FIVE Financial News

17.11 / 10:49

Target FIVE Manufacturing economy performer country reports Paint stocks surge up to 5% on sharp decline in crude oil prices

Oil prices drop over $3 on China's demand concerns, US crude stock; Brent crashes to $78/bbl Both of these crucial benchmarks marked a 9.12% decline this month so far, reaching their lowest levels in four months. The substantial decrease in crude oil prices on Thursday followed a larger-than-anticipated build-up in U.S. oil inventories.

17.11 / 10:49

FIVE Assurant Remark Experts social 2024 Indian Equity Markets can witness another rally ahead of General Elections 2024 in 6 months

General Elections in about six months. As per historical records and the current market scenario, experts anticipate yet another pre-election rally.

17.11 / 10:45

FIVE Fighting Death reports MP election 2023: Congress candidate’s aide killed in Chhatarpur district; sporadic clashes reported

An aide of a Congress candidate was killed after two groups fought in the Rajnagar constituency of Madhya Pradesh and a few clashes were reported in other parts of the state, where assembly elections are being held on Friday, officials said.

17.11 / 09:57

IPO FIVE Platform Experts band information recommendations Multibagger IPO: NSE SME stock Quicktouch Technologies turns ₹1.22 lakh to ₹4.12 lakh in six months

Multibagger IPO: The initial public offering (IPO) of Quicktouch Technologies Limited is one of the multibagger IPOs that Indian primary market has delivered in 2023. This NSE SME IPO was launched in April 2023 at a fixed price of ₹61 per equity share. Quicktouch Technologies Limited IPO listed on NSE SME Exchange platform on 2nd May 2023 at ₹92 apiece, deliering more than 50 per cent listing premium to the lucky allottees.

17.11 / 09:33

Target FIVE Manufacturing performer country recommendations PCBL stock records new all time high, up 4170% in a decade, is there more steam left?

PCBL zoomed 10.19% to register a historic high of ₹244.90 apiece in today's trade. This propelled the stock to achieve a substantial gain of 84% in the current year, registering its best yearly performance since CY17. Looking at the long-term performance, the shares have delivered a 204% return over the last three-year period and over the last decade, the shares delivered a whopping return of 4,170%, climbing from ₹5.62 per share to the current position of ₹238.40.

17.11 / 09:33

FIVE Booking Strategy Mobile Matrix Experts information stake Mukul Agrawal portfolio: Ace investor buys stake in solar energy stock Gensol Engineering. Experts give ‘buy’ tag

Mukul Agarwal portfolio: Shares of Gensol Engineering Ltd have been in consolidation phase after trading ex-bonus on 17th October 2023. The energy stock traded ex-bonus for finalising eligible shareholders for issuance of 2:1 bonus shares. This means, two bonus shares were issued for evey one share held by eligible beneficiaries.

17.11 / 07:49

FIVE Digital Progressive Career Strategy performer innovations IIM Lucknow Launches Batch 4 of the Chief Operations Officer Programme in India

Chief Operations Officer Programme on December 30, 2023, with Emeritus, the global leader committed to making high-quality education accessible and affordable to all. Rated as 4.4/5 by the past learners of the first batch of this high-impact 11-month Chief Operations Officer (COO) programme, business leaders, aspiring and new COOs will acquire the proficiency and skills to improve their organisation’s operational efficiency, resilience to disruption, and scale sustainable business growth.

17.11 / 07:33

FIVE Actor Celebrity show performer stars WWE star Becky Lynch sets a dismal new ‘Jeopardy!’ record

WWE superstar Becky Lynch has set a Jeopardy! record — although it’s not one she’ll likely be proud of.Lynch appeared as a contestant on Celebrity Jeopardy! this week, facing off against Home Alone actor Macauley Culkin and Saturday Night Live alum Rachel Dratch.While Lynch, who gave herself the moniker “The Man” for her wrestling abilities, is a beast in the ring, the pressure of the trivia game show obviously got to her and it’s believed she’s the first person to ever give all incorrect answers during the show’s first 60 clues.Yes, this is believed to the first instance of a player giving 0 correct responses through 60 clues.

17.11 / 07:17

Target FIVE WhatsApp Experts reports recommendations share price Grasim Industries share price rises 2%; is the stock buy-worthy after Q2 result?

Grasim Industries share price rose almost 2 per cent in morning trade on BSE on Friday, November 17. Grasim share price opened at ₹1,943.10 against the previous close of ₹1,941.45 and touched its intraday high of ₹1,975.90, rising 1.8 per cent, in Friday's trade so far. Grasim Industries share price hit its 52-week high of ₹2,021.95 on October 12 this year and hit its 52-week low of ₹1,528 on March 16 this year.

17.11 / 07:17

IPO FIVE Experts recommendations Multibagger stock: FMCG share BCL Industries hits life-time high. Gives 450% return in five years

BCL Industries shares are one of the multibagger stocks that Indian stock market has produced in recent years. In post-Covid rebound, this FMCG stock has risen from 3.12 apiece levels to near ₹59.40 apiece levels, delivering 1800 per cent return to positional investors in last three and half years. However, it seems that there is still some steam left in this multibagger stock.

17.11 / 06:43

FIVE CEO country Britain ramps up subsidies for struggling offshore wind industry

London | The British government has jacked up its subsidy for offshore wind developers by two-thirds, as it tries to revive a sector that has stalled in the face of soaring costs.

17.11 / 06:43

FIVE Digital CEO performer reports Accent shares tumble 10pc as wholesale sales dry up

Accent Group, whose brands include the Hype and Platypus shoe chains, says like-for-like sales continued in negative territory in the first 19 weeks of the new financial year, with trade at its own retail doors holding up, but sales to wholesalers slowing due to softer demand from shoppers.

17.11 / 06:23

FIVE CEO Citigroup Kotak Mahindra Bank board approves Ashok Vaswani's appointment as MD & CEO

Kotak Mahindra board on Friday approved Ashok Vaswani's appointment as MD & CEO for a period of three years with effect from January 1, 2024. The bank received Reserve Bank of India’s nod for the appointment in October. Vaswani has more than three decades of experience in the banking sector. He was Chief Executive Officer of Barclays Bank, UK, and subsequently CEO of their global consumer, private, corporate and payments businesses. Prior to that, he was CEO, Citigroup Asia Pacific and Member of the Citigroup Global Operating & Management Committees. The appointment of Vaswani is following the resignation of Uday Kotak as the MD and CEO of Kotak Mahindra Bank in September.

17.11 / 05:39

FIVE Strategy performer 11 best flexi cap mutual fund schemes with highest returns in past ten years

asset allocation based on their market outlook and investment objectives. For instance, if the fund manager perceives overvaluation in large-cap stocks, they have the flexibility to reduce the allocation to large-cap stocks and increase the allocation to mid-cap or small-cap stocks.

17.11 / 05:39

Provident Target FIVE WhatsApp President Experts performer 2024 Can Nifty 50 top 21,000 with a pre-election rally ahead of General Election 2024?

general elections will be the biggest trigger for the market even though the outcome of state elections can cause short-term volatility in the market. "The next trigger for equity markets is the outcome of General Elections 2024. State elections can create short-term volatility, but the outcome of the General Elections 2024 is a key monitorable," said Dikshit Mittal, fund manager of LIC Mutual Fund.

17.11 / 05:36

Citi FIVE BLOCK innovations Great Indian Festival created 750 crorepati sellers, 40,000 sellers had largest single day sales: Amazon India

Amazon Great Indian Festival was buoyed by strong demand and created significant milestones for sellers on the marketplace, says the e-commerce company. “I have been here [in Amazon] for nine years plus and this has been one of the smoothest Diwali that we have had,” says Amit Nanda, Director-Selling Partner Services at Amazon India. “And it has been the largest Diwali for us over all these years, across multiple dimensions.

17.11 / 05:21

Target FIVE Reuters economy Nikkei cover 2020 Warren Buffett's stamp of approval helps Japan's Mitsubishi shed conglomerate stigma

By Anton Bridge and Miho Uranaka

17.11 / 04:09

FIVE Highways Experts reports medicines evacuation Uttarkashi tunnel collapse: Experts from Norway, Thailand cave rescue roped in to save 40 trapped workers | 10 points

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.

17.11 / 02:51

IPO FIVE Digital Manufacturing band innovations reports Tata Technologies IPO: Should You Apply?

most anticipated initial public offerings (IPOs) of 2023 is finally here. Tata Technologies IPO, a wholly-owned subsidiary of Tata Motors, plans to offer 23.6% of its paid-up share capital currently held by Tata Motors, Alpha TC Holdings, and Tata Capital Growth Fund I. It is set to launch its IPO on Wednesday next week, November 22.

17.11 / 02:51

FIVE BLOCK Action Enterprise show country Department Stocks to Watch: HDFC, ICICI, IDBI Bank, TVS Motors, JSW Infra, Delhivery

HDFC/ICICI/SBI Cards/Bajaj Finance: The Reserve Bank on Thursday tightened norms for consumer credit as it asked banks and NBFCs to assign a higher risk weight for unsecured personal loans, a move aimed at making the lenders more cautious on such advances. The risk weight on unsecured consumer loans has been raised by 25 percentage points. A higher risk weight means that lenders need to set aside more funds as a safety net for consumer loans, which could make such credit more expensive.

17.11 / 02:51

Target FIVE Gap pandemic performer consequences Nutrition gap: Don't reduce India's food security law to a grain handout scheme

PDS) to almost two-thirds of India’s population. It proved to be a lifeline during the covid pandemic, with the government raising its entitlement from the mandated 5kg per person to 10kg, free of cost. While the quantity hike was rolled down after the pandemic ended, it continues as a free-ration scheme, as against the earlier subsidized price of ₹2 per kg for wheat and ₹3 per kg for rice.

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