Research Financial News

09.05 / 02:45

markets Waves security Research trends Trade recommendations Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 9

Sensex fell 45.46 points, or 0.06%, to close at 73,466.39, while the Nifty 50 settled flat at 22,302.50. Nifty 50 formed a small positive candle on the daily chart with minor lower and upper shadows. Also Read: Indian stock market: 6 key things that changed for market overnight - Gift Nifty, rise in US bond yields to oil prices “Technically, this pattern indicates a formation of high wave type candle pattern, Normally, such high wave formation after a reasonable decline indicates chances of an upside bounce.

09.05 / 02:45

markets DOW Election Research Trade track recommendations Indian stock market: 6 key things that changed for market overnight - Gift Nifty, rise in US bond yields to oil prices

Sensex fell 45.46 points, or 0.06%, to close at 73,466.39, while the Nifty 50 settled flat at 22,302.50. “Consistent selling by FIIs, a mixed set of Q4 results, and lower turnout in the election kept investors wary. We expect the market to consolidate in a broader range amid nervousness surrounding the ongoing Lok Sabha election," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

09.05 / 00:47

Manufacturing Election Research Schools rights Centre eyes dedicated R&D wing under semicon research centre

government is planning a dedicated research and development (R&D) wing under the proposed India Semiconductor Research Centre (ISRC) that will focus on semiconductor research which can «quickly go into industrial production», sources told ET. «There is a need for both the private and public sector, especially in the semiconductor space to have full-time R&D personnel. The idea is to create an intellectual property right (IPR) driven manufacturing ecosystem. We might look at creating a structure where some of the R&D can be co-funded or in PPP mode,» a senior government official said.

08.05 / 21:59

UPS Waters Research show country reports More and faster: Electricity from clean sources reaches 30% of global total

A record 30% of global electricity was generated from renewables in 2023, according to a report released by Ember, a think tank based in London

08.05 / 21:57

Citi Research President country poker Courts Sporting Slow to expand, internet casino gambling is the future of US betting, industry execs say

Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos

08.05 / 21:57

economy Food Research wellness pandemic Trade reports Shopify's shares tumble on weak outlook after a very strong start to 2024

Shopify’s stock is poised to potentially tumble to an all-time low on Wednesday as the Canadian company gave a disappointing second-quarter forecast that includes easing revenue growth and thinner margins

08.05 / 19:49

markets FIVE Sustainability Research President show country New oral diabetes + obesity drug's India sales surge 100%

Novo Nordisk's oral semaglutide tablet, branded Rybelsus, is gaining popularity in India though doctors have cautioned against indiscriminate use of the drug approved for treating diabetes and also for weight reduction. Sales of the drug have more than doubled in the past year to ₹363 crore in April from ₹147 crore a year earlier, showed data from market researcher Pharmarack. Touted as a game changer for treating Type 2 diabetes, Rybelsus was launched in an oral form in India in 2022. The pill is marketed in three strengths (3, 7 and 14 mg), and is priced at about ₹10,000 a month.

08.05 / 17:55

markets UPS security Research recommendations rights Gold Prices Akshaya Tritiya 2024: Gold prices dip a bit ahead of festival — is this the right time to buy precious metal?

Catch the glitter: Silver up 11% YTD on import volume, likely to outshine gold in near-term; How should you invest? Ahead of the auspicious occasion, the precious metal price declined by ₹150 to touch ₹72,300 per 10 grams on Wednesday in Delhi, according to HDFC Securities. According to analysts, gold prices often experience fluctuations during the Akha Teej festive season in India.

08.05 / 16:09

markets Research wellness students country Colleges Sporting IIT-Madras raises ₹513 crore from alumni, other donors in FY24

₹513 crore in funding from its alumni, companies and individual donors in the financial year 2023-24, more than doubling it from ₹218 crore it had netted in the year before. In a statement on Tuesday, the institute said it has also received total new pledges of ₹717 crore from alumni and corporate partners in the financial year ended 31 March, 2024.

08.05 / 15:15

markets UPS Provident FIVE Career Research travelers Soon-to-retire couple needs $185,000 a year to meet their desired lifestyle

By Mary Teresa Bitti

08.05 / 13:33

UPS Food Research wellness Universities testing patient The quest for treatments to keep weight off after Ozempic

Aida Diaz sat down at a long table laden with fried chicken, french fries, salad and more. Pick what you want for dinner, researchers at Columbia University instructed the 27-year-old New Yorker. Diaz filled her plate with salad, a bit of canned tuna, and chicken, grilled, not fried.

08.05 / 13:33

markets COST Target Southern Research rowing Cement sector: 5 Key reasons why India Ratings maintains a neutral outlook for FY25 despite healthy demand

ACC, Ambuja Cements share prices have risen 23-46% in a year indicating strong investor confidence amidst firm demand outlook. India Ratings and Research however has maintained a neutral outlook on the cement sector for FY25.

08.05 / 11:37

markets COST Research DAL reports Non-veg thali turns costly in April as broiler chicken prices rise

₹27.4, while non-vegetarian thali became pricier by 3% to ₹56.3 a plate, rating agency Crisil said in its latest monthly report on Wednesday. Year-on-year, though, the cost of a vegetarian meal increased 8%, while that of non-vegetarian thali declined 4%. “Since November 2023, the prices of vegetarian and non-vegetarian thalis have been diverging.

08.05 / 11:37

Provident CEO Strategy Research show 2020 orienteering A glimpse into Prateek Agrawal’s revamp of Motilal Oswal AMC

Motilal Oswal Mutual Fund boasts of some top-performing funds. Its mid-cap fund has consistently delivered impressive returns over the past 10 years. But the fund house itself has been floundering for the last many years, with its growth style of investing taking a brutal beating.

08.05 / 11:37

UPS Citi Provident Enterprise Research information volunteers 'Zomato Giveback': Deepinder Goyal unveils India's 1st crowd-supported weather infrastructure

Zomato, provide localised, real-time information on key weather parameters such as temperature, humidity, wind speed, rainfall etc," he said. Currently available across 45 large cities, these weather stations will expand in other Indian cities “very soon". Goyal, in his post, said that the “rich data" from these weather stations hold significant potential in unlocking weather use cases for enterprises and research institutes.

08.05 / 11:11

Target Manufacturing economy Research performer shock International India F24 GDP growth likely hit 8%, to grow 7% in FY25: CEA Nageswaran

NEW DELHI : India's economy likely expanded at 8% through fiscal year 2024 (FY24), and growth in the current year is projected at 7%, V Anantha Nageswaran, chief economic adviser to the government, said on Wednesday. Speaking at an event organized by think tank National Council of Applied Economic Research (NCAER), Nageswaran said that for the Indian economy to register 7% or higher growth for the fourth consecutive year in FY25, “a lot would depend on the monsoons." "Right now, the expectations are that we will have an above-normal monsoon. But, spatial and temporal distribution (of rainfall) will matter," he said.

08.05 / 09:49

Sustainability Research students country Schools Sporting IIT Madras raises 513 crore from alumni, corporates and donors in FY 23-24

IIT-M) on Wednesday said it has raised Rs 513 crore in funding—more than double what was raised last year—from its alumni, industry and individual donors during 2023-24. The alumni did most of the heavy lifting, contributing Rs 368.19 crore, followed by the CSR segment contributing Rs 95.53 crore, with the rest coming from other sources. Additionally, the institute has attracted total new pledges worth Rs. 717.8 crore from alumni and corporate partners during FY24. The alumni have pledged Rs 455.6 crore whereas the CSR segment has pledged Rs 262.2 crore.

08.05 / 08:37

markets Entertainment security Election Research Experts cover ITC, HDFC Bank, Paytm among 300 BSE 500 stocks that are over 10% below their 52-week highs. Time to cut equity exposure?

One 97 Communications are the top losers in the index as they are down nearly 67 per cent from their 52-week high. Stocks such as SPARC, Zee Entertainment, Rajesh Exports and Delta Corp are down 54-56 per cent from their 52-week highs. Stocks such as Vodafone Idea (down 33 per cent), PVR Inox (down 30 per cent), YES Bank (down 30 per cent), Adani Total Gas (down 28 per cent), LTIMindtree (down 27 per cent), HCL Technologies (down 22 per cent), MRF (down 18 per cent), Bajaj Finance (down 16 per cent), Wipro (down 15 per cent), HDFC Bank (down 14 per cent) and ITC (down 12 per cent) have fallen more than 10 per cent from their 52-week highs.

08.05 / 06:33

UPS Target Extreme economy Sustainability Research India expects FY25 growth of more than 7%, chief economic adviser says

India needs 8-10% growth over next decade to reap demographic dividend: RBI However, April's RBI bulletin warned that extreme weather events and prolonged geopolitical tensions could lead to volatile crude oil prices and pose inflation risks. In an event hosted by the National Council of Applied Economic Research in New Delhi, the CEA said, "The omens are good for us to continue the steady growth rate".

08.05 / 03:59

markets Digital security Research wellness Schools Courts FTX files amended reorganization plan, expects $14.5 billion-$16.3 billion for distribution

FTX will have between $14.5 billion to $16.3 billion to pay its creditors and customers, according to an amended reorganization plan filed by the company on Tuesday in a U.S. bankruptcy court. FTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focused hedge fund controlled Sam Bankman-Fried, FTX Ventures businesses, and litigation claims.

08.05 / 03:59

markets security Research wellness Cycling performer Commentary etmarkets ETMarkets Smart Talk: NBFCs could lead next leg of bull run on D-St, explains Shrikant Chauhan

“In the next bull run, I guess that NBFCs might perform well. Fundamentally, upside potential is a minimum of 15% to 20% in most of the NBFCs,” says Shrikant Chauhan, Head of Equity Research, Kotak Securities. In an interview with ETMarkets, Chauhan said: “If the interest rate cycle starts turning downward in the 2nd quarter of FY2024 then there could be a specific buying interest in the sector,”. Edited Excerpts: Markets have started picking momentum after the initial fall despite geopolitical concerns. What is your take on markets? Shrikant Chauhan: Post some dip in March 2024, the equity markets have regained momentum. India’s macro-economic data points like GST collections and manufacturing & services PMI have been healthy.

Research Financial News

popular questions about Research

What is Research and why is it relevant?

Where can I find the latest updates on Research?

How can I verify the accuracy of information on Research?