Recommendations Financial News
13.03 / 05:37
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Info Edge shares gain 0.61% as Sensex rises
Info Edge (India) Ltd. traded 0.61 per cent up at Rs 5185.75 at 10:46AM (IST) on Wednesday, even as BSE benchmark Sensex gained 47.67 points to 73715.63. The scrip had closed at Rs 5154.0 in the previous session. The stock quoted a 52-week high price of Rs 5536.8 and 52-week low of Rs 3310.0, respectively. As per BSE data, total traded volume on the counter till 10:46AM (IST) stood at 1828 shares with a turnover of Rs 0.95 crore.
13.03 / 02:09
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Stock market today: Day trading guide for Nifty 50 to Sensex, six stocks to buy or sell on Wednesday — 13th March
Stock market today: The market benchmarks Nifty 50 and Sensex managed to conclude nearly unchanged, despite most of their constituents ending the day with losses, on Tuesday, March 12. The Nifty 50 commenced trading at 22,334.45, marginally higher than the previous close of 22,332.65. Throughout the session, it oscillated between an intraday high of 22,452.55 and a low of 22,256.
13.03 / 02:09
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 13
Buy or sell stocks for today: Frontline indices Nifty 50 and Sensex settled flat the previous day in a highly volatile session, driven by select gains in heavyweights including HDFC Bank, Reliance Industries, and Tata Consultancy Services (TCS). On the other hand, the domestically-focused midcaps and smallcaps suffered massive losses over stretched valuations.
13.03 / 02:08
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Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US inflation to oil prices
Sensex gained 165.32 points, or 0.22%, to close at 73,667.96, while the Nifty 50 inched 3.05 points, or 0.01%, higher to settle at 22,335.70. “Pain is likely to continue in the broader market amid stretched valuation and red flags from SEBI. Also, the mandatory disclosure format for mutual funds shared by SEBI to look at the stress situation in the funds, will be out by March 15.
13.03 / 02:07
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Nifty 50, Sensex today: What to expect from Indian stock market in trade on March 13
Sensex gained 165.32 points, or 0.22%, to close at 73,667.96, while the Nifty 50 inched 3.05 points, or 0.01%, higher to settle at 22,335.70. Also Read: Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US inflation to oil prices Nifty 50 formed a neutral candlestick pattern on the daily chart after a bearish engulfing, signaling ongoing bearish pressure in the market. “The bearish Evening star pattern formed in the previous session has not yet been negated.
13.03 / 01:09
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IIaS recommendation to reject board nominees misleading: Zee
MUMBAI : Zee Entertainment Enterprises has rejected the recommendations of proxy advisory firm IiAS, after the latter asked investors to vote against ratifying the appointment of two of the company’s three newly-inducted independent directors. IiAS had recommended investors to vote against the appointment of Venkata Ramana Murthy Pinisetti and Uttam Prakash Agarwal, citing alleged conflict of interest and ongoing criminal charges, respectively. However, a Zee spokesperson told Mint that IiAS’ recommendation was misleading and incorrect.
12.03 / 19:39
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New digital competition law proposed to regulate big tech
digital competition law with a set of dos and don'ts under an ex-ante framework to address potential abuse of dominance or other antitrust concerns involving big tech companies. The new law, the panel says, would apply only to «systemically significant digital enterprises» (SSDE) that have «significant presence» in India, leaving small firms out of its ambit to not stifle innovation. The penalty for violations of the law could be as high as 10% of the relevant entity's global turnover, it suggests. The Ministry of Corporate Affairs released on Tuesday the panel's report and a draft bill, seeking public comments by April 15.
12.03 / 18:53
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European Union members should open talks with Bosnia on joining, the EU's executive branch says
The European Union’s executive arm says it will recommend that member countries open accession negotiations with Bosnia-Herzegovina
12.03 / 18:12
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Breaking digital competition law may cost up to 10% of global turnover
NEW DELHI : Digital economy firms violating provisions of an upcoming competition law to govern them may be penalized up to 10% of their global turnover, a top government panel recommended. The corporate affairs ministry panel led by its secretary Manoj Govil on Tuesday proposed a new set of compliance obligations for influential digital economy firms such as Google, Apple and Meta.
12.03 / 14:55
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How do I manage investments in SGBs from Germany?
—Name withheld on request Your query infers that you are no longer a person resident in India under the Indian Foreign Exchange Control regime, i.e., Foreign Exchange Management Act (FEMA). We assume that you are now a non-resident Indian (NRI). Sovereign gold bonds (SGBs) issued by the Reserve Bank of India (RBI) can be purchased by resident individuals and even HUFs (Hindu Undivided Families).
12.03 / 14:09
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Top income tax-saving investments option to consider before 31 March. Check here
Every year, our employers remind us to start planning our taxes. While taxes are often seen as a financial burden, what can make it even more stressful is a lack of understanding about tax planning. Many taxpayers find it challenging to incorporate tax-saving strategies into their financial plans.
12.03 / 14:09
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Have poor credit score? Here are 7 simple steps to improve it
In case your credit score is poor, there are a number of steps that you may take to start improving your creditworthiness. These include reducing your credit card debt, addressing delinquent accounts, refraining to open new accounts, applying for a secured credit card, among others.
12.03 / 13:11
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Smallcap segment can suffer more; time to avoid the sector? Experts weigh in
Nifty Smallcap 100 index tumbles another 2.5%, down over 6% in March so far; here's why Experts see more pain for the smallcap space as its valuation is still very high. "Though it is difficult to guess the quantum, but 10 per cent correction cannot be ruled out. If it happens it would be healthy and bring some sanctity to the exorbitant valuations," said Sneha Poddar, AVP – Retail Research, Broking and Distribution, Motilal Oswal Financial Services.
12.03 / 06:13
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L&T, Power Grid, NTPC see further re-rating prospects - Jefferies
Larsen & Toubro, NTPC , Power Grid share prices have risen 68-93% in last one year. These capital goods/industrials and utilities majors have been benefitting from strong economic growth in the country. The power demand in the country also has been rising steadily.
12.03 / 06:13
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How to dispute errors on your credit report? Follow these 6 simple steps
credit report. In fact, it is highly recommended to regularly check the credit report for any inadvertent inaccuracy and errors, because these can adversely impact your credit score and also your ability to raise funds in the future. Copy of credit report: You’re entitled to one free credit report from CIBIL every 12 months.
12.03 / 06:13
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Stock market today: How to tweak your portfolio before Lok Sabha election 2024
Stock market today: After sharp selling on Monday, the key benchmark indices of the Indian stock market bounced back strongly in early morning deals on Tuesday. The Nifty 50 index opened higher at 22,334 level and went to touch an intraday high of 22,435 mark whereas the BSE Sensex today shot up to the tune of 350 points in the early morning session.
12.03 / 05:25
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US, Canada and indigenous groups announce proposal to address cross-border mining pollution
The U.S., Canada and several indigenous groups have agreed to address pollution from coal mining in British Columbia that officials say has been contaminating waterways on both sides of the border for many years
12.03 / 04:59
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Buy or sell: Ruchit Jain of 5paisa recommends buying Marico and Shriram Finance stock this week
Stock Market News: Domestic benchmark equity indices, the Sensex and the Nifty 50, began Tuesday's trade on a flat note amid sluggish global cues and ahead of inflation data. The BSE Sensex opened higher by 13.78 points or 0.02% at 73,516.42 level while the Nifty 50 opened at 22,334.45 level, up 1.80 points or 0.01%. Investors will be eyeing this week's inflation data releases, both for retail and wholesale, for fresh cues.
12.03 / 04:27
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Popular Vehicles IPO opens today: GMP, review, other details. Apply or not?
Popular Vehicles IPO: The initial public offering (IPO) of Popular Vehicles & Services Limited has opened today and will remain open for subscribers till 14th March 2024 i.e. till Thursday this week. This means Popular Vehicles IPO subscription will remain open from Tuesday to Thursday this week.
12.03 / 03:43
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Nifty 50, Sensex today: What to expect from Indian stock market in trade on March 12
Sensex plunged 616.75 points to close at 73,502.64, while the Nifty 50 settled 160.90 points, or 0.72%, lower at 22,332.65. Nifty 50 formed a long bear candle on the daily chart, which indicates a reversal of the previous two sessions of upmove. Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, crude oil to Bitcoin price rally “The present chart pattern on the daily chart signals a formation of bearish evening star type candle pattern, which indicates short-term top reversal for the markets.
12.03 / 03:43
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Stock market today: Day trading guide for Nifty 50 to Sensex, six stocks to buy or sell on Tuesday — 12th March
Stock market today: After trading in a narrow range on Thursday last week, the Indian stock market witnessed sharp profit booking and closed lower on Monday. After climbing to a new peak of 22,526 level, the Nifty 50 index lost 160 points and closed at the 22,332 level, the BSE Sensex dipped 616 points and ended at the 73,502 mark whereas the Bank Nifty index nosedived 507 points and finished at 47,327 level. In the broad market, the small-cap index fell more than the Nifty 50 index even as the advance-decline ratio fell to 0.24:1.
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