Experts Financial News

Buy or sell stocks for today: Buoyed by the commentary by the dovish RBI and hike in FY25 GDP growth forecast, the Indian stock market ended higher for the third straight session on Friday last week. The Nifty 50 index gained 468 points and closed at 23,290, whereas the BSE Sensex surged 1618 points and ended at 76,693.

Reasi on Sunday is one of the biggest terrorist attacks on outsiders this year and marks a shift in terrorist activities in the Jammu region, said counterinsurgency experts, adding that so far terrorists were targeting security forces in the region.

An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree.

Mumbai: The Indian stock market will be watchful of global factors after the Lok Sabha elections and monetary policy decisions are settled, next week.Analysts believe that investors will keep an eye on the US Fed interest rate decision, India's inflation data, and the decisions of the new government for the upcoming week starting from Monday.The US Fed will announce US core and consumer price inflation figures, alongside the US Federal Reserve's interest rate decision and Federal Open Market Committee (FOMC) economic projections on June 12. Bank of Japan will also announce its interest rate decisions this week.Domestically, On June 12, 2024, India will announce industrial production data and inflation data which will be closely tracked by the investors.India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March.

Delhi High Court has directed the constitution of a medical board to evaluate the medical condition of RJD chief Lalu Prasad Yadav's close aide Amit Katyal, who sought interim bail on medical grounds in a money laundering case linked to the alleged land-for-jobs scam in the Indian Railways. The High Court observed that even though the report from the jail did not indicate any «underlying medical condition», the accused recently had a bariatric surgery and, therefore, asked the AIIMS director to immediately constitute the team of doctors from minimum three different specialties to ascertain the nature of ailments he is suffering from.

Supreme Court, seeking directions to the Centre and the Securities and Exchange Board of India (SEBI) to submit a detailed report into the stock market crash on the day of election results on June 4, when investors lost billions of rupees.

The Reserve Bank of India (RBI) maintained status quo on key interest rate yet again on Friday, while announcing its second bi-monthly monetary policy decison for the current financial year.

Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, rose more than 2% to reach new highs on Friday after the Reserve Bank of India (RBI) increased the GDP growth forecast to 7.2% for 2024-25 from 7% before.In day trading, the 30-share BSE Sensex rose 1,720.8 points, or 2.29%, to a new record high of 76,795.31. The benchmark closed at a record high of 76,693.36, up 1,618.85 points, or 2.16%.The NSE Nifty rose 498.8 points, or 2.18%, to 23,320.20 throughout the day, trailing just the record intraday high by 18.5 points.

₹3.28 lakh crore in market valuation last week, according to a PTI report. Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries (RIL) were the top performers.Overall, RIL maintained its position as the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, and ICICI Bank rounding off the top five.

5 key money lessons on value investing one can learn from Warren BuffettExperts point out that growth and value are two distinct investment philosophies that represent contrasting approaches, each with its own set of merits and risks.Value stocks are shares of companies that appear to be priced lower than their true worth. These companies usually have stable finances, steady earnings, and low valuation measures. Investors in value stocks look for bargains—stocks that are temporarily unpopular or ignored by the market, hoping their true value will eventually be recognised, leading to price increases.

Indian stock market: Continuing their upward trend for the third consecutive session, Indian stock market benchmarks, the Sensex and the Nifty 50, reached new closing highs on Friday, June 7. Despite a sharp 6 percent drop on June 4, market benchmarks have shown solid gains so far in June. The Sensex has risen by about 3.7 percent, while the Nifty 50 has gained nearly 3.4 percent in the first week of the month.During the session, the Sensex reached a new all-time high of 76,795.31 before closing at 76,693.36, up 1,619 points or 2.16 percent, with all components in the green.

Sri Lanka, Maldives, Mauritius and the Seychelles to the June 9 swearing in of the next Narendra Modi government reflects the focus on the western and southern Indian Ocean (IOR), where India has been security provider and first responder during crises for decades.

RedBalloon CEO Andrew Crapuchettes shares insights from a new report, ‘2024: The Toughest Labor Market,’ in a Fox News Digital exclusive.

tulsi (holy basil) on the window sill. Naturally, I sought the help of a horticulture expert who planned the garden space and got the plants started. I definitely wanted a patch for fresh herbs in my cooking.

₹333 crore from anchor investors ahead of its debut share offer for public subscription.Overall, the company offered 3.58 crore equity shares to 23 funds at ₹93 apiece, for a total of ₹333 crore, it said. ixigo IPO price band has been set in the range of ₹88 to ₹93 per share.ixigo is a technological firm that enables Indian travellers to plan, schedule, and manage their journeys by train, air, buses, and hotels.

investors always want to know how many years it will take to double, triple or quadruple their investments. The last rule in the list is Rule 144 which tells how many years your investments will take to quadruple.

Expert view: Following the Lok Sabha election 2024 results, the D-Street witnessed a bloodbath on Tuesday, June 4. However, in the previous three sessions, domestic benchmark indices have extended advances into the third straight session, ending at new closing highs on Friday, June 7.

₹333 crore from anchor investors. The subscription period for Le Travenues Technology's initial public offering will wrap up on Wednesday, June 12.Major investors that have subscribed to ixigo IPO's anchor book include Nomura, Morgan Stanley, 3P India Equity Fund, HDFC MF, Motilal Oswal MF, the Government of Singapore, and Tata Investment Corporation.“The IPO Committee of the company at its meeting held on June 07, 2024, in consultation with Axis Capital Limited, DAM Capital Advisors Limited and JM Financial Limited (“Book Running Lead Managers"), have finalised allocation of 35,811,405 equity shares, to anchor investors at anchor investor allocation price of ₹93/- per equity share," said the company in an exchange filing on Friday, June 7.Out of the total allocation of 35,811,405 equity shares to anchor investors, 12,087,583 equity shares (33.75% of the total allocation to anchor investors) were allocated to four domestic mutual funds that applied through a total of seven schemes (SBI Magnum Children's Benefit Fund, HDFC Mutual Fund, Whiteoak Capital Flexi Cap Fund, Motilal Oswal Large Cap Fund).ixigo IPO already announced pre-IPO secondary placements of about ₹176.2 crore at the upper end of the price range, which were completed a day before the anchor book opened.ixigo is a digital firm that enables Indian travellers to plan, book, and manage their journeys by train, air, bus, and hotel.

The total global volume of fish, shrimp, clams and other aquatic animals that are harvested by farming has topped the amount fished in the wild from the world’s waters for the first time ever

A judge rather than a jury will decide whether Google violated federal antitrust laws by building a monopoly on the technology that powers online advertising

Air Canada Boeing carrying 400 passengers suddenly started emitting flames immediately after take-off from Toronto on Wednesday. It was en route to Paris. A video showing the terror was uploaded on social media, reports 'New York Post'. Confirming the incident, Air Canada said in a statement that the plane developed an unspecified “engine issue”. However, it turned around quickly and made an emergency landing back at the Toronto airport, fire crews attended the plane. Air Canada claims that no one has been injured.