Experts Financial News

Buy or sell stocks: Following strong global market sentiments, the Indian stock market ended higher for the fourth day in a row on Friday. The Nifty 50 index shot up 129 points and finished at 22,040 level, the BSE Sensex surged 376 points and closed at 72,426 mark while the Bank Nifty index ended 165 points up at 46,384 level. In the broad market, both small-cap and mid-cap indices outperformed the key benchmark indices even as the advance-decline ratio remained firm at 1.56:1.

Karnataka Budget 2024: The recent announcement made by the Karnataka government to raise excise duty on alcohol, particularly beer, has put the spotlight on brewery stocks in the upcoming week. According to stock market experts, liquor prices are already high in Karnataka and the current Karnataka Budget 2024 proposal may have an adversary impact on liquor sales in the state in the short term.

CNN. Currently, the weapon is still being developed and not yet in orbit, Biden administration officials have confirmed publicly. They warned that if deployed, it would cross a precarious boundary in the history of nuclear weapons and might have catastrophic, unpredictable effects on daily life.

Pakistan becomes the only Asian country to be downgraded to an «authoritarian regime», registering the greatest deterioration of any country in the region classified as "Australia and Asia", according to the Economist Intelligence Unit's (EIU) Democracy Index 2023 report. It has been reclassified from a "hybrid regime" to an «authoritarian regime», Geo News reported, citing the report.

Donald Trump lost his civil fraud trial Friday, as a judge found him liable for violating state laws and penalized him nearly $355 million plus interest. In total, Trump is expected to have to pay more than $450 million. The judge, Arthur Engoron, did not stop there. Along with other punishments, he barred the former president from leading any company in the state, including portions of Trump's family business, for three years. In doing so, he granted requests from the New York attorney general, who brought the case, accusing Trump of violating state laws by inflating his net worth in documents submitted to lenders.

Gold rate today: On account of the higher-than-expected US CPI data, gold price in the international market touched a two-month low of around $1,992 per ounce level. However, the yellow metal witnessed some value buying in the international market, which enabled the precious bullion metal to regain some of its lost ground in the last two weeks. However, this relief rally was not enough to pare the entire losses, and gold future contract on the multi Commodity Exchange (MCX) for April 2024 expiry ended lower for the second week in a row.

Experts warn of imminent disruption to business continuity unless addressed institutionally, attributing the risk to multifaceted business challenges.

Text-to-video generator Sora, unveiled by OpenAI on Thursday, has been variously described as “jaw-droppingly impressive” and a “remarkable technology leap” by users. A large language multimodal artificial intelligence (AI) tool, Sora can generate videos up to 60 seconds based on descriptive text prompts, and even capture the mood and lighting of the user’s imagination.

A New York judge has ordered Donald Trump and his companies to pay $355 million in penalties

January is usually a pretty quiet month for homebuying. Not so this year as sales have surged well ahead of the spring home hunting season.

Donald Trump and his real estate company suffered a major defeat in New York’s civil fraud suit over his inflated asset valuations, after a judge barred the former president from running any business in the state for three years and ordered the return of $364 million in illegal profits. 

MUMBAI : Overall inflows from foreign investors have hit a record high of ₹2.74 trillion this fiscal year, chiefly due to front-loading of government bond purchases by global banks and traders. This follows JP Morgan’s decision to include Indian government bonds in its government bond index-emerging markets (GBI-EM) from June.

Before the series began experts mocked England’s Bazball methods, saying that it would not work over a sustained period of time and that it could not work in subcontinental conditions. Less than halfway through the third Test, almost at the midway point in the series, Rohit Sharma packed the leg side field and asked Mohammad Siraj to bowl bouncer after bouncer to two set batsmen. Here was an Indian captain taking a leaf out of the Ben Stokes playbook. At the end of the second day of the Rajkot Test — where the highlight for India was R Ashwin picking up his 500th Test wicket — England controlled the game. India, from 33 for 3, recovered to 237 for 4 and just as they were on the ascendency again, lost quick wickets. This inconsistent, stopstart batting meant the home team ended with 445, having batted out 130.5 overs in very good batting conditions.

A US official has raised concerns about a provision in Senator Elizabeth Warren’s proposed bill on digital assets.

Elon Musk is looking to move the legal home of SpaceX to Texas from Delaware after a judge in that state voided the billionaire’s $55.8 billion Tesla pay package

The maker of ChatGPT on Thursday unveiled its next leap into generative artificial intelligence with a tool that instantly makes short videos in response to written commands

A Nebraska lawmaker is pushing a bill to forbid out-of-state hedge funds and other corporate entities from buying up single-family properties

Neuralink is already here. So are driverless cars,...

BSE Midcap index rose 0.78 per cent while the Smallcap index clocked a gain of 0.68 per cent. Also Read: Nifty 50 to Sensex: Why Indian stock market has been rising for last four days — explained with 5 crucial reasons The overall market capitalisation of the firms listed on the BSE rose to nearly ₹389.5 lakh crore from nearly ₹387.3 lakh crore in the previous session, making investors richer by about ₹2.2 lakh crore in a single session. All sectoral indices, except for Nifty Oil & Gas (down 0.61 per cent) and PSU Bank (down 0.36 per cent), closed higher.

Stock market today: Ok Play India shares are one of the multibagger stocks that the Indian stock market has delivered in the last one year. At this time, the small-cap stock with a market cap of ₹537 crore has risen from around ₹61 to ₹187.05 per share level, delivering over 200 percent returns to its long-term positional investors. However, it seems that the small-cap multibagger stock still possesses some upside potential.

Let’s look at what the insurance regulator has proposed and how it is going to impact you.