Gap Financial News

Indian Oil Corporation Ltd. traded at Rs 138.10 on BSE at 11:26AM (IST) on Friday, 0.21 per cent from previous close. The stock quoted a 52-week low price of Rs 104.20 and a high of Rs 196.80.

Siemens Ltd. traded at Rs 7527.70 on BSE at 10:36AM (IST) on Friday, 1.44 per cent from previous close. The scrip quoted a 52-week low price of Rs 3577.95 and a high of Rs 8129.95.

edible oil prices set to fall, after a gap of four months, from mid-December by up to 9% following a drop in international prices of soybean, sunflower and palm oil by $100 dollars per tonne in the last fortnight. Abundant global production of soybean has pushed down prices of soybean oil. Sunflower oil prices are also cooling off while palm oil prices have fallen since Indonesia, the world's biggest palm oil producer, is yet to frame its biodiesel policy. Indonesia produces biodiesel from a blend of palm oil and fossil fuel-based diesel. The country currently uses 35% palm oil in biodiesel, which the government was planning to raise to 40%, a move opposed by environmentalists. This has forced the Indonesian government to rethink the issue.

index breached its 20 DEMA in today's session, which indicates a downside breakout of the range movement of the last few sessions. The huge opening upside gap of 25th November has been filled and the Nifty closed around the gap support of 23,900 levels. On the downside, the index will find immediate support near 23,800, followed by 23,560, which is the 200-Days exponential moving average (DEMA) support level. The index is still facing strong resistance near 24,350-24,360 levels. As long as the index persists below 24,360, traders should focus on booking profits on the bounce and wait for a fresh breakout, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.

LTIMindtree Ltd. 1.75 per cent to Rs 6149.00 at 02:05PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 3,420 shares with a turnover of Rs 2.10 crore till 02:05PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 39.01, while the price-to-book value ratio stood at 7.30.

Subscribe to enjoy similar stories. Russian aluminium giant Rusal recently shook the global market with its plan to slash output by more than 6%, citing skyrocketing alumina prices and weakening domestic demand. The decision comes amid a surge in alumina prices, which have more than doubled to about $700 a tonne owing to supply disruptions in Guinea, Brazil and Australia.

Tata Power Company Ltd. 0.11 per cent to Rs 417.30 at 11:53AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 531,518 shares with a turnover of Rs 22.17 crore till 11:53AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 35.51, while the price-to-book value ratio stood at 3.89.

HDFC Bank's market capitalization reached Rs 14 lakh crore for the first time on Thursday after the stock of India's largest private lender hit a fresh record high of Rs 1,836.05 on the BSE. The market cap peaked at Rs 14,00,710 crore but later slipped below this level amid profit-taking in the broader markets.

Siemens Ltd. traded at Rs 7537.55 on BSE at 10:25AM (IST) on Thursday, 1.45 per cent from previous close. The stock quoted a 52-week low price of Rs 3577.95 and a high of Rs 8129.95.

Residents of Florida’s Gulf Coast endured two major hurricanes and a tropical storm in the span of nine weeks, and they are still feeling the economic shockwaves

Subscribe to enjoy similar stories. India-China trade data for 2023 reveals a widening discrepancy, with India's reported imports from China falling significantly short of China's export figures, raising concerns over potential anomalies such as under-invoicing, misclassification, and inconsistent reporting practices.

Swiggy climbed as much as 8.1% on Wednesday to Rs 499 on BSE, with the stock surging nearly 16% in the past two sessions after UBS became the latest brokerage to initiate coverage on the food delivery major with a “Buy” rating, highlighting Swiggy's promising growth in India's food delivery and quick commerce markets. Brokerage firms — HDFC Securities, Motilal Oswal and JM Financial — were the first ones to initiate coverage on Swiggy with particularly bullish views.

Cholamandalam Investment & Finance Company Ltd. 1.37 per cent to Rs 1282.05 at 10:47AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 8,643 shares with a turnover of Rs 1.10 crore till 10:47AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 27.96, while the price-to-book value ratio stood at 4.96.

A ransomware attack that hit a major software provider last week caused disruptions for a handful of companies over recent days, from Starbucks to U.K. grocery giant Morrisons

loonie is shaping up as an early casualty of U.S. president-elect Donald Trump’s latest trade threats against Canada, with knock-on impacts expected elsewhere in Canadian pocketbooks.The value of the Canadian dollar dropped to a four-and-a-half-year low of 70.53 cents to the U.S.

These lenders are simply taking the advantage of a demand and supply gap created in the credit market ever since microfinance lenders have slowed down loan disbursement to prevent erosion of their asset quality. Muthoot Finance, the country's largest gold loan provider, for instance, has revised its annual growth projection to as high as 25% from a 15% target set earlier in the year as the demand has suddenly surged in the absence of easier availability of collateral free loans.

The Information, the tech giant may shift from using titanium or stainless steel frames, instead opting for aluminium — a material commonly found on its non-Pro devices.If accurate, this would mark a departure from the titanium frames introduced with the iPhone 15 Pro range in 2023 and carried forward to the upcoming iPhone 16 Pro lineup. Apple had heavily promoted the aerospace-grade titanium on the iPhone 15 Pro series, highlighting its premium and durable qualities.It is noteworthy that the alleged proposed change would mean that all four iPhone 17 models, expected to debut in late 2025, could share a similar aluminium build, bridging the gap in materials between Pro and non-Pro variants.In addition to the aluminium frame, the iPhone 17 Pro and Pro Max are also rumoured to feature a rear panel comprising a mix of aluminium and glass.

LTIMindtree Ltd. 1.14 per cent to Rs 6185.35 in Tuesday's session as of 10:24AM (IST) even as the equity benchmark Sensex traded 188.23 points at 79921.62. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 6575.00 and a 52-week low of Rs 4518.35 on NSE. Around 2567 shares changed hands on the counter till 10:24AM (IST).

TORONTO — The trillion-dollar question these days is where the huge sums of money needed to address climate change are going to come from, especially for developing countries.

Subscribe to enjoy similar stories. On a recent morning walk, a friend asked me: "Mutual funds to sahi hai, but why do I need a financial advisor to guide my investment decisions?" He said he could do his own asset allocation, identify funds to invest in based on the information and ratings available, monitor his portfolio and transact easily across digital platforms. So, why should he go through the trouble of finding a good advisor? He could not see any clear value-addition that the advisor could provide and had not consulted one for several years.

Bharat Electronics Ltd. 5.11 per cent to Rs 295.15 at 10:18AM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 483,774 shares with a turnover of Rs 14.18 crore till 10:18AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 47.38, while the price-to-book value ratio stood at 9.02.