Lowe's Financial News

Stocks that were in focus include names like IndiGo, which fell 3.57%, Divi's Labs, which declined 0.55%, and Vodafone Idea, whose shares dropped 2.48% on Wednesday.Here's what Riches Vanara, Technical And Derivatives Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today:IndiGo — SellA gap down opening on the daily chart with huge volume along with the stock breaking below the important zone of 2,470-2,510 turns the momentum bearish. The momentum indicators MACD and 14-period RSI are also facing resistance at their moving average on every uptick. The stock seems to be getting weaker as supply is exceeding demand.

Nifty closed the volatile session 30 points higher at 19,465, witnessing recovery from intraday lows. The index gained support near the 19,300 level where buying emerged during the day. The index formed a small positive candle on the daily chart with minor upper and lower shadow.

Investing.com-- Oil prices fell to a two-week low in Asian trade on Thursday, extending recent losses as markets fretted over an economic slowdown in China, while strength in the dollar also weighed amid continued signs of a hawkish Federal Reserve. 

By Wayne Cole

Gadar 2 asserts its dominance with a staggering 6-day collection of ₹263.48 crore as per early estimates for Day 6. The film's journey, marked by striking highs and lows, unveils a captivating narrative of audience engagement and performance. Gadar 2 embarked on its theatrical journey with a resounding bang, accumulating ₹40.1 crore on its inaugural Friday.

Check out the companies making headlines in extended trading.

Investing.com — The spot price of gold fell back on Wednesday to under the key $1,900 level critical to those long on the yellow metal as the dollar pressed forth its rebound from 15-month lows. 

MUMBAI : Promoters of the Adani group have generated ₹39,400 crore through stake dilutions in group companies since a damning report by US short-seller Hindenburg Research in January drove flagship Adani Enterprises Ltd to withdraw its ₹20,000 crore follow-on public offering. The group has denied the allegations. Market veterans believe this liquidity could be used as growth spending and to repay any near-term debt obligations of group companies if needed.

Ajit K Doval and China's foreign minister Wang Yi are believed to be in touch over the disengagement of frontline troops at the two remaining points along the Line of Actual Control (LAC) and are said to be discussing the future of political engagement ahead of the Brics and G20 summits. Doval and Wang have been in communication over the unresolved issues along the LAC since their meeting last month in South Africa on the sidelines of the Brics Summit, ET has reliably learnt.

A Massachusetts millionaires tax can encompass people who rise above the $1 million earnings threshold only briefly as the result of the sale of a home or business, but financial advisors say most of their clients won’t be affected.

Now that it’s a publicly listed company, giant registered investment advisor and asset manager AlTi Global Inc. is looking to boost one of the most important cash flow metrics for RIAs: EBITDA, or earnings before interest, taxes, depreciation and amortization.

The rate of inflation in the U.K. fell sharply in July to a 17-month low largely on the back of lower energy prices

The official Dutch statistics office says the Netherlands has fallen into a recession after exports and household spending fell back amid rising interest rates intended to rein in inflation

Syria’s president Bashar al-Assad has doubled public sector wages and pensions as the war-torn country’s national currency spiraled further downwards, reaching a new low for the year

A once-confidential memo written by Gina Rinehart about a “special project” she was undertaking has been used by lawyers to accuse her of an egregious breach of fiduciary duties and signing the death warrant for a company set up by her father Lang Hancock.

By Amruta Khandekar and Shristi Achar A

A couple of weeks ago, we predicted that a strong US dollar, regardless of what inflationary readings for July showed, could send the spot price of gold below the key $1,900-an-ounce support. 

As altcoin markets continue to take a hit, ApeCoin (APE) has fallen -10% back below the 20DMA in a tumultuous rejection from trendline resistance, leaving some fearful BAYC bagholders to question whether ApeCoin is going to zero.

Both I and my wife are 35 years old and have salaries of Rs 40,000 a month each. We have a Rs 20 lakh home loan and the EMI is Rs 16,000 per month. Last month, we got Rs 65 lakh from a property sale. Should we invest this amount or close the home loan? We have a son and a daughter. We have a 3-BHK flat in Hyderabad, two plots of land, Rs 4 lakh in stocks and mutual funds, a Rs 50 lakh term policy, Rs 4 lakh in LIC Jeevan Anand, a Rs 6 lakh Maxlife policy, Rs 2.5 lakh in EPF, and a Rs 3 lakh SBI Ulip. We have separate mediclaim policies from our employers. Naveen Kukreja, CEO and Co-Founder, Paisabazaar.com: As for your health insurance, you should purchase a cover of at least Rs 1 crore since the mediclaim policies provided by your employer might be inadequate.

Benchmark NSE Nifty closed 30.45 points up at 19465.0 amid buying in frontline bluechip counters. However, stocks such as Goldstar Power, Synoptics Technologi, BKM Industries, Genesys Intnl and Oriana Power, touched their fresh 52-week lows.

Mehul Bhatt, Founder & CIO, OysterRock Capital, says “the special situations as we define them – which is wherever there is a change, there are a lot of interesting opportunities where companies are going from commodity to value added or are going from B2B to B2C or in some instances there are demergers – these are good hunt zones for guys like us.”What is your market view right now because while we are not witnessing a runaway rally, it is quite a bit off from the March lows. So a solid recovery in the last three, four months?If you take an outside view of India, it has never been this good for the last 20-25 years. The macro situation and the way India is being recognised in the world is unprecedented.