Experts Financial News

Page Industries Ltd. traded 0.26 per cent down at Rs 37250.15 at 02:00PM (IST) on Monday, even as BSE benchmark Sensex gained 64.75 points to 69890.35. The stock had closed at Rs 37347.85 in the previous session.

Bajaj Holdings & Investment Ltd. traded at Rs 7817.95 on BSE at 02:10PM (IST) on Monday, down 2.16 per cent from previous close. The scrip quoted a 52-week low price of Rs 5557.05 and a high of Rs 8365.95.

Tokyo, Dec 11, 2023 -The yen fell one percent against the dollar on Monday on declining expectations that the Bank of Japan may tighten its ultra-loose monetary policy next week. The Japanese currency firmed sharply last week after comments from BoJ officials were interpreted as suggesting that it could end its long-held negative interest rates policy.

The current GMP is around Rs 465, compared with an issue price of Rs 790. The shares have been in heavy demand in the unlisted market since the announcement of the IPO launch. DOMS IPO comprises a fresh equity issue worth Rs 350 crore with an offer for sale (OFS) of Rs 850 crore.

stock market exchanges about stake sale citing, "We wish to intimate that GRM Overseas Limited has sold more than 3 Percent stake in GRM Foodkraft Private Limited, a material subsidiary of the company to Sauce.vc (“Sauce"), a Consumer-Focused Venture Capital Fund." Also Read: Why Sensex surged over 2500 points in six straight sessions — explained Commenting on the investment Atul Garg, MD, GRM Overseas Ltd. said, “We are delighted to welcome Sauce.vc as a strategic investor.

Shohei Ohtani’s jaw-dropping $700 million, 10-year deal with the Los Angeles Dodgers has some similarities to other contracts for the world’s biggest sports stars, including soccer icons Lionel Messi and Cristiano Ronaldo, along with NFL quarterback Pa...

The future of fossil fuels that are warming the planet are at the core of negotiations at the United Nations climate summit in Dubai

“All I Want for Christmas is You,” has grown into a Christmas colossus

As countries at the COP28 climate talks are wrangling over deadlines for lowering their carbon dioxide emissions, a Danish-led group of countries has decided to set the ultimate goal: to remove more CO2 from the atmosphere than they emit

At UN climate talks, cameras are everywhere

This year’s global climate summit in Dubai set aside Sunday to spotlight food and agriculture, a sector that accounts for about a third of the world’s emission

European Union negotiators have clinched a deal on the world’s first comprehensive artificial intelligence rules

ONGC share price with gains of more than 2% was the largest gainer amongst Nifty stocks in morning trades on Monday. The stock is also trading close to its 52-week highs. The investor sentiments that earlier had taken some beating with decline in Brent crude prices however have rebounded will .

Stock market today: After ushering in December 2023, Indian stock market has been in continuous bull trend and key bechmark indices — Nifty 50, BSE Sensex and Bank Nifty have been continuously scaling new highs. In fact, Nifty 50 and Sensex today climed to a new peak touching 21,000 and 70,000 levels respectively. BSE Sensex has risen from 67,481 to 70,057 levels in last six straight sessions, logging over 2,500 points rally in this time.

Brian Wesbury, chief cconomist at First Trust Advisors L.P., joins ‘Varney & Co.’ to discuss President Biden’s ongoing praise for the jobs market as price concerns continue to grow. 

GPT-4 language model and human experts on massive multitask language understanding (MMLU) tasks. The much-anticipated trailer of Rockstar Games' open world title - Grand Theft Auto 6 - dropped this week, albeit a little bit ahead of schedule, bringing to light many of the new upgrades that were rumored till yet. GTA 6 will release on X Box series X/S and Playstation 5 in 2025 while there is no updates on a PC launch yet.

Indian stock market: During the week, the Nifty witnessed a spectacular rally following a swing high breakout on the daily chart. This suggests a rise in optimism among market participants. However, the Nifty consolidated in the later part of the week.

risk management. Renowned works such as “Fooled by Randomness", “The Black Swan", “Antifragile", and “Skin in the Game" have attained cult status, attracting investors and individuals keen on unravelling the intricacies of randomness and uncertainty. As of November 2023, the net worth of this prolific author, who has also served as a professor in numerous universities, is approximated to be around $2 million.

Red amaranth seems an unlikely political symbol. It is more purple than revolutionary red. Its tiny edible seeds are consumed during religious fasts, but it is mainly grown for its leaves which are cooked like spinach.

Adani of fraud. The jump came after the group, which strenuously denies the allegations, raised $1.4 billion for a renewables project and published an initial blueprint for refinancing a solar-energy unit’s $750 million dollar bond that matures in September. That was enough to also add a whopping $37.5 billion in market value to the group’s listed companies, while notes of the corporation’s electricity and power transmission businesses are now within striking distance of their price level before January’s report by Hindenburg Research.

ITC, with a market cap of $67 billion (Rs 5.6 lakh crore), surpassed British American Tobacco Plc (BAT) to become the third most valuable tobacco company in the world. London-based BAT, which sells cigarettes, tobacco, and other nicotine products, has seen a sell-off in its shares in the past week, rendering its market cap below ITC to $64 billion. The stock fell sharply after the company said it would take a hit of around $31.5 billion as it wrote down the value of some US cigarette brands, acknowledging that its traditional combustible market has no long-term future. The evolving stricter regulations and growing awareness of health risks have been squeezing tobacco companies' traditional business lately, driving declines in cigarette volumes in some markets. US-listed Philip Morris International and Altria Group currently occupy the top spots above ITC as the two most valuable tobacco companies in the world. The cigarette segment is the mainstay for ITC, which is also into hotels, FMCG, and paper products businesses. In the recent second quarter, cigarette revenues grew 10% on year to Rs 7,658 crore. The business made up over 46% of the total revenue of ITC.