Strategy Financial News
12.11 / 07:35
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Man scammed on dating app, forced to pay ₹22,000 restaurant bill in Pune
₹22,000 restaurant bill in Pune. The man shared the incident on the X platform (foremrly Twitter) which has gone viral. The victim found a match on the Bumble app on 30 September this year.
12.11 / 06:25
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economy
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Celebrity
performer
PM Modi reaches Himachal Pradesh's Lepcha today to celebrate Diwali with security forces
Narendra Modi on Sunday reached Lepcha in Himachal Pradesh to celebrate Diwali with security forces. PM Modi donned a camouflage jacket and spent time with the security forces.
12.11 / 06:25
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Diwali 2023: To buy or not to buy - what should be your strategy for Muhurat trading?
BSE and the NSE will conduct the ‘Muhurat trading’ between 6:00 pm and 7:25 pm on Sunday, November 12. The Bombay Stock Exchange (BSE), Asia’s oldest stock exchange, has been conducting the Diwali Muhurat trading sessions since 1957. The NSE started this tradition in 1992.
12.11 / 06:25
Strategy
reports
Market capitalisation of top 10 companies decreases: TCS, Infosys see most erosion
₹23,417.15 crore last week, with Infosys and Tata Consultancy Services (TCS) facing significant declines, PTI reported. IT major Infosys recorded the most substantial drop, with its market capitalisation falling by ₹8,465.09 crore to ₹5,68,064.77 crore. While, fellow sector player TCS saw a decline of ₹6,604.59 crore in its market valuation, reaching ₹12,19,488.64 crore.
12.11 / 06:25
Digital
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Samvat 2080: ‘Indian economy poised for investment in equity, bonds and gold’
Also read: Diwali Muhurat Trading today: Timings, details & all you need to know Secondly, of notable significance, large caps earnings growth in H1 has been robust, with high double-digit growth of 30 to 35%, based on the Q2 results announced till date. Despite this impressive earnings performance, the stock performance of India& large-cap index, exemplified by the Nifty100, remains in the low double digits. Foreseeing a narrowing in the peer performance between mid to large caps over the next six months, we posit that large caps are positioned for superior performance.
12.11 / 05:43
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Buy on dips mode augurs well for Diwali Muhurat trading day: Anand James
Geojit Financial Services. Nifty having taken support at 19329, the recent reaction low on Friday, a buy on dips mode is in play, which augurs well for Muhurat day and for those worrying about a dip on the next day, he says. Edited excerpts from a chat:
12.11 / 05:43
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etmarkets
Learn With ETMarkets: A complete guide to risk management in stock investing
risk. You see, the stock market is known for its volatile nature. Some investors take advantage of this market volatility, while some struggle to keep up with it. For those who struggle with the roller-coaster ride of the stock market, experts often recommend diversification as a way to mitigate risk.
12.11 / 05:23
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Celebrity
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Diwali 2023: How to navigate and manage finances during festive season? Here are 6 ways
The festive season is upon us. It brings along joyful opportunities to celebrate and create cherished memories with loved ones. As we eagerly anticipate the festivities, there is always a little lingering worry about the expenses the festivals entail.
12.11 / 02:17
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Strategy
Experts
recommendations
Returns
Diwali 2023: Mutual fund experts unveil their investment strategy for alpha returns
Mutual fund investment: Diwali is considered an auspicious occasion to start a new investment. It is believed that such investments bring prosperity and sound financial condition.
12.11 / 02:17
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Strategy
Experts
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Returns
Diwali 2023: Why gold outshined stock market returns in last one year?
₹50,580 per 10 gm to ₹59,654 per 10 gm levels on Multi Commodity Exchange (MCX), logging to the tune of 18 per cent. Since Diwali 2022, silver price has ascended from ₹57,748 per kg to ₹70,025 per kg levels, registering more than 21 per cent rise in this time duration. However, comparing this return against key benchmark indices of Indian stock market, both precious metals have generated alpha return against Indian stock market.
11.11 / 20:03
11.11 / 18:31
Strategy
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President Biden Amplifies AI Safety and Security Measures with Executive Order
On October 30, 2023, President Joe Biden signed a pivotal Executive Order aimed at reinforcing the safety, security, and trustworthiness of artificial intelligence (AI) technologies in the United States. This directive is part of the Biden-Harris Administration's broader strategy to foster responsible innovation, ensuring that AI serves as a tool for enhancing public welfare, economic growth, and national security.
11.11 / 18:31
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Snowtrace to End Etherscan-Powered Service by Nov 30
On October 30, 2023, Snowtrace.io, a popular blockchain explorer tool dedicated to the Avalanche C-Chain, announced that it would be discontinuing its Etherscan-powered explorer effective from November 30, 2023 (00:00 UTC). This announcement came through a series of tweets from Snowtrace's official Twitter handle, @SnowTraceHQ. The Snowtrace team expressed their gratitude towards the Avalanche community (@avax) for their support over the last two years.
11.11 / 16:49
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economy
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Top investors warn of prolonged high interest rates and economic instability
Leading financial figures have raised concerns about the potential for continued high-interest rates and the resulting economic instability. At an investment summit on Tuesday, THL co-CEO Scott Sperling discussed the challenges posed by soaring interest rates and cautious consumer behavior. Despite anticipating a turbulent economy over the next 15 to 18 months, Sperling identified promising investment opportunities in sectors like generative AI and life sciences.
11.11 / 16:35
11.11 / 16:35
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Inverted yield curve stirs recession fears on Wall Street
Traders on Wall Street are facing increased volatility as an inverted yield curve, a phenomenon not seen since the Volcker era, has emerged, signaling potential recession concerns. The unusual condition where short-term borrowing rates surpass those of long-term loans has intensified the 'T-bill and chill' trade within the $26 trillion Treasury market. This development comes after equity benchmarks, which corrected in October, saw a turnaround with consecutive weekly gains this November.
11.11 / 16:13
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Inside
information
Marine Products Corporation ownership dominated by private companies and insiders
Marine Products Corporation (NYSE: NYSE:MPX) has recently disclosed its ownership structure, revealing a substantial majority held by private entities, including a dominant 56% stake by LOR, Inc. The private companies collectively possess 58% of the firm, granting them significant sway over its strategic decisions. This concentration of control comes to light as the company's shareholders received an update today.
11.11 / 15:55
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Baron Asset Fund outperforms Russell Midcap amidst market challenges
Amid a challenging market environment, Baron Funds' Baron Asset Fund reported a modest decline in the third quarter of 2023, with a 4.42% dip, yet it managed to outperform the Russell Midcap Growth Index, which fell by 5.22%. The fund's relative success was attributed to strategic stock selection and style biases, as well as a cautious approach towards high beta stocks, which tend to be more volatile.
11.11 / 14:36
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How researchers, farmers and brewers want to safeguard beer against climate change
In the face of human-caused climate change impacting water access and weather patterns in the Willamette Valley — a region known for hops growing — farmers are using all the new strategies they can get to stay afloat and provide for large and small bre...
11.11 / 13:17
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Diwali Special: Consumer Durable firms eye 30-40% sales surge during festive season; premium products to drive growth
With the ongoing festive season, consumer durable companies are anticipating growth in double-digits, between 30-40 per cent this year. “With the expected rise in demand for consumer appliances, we are committed to providing products that enhance convenience, efficiency, and overall quality of life. This year we are expecting a growth of over 30 per cent. Our experience during Onam in the South has been encouraging with significant growth in the Southern markets,” said NS Satish, President, Haier Appliances India.
11.11 / 13:17
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Warren Buffett’s Investment Philosophy That Can Make Your Regular Days Like Diwali
When it comes to making money in the stock market, one name stands out like a shining beacon of success – Warren Buffett. You may have heard of him, the “Oracle of Omaha,” but do you know what makes his investment strategy so special? Let’s dive into the world of Warren Buffett’s investment philosophy, and by the end of this article, you’ll have a clearer picture of the man behind the magic.
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