FIVE Financial News
13.11 / 04:22
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Day trading guide for stock market today: Five stocks to buy or sell on Monday — 13th November
Day trading guide for today: Indian stock market finished on a higher note for sixth straight Muhurat trading session on Diwali 2023. Nifty 50 index gained 100 points and closed at 19,525 levels, BSE Sensex shot up 354 points and finished at 65,259 mark whereas Bank Nifty index ended 176 points higher at 43,996 levels. Small-cap index surged 1.14 per cent while mid-cap index 0.67 per cent.
13.11 / 02:24
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FMCG, automobile and mobile phone dealers seek laws to protect them in deals with companies
dealer groups, representing FMCG, automobile and mobile phone sectors, have come together to seek laws to protect the interests of «nearly 30 million dealers and distributors» who are forced to operate under «one-sided terms and conditions». «We are concerned that companies operate without written agreements or impose one-sided agreements that solely benefit them,» Dhairyashil Patil, national president of All India Consumer Products Distributors Federation (AICPDF), said. «Distributors and dealers invest crores to set up their network, and there have been examples when companies suddenly decide to terminate their association, leaving distributors to bear the brunt of the losses,» he said, speaking for auto and mobile phone sectors as well. There are no existing laws to compensate distributors and dealers in such cases.
13.11 / 02:23
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Odisha news: Massive fire breaks out at two places in Sambalpur | Videos
fire broke out in two places in the Khetrajpur area of Odisha's Sambalpur city on 12 November. One fire broke out at a gunny godown and another fire incident broke out on the third floor of a residential building. The fire on third floor of the building has been successfully controlled while the gunny godown fire have also been doused.
13.11 / 01:35
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Mutual fund recommendations: 14.6% category average returns in a year; pick highly diversified equity funds
Equity funds with the most diversified portfolios How markets are placed The benchmark BSE Sensex lost over 1,637 points in October 2023, which was the highest monthly absolute loss in 2023. Though the markets have made some recovery in November due to falling crude oil prices and softening of US bond yields, they are expected to stay volatile over the next few months. A Prabhudas Lilladher Diwali Picks report expects the next few months to be volatile due to the El Nino impact on inflation, global volatility in commodities and interest rates. “The strong resilience of the US economy, despite high inflation, is likely to keep policy rates high, which can impact FPI inflow in the near term,” it states. Equity fund concentration ET Wealth tried to study the concentration of equity diversified funds, in terms of their respective average concentration of AUM in the top five stocks and sectors, over the last year.
13.11 / 01:35
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Samvat 2080 opens on a positive note for investors
Samvat 2080 started on a steady note for investors with India's stock benchmarks gaining over half a per cent in the special 60-minute Muhurat trading session on Sunday evening to mark the start of the traditional Hindu new year. The Sensex closed at 65,259, up 355 points, or 0.55%, after advancing as much as 514 points, or 0.79%. The Nifty, ended 100.20 points, or 0.52% higher, to close at 19,526.
13.11 / 01:35
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High returns and safety: Know why hybrid mutual funds works well for average investors
The strange thing is that the unease created by such events has been made worse for some investors because of a partial reversal of a long-standing trend. Longtime readers may have noticed my recurring observation regarding the heavy dependence of Indians on traditional fixed income investments.
12.11 / 23:49
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Nygard found guilty on 4 out of 5 counts of sexual assault
The jury in the sexual assault case against fashion mogul Peter Nygard has reached a verdict.
12.11 / 17:03
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Five US service members killed in aircraft crash in Mediterranean -Defense Dept
WASHINGTON (Reuters) — Five U.S. service members were killed in a refueling accident during training that caused the aircraft carrying them to crash into the Mediterranean Sea, the U.S. Defense Department said in a statement on Sunday.
12.11 / 16:35
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Let there be light in judicial appos
appointment of judges to the Supreme Court has been an ongoing tussle — at times overt, at other times covert — between GoI and the judiciary. Tuesday's cautionary by the court asking GoI not to 'pick and choose' from the collegium's recommendations underscores the need for a robust transparent system for appointing judges to the apex court. Justice Sanjay Kishan Kaul was clear in saying that political affiliations and leanings are emerging as factors determining GoI's decision to accept the collegium's recommendations. Such an argument gains currency given increased political polarisation.
12.11 / 15:45
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KL Rahul smashes India's fastest-ever World Cup century, breaks Rohit Sharma's record
KL Rahul accomplished this record during the World Cup match against the Netherlands at his home ground of M Chinnaswammy Stadium in Bengaluru. Speaking at the mid-innings break, KL Rahul said that in the last two games of the ODI World Cup, he didn't get time in the middle order. He added that it was nice to get some time today.
12.11 / 15:45
12.11 / 15:45
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Virat Kohli gets first wicket in ODIs after nine years against Netherlands in World Cup | Watch
World Cup match against the Netherlands at Bengaluru. With the Dutch crawling in their chase of 411 to win, India skipper Rohit Sharma threw the ball to Virat Kohli who sent back opposition captain Scott Edwards, caught behind in his second over off a ball drifting down the leg side. It was only Virat Kohli's fifth career ODI wicket from his gentle medium-pace and first since 2014 when he dismissed New Zealand captain Brendon McCullum in Wellington.
12.11 / 14:35
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Rohit Sharma, Shubman Gill register most hundred-run partnerships this year in ODIs
Rohit Sharma and Shubman Gill reach the milestone of most hundred-run partnerships this year in ODIs. The landmark came at the 45th match of the World Cup 2023 against the Netherlands at M. Chinnaswamy Stadium in Bengaluru on Sunday.
12.11 / 14:35
FIVE
Arvind Kejriwal meets kin of Manish Sisodia, Sanjay Singh on Diwali
Arvind Kejriwal met the wife and family members of his former deputy Manish Sisodia at the residence of Minister Atishi and conveyed his Diwali greetings. The wife of Sisodia, who was arrested in connection with the Delhi excise policy case, is currently ailing. Kejriwal also met AAP leader Sanjay Singh's family members at their residence in the national capital. Former Delhi Deputy Chief Minister Manish Sisodia, arrested in the alleged excise policy scam on March 9, on Saturday came out of Tihar jail on a short furlough of six hours to meet his ailing wife. The Delhi Police brought the former deputy CM to meet his wife as permitted by the Rouse Avenue court on Friday.
12.11 / 14:35
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Samvat 2080 kickstarts on a high note for Dalal Street! Five factors that drove markets higher
Dalal Street welcomed Samvat 2080 in good spirits, as benchmark indices gained half a percentage points during the special Muhurat Trading session on Sunday. The 50-stock Nifty settled above the 19500-mark at 19525.55 points, up 100.20 points or 0.5% from the previous session. The 30-stock Sensex gained about 355 points or 0.5% to settle at 65259.45 points.
12.11 / 14:35
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On resolutions relating to situation in W.Asia, India votes in favour of 5, abstains on one
India voted in favour of five resolutions relating to the situation in the Middle East, including one that condemned Israeli settlement activities in the Occupied Palestinian Territory, and abstained on one resolution. The Fourth Committee (Special Political and Decolonization) of the UN General Assembly approved six draft resolutions on November 9 all by recorded votes, relating to the situation in the Middle East, including the Palestinian question.
12.11 / 13:03
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Vijayendra to take over as BJP Karnataka chief on Nov 15 & take on Congress’ DK Shivakumar
Vijayendra will take over as President of the BJP Karnataka unit on November 15, and the party has organised a workers rally at the Bangalore Palace the next day in a show of popularity of the 48-year-old leader, projecting him as a formidable counterweight to Congress party’s DK Shivakumar. Vijayendra, younger son of the BJP veteran BS Yediyurappa, hit the ground running on the weekend, visiting the mutts of Vokkaligas and Lingayats, the dominant communities in Karnataka. The BJP is hopeful of turning a new leaf in the upcoming Lok Sabha polls by regaining the support of the two large communities. Many in the party believe it got reduced to 66 seats in the May 10 assembly polls from 104 seats five years ago because many Lingayat voters were displeased with the way Yediyurappa was removed as CM, two years ago.
12.11 / 13:03
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Adityanath celebrates Diwali with forest dwellers in Gorakhpur, visits Ayodhya
Yogi Adityanath on Sunday celebrated Diwali with the forest dwellers here, continuing a practice he started about 15 years ago. The Chief Minister inaugurated or laid the foundation stones of 52 development projects worth Rs 153 crore for different gram panchayats of Gorakhpur district on the occasion, the state government said in a statement. Adityanath on Sunday also visited the Hanumangarhi temple and the Shri Ram Janmabhoomi in Ayodhya and offered prayers.
12.11 / 13:03
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Shubman Gill completes 2,000 international runs in 2023, Indian top-order dominates the year
Shubman Gill completed 2,000 international runs in this calendar year, becoming the first batter to do so. Gill accomplished this feat during India's ICC Cricket World Cup match against the Netherlands at Bengaluru. In the match, Gill smashed 51 in 32 balls.
12.11 / 10:55
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Kamal Nath says after losing MP polls Chouhan will not become unemployed, says, ‘Good actor…Can pursue acting career’
'Is Congress 'Mohabbat Ki Dukan' or ‘Dhamki Ki Dukan?’, asks BJP on Kamal Nath's warning Yesterday, Nath, who is also the former CM of Madhya Pradesh accused BJP of copying some of the promises which Congress wrote in its manifesto. Nath alleged that the BJP has copied the Congress' announcements of ₹4,000 per bag to tendu leaf pluckers, ₹1.01 lakh for the marriage of women, gas cylinders at ₹500, and free education for girls and the poor.
12.11 / 10:55
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'You can't make Babar scapegoat': Wasim Akram blasts critics, blames faulty Pakistan cricket system
Wasim Akram blasted Babar's critics and blamed the faulty Pakistan cricket system. Babar is under the radar of critics for the dismal World Cup show in India. To this, Akram lambasted the critics saying that making Babar a scapegoat is not right.
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