Show Financial News
03.08 / 07:49
Lowe's
SENSEX
show
share price
Share price of SRF falls as Sensex drops 619.49 points
SRF Ltd. dropped 0.59 per cent to Rs 2252.05 at 01:04PM (IST) in Thursday's trade.
03.08 / 07:39
Booking
CEO
Pool
love
show
star
electronic
Jail
Lawyers
Fried
Sam
FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong
Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”
03.08 / 07:13
UPS
Provident
Reuters
show
performer
cover
foreign
US Dollar likely to maintain its position against foreign currencies over next 3 months, says Reuters Survey
According to FX strategists surveyed by Reuters, the US dollar will maintain its position versus the majority of foreign currencies over the next three months because of predictions that interest rates would remain higher for longer due to the strength of the domestic economy. Despite net short dollar positions reaching their largest level since March 2021, the dollar has increased by almost 3% (DXY) after it reached its lowest point in more than a year on July 14 due to waning expectations for Federal Reserve interest rate reduction.
03.08 / 06:49
UPS
Strategy
show
MPs
Delhi ordinance bill can be stopped…, INDIA MPs on their strategy in the Parliament
MPs are hopeful that the Delhi ordinance bill can be stopped in the Rajya Sabha and BJP-led NDA government does not have a majority in the upper house. "They (government) have a majority in Lok Sabha, however, it's a different situation in Rajya Sabha. Therefore, we will discuss over it (Delhi services bill) and demand voting too.
03.08 / 06:49
Manufacturing
COMPOSITE
show
services
India's services PMI growth at 13-year high of 62.3 in July
Also Read: Morgan Stanley upgrades India to Overweight citing ‘less extreme’ valuations; downgrades China to Equal-weight "The resilience of the service sector underscores its vital role in fuelling India's economy, with the PMI results for July so far pointing to a notable contribution from the sector to overall GDP for the second fiscal quarter," noted Pollyanna De Lima, economics associate director at S&P Global Market Intelligence. Meanwhile, the manufacturing sector PMI dipped to 57.7 in July, data released on Monday showed.
03.08 / 06:47
UPS
Action
Gap
NIFTY
show
beautiful
Indian
NOT
Indian bull market not peaked out, use all dips as buying opportunity: Gautam Shah
«Honestly, in percentage terms, it is a 1% dip. We are so used to seeing a 100-point move on the Nifty being such a big thing, over the last decade that these days 200 points is basically close to a percent,» says Gautam Shah, Goldilocks Premium Research.The market first hit a pause button. And yesterday, for the first time after a gap of almost four-four and a half months, it did show signs of some reversal. How should one read into the recent price action? I think it is quite normal.
03.08 / 06:47
03.08 / 06:47
UPS
Lowe's
SENSEX
show
Indian
share price
Share price of Indian Hotels jumps as Sensex drops 220.1 points
Indian Hotels Company Ltd. gained 0.08 per cent to Rs 395.85 at 12:07PM (IST) in Thursday's trade.
03.08 / 06:47
Lowe's
Target
Action
show
Time
Chart Check: After over 100% rally from Aug 2022 lows, IDFC breaks out from Pennant formation; time to buy?
IDFC, part of the financial services industry, has more than doubled in the last 1 year from its 52-week low and has broken out from a Pennant formation on the daily charts which has opened room for the stock to hit fresh record highs. The stock witnessed a strong bounce back after hitting a 52-week low of Rs 56.85 on 2nd August 2022. The stock closed at Rs 120 on 1st August 2023 which translates into an upside of 111% in the same period.
03.08 / 06:31
UPS
Lowe's
SENSEX
show
share price
Share price of Crompton Greaves jumps as Sensex drops 113.58 points
Crompton Greaves Consumer Electricals Ltd. gained 2.62 per cent to Rs 294.3 at 11:47AM (IST) in Thursday's trade.
03.08 / 06:31
UPS
Booking
Chase
show
country
gone
India will outperform and here are 3 sectors where weightage has gone up: Devina Mehra
Devina Mehra, Chairperson & MD, First Global, says “in March end, I had said this is the time to get in, when the index was sub 17,000. It has obviously run up from there. There might be a pause, there might be some correction here and there, but the broad trend still remains.
03.08 / 05:35
UPS
Booking
Waters
Chase
show
performer
Time
Time to be a little bit greedy now; 4 stocks where Sanjiv Bhasin wants to chase new highs
Sanjiv Bhasin, Director, IIFL Securities, says “Tech Mahindra, HCL Tech and Persistent continue to be my three top picks there. But, right now, I am seeing more flavour in other players. Apollo Hospital, SBI Life, HDFC Life, BEL.
03.08 / 05:35
Reuters
Booking
Manufacturing
COMPOSITE
show
performer
services
India’s services activity books fastest growth rate in 13 years on strong demand: PMI data
India's dominant services sector continued its robust performance as total sales rose at the quickest pace since June 2010, PMI data released on Thursday showed. S&P Global's India services purchasing managers' index rose to 62.3 in July from June's 58.5. Analysts at Reuters had pegged a dip to 58.0.
03.08 / 05:03
UPS
Lowe's
NIFTY
show
PI Industries shares up 0.08% as Nifty drops
PI Industries Ltd. traded 0.08 per cent up in Thursday's trade at 10:25AM (IST). Around 2,474 shares changed hands on the counter.
03.08 / 05:03
COST
UPS
Lowe's
Manufacturing
show
country
NOT
World's biggest abortion pill maker has a dark India link it might not be able to shake
abortion pills, serving women from India to Mexico. The Washington DC-based nonprofit says it provides high-quality medicines, condoms and other reproductive health products at affordable prices. But almost one-fifth of the 30 million products DKT distributes annually for abortions and postpartum hemorrhage prevention come from an Indian company with a record of making substandard medicine.
03.08 / 04:51
UPS
NIFTY
TCS
show
performer
Bears
LIC throws up a challenge for FII bears. Will the contra bet pay off?
Life Insurance Corporation of India (LIC) used FII selling worth Rs 9,000 crore as an opportunity to load up tech stocks. An analysis of the June quarter shareholding pattern shows that LIC raised ownership in all the seven largest IT stocks in Q1 ahead of their troublesome report cards. Tech Mahindra, whose Q1 revenue declined 4.2% quarter-on-quarter in CC and missed estimates, saw the biggest quarter-on-quarter increase in LIC holding by 140 basis points to 9.47%.
03.08 / 04:51
show
Allahabad High Court allows ASI survey of Gyanvapi mosque
Gyanvapi mosque complex in Varanasi rejecting the Muslim side's plea of stopping the survey. The court has said that the survey of Gyanvapi mosque complex to start.
03.08 / 04:31
Strategy
show
Eicher Motors: Bullish to sideways
By Sahil SwaroopThe daily trend of Eicher Motors is bullish to sideways. The RSI for monthly, weekly and daily is showing sideways momentum.
03.08 / 04:31
UPS
Progressive
Action
Fighting
Fitch
show
Fitch’s US downgrade is stoking the very fight it warned against
Democrats and Republicans on Wednesday traded blame for the downgrade, with a group of hard-right conservatives promising to dig in during a looming spending fight that could shut down the federal government as soon as Oct. 1.
03.08 / 04:13
03.08 / 04:09
COST
UPS
Fitch
show
country
Fitch move spotlights US debt risk as recession fear fades
Fitch Ratings to downgrade US government credit has put a renewed focus on the nation’s debt trajectory, just when the world’s largest economy is shaking off forecasts for a looming recession. In the past week, Chairman Jerome Powell said the Federal Reserve is no longer expecting a US downturn, even after the most aggressive interest rate hikes in decades, and economists at Bank of America Corp. also scrapped their recession forecast.
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