Reports Financial News

Asian shares are mostly rising in morning trading, as investors watched for the latest indicators on inflation

Asian shares have gained in morning trading, as investors awaited an update on U.S. consumer inflation that might help set the Federal Reserve's policy on interest rates

Stocks that traded heavily or had substantial price changes on Monday: Trimble, CymaBay Therapy rise; Big Lots, Monday

Inflation may have fallen below a 3% annual rate last month, which would be the lowest level in nearly three years and a potentially significant milestone as the Biden administration seeks to bolster Americans’ views of the economy before the November ...

Switzerland’s main Jewish organization has denounced an antisemitic sign put up at a local ski shop near Davos, barring Jews from renting equipment from the store

A federal judge in Chicago has sentenced a former chief of staff to longtime Illinois House Speaker Michael Madigan to two and a half years in prison for lying under oath to a grand jury to protect his once-powerful boss

Authorities say Yemen’s Houthi rebels have fired missiles at a ship bound for a port in Iran, causing minor damage but no injuries to its crew

Marico Ltd. rose 0.1 per cent to Rs 526.05 in Tuesday's trade. It hit an intraday high of Rs 528.5 and low of Rs 522.8, respectively, during the day. The stock quoted a 52-week high price of Rs 595.0 and low of Rs 462.95.

hiring intent in India is up 6% year-on-year in the first six months of 2024, according to the latest Career Outlook Report prepared by TeamLease EdTech, a learning and employability solutions provider. The fresher hiring intent is at 68% as against 62% in HY1 of 2023. According to the report, hiring intent is a measure that represents the percentage of employers likely to hire fresh graduates during the six-month time period under consideration.

LTIMindtree Ltd. 0.0 per cent to Rs 5517.05 in Tuesday's trade. It hit an intraday high of Rs 5536.2 and low of Rs 5466.0, respectively, during the day. The stock quoted a 52-week high price of Rs 6442.65 and low of Rs 4130.3.

United Arab Emirates(UAE). Government employees in Dubai has been asked to work from home till 13 February, Tuesday. UAE's educational authority has also declared the continuation of distance learning in all government schools on February 13.

NHPC in response to the third-quarter results of the Indian public sector hydropower provider. With an increased target price of ₹91, up about 6% from the prior target price of ₹86, JM Financial is still recommending NHPC as a "buy." Additionally, the brokerage believes that the stock has over 12% potential.

Mumbai Airport to reduce scheduled flights and restrict the movement of business jets during peak hours, aiming to alleviate congestion and improve on-time departures, the Economic Times reported. The decision is expected to impact around 40 flights and disrupt the operations of private jets frequently used by top business houses in the country. The Airport Authority of India (AAI), responsible for air navigation services, has directed the airport to decrease aircraft movement from 46 to 44 during rush hours and from 44 to 42 during non-peak hours.

₹1,063.40 apiece on the BSE. On Monday, Bharat Forge stock price plunged over 14% after the forging company reported its December quarter results. In two days, the stock has fallen over 19%.

illegal firecrackers warehouse operating from a residential area at Tripunithura near here a day ago, police said on Tuesday. Sajeesh Kumar, Rajesh and Sathyan, who are the president, secretary and the treasurer of the Puthiyakavu Devi Temple, respectively, and Adarsh, the firecracker contractor, were arrested and remanded to custody on Monday evening, police said. An officer of Hill Palace police station said that an investigation into the incident has revealed the involvement of several other officials of the temple and therefore, more arrests are expected soon.

Hindalco Industries tanked 14% to the day's low of Rs 501.10 on the NSE on Tuesday after its US-based subsidiary Novelis lowered its returns guidance for Bay Minette project to double digits from an earlier mid-teens. The company also announced an additional capex for the project which came as a shocker for the Street. On Monday, Novelis reported net income at $174 million which was up 81% year-on-year (YoY) though it excluded special items, the company filing said. The adjusted EBITDA was reported at $454 million which was up 33% YoY. The company reported net sales at $3.9 billion for the third quarter of fiscal year 2024, which decreased 6% versus the prior year period driven by lower average aluminum prices as shipments were in line with prior year levels.

Page Industries Ltd. gained 0.29 per cent to Rs 36188.0 in Tuesday's session as of 11:32AM (IST) even as the equity benchmark Sensex traded 423.36 points higher at 71495.85. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 43599.0 and a 52-week low of Rs 34968.6 on NSE. Around 94 shares changed hands on the counter till 11:32AM (IST).

Russian crypto mining efforts suffered a setback last week, with police closing two large, illegal data centers.

Ethereum Exchange-Traded Fund (ETF), becoming the eighth player in the market seeking approval for a similar product, Reuters reported. This January, in a significant development for the cryptocurrency industry, the United States Securities and Exchange Commission (US SEC) approved 11 spot Bitcoin ETFs in January. This marked a watershed moment, fulfilling a decade-long demand for regulatory approval within the crypto space.

artificial intelligence (AI) computing. Track | Our Markets LIVE coverage here Nvidia rose almost 0.2 percent, closing with a market value of about $1.78 trillion. While Amazon fell 1.2 percent, it ended with a closing valuation of $1.79 trillion.

‘Delhi Chalo’ protest on Tuesday. This came amid comprehensive preparations by police in Haryana and Delhi, which have orders to stop them from entering the national capital. Videos shared by news agencies showed that vehicles were stuck in traffic jams at the Delhi-Gurugram border due to the restrictions on vehicular movement along the borders including Singhu, Shambhu, and Ghazipur.