Experts Financial News

One 97 Communications shares plunge 55 percent (From Jan 31 till date) on NSE and BSE. Moreover, following the announcement, major players like Jefferies and Macquarie also downgraded the stock rating. In a recent note, brokerage house Fisdom Research highlighted that before the recent decline since January 31, the MF industry’s shareholding in Paytm increased by 41 percent in January 2024 from December 2023.

SGB Series 2023-24 Series IV opened for subscription on February 12, 2024, and closed for subscriptions on February 16, 2024. If you applied for the latest SGB tranche this month, you must be eager to know the allotment status. There are a few easy ways to check this.

Mphasis Ltd, part of the IT industry, has rallied by about 20% in the last 3 months to hit a fresh 52-week high in February 2024 and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock for a target above Rs 3000 in the next 2-3 months, suggest experts.

Raisina Dialogue will witness the participation of Ministers, former Heads of State and Heads of Government, Military Commanders, Captains of Industry, Technology Leaders, Academics, Journalists, Scholars on Strategic Affairs, Experts from leading Think Tanks, and youth from more than 100 nations. Over the course of three days, decision makers and thought leaders from around the world will engage each other across conversations in various formats, the MEA said in a statement.

The Nifty future closed positive with gains of 0.27% at 22231 levels on Tuesday. India VIX moved up by 0.31% from 16.02 to 16.07 levels.

MUMBAI , BENGALURU : Investors, gaming firms and filmmakers remain largely bullish on the prospect of OpenAI’s Sora, a text-to-video generative artificial intelligence model and tool. However, nearly a week since its introduction, legal experts believe commercial firms will remain wary of using AI video generator tools in official marketing campaigns in fear of infringing on copyrights and intellectual property protections.

Buy or sell stocks for today: Domestic market benchmark Nifty 50 crossed the coveted 22,000 mark for the first time, hitting its fresh record high of 22,215.60, in intraday trade in the previous session, with shares of HDFC Bank, Axis Bank and Power Grid among the top contributors. The domestic market witnessed significant volatility on Tuesday, with the Nifty 50 index swinging 170 points during the session. The Nifty 50 finally closed 75 points, or 0.34 per cent, higher at 22,196.95.

CNBC TV-18. “The kind of people we hire may also change, but we don’t expect to reduce our hiring," he added. The TCS CEO said that Generative AI is increasing the productivity in the programming experts.

Crypto experts are accumulating an exciting new green crypto called eTukTuk ahead of 2025, a year when the crypto bull market is really expected to explode.

What to expect from the programme

Penny stock below ₹5: Shares of Standard Capital Markets Ltd are one of the Non-Banking Company (NBFC) stocks of the Indian stock market that are priced below ₹10. This penny stock is priced below ₹5 but it has been touching the upper circuit regularly.

PNC Infratech, HG Infra Engineering Ltd, Ahluwalia Contracts. During the December quarter , road infrastructure companies continued to benefit from strong order book led by government spending. However the festive season, state elections and pollution control measure in the Delhi National capital region (NCR) etc were some dampeners when it came to execution.

Indian Navy’s largest-ever multilateral naval exercise, Milan 2024, has commenced in Vizag with an impressive lineup of warships from Indian and foreign navies participating in the Harbour Phase. Harbour Phase Highlights From February 19 to 23, the Harbour Phase includes an international city parade on RK Beach, a maritime seminar, a tech expo, Milan village, subject matter expert exchange, Milan of young officers, and various sporting events.

Samsung Semiconductor India Research has inaugurated its 'Samsung Innovation Campus' programme at the Visvesvaraya Technological University to upskill youth in future tech domains such as Artificial Intelligence (AI) and Internet of Things (IoT) and make them job-ready. Under the programme, Samsung Semiconductor India Research (SSIR) will train 1,100 undergraduate engineering students across Karnataka. Announcing that SSIR has launched the 'Samsung Innovation Campus' programme at Visvesvaraya Technological University (VTU), a release said the initiative underlines Samsung's commitment towards the government's Skill India initiative as part of the company's vision of powering digital India.

Mukul Agrawal portfolio: Gensol Engineering share price has been on an uptrend since the early morning session. Gensol Engineering share price today had a gap up opening at ₹1290 apiece on NSE. After an upside opening, the engineering stock went on to touch an intraday high of ₹1,376 apiece, which tuned out its new 52-week high.

Waaree Renewable Technologies, the solar EPC arm of Waaree Group, saw its shares surge by 5% to ₹4,650 each in today's intraday trading. This increase followed the company securing a significant Letter of Award (LOA) for executing engineering, procurement, and construction (EPC) duties for a solar power plant of 980 MWp. The contract, valued at ₹990.60 crore, was granted by one of India’s leading renewable energy firms.

what should be your trading strategy in this record-high environment? How should your portfolio look like? Here's what experts said: Tanvi Kanchan, Head – UAE Business & Strategy, Anand Rathi Shares and Stock Brokers For investors looking at the long-term perspective, short-term volatility can be used to increase exposure in sectors that are lower than long-term averages, as well as increasing large-cap exposure in the portfolio. An allocation between equity and debt as per tenor and risk profile can be maintained in the range of 60% - 70% in equity and balance in debt for an aggressive investor. Investors would do well to keep rebalancing their asset allocation and equity portfolio to realise profits from the equity portion (if it has overshot the allocated percent).

₹1,059.40 on January 23 this year and saw mild profit booking after that. On Tuesday, February 20, the stock rose about a per cent to hit its intraday high of ₹1,052.65; at this price, the stock is down about 0.6 per cent from its 52-week high level. ICICI Bank reported a 23.5 jump in their standalone net profit for Q3FY24, which stood at ₹10,272 crore from ₹8,312 during the same quarter last year.

Apollo Micro Systems Ltd are one of the multibagger stocks that the Indian stock market has delivered in recent years. However, it seems that foreign institutional investors (FIIs) still see some upside in this defence share. As per the shareholding pattern of Apollo Micro Systems Ltd for the recently ended December 2023 quarter, FIIs are owning 11.01 percent stake in this multibagger defence stock.

Stock market today: Vibhor Steel Tubes IPO listed on BSE and NSE delivering over 180 percent premium. Shares of Vibhor Steel Tubes Limited are listed on BSE at ₹421 apiece whereas on NSE, Vibhor Steel Tubes share price opened at ₹425 apiece. However, the dream debut of Vibhor Steel Tubes shares didn't end there.