Lowe's Financial News

Shree Cements Ltd. traded 0.15 per cent up in Wednesday's trade at 11:26AM (IST). Around 158 shares changed hands on the counter.

MphasiS Ltd. traded at Rs 2400.45 on BSE at 10:10AM (IST) on Wednesday, up 0.87 per cent from previous close. The scrip quoted a 52-week low price of Rs 1660.65 and a high of Rs 2550.95.

On the BSE, Shashwat Furnishing(down 11.10 per cent), Naturo Indiabull(down 7.30 per cent), Inducto Steel(down 6.48 per cent), Alpine Housing(down 6.48 per cent) and MAC Hotels(down 6.42 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 9 stocks traded in the green, while 41 stocks traded in the red.

Bullion prices fell for the eighth session in a row amid an uptick in the dollar index (DXY) following Atlanta Federal Reserve President Raphael Bostic's comment that the rates are likely to remain higher for longer. On Wednesday, the MCX December gold futures were trading at Rs 56,851 per 10 gram, down by Rs 76, or 0.13%.

TAIPEI (Reuters) — Taiwan's central bank will intervene in the foreign exchange market if there are «extreme» fluctuations to maintain financial stability, its governor Yang Chin-long said on Wednesday.

By Lucy Craymer

By Stefanno Sulaiman

IRFC) stock price has run at the speed of bullet train since exactly a year ago when it hit its 52-week low of Rs 21.15 on the NSE. Currently, in a consolidation phase, this multibagger stock has returned a whopping 261% over the last one year.

Deepak Shenoy, Founder, Capital Mind, says “technically, Vedanta is not a great play. If you bought it for fundamental reasons, then you probably want to wait to see how the demergers evolve into the results which should start coming in and more colour should start coming in once they announce results. So you might as well wait for that to make a decision. The reason to exit is probably related to why you entered in the first place.” What do you make of this move coming in from Vedanta? Earlier it was all about merging and now it is all about demerging? Yes, it is a little crazy.

Sanjiv Bhasin, Director, IIFL Securities, says PB Fintech will be my stock for this Diwali to next Diwali. Paisa Bazaar, the Policy Bazaar, are raring to go. They will scramble extremely well along with Paytm. We cannot look at these stocks from their lows. We have to look from the highs because they have stabilized their businesses, particularly Paytm, you cannot do without it. The QR business which they are talking of, we are doing five times more digital transactions than China. Where have the railway, defence and shipbuilder stocks moved? From the recent 52-week high, have they started reversing? Now, one is absolute change and second is a move from the recent high. From Rs 190 plus, RVNL has become Rs 170 in one month but they are still in the green. For Cochin Shipyard, even for smaller PSU banks, the skim from the top is evident. Is the best of the gains over? If you own them, do not sell them, but don’t buy them now. Well, take it with a little bit of caution and try to do a SIP rather than go wholeheartedly because they have run up far in excess of what actually should be the case.

Day trading guide for today: On account of weak global cues, Indian stock market finished lower on Tuesday. Nifty 50 index lost 109 points and closed at 19,528 levels, BSE Sensex shed 316 points and ended at 65,512 mark whereas Bank Nifty index finished 185 points lower at 44,399 levels. In broad market, small-cap index surged 0.61 per cent while mid-cap index managed to end marginally higher on the previous session.

Sensex declined 316 points to settle at 65,512, while the Nifty fell 109 points to end at 19,528. Stocks that were in focus included names like Eicher Motors, which fell 2.68%, Network 18, which rose 8.07%, and Escorts, whose shares declined 1.73% on Tuesday. Here's what Viral Chheda, Sr Technical Analyst at SSJ Finance & Securities, recommends investors should do with these stocks when the market resumes trading today. Eicher Motors — Sell From the lows of 3125, the stock has witnessed a Bull Run to make the high of 3539 odd levels. Higher Top Higher Bottom pattern was seen as Bulls were having upper hand on price.

Hindustan Times. It means the Chandrayaan-3 spacecraft again landed on the Moon on command, which was not planned. The ‘hop experiment’ indicates new possible opportunities for future moon missions.

By Tom Westbrook

Polygon Labs has officially proposed a technical upgrade for Celo, suggesting its transition from an independent EVM-compatible L1 to an Ethereum L2. This proposal was made public on September 21, just 9 hours after its initial announcement by SandeepN.

By Rae Wee

US District Judge Analisa Torres has rejected the U.S. Securities and Exchange Commission's motion to appeal in the ongoing Ripple lawsuit.

Fortescue has doubled down on becoming a manufacturer of hydrogen electrolysers, saying it was the lead investor in a $US380 million ($602 million) fundraising round conducted by Electric Hydrogen.

The internal dissent within Airwallex was so intense that senior executives at the global payments giant had to acknowledge the issues in an all-staff meeting at its Melbourne office following an anonymous review that called it “the first company to make me believe suicide is the best course of action”.

Investing.com — US crude oil stockpiles possibly fell as much as 4.0 million barrels last week while inventories of gasoline likely rose by an almost similar level of 3.9 million, as refiners appeared to maximize fuel production due to lucrative returns, petroleum trade group API reported Tuesday.

Investing.com — The selloff in gold slowed the first time in nearly two weeks on Tuesday after the yellow metal hit a new 7-month low on the back of the virtually non-stop surge in Treasury yields and the dollar’s accompanying surge to 11-month highs.