Drag Financial News

14.08 / 14:25

COST Lowe's Strategy show Drag Low Higher US dollar, yields drag gold to more than one-month low

Gold prices fell to a more than one-month low on Monday as a stronger dollar and elevated bond yields took the shine off bullion, while investors awaited fresh catalysts to gauge the downside after a mixed bag of U.S. inflation numbers last week. Spot gold was down 0.5% at $1,903.50 per ounce by 09:39 a.m.

11.08 / 04:07

UPS NIFTY SENSEX Drag 500 Bank, FMCG stocks drag Sensex 150 points lower; Nifty below 19,500

The BSE Sensex was trading 138 points or 0.21% lower at 65,549. Nifty50 was trading at 19,498, down 44 points or 0.23% at around 9.18 am.

10.08 / 10:49

AXY NIFTY SENSEX Sony track Drag Financials drag Sensex 307 points lower post RBI’s hawkish note on inflation

The 30-share Sensex fell 307 points to settle at 65,688, while the broader Nifty ended at 19,543. Sectors sensitive to domestic interest rates like banks and financial services stocks were among the top losers as Nifty Bank fell 0.76%.

09.08 / 13:05

Waves Platform Action Software Enterprise Pinnacle Drag Edtech startup Saarthi, investors drag acquirer Classplus to court

Edtech startup Saarthi on Wednesday said it has taken legal action along with other investors against its acquirer Classplus on several charges including cheating, extortion, criminal breach of trust and misappropriation of funds. Classplus, a software-as-a-service (SaaS) platform for coaching institutes, had acquired Saarthi in late 2021, according to a statement. The deal went unannounced until now.

08.08 / 04:29

Drag Took rules of no-trust motion to drag PM to Lok Sabha, says TMC MP Derek O'Brien

TMC MP Derek O'Brien on Tuesday claimed that it has taken the rules of a no-confidence motion moved by the opposition to «drag» Prime Minister Narendra Modi to the Lok Sabha. In a tweet, the TMC's Leader of the House in the Rajya Sabha also urged the prime minister to come to the Upper House. «It's taken the rules of a no-confidence motion to finally drag the PM to the Lok Sabha,» he tweeted.

03.08 / 14:03

COMPOSITE TSX Drag open TSX falters at open as financials, materials drag

(Reuters) — Canada's main stock index lagged at open on Thursday, hurt by losses in materials and financials stocks as risk appetite remained on a weak footing a day after a surprise downgrade of the United States' credit rating.

28.07 / 11:22

AXY TCS SENSEX Drag Sensex falls for second day, sheds 107 pts as IT, financials drag

Japan’s central bank opted to keep its benchmark interest rate at minus 0.1% but fine-tuned its bond purchases to allow greater flexibility. The BSE Sensex index ended 106 points or 0.16% lower at 66,160, while Nifty50 fell 14 points or 0.07% to settle at 19,646.

27.07 / 04:47

Lowe's FIVE Maxim Racing Fallout Drag Low China VC slump is set to drag Asia-Pacific fundraising down to a decade low

BEIJING — China-focused venture capital and other private investment funds have had a slow start to the year and are set to drag down Asia-Pacific fundraising to the lowest in 10 years.

25.07 / 21:15

COST Lowe's Progressive Extreme Drag IMF global economic outlook sees slight growth, but inflation still a drag

The International Monetary Fund is projecting that global economic growth will see a slight improvement compared to its previous projections but cautions that many challenges still cloud the horizon

24.07 / 17:13

UPS Compilation Strategy Drag Steep provisions drag IDBI Bank net NPAs below 0.5% in Q1

MUMBAI : Private sector lender IDBI Bank was able to restrict its net non-performing asset ratio to less than 0.5% in the three months through June, aided by a strategy to aggressively set aside provisions. The bank’s net NPAs stood at 0.44% of net advances as on 30 June, down 48 basis points (bps) from the previous quarter. Its gross bad loans were at 5.05% in the June quarter, as against 6.38% in the March quarter.

24.07 / 12:33

UPS Compilation Drag Aggressive provisions drag IDBI Bank net NPAs to below 0.5% in June

₹770 crore against NPAs at rates higher than those prescribed by Reserve Bank of India, "based on management assessment of the degree of impairment in various categories of advances". PCR denotes the percentage of bad loans for which a bank has set aside provisions. Rakesh Sharma, chief executive, IDBI Bank, told reporters on Monday that the bank has made additional provisions as a prudent measure, and it has been following this policy to build strong buffers.

21.07 / 07:55

Manufacturing Software SAP track Drag European shares flat as energy firms counter tech drag

(Reuters) — European shares were muted on Friday, as a slump in technology stocks following software maker SAP's downbeat forecast was offset by gains in energy companies, which tracked oil prices higher.

21.07 / 04:19

Platform Tesla NIFTY TCS SENSEX Nestle Drag Bloodbath on D-Street! IT stocks drag Sensex over 650 points lower, Nifty below 19,800

The BSE Sensex was trading 690 points or 1.02% lower at 66,882. Nifty50 was trading at 19,797, down 182 points or 0.91% at around 9.18 am. Among Sensex stocks, Infosys was the top loser, falling over 8%.

20.07 / 14:15

NASDAQ DOW COMPOSITE Tesla Drag 500 open Nasdaq, S&P 500 slide at open as Tesla, Netflix drag

(Reuters) — The tech-heavy Nasdaq and the S&P 500 fell on Thursday, dragged down by Tesla (NASDAQ:TSLA) over price cut concerns, while Netflix (NASDAQ:NFLX) slid after its quarterly revenue missed analysts' estimates.

19.07 / 21:31

Twitter Target BLOCK show performer Drag Injunction blocking Florida law targeting drag shows applies to all venues, judge says

A federal judge says that his order blocking a Florida law targeting drag shows doesn’t just apply to the restaurant that brought a lawsuit challenging it but other venues in the state

18.07 / 09:53

UPS Lowe's Fighting Drag boost European shares gain on boost from Novartis, telecom stocks drag

European shares edged higher after a muted start on Tuesday, with Swiss stocks outpacing regional peers following a forecast upgrade by drugmaker Novartis, though a decline in telecom stocks capped the gains. The pan-European STOXX 600 rose 0.2% by 0819 GMT, following declines on Monday when Richemont's underwhelming results and weak economic data from China pummelled Europe's luxury sector. Novartis climbed 3.6% on Tuesday after the drugmaker raised its full-year earnings guidance and mapped out the planned spin-off of its generic medicines division Sandoz for early in the fourth quarter.

11.07 / 05:37

Lowe's Booking NIFTY Drag Low week UPL top drag on Nifty, falls 2% to hit 52-week low; here's why

UPL share price touched new 52-week low and was down nearly 2% on Tuesday's trading session. The stock was one of the top losers in the Nifty 50's with 2.16% decline. UPL shares opened at intraday high level of ₹659.90 apiece on BSE. Analysts claim that the street is anticipating poor performance in Q1 FY24 due to the severe headwinds the agrochemical business is experiencing in both domestic and international markets.

07.07 / 12:55

Facebook UPS Target BLOCK Booking Persona Drag events Transgender woman, bookstore, teacher sue over Montana law banning drag reading events

A transgender woman, the owners of an independent bookstore and an educator who teaches in costume are among those challenging Montana's first-in-the-nation law that bans people dressed in drag from reading to children in public schools or libraries

04.07 / 16:05

COST Target Digital Booking Mobile Drag Bajaj Fin Q1 loan growth is solid but cost of funds may be a drag

₹7,920 apiece on the National Stock Exchange. This excitement comes on the back of the company’s June quarter (Q1FY24) provisional data which was robust on key parameters. The company reported solid assets under management (AUM) growth of 32% year-on-year (y-o-y) to ₹2.7 trillion—a multi-quarter high.

23.01 / 07:49

UPS Target Drag Q3 Yes Bank tumbles 10% as higher provisions drag Q3 profit down 80%

Private sector lender Yes Bank stock opened 10 percent lower on January 23 as the company's net profit for the quarter ended December 2022 fell 80 percent on-year on the back of ageing related provisions.

16.12 / 20:45

markets Bitcoin Binance Coin Bitcoin Price Drag Bitcoin targets $16.7K amid fear BNB may 'drag whole crypto market down'

Bitcoin (BTC) looked set to ditch $17,000 after the Dec. 16 Wall Street open as United States equities continued to fall.

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