Trade Financial News

Going by this ratio, different countries in the world have different moments of overvaluation. Japan in 1997-90, Singapore in 1993-94 and again in 2006-07, China and India in 2007, UK in 2007 and 2014.

Q2 FY25 earnings season for Nifty 50 constituents showcased a mixed bag of performances across sectors, reflecting the dynamic interplay of macroeconomic conditions, consumer trends, and industry-specific challenges. While certain sectors like Pharma and Realty demonstrated robust growth driven by strong demand and operational efficiencies, others like Energy and Infrastructure faced headwinds in profitability. This period highlighted the resilience of companies adapting to inflationary pressures, evolving consumer preferences, and policy-driven catalysts.

Adani Group stocks bounced back on Friday after a previous day collapse, the ports-to-power conglomerate has seen some setbacks as a fallout of the indictment by US court. Here are 5 things which have gone against the group as a reaction to what happened:

Subscribe to enjoy similar stories. Boosting manufacturing is critical to India becoming an economic powerhouse. It now has a fresh shot at that with the election of Donald Trump, whose promise to levy sky-high import tariffs on Chinese goods could send more manufacturers to the South Asian nation.

retail sector will be in focus in the coming week, as Black Friday kicks off a holiday shopping season that could shed light on how buyers are grappling with higher prices. The benchmark S&P 500 rose 1.7% in the past week and approached all-time highs as investors digested the end of a solid third-quarter corporate reporting season. Earnings are on pace to have climbed about 9% from a year earlier.

Federal Reserve survey released on Friday. «Concerns over U.S. fiscal debt sustainability was the top-cited risk. It was noted that increased Treasury issuance could begin to crowd out private investment or constrain policy responses in an economic downturn,» the U.S. central bank survey found, while a potential weakening of the economy and possibility of a global trade war moved higher on the list of worries.

Adani Group stocks rebounded on Friday as traders found value in these shares battered the previous day by concerns over accusations of bribery and fraud against founder Gautam Adani, companies and executives by US prosecutors. Seven out of 11 stocks gained between 1-4% on Friday, but the group's market value eroded by another ₹10,300 crore at close. The sell-off on Thursday had led to the market cap falling by 15.7% or ₹2.24 lakh crore — the third-biggest fall ever.

family offices, made inquiries with foreign banks and bond dealers to buy Adani Group bonds as the instruments lost nearly 10 points in the aftermath of the US indictment in an alleged bribery case involving a locally listed unit of the infrastructure conglomerate. «Family offices were active in the market late Wednesday and Thursday, with trades worth about $50 million reported,» said a debt market source.

Now, bitcoin is at the doorstep of $100,000 and investors do not appear to be phased by gravity or any cautionary tales of the cryptocurrencies history of volatility.

Adani Group stocks recouped some of their losses on Friday. The NSE Nifty gained 2.4%, or 557 points, to close at 23,907. The BSE Sensex advanced 2.5%, or 1,961 points, to close at 79,117.

Adani Solar USA and Adani Green Energy Ltd India based on a complaint filed by a Chinese firm about alleged violations of its patents on solar cells, modules, panels, components and products made from such components. The United States International Trade Commission (USITC), earlier this month, said that an «investigation be instituted to determine whether there is a violation… of section 337 in the importation into the US, the sale for importation, or the sale within the US after importation of certain products identified… in infringement of one or more… patent and claims». The complaint, filed by Chinese photovoltaics company Trina Solar in September, claimed that an industry in the US exists or is in the process of being established. Besides the Adani companies, various firms of Chinese solar module maker Runergy will be investigated for the alleged infringement of intellectual property rights.

Westbridge Capital Management offloaded 2% of its holding in Nasdaq-listed software-as-a-service (SaaS) firm Freshworks during the July-September period, according to a filing made with the US Securities and Exchange Commission (SEC). The investor sold 275,000 shares of Freshworks during the quarter and currently holds a little over 4% stake worth $221 million in the California-based company. Freshworks’ shares last traded at $16.54 on Thursday – 34% lower than the company’s 52-week high price of $24.97.

DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company

markets regulator is proposing more diversified ownership of equity clearing corporations, which are currently fully owned by the country's exchanges. A clearing corporation is responsible for the confirmation, settlement and delivery of trades.

HCL Tech, from making an open offer for her proposed indirect acquisition of shares and voting rights in the company. This approval paves way for Roshni to take a larger ownership role in key entities that control HCL Technologies, a move aimed at ensuring smoother succession planning within the Nadar family.

Zomato will replace JSW Steel in the BSE Sensex as part of the index reconstitution which becomes effective from December 23. On Friday, BSE's wholly-owned subsidiary Asia Index Private Ltd announced reconstitution of several indices which also included BSE 100, BSE Sensex 50 and BSE Sensex Next 50.

fraud indictments, the group is yet to respond to the bourses. While there was no word from Sebi officials, experts pointed out the regulator will have to definitely look into it if there are any disclosure and other violations and take necessary action.

The report, which showed 43% of the brokers' willingness to increase tech budgets by 20%, was from the StockTech Survey 2024-25 by Association of National Exchanges Members of India Western Region (ANMI WIRC).

Subscribe to enjoy similar stories. Indian textile exports are showing signs of recovery in FY25, with demand from European markets playing a crucial role in boosting figures, according to data from the ministry of commerce and industry. Exports to Europe during the April-October period reached $5.66 billion, marking a 6.39% increase compared to $5.32 billion in the same period of FY24.

Shanghai Composite posting their biggest single-day losses since Oct. 9, dragged down by big tech firms' disappointing earnings and investors' fears over U.S. President-elect Donald Trump's future policies on China. The Shanghai Composite index closed 3.06% lower at 3,267.19.

Silver sales witnessed a sharp spike ahead of Dhanteras this year and investors were not just buying it in physical form but were also investing in ETFs (Exchange Traded Funds). Silver ETFs registered an unprecedented surge with the Assets under Management (AUM) growing by over four-fold to touch Rs 12,331 crore in October 2024, up from Rs 2844.76 crore in October 2023, said ICRA Analytics. The total number of folios under Silver ETFs increased by nearly 215% to touch 4.47 lakh in October 2024, up from 1.42 lakh in the same period last year. Net inflows grew by 24% at Rs 643.10 crore in October 2024, as against Rs 518.02 crore last year.