of what looks to be their latest winning month

Grayscale’s flagship Bitcoin Trust GBTC has just recorded the lowest daily outflows since it converted to an ETF.