Gap Financial News

Foreign institutional investors (FIIs) sold Indian equities worth Rs 12,436.22 crore on Tuesday while domestic institutional investors (DIIs) offloaded shares worth Rs 3,318.98 crore. The total sell-off shot up to 15,755 crore. This is in sharp contrast to Monday's buying action where both FIIs and DIIs were net buyers and purchased shares worth Rs 6,851 crore and Rs 1,914 crore, respectively, taking the overall tally to Rs 8,765 crore.

Deutsche Bank struck a deal with Bitpanda on Tuesday to facilitate customer deposits and withdrawals for the Austrian crypto exchange.

ACC Ltd. traded at Rs 2351.0 on BSE at 01:44PM (IST) on Tuesday, down 12.19 per cent from previous close. The scrip quoted a 52-week low price of Rs 1755.8 and a high of Rs 2759.95.

months of living expenses in aneasy-to-access account. This fund acts as a financial buffer against unexpected expenses, such as medical emergencies or job loss, and prevents dependency on credit during crises. "It is essential to address any gaps in your financial safety, stability, and aspirations.

Amid uncertainty in the economy and the still-present pressures of inflation, a new survey shows the country is split on whether now is the right time to be investing.

Tube Investments of India Ltd. fell 1.12 per cent to Rs 3796.5 at 11:41AM hours (IST) on Tuesday. 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 10,771 shares with a turnover of Rs 4.07 crore till 11:41AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 60.72, while the price-to-book value ratio stood at 18.18.

India has begun discussions with the UK on mapping of skill gaps and mutual recognition of skills between the two countries looking to tap international job opportunities for its young and growing workforce. To begin with, India is exploring the possibility of linking its National Career Service (NCS) portal with the UK government's job portal to get a sense of demand for skilled workers in the UK, while facilitating industry-specific exchange and migration of workers in labour-intensive sectors, such as textiles, under the India-UK Migration and Mobility Partnership Agreement (MMPA).

The Bank of Canada and Federal Reserve are likely to part ways soon — whether it is this week or next month — and that could mean trouble for the Canadian dollar.

Volcano Alert Level for Hawaii's Kilauea volcano was raised from watch to warning at a sudden notice, as it began erupting after a five decade long gap. The Aviator Color Code in the region changed from orange to red, based on the severity of the eruption, that began at 6.30 am (ET), according to a Fox Weather report. Alert levels in the Hawaii Volcanoes National Park have been raised in the early hours on Monday while the USGS Hawaiian Volcano Observatory (HVO), which earlier placed the Kīlauea volcano under observation levels, has now upped the ante and gone on full alert mode.

Indian stock market: On June 3, Sensex and Nifty 50 experienced notable gains not witnessed since January 2021. Investors displayed widespread buying activity across various sectors, departing from the cautious trading seen in the previous month. This surge in market momentum followed exit polls suggesting that the Lok Sabha election results might align with market projections, thereby bolstering investor confidence.Both indices reached new all-time highs, surging nearly 4 per cent each during the session.

Stocks that traded heavily or had substantial price changes on Friday: Gap, Zscaler rise; Veeva Systems, MongoDB fall

CEOs got rewarded as the economy showed remarkable resilience, underpinning strong profits and boosting stock prices. After navigating the pandemic, companies faced challenges from persistent inflation and higher interest rates. About two dozen CEOs in the AP's annual survey received a pay bump of 50% or more.

Nifty opened with a gap up on Monday at 23,337, which was above its previous all-time high of 23,110, due to the exit poll impact. Market and investors seem to be bullish as they foresee the return of the current government. The exit polls have indicated that the BJP-led NDA Alliance is going to take over the third term with a thumping majority. This marks their third term with even higher numbers of seats, vote shares, and pockets opening up in southern India.

Varun Beverages Ltd. traded at Rs 1462.3 on BSE at 01:18PM (IST) on Monday, up 2.57 per cent from previous close. The stock quoted a 52-week low price of Rs 754.35 and a high of Rs 1560.3.

Colgate-Palmolive (India) Ltd. traded at Rs 2706.4 on BSE at 01:23PM (IST) on Monday, up 1.96 per cent from previous close. The stock quoted a 52-week low price of Rs 1594.0 and a high of Rs 2961.15.

Indian government bond yields are expected to open with a gap down on Monday, with investor sentiment likely boosted after exit polls over the weekend signaled that Prime Minister Narendra Modi's government will secure a third term. India's benchmark 10-year yield is likely to move in a 6.94%-7.00% range, following its previous close of 6.9809%, a trader with a state-run bank said.

«The recent pressure on the benchmark indices this week isn't primarily due to concerns about the election results. There's a broad consensus that the BJP will secure a simple majority. The debate is more about the exact number of seats,» says Harsh Gupta Madhusudan, NSE International Exchange. First of all, how are you viewing the election outcome? What are your predictions or analysis on this? There is some pressure on the benchmark indices and broader markets ahead of the election. Could this pressure intensify post-earnings given the lack of support from FIIs? What are your expectations from the election outcome? The recent pressure on the benchmark indices this week isn't primarily due to concerns about the election results. There's a broad consensus that the BJP will secure a simple majority. The debate is more about the exact number of seats. The final outcome will be known on June 4th. The recent market dip is more related to broader Asia selling off as US yields hit 4.6% on the 10-year, and the dollar index reached 105, although it moderated slightly when the US first quarter GDP annualized came in at 1.3% instead of 1.6%. This was more about US macroeconomic factors driving an Asia equity selloff rather than concerns about the Indian election results, as seen in the Nifty and Sensex over the past few days.

India markets to cheer likely third term for Modi, hope for reforms“Monday morning markets would celebrate the EXITPOLL numbers and open with a gap-up strength. The gap up would be on the back of exit poll reports suggesting BJP can comfortably get 350++ seats pushing the Nifty to look to move-up for new lifetime highs.

reassuring, but external debt is only one part of our external liabilities. For a full picture of what India owes to foreigners, it is more useful to track India’s international investment position (IIP), which shows the stock of international financial assets and liabilities at a point in time. On the assets side, IIP includes all foreign financial assets that Indians own, including international reserves held by the central bank.

Norway Chess competition.“Incredible Praggnanandhaa! Beating both World No.1 Magnus Carlsen and No.2 Fabiano Caruana in classical chess at #NorwayChess is mindblowing. You’re on a roll and still just 18! Keep the tricolour flying high.

heatwave, incidents of AC blasts are becoming more prevalent. Here are some reasons behind these occurrences and precautions to ensure safety and prevent such incidents: Ensure the thermostat is set to an appropriate temperature.