Blues Financial News

Small cap Mayur Resources is understood to have signed a term sheet with London-headquartered mining finance specialist Appian Capital Advisory, in a deal that is expected to finalise funding for its Central Lime Project in Papua New Guinea.

Investing.com — Federal Reserve members on Tuesday downplayed expectations that era of rate hikes has ended, setting the stage for Fed chairman Jerome Powell to potentially deliver a hawkish push back against the recent easing in financial conditions. 

Netflix UK subscribers can expect the departure of several movies and TV shows. Here is the schedule of what's leaving throughout December.

₹10,000 couldn't be more enticing. This limited-time event has brought forth remarkable discounts, with savvy shoppers poised to save up to a staggering 69% on a wide range of monitors. Whether you're in need of an upgrade, looking to expand your digital horizons, or simply seeking a more efficient display solution, the Amazon Sale offers you a myriad of budget-friendly options that are as practical as they are cost-effective.

Gland Pharma Ltd.(up 4.52 per cent), Ipca Laboratories Ltd.(up 1.88 per cent), Dr. Reddy's Laboratories Ltd.(up 1.75 per cent), Aurobindo Pharma Ltd.(up 1.58 per cent) and Zydus Lifesciences Ltd.(up 1.53 per cent) were among the top gainers.

Peter Andre, at the age of 50, finds himself grappling with the age-old dilemma of choosing the perfect baby name, a predicament that even power couple Beyonce and Jay-Z experienced with their daughter, Blue Ivy. The singer, who is preparing to welcome his fifth child, reflects on the challenges of selecting names, citing the uncertainty that often lingers until the baby's arrival.

Investing.com — U.S. stock futures traded slightly higher Monday, continuing last week’s positive tone with investors looking ahead to a fresh batch of corporate earnings. 

Let's explore the performance of these stocks. (Data Source: StockEdge) 1. JK Lakshmi Cement 200-Day SMA: 708.87 | Closing Price: 744.85 2.

World Cup defeat for the South African team. The Eden Gardens roared as Virat Kohli struck a magnificent century, leading India to a commanding position. Ravindra Jadeja’s bowling was nothing short of spectacular, becoming the first Indian spinner to claim five wickets in a World Cup match.

GlaxoSmithKline Pharmaceuticals Ltd.(up 1.55 per cent), Laurus Labs Ltd.(up 1.18 per cent), Ipca Laboratories Ltd.(up 1.05 per cent), Dr. Reddy's Laboratories Ltd.(up 0.97 per cent) and Gland Pharma Ltd.(up 0.95 per cent) were among the top gainers.

Eicher Motors Ltd.(up 2.39 per cent), Hero MotoCorp Ltd.(up 1.93 per cent), Balkrishna Industries Ltd.(up 1.03 per cent), Bajaj Auto Ltd.(up 0.91 per cent) and Sona BLW Precision Forgings Ltd.(up 0.82 per cent) were among the top gainers. Tata Motors Ltd.(down 0.03 per cent) were the top losers on the index.

World Cup 2023 but have also secured the top position on the points table. At this moment, India have 16 points from 8 matches. Even if the Men in Blue lose their next against the Netherlands on November 12, they will still remain untouched on top.

Brent Potts’ Blue Ocean Equities has added a new member to its advisory ranks, picking up Elaine Faddis from Jefferies Australia.

NEW DELHI : Green mobility solutions provider GreenLine is planning a big-ticket expansion of its two-year-old logistics services operations, investing about ₹850 crore to add 1,000 liquefied natural gas (LNG) trucks to its fleet in this financial year. It will further invest over ₹4,000 crore in FY25 to raise LNG truck deployment by any another 5,000 units, while also exploring options for deploying electric trucks on short-haul operations.

₹8,575 crore in Q2 excluding bullion sales, which formed around 85% of the company’s standalone revenues. Fortunately for investors, jewellery Ebit margin adjusting for bullion sales came in better-than-expectations at 14.1%. True, it is lower than the 15.3% margin seen in Q2 FY23, but remember the company had seen certain one-off gains last year that were not sustainable.

A Bollinger band is indicating that Nifty may rally in the Diwali week but two Doji candles formed in the last days do not inspire confidence towards an outright uptrend early next week, says Anand James, Chief Market Strategist at Geojit Financial Services. Edited excerpts from a chat: In the last 9 out of 10 instances, Nifty has given positive returns in the period between Navratri and Muhurat trading. Do you see history repeating this time as well? What would be your targets for the week? Prospects of the same are supported by a narrowing Bollinger band and the fact that we are coming off a low base after a steep and sustained downtrend from a record peak. FIIs’ shorts in index futures being at an extreme position also support the prospects of a push higher. But even as we continue to look for 19,420 as the immediate target, the two dojis in the last two days do not inspire confidence towards an outright uptrend early next week. The inability to float above 19,230 initially, could point towards this but dips towards 19,180 or slightly below could augur well towards resuming upsides. Mid and smallcap bounced back and outperformed. Do you think that the recent correction has made the rally stronger in the broader market?

Hardik Pandya's injury, which forced him out of India's ODI World Cup 2023 squad, former South African cricketer Shaun Pollock said that it is a massive blow for India in the ongoing prestigious tournament. In a video shared by the ICC on its official social media account, Pollock said that Pandya can be very destructive on the back end of India's batting lineup. The former Proteas praised Pandya and said that he brings an extra contribution with regard to his bowling and gives balance to the Indian side. While concluding, Pollock said that it would be a major blow for India in the ongoing ODI World Cup 2023. «I think it is a massive blow.

Reuters. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Hundreds of Hamas gunmen stormed into southern Israel on October 7, killed over 1,400 people and took more than 240 hostage.

Vinay Paharia, CIO, PGIM India MF, says “financials is an area of opportunity, to be very frank because there are lots of good quality companies or private banks or NBFCs with very strong structural growth ahead of them. These are the companies which have much higher than average return on equity and they have clearly been stable businesses. We are clearly overweight private banks and non-bank financial companies and see this as a great source of opportunity.” What is your market outlook in terms of how the valuations stack up versus the earnings growth that we have seen in the quarter gone by? Definitely the valuations currently are at a premium and are seemingly capturing most of the fundamentals for the next six months to one year. We have borrowed some returns from the future and hence, for the near term we are a little bit cautious purely on valuation reasons.

For anyone who missed the memo, private credit is the place to be in 2023. Banks are rushing intoprivate credit (take Deutsche Bank, which just launched a new business in the area), funds historically focused on private equity are rushing into private credit (take Apollo, which said today that more than 80% of its assets are now in its credit and hybrid units) and private credit investors themselves are doubling down on private credit.

Hardik Pandya was ruled out of the World Cup with an ankle injury. Meanwhile, the Proteas have suffered only one defeat in the tournament, a 38-run thrashing at the hands of the Netherlands. In their remaining matches, however, Temba Bavuma's side have been completely dominant and currently boast the best net run rate in the tournament at +2.290.