Gap Financial News

Siemens Ltd. traded at Rs 3522.6 on BSE at 11:52AM (IST) on Monday, down 0.25 per cent from previous close. The stock quoted a 52-week low price of Rs 2692.0 and a high of Rs 4066.1.

«The timing is definitely symbolic, and I believe it was picked that way by the initiators,» Sarit Zehavi, President and Founder of Alma Research and Education Centre and former researcher in the Israel Defence Forces Intelligence Corps, told ANI. On Saturday, which was also a major Jewish holiday, Hamas militants launched a series of rocket strikes that hit major cities across Israel, and it sent waves of fighters across the border into southern Israel, killing hundreds of people and taking captives back to Gaza. Hamas militants used explosives to breach the barriers and then used bulldozers to widen the gaps. Militants entered into Israel in motorcycles and SUVs.

Day trading guide for today: On account of strong global market sentiments, Dalal Street ended higher for second straight session on Friday last week. Nifty 50 index gained 107 points and closed at 19,653 levels, BSE Sensex shot up 364 points and ended at 65,995 mark whereas Bank Nifty index finished 147 points higher at 44,360 levels. In broad market, small-cap index small-cap index advanced 0.56 per cent while mid-cap index shot up 0.66 per cent in previous session.

There’s an uncomfortable, hidden truth in all the hype around green hydrogen – the market for it is almost non-existent and is growing at snail’s pace.

Sam Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed thei...

shree anna as super foods but Swaminathan had encouraged discourse around millets since the 1990s. My personal interactions with Swaminathan were extensive. They began after I took over as chief minister of Gujarat in 2001.

₹99 and 6GB of additional data with one-day validity for ₹49. India is hosting this year’s World Cup after a gap of 12 years. The event, which started on Thursday, will be held at 10 venues across India.

Slice earlier this week received the regulatory no objection to merge with North East Small Finance Bank, that would help it transform into a bank. Earlier, Resilient Innovations, which operates fintech firm BharatPe, became a financial investor in Unity Small Finance Bank, one of the 12 small finance entities that got a bank licence as part of a central bank initiative to expand the bailiwick of formal financing beyond credentialed high-street lenders.

JP Morgan has projected FY24 as a "washout year" for India's $245 billion IT industry, which represents over 7.5% of the country's GDP. This isn't merely a reflection of earlier industry apprehensions, but a dire alert for the sector to address systemic challenges before it is too late. “We remain negative on the sector as we haven't seen a meaningful uptick in demand in our recent checks.

Info Edge (India) Ltd. fell 0.21 per cent to Rs 4203.45 in Friday's session as of 01:44PM (IST) even as the equity benchmark Sensex traded 336.23 points higher at 65967.8. Earlier in the day, the stock witnessed a gap up start to the session.

UK Home Secretary Suella Braverman's hard line speech that tough action needs to be taken to stop migration. “It's likely that Braverman is aware of the role immigration plays in sustaining the UK economy and fulfilling skill gaps, making her remarks noteworthy for not only political observers; but also stakeholders concerned with immigration's role in the UK's future. This is considering the country is grappling with with a labour shortfall in various sectors, " said Yash Dubal, A Y & J Solicitors, London, United Kingdom.

When you sell mutual fund units, you have to pay tax on the profit. This profit is known as capital gains and the tax paid on such profit is known as capital gains tax. For example, if you purchase mutual fund units for Rs 5000 and sell at Rs 6000, you will have to pay tax on the gain of Rs 1000. However, the rate at which this capital gains tax is levied depends on the period of holding and the type of the fund.

Also Read: 6 things that changed for the stock market overnight - Gift Nifty, RBI Policy expectations to pause in US dollar rally “The opening downside gap of Wednesday and the opening upside gap of Thursday are unfilled, which is indicating a formation of bullish 'island reversal' type pattern as per hourly/daily timeframe chart. This is a positive indication for the short term and it opens a potential upside pattern target of 19,726 levels for the short term," said Nagaraj Shetti, Technical Research Analyst, HDFC Securities. The broader negative chart pattern like lower tops and bottoms is intact as per daily timeframe chart and further upside from here could open chances of new lower top formation, he added.

US trade deficit in August to the smallest since late 2020, according to government data released on Thursday. The trade gap shrank to $58.3 billion, down nearly 10 percent from July's revised figure of $64.7 billion, said the Commerce Department. Analysts had expected a smaller change in deficit and the latest numbers showed exports rose $4.1 billion to $256 billion in August. Imports slipped by $2.3 billion from July to $314.3 billion. While consumer spending has helped to boost US trade, analysts have warned that this could weaken following steep interest rate hikes by the central bank over the past year — aimed at lowering inflation and cooling demand. «Trade flows have slowed overall,» economist Rubeela Farooqi of High Frequency Economics told AFP. «But quarter-to-date, exports are up and imports are down, suggesting some softening in domestic demand,» she added. The labor market remains strong and households are still spending.

Milan has become a mecca for the wealthy, but the downside of that shift is starting to show. 

Stocks gained on Wednesday, rising by around 80 bps, as the dollar and rates fell.

₹5 lakh in a savings account (not even a fixed deposit!). So even as we see all this transpire around us, the question that needs to be asked is this: Is your asset allocation geared for a higher interest rate environment? Well, if you are like most people, you have been conditioned for the last 15 years or so to invest in higher risk assets as returns from fixed rate instruments were generally poor (and getting poorer with time). You were, to use a technical but nice sounding phrase, hunting for yield.

Anne Klein and Canada-based Herschel Supply have partnered with Apparel Group that sells brands such as Aldo, Charles & Keith and Bath & Body Works for India entry. In the initial phase, the products will be available on the e-commerce platform Myntra but the company is scouting for space in prominent malls for offline stores.

Lupin Ltd. traded at Rs 1150.65 on BSE at 01:39PM (IST) on Thursday, down 0.06 per cent from previous close. The scrip quoted a 52-week low price of Rs 628.1 and a high of Rs 1184.0.

Shriram Finance Ltd. traded at Rs 1834.85 on BSE at 01:54PM (IST) on Thursday, down 0.85 per cent from previous close. The scrip quoted a 52-week low price of Rs 1164.1 and a high of Rs 1974.95.

Motilal Oswal Financial Services. Apart from the numbers, management commentaries on unsecured loan growth and margins, traction in deposits and opex trends, the traction in fee income and treasury outlook are expected to be in focus in the banking sector's Q2 scorecard.