Trade Financial News

A U.S. official says the Biden administration is opening an investigation into labor and human rights abuses in Nicaragua

China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost domestic business activity

benchmark indices closed flat on Tuesday, with blue-chip IT stocks gaining, while market participants exercised caution ahead of key inflation data from India and the United States due later in the week. The benchmark S&P BSE Sensex declined 1.59 points to settle at 81,510.05, while the broader Nifty 50 index closed at 24,610.05, lower by 8.95 points or 0.04%.

transaction growth, and business changes, according to a Sebi circular. Also, they have been asked to submit methodology details to Sebi within three months after approval from the Standing Committee on Technology (SCOT) and the Governing Board.

Adani Enterprises, Varun Beverages, Tata Motors were among 10 stocks that created the biggest, fastest and most consistent wealth over the last five years, according to a Motilal Oswal report, which defines this lot as the all-round wealth creators. Motilal Oswal's annual study on the leading wealth creators in India found that about 10 stocks including Adani Enterprises, Adani Green, HAL, Varun Beverages, Adani Power, Trent, Tata Motors, CG Power and Siemens created the best all-round wealth for investors.

European Union on Tuesday agreed to hold the first-ever ministerial strategic foreign policy dialogue soon to jointly navigate an array of critical challenges including geo-political tensions and Chinese belligerence in the Indo-Pacific and beyond. The decision to institute the strategic dialogue was taken during a phone conversation between External Affairs Minister S Jaishankar and his counterpart from the 27-nation bloc Kaja Kallas. In a post on 'X', Kallas, the EU High Representative for Foreign Affairs and Security Policy, said it was agreed to hold the first ministerial strategic foreign policy dialogue soon. The move to hold the dialogue comes months before India and the EU hold summit-level talks in New Delhi that is expected to see significant outcomes in terms of deepening of cooperation in a range of areas such as security, digital public infrastructure and trade.

With the Bank of Canada gearing up for its final interest rate decision of 2024, experts warn the flagging Canadian dollar could well have further to fall if the central bank delivers the sizeable cut that markets expect.

Sikko Industries Ltd.(up 3.38%), The Fertilisers and Chemicals Travancore Ltd.(up 2.62%), Chambal Fertilisers & Chemicals Ltd.(up 1.64%), Aries Agro Ltd.(up 1.38%), National Fertilizers Ltd.(up 1.33%), Krishana Phoschem Ltd.(up 1.31%), Southern Petrochemicals Industries Corporation Ltd.(up 1.20%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.99%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.86%) and Paradeep Phosphates Ltd.(up 0.81%) stood among the top gainers.

The NSE Nifty index ended the session 8.96 points down at 24610.05, while BSE Sensex 1.59 points to 81510.05.

Securities and Exchange Board of India (Sebi) on Tuesday enhanced its scope by making top 500 stocks available for the T+0 cycle. The scrips will be made available as of December 31, 2024. “Optional T+0 settlement cycle shall be made available to top 500 scrips in terms of market capitalization as on December 31, 2024. The scrips shall be made available for trading and settlement starting with scrips at bottom 100 companies out of the aforesaid 500 companies and gradually include the next bottom 100 companies every month till top 500 companies are available for trading in optional T+0 settlement cycle," a Sebi circular issued on Tuesday said.

On the BSE, VCK Cap Market(down 20.00 per cent), Olympic Cards(down 18.75 per cent), Sancode Technologies(down 10.00 per cent), Rajdarshan Ind(down 9.99 per cent) and Rose Merc. Ltd.(down 9.96 per cent) stood among the top losers in today's trade.

MOIL Ltd.(up 3.59%), Ashapura Minechem Ltd.(up 1.60%), Gujarat Mineral Development Corporation Ltd.(up 1.23%), Aro Granite Industries Ltd.(up 1.22%), NMDC Ltd.(up 1.02%) and Coal India Ltd.(up 0.02%) stood among the top gainers.

Domestic benchmark index NSE Nifty ended 8.96 points at 24610.05, while the BSE Sensex closed 1.59 points up at 81510.05.

Bajaj Consumer Care Ltd.(up 10.15%), Hatsun Agro Products Ltd.(up 7.58%), Emami Ltd.(up 3.21%), Hindustan Foods Ltd.(up 2.82%), Bikaji Foods International Ltd.(up 2.58%), Zydus Wellness Ltd.(up 2.44%), Tasty Bite Eatables Ltd.(up 1.80%), Euro India Fresh Foods Ltd.(up 1.72%), Colgate-Palmolive(India)Ltd.(up 1.61%) and Gillette India Ltd.(up 1.44%) stood among the top gainers.

Shares of LTIMindtree Ltd.(up 2.98 per cent), MphasiS Ltd.(up 2.49 per cent), Persistent Systems Ltd.(up 1.79 per cent), Wipro Ltd.(up 1.44 per cent) and HCL Technologies Ltd.(up 1.39 per cent) ended the day as top gainers in the pack.

Shares of Glenmark Pharmaceuticals Ltd.(up 1.89 per cent), Lupin Ltd.(up 1.4 per cent), Mankind Pharma Ltd.(up 1.03 per cent), Ipca Laboratories Ltd.(up 0.7 per cent) and J B Chemicals & Pharmaceuticals Ltd.(up 0.68 per cent) ended the day as top gainers in the pack.

These high-performing stocks that rallied more than 10% during the session included, The Phosphate Co.(14.94%), Vision Corp(14.03%), Remi Edelstahl(13.32%), Greenpanel Ind(13.20%), CWD L(12.91%), Forbes Precision Too(12.71%), Nalwa Sons Invst(12.38%), Mukta Agriculture(12.16%), Bhartia Bachat(12.14%) and Shivam Autotech(11.96%).

Shares of TVS Motor Company Ltd.(up 1.26 per cent), Mahindra & Mahindra Ltd.(up 0.52 per cent), Samvardhana Motherson International Ltd.(up 0.3 per cent), MRF Ltd.(up 0.24 per cent) and Tata Motors Ltd.(up 0.15 per cent) ended the day as top gainers in the pack.

Shares of Au Small Finance Bank Ltd.(up 1.74 per cent), Punjab National Bank(up 1.57 per cent), State Bank of India(up 1.11 per cent), IDFC First Bank Ltd.(up 1.0 per cent) and Canara Bank(up 0.64 per cent) ended the day as top gainers in the pack.

Canada the «51st state» of the US. This time, Trump dubbed Justin Trudeau as «Governor», a post referring to the executive head of a US state. He made the remarks on Truth Social, a social media network he owns, over a week after he attended a dinner with Trudeau at his Mar-a-Lago estate in Florida. «It was a pleasure to have dinner the other night with Governor Justin Trudeau of the Great State of Canada. I look forward to seeing the Governor again soon so that we may continue our in-depth talks on Tariffs and Trade, the results of which will be truly spectacular for all,» said the Republican leader.

Adani Power Ltd. 1.16 per cent to Rs 529.45 in Tuesday's trade as of 01:58PM (IST) even as the benchmark Nifty ruled at 24526.05, 92.96 points. The scrip had closed at Rs 535.70 in the previous session. The stock quoted a 52-week low of Rs 430.85 and a high of Rs 896.75. The company quoted a market-cap of Rs 204417.76 crore on the BSE.