Experts Financial News

21.10 / 07:55

IPO Provident President Experts gossips reports recommendations Gold price rallies on Israel-Hamas war, weak US dollar, US Fed rate pause buzz

Gold rate today: On account of rising tension in the Middle East region on Israel-Hamas war, US Fed's hint for a possible rate pause in upcoming US Fed meeting in November 2023 and slide in US dollar aided gold price to continue its rally and climb to around four month high on Multi Commodity Exchange (MCX). MCX gold rate logged weekly gain of 2.15 per cent and ended at ₹60,725 per 10 gm levels.

21.10 / 06:17

Target Digital Remark NIFTY Experts cover Kotak Mahindra Bank among 3 buy-sell ideas from Rupak De

momentum indicator RSI displaying positive divergence, Kotak Mahindra Bank stock may be poised for a bullish move. «The stock has a visible support level at 1700, which is acting as a cushion for the bulls. This support level is crucial for maintaining the bullish sentiment. Given the strong buying, positive RSI divergence, and the support at Rs 1740, the stock has the potential to reach upside targets of Rs 1820 and Rs 1860,» said Rupak De, senior technical analyst at LKP Securities. Edited excerpts: The earnings season seems to be having a negative impact on both banks and IT stocks. In this situation, do you think Nifty may break below the support around 19,500-level?

21.10 / 06:11

Target economy TCS WhatsApp Experts country reports Q2 results review: Major players report soft earnings; what's the road ahead for IT sector?

Wipro have reported subdued earnings for the July-September quarter (Q2) due to the impact of ongoing macroeconomic uncertainties, which have resulted in reduced discretionary spending in critical markets. The near-future prospects also seem unfavourable, as the US Federal Reserve is committed to reducing inflation to its 2 per cent target. To achieve this, the central bank is expected to maintain high-interest rates for an extended duration and may even implement further rate hikes, which could place additional pressure on the economy.

21.10 / 06:11

Target Action Align NIFTY Experts recommendations week Buy or sell: Sumeet Bagadia recommends three stocks to buy next week

Buy or sell stocks: Following sell off in global markets, Dalal Street fell for third straight session on Friday. Nifty 50 index fell 82 points and closed at 19,542 levels, 30-stock index BSE Sensex corrected 231 points and ended at 65,397 mark whereas Bank Nifty index finished 31 points lower at 43,723 levels. In broad market, mid-cap index crashed over one per cent while small-cap index went down 0.76 per cent on last session of the week gone by.

21.10 / 05:47

Waves Strategy economy Experts show track recommendations market trends etmarkets Learn With ETMarkets: Track commodity market trends with 2 powerful technical analysis tools

trading for several reasons, but it's important to note that whether it is better for trading depends on your individual financial goals, risk tolerance, and trading strategies. The commodity market is popular because of its simplicity, and this market has the benefits of diversification, hedging, inflation hedges, liquidity, seasonal patterns, and the physical use of everyone, making it simple to understand. But when we talk about trading in the commodity market, it becomes a bit difficult because trading is required to identify the price direction or trend identification of the market.

21.10 / 02:09

Lowe's Target Compilation NIFTY Experts Brokers retain ITC price targets after Q2 results

price targets on ITC after the company announced its second quarter results. Analysts said the scope for sharp upsides from current levels is limited citing the recent runup in the share price and slowing earnings growth. ITC shares fell 2.75% to close at Rs 438 on Friday. The average price target on ITC of all analysts compiled by Bloomberg following the second quarter results is at Rs 509.33, implying an upside of almost 16% over Friday's closing. «The recent stock run-up and limited earnings surprise scope given higher base limit further rerating potential,» said HDFC Securities in a note. ITC shares have gained nearly 32% so far in 2023 as against a 13% advance in the Nifty Consumption Index. Jefferies

21.10 / 02:09

Booking CEO President Experts country social travelers Go Goa, Gone: Charter tourism fails to take flight

Inbound charter flights, which ferry hundreds of foreign travellers to the sunny beaches on India's western shores of Goa every winter, continue to stare at cloudy skies. The prolonged geopolitical turmoil in Russia and Ukraine, the economic chill in several parts of Europe and an escalating West Asia conflict are mainly to blame.

21.10 / 02:09

UPS FIVE Booking Experts Poonawalla Fincorp net profit jumps 5 times to Rs 860 crore

Poonawalla Fincorp's consolidated net profit rose five times to Rs 860 crore in the quarter ended September 2023 from Rs 163 crore a year ago, helped by gains from the company's sale of its housing finance business and a record loan disbursement during the quarter. Profits were helped by a gain of Rs 2,309 crore due to the sale of Poonawalla Housing Finance to TPG Global LLC, which was approved by the Reserve Bank of India in May. Excluding this exceptional item, the company still made a record quarterly net profit of Rs 230 crore, up 77% year on year. During the quarter the company more than doubled its disbursement to Rs 7,807 crore.

21.10 / 01:03

Facebook WhatsApp Instagram Experts social stars Sri Lanka vs Netherlands, ICC World Cup 2023 match today: When, where and how to watch; live-streaming details

Netherlands Probable XI: Vikramjit Singh, Max O’Dowd, Colin Ackermann, Bas de Leede, Sybrand Engelbrecht, Teja Nidamanuru, Scott Edwards (c and wk), Logan van Beek, Roelof van der Merwe, Aryan Dutt, Paul van Meekeren Sri Lanka Probable XI: Pathum Nissanka, Kusal Perera, Kusal Mendis (c and wk), Sadeera Samarawickrama, Charith Asalanka, Dhananjaya de Silva, Dunith Wellalage, Chamika Karunaratne, Maheesh Theekshana, Lahiru Kumara, Dilshan Madushanka No chance of rain and the temperature is predicted to be 31 degrees with 82% humidity, as Weather.com. As per experts, the pitch at the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium will most probably benefit the bowlers.

20.10 / 18:41

UPS CEO Nov Experts Bitcoin Customer Why FTX's Plan To Refund 90% of Recovered Assets Doesn't Add Up To 90% of Customer Losses

Failed crypto exchange FTX has announced an updated plan for sending 90% of distributable funds—money it has recovered—to former customers in its bankruptcy proceedings, but that doesn't necessarily mean they will get back 90% of the money they lost.FTX is expected to file the proposal in a U.S. bankruptcy court by Dec. 16.

20.10 / 17:37

FIVE Experts dance Humility & humanity

Duryodhan in Hindu epics serve as stark examples, embodying the demonic dimensions of an inflated self. The Crucifixion of Christ stands as a poignant symbol, depicting the crucifixion of human ego. By sacrificing the ego, we embrace unity with all beings, and break free from the fetters of self, thus attaining liberation. In 'Kshetra-Kshetragya Vibhag Yog', of the Bhagwad Gita, Krishn establishes 'humility and the absence of ego' as the bedrock upon which spiritual evolution must be built.

20.10 / 17:17

Citi Provident Experts show cover reports guidelines Mumbai Mumbai reeling under bad air; BMC to take stringent measures

BMC) has warned that it would stop construction anywhere, may it be a private site or a government project, if dust and pollution control measures are not being taken, reported PTI. Construction is going on at a whopping 6,000 sites in the city currently, an official release quoted municipal commissioner Iqbal Singh Chahal as saying. The Air Quality Index (AQI) in the city was above 200 (poor) at several places in the city during the day, the Central Pollution Control Board data showed.

20.10 / 17:15

Target economy WhatsApp Experts FIIs invest ₹456 crore in Indian stocks, DIIs infuse ₹8 crore even as US bond yields rise to 16-year high

₹8 crore in Indian stocks today. As per the NSE data, FIIs cumulatively bought ₹13,645.57 crore of Indian equities, while they sold ₹13,189.36 crore --- resulting in an inflow of ₹456.21 crore on Friday.

20.10 / 16:57

Action Southern film Experts show reports shock Weekend Leo box office collection: Thalapathy Vijay's movie witnesses drop on Day 2, may pick pace during weekend

₹148.5 crore on its opening day (Thursday), out of which it earned approximately ₹64.80 crore in India only. Despite the aura of Thalapathy Vijay, the film reportedly witnessed a significant fall in its collection and collected ₹36 crore in India on Friday, as per industry tracker Sacnilk. However, the Tamil occupancy of the film is at 66.85 percent.

20.10 / 16:29

COST UPS Booking Experts performer L&T Finance Q2 Results: Net profit jumps 46% YoY to Rs 595 crore

Its retail portfolio mix now stands at 88 per cent of the total loan book, even as it continued to reduce the wholesale book by a steep 76 per cent on-year or by Rs 28,740 crore. Its asset quality improved with gross Non Performing Assets (NPAs) falling to 3 per cent from 3.82 per cent and net NPAs to 1 per cent from 1.14 per cent, L&T Finance Holdings managing director and chief executive Dinanath Dubhashi said.

20.10 / 16:29

UPS CEO President Experts performer JSW Energy Q2 Results: Net profit rises 82% YoY to Rs 850 crore

JSW Energy on Friday posted an 82 per cent rise in its consolidated net profit to Rs 850 crore for the September quarter on the back of higher revenues. «Profit After Tax (PAT, or consolidated net profit) was Rs 466 crore in the corresponding period of previous year,» a company statement said.

20.10 / 14:37

Provident FIVE Experts show cover social 1.69 million formal jobs created under EPFO in August

subscribers added to EPFO in July this year, shows the provisional payroll data released on Friday. Of the 1.69 million workers added to EPFO in August, 58.3% of the net new workers or 0.92 million were new joinees in the 18-25 years age bracket. “This indicates that most of the first-time job seekers are youth joining the organised sector workforce in large numbers.,” the ministry of labour and employment said. Further, around 1.18 million members exited but rejoined EPFO, an increase of 10.2% when compared to last year.

20.10 / 14:37

awards Duke Monarch Experts information King Charles still upset over Prince Harry's memoir

Charles remains visibly upset with his estranged son, Prince Harry, nearly ten months after the release of Harry's revealing memoir, which laid bare personal struggles and royal dynamics. According to a royal expert, the Duke of Sussex's decision to share his experiences in the public eye continues to fuel tensions within the royal family. Royal biographer and expert Tom Quinn reveals that the sentiment towards Prince Harry in the palace remains unchanged since his memoir's revelations.

20.10 / 13:27

Provident Action Strategy President Experts Fulton 2020 Jury selection will begin in the first trial in the Georgia election case against Trump and others

Trump and others of illegally scheming to overturn the 2020 election in the state. Lawyer Kenneth Chesebro was indicted just over two months ago along with Trump and 17 others.

20.10 / 13:27

NIFTY WhatsApp President Experts show cover week Tech View: Move above 19,650 could trigger short covering. What traders should do next week

Nifty on Friday ended 82 points lower to form a Doji candle on the daily chart and a long bear candle with an upper shadow on the weekly timeframe. The short-term trend of the Nifty remains negative. A slide below the immediate support of 19,480 could drag Nifty towards another important support of 19,350 levels in the near term.

20.10 / 13:27

Manufacturing Experts reports Laurus Labs Q2 Results: Net profit nosedives 84% YoY to Rs 37 crore

Laurus Labs on Friday reported 84% year-on-year (YoY) drop in net profit at Rs 37 crore in the second quarter ended September. The drugmaker reported a net profit of Rs 232 crore in the corresponding quarter of the previous year. Revenue declined 22.3% YoY to Rs 1,224 crore in Q2FY24. The company's earnings before interest, taxes, depreciation and amortization (EBITDA) dropped 58% YoY to Rs 188 crore, from Rs 448.9 crore in the year-ago period. The EBITDA margin was at 15.3% in Q2FY24 against 28.5% in the year-ago period.

Experts Financial News

popular questions about Experts

What is Experts and why is it important?

Where can I find the latest updates on Experts?

How can I verify the accuracy of information on Experts?