Research Financial News
22.11 / 05:29
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Rupee trades in narrow range against US dollar in early trade
foreign portfolio outflows. The US dollar strengthened in the overseas market and Brent oil continued to move up as fighting between Ukraine and Russia continued to gain investors' attention. Moreover, foreign institutional investors have continued their equities selling mode and kept the dollar well bid.
22.11 / 05:29
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Ambuja Cements shares 2.51% as Sensex rises
Ambuja Cements Ltd. traded 2.51 per cent at Rs 495.90 at 10:48AM (IST) on Friday, even as BSE benchmark Sensex 399.77 points to 77555.56. The stock had settled at Rs 483.75 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 706.85 and Rs 408.60, respectively.
22.11 / 05:29
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ACC shares 2.63% as Sensex rises
ACC Ltd. traded 2.63 per cent in Friday's session at 10:44AM (IST). The stock opened at Rs 1985.95 and has touched an intraday high and low of Rs 2085.00 and Rs 1985.95, respectively, during the session so far. The stock quoted a 52-week high of Rs 2843.00 and a 52-week low of 1803.80. About 10,880 shares changed hands on the counter so far.
22.11 / 03:59
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Stocks to buy today: ABB, Federal Bank among top 10 trading ideas for 22 November 2024
The India VIX climbed 2.09% to close at 15.99 on Thursday, indicating heightened caution. FII selling pressure continues, as the Long-Short ratio hovers around the 25% level.
22.11 / 01:33
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Asian stocks, Bitcoin up after Wall Street climbs
Wall Street as investors shook off initial concerns over Nvidia Corp.’s revenue outlook. Bitcoin edged closer to $100,000 while the dollar gained. Shares in Australia and Japan advanced. An index of US-listed Chinese stocks fell 1% Thursday, running against the grain of trading in New York but partly reflecting selling in Hong Kong stocks in their most recent session.
22.11 / 00:35
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How the North is shaping India’s ‘smog economy’
Subscribe to enjoy similar stories. As the air quality index breaches hazardous levels all over the region, residents of Delhi-NCR and other major cities are working from home, while schools have already moved to online classes. Outdoor activities that usually rise in winter months, including dining out and shopping in high-street shopping districts, have fallen across major cities.
22.11 / 00:35
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EV sales fall off a cliff in Delhi amid pollution emergency
Subscribe to enjoy similar stories. No incentive, won’t buy. That appears to be the message coming through from dismayed consumers in Delhi after the state government failed to renew road tax and registration benefits on electric cars and two wheelers this September.
21.11 / 16:49
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Ahead of Market: 10 things that will decide stock market action on Friday
stocks after a US court indicted Chairman Gautam Adani and several others in a $250 million bribery case. While the S&P BSE Sensex closed at 77,155.79, down by 422.59 points or 0.54%, the broader Nifty50 finished at 23,349.90, lower by 168.60 points or 0.72%. Here's how analysts read the market pulse: Commenting on the day's action, analyst Jatin Gedia, who is Technical Research Analyst at Sharekhan said that the daily charts suggest that the Nifty witnessed follow-through selling pressure from the previous trading session. «It has breached the low of 23350 and is now heading towards 23180. On the upside 23500 which is the 20-day moving average shall act as an immediate hurdle zone from a short term perspective,» Gedia said.
21.11 / 14:21
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What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?
Two television networks with “NBC” in their names — MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year
21.11 / 14:21
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US ahead in AI innovation, easily surpassing China in Stanford's new ranking
The U.S. leads the world in developing artificial intelligence technology, surpassing China in research and other important measures of AI innovation, according to a newly released Stanford University index
21.11 / 13:25
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India's cotton production is plummeting. Here's what that means for your wardrobe
Subscribe to enjoy similar stories. Gagandeep Singh feels he is on the edge, with no solutions in sight. A farmer from Sirsa, Haryana, Singh had planted cotton on 20 acres this summer.
21.11 / 13:03
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The Trump stock euphoria starts to fade
Subscribe to enjoy similar stories. Can the postelection market rally continue? Some on Wall Street are skeptical. Investors cheered the unexpected Republican sweep of the presidency and both houses of Congress, salivating over the potential for new pro-business policies.
21.11 / 12:59
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SINE, IIT Bombay to scale up the number of startups it supports four-fold to 1,000 over the next 10 years
business incubator of Indian Institute of Technology Bombay (IIT Bombay), plans to scale up the number of startups it supports over four-fold to 1,000 over the next 10 years, the institute said in a statement on Thursday. To give further impetus to its 4X scale up plan over the next decade, SINE plans to launch a Rs 100 crore Venture Capital (VC) fund to support deep tech start-ups and those in areas of national importance. Post finalisation and receipt of regulatory approvals, SINE aims to approach IIT Bombay alumni to raise subscriptions for the proposed fund. The fund will focus on science, biotech, space, defence, and other national priority sectors to drive innovation. “To have a scale impact, India needs to go from 100 startups per million population to 1,000. By leading the way, SINE hopes to emerge as an innovation and entrepreneurship powerhouse focussed on democratising entrepreneurship and providing quality access to coaching, capital and connects to customers and the ecosystem,” said Shaji Varghese, CEO, SINE.
21.11 / 12:59
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Indian School of Business receives CSR gift of Rs 30 crore from Ramoji Foundation
Indian School of Business (ISB) has received a CSR gift of Rs 30 crore from the Ramoji Foundation towards aiding infrastructure development at the school’s Hyderabad campus, the institute said in a release on Thursday. The funds received through this gift will support the construction of a state-of-the-art 430-seater auditorium as part of the upcoming Executive Centre. Upon completion, the facility will boost the school’s capacity to host international conferences, research seminars, distinguished lectures, and other academic events. Harish Manwani, Chairperson of the ISB Board, said in a statement: “The largesse of our donors has played an important role in ISB's ability to stay true to its vision of being a world-class institution for learning and research. We are grateful for this contribution from Ramoji Foundation that will go a long way in sustaining the top-notch infrastructure that enables ISB in this endeavour.”
21.11 / 12:43
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Women over 50 heavily unrepresented in investment management workforce
According to the IA's Culture, Talent and Inclusion report, there is an 18% gap between the proportion of 50–64-year-old women and men working in the investment management industry, with women from this age bracket accounting for just 8% of the workforce. This is larger than the industry-wide discrepancy between male and female employees overall, which stands at 53% and 41%, respectively. The IA's research showed that increasing care responsibilities for children and aging parents begin to impact women over 35, and the menopause is thought to be an impact on middle-aged women's abil...
21.11 / 12:01
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Can houseplants clean your air better than air purifiers? Read to find out
Clean Air Study, which suggested that certain houseplants could remove harmful pollutants like benzene and formaldehyde from the air. This research creates a picture that indoor air quality can be improved by adding plants to your space.
21.11 / 06:25
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How to maximize the surprising upsides to aging
Subscribe to enjoy similar stories. It turns out there’s science behind the old saw “the older you get, the wiser you are." Laura Carstensen, founding director of Stanford University’s Center on Longevity, says research has made surprising discoveries about the way older people view their lives. With fewer “what-ifs," they appear to gain more clarity on their place in the world.
21.11 / 04:23
markets
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Hot Stocks: Brokerage sees 18-20% in Paytm & Eicher Motors; Investec sees over 50% upside in Adani Energy
Investec has initiated coverage on Adani Energy with a «Buy» recommendation, citing significant opportunities in the transmission and smart metering segments.
21.11 / 03:37
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Thousands of University of California workers go on 2-day strike over wages, staff shortages
Thousands of University of California workers on Wednesday began a two-day strike to protest what they say are unfair bargaining tactics by the university system
21.11 / 00:53
markets
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BoB, Axis plan to raise Rs 6,500 crore via bond issues
Bank of Baroda and Axis Bank are considering raising funds totalling ₹6,500 crore through bonds to boost their capital base, said market sources. State-run Bank of Baroda will likely offer tier-2 bonds worth ₹3,500 crore for 15 years, while private lender Axis Bank is looking at raising ₹3,000 crore through tier-1 bonds.
21.11 / 00:35
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Fewer stocks suffer deep cuts in the current selloff
small-cap stocks appear to have held up better in the recent risk-off sentiment than on other similar occasions in the past. An ET study comparing the current selloff with some previous ones showed that the number of stocks that fell over 30% amid the current 10% decline in the Nifty since September 27 is lower than in earlier instances. The study compared how many stocks fell by what extent whenever the benchmark indices fell at least 10% from their highs. In the past decade, the Nifty has fallen at least 10% from its highs on at least six occasions (including the current one). In most of these instances, more mid-cap and small-cap stocks have fallen at least 30% than in the ongoing declines.
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