Security Financial News

The great market inflation hedge of the pandemic era is officially over. 

Trump 's claim that he once told a NATO ally that he would encourage Russia «to do whatever the hell they want» to «delinquent» members of the group sent shockwaves through Europe over the weekend. But in Washington, most Republicans downplayed or defended remarks that seemed to invite Russian aggression.

police commissionerate of Gautam Buddh Nagar has released a traffic advisory due to the ongoing farmers' protest in Delhi. Intensive checking by both Delhi Police and Gautam Buddha Nagar Police will be conducted, with barriers installed on all borders from Gautam Buddha Nagar to Delhi. This advisory aims to manage traffic flow amidst the protests. Security Measures in Place Security in Delhi has been heightened with multiple layers of barricades, concrete blocks, and other obstacles at border points to prevent the entry of farmers participating in the 'Delhi Chalo' march. Police and paramilitary forces, equipped with anti-riot gear, have been deployed extensively at Singhu, Tikri, and Ghazipur border points.

BHEL), GMR Airports Infrastructure, NMDC, Punjab National Bank (PNB) and Union Bank of India. There will be no deletions, according to an MSCI release issued late Monday. PNB and Union Bank will be among the three largest additions to the MSCI Emerging Markets Index measured by full company market capitalisation. The third one is Midea Group Co from China.

sanctions, trade restrictions are proposed to be imposed on the listed companies. Besides this, the EU has recommended sanctions on over 110 individuals and entities, forming part of a broader package commemorating two years since Russia's invasion of Ukraine. Also Read | European Union looking to sanction Indian and Chinese firms over Russia dealings, says report The listed companies are primarily engaged in technology and electronics, as per the report.

Houthis fired two missiles on Monday at an Iran-bound cargo ship in the Red Sea, causing minor damage to the vessel but no injuries, U.S. military officials said. The early morning strikes appeared to be the first time the Houthis have targeted an Iran-bound vessel since starting attacks on international shipping in solidarity with Palestinians over the Israel-Hamas war in Gaza, shipping sources said. «Iranian-backed Houthi militants fired two missiles from Houthi-controlled areas of Yemen toward the Bab al-Mandeb,» U.S Central Command said on the social media site X, formerly known as Twitter.

Stock market today: On account of the sharp sell-off in PSU stocks, the Indian stock market gave up early morning gains and ended lower on Monday. The Nifty 50 index lost 166 points and closed at the 21,616 level, the BSE Sensex nosedived 523 points and finished at the 71,072 mark while the Bank Nifty index crashed 752 points and ended at the 44,882 level. In the broad market, the small-cap index crashed 3.16 percent whereas the mid-cap index tanked 2.62 percent.

Sensex plunged 523.00 points, or 0.73%, to close at 71,072.49, while the Nifty 50 settled 166.45 points, or 0.76%, lower at 21,616.05. Nifty 50 formed a long bear candle on the daily chart that placed it at the edge of the downside breakout of the crucial support of the uptrend line at 21,600 levels. Also Read: Indian stock market: 8 key things that changed for market overnight - Gift Nifty, inflation to Bitcoin price rally “The weakness in the benchmark Nifty was accompanied by a deep cut in the broader market indices like midcap and small-cap segments on Monday.

Dividend stocks: Shares of Gulf Oil Lubricants India Ltd, Dr Lal PathLabs Ltd, Orient Electric Ltd, SMC Global Securities Ltd, Indo Thai Securities Ltd, K.P.R. Mill Limited, Steelcast Ltd, Tube Investments of India Ltd, Tamil Nadu Newsprint & Papers Ltd, and Orbit Exports Ltd will be in focus when the stock market opens on Tuesday, February 13. The Board of Directors of these companies have declared interim dividend and shares buyback for their eligible shareholders.

F&O ban list: A total of 13 stocks have been put under the ban for trade on Tuesday, February 13, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

Israeli Minister of Transport and Road Safety, Miri Regev, paid tribute to the victims of the 26/11 terror attacks at Mumbai's Nariman House on Monday. After laying flowers at a column raised in memory of the 26/11 victims, the minister also interacted with members of the Indian Jewish community at the Keneseth Eliyahoo Synagogue. In one of the deadliest terror attacks to have been perpetrated on Indian soil, 10 members of Pakistan-based Lashkar-e-Taiba infiltrated India's commercial capital by the sea on the night of November 26, 2008, opening fire on unarmed civilians at some prominent public spaces across Mumbai.

Burman family, which is seeking to take over Religare Enterprises Ltd (REL), has accused the latter’s management of blocking its planned open offer in a letter to the Reserve Bank of India (RBI). Religare denied receiving any intimation from the central bank about any communication regarding this matter. REL led by chairperson Rashmi Saluja has sought to obstruct the applications that need to be sent to the regulators for changes in shareholding, control and management of REL, said the letter by the Burmans, promoters of the Dabur Group.

Unified Payment Interface (UPI) services were rolled out in Sri Lanka and Mauritius on Monday during a virtual ceremony attended by Prime Minister (PM) Narendra Modi and the top leadership of the two island nations, underlying New Delhi's leadership in the Indian Ocean Region. India's RuPay card services were also launched in Mauritius. Lankan President Ranil Wickremesinghe and PM Pravind Jugnauth of Mauritius were present on the occasion. Jugnauth said the co-branded RuPay card would be designated as a domestic card in Mauritius. Calling it a special day, Modi said, «Today we are connecting our historical relations in a modern digital way. This is proof of our commitment to the development of our people. Through fintech connectivity, not only cross-border transactions but also cross-border connections will be strengthened. India's Unified Payments Interface, that is UPI, is now performing a new responsibility — Uniting Partners with India.»

telecom department is facilitating a Shark Tank India-like funding mechanism for startups, particularly in next-gen technologies, as part of the country's efforts to create domestic technology majors. As per officials aware of the details, the DoT is acting as a mediator to introduce startups with the venture capitalists (VCs). «We want to provide exposure and funding opportunities to the MSMEs and startups to scale up. If the idea is good, the VCs will provide the requisite support,» an official privy to the details told ET.

«Global cues are muted as most of the Asian markets are closed for this week on account of Lunar New Year holidays, which kept global investors on side-line. Overall we expect the market to consolidate with negative bias in the near term,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Alex David, a leading executive in the independent broker-dealer industry, said Monday morning that he’s left Stifel Financial Corp., where he was president and CEO of the firm’s independent advisors group, to join Raymond James Financial Advisors Inc., the independent brokerage arm of Raymond James Financial Inc., as the director of its northeast division.

By Richard Cowan and Patricia Zengerle

(This Feb. 8 column has been corrected to change the type of company to 'an employer with fewer than 20 workers' instead of 'an employer with 20 or fewer workers,' in paragraph 6)

Modest gains in some corners of fixed income contrast with sharp losses elsewhere for year-to-date results with the broadly defined US bond market, based on a set of ETFs through Friday’s close (Feb. 9).

Almost a year after the mini banking crisis in the US, it is worth revisiting the episode. Was it just a tempest in a teacup? Was there really a systemic threat, or was it just a problem with a few banks? Should the interventions by the US Federal Reserve and Treasury worry or comfort us? Recall that three mid-size US banks suddenly failed around March 2023. The most prominent was Silicon Valley Bank (SVB), which became the second-largest bank failure in US history (after Washington Mutual in 2008).

India's quiet multifaceted diplomatic efforts through formal channels and informal talks, besides a meeting between Prime Minister Narendra Modi and the Emir of Qatar, helped New Delhi secure the release of eight Navy veterans who were sentenced to death last year. Achieving the release of the eight Indians, accused of spying for Israel, was a key item on the agenda of the Ministry of External Affairs since last year. The concerned division in the ministry and the Indian embassy in Qatar had worked quiet channels to gain the reprieve, ET has learnt. The presence of veteran Gulf hand as India's ambassador to Qatar — Vipul — helped New Delhi leverage several channels to successfully secure the objective, according to observers. Vipul served as the head of MEA's Gulf division before heading to Doha last year. Simultaneously, the National Security Council Secretariat led by NSA Ajit Doval worked on its channel of contacts in Doha. The matter was handled deftly, and secrecy was maintained till the veterans returned.