Experts Financial News

10.12 / 05:27
markets UPS Analysis Trade Experts Updates International Stock market update: Power stocks down as market rises
Energy Development Company Ltd.(up 5.00%), Karma Energy Ltd.(up 3.02%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Kalpataru Projects International Ltd.(up 0.65%), GE Vernova T&D India Ltd.(up 0.35%), Power Grid Corporation of India Ltd.(up 0.26%), Gujarat Industries Power Company Ltd.(up 0.19%), Transformers & Rectifiers(India)Ltd.(up 0.15%), KEC International Ltd.(up 0.13%) and Inox Wind Ltd.(up 0.07%) were among the top gainers.
10.12 / 05:27
markets Strategy Analysis Everest Trade Experts orienteering Sensex rises! But these stocks are down 5% or more on BSE
On the BSE, VCK Cap Market(down 17.37 per cent), Robust Hotels(down 9.96 per cent), Mishtann Foods(down 9.95 per cent), Rose Merc. Ltd.(down 9.12 per cent) and Rajdarshan Ind(down 8.86 per cent) were among the stocks that plunged over 5 per cent during the session.
10.12 / 05:27
markets UPS Analysis Yellow Trade Experts Gold Rate Today: Yellow metal rises above Rs 77,700/10 grams amid China’s stimulus pledge; Silver at Rs 95,330kg
As of 10:05 am, February gold futures were trading at Rs 77,726 per 10 grams on the MCX, up by Rs 240 or 0.31% from the previous session's closing price. Meanwhile, March silver futures were at Rs 95,330 per kg, rising by 133 or 0.14%.
10.12 / 05:27
markets UPS Gap Analysis trends Trade Experts REC stock price 1.01 per cent as Sensex
REC Ltd. 1.01 per cent to Rs 569.25 at 10:35AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 61,516 shares with a turnover of Rs 3.49 crore till 10:35AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 10.07, while the price-to-book value ratio stood at 1.73.
10.12 / 02:33
markets Analysis Healthcare Trade Experts rights Achyut Healthcare among 4 stocks to track today for stock split, rights, bonus and dividend
Achyut Healthcare and three other companies are in the spotlight today as they implement key corporate actions, including bonus issues, stock splits, dividends, and rights offerings. With today being the record date for these events, investor eligibility and stock movements are likely to see significant changes in the trading session. The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
10.12 / 01:31
markets security Experts PAM reports Schools UN Security Council convenes over situation in Syria
«The Council, I think, was more or less united on the need to preserve the territorial integrity and unity of Syria, to ensure the protection of civilians, to ensure that humanitarian aid is coming,» Russian UN ambassador Vassili Nebenzia told reporters after the emergency meeting requested by Moscow. Russia was a key ally of Assad, who was toppled by Islamist-led rebels over the weekend after a short and stunning offensive.
10.12 / 01:15
markets UPS Digital Aware Experts stage Prosus in talks to lead new funding in fintech Jar; ups ante in new deal-making
Prosus, the Dutch-listed investment arm of Naspers, is in an advanced stage of talks to lead a new round of funding in fintech Jar, people in the know said. The Swiggy investor has upped its new deal pipeline in India, and this would be the third major deal in the fintech and financing sector after itsinvestments in Mintifi and Vastu Housing Finance. It has also backed IPO-bound jewellery maker Bluestone this year. Jar, which helps consumers save small amounts to invest in digital gold, has held talks with investors to raise around $50 million in this round. The startup was last valued at $300 million when it raised $22.6 million from Tiger Global in 2022.
10.12 / 01:15
markets Citi IPO Analysis Trade Experts Buy into Vishal Mega Mart to grow with Bharat's consumption story
The public issue is aimed at giving a partial exit to Kedaara Capital, which will dilute the private equity promoter's stake to 76% from 96.5%. Since it is an OFS, the company will not get any proceeds from the share sale.
10.12 / 01:15
markets Action security Analysis trends Trade Experts Pre-market action: Here's the trade setup for today's session
Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said Nifty traded sideways throughout the day as traders stayed on the sidelines. In the short term, the trend is likely to remain that way due to the absence of any major events this week, he opined. «Technically, Nifty has initial support around 24,470. A break below this level could trigger a correction of 200-250 points. On the higher end, the 24,700-24,750 zone is expected to act as a resistance,» De said.
10.12 / 01:15
markets Strategy Analysis Trade Experts country Commentary Torrent Power raises Rs 3,500 crore in maiden QIP
Torrent Power, one of the largest private utility companies in the country, has raised ₹3,500 crore through qualified institutional placement (QIP), the company said on Monday. This is the first equity raise by the company and also the first in the last three decades by Torrent Group.
10.12 / 01:15
markets Strategy Analysis Food Trade Experts AGRO Agro Tech's Del Monte buy may trigger open offer
Agro Tech Foods' Rs 1,300- crore acquisition of Del Monte Foods is likely to trigger an open offer as the new shareholders' equity capital will surpass the stock held by the existing promoters, potentially altering the company's control dynamics, market experts said. Agro Tech Foods announced the acquisition of a 100% stake in Del Monte Foods last month. It will buy a 40.71% stake from DMPL India and the remaining 59.29% from Bharti Entities. As part of the deal, Agro Tech Foods will issue a total of 13.3 million shares on a preferential basis.
09.12 / 21:19
markets Strategy Experts show reports shock Videos Shocking Scene: Toddlers among freed inmates at Syrian notorious prison ‘Human Slaughterhouse’
Syrian rebels have taken control of the Saydnaya military prison near Damascus, freeing inmates held under brutal conditions. This event marks a significant turn in Syria’s prolonged conflict as the Assad regime collapses.
09.12 / 21:19
markets Provident Strategy Experts donates Podcasts Ashton Kutcher and Mila Kunis won't give a penny to their kids, they will shell out cash only if the siblings do this
Ashton Kutcher explained his and his ex-wife Mila Kunis's lack of intention to establish trust funds for their children. Due to their extremely successful acting careers, Ashton Kutcher and his wife Mila Kunis are said to have a combined net worth of $275 million; however, they have no plans to establish trust funds for their children in the future. The That '70s Show star previously stated that he and Kunis will not be providing their children with an allowance because they intend to instil a work ethic in them. This week, he claimed that toxic masculinity is the reason he raises his two young children differently, as quoted in a report by Express The US.
09.12 / 19:51
Digital Manufacturing Strategy economy Experts performer electronic PLI schemes brought in Rs 1.25 lakh crore investment: PM Modi
Prime Minister Narendra Modi said, while asserting that a large manufacturing base is important as the world needs an economy that continues to function strongly even during the biggest crises. Addressing the Rising Rajasthan Summit on Monday, Modi said development, led by the mantra of 'Reform, Perform and Transform,' is visible in every sector, and that every expert and investor in the world is very excited about India. He said the role of the PLI scheme — increasing manufacturing in India — is also expanding.
09.12 / 17:57
markets Digital Strategy Experts country politician Didi warns B'desh politicians over 'claims'; supports centre
Mamata Banerjee on Monday expressed hope that the Indian foreign secretary's Bangladesh visit would be successful. «We expect the Indian diplomacy talks to be successful and expect peace to return,» she said. Speaking in the assembly, Banerjee gave a stern message to Bangladeshi politicians, especially after Bangladesh Nationalist Party leaders said at a public meeting in Dhaka that their country has legitimate claims over Bengal, Bihar and Odisha. «Those who are saying this do not have strength. We are conscientious citizens who are enduring the test of patience. When you capture us, do you think we will eat lollipops?» she said. She also urged people to remain calm and not get provoked by statements made in Bangladesh and slammed the Bangladeshi leaders for making provocative statements.
09.12 / 17:57
markets Digital Strategy Experts PAM inclusion India bats for Syria's territorial integrity
India also called for an inclusive Syrian-led political process that represents aspirations of all sections of the Syrian society that includes Alwaites (Hafez Al-Assad is an Alawite), Kurds and other minorities. In a clear-eyed statement, the external affairs ministry noted, «We are monitoring the situation in Syria in the light of on-going developments. We underline the need for all parties to work towards preserving the unity, sovereignty and territorial integrity of Syria. We advocate a peaceful and inclusive Syrian-led political process respecting the interests and aspirations of all sections of Syrian society. Our Embassy in Damascus is in contact with the Indian community, for their safety and security.»
09.12 / 17:57
markets Digital Platform Strategy Research Experts You thought China was behind? Researchers develop record-breaking 504-qubit quantum computer that can challenge the best
China has achieved a huge and significant milestone in the field of quantum computing with the introduction of the Tianyan-504 which is actually a powerful 504-qubit quantum computer, reported Interesting Engineering. According to Interesting Engineering, the record breaking computer has been eventually developed through collaboration between the China Telecom Quantum Group (CTQG), the Chinese Academy of Sciences and QuantumCTek while at the same time this advancement includes the Xiaohong superconducting chip which eventually sets a domestic record for qubit count. Also Read: Is Kevin Costner the hottest bachelor in town? Women are desperate to date him and have this to say
09.12 / 17:57
markets Digital Strategy Experts Celebrity PAM social Jay-Z responds to child rape allegation, says he and Beyoncé will have a tough talk with their kids
According to the lawsuit, the girl, who had managed to enter the party, felt disoriented after consuming a drink. She alleges that Combs and Jay-Z, along with an unnamed female celebrity, assaulted her in a bedroom. The lawsuit seeks unspecified damages and is part of a broader effort by Buzbee, who stated he represents over 100 individuals with claims against Combs.
09.12 / 17:57
markets UPS Strategy Research Experts show Pharma market picks up pace, sees 10% value growth in Nov
Indian pharmaceutical market (IPM) recorded a growth of 9.9% in value and 3.1% by volume in November, according to data released by market research firm Pharmarack. After a weak performance in terms of volume growth for four months, November turned out to be a positive month for the sector, indicating a pickup in demand across key therapy areas in the acute and chronic segments, showed Pharmarack data. «Cardiac, gastro, anti-diabetes and derma have shown robust growth above the IPM growth of 9.9%,» said Sheetal Sapale, vice-president-commercial at the research firm. «Except for a few, all the top therapies have shown positive volume growth… Unit growth for a few therapies also is encouraging,» she added.
09.12 / 17:57
markets Digital Strategy Experts Justice PAM Hasina promises justice to victims of excesses under Yunus regime
Sheikh Hasina has promised justice to the victims of excesses committed under the Yunus regime and recalled she stepped down to prevent politics over dead bodies. She virtually delivered the speech at an Awami League meeting, organised in London on Sunday night. Yunus will be brought to justice soon, Hasina said, accusing the chief advisor of the interim government of masterminding the murder of activist Abu Sayed during the agitation against reservation in jobs.
09.12 / 17:49
markets UPS Digital Software economy Experts Department Enter, Peacetime General: New RBI guv comes in with enough room to build an institution and leave a legacy
RBI since Chakravarthy Rangarajan had to firefight from day one. Sanjay Malhotra may be an exception. As Malhotra walks into Mint Street as the 26th guv, he doesn't face challenges like his predecessors did — a currency crisis, or a ruptured relationship with GoI. Instead, what lies before him are a stable economy that requires some fuel, a fit banking system that's looking to fly, and a financial market that's impatient to grow. After deft handling of the Covid crisis, surge in money supply led to spiralling of prices, forcing it to raise interest rates. But the dual mandate of growth and inflation needs MPC to consider lowering policy rates, as there are signs of inflation cooling and also because of the negative impact of high real interest rates. Malhotra has the ground laid out by the departing Shaktikanta Das, who has signalled that the next move could be a cut in rates. That the two external members of MPC have already voted for a reduction could make his job easier. While monetary policy and interest rates may keep RBI in limelight, its full-service nature — by which it regulates banking, NBFCs and currency markets — has even broader implications for the economy.

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