Gap Financial News

President Joe Biden is nurturing economic ties this week with Asia

thematic funds cut their returns by nearly two-thirds through badly-timed trades, a report by Morningstar Manager Research showed. Funds that tend to focus on specific themes, such as climate change or artificial intelligence, have drawn investors over the last few years, more than doubling their assets under management since 2018, Morningstar's data showed. However, while the average return on thematic funds was an annualized 7.3% over the five-year period through June 2023, investors saw just a 2.4% return, the Morningstar report by senior analyst Kenneth Lamont and director of manager research Matias Mottola showed.

Investing.com — US stock futures were trading slightly lower on Wednesday night as investor optimism remained strong amid weaker than expected PPI data.

Sensex jumped 742.06 points to end at 65,675.93, while the Nifty 50 settled 1.19% higher at 19,675.45. Also Read: 6 things that changed for the stock market overnight - Gift Nifty, fall in oil prices to Biden-Xi meet Nifty 50 formed a small positive candle on the daily chart with a gap-up opening. “Technically, this pattern indicates an attempt at an upside breakout of the crucial overhead resistance of around 19,550-19,600 levels (downsloping trend line).

Buy or sell stocks for today: On account of FIIs' buying and strong global market sentiments, Indian stock market ended highger on Wednesday. Nifty 50 index gained 231 points and closed at 19,675 levels, BSE Sensex shot up 742 points and ended at 65,675 mark whereas Bank Nifty finished 310 points higher at 44,201 levels. All the sectors ended the day in green with realty, IT, and auto being the outperformers.

The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency.

Investing.com — Stocks rallied on Wednesday after more inflation readings showing prices cooling faster than expected bolstered investor sentiment that the Federal Reserve could end its interest rate increases.

World Cup, scoring 117 off 113 balls with nine fours and two sixes. Virat Kohli (713) also became the highest run-getter in a single edition of World Cup, again surpassing the legendary Tendulkar (623 run in 2003). His knock against the New Zealand has extended the gap with second-placed Quinton de Kock of South Africa.

Markets clearly liked the latest inflation data with substantial gains for indexes. Leading the charge was the Russell 2000 (IWM) that added over 5% on the day.

Former Education Secretary Betsy DeVos discusses GOP candidates tackling teachers unions and parental rights.

Varun Beverages Ltd. traded at Rs 1016.55 on BSE at 02:00PM (IST) on Wednesday, up 0.78 per cent from previous close. The scrip quoted a 52-week low price of Rs 537.77 and a high of Rs 1024.95.

Rohit Srivastava, Founder, Indiacharts.com, says “I do not think we will dip and fill the gap much. In fact, we may see a continuation of this move higher. You will have to selectively look at where you can come in with fresh trades as more and more stocks start to participate. We have not really seen the entire market participate in this move. Which is why there will be many opportunities in individual names to pick on even though the index may appear to have already moved up a bit, we are probably not done with this move.” After this gap up opening, should one buy the momentum or should one wait to fill the gap and then look at buying more positions as far as Nifty and Nifty Bank go? In bullish markets, sometimes the gaps do not get filled, at least not immediately till the next cycle of correction comes in. I am not so sure whether this gap will get filled. I know what happened in the early part of this week, especially over the Diwali weekend as we gapped up on Diwali Day, the firecrackers went off and then the next day, a lot of the gains were given back.

Ambuja Cements Ltd. traded at Rs 420.85 on BSE at 12:23PM (IST) on Wednesday, up 0.35 per cent. The stock quoted a 52-week low price of Rs 315.3 and a high of Rs 598.15.

Turkeyana Clinic, a leading medical and cosmetic tourism clinic, was founded in 2012 to capitalize on this trend and bridge the gap between Turkey and the Arab market. Initially catering to Arab patients, the clinic has since expanded globally and achieved remarkable success, ranking among the top four clinics in Turkey. Non-invasive hair transplantation is a minimally invasive procedure that uses hair follicles from the back of the head to restore hair growth and improve appearance in people with hair loss.

Shriram Finance Ltd. rose 1.66 per cent to Rs 2001.55 at 11:01AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session.

New Delhi: State-owned Convergence Energy Services Ltd (CESL) has accrued around 1.4 million tonnes of carbon credits under the Gram Ujala scheme in 2022-23. That’s good for its carbon footprint—just as soon as it finds a buyer. Green energy-focussed CESL is yet to sell the carbon credits, although the sale could even finance the government subsidy provided under the scheme.

Mint explains. For years, farmers in Punjab and Haryana have burnt the leftover stubble after mechanically harvesting the paddy crop. They did this due to the short available window between harvesting paddy and planting wheat.

Shares of Fisker Inc. (NYSE:FSR) are trading down nearly 20% Tuesday morning after the electric automaker reported a 3Q earnings miss and announced a cut in production guidance.

surveyed in India are "off track" to meet their sustainability goals despite the consumers are willing to change their behavior and pay more for sustainable products. To get a broad sense of environmental concerns around the world, Bain surveyed 23,000 consumers, the results underscore the growing urgency of sustainability topics.

When Corynn Fowler turned her camera around and started filming her own financial advice to post on TikTok two years ago, she didn’t have high expectations.

Stocks finished yesterday's session lower ahead of CPI report. Expectations are for headline CPI to increase by 0.1% month-on-month and 3.3% year-on-year, down from September’s increase of 0.4% m/m and 3.7% y/y reading. Core CPI is expected to rise by 0.3% month-on-month and 4.1% year-on-year, in line with last month’s reading.