Experts Financial News
09.12 / 07:27
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Share price of Shriram Finance as Nifty
Shriram Finance Ltd. 0.36 per cent to Rs 3113.25 in Monday's trade as of 12:34PM (IST). The stock hit a high price of Rs 3161.40 and low of Rs 3105.05 during the session.
09.12 / 07:27
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Lupin shares 0.37% as Sensex falls
Lupin Ltd. traded 0.37 per cent in Monday's session at 12:39PM (IST). The stock opened at Rs 2133.55 and has touched an intraday high and low of Rs 2139.00 and Rs 2113.65, respectively, during the session so far. The stock quoted a 52-week high of Rs 2312.00 and a 52-week low of 1200.35. About 4,778 shares changed hands on the counter so far.
09.12 / 07:05
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Share price of Varun Beverages as Nifty
Varun Beverages Ltd. 0.44 per cent to Rs 641.20 in Monday's trade as of 12:13PM (IST). The stock hit a high price of Rs 650.00 and low of Rs 639.60 during the session. The return on equity (ROE) for the stock stood at 29.64 per cent. Traded volume on the counter stood at 12:13PM shares and turnover at Rs 9.22 crore around that time. The stock of Varun Beverages Ltd. quoted a 52-week high price of Rs 682.84 and 52-week low prices of Rs 424.30, respectively.
09.12 / 07:05
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You may soon become Mr India; Chinese scientists invent clothes that can turn people invisible
The study that was published in peer-reviewed journal Science Advances. “In other words, applying this technology to clothing could make an individual effectively ‘invisible’,” said lead researcher Wang Dongsheng, in an interview published last week by China Science Daily.
09.12 / 07:05
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Indian startups disrupting ecommerce dominance of foreign players with instant delivery model: Zupee CEO
Indian startups are redefining the ecommerce landscape, previously dominated by foreign players, through innovative instant delivery models, said Dilsher Singh Malhi, founder and chief executive officer (CEO) of Zupee. Speaking at the India Internet Governance Forum (IIGF) 2024, held at Bharat Mandapam in Delhi on Monday, Malhi emphasized the transformative role of Indian enterprises in the digital economy. «First the Indian ecommerce was driven and controlled by the foreign players primarily, but the instant delivery model of Indian companies is disrupting the ecommerce business,» he remarked.
09.12 / 07:05
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LTIMindtree shares 0.27% as Sensex rises
LTIMindtree Ltd. traded 0.27 per cent in Monday's session at 12:03PM (IST). The stock opened at Rs 6395.00 and has touched an intraday high and low of Rs 6440.35 and Rs 6337.30, respectively, during the session so far. The stock quoted a 52-week high of Rs 6575.00 and a 52-week low of 4518.35. About 2,114 shares changed hands on the counter so far.
09.12 / 07:05
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ACC shares 0.41% as Sensex falls
ACC Ltd. traded 0.41 per cent at Rs 2268.20 at 12:18PM (IST) on Monday, even as BSE benchmark Sensex 11.06 points to 81698.06. The scrip had closed at Rs 2258.85 in the previous session. The stock quoted a 52-week high price of Rs 2843.00 and 52-week low of Rs 1867.15, respectively. As per BSE data, total traded volume on the counter till 12:18PM (IST) stood at 4056 shares with a turnover of Rs 0.92 crore.
09.12 / 07:05
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ICICI Lombard shares 0.88% as Sensex falls
ICICI Lombard General Insurance Company Ltd. 0.88 per cent to Rs 1966.20 in Monday's session as of 12:29PM (IST) even as the equity benchmark Sensex traded 20.82 points at 81688.3. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 2285.85 and a 52-week low of Rs 1354.80 on NSE. Around 6748 shares changed hands on the counter till 12:29PM (IST).
09.12 / 07:05
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Canara Bank share price 0.32 per cent
Canara Bank traded 0.32 per cent up at Rs 109.45 at around 12:08PM (IST) on Monday. The stock had closed at Rs 109.10 in the previous session. Equity benchmark Sensex traded 12.81 points at 81696.31 around the same time.
09.12 / 06:35
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Bandhan Bank shares 0.17% as Nifty gains
Bandhan Bank Ltd. traded 0.17 per cent in Monday's trade at 11:58AM (IST). Around 126,672 shares changed hands on the counter. The counter opened at Rs 177.00 and touched an intraday high and low of Rs 177.10 and Rs 175.80, respectively, in the session so far. The stock of Bandhan Bank Ltd. quoted a 52-week high of Rs 263.15 and a 52-week low of Rs 163.00.
09.12 / 06:35
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Year-ender 2024: 14 large cap mutual funds offer over 20% return in 2024
large cap mutual funds have offered more than 20% return in 2024. There were around 30 funds in the large cap category in the mentioned period. WOC Large Cap Fund, the topper in the category, offered 25.75% return in 2024. Invesco India Largecap Fund gave 24.89% return in the mentioned period. DSP Top 100 Equity Fund offered 24.16% return in the said period, followed by Baroda BNP Paribas Large Cap Fund which gave 23.97% return in the same period.
09.12 / 06:19
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How should the opioid settlements be spent? Those hit hardest often don’t have a say
People with substance use disorder are not getting a direct say on how most opioid settlement money is used
09.12 / 05:35
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Taking Stock: Mutual fund SIP investors made up to 60% return in 2024
SIP investments fared in 2024. The analysis of SIP performance showed that most of the schemes did exceptionally well and grew investors' wealth by more than 50% in 2024. On the other hand, only one scheme eroded investors' wealth by delivering negative returns in 2024. The SIP returns generated by equity mutual funds varied between 60% and -1% in 2024. Over 150 equity mutual funds gave more than 20% XIRR on SIP investments made on January 1, 2024. There were around 268 equity mutual funds in the mentioned period.
09.12 / 05:35
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India's luxury property market is a boon to Trump's business
Trump started his first campaign for the presidency, two Trump-branded buildings were going up in India, one in the financial capital of Mumbai and the other nearby in Pune. Before he won in 2016, the Trump Organization expanded its business in India, signing deals in two more big cities. The day after Trump's victory in November, a developer in India told local media about half a dozen new deals. Like the others, Indian companies buy the land, build the high-rises, sell the units and pay a fee to use the Trump name. These deals are putting India even more squarely in the Trump Organization's sights. And with Trump on his way back to the White House, the country is emerging as center stage for potential conflicts of interest.
09.12 / 04:51
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Sensex falls! These stocks are down 5% or more on BSE
On the BSE, Adeshwar Meditex(down 20.00 per cent), Mishtann Foods(down 19.96 per cent), Shivansh Finserve(down 15.00 per cent), AVI Products India (down 12.23 per cent) and Aztec Fluids & Machi(down 10.73 per cent) were among the stocks that plunged over 5 per cent during the session.
09.12 / 04:51
09.12 / 04:51
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Pharmaceuticals
Stock market update: Nifty Pharma index 0.74% in a weak market
Natco Pharma Ltd.(up 0.83 per cent), Mankind Pharma Ltd.(up 0.67 per cent), Torrent Pharmaceuticals Ltd.(up 0.23 per cent), Granules India Ltd.(up 0.15 per cent) and Ajanta Pharma Ltd.(up 0.13 per cent) were among the top gainers.
09.12 / 04:51
09.12 / 04:05
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Stocks to buy today: Zomato, Tata Motors among top 9 trading ideas for 9 December, 2024
The Nifty future closed positive with gains of 0.04% at 24775 levels on Friday. India VIX closed at 14.14 in the previous trading session.
09.12 / 04:05
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NRI Talk: FCNR(B) Deposits - Higher rates offer NRIs an attractive investment opportunity
RBI guidelines and the rates at which they are able to lend in foreign currency,” says Bhavik Thakkar, CEO Abans Investment Managers. In an interview with ETMarkets, Thakkar said: “For NRIs since rates have gone down in global major economies, India FCNR rates relatively becomes attractive, if it further goes up, it may benefit them more,” Edited excerpts:
09.12 / 04:05
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Hotel in Meerut serves chicken to vegetarian family; Video goes viral
Romeo Lane restaurant in the Down Town Complex on Friday evening. The family had ordered a vegetarian dish, but they were served roasted chicken. As the family realised that it was a non-vegetarian dish, they created a ruckus in the restaurant. A purported video of the incident has gone viral on social media.
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