Research Financial News

Shares of Apple (NASDAQ:AAPL) fell 1.5% in premarket trading Tuesday following reports that the iPhone maker saw sharp sales declines in China’s smartphone market during the first six weeks of 2024.

BSE, RK Swamy IPO subscription status was 3.85 times, with retail portion subscribed 13.41 times, as of 1:15 pm on Tuesday, March 5. RK Swamy IPO subscription status was 2.19 times, as per BSE data, on the first day. RK Swamy IPO opened for subscription on Monday, March 4, and it will close on Wednesday, March 6.

BlackRock sees India and Indonesia as two Asia-Pacific countries offering a lot of investment opportunities, its head of research for the region said on Tuesday. Manjesh Verma, BlackRock Head of APAC Credit and Fixed Income Research, at an investment forum in Jakarta said the two emerging market countries were advantageous due to their large populations.

Stock market today: Platinum Industries share price today listed on BSE and NSE at a robust 31 percent listing premium. After a strong debut on Dalal Street, Platinum Industries shares extended its gains and went on to touch an intraday high of ₹236.25 apiece on NSE and ₹237 per share on BSE. However, the newly listed stock couldn't sustained at higher levels after the profit-booking trigger.

Ujjaini Mahankali temple in Secunderabad, Telangana. Later, the Prime Minister will inaugurate and lay the foundation stone of development projects worth more than Rs 6,800 crores. These projects encompass multiple key sectors like road, rail, petroleum and natural gas. According to the Prime Minister's Office, the PM will inaugurate and lay the foundation stone for three National Highway projects.

Do keep in mind that the section 80C benefit is only available for those opting for the old tax regime. Also read: Tax-saving guide for FY 2023-24

UK, Canada, and Australia are having a significant impact on prospective student demand for study in those countries, according to a report by ICEF Monitor. IDP's latest research, «The Voice of the International Student,» conducted in January 2024 across 67 countries with 2,500 student participants, shows that a lot of students are thinking twice about studying in the UK, Canada, and Australia. Meanwhile, the United States seems to be becoming more attractive among students. Are you immigration ready? Find out The prospective student demand for Canada, in particular, is dipping dramatically, while interest in the US increased significantly in 2023, according to a report by Studyportals.

Bitcoin rallied to a two-year high on Monday, breaking above $68,000 as a wave of money carried it within striking distance of record levels. The price hit a session high of $68,580 and was last at $68,161. Bitcoin hit a record $68,999.99 in November 2021.

public market rally despite high stock valuations has made the promoters of Hyderabad-based Sai Life Sciences explore an initial public offering as an alternative to their original plan of roping in a private equity investor, people in the know said. A public listing would also give an exit route to existing financial investors including TPG Capital, the people said. The sole contender for the stake, Bain Capital, also has been re-evaluating its plan, especially due to the $800 million to $1 billion (₹6,500-8,300 crore) valuation that the promoters, the Kanumuri family, have been expecting for the pharmaceutical contract research, development and manufacturing organisation, they said.

Exicom Tele Systems IPO: The listing date of the initial public offerings (IPO) of Exicom Tele-Systems Limited has been fixed on 5th March 2024 i.e. today. As per the information available on the BSE website, Exicom Tele Systems share price will be listed on BSE and NSE in a special pre-open session during Tuesday dealings.

Platinum Industries IPO: The listing date of the initial public offerings (IPO) of Platinum Industries Limited has been fixed on 5th March 2024 i.e. today. As per the information available on the BSE website, Platinum Industries share price will be listed on BSE and NSE in a special pre-open session during Tuesday dealings.

Pakistan will attempt to keep his popularity in check, but it remains to be seen for how long they can hold him off. Well, just don't take our word for it. LiveMint spoke with various international observers on the subject and almost all were unanimous in their opinion that Imran Khan's popularity will haunt the Army and the new government in Pakistan for a while.

«The broader market could remain under pressure given the profit booking and adverse advance-decline ratio. Hence we suggest traders be very selective in mid/small caps,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Elon Musk last Thursday filed a lawsuit against ChatGPT maker OpenAI – a company he helped to found – and its chief executive Sam Altman. What’s behind the sparring? ET explains. What does Musk’s lawsuit say?

NARCL) has offered lenders base bids for the bad loan accounts of Hitodi Infra, Sion Panvel Tollways and Morarjee Textile with total consolidated debt of more than ₹4,000 crore. Based on binding bids from the government-backed bad bank, lenders have initiated a Swiss challenge auction for Hitodi Infra. The lenders, including Bank of Baroda, ICICI Bank, Axis Bank, Bank of India, IDBI Bank and State Bank of India, have appointed BoB Capital as the process advisor. NARCL has offered ₹465 crore for the outstanding loans of ₹2,101 crore. The lenders have asked bidders to either bid in all cash or on a cash-and-security receipt basis. NARCL buys debt under a 15:85 structure where 15% is paid in cash and 85% in security receipts. The minimum markup will be 5% of the anchor bid. The Swiss auction will be held on March 26.

More than four in ten U.S. households (42%) own individual retirement accounts, amounting to 55.5 million households.

In a strategic move to empower financial advisors in the rapidly evolving alternative investments sector, Fidelity Investments has unveiled a comprehensive update to its support and research capabilities.

Bitcoin rallied to a two-year high on Monday, breaking above US$65,000 as a wave of money carried it within striking distance of record levels.

The blue-chip NSE Nifty50 index added as much as 0.28% to a new record high of 22,441, before settling 0.12% higher at 22,405.60. The BSE Sensex rose 0.09% to 73,872.

China on Monday signed a defence cooperation agreement with the Maldives to provide free military assistance to foster «stronger» bilateral ties with Male, weeks after President Mohamed Muizzu set a deadline for the withdrawal of the first group of Indian military personnel from his island nation. The Defence Minister of the Maldives Mohamed Ghassan Maumoon met with Major General Zhang Baoqun, Deputy Director of the Office for International Military Cooperation of China, to discuss enhancing defence cooperation between the two countries. Maumoon and Major General Baoqun «signed an agreement on China's provision of military assistance gratis to the Republic of Maldives, fostering stronger bilateral ties,» the Maldivian defence ministry posted on its X handle. The details of the defence cooperation agreement were not provided.

Sarbananda Sonowal laid the foundation stone for the second Ayurvedic College of Assam. Sonowal also laid foundation stones for construction of two 50 bedded Ayush hospitals at Mowamarirjhar in Kokrajhar and at Silbari in Baksa, virtually from here. The new college will be developed with an estimated cost of Rs 70 crores. The Ministry of Ayush approved the proposal for establishment of Ayurvedic College at Dudhnoi in Goalpara in 2022-23. It is to be noted that the first Ayurvedic College was established way back in 1948 in Guwahati by Bharat Ratna Lok Priya Gopinath Bordoloi. The 50 bedded Integrated Ayush hospitals will be developed with an investment of Rs 30 crores. The college will have one G+3 College building, one boy’s hostel, one girls hostel, staff quarter, principal’s quarter, among other equipment, furniture, books etc. The college, which will be adjacent to the Integrated Ayush Hospitals, inaugurated by Sarbananda Sonowal in July, 2023, will be developed in 93 bighas of land. The state PWD will be executing agency and will be completed within 30 months.