Experts Financial News
29.11 / 06:25
Enterprise
Experts
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index traded 118.3 points up at 20008.0, while BSE Sensex was up 391.05 points at 66565.25 as of 11:25AM(IST)on November 29. In the Nifty index, Hero MotoCorp Ltd.(up 2.93 per cent), Mahindra & Mahindra Ltd.(up 2.38 per cent), Tech Mahindra Ltd.(up 2.24 per cent), Wipro Ltd.(up 2.05 per cent) and Bharat Petroleum Corporation Ltd.(up 1.72 per cent) were among the top gainers.
29.11 / 06:25
Provident
Assurant
Software
Enterprise
Interface
Death
Experts
Employees Deposit Linked Insurance Scheme: Calculation of assurance benefit under EDLI Scheme
The Employees' Provident Fund Organisation has observed various cases in which beneficiaries get relatively little money in the settlement of Employees Deposit Linked Insurance Scheme (EDLI) claims of deceased members. “It is mandated that specifically in EDLI cases where the amount payable to the beneficiary of a deceased member is less than the Rs 2.5 lakh minimum assurance benefit, it be ensured from MIS that the service rendered by the members under different MIDs, if any, have been transferred and taken into account for the computation of the payable benefit,” stated an EPFO circular issued on November 25, 2023.
29.11 / 05:39
IPO
Booking
WhatsApp
Experts
band
share price
IREDA share price makes stellar debut, stock lists at 56.25% premium at ₹50 on NSE
₹50 per share, 56.25% higher than the issue price of ₹32. Indian Renewable Energy Development Agency IPO (IREDA IPO) opened for subscription on Tuesday, November 21, and closed on Thursday, November 23. IREDA IPO price band was fixed in the range of ₹30 to ₹32 per equity share of face value of ₹10.
29.11 / 05:39
WhatsApp
Experts
recommendations
Rupee rises 5 paise to 83.28 against US dollar in early trade
US Federal Reserve could start cutting rates by the first half of next year. Additionally, dovish statements from Fed officials and a mixed batch of economic data from the US will weigh on the dollar," ICICI Direct said in a note.
29.11 / 05:39
Cooper
Enterprise
WhatsApp
Healthcare
Experts
hospital
recommendations
share price
week
Aster DM Healthcare share price jumps over 14% to a fresh 52-week high on sale of Gulf business
Aster DM Healthcare share price rallied over 14% to hit a fresh 52-week high on Wednesday after the company approved to sell its GCC (Gulf Cooperation Council) business for over $1 billion. Aster DM shares jumped as much as 14.83% to a new high of ₹382.00 apiece on the BSE. Hospital chain Aster DM Healthcare on Tuesday announced to separate its Gulf business and sell it to its Indian promoters (Moopen family) and a Dubai consortium for $1.001 billion.
29.11 / 05:39
economy
Remark
Yellow
Experts
consequences
recommendations
index
Low
Gold price touches new peak as US dollar index hits three month low. Should you buy in this rally?
₹62,602 per 10 gm levels, which is its new peak on the commodity exchange. However, profit taking soon triggered and the yellow metal price touched intraday low of ₹62,431 per 10 gm levels within few minutes of commodity market's opening bell on Wednesday. In international market, spot gold price is oscillating around $2,047 per ounce levels.
29.11 / 05:39
Target
Waters
Experts
performer
reports
recommendations
Polycab , V-Guard, PNC Infratech among top nine conviction picks of Centrum Institutional Broking
RBL Bank Ltd, AIA Engineering Ltd Aarti Industries Ltd, Jubilant Foodworks Ltd, Kalyan Jewelers India Ltd, Polycab India Ltd, V-Guard Industries Ltd, PNC Infratech India Ltd, Home First Finance Company India Ltd. RBL Bank Ltd remains amongst the pick of Centrum in the Banking and Financial Services space.
29.11 / 04:29
Experts
information
recommendations
Servotech Power Systems changes preferential issue price to ₹83.40 per share
Servotech Power Systems preferential issue 2023: The board of directors of Servotech Power Systems Ltd has revised issue price from ₹82 per equity share to ₹83.40m per share. The company board revised preferential issue price in its board meeting held on Tuesday.
29.11 / 04:19
Provident
Booking
Nov
Experts
Long-term capital gains: Can you save taxes by buying multiple properties?
I bought residential property A in 2012 and another B in 2013 for ₹62 Lakh and ₹75 lakh respectively. On Nov 2022 I gifted property A to my father and property B to my mother through a registered gift deed. Now I want to sell both properties and I wish to put my Indexed cost as FDs in the bank and invest the taxable capital gains in small flats to save taxes. The sale price of flat A is ₹1 crore and for flat B is ₹2 crore. Can I buy multiple properties and save taxes on long-term capital gains? Since your parents are owners of the respective properties now, the investment has to be made in their name.
29.11 / 04:19
Provident
Target
Action
Gap
Experts
classical
recommendations
Day trading guide for stock market today: Six stocks to buy or sell on Wednesday — 29th November
Day trading guide for today: After trading choppy during morning deals, Indian stock market witnessed sharp upside in later half and ended higher on Tuesday. Nifty 50 index gained 95 points and ended at 19,889 levels, BSE Sensex surged 204 points and closed at 66,174 mark whereas Bank Nifty index finished 111 points higher at 43,880 levels. In broad market, both small-cap and mid-cap indices finished positive but not more than Nifty 50 index.
29.11 / 04:19
Enterprise
Experts
Celebrity
country
rock
Uttarkashi tunnel rescue: ‘Indian jugaad wins over machines,’ Netizens hail rat-hole miners
Uttarkashi tunnel rescue LIVE The rat-hole miner added that he will never forget the respect they (trapped workers) gave to him. "I removed the last rock. I could see them.
29.11 / 03:59
Booking
Experts
show
performer
What is the difference between NAV and stock price?
net asset value (NAV) at the end of each working day. This is displayed on the fund house’s website, AMFI website and investment websites or apps. We take a look at its significance in a mutual fund scheme.
29.11 / 03:21
Nov
Experts
show
performer
voice
fed rate cut
Rate Cut
rate cut bets
Gold advances as dollar, yields weaken on Fed rate cut bets
Gold prices touched a nearly seven-month high on Wednesday propelled by an extended decline in the U.S. dollar and bond yields as markets grew confident that the Federal Reserve would likely cut rates by the first half of next year. FUNDAMENTALS * Spot gold rose 0.3% to $2,047.21 per ounce by 0236 GMT. * U.S.
29.11 / 03:05
Experts
Inside
evacuation
Updates
Uttarkashi tunnel rescue LIVE updates: PM speaks to rescued workers over phone; Rat-hole miners hailed as hero
Catch the latest updates on the Uttarkashi tunnel rescue work hereMahindra & Mahindra Chairman Anand Mahindra praised the 'rathole miners' who could save the 41 trapped labourers inside Uttarkashi's Silkyara tunnel. Mahindra wrote, "And after all the sophisticated drilling equipment, it’s the humble ‘rathole miners’ who make the vital breakthrough! It’s a heartwarming reminder that at the end of the day, heroism is most often a case of individual effort & sacrifice".Uttarakhand Chief Minister Pushkar Singh Dhami said none of the 41 labourers rescued from an under-construction road tunnel in Uttarkashi district was in a critical condition."All of them were healthy.
29.11 / 03:05
Target
Action
WhatsApp
Experts
cover
recommendations
Nifty 50, Sensex today: What to expect from stock market indices in trade on November 29
global market cues. The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 20,031 level as compared to the Nifty futures’ previous close of 19,953.
29.11 / 03:05
Reuters
CEO
Experts
information
reports
Microsoft unlikely to get a seat on OpenAI board, experts say Satya Nadella's company won't ‘sit passively’
ChatGPT maker OpenAI is unlikely to offer a board seat to Microsoft and other investors in the company, including Thrive Capital, Sequoia Capital and Khosla Ventures, many of whom played a pivotal role in forcing the artificial intelligence startup to reconsider its decision to fire Sam Altman as CEO. The six-day fiasco at OpenAI saw the company sack its most public face, and perhaps that of the AI industry, before reversing its decision and rehiring the 38-year-old to lead the company.
29.11 / 03:05
Target
President
Experts
recommendations
Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 29
Buy or sell stocks for today: After trading choppy during morning deals, Indian stock market witnessed sharp upside in later half and ended higher on Tuesday. Nifty 50 index gained 95 points and ended at 19,889 levels, BSE Sensex surged 204 points and closed at 66,174 mark whereas Bank Nifty index finished 111 points higher at 43,880 levels. Broad market indices rose less than the Nifty even as the advance decline ratio remained firm at 1.12:1.
29.11 / 02:49
Waters
Google
CEO
Experts
electronic
rock
2020
New Google geothermal electricity project could be a milestone for clean energy
Google announced Tuesday that an advanced geothermal project has begun pumping carbon-free electricity onto the Nevada electric grid to feed Google data centers there
29.11 / 02:49
29.11 / 02:49
Dash
Nov
Experts
Divinity
country
rock
Why it took 17 days for rescuers in India to get to 41 workers trapped in a mountain tunnel
Indian rescuers faced repeated and unexpected setbacks during the 17 days they dug through a mountain in the country's north to reach 41 construction workers trapped after a tunnel collapsed there earlier this month
29.11 / 02:40
Forbes
Experts
reports
stake
Mark Cuban selling majority stake of Mavs to Miriam Adelson
Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson, the widow of casino magnate Sheldon Adelson, several media reports said Tuesday. Cuban would keep shares in the team and maintain control of the Mavs' basketball operations, reports said. The NBA Board of Governors must approve the transaction. Bloomberg News and Sportico reported that Miriam Adelson was selling $2 billion of stock in Las Vegas Sands Corp.
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