Experts Financial News

Bitcoin, the undisputed king of the cryptocurrency market, is once again at an inflection point. As the pioneer digital asset fast approaches the $29,000 level, traders and investors alike are keeping a keen eye on critical price levels and market indicators to gauge the next possible move.

Currently, satcom through mobile devices is primarily used for coverage in emergency situations and is limited to messages. But in a couple of years, people will be able to get calls and broadband, too.

₹11,593.08 crore and bought stocks for ₹9,761.24 crore, resulting in an outflow of ₹1,831.84 crore, according to NSE data. Domestic institutional investors (DIIs) bought equities worth ₹8,166.53 crore and offloaded shares worth ₹6,697.03 crore, resulting in an inflow of ₹1,469.50 crore, the exchange data showed. The 30-share BSE Sensex plunged 551.07 points, or 0.83%, to end at 65,877.02.

Fund II. The total corpus planned under the fund is Rs 1,500 crore with a greenshoe option of Rs 500 crore.

Morgan Stanley's profit fell about 9% in the third quarter, dragged down by lethargic dealmaking that sent the lender's shares down nearly 3% in premarket trading. Profit for the three months ended Sept. 30 was $2.4 billion, or $1.38 per diluted share, the bank reported on Wednesday.

IIFL Finance on Wednesday reported a 32 per cent on-year growth in net income at Rs 526 crore for the quarter ended September 30, driven by higher interest income. Total income grew 33 per cent to Rs 1,599.3 crore, the company said, adding its asset quality improved with gross Non-Performing Assets (NPAs) falling to 1.8 per cent from 2.4 per cent and net NPAs improving to 1 per cent from 1.2 per cent.

gold loan from IIFL Finance is now more about convenience than mere lending funds to needy customers. What makes IIFL a leading choice among people seeking funds against their gold as mortgage is their strict ‘no hidden charge’ policy and the maximum loan value they provide against gold. Whether it's the processing fee (starting from INR 0), the interest rate (starting from 0.99% onwards), or the lightning-fast loan approval procedure, IIFL has secured to gain people’s trust in every way possible.

The American India Foundation, catalyzing social and economic change in India for the past 22 years, organized the annual education knowledge event - ‘PRAशिक्षा’ - Learning Beyond Boundaries’ at Silver Oak, India Habitat Centre, New Delhi this week. PRAशिक्षा demonstrated the power of collaboration in facilitating continued access to quality education for children affected by distressed migration, while addressing issues of governance and systemic transformation. Helmed by AIF’s award-winning flagship education initiative – The Learning and Migration Program (LAMP), ‘PRAशिक्षा’ brought together 120 sectoral experts, government officials, policymakers, and academicians, to cogitate pathways that create better access to education for children in displacement-prone regions of the country, especially those affected by climate-induced displacement, children with disabilities, and those living in red-light areas. The eminent speakers and delegates consisted of Mr. Shashi Prakash Jha-IAS & Director, Department of Women and Child Development & Social Welfare, Government of Jharkhand; Dr. Samiron Borad & Ms. Kabita Deka - Inspector of Schools, Assam Education Service (AES-I), Government of Assam; Dr. Hariprasad GV, Senior Lecturer, DIET, Shimoga, Chief Consultant, NSC - TSG, Ministry of Education, Karnataka, Government of India; Mr. Benoy Peter Co-founder and Executive Director, Centre for Migration and Inclusive Development; Dr. Vinita Yadav, Professor, Department of Regional Planning at the School of Planning and Architecture, New Delhi; Ms. Gazal Raina, AVP Sustainability, Global Business Services Pvt Ltd, Standard Chartered Bank; Mr. Joshy Jose, Director, Learning and Migration Program, AIF; Mr. Robin Sarkar, Project

top SEO companies in India? Well, to help you narrow your search and get started on your SEO and digital marketing journey for better rankings on Search Engine Result Pages (SERPs), we have curated the following article. Our experts took it upon themselves to research the numerous SEO and digital marketing companies in India and their offered services. We have shortlisted the 7 top SEO companies in India and compiled them into this list below.

Printing at home has never been this affordable, and the timing couldn't be better. With the sale happening, you'll be well-prepared for all your printing needs throughout the year. No need to rush for last-minute print jobs or pay extra at the local print shop.

Sectorally, buying was seen in healthcare and auto stocks while power, banks, the public sector, and utilities sectors saw some selling pressure. Stocks that were in focus on Wednesday include names like IRB Infrastructure (which was up more than 6%), Triveni Engineering (which gained more than 3% to hit an all-time high), and Suzlon Energy (Which rose nearly 5%). We have collated a list of these three stocks as they have either hit a fresh 52-week high, or an all-time high or saw a volume or price breakout. We spoke to analyst Hariprasad Kizhakkethara on how one should look at these stocks the next trading day entirely from an educational point of view: Here’s what Kizhakkethara, SEBI Registered RA (INH200009351), Director of Livelong Wealth has to say: IRB Infrastructure On Wednesday, the stock went up to 6.5% in a single day.

Nifty ended 141 points lower ahead of Thursday's weekly expiry to form an evening star candle on the daily chart, which is considered to be a bearish reversal pattern. Nifty has now formed a double-top formation on daily and intraday charts and a bearish candle on daily charts, indicating further weakness from the current levels. The Futures Open Interest (OI) in the Nifty indicated a buildup of fresh short positions in index futures. Call writers were seen offloading their positions at the 19,800 strike, leading to a strong down in Nifty today.

Mahantesh Sabarad, Independent Market Expert, says “Europe is where Wipro should have done better. One would have expected a much better performance. So, the root cause does primarily appear to be related to the execution delays. One cannot really comment. I have been able to see the fact sheets as yet properly.” What is your first cut on Wipro? There has been a disappointment in the profit as well as revenue figures? What is your expectation of guidance? Firstly, I have not seen their press release or the numbers per se in terms of the fact sheet. But yes, you did talk about the overall profit dropping on a quarter on quarter basis. That is a big disappointment and that number is substantially lower. Even with the revenues, there seems to be also quarter on quarter quite a bit of a hit. I consider this a very poor result. From a conference call, one would like to understand what has really happened in terms of their execution of orders? Are there any ramp downs that they have faced? Are there any delays that they are facing is the primary question one would like to find an answer for.

LTIMindtree on Wednesday announced that it's consolidated net profit fell by a marginal 2% to Rs 1,162 crore in the September quarter. It was Rs 1,188 crore in the year-ago quarter. The profit, however, beat the ET Now Poll estimate of Rs 1,120 crore. Revenue from operations, meanwhile, jumped 8% to Rs 8,905 crore in the second quarter.

Shares of Coforge Ltd.(up 0.6 per cent) and Persistent Systems Ltd.(up 0.07 per cent) ended the day as top gainers in the pack. On the other hand, L&T Technology Services Ltd.(down 5.63 per cent), MphasiS Ltd.(down 1.55 per cent), LTIMindtree Ltd.(down 1.12 per cent), Wipro Ltd.(down 0.96 per cent) and Tech Mahindra Ltd.(down 0.87 per cent) finished as the top losers of the day.

US President Joe Biden landed in Israel on Wednesday to meet with Prime Minister Benjamin Netanyahu. The meeting comes after a series of terror attacks against Israel by militant group Hamas on October 7. Mint breaks down what’s at stake.

₹2,411.7 crore, helped by robust order bookings. In the same quarter last year, the IT player's revenue was at ₹2,048.6 crore. Sequentially, the company's revenue grew 3.9 per cent.

Nifty 50 today: The domestic market witnessed significant selling pressure on Wednesday, October 18, which made the benchmarks the Sensex and the Nifty 50 conclude the day in negative territory. This downturn could be attributed to growing concerns about an escalation of the Israel-Hamas conflict. Concerns are growing that the ongoing Israel-Hamas conflict may escalate into a larger regional crisis, potentially involving other nations.

Wipro on Wednesday reported a consolidated net profit of Rs 2,667.3 crore for the quarter ended September 30, 2023, which was up 0.70% year-on-year (YoY).

Sensex on Wednesday plunged 550 points. Besides HDFC Bank, the downfall in Bajaj twins and RIL also contributed to the fall. Nagging concerns about elevated oil prices and US interest rates as well as the Middle East conflict weighed on sentiments. The 30-share BSE benchmark Sensex declined or 0.83% to end at 65,877. The broader NSE Nifty dropped 0.7% to settle at 19,671. High-weightage financials lost 1.3%.

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