Record News

02.08 / 06:23

FIVE SUN NIFTY show Most flexi cap schemes benefit from more allocation to mid cap, small cap stocks

Mid cap and small cap stocks started gaining from April. The Nifty Midcap 100 — TRI has surged by 21.75% since April. During the same period, Nifty Smallcap 100 — TRI has surged by 26.19%. At present there are around 35 schemes in the flexi cap category. Out of 35 schemes, 19 schemes have increased their allocation in mid cap stocks and 26 schemes increased their allocation in small cap stocks. Around 24 flexi cap schemes have reduced their allocation in large cap stocks.

02.08 / 05:07

Hawkins performer electronic dividend Dividend Stocks: Bajaj Consumer, BDH Industries, 15 other stocks to trade ex-dividend - August 2

ABM Knowledgeware Ltd, Ador Welding Ltd, Bajaj Consumer Care Ltd, BDH Industries Ltd, Centum Electronics Ltd, Crisil Ltd, Data Patterns (India) Ltd, Dynamic Cables Ltd, Eih Ltd, Hawkins Cookers Ltd, Larsen & Toubro Ltd, Lakshmi Automatic Loom Works Ltd, Menon Pistons Ltd, Sahyadri Industries Ltd, Share India Securities Ltd, Styrenix Performance Materials Ltd, and T D Power Systems Ltd among others will be under investors’ radar on Wednesday as they will trade ex-dividend today. Today, 17 stocks will trade ex-dividend. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.

02.08 / 04:43

COST Target Google CEO Platform ad Pinterest sees stronger margins as ad rebound boosts quarterly results

Pinterest beat Wall Street targets for second-quarter results on Tuesday and forecast higher margins for the year, supported by an advertising market recovery and cost-cutting measures.Tech giants Meta Platforms and Google parent Alphabet had also recorded strong ad sales, signaling a rebound in marketing spending by businesses as inflation cools and consumer confidence improves. Pinterest CFO Julia Donnelly said its adjusted core earnings margin will be higher by «roughly 400 basis points» in the current fiscal year. It was 16% in 2022.

02.08 / 04:43

UPS Waters Extreme Racing Southern Beijing rains heaviest since records began 140 years ago

«The maximum (amount) of rainfall recorded during this storm, which was 744.8 millimetres, occurred at the Wangjiayuan Reservoir in Changping,» the Beijing Meteorological Service said. It was the «heaviest rainfall in 140 years», when Beijing records began, it added. The largest volume previously recorded was 609 millimetres in 1891, the service added.Storm Doksuri, a former super typhoon, swept northwards over China after hitting southern Fujian province last week, following its battering of the Philippines.

02.08 / 03:47

Fulton performer Trump What if Donald Trump is elected with criminal charges still looming?

Donald Trump won the presidency even as criminal charges against him still loomed, a series of extraordinary complications would ensue. The indictment Tuesday on federal charges stemming from his attempts to remain in power after his 2020 election loss added to the mounting legal peril Trump, the front-runner for the Republican Party, faces as he campaigns for a second term in the White House.

02.08 / 03:47

UPS Extreme Strategy Fallout performer etmarkets ETMarkets Fund Manager Talk-Using “BMV” metric, this Rs 3,600 cr fund manager tries to add alpha in portfolio

MUMBAI — Baroda BNP Paribas Mutual Fund is unperturbed by the rally in domestic equities and believes that mid-teen returns are likely over the next 1 year given the strong fundamentals. Asked about how the fund aims to generate alpha returns for its investors, Jitendra Sriram, a senior fund manager at the asset management firm, shared the “BMV” metric adopted by the company in its hybrid fund to achieve the same.

02.08 / 02:39

Provident Reuters show country Oil prices Drop Oil prices rise more than 1% after sharp drop in US crude stocks

Oil prices rose more than 1% on Wednesday, trading near their highest since April, after industry data showed a much steeper-than-expected draw last week in crude oil inventories in the U.S., the world's biggest fuel consumer.Brent crude futures for October rose 92 cents, or 1.1%, to $85.83 a barrel by 0001 GMT, while U.S. West Texas Intermediate crude climbed 84 cents, or 1.03%, to $82.21 a barrel. Both benchmarks settled lower on Tuesday, breaking a three day streak of gains.

02.08 / 01:59

Provident Target Platform show track Hero Stocks to Watch: Maruti, Adani Total, Hero MotoCorp, ONGC, Cholamandalam Fin

Maruti Suzuki: Maruti Suzuki India reported single-digit sales growth in July with the sports utility segment continuing to drive overall demand in the market. Maruti Suzuki on Tuesday said its total domestic passenger vehicle sales stood at 1,52,126 units last month as compared to 1,42,850 units in the year-ago month, a growth of 6 per cent. Utility vehicles, consisting of Brezza, Ertiga, Fronx, Grand Vitara, Jimny and XL6, clocked sales of 62,049 units last month, a two-fold jump as against 23,272 units dispatched in the year-ago period.

02.08 / 01:59

Citi Yellow country Traffic Updates Mumbai Monsoon update: IMD issues Yellow alert in Mumbai, Thane for today. See local train status to traffic updates here

Mumbai city registered its wettest July ever on July 26 with the month so far witnessing a record 1557.8 mm of rainfall. Earlier, the record was set in July in 2020 when 1,502 mm of rainfall was logged by the IMD's Santacruz observatory (representative of Mumbai's suburbs), according to a report published by the news agency PTI.

02.08 / 01:27

UPS Target AXY Manufacturing NIFTY SENSEX Day trading guide for today: Six buy or sell stocks for Wednesday —August 2

Day trading guide for today: Domestic equity benchmarks Sensex and Nifty ended lower during Tuesday’s session on profit-booking select heavyweights, including Reliance Industries, Power Grid, State Bank of India, and ICICI Bank amid mixed global cues. Sensex remained volatile throughout the session and closed 68 points, or 0.10 per cent, lower at 66,459.31 while Nifty closed the day with a loss of 20 points, or 0.10 per cent, at 19,733.55. The BSE Midcpap index underperformed the benchmark Sensex, falling 0.23 per cent.

02.08 / 00:49

Action Enterprise performer hospital Hospital stocks hitting record highs on multiple boosters

ET Intelligence Group: There has been a lot of action in the Indian healthcare sector as it emerged from the shadows of the pandemic. Improved operational performance and private equity fuelled expansion by large players have ensured that hospital chains gain on valuations.Fortis Healthcare and Healthcare Global Enterprises hit a record highs on Tuesday, Apollo Hospitals and KIMS did so last week.

01.08 / 23:51

Target week Financial Stock Radar: Post 16% rise in a week, there is more room to rally. Is this financial stock a good buy now?

Indian Railways Finance Corporation (IRFC), a part of the financial services space, rallied over 16% in a week to hit a fresh record high and the chart structure suggests that the rally may not be over yet.Short-term traders can look to buy the stock for a possible target of Rs 45 in 2 months, suggest experts.The stock rose from Rs 35.10 on July 24 to a record high of Rs 40.99 registered on August 1 in intraday trade, which translates into an

01.08 / 23:04

COST ExxonMobil Shell performer fall BP profits are cut in half to $2.6 billion as oil and natural gas prices fall

Energy giant BP says it earned nearly $2.6 billion in the second quarter

01.08 / 23:04

FIVE Man CEO Action shootings Prison Financial An accomplice to convicted murderer Alex Murdaugh's financial misdeeds gets seven years in prison

The former CEO of a respected South Carolina bank will spend seven years in federal prison for helping Alex Murdaugh steal nearly $2 million from clients' legal settlements

01.08 / 23:04

COST UPS Provident Target show fall Job openings fall to lowest level in 2 years as demand for workers cools

U.S. employers posted fewer jobs in June, a sign that the red-hot demand for workers that has been a key feature of the post-pandemic economy is cooling a bit

01.08 / 23:04

UPS Target FIVE Citizens Matthews performer Trump Michigan prosecutors charge Trump allies in felonies involving voting machines, illegal ‘testing’

Prosecutors in Michigan have filed criminal charges against individuals they say took and tampered with voting machines

01.08 / 23:03

COST UPS Starbucks reports Starbucks reports record quarterly revenue as China sales boom

Starbucks reported record revenue in its fiscal third quarter as sales in China roared back to life

01.08 / 23:03

UPS Progressive Toyota Lexus Toyota's profits rise 78% on strong sales as the parts crunch eases

Toyota’s profit for the first fiscal quarter jumped to 1.3 trillion yen, or $9 billion, hitting a quarterly record for Japan’s top automaker

01.08 / 23:03

COST UPS CEO Pfizer COVID-19 Vaccine Pfizer 2Q numbers tumble and COVID-19 vaccine, treatment sales dry up

Crumbling COVID-19 vaccine and treatment sales chopped Pfizer’s second-quarter earnings, but both the drugmaker and Wall Street expect a rebound in the back half of 2023

01.08 / 19:33

JPMorgan LinkedIn awards show performer reports PAC PAC Capital takes down fund reports after AFR questions

PAC Capital, a Sydney-based fund manager that promotes itself as an expert in computer gaming, took down performance updates and other information from its website on Tuesday after The Australian Financial Review raised questions about some of its accuracy.

01.08 / 19:33

UPS Strategy RIO show stage Sibling emails reveal battle for Rinehart family trust

Private emails between some of Gina Rinehart’s children discussing extraordinary plans to mount a legal bid against their mother almost 20 years ago have been aired in the WA Supreme Court in a high-stakes legal battle over billions of dollars in mining royalties.

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