Chase Financial News

Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Batting first, England managed to score 282/9 in 50 overs. The Black Caps managed to chase it in just 36.2 overs, winning it by 9 wickets. “We were completely outplayed," Buttler said.

Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about housing, banks and even the fiscal sustainability of the U.S. government.

FBI for its sixth season has been eagerly anticipated by fans. Despite the recent industry strikes causing delays, there's finally some news to share.

Saudi Arabia and Russia reaffirmed that they will stick with oil supply curbs of more than 1 million barrels a day until the end of the year as a rally in prices falters.

In war, prepare for peace; in peace, prepare for war – Sun Tzu, author, 'The Art of War' I know that Warren Buffet’s favourite holding period is, forever. However most of us don’t have that kind of luxury as we have goals to fulfill. Also, ‘timing’ the market isn’t celebrated enough. On the contrary, almost looked down upon. So, here I am, asking you to do just that: ‘time’ the market. Humour me for a while. Why should you reduce your allocation into equity in general, and small cap in particular?

Pankaj Tibrewal, Senior EVP & Fund Manager (Equity), Kotak MF, says “our sense is that consumption around the second half of this year should start picking up, led by festive season as well as election spending and do not forget that this time the wedding dates in the second half are about 35-36 days which is one of the highest over the last four-five years. So, broadly speaking, in the near term, markets may face headwinds. However, if you take a three- to five-year view, India is very nicely positioned from an economic cycle perspective.” Tibrewal also says, “a lot of money is probably chasing little stocks and now market participants are navigating from higher to lower quality. This is something we need to be a little worried about and hence our cautious stance on mid and smallcaps in the near term. But if you take a three-five-year view, the space is always exciting. There are bottom-up opportunities.” With the negative undertone that we are seeing across on the Wall Street with rising bond yields, etc, do you believe that it poses a major threat for our own markets or do you think that we will continue to hold out and these are just mere bumps along the way? In the near term, there are headwinds both from global and local economic data which are emerging.

₹59,192 crore as of 30 June, doubling in the past year from ₹26,799 crore, according to regulatory filings. Vedanta Resources’ Indian units, Hindustan Zinc Ltd and Vedanta Ltd, paid out a total dividend of $4 billion and $1.2 billion, respectively, to their shareholders in FY23. Of these, the parent received $2.5 billion.

More and more Wall Street equity strategists are sounding the alarm on the impact of higher interest rates.

Strategists at JPMorgan Chase & Co., believe there are some similarities in investor sentiment today to the period leading up to the global financial crisis (GFC) of 2007-2008.

The slide in Treasuries has been excessive given recent economic data and Federal Reserve policy, suggesting it’s instead being driven by fears over the swelling US deficit, some of Wall Street’s biggest names say. 

Amidst a turbulent landscape for the world of cryptocurrency, Bitcoin price finds itself at the centre of various discussions. Trading at $27,593, it recorded a nearly 1.5% dip on Tuesday. As the month unfolds and the market leans into the positive momentum termed as "Uptober", challenges still loom on the horizon. 

For the last couple of years, women have been making significant strides in the financial advice industry.

Parul Chaudhary and Priti secured silver and bronze medals respectively in the women's 3000m steeplechase but they were left chasing the shadow of Bahrain's Yavi Winfred Mutile, who set an Asian Games record on way to defending her title here on Monday. Parul clocked 9:27.63 seconds, which was more than nine seconds behind the Bahrain runner who took the top podium finish in 9:18.28, a new Games record.

National Medical Commission stating a majority of colleges it assessed in 2022-23 had ghost faculty and senior residents, saying this is what happens when «the PM chases headlines and self-glory». The National Medical Commission (NMC) said this recently in a reply to the Associations of Emergency Physicians of India (AEPI) over its grievance regarding the exclusion of emergency medicine speciality as a requirement for setting up new medical colleges.

NEW DELHI : Following an uneven monsoon, demand for work under the national rural jobs scheme has soared, while farm revenues have been hit by crop losses and export curbs. Will a dent to rural incomes take the sheen off festive season demand? Mint explores. The Mahatma Gandhi National Rural Employment Guarantee scheme (MGNREGS) promises 100 days of work in a year to every rural family.

Dianne Feinstein was the first female senator to be elected from California, she served six terms and became the longest-serving woman senator in American history. She died on Friday at her Washington home at the age of 90. Feinstein served Senate for thirty years and was the key person in moving many important bills in the house.

PTI reported. As he was trying to escape from the authorities, he got injured, said the police, adding the accused has been identified as Bharat Soni, who was held along with three others. Soni tried to escape when being taken to the spot for recreating the crime scene, however, was chased down by the policemen, said Mahakal police station in-charge Ajay Verma.

Jerez de la Frontera in the southern Andalusia region, police spokesman Adrian Dominguez told reporters at the scene. «Police located the suspect on the third floor. He had in his possession the two knives used to attack three teachers and two students,» Dominguez said, adding the suspect had been taken to a police station.

Siddhartha Khemka, V-P, Head of Research (Retail), MOFSL, says “within the ferrous space, JSW Steel is a preferred pick followed by SAIL. Hindalco in the non-ferrous space is something that we like. The market has shown some appetite for niche luxury properties. So, real estate will do well. Our preferred picks would be Oberoi Realty and Macrotech Developers.” What is your view on metals and Vedanta specifically because it is a high beta name?All these headlines regarding debt etc keep on circling around and impacting the stock price. What should a medium to long term investor do? Within the metal space, Vedanta has been very volatile. There have been continuous news flows or developments with regards to the company, with regards to the promoter and the promoter entity as was the case today. But if you look at it from the overall sector perspective, after having some pressure in the past couple of quarters, the companies have now taken price hikes in the last couple of weeks and that is helping to change the sentiment.

“We are hoping that 2024 will be a breakout year for India in terms of flows with more tailwinds than headwinds,” says Harendra Kumar, Managing Director, Elara Securities India. In an interview with ETMarkets, Kumar said: “There is always some tactical money that finds its way in/out of India during some macro headwinds. There is more money waiting to come in, than to go out” Edited excerpts: After hitting 20,200 on the Nifty50, the market is going through some healthy consolidation. In terms of global overhang, we have the US Fed outlook, a rise in Dollar index, crude, and recent Canada comments. Have we made a top? The Nifty was around 18500 in Oct 2021, and it has taken us two years to reclaim the top — so it is hardly a euphoric event, except that it is a headline moment.

Treasury yields and uncertainty about the path ahead for interest rates. Investors were also attuned to developments in Washington as divisions among U.S. lawmakers put the federal government at risk of a partial shutdown by the weekend. A possible shutdown has added to worries for stock investors as they grapple with benchmark Treasury yields that have climbed to 16-year highs after the Federal Reserve last week signaled a hawkish long-term path for interest rates. At the same time, as the S&P 500 has sharply pared its year-to-date gain, some investors are wondering if the market is close to a bottom. «At some point people will start to buy stocks for the fourth quarter, and the third-quarter selling might be almost done,» said Peter Tuz, president of Chase Investment Counsel. «At a certain level, people are going to get back in thinking the fourth quarter might be a pretty good one.» The Dow Jones Industrial Average fell 68.61 points, or 0.2%, to 33,550.27, the S&P 500 gained 0.98 points, or 0.02%, at 4,274.51 and the Nasdaq Composite rose 29.24 points, or 0.22%, to 13,092.85. During the session, the S&P 500 rose as much as 0.4% and fell as much as 0.8% before paring losses. Among S&P 500 sectors, the rate-sensitive utilities group fell most, dropping 1.9%.