Experts Financial News

Stock in focus: Indian Railway Catering and Tourism Corporation or IRCTC share price will be under scruitiny of Indian stock market observers and investors during Friday deals as the Indian Railways' PSU stock is trading ex-dividend today. The board of directors of the company has declared ₹2.50 per share interim dividend for the financial year 2023-24. The dividend stock also fixed 17th November 2023 as record date for finalisation of eligible shareholders for interim dividend payment.

collapsed tunnel on the Char Dham route in Uttarakhand has entered sixth today on Friday. A heavy-duty drilling machine began the process of digging through the debris of the collapsed tunnel and rescuing the trapped workers. Officials said that a six-meter section of a steel pipe had been inserted into the bored passage.

Tata Technologies IPO: The initial public offering (IPO) of Tata Technologies Ltd is ready to hit Indian primary market on 22nd November 2023 and it will remain open for bidding till 24th November 2023. The Tata group company has already declared Tata Technologies IPO price band at ₹475 to ₹500 per equity share. Meanwhile, after announcement of Tata Technologies IPO date and price band, grey market has gone highly bullish on the public issue.

Gold prices rose slightly on Friday, on track for their first weekly gain in three, as investors grew confident that the U.S. Federal Reserve is done raising interest rates, sending the dollar and Treasury yields lower. FUNDAMENTALS * Spot gold was up 0.2% at $1,984.26 per ounce, as of 0059 GMT, after hitting its highest since Nov.

Oil prices were on track for the fourth straight week of decline as they remained little changed in early Asian trade after slipping about 5% to a four month-low on Thursday on worries over global demand. Brent futures were up 10 cents, or 0.1%, at $77.52 a barrel at 0232 GMT. U.S.

Federal Reserve is done raising rates leaving the greenback headed for a weekly loss. A slew of weaker-than-expected U.S. economic data released this week, led by a slowdown in inflation, has reinforced market expectations that the Fed has reached the end of its aggressive monetary tightening cycle, with focus now on when the first rate cuts could begin. Market pricing shows just a 0.3% chance of another rate hike in December, as compared to a roughly 15% chance a week ago, with a 35% chance that the U.S.

The Nifty 50 moved past the 19700-mark and ended at 19765.20 points and the Sensex settled at 65982.48 points. Among the major movers in the market were index major Tata Consultancy Services, PB Fintech, and Kalyan Jewellers India. PB Fintech shares hit a one-month high intraday and ended more than 2% higher in trade.

insurance is shared by both governments, farm-loan waivers are mostly absorbed by states. If the governance of APMC markets is influenced by states, the responsibility of the Pradhan Mantri Garib Kalyan Anna Yojana lies with the Centre. This scheme may consider the distribution of millets and pulses as well, which would have implications for food stocks.

Day trading guide for today: Following global market cues, Indian stock market continue to trade higher on Thursday. However, profit booking was witnessed on higher levels ahead of the closing bell. Nifty 50 index ended 89 points higher at 19,765 levels, BSE Sensex finished 306 points up at 65,982 mark.

Sensex surged by 306.55 points to close at 65,982.48, while the Nifty 50 ended 89.75 points, or 0.46%, higher at 19,765.20 on November 16, the weekly expiry day. Nifty 50 formed a long positive candle on the daily chart with a long upper shadow. Also Read: 6 things that changed for the stock market overnight - Gift Nifty, US jobless claims to drop in crude oil prices “Technically, this pattern indicates an emergence of selling pressure from the crucial hurdle of 19,850 levels.

Dividend stocks 2023: Shares of Man Infraconstruction Ltd, Archean Chemical Industries Ltd, Axita Cotton Ltd, Bhagiradha Chemicals & Industries Ltd, Computer Age Management Services Ltd, Gabriel India Ltd, IFL Enterprises Ltd, Indian Railway Catering and Tourism Corporation (IRCTC) Ltd, Jamna Auto Industries Ltd, K.P. Energy Ltd, Metropolis Healthcare Ltd, MRF Ltd, Info Edge (India) Ltd, NILE Ltd, Page Industries Ltd, Panama Petrochem Ltd, Procter & Gamble Hygiene & Health Care Ltd, Polyplex Corporation Ltd, Precision Wires India Ltd, Ram Ratna Wires Ltd, R R Kabel Ltd, Shradha AI Technologies Ltd, Stylam Industries Limited, Tata Steel Long Products Ltd, United Spirits Ltd, Vidhi Specialty Food Ingredients Ltd, and Yug Decor Ltd will be in focus when stock market opens today.

NEW DELHI : Retailers across the board may suffer after the Reserve Bank of India barred the largest consumer goods financier Bajaj Finance from disbursing loans under two products. On Wednesday, RBI barred Bajaj Finance from lending under its two products—eCom and Insta EMI Card—citing non-compliance with digital lending guidelines. Several retailers that Mint spoke with said this move will significantly impact retailers—both online and offline.

NEW DELHI : Over the past few weeks, cinemas have been flooded with small-budget films that come with minimal marketing or audience anticipation, resulting in negligible box office returns. Titles such as Aankh Micholi, UT 69, Shastry Viruddh Shastry and Three of Us have made their way to theatres with audiences largely uninformed about their release.

MUMBAI : After several months spent trying to sensitize lenders against the ongoing credit binge, the Reserve Bank of India (RBI) on Thursday raised risk weights on consumption loans, credit card exposures and loans to non-bank financiers by 25 percentage points each, hoping higher consumption of capital will slow such rapid growth. Bankers and financial sector experts said this would mean borrowers of such loans would have to shell out more as lenders try to compensate for the increase in capital requirement.

One of the thorniest problems of the 21st century is how to get people to eat less meat

For generations, beef has been the most quintessential of American main courses, and a premium protein around the world

More than 150 startups around the globe are chasing the same ambitious goal: meat conjured from animal cells that doesn’t require raising and killing animals

Saving the remaining Amazon rainforest in Brazil will require ensuring that the 28 million people who live there can sustainably make a living

Pancake Pantry owner Chip Bradley and restaurant patrons speak to FOX Business' Madison Alworth about still feeling the brunt of decades-high inflation.

Obesity rates in the U.S. have been rising steadily for well over a decade and some of the world’s biggest drug developers are tapping into the growing treatment market

Hero MotoCorp was largest gainer amongst Nifty stock on Thursday, Hero MotoCorp share prices ended the day with gains of 3.34% on the NSE. The record festive sales logged by the company propped up the investor sentiments. In its press release Hero MotoCorp said that it recorded its highest-ever festive sales, clocking more than 14 lakh (1.4 million) units in retail sales during the 32-day festive period - between the first day of the Navratras and Bhai Dooj – this year.