Experts Financial News

solar eclipse on Saturday offers a unique opportunity for celestial enthusiasts to capture this rare event with their cellphone cameras. While it's a tempting prospect, there are several factors to consider when using your phone to document this extraordinary occurrence. Limitations of Phone Cameras While it's feasible to capture the solar eclipse on your cellphone, it's essential to acknowledge some limitations. According to Scott Fisher, an astronomy lecturer at the University of Oregon, the sun might not appear sufficiently large on your phone screen. Fisher explained, «If you take a picture of the sun with the cell phone, the sun is teeny tiny on your screen. It might only be a few pixels across.»

Most of the population in conflict-affected countries like Niger, Mali, Burkina Faso, Chad and northern Nigeria depends on climate-vulnerable agriculture

Tiger 3 is set to hit theatres as the big release of the month, followed by Animal, Sam Bahadur, Yodha, Merry Christmas and Aquaman that are vying for viewers’ attention and a share of the wallet in December. Besides, big-ticket southern films are going head-to-head with Bollywood productions. For instance, Prabhas’ Salaar is taking on Shah Rukh Khan-starrer Dunki for the Christmas weekend.

Domestic consumption and investment demand will continue to drive growth though global and regional uncertainties and domestic disruptions may keep inflationary pressures elevated in the coming months, finance minister Nirmala Sitharaman said Thursday. The finance minister also added that the situation warrants greater vigilance by the government and Reserve Bank. Calling for timely consensus on the transformation of the World Bank for accelerating progress towards the achievement of the 2030 Sustainable Development Goals (SDGs), Sitharaman during her in her address at the meeting of the World Bank's Development Committee, said, «The government has already taken pre-emptive measures to restrain food inflation which is likely to subside price pressure in the market soon.» The body is a joint ministerial committee of the boards of governors of the World Bank and the International Monetary Fund on the transfer of real resources to developing countries. She said the external sector required a closer watch, observing that the global economic landscape was still marked by unprecedented challenges to economic growth and stability. Sitharaman said India's growth prospects remain strong, and domestic economic activity is maintaining resilience with a healthy balance sheet of the private sector and increased capex spending of the government, crowding in private investment. On Tuesday, the IMF raised India's real GDP growth forecast for FY24 to 6.3% from 6.1%. Forecasts by other international organisations are higher, Sitharaman said, adding the robustness of domestic investment is the result of the government's continued emphasis on capital expenditure, which is expected to drive growth in the coming years. Given the

NEW DELHI : Coal stocks continued to shrink with power demand across the country hitting a peak of well above the 200 GW mark this week. Thermal power plants across the country have coal stocks to last just 7.5 days, showed data from the Central Electricity Authority (CEA). Analysts said the decline in stocks comes on the back of a number factors, including rising demand, supply constraints and logistical issues.

India's retail inflation eases to 5.02% in September, comes within RBI's tolerance mark after two months Most experts expected retail inflation to be in the range of 5.3 per cent to 5.5 per cent as they pointed out a significant decline in select food items. The recent drop in inflation to a three-month low is a significant positive development on the macroeconomic front. Notably, the September CPI inflation rate at 5.02 per cent is below the upper threshold of the RBI's acceptable range of 2 to 6 per cent.

By Nidal al-Mughrabi and Jonathan Saul

By Isla Binnie

The best time to buy real estate was 20 years ago. The second-best time is today. —Warren Buffett International investment guru Buffett’s quote holds true not just for the baby boomers but millennials as well.

hair transplants in Turkey have become extremely popular, but why so? There are several reasons for this, and today we’ll discuss them, so stick around. Istanbul is the largest city in Turkey, and it’s the home to over 300 hair clinics. Naturally, most people looking to get hair transplants come to Istanbul.

Mahantesh Sabarad, Independent Market Expert, says “I do not think guidance revision will lead to a massive derating in EPS estimates but potentially expectations from Infosys will get further delayed. Most of the analysts would roll forward their estimates and look at a better EPS and therefore with the lower multiple assigned, virtually retain the same target price. Something similar is likely to happen. I do not see any major upgrades coming in per se in terms of either EPS or target prices from analysts.” For Infosys. revenue has come in at 2.3% sequential growth. Margin has seen a 40 bps expansion at 21.2% and we are also looking at a TCV of around $7.7 billion. But, of course, the biggest headline is the guidance cut on the upper end. Your take. These results seem to be all right and 2.3% constant currency growth is a bit of a positive surprise and the deal wins are also very good. I am not too sure why the guidance has been tempered down. I guess like TCS, they are also facing a bit of execution issue ramp downs and late ramp-ups are likely to happen ahead. That seems to be the broader issue for the entire industry per se.

Sectorally, buying was seen in oil & gas, energy, metal, and auto stocks while IT, realty, and capital goods stocks saw some selling. Stocks that were in focus on Thursday include names like PCBL (which rose nearly 4%), TVS Motor Company (which closed with gains of about 3%) and Nippon Life Asset Manager (which was up more than 8%). We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Viraj Vyas CMT, CFTe |Technical & Derivatives Analyst| Institutional Equity, Ashika Stock Broking Limited: PCBL (All Time): The stock, a major player in the specialty chemicals sector, underwent an extensive period of price and time correction starting in 2018. Notably, the stock has formed a Cup and Handle pattern, and the breakout occurred in June. The stock is currently on an upward trajectory, and when a breakout follows from such a substantial base, it often leads to powerful trending movements. The stock is anticipated to reach levels around Rs 240-245, with a significant support level observed at Rs 190. TVS Motor (All Time) The stock has displayed impressive performance since the beginning of 2022, and it is currently trading near its all-time highs. This boost is attributed to robust sales figures and the festive season, which traditionally favors the auto sector. The stock continues to form a pattern of Higher Highs and Higher Lows, indicating its bullish trajectory.

positive global cues, according to HDFC Securities. In the previous trade, the yellow metal had ended at Rs 58,700 per 10 grams.

MAGADHSUGAR(up 4.22%), Dalmia Bharat Sugar & Industries(up 3.42%), AVADHSUGAR(up 1.87%), Uttam Sugar Mills(up 1.43%), Triveni Engineering & Industries(up 1.41%), Simbhaoli Sugars(up 1.33%), DCM Shriram Industries(up 1.20%), Dhampur Sugar Mills(up 0.67%), Ponni Sugars(Erode)(up 0.61%) and Ugar Sugar Works(up 0.42%) stood among the top gainers. EID Parry(down 1.65%), Rajshree Sugars & Chemicals(down 1.10%), Kothari Sugars & Chemicals(down 1.03%), Balrampur Chini Mills(down 0.97%), KCP Sugar & Industries(down 0.92%), Mawana Sugars(down 0.89%), Vishwaraj Sugar Industries(down 0.84%), Bannari Amman Sugars(down 0.70%), Shree Renuka Sugars(down 0.46%) and Dwarikesh Sugar Industries(down 0.45%) were among the top losers of the day.

Relative Strength Index (RSI), an invaluable indicator for measuring stock price momentum. Understanding RSI and its significance is pivotal to deciphering why some stocks are on a downtrend. The Relative Strength Index (RSI) is a widely-used momentum oscillator that gauges the speed and magnitude of price movements.

Let's explore the performance of these stocks. (Data Source: StockEdge) 1. Hero MotoCorp Hero MotoCorp, the world's largest two-wheeler manufacturer, saw its 50-day SMA at Rs 2,997.36.

IEA) on Thursday lowered its forecast for growth in oil demand in 2024, suggesting harsher global economic conditions and progress on energy efficiency will weigh on consumption. In its monthly report, the IEA forecast demand for oil will rise by 880,000 barrels per day (bpd) in 2024, down from its previous forecast of 1 million bpd, based on broader economic concerns and a faster adoption of electric vehicles among other energy efficiency measures. However, the Paris-based agency that advises the United States and other industrialised countries, raised its 2023 demand forecast to 2.3 million bpd, from a previous estimate of 2.2 million. OPEC and its allies, known as OPEC+, began limiting supplies in 2022 to support prices. In September, global benchmark Brent hit 10-month highs after Saudi Arabia and Russia extended their combined 1.3 million bpd cuts until the end of the year. «If extra cuts are unwound in January, the balance could shift to surplus, which would go some way to help replenish depleted inventories,» the agency said. Although Russia pledged to cut crude exports until the end of 2023, according to the IEA's estimates Moscow's total exports of crude oil and products in September rose by 460,000 bpd to 7.6 million bpd, with crude accounting for 250,000 bpd of the increase. The jump in exports highlights the difficulty the West has faced in trying to reduce Russian exports and revenue to Moscow amid its war with Ukraine. Last year, the IEA predicted harsh Western sanctions would lead to a collapse in Russian energy exports. ECONOMIC HEADWINDS, GEOPOLITICAL RISK Oil prices fell sharply last week as a darkening economic outlook intensified fears of slower growth in demand, eclipsing supply concerns.

Stock split 2023: Shares of Rudra Global Infra Products Ltd are one of those stocks on BSE that has hit upper circuit during Thursday deals. In fact, this small-cap stock has locked-in 5 per cent upper circuit on all sessions this week.

equity mutual funds slumped by over 30 per cent month-on-month to ₹14,091 crore in September. Despite the decline, inflow through SIPs (Systematic Investment Plans) hit a fresh all-time high of ₹16,042 crore last month.

Question: Can you guide us on the mandatory filing of Form 10F and whether non-residents would be required to obtain a PAN for the same?

Systematic Investment Plans (SIPs) hit a fresh all-time high of Rs.16,042 crore in September 2023. The growth in Net Assets under Management (AUM) was flat, with AUM at Rs.46.58 lakh crore. SIP AUM stood at Rs.8.70 lakh crore, against Rs.8.47 lakh crore in the previous month, according to AMFI’s monthly data.