Trade Financial News

Jupiter, a decentralized trading aggregator built on the Solana blockchain, has announced plans to conduct the airdrop of its JUP token in late January.

high of $45,000 for the first time since April 2022, bitcoin witnessed a sharp fall to trade at $42,685 on Wednesday, registering a 6 percent fall in 24 hours, CoinMarketCap data revealed. Following a high of $45,500 on Wednesday, bitcoin slipped to as low as $40,550, registering 10.9 percent fall before bouncing back to $42,200, revealed CoinDesk data. The unanticipated slide is seen as an outcome of jitters around the expected approval of a spot bitcoin ETF.

Intel on Wednesday said it was forming a new independent company around its artificial intelligence software efforts with backing from digital-focused asset manager DigitalBridge Group and other investors. Intel executives would not comment on the value of the deal or whether it would retain a majority stake in the new venture, other than to say the firm would have an independent board of directors and the chipmaker would remain a shareholder.

LONDON (Reuters) — Bond exchange-traded funds (ETFs) gathered an annual record of $300 billion of assets under management in 2023, BlackRock (NYSE:BLK) said on Wednesday, as investors were lured in by the highest yields in decades.

Burman family spokesperson on Wednesday issued a statement regarding the allotment of approximately 2.14 crore shares, constituting ~8% of Religare Finvest Limited (RFL), to Rashmi Saluja through Employee Stock Ownership Plans (ESOPs). The largest shareholder of Religare Enterprises Limited (REL) has said that the matter requires investigation in terms of compliance with SEBI Takeover Regulations. On Wednesday, ET had reported that a day after the Burman family announced an open offer to buy more shares to take control of the financial services conglomerate, Rashmi Saluja, executive chairperson of the company, acquired around 8% stake in its wholly-owned shadow bank Religare Finvest Limited (RFL), through an Employees Stock Option Plan (Esop) award. «It is unfortunate that a solitary executive has cornered significant quantum of remuneration through ESOPs at Religare Enterprises Limited (REL), Care Health Insurance Limited, and RFL, all without approval and requisite disclosure to REL shareholders,» the spokesperson said.

Investing.com — XRP was trading at $0.51772 by 07:10 (12:10 GMT) on the Investing.com Index on Wednesday, down 18.06% on the day. It was the largest one-day percentage loss since November 9, 2022.

Investing.com — U.S. futures traded lower Wednesday, with investors consolidating ahead of the release of the minutes from the December Federal Reserve meeting.

Quicker and cheaper than its larger rival Bitcoin, Tron has overtaken its rival as a platform for crypto transfers associated with groups designated as terror organisations by the EU, Israel, the US and other countries, according to a Reuters analysis.

By Harry Robertson and Rae Wee

By Nell Mackenzie

Shares of Bajaj Auto Ltd.(up 4.82 per cent), TVS Motor Company Ltd.(up 1.46 per cent) and MRF Ltd.(up 0.46 per cent) ended the day as top gainers in the pack. On the other hand, Samvardhana Motherson International Ltd.(down 2.95 per cent), Hero MotoCorp Ltd.(down 2.4 per cent), Tube Investments of India Ltd.(down 1.67 per cent), Maruti Suzuki India Ltd.(down 1.17 per cent) and Balkrishna Industries Ltd.(down 0.62 per cent) finished as the top losers of the day.

(Reuters) — U.S. stock index futures slipped on Wednesday, pointing to fresh losses on the second trading day of 2024, as Treasury yields extended gains ahead of data that could offer insights on the Federal Reserve's monetary policy easing plans.

₹1,304 in the initial trading hours on January 3. This surge followed the company's announcement of acquiring an Israel-based firm. The acquisition of Libra Merger Ltd marks Sun Pharma's second venture in Israel, following the notable acquisition of Taro Pharma.

DMart share price drops nearly 4% after Q3FY24 business update; what should you do? As regards Indian equities, in the medium-term, as per Bhattacharya said two positives which give strong and convincing basis for an optimistic view. The first positive is that India Inc’s balance sheet is in de-leveraged mode. It is operating at high-capacity utilisation.

Benchmark NSE Nifty closed 47.3 points down at 21731.4 amid selling in frontline bluechip counters. However, stocks such as Raj Rayon, IKIO Lighting, Azad Engineering, GIR Natureview and BDR Buildcon, touched their fresh 52-week lows.

high valuations and lack of further positive triggers, investors are expected to lower their return expectations from mid and small-cap equity mutual funds (MFs) in the calendar year 2024, reported Business Standard. Instead, they want investors to invest money in large cap equity mutual funds for better returns. Driven by inflows from foreign institutional investors, stable macroeconomic indicators, and robust earnings momentum, the domestic equity market reported its best annual return in calendar year 2023 since 2017.

SHANGHAI/SYDNEY (Reuters) — China's leading bubble tea makers including Mixue Bingcheng and Guming are rushing to apply for first-time share sales in Hong Kong as companies in the fast-growing sector expand aggressively amid fierce competition.

Investing.com -- U.S. stock futures point lower on Wednesday after a mostly downbeat start to 2024 in the prior session. Markets are now awaiting the publication of the minutes from the Federal Reserve's December policy meeting and, with it, potential clues into the central bank's interest rate path in the coming months. Elsewhere, sales of Tesla's (NASDAQ:TSLA) China-made cars soar in December, but Elon Musk's electric vehicle giant is still grappling with fierce competition in the country.

Stocks finished lower, with the S&P 500 down about 60 bps, led mostly by mega-cap tech and Apple (NASDAQ:AAPL).

The world of cryptocurrency has seen a surge in popularity over the past few years, with many investors turning to digital currencies as a way to diversify their portfolios. However, with the increasing number of cryptocurrencies on the market, it can be difficult to make informed investment decisions. This is where AI technology comes in.

₹71,253 crore in April-September. “That is the demonstration of everything that has happened this year, every distraction that has happened. We have just kept our heads down and focused on one thing we are good at.