Lowe's Financial News

Cholamandalam Investment & Finance Company Ltd. traded 1.19 per cent up at Rs 1155.3 on Monday at around 10:15AM (IST), while the benchmark BSE Sensex advanced 479.15 points to 65197.71. As many as 14,372 shares changed hands on the counter with a total value of Rs 1.66 crore.

Hollywood actor, Ezra Miller, known for his role in 'Flash,' is faced with multiple charges including assault and indecency, but a judge has allowed a temporary harassment order against the actor to expire. According to 'The Hollywood Reporter', in June 2022, the mother of a 12-year-old child filed a Greenfield District Court order, accusing Ezra Miller of inappropriate behavior. But, Miller's attorney, Marissa Elkins has strongly denied the charges, stating that the actor was never alone with the child and only had two brief encounters, while in the presence of other adults.

Havells India Ltd. gained 2.76 per cent to Rs 1317.85 in Monday's trade as of 10:00AM (IST). The stock hit a high price of Rs 1333.55 and low of Rs 1287.05 during the session.

Ashok Leyland Ltd. rose 1.76 per cent to Rs 170.3 in Monday's trade. It hit an intraday high of Rs 173.85 and low of Rs 168.9, respectively, during the day.

“In small cap investing, if you avoid landmines, what you are left with are goldmines. Our focus is on containing downside risks. We firmly believe that if you do that job well, the upside will naturally follow,” says ArunaGiri N, Founder CEO & Fund Manager, TrustLine Holdings Pvt Ltd. In an interview with ETMarkets, ArunaGiri said: “We firmly believe that by avoiding excessive leverage, we can mitigate a significant portion of risks associated with small cap investing” Edited excerpts:Your deep value fund has been in the market for more than 15 years with a CAGR of over 17% that is very impressive. Tell us more about your journey in markets where we have seen global financial crisis as well as deep corrections as well? As fate would have it, the global financial crisis (GFC) unfolded shortly after the launch of our new intrinsic deep value fund.

“FIIs have pumped USD 11 bn in the last 4 months in India, after selling nearly USD 60 bn in the last 2 years. FIIs holding in India stocks is at a decadal low after the last 2 years of outflow,” says Ajay Vora, Head- Equities, Nuvama Asset Management. In an interview with ETMarkets, Vora said: “We expect FIIs to come back to India in a strong way as earnings growth remains much better than other emerging markets and India can continue to command premium valuations” Edited excerpts:We hit fresh record highs earlier in June. What is your outlook on markets? India is relatively well placed versus all large economies as our nominal GDP growth is still around 11-12% which is much better than other markets.

BEIJING (Reuters) — China's factory activity growth slowed in June, a private sector survey showed on Monday, with sentiment waning and recruitment cooling as firms grew increasingly concerned about sluggish market conditions.

By Ankur Banerjee

bankruptcy a few times. He remained oblivious as a child and when he grew up, his father shared his thoughts on money. He said that according to his father, there are three kinds of minds at work when it comes to money.

strategies are the shiny new toys in the investment arena. Asset management companies are making a fervent pitch to investors to put their money in multi-asset allocation funds. Most recently, Edelweiss Mutual Fund and WhiteOak Capital Mutual Fund have introduced their offerings in this space.

By Leika Kihara and Tetsushi Kajimoto

GoI can take credit for the health of banks after a decade-long cleaning up of bad loans. Parallelly, Indian companies have shed their bloated debt and are now primed for capital expansion on signal from consumption demand. Sticky loans at public sector banks (PSBs) are heading for their best performance in 10 years as credit demand is pushed up by households emerging from pandemic restrictions.

Ranil Wickremesinghe has expressed hope that the country will be able to shed its bankruptcy status by September and boost its economy. Wickremesinghe’s remark came in the backdrop of Lanka's parliament approving a domestic debt restructuring plan on Saturday that is crucial to continue a $2.9 billion bailout from the International Monetary Fund (IMF). The plan was passed with a majority of 122 votes in the 225-member parliament.

SYDNEY (Reuters) — Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing supply helped lift values nationwide, data showed on Monday.

Investing.com — It’s here: The July oil bulls have been waiting for. The July the Saudi oil minister plans to make a difference with, via an additional million barrels per day in output cuts. The July where some of the most optimistic forecasters for crude think it could set highs of $90 or more for a barrel of Brent.

Mumbai-Ahmedabad High Speed Rail Corridor, popularly called the bullet train project, said work was progressing swiftly and cited the construction of three river bridges in one month in Gujarat. Officials of the National High Speed Rail Corridor, which is constructing the high speed corridor, said four out of the 24 bridges have been built in the past six months.

housing loans in total advances has increased over the last eleven years to 14.2 per cent in March 2023 from 8.6 per cent in March 2012, as per the Reserve Bank's latest Financial Stability Report (FSR). It also said the housing sector is witnessing a healthy growth with sales growing by 21.6 per cent in the fourth quarter (January-March) of 2022-23. In addition to rising sales, new launches also maintained healthy growth, reflecting strength in demand by end-users.

Sectorally, buying was seen in IT, auto, capital goods, and the public sector. Stocks that were in focus include names like Nippon Life AMC which rose nearly 15%, HDFC Asset Management Company rose over 12% and M&M closed with gains of over 4% to hit a fresh 52-week high on Friday. We have collated a list of three stocks that either hit a fresh 52-week high or saw a volume or a price breakout.

Sensex and Nifty have hit record peak levels, some investors are still having FOMO because the stocks in their portfolios have not yet performed well enough. Sumeet Bagadia, Executive Director, of Choice Broking, says that there are opportunities in IT and pharma stocks which have yet to perform.

Comex gold prices moved between gains and losses during the week and are poised to close relatively flat near $1,975 per troy ounce. The yellow metal declined during the first half of the week, as investors remained wary ahead of the June FOMC meeting. Despite a 1% decline in the dollar index, gold prices have not risen, as US short-term treasury yields inched higher.

During that period, the domestic market underwent an 11% correction, driven by concerns about a global recession that could potentially result in a local slowdown. However, on the contrary, the global economy has demonstrated resilience and fared out from the crisis. Now it is projected that the US economy is well poised and will avoid the deep correction to a hard landing in CY2023.