Experts Financial News
17.09 / 11:33
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Autoworkers demonstrate in Brussels to protest layoff threats across the EU industrial base
Trade unions and thousands of disgruntled workers are demonstrating in the Belgian capital to protest the threat of massive layoffs in a state-of-the-art Brussels car factory and other key industries
17.09 / 09:12
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Ashok Leyland shares down 1.57% as Nifty gains
Ashok Leyland Ltd. rose 1.57 per cent to Rs 239.85 in Tuesday's trade. It hit an intraday high of Rs 244.6 and low of Rs 237.9, respectively, during the day. The stock quoted a 52-week high price of Rs 264.7 and low of Rs 157.65.
17.09 / 09:09
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Donald Trump introduces new cryptocurrency World Liberty Financial: Can it ‘make finance great again’?
Donald Trump, accompanied by his two eldest sons and several cryptocurrency entrepreneurs, announced a new digital currency initiative, World Liberty Financial, during a livestream event on Monday. This marks a dramatic shift in Trump’s stance on cryptocurrencies, as he had previously been critical of digital currencies during his earlier campaigns. The timing of the announcement, just months ahead of the U.S. presidential election, has raised eyebrows among supporters and critics alike.
17.09 / 09:07
17.09 / 08:36
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GigaPips by Avenix Fzco: Merging Technical Indicators with Candlestick Patterns
The GigaPips forex robot is the latest release from Avenix Fzco, a Dubai, UAE-based financial technology company. Gigapips is made to be compatible with the MetaTrader 4 (MT4) platform. This automated trading software, also known as an Expert Advisor (EA), is designed to trade the Gold (XAU/USD) H1 timeframe with a BreakOut strategy.
17.09 / 08:17
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The Chinese chipmaker at the heart of the US-China tech war
chipmaker has been hard at work testing the limits of U.S. authority. Semiconductor Manufacturing International Corp., or SMIC, is manufacturing chips with features less than one-15,000th of the thickness of a sheet of paper. The chips pack together enough computing power to create advancements such as artificial intelligence and 5G networks. It's a feat that has been achieved by just a few companies globally — and one that has landed SMIC in the middle of a crucial geopolitical rivalry. U.S. officials say such advanced chip technology is central not just to commercial businesses but also to military superiority. They have been fighting to keep it out of Chinese hands, by barring China from buying both the world's most cutting-edge chips and the machinery to make them.
17.09 / 08:03
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Indian Oil Corp. shares drop 0.75% as Sensex rises
Indian Oil Corporation Ltd. traded 0.75 per cent down at Rs 170.5 at 01:08PM (IST) on Tuesday, even as BSE benchmark Sensex gained 130.01 points to 83118.79. The stock had closed at Rs 171.8 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 196.8 and Rs 85.51, respectively.
17.09 / 07:37
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Ventive's IPO announcement was timed perfectly. But not for investors.
Subscribe to enjoy similar stories. “Strike while the iron is hot," the saying goes. Ventive Hospitality’s recent announcement of an initial public offering (IPO) exemplifies this, as it comes amid a boom in the domestic IPO market and an upcycle in the hotel industry.
17.09 / 07:12
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Is Bitcoin Price Quietly Preparing for a Bull Run? Chris Burniske Spots Key Early Signals
Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...
17.09 / 06:40
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Share price of Mphasis jumps as Sensex gains 69.81 points
MphasiS Ltd. gained 1.03 per cent to Rs 3159.0 at 11:36AM (IST) in Tuesday's trade. The scrip has hit a high of Rs 3170.0 and low of Rs 3112.4 so far during the session. The stock had closed at Rs 3126.6 in the previous session. The counter has had a total traded volume of 3918 shares so far with a value of Rs 1.22 crore on the NSE. It traded at a price-to-earnings multiple of 38.34 and a price-to-book ratio of 5.13.
17.09 / 06:38
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Suzlon Energy shares deliver 113% return in 6 months: Does more growth awaits?
Suzlon Energy have given multibagger returns of 113% in just 3 months and have increased by 116% so far this year, as the stock sustains its positive momentum. Recently, the company announced it has received India’s largest wind energy order of 1,166 MW from NTPC Green Energy, the renewables arm of NTPC. This order requires Suzlon to install 370 S144 WTGs, each with a rated capacity of 3.15 MW, generating electricity to power 3 million households.
17.09 / 06:24
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Info Edge shares drop 0.11% as Sensex rises
Info Edge (India) Ltd. traded 0.11 per cent down at Rs 7895.85 at 11:31AM (IST) on Tuesday, even as BSE benchmark Sensex gained 93.37 points to 83082.15. The stock had settled at Rs 7904.9 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 7955.0 and Rs 3973.15, respectively.
17.09 / 06:22
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Terry Fox’s brother says statue’s move from Parliament Hill has ‘significance’
The brother of Terry Fox is calling the move of his older sibling’s statue in Ottawa one of “significance,” now that it stands along Fox’s route through the national capital during his “Marathon of Hope.”
17.09 / 05:32
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Sensex, Nifty trade lower as investors stay on sidelines ahead of US Fed meet
Sensex and Nifty opened on a muted note with buying seen in FMCG stocks. Britannia, Tata Consumer and HUL were trading 1% higher each while Tata Motors fell over 2% after 1.9 crore shares of the bluechip were trade in a large block deal.
17.09 / 05:16
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Big movers on D-Street: What should investors do with Marcrotech Developers, HDFC Bank and Adani Green?
The stocks that were in focus included names like Macrotech Developers, which rose 3.64%, HDFC Bank, which gained 0.2%, and Adani Green, whose shares jumped 7% on Monday.
17.09 / 04:21
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Aishwarya Rai turned into a doll: Artist immortalises her Anant Ambani wedding look
Aishwarya Rai stole the show in dazzling red attire at Anant Ambani & Radhika Merchant’s wedding in July. Now, a Sri Lankan artist has immortalised her look at the wedding in the form of a doll. A video featuring the doll has become the talk of the town now.
17.09 / 03:49
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Microsoft approves new $60 billion share buyback program
Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion. The tech giant declared a quarterly dividend of $0.83 per share, reflecting an 8 cent, or 10%, increase over the previous quarter.
17.09 / 03:46
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Rate cuts in Europe keep Indian IT sector's hopes up
technology budgets soon as Europe has started reducing interest rates and the US is expected to follow suit. While industry analysts foresee this as a tailwind along with the ongoing digital adoption by enterprises, they said the impact on the industry may be felt only by the fourth quarter of this fiscal ending March 2025. «We think the first change will reflect in the management commentary turning more optimistic and references to green shoots in discretionary demand pickup,» said Kumar Rakesh, associate director at BNP Paribas, who closely tracks the IT sector. «Impact on earnings will likely take a little longer and we think it will start reflecting in CY2025.»
17.09 / 03:10
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Bajaj Housing makes stellar debut! Technical glitches rob many of the chance to make IPO gains
Bajaj Housing Finance made a stellar debut on the domestic bourses, some investors could be rueing the missed chance due to technical hiccups. Nearly 14 lakh applications or 16% of total bids in the company's Initial Public Offering (IPO) — the largest issue in 2024 — were disqualified, according to allotment documents released on Monday. This is the second-highest number of rejections in absolute terms since the Life Insurance Corporation (LIC) IPO in May 2022. Bankers and market participants said most disqualifications were due to operational glitches, with a chunk of them being unable to complete the UPI (Unified Payments Interface) process. There were also reports of technical issues related to UPI systems.
17.09 / 02:41
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Shapoorji Pallonji Group wants Tata Sons to go for IPO
Mistry family's Shapoorji Pallonji (SP) Group, which holds an 18.37% stake in Tata Sons, suggested that the Tata Group holding company explore the possibility of an initial public offering (IPO) to unlock value for stakeholders, according to people with knowledge of the matter. At the Tata Sons annual general meeting (AGM) held on Monday, the SP Group also praised the strong performance of group companies under the leadership of the executive team headed by chairman N Chandrasekaran, suggesting that ties between the two sides may have become less frosty.
17.09 / 02:39
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Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy
Subscribe to enjoy similar stories. Breakout stocks to buy or sell: Following strong global market sentiments on the US Fed rate cut buzz, the Indian stock market started the week on a higher note and finished upside on Monday. The Nifty 50 index finished 27 points higher at 25,383, the BSE Sensex ended 97 points higher at 82,988, whereas the Bank Nifty index gained 215 points and closed at 52,153.
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