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07.11 / 13:26
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UK recession fears grow as shoppers cut spending 'to save for Christmas'
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07.11 / 12:29
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Nov
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SC pulls up Centre over 'selective' appointments of judges, says 14 new recommendations pending
recent example of appointments cleared for the Punjab and Haryana High Court. It said the Supreme Court Collegium recommended names of five advocates for elevation as judges of the High Court. However, the central government only cleared three names, ignoring the names placed in serial numbers 1 and 2.
07.11 / 12:29
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ASK Automotive IPO day 1: Issue subscribed 38%, retail portion booked 56%
₹268 to ₹282 per equity share of face value of ₹2. ASK Automotive IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors. On day 1, Ask Automotive IPO retail investors portion was subscribed 56%, NII portion was subscribed 41%, and Qualified Institutional Buyers (QIB) portion was booked 3%.
07.11 / 12:06
Provident
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SIP for marriage expenses: Where to invest for accumulating money? A guide on Mutual Fund suggestions
I want to save money for my niece and nephew for their marriage. I don’t want to overburden myself so plan to keep a small amount safely for them. I have two nephews and two nieces, one nephew is in college while the other is in 12th. One niece is in her second year of college while the other is in class 5. Could you suggest some SIP specifically for marriage purposes? Should I start SIP for all individually or one would do depending on the age gap? I belong to a middle-class family.
07.11 / 11:41
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10 Top-Performing Gold ETFs: Before Dhanteras, Know How Gold Exchange-Traded Funds Have Performed
Gold Exchange-Traded Funds (ETFs) have witnessed increasing inflows in the last few years. Data shows that Gold ETFs witnessed net inflows of Rs 1660 crore during July-September 2023. The inflows are expected to increase this month as investing in Gold is considered auspicious by many during Dhanteras and Diwali festivals.
07.11 / 10:07
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Diwali 2023: Will the upcoming festive season be a game changer for auto space?
₹11,901.85, hit on March 28, 2023. While they achieved record-high wholesale dispatches of passenger vehicles (PVs) in October, showrooms are now dealing with unprecedented inventory levels, raising concerns for both dealerships and manufacturers. According to FADA, the Navratri period saw a surge in bookings driven by the introduction of new models, particularly SUVs, and attractive consumer offers.
07.11 / 09:32
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Dhanteras 2023: Is it 'shubh' to buy a house? What experts say
real estate on Dhanteras aligns with the concept of wealth accumulation and prudent financial planning. The act of buying a house on Dhanteras is akin to a well-considered financial decision with the potential to underpin long-term financial stability, added Anoop Kumar Bhargava.
07.11 / 09:23
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Bajaj Finance, Bajaj Finserv among 5 Nifty stocks with golden crossover pattern
Golden Crossover, a technical indicator that often elicits intrigue among stock market enthusiasts. On November 7, Tuesday, Trendlyne revealed that over 40 Nifty stocks had experienced the Golden Crossover.
07.11 / 09:03
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Emami under pressure on Q2 results; Should you buy, sell or hold the stocks?
Emami’s share price climbed 5% to Rs 545.25; however, it retreated 0.73% to Rs 515 a day after the company posted consolidated net profit for the second quarter of FY24 at Rs 178.50 crore, down 3.1% as compared to Rs 184.18 crore during the same period last year. It posted revenue from operations at Rs 864.87 crore, up 6.3% compared to Rs 813.75 crore during the second quarter of FY23. “The company demonstrated remarkable resilience in the second quarter and half-year ending on September 30th 2023, overcoming challenges such as poor monsoons, food inflation, and subdued demand in rural markets,” Emami said.
07.11 / 08:32
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Sunak to use king's speech to announce new system to award oil and gas licences
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07.11 / 08:32
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Ryanair forecasts record annual profit, promises regular dividend as fares soar
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07.11 / 08:31
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As the Bank of England puts rate rises on hold, what are the ups … and the downs?
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07.11 / 08:29
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Planning to buy gold this Diwali? These three tips will help you save money
Diwali just around the corner, it's important to avoid overspending on jewellery, and understanding how making charges on gold are calculated can help save money. Jewellery involves labour costs and all jewellers pass on this cost to the buyers in the form of making charges. Making charges are usually a percentage of the current gold price.
07.11 / 08:29
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Top Stocks To Buy Or Sell On 7th November | Vaishali Parekh's Recommendations | Market Set Up
Top Stocks To Buy Or Sell On 7th November | Vaisha... moreTop Stocks To Buy Or Sell On 7th November | Vaishali Parekh's Recommendations
07.11 / 08:29
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Mamaearth's parent Honasa Consumer share price dips after flat listing. Buy, sell or hold?
Stock market today: After flat listing on BSE and NSE, Mamaearth's parent Honasa Consumer share price further went down and touched intraday low of ₹322 apiece on BSE. According to stock market experts, Mamaearth IPO witnessed 'motivated investment' in second half of the last day of subacription. Hence, there can be sharp downside if no big investment comes into the stock after listing.
07.11 / 08:21
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Aarti Industries, JK Cement among 5 stocks with RSI trending up
Relative Strength Index (RSI). On November 6, Tuesday, StockEdge reported over 60 stocks showing upward momentum.
07.11 / 07:57
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As Delhi AQI shoots up, SC says schemes like odd-even for vehicles are mere optics
Delhi, Uttar Pradesh and Rajasthan governments to take steps to stop stubble burning. Following a meeting chaired by Delhi Chief Minister Arvind Kejriwal, it was announced that schools in the capital city have been directed to suspend physical classes, except for classes 10 and 12, until November 10 while the odd-even car rationing system will be enforced from November 13 to 20. The SC also came down hard on the tackling of stubble burning across north Indian states. «We want it (stubble burning) stopped.
07.11 / 07:25
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Retirement Planning: 5 effective ways to assist your retiring parents with their investments
Post-retirement investment management is as critical as during the employment years, especially considering the escalating health costs and the desire to sustain a certain standard of living in the years following retirement. Relying solely on a monthly pension may not always suffice, given the potential mismatch between funds and rising expenses.
07.11 / 07:10
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Atul announces Rs 50 crore buyback via open market. Share falls over 3%
Atul Limited's Board of Directors approved a share buyback worth Rs 50 crore at a buyback price of Rs 7,500 per share, the company informed in its filing to the exchanges. The pre-buyback holding of promoters stood at 45.06% as on November 3 which is expected to go up to 45.16% post the buyback. The stock fell 3.5% on the NSE following the announcement. On Tuesday, the board approved the buyback of fully paid up equity shares with face value of Rs 10 per share from the open market through stock exchanges. The price for the buyback will be payable in cash and it represents 1.20% and 1.19% of the total paid-up equity share capital and free reserves (including securities premium account) as per the audited standalone financial statements and audited consolidated financial statements for the financial year ended on March 31, 2023. The company will buyback shares from the equity shareholders and beneficial owners other than the promoters or promoter entities. At the maximum buyback size and the maximum buyback price, the indicative maximum number of equity shares to be bought back under the buyback will be 66,666 shares which represents 0.23% of the total number of outstanding equity shares of the company. Though the actual number of equity shares bought back during the buyback will depend upon the actual price of the share on the buyback date. The number of equity Shares bought back under the buyback will not exceed 25% of the total number of equity shares, the company filing said. The Board has also constituted a committee for the purpose of buyback. Atul is an integrated chemical company serving about 4,000 customers in 30 industries across the world, the company claims.
07.11 / 06:51
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RR Kabel shares jump 6% after Q2 profit more than doubles
RR Kabel jumped 6% to Rs 1,488.5 in Tuesday's trade on BSE after the firm's consolidated profit increased to Rs 74.1 crore in the July-September quarter, compared with Rs 35 crore a year earlier. Meanwhile, the company's revenue from operations surged 17.7% to Rs 1,609.7 crore in Q2 FY24 as compared to Rs 1,367.2 crore in Q2 FY23. The EBITDA in the quarter under review rose 92.7% to Rs 121.1 crore from Rs 62.8 crore in the same quarter last year. The margin was up to 7.5% in the June-September period as against 4.6% in the same quarter a year ago. «Throughout the past six months, RR Kabel has demonstrated a promising performance, marked by strong growth in our sales volume.
07.11 / 06:51
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Lux Industries shares surge 10% after Sebi revokes ban on 14 entities
Lux Industries jumped over 10% on Tuesday to the day's high of Rs 1,530 on the NSE following the Indian market regulator's decision to revoke the securities market ban imposed by it on 14 entities on account of alleged insider trading in the company. In a 10-page order by the Securities and Exchange Board of India (SEBI), the regulator said that the charges levelled against them could not be sustained. The 14 entities include Udit Todi, the son of the managing director of Lux, who is currently holding the post of executive director in the company, according to Sebi's order. In January 2022, SEBI, through its interim order had barred 14 entities from indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter.
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