Experts Financial News

Buy or sell stocks for today: Following a choppy trend in the global markets, the Indian stock market erased all its gains in the closing bell on Tuesday. The Nifty 50 index ended marginally higher at 23,264, while the BSE Sensex finished 33 points lower at 76,456.

public consultation before the start of the upcoming Parliament session in July, to give ample time to stakeholders to deliberate, a senior government official said.

private plane that vanished on a snowy night in Vermont in Lake Champlain. The jet vanished after leaving Burlington Airport for Providence, Rhode Island, in 1971. It had two crew members and three employees of Cousin’s Properties, an Atlanta company working in Burlington.

Hunter Biden on three counts of violation pertaining to a US Federal Gun law. Hunter Biden is the son of US President Joe Biden. This conviction has raised questions pertaining to the federal gun law, conviction arising out of the violations of this law and the upcoming US presidential elections in November.

Justin Trudeau meets Joe Biden at the G7 summit in Italy this week, Trudeau probably won't ask if the US might have a civil war soon. But, as per the reports of 'Politico', a research group in Trudeau's government is already thinking about it. In a report called «Disruptions on the Horizon,» they suggested that Ottawa should prepare for the possibility of a civil war in the U.S. The report mentioned how ideological differences, weakening democracy, and unrest within the country could lead to such a situation. The report is 37 pages, but it says this in just 15 words.

Ether gets ETF approval from US regulator; experts predict volatility ahead“A recent batch of labor market figures exceeding expectations has cast doubt on the Federal Reserve's likelihood of cutting interest rates anytime soon. This shift in sentiment has dampened risk appetite, adversely impacting cryptocurrencies.

Federal health advisers have endorsed a closely watched Alzheimer’s drug from Eli Lilly for people with mild dementia

Gas prices are once again on the decline across the U.S. That's bringing some relief to drivers now paying a little less to fill up their tanks

Have you been feeling the hype around the crypto market in recent months? The headlines are all about how the market has jumped to create new all-time highs and profit the investors. Cryptocurrencies have become an asset for the world as people realize the importance of decentralization. Looking at the market, there are some currencies that have displayed exceptional performance.

Modi 3.0 Cabinet: Nirmala Sitharaman retains finance ministryMany experts rate Sitharaman's first term as remarkable as she managed to keep the Indian economy firmly on the growth path amid a testing time."The Finance Minister's first term can definitely be rated 8/10 given the challenges faced on the macroeconomic front, both at the domestic and the global front, in terms of tackling inflationary pressures while, at the same time, ensuring growth remains a priority," said Aamar Deo Singh, Sr. Vice President, Research, Angel One.Also Read: Mint Explainer: Key policy changes in Nirmala Sitharaman’s first stint as FMMacro stability is what the market wants, and Sitharaman can deliver on that, say experts."Nirmala Sitharaman's first term as Finance Minister demonstrated a commendable balance between fiscal prudence and economic stimulus, especially amidst the unprecedented challenges of the COVID-19 pandemic.

All We Imagine As Light and other festival darlings such as All That Breathes, Agra, and Kennedy have found themselves in the shadows of mainstream blockbusters, highlighting the challenges these critically lauded films face in securing a theatrical release. Entertainment industry experts say despite their critical acclaim, these titles do not come with the marketing or distribution heft necessary to secure a place in mainstream theatres, fund promotions, or negotiate deals with exhibitors. “These movies fail to excite users due to inadequate marketing efforts such as trailers and advertising.

Modi 3.0 stock pick: After the formation of Modi Cabinet 2024, market experts are busy finding value picks on Dalal Street as most of the business and economy-related portfolios have been given to the same ministers who held the ministry in Modi 2.0. In this line, stock market experts predict that the Modi 2.0 policies will continue and catch momentum. They said that Modi government is committed to increase ethanol blending in petrol fuel to around 20 percent which is at around 14 percent only.

₹70 per equity share with a face value of ₹10 apiece. The United Cotfab IPO will kickstart its subscription on Thursday, June 13, and close on Wednesday, June 19.

₹90 to ₹94 per share. The GP Eco Solutions IPO lot size is 2,000 shares. The floor price is 9 times of the face value and the cap price is 9.40 times of the face value of the equity shares.The Noida-based company's IPO would include a fresh issue of 32,76,000 Equity Shares having a face value of ₹10- via the book-building process.

Modi 3.0 Cabinet: From Amit Shah, Nirmala Sitharaman, Jaishankar to Rajnath Singh – 10 ministers who retained portfolios"All solutions to electoral losses need not be translated into populism and away from a macro framework built over the last decade. We expect the government to remain fiscally prudent and populism to be used opportunistically," Kotak said.Prime Minister Narendra Modi was sworn in as prime minister for the third consecutive term on Sunday, June 9, along with his 71 ministers.

Modi cabinet 2024: After the formation of the Modi 3.0 government in New Delhi and Nirmala Sitharaman being retained as Finance Minister, the market is expecting continuity of the business and economic policies for the next five years. From the Indian stock market, investors must have their fingers crossed that PSU stocks will deliver the same kind of returns in the next five years.

₹271.10 apiece in intra-day deals on Tuesday, June 11, after global brokerage house Jefferies retained its bullish outlook on the stock as the central government's policy continuity should keep the oil PSU's profitability elevated. It stated that ONGC's profitability is to stay elevated compared to past averages.Following the announcement of the election verdict on June 4, where the BJP fell short of the 272 mark needed for a majority, the oil major's shares tanked almost 17 percent on that day.

REITs or Real Estate Investment Trusts are silently clawing back to prominence amid pick-up in demand for office space and rents moving north. REITs offer a diversification opportunity to investors at relatively lower risk, say experts who recommend a bite into this portion of the realty cake. Market regulator Securities and Exchange Board of India (Sebi) allowing fractional ownership through small and medium-sized REITs (SM REITs) is expected to benefit not just this segment but also offer an additional revenue to the retail investor.

demat accounts from around 4crores in early 2020 to above 15 crores now have created a new breed of newbies who are chasing the mid and smallcaps," said VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services.Also Read: Foreign investment surge fuels spectacular rally in India’s smallcaps amid bubble alerts"The sustained flow of mutual fund investments, particularly SIPs, into the broader market gives no option to the fund managers but to buy mid and smallcaps even when the valuations are high. The current pattern of fund flows and retail investor behaviour may sustain the outperformance of this segment for some more time.

Tata Motors DVR, and Tata Chemicals along with Asian paints and others will remain in focus this week due to corporate actions like dividends and annual general meetings. Here is a list of corporate actions lined up for the day:

₹71,251 per 10 gm and touched an intraday low of ₹71,072 within a few minutes of the commodity market's opening bell. In the international market, the COMEX gold price oscillates around $2,320 per troy ounce, whereas the spot gold price is around $2,303.According to commodity market experts, gold prices today are under pressure after better-than-expected US job data, which dents the US Fed rate cut buzz.