Experts Financial News

21.11 / 12:01
COST Waters Research Micron Experts cover diving Can houseplants clean your air better than air purifiers? Read to find out
Clean Air Study, which suggested that certain houseplants could remove harmful pollutants like benzene and formaldehyde from the air. This research creates a picture that indoor air quality can be improved by adding plants to your space.
21.11 / 09:29
markets Analysis Trade Experts show performer reports Nifty's 200-DEMA breach gave positive returns 10 of 11 past times: Report
Nifty 50 index recently breached a significant technical milestone, its 200-day Exponential Moving Average (EMA), on November 13 and is now trading below it. Domestic brokerage firm Bajaj Broking believes that it is a signal, promising potential returns for investors in the coming months. A report by Bajaj Broking suggests that historically, out of 11 instances analyzed (excluding the COVID-19 market crash), the Nifty showed positive returns in 10 cases over a one-year period. This track record further emphasizes the potential significance of the recent EMA touchpoint.
21.11 / 09:29
markets Strategy Election Experts show performer Maharashtra election: What exit poll results mean for parties in fray
After the close of voting, several exit polls backed the BJP-led alliance to dominate, while two suggested that the Maha Vikas Aghadi (MVA) coalition would go all the way. Some saw the BJP-led Mahayuti securing as high as 160 seats. Congress-led INDIA bloc is projected to get approximately 120 seats. The majority mark in the state is 145. In the 2019 Maharashtra assembly elections, BJP won 105 seats and its then ally Shiv Sena (undivided) 56. The NCP (undivided), which was part of the UPA, bagged 54 constituencies and Congress 44.
21.11 / 09:29
markets Action Strategy Food Experts reports testing Heavy metals found in 'expertly crafted' Lindt chocolates: How safe is your favorite treat?
Swiss chocolate company Lindt & Sprüngli has found itself at the centre of a legal controversy in the United States. In 2023, a class action lawsuit was filed against the company, accusing it of misleading consumers about the quality of its products. The case stems from allegations that Lindt’s premium dark chocolate contains significant amounts of lead and cadmium, two heavy metals known to have harmful effects on health. The legal dispute began after a 2022 Consumer Reports study, which highlighted the presence of alarmingly high levels of lead and cadmium in Lindt’s Excellence Dark Chocolate 85% Cocoa and Excellence Dark Chocolate 70% Cocoa. The study, which examined several brands of dark chocolate, raised concerns about the long-term health effects of consuming chocolate with high metal levels. Lindt, however, was the focus of much of the backlash. In its defence, Lindt claimed that «lead and cadmium are unavoidable in the food supply» and insisted that the trace amounts in its products were well within regulatory limits. The company further argued that marketing terms like “expertly crafted” and “finest ingredients” were simply promotional language, or “puffery,” which should not be taken as literal guarantees. This legal strategy was intended to have the case dismissed, but it only sparked further criticism.
21.11 / 08:33
markets Strategy Election Experts track Courts AAP announces first list of candidates for 2025 Delhi Assembly elections
Aam Aadmi Party (AAP) on Thursday revealed its first list of candidates for the upcoming Delhi Assembly elections, expected to be held in early 2025. The list includes several former BJP and Congress leaders who recently joined AAP. Brahm Singh Tanwar, Anil Jha, and BB Tyagi from the BJP, along with Chaudhry Zubair Ahmad, Veer Dhingan, and Sumesh Shokeen from the Congress, have been given tickets for the elections.
21.11 / 08:33
markets Art Gap Analysis trends Trade Experts PNB stock price 3.77 per cent as Sensex
Punjab National Bank 3.77 per cent to Rs 97.10 at 01:45PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 3,532,629 shares with a turnover of Rs 34.08 crore till 01:45PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 7.72, while the price-to-book value ratio stood at 1.34.
21.11 / 08:33
markets Art Gap Analysis trends Trade Experts Bank of Baroda stock price 3.41 per cent as Sensex
Bank of Baroda 3.41 per cent to Rs 229.10 at 01:50PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 1,508,015 shares with a turnover of Rs 34.06 crore till 01:50PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 5.93, while the price-to-book value ratio stood at 1.14.
21.11 / 08:33
markets FIVE Strategy Mobile Experts shock Special 26 Reloaded: Cybercriminals pose as CBI to loot ₹6.29 crore from senior executive
In a shocking case of cybercrime, a 59-year-old senior executive at a Mumbai-based software company lost ₹6.29 crore to fraudsters impersonating CBI officials, ToI reported. The incident, recorded as the largest online fraud case by the Pune Cyber Police, unfolded between November 9 and November 14 at the victim’s residence in Pashan, Pune. Police revealed that the crooks kept the victim under «digital arrest» for five days, using the pretext of verifying alleged money laundering transactions linked to his mobile number. «The victim, who will retire from service in the next six months, was thoroughly disturbed when he approached us with a complaint,» said Deputy Commissioner of Police (Cyber) Vivek Masal. «We took him into confidence and counselled him into lodging a complaint and registered an FIR. A police team has been formed to analyse the audio-video calls between the crooks and the victim and details of the bank accounts where money was transferred to establish the money trail.»
21.11 / 08:33
markets Strategy Mobile awards Experts reports rowing Jio, Airtel, Vi continue to suffer customer losses for a third time
Reliance Jio, Bharti Airtel and Vodafone Idea—continued to suffer major customer losses for the third month in a row in September, even as state-run BSNL continued its addition spree, following the mobile tariffs hikes by the private telcos in early July. As per data released by Telecom Regulatory Authority of India (Trai) for the month of September, Jio lost 7.9 million wireless customers, followed by Vodafone Idea which saw a decline of 1.5 million wireless customers and Bharti Airtel lost 1.4 million wireless users. Bharat Sanchar Nigam Ltd (BSNL), was the only telco which added wireless customers in September as the state-run firm had not raised tariffs and is benefitting because users are shifting to the company. BSNL added 849,493 subscribers during the month. The three private telcos had raised mobile rates in the range of 11-25% in early July and these firms have been seeing their user base decline after that.
21.11 / 08:33
markets UPS Merit Experts PAM testing Uttar Pradesh Police Constable exam results declared, 1.74 Lakh candidates shortlisted
The shortlisted candidates will now undergo document verification and physical tests before the final selection. «Based on the normalized scores, merit, and the reservation policies of Uttar Pradesh, approximately 2.5 times the advertised vacancies—totaling 1,74,316 candidates—have been shortlisted for document verification and physical standards testing,» an official stated. The written exam, held in 10 phases, assessed candidates for positions within the Civil Police. The evaluation process included normalising marks based on recruitment rules and the initial advertisement.
21.11 / 08:33
markets UPS security Enterprise Experts PAM Mutual funds bought 46 lakh shares of Adani Enterprises last month
Adani Enterprises, which plunged 20% on Thursday after billionaire Gautam Adani and seven others faced charges in the United States in a multibillion-dollar bribery and fraud scheme, were among the top largecap picks of mutual funds last month. Mutual funds added around 46 lakh shares of Adani Enterprises in their portfolio in October as the number of shares went up from 2.5 crore in September to around 2.96 crore, according to a report by Nuvama Alternative & Quantitative Research. Adani Enterprises Quant Mutual Fund added around 66.61 lakh shares of this stock whereas Invesco Mutual Fund sold around 7.57 lakh shares of Adani Enterprises.
21.11 / 08:33
markets COST Sustainability Experts PAM rights PharmEasy halves loss to Rs 2,533 crore in FY24, revenue dips 15%
API Holdings Limited, recorded a revenue of Rs 5,664 crore in FY24, a decline of 14.7% compared to Rs 6,644 crore in FY23. The Mumbai-based company reported a net loss of Rs 2,533 crore, an improvement from the Rs 5,212 crore loss in FY23, driven by a reduction in goodwill impairment charges to Rs 582 crore from Rs 2,826 crore in FY23. Sales of medicines (goods) for FY24 were Rs 5,008 crore, while revenue from lab tests and other services stood at Rs 652 crore. PharmEasy published these numbers on its website.
21.11 / 08:33
markets Strategy President Experts show Department Updates TMC MP questions 'involvement' of BJP government over bribery charges against Adani
Gautam Adani charged in an alleged bribery and fraud case in the US, Trinamool Congress MP Saket Gokhale on Thursday asked if the Narendra Modi-led government was involved in it. Gokhale said while markets were reacting to the news of the indictment, the government was «silent» on the issue. Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay USD 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts. The BJP, reacting to Congress's attack on the issue, questioned the timing of the development, as it came just before the start of the Parliament session and Donald Trump's impending presidency. All the states mentioned in the indictment where government officials were paid bribes allegedly by the Adani Group were Opposition-ruled during that time, BJP's IT department head Amit Malviya said.
21.11 / 06:25
Citi Provident Experts inclusion information Updates Govt may include e-commerce data, expand coverage to improve calculation of retail inflation
Subscribe to enjoy similar stories. New Delhi: The government has proposed changes such as the inclusion of e-commerce data to prepare a new base year for the Consumer Price Index (CPI) as part of a broader initiative to better reflect contemporary consumer spending patterns. The planned changes include leveraging modern data collection techniques such as sourcing price information from e-commerce platforms, expanding coverage beyond the major cities and relying on privately rented dwellings to calculate housing rents, according to a presentation by the ministry of statistics and programme implementation on Wednesday.
21.11 / 04:23
markets Progressive Action Strategy Experts testing patient OneCell Diagnostics raises $16 million in round led by Celesta Capital, others
OneCell Diagnostics raised $16 million in an oversubscribed series A funding round led by Celesta Capital. Other participants in the funding round included Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures. The company, which has developed cutting-edge technology for precision oncology liquid biopsy diagnostics and is headquartered in India and Silicon Valley, said the funding will be used to advance its vision of democratising precision oncology through cancer diagnostic testing that is more accessible, actionable, and affordable.
21.11 / 04:23
markets Digital Booking Experts PAM recommendations Updates Best aggressive hybrid mutual funds to invest in November 2024
mutual funds or schemes that invest mostly in equity and debt fare better in an uncertain or volatile environment. Mutual fund experts believe that the markets are likely to be cautious and investors should also proceed with caution. Aggressive hybrid funds are one of the popular hybrid mutual fund categories. These schemes are mandated to invest in a mix of equity (or stocks) and debt. As per Sebi norms, these schemes must invest 65-80% in stocks, and 20-35% in debt. This mixed portfolio helps to deal with the market volatility better. When the equity market is in turmoil, the debt part of the portfolio softens the blow. This helps new investors to continue with their investments without worrying too much about volatility. Also Read | Best value funds to invest in November 2024
21.11 / 04:23
Citi Provident Analysis awards Trade Experts cover Bharti Airtel shares in focus as co awards multi-billion extension deal to Nokia
Shares of Bharti Airtel are likely to remain in focus today as the company has awarded a multi-year, multi-billion deal to the Finnish telecom gear supplier Nokia to deploy 4G and 5G equipment across key Indian cities and states. “Nokia has been awarded a multi-year, multi-billion extension deal by Bharti Airtel (‘Airtel’) to deploy 4G and 5G equipment across key Indian cities and states,” said the company filing to the exchanges.
21.11 / 04:23
markets UPS Target Analysis Trade Experts reports Buy Suzlon Energy, target price Rs 68: Geojit Financial Services
buy call on Suzlon Energy with a target price of Rs 68. The current market price of Suzlon Energy Ltd. is Rs 62.35. Suzlon Energy Ltd., incorporated in 1995, is a Small Cap company with a market cap of Rs 84951.61 crore, operating in the Power sector. Suzlon Energy's key products/revenue segments include Wind Turbine Generator, Sale of services, Other Operating Revenue, Scrap for the year ending 31-Mar-2023.
21.11 / 04:23
markets Target Analysis Research Trade Experts recommendations Hot Stocks: Brokerage sees 18-20% in Paytm & Eicher Motors; Investec sees over 50% upside in Adani Energy
Investec has initiated coverage on Adani Energy with a «Buy» recommendation, citing significant opportunities in the transmission and smart metering segments.
21.11 / 04:23
markets Digital Sustainability awards Experts PAM Port of Los Angeles sees sustained import surge ahead of tariffs
tariff increases and seek to avoid labor-related disruptions at alternate ports. “The Port of Los Angeles handled a robust 905,000 container units in October,” Executive Director Gene Seroka told reporters on Wednesday. That’s a 25% gain over last year and is the first time the port handled more than 900,000 containers for four months in a row. “Los Angeles processed more cargo between July and October than we did during our peak year in 2021 or our second-best year in 2022,” Seroka said.
21.11 / 04:23
markets Digital Food Trade Experts AGRO PAM India, Trinidad and Tobago strengthen ties with MoU exchange during India-CARICOM summit
Trinidad and Tobago, on Thursday signed a Memorandum of Understanding (MoU) in the presence of Indian Prime Minister Narendra Modi and Trinidad and Tobago Prime Minister Keith Rowley. This event took place during the 2nd India-CARICOM Summit, which marked the final stage of PM Modi's three-nation tour. Meanwhile, PM Modi also held talks with PM Rowley on the sidelines of the summit. In a post on X, PM Modi mentioned that the two leaders discussed how to diversify trade relations between India and Trinidad and Tobago.

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