Experts Financial News
12.03 / 05:25
12.03 / 05:25
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The French government says it's being targeted by unusual intense cyberattacks
The French government says that several of its services are being targeted by cyberattacks of «unprecedented intensity» and a special crisis center was activated to restore online services
12.03 / 05:23
12.03 / 04:59
IPO
Provident
Platform
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hospital
International
Royal Sense IPO: Check issue size, price band, GMP and other details
Royal Sense opened for subscription today and will close on March 14. The company aims to raise about Rs 10 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.
12.03 / 04:59
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RK Swamy share price makes a weak debut, stock opens with 13.2% discount at ₹250 apiece on NSE
₹250 per share, 13.19% lower than the issue price of ₹288. On BSE, RK Swamy share price today opened at ₹252 apiece, down 12.50% than the issue price. Experts anticipated RK Swamy share price to list in the range of ₹288 to ₹296 per share range.
12.03 / 04:27
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Nifty IT rises 1.5% in a weak market; TCS, HCL Tech, Infosys among top gainers
Track Live Market Updates Here The Nifty IT index has seen some consolidation in the recent past. The index is down about a per cent in the last one month against a nearly 3 per cent rise in the benchmark Nifty 50. However, over a longer timeframe, Nifty IT has showcased stronger performance compared to Nifty 50.
12.03 / 03:43
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Byju's vacates all offices except HQ to cut costs, shifts to remote work, says report
edtech unicorn's ongoing liquidity concerns, arising from a dispute with investors regarding funds raised in a recently concluded rights issue offering, it added. Also Read | Byju's was in need of an experienced guide, says former SBI Chief Rajnish Kumar As part of the restructuring plan led by Byju's India CEO Arjun Mohan, the company has directed all employees to work from home indefinitely, excluding those operating from around 300 of Byju's Tuition Centres.
12.03 / 03:43
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 12
Buy or sell stocks: After showing a narrow range movement on Thursday, the Indian stock market witnessed sharp profit booking and closed lower on Monday. After climbing to a new peak of 22,526 level, the Nifty 50 index lost 160 points and closed at the 22,332 level, the BSE Sensex dipped 616 points and ended at the 73,502 mark whereas the Bank Nifty index nosedived 507 points and finished at 47,327 level.
11.03 / 22:15
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Mother joins daughter at $28B firm
It’s not always about what you know, but rather who you know.
11.03 / 20:43
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Citi
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Traffic
Dwarka Expressway set to bring more money into Gurgaon realty market
Dwarka Expressway by Prime Minister Narendra Modi is expected to boost real estate prices in this part of Gurgaon, said real estate experts. Developers including Sobha, Raheja, Signature Global, M3M, Godrej and Hero Realty have projects along the corridor and some of them are planning to launch more projects as infrastructure development is expected to generate more demand. «With the expressway now complete, we are witnessing a promising downturn in unsold inventory levels in these sectors, from a significant 25-30% eight to 10 years ago to a mere 7-8% now,» said Anshuman Magazine, chairman, India, South-East Asia, Middle East & Africa, CBRE.
11.03 / 17:49
11.03 / 16:45
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travelers
Why Amtrak is attempting to revive the Texas Central bullet train
The U.S., despite decades of research and studies, remains without authentic high-speed rail options. Since 1987, investors have attempted to introduce bullet train service to Texas. In 2014, a group organized under the name Texas Central launched the most recent attempt to connect Dallas to Houston with a bullet train that travels more than 200 miles per hour, shortening a three and a half hour drive to a 90-minute train ride. «You cannot do that in a car,» said Andy Byford, senior vice president of high-speed rail programs at Amtrak.
11.03 / 15:25
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Small Savings Schemes interest rates for April-June quarter announced – Check the latest rates
There is bad news for those looking for a hike in the interest rates of small savings schemes for the coming quarter – April 1 to June 30, 2024 – as the government has announced that there will be no change in the interest rates of these schemes for this period.
11.03 / 15:25
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SM REITs regulations to give a boost to fractional investment, safeguard investor interests
In a bid to regulate the fractional ownership industry, the Securities and Exchange Board of India (Sebi) has issued regulations to amend the REIT Regulations 2014, establishing norms for creation of Small and Medium Real Estate Investment Trusts (SM REITs). The move is aimed at regulating and organizing the fractional ownership industry as well as protecting the interests of investors.
11.03 / 15:21
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Stacks (STX) Value Drops, Investors Move Towards Algotech (ALGT)
Recently, Stacks (STX) has experienced a noticeable decline in its value, prompting a wave of interest from investors seeking more promising alternatives. Among these alternatives, Algotech (ALGT) has emerged as a compelling option, drawing attention for its innovative solutions and potential for growth.
11.03 / 11:43
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Elon Musk's xAI to open-source AI rival ‘Grok’ amid lawsuit against OpenAI
@xAI will open source Grok," potentially providing the public with free access to the underlying code for experimentation. This strategic move aligns xAI with other companies like Meta and France's Mistral, both of which have embraced open-source AI models.
11.03 / 10:31
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Updates
Why withdrawal of money from your PF is fraught with challenges
Funding the purchase of your dream house is a tough ask, particularly if you are a salaried employee. For one, property prices seem to be on the rise always. Two, savings from mutual fund investments and bank fixed deposits alone may not be sufficient as there will always be expenses that are often unaccounted for.
11.03 / 10:31
markets
UPS
Provident
Strategy
Research
Experts
reports
Mukul Agrawal portfolio stock tanks 10% despite order win worth ₹450 crore. Time to buy?
Mukul Agrawal portfolio: Gensol Engineering shares are one of those stocks listed on Dalal Street that has been in the retracement zone for a long. After the strong sell-off in the Indian stock market today, Gensol Engineering share price today touched a 10 percent lower circuit when it made an intraday low of ₹911.45 apiece on NSE.
11.03 / 10:30
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IT sector outlook: Worst may not be over; Nirmal Bang sees earnings downside risk for FY25-26
Nirmal Bang Equities sees "further downside risk to earnings for the Indian IT services industry for both FY25 and FY26 as current revenue assumptions seem aggressive in the context of industry commentary, the timing of turnaround in growth, prospects of US interest rate trajectory and uncertainty around US economic policies consequent to the presidential elections." "We expect 4-7 per cent constant currency (CC) revenue growth guidance by both Infosys and HCL Tech. Even this may be at risk if the Fed funds rate is not cut materially or if enterprise customers freeze up due to US election uncertainty.
11.03 / 09:01
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Stocks to buy: ITC, Kotak Bank, Bharti Airtel among 10 stocks analysts believe may rise 9-13% in next 3-4 weeks
₹475 on January 4, 2024, ITC experienced a significant decline of approximately 75 points, which represents a decline of approximately 16 per cent. However, in the subsequent 18 trading sessions, the stock showed stability by avoiding further declines and instead consolidated within a range of ₹400-416. In the previous trading session, a notable buying interest was observed at lower levels, accompanied by substantial trading volume.
11.03 / 08:09
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Provident
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PUMP
How to deal with pump and dump schemes while investing in crypto?
Mudrex, discussed strategies for safeguarding investments and avoiding potential pitfalls. One common concern in the crypto space is the prevalence of pump-and-dump schemes, where the prices of newly listed tokens experience rapid fluctuations before ultimately crashing. Patel emphasizes the importance of due diligence, or «DYOR» (do your own research), a mantra frequently echoed in the community. However, he acknowledges that the challenge lies in knowing where to begin and what factors to consider when researching potential investments.
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