Performer Financial News

By Davit Kirakosyan

Jung Kook of BTS will join the Global Citizen Festival lineup, making one of his first live solo appearances at the Sept. 23 benefit concert in New York’s Central Park

There’s often a point when car enthusiasts are looking to purchase their first new performance car or sports car

Tennis has a fuzzy yellow problem most players don’t think about when they open cans of fresh balls, or when umpires at U_S_ Open matches make their frequent requests for “new balls please.”

Former Major League Baseball star Brandon Phillips and current women's pro wrestler Jade Cargill took on professional sports franchise ownership together less than a year ago

Indian market. This exclusive model is priced at ₹46 lakh ex-showroom, prior to any optional additions, and will be produced locally at the BMW Group Plant Chennai. Interested customers can purchase the BMW 2 Series Gran Coupe M Performance Edition exclusively through the BMW Online shop.

Shivaami, an authorised Google cloud partner, says it has bagged the 2023 Google Cloud Partner of the Year Award, which marks its fourth consecutive win. According to a statement, this award exhibits Shivaami's performance, commitment to customer service, and dedication to helping businesses achieve their digital transformation objectives through Google Cloud technologies. The company says it has been facilitating cloud migrations, offering cloud-based solutions, and providing customer support to businesses. The company has also empowered organizations to harness the capabilities of cloud computing, allowing them to scale, optimize their operations, and successfully drive their digital transformation journeys in a cost effective way. «We extend our heartfelt appreciation to Google Cloud for recognizing our efforts and commitment to customer success.

HCL Technologies share price today touched 52-week high after following the signing of a multiyear Managed Public Cloud Services agreement with German technology and high-tech industry behemoth Siemens AG. HCL Technologies share price closed at ₹1,255 apiece on BSE, 1.56% higher.

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Golden Crossover is, why it's essential to assess stock movements based on it, and highlight 10 stocks from the pack that have experienced this pattern. The Golden Crossover is a technical analysis pattern used by traders and investors to gauge the momentum and potential future performance of a stock. It occurs when a stock's 50-day Simple Moving Average (SMA) crosses above its 200-day SMA. To put it simply, it signifies a shift from short-term weakness to long-term strength, and it can serve as a bullish signal for traders. Now, let's take a closer look at 10 Nifty stocks that have recently witnessed the Golden Crossover, along with their current 50-day and 200-day SMAs: 1) Hindalco Industries Ltd.

Mortgage brokers warn that a growing number of their clients are stuck in the so-called “mortgage prison” because they are unable to pass serviceability tests at alternative lenders, despite assurances from the prudential regulator that the rules don’t need to change to support competition.

Tencent revealed that Hunyuan has now become the core technology underpinning over 50 of its various products and services. "By July, there are more than 130 large language models in China.

auto stocks, whose fortunes will be aligned with the performance of the companies during this period, have come under the spotlight. Top brokerages along with analysts that ETMarkets spoke to remain gung ho on the prospects of the sector. A look at the Nifty Auto index’s performance over the past one year suggests that it has done better than Nifty50 and also outperformed Nifty IT, Nifty Bank, Nifty FMCG, Nifty Metal and Nifty Media during this period while underperforming Nifty Pharma and Nifty Realty. https://datawrapper.dwcdn.net/fER2n/2/" scrolling=«no» frameborder=«0» style=«border: none;» width=«600» height=«478» data-external=«1»> Kranthi Bathini, Director-Equity Strategy at WealthMills Securities opines that the outperformance of the auto sector will likely continue going ahead in the wake of the upcoming festive season. The strength in the economy, disposable income and the growing preference for big cars will see the auto industry sail comfortably through the season, Bathini said. The auto sales have been strong on a year-on-year and quarter-on-quarter basis with traction for sports utility vehicles (SUVs) growing among vehicle buyers, he said, while highlighting that the future is EVs (electric vehicles) and India is witnessing a transformational shift towards them. The WealthMills Securities Director remains bullish on Tata Motors, Mahindra & Mahindra and Maruti Suzuki among the OEMs while he is betting on Minda Corporation and Samvardhana Motherson International among the ancillaries.

UPI (Unified Payments Interface) applications. Mahindra shared the video on the X platform (formerly Twitter) and called the technology dazzling. As per Mahindra's post, the UPI-based ATM was showcased at the recently held Global Fintech Fest in Mumbai.

gold ETFs, other commodities, and ETF and exchange Traded Commodity Derivatives (ETCDs), aiming to reduce overall risk. DSP MAAF will allocate assets based on 3 key but simple factors – long-term expected returns from different asset classes, their realized volatility, and the correlation among each asset class. The key idea is that when assets with low correlation among one another are added to a portfolio, even if one asset class faces a downturn, another one might perform well, potentially smoothening out the investor experience.

Shares of new-age consumer technology companies have possibly left most conventional sectors behind by making a strong comeback in FY24. Thanks to the recovery in the technology stocks globally and the consistent improvement in earnings, Dalal Street investors are moving their eyes from the “sell” to the “buy” button. So far in the current financial year, all the listed new-age consumer tech stocks have given double-digit returns, and stocks like Zomato look set to turn a multibagger soon. That the faith is coming back in these stocks reflects in the shareholding pattern of institutional investors. Mutual Funds have increased their holding in Zomato for four quarters in a row. As of June end, their cumulative holding stood at 8.3%, compared to a meagre 2.4% in the same period a year ago. Similarly in FSN E-Commerce, MFs increased their stake for three consecutive quarters, taking their cumulative holding to 8.5% at the end of June quarter.