Trade Financial News

31.10 / 11:47
markets Art security Analysis Research Trade Updates Stock market update: Sugar stocks down as market falls
Vishwaraj Sugar Industries Ltd.(up 3.70%), Ugar Sugar Works Ltd.(up 1.61%), Bajaj Hindusthan Sugar Ltd.(up 1.43%), Shree Renuka Sugars Ltd.(up 1.30%), EID Parry(India)Ltd.(up 1.15%), KM Sugar Mills Ltd.(up 1.09%), Rajshree Sugars & Chemicals Ltd.(up 0.73%), Rana Sugars Ltd.(up 0.58%), Kothari Sugars & Chemicals Ltd.(up 0.30%) and Dwarikesh Sugar Industries Ltd.(up 0.28%) stood among the top gainers.
31.10 / 11:35
Analysis WhatsApp Food Research Trade Experts Commentary Sensex falls! These stocks fell 5% or more in Thursday's session
On the BSE, Tanvi Foods(India)(down 10.73 per cent), Alfavision Over(down 10.43 per cent), Multipurpose Trading & Agencies(down 9.94 per cent), Brawn Biotech(down 9.68 per cent) and ISL Consulting(down 8.35 per cent) stood among the top losers in today's trade.
31.10 / 11:35
markets Digital Election community Trade Celebrity dance UK celebrates Diwali with hope for 'magic moment' to light candle on India FTA
Free Trade Agreement (FTA) with India and is building towards that magic moment, Britain's minister in charge of the Indo-Pacific said during a special Diwali reception in London. Catherine West, parliamentary under-secretary of state in the Foreign, Commonwealth and Development Office (FCDO), referenced the previous Conservative government's Diwali 2022 deadline to complete the FTA negotiations as she reiterated the recently elected Labour government's commitment to get the deal done. The FTA negotiations, which were paused for general elections in both countries, are aimed at significantly enhancing the estimated GBP 38.1 billion a year bilateral trading partnership. «As the new government, we're still extremely keen to be getting on with our trade deal, which was meant to be signed a couple of Diwalis ago. But we don't mind, what's a Diwali between friends,» said West, addressing the FCDO's gathering of parliamentarians, community leaders and professionals at Lancaster House to celebrate the Festival of Lights. «Our new Comprehensive Strategic Partnership is in the works, and all of these things go to building towards that magic moment where we light the candle on the free trade agreement. While I'm thinking of a lot of different things (this Diwali), it would be good to light the candle on that deal. Please pray for those negotiations, so we can have the light that goes on to the best positive feelings and the magic that you do get when you get a deal,» she said.
31.10 / 10:51
markets UPS Analysis Trade Experts AGRO Updates Stock market update: Fertilisers stocks up as market falls
Aries Agro Ltd.(up 3.53%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 3.03%), Mangalore Chemicals & Fertilizers Ltd.(up 2.78%), Paradeep Phosphates Ltd.(up 2.49%), Chambal Fertilisers & Chemicals Ltd.(up 2.09%), Madras Fertilizers Ltd.(up 1.69%), Coromandel International Ltd.(up 1.38%), Rama Phosphates Ltd.(up 1.18%), Nagarjuna Fertilizers and Chemicals Ltd.(up 1.06%) and Zuari Agro Chemicals Ltd.(up 0.68%) stood among the top gainers.
31.10 / 10:51
markets Analysis Research Trade Experts information reports Samvat 2080 Concludes: IT drags Sensex 553 points lower, but investor wealth soars by Rs 9 lakh crore
Sensex and Nifty closed lower on the last trading day of Samvat 2,080, weighed down by a decline in information technology stocks. However, a surge in Larsen & Toubro, which maintained its annual growth forecast, helped limit further losses. The 30-share BSE Sensex fell 553 points, or 0.69%, to close at 79,389, while the broader NSE Nifty dropped 135 points, or 0.56%, to finish at 24,205.
31.10 / 10:51
markets Analysis Food Research Trade Experts Commentary Sensex falls! But these stocks rallied over 15% on BSE in today's trade
stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Bio Green Paper(57.49%), Pharmaids Pharm(20.00%), KJMC Corp. Adv.(19.99%), KJMC Financial(19.98%), Trans Freight(19.97%), Gravity(India)(19.96%), AVI Products India (17.76%), Goodricke Group(17.62%), Lee Nee Soft(17.49%) and Suryo Foods Ind(16.53%).
31.10 / 10:37
markets Art Research Trade Experts recommendations Commentary Is the stock market open for Diwali tomorrow?
Equity markets will remain closed on Friday on account of Diwali. However, exchanges will conduct a special Muhurat Trading session for an hour between 6:00 pm and 7:00 pm. Muhurat Trading is a special one-hour trading session held on the occasion of Diwali, marking the beginning of the Hindu calendar year, Samvat 2081.
31.10 / 10:37
markets IPO Manufacturing Analysis Trade Experts Waaree Energies shares surge 80% over issue price post 12% gains today
Waaree Energies' shares zoomed 12% in today’s intraday session to a new record high of Rs 2,718, marking the fourth consecutive day of gains with strong trading activity. Following a strong debut at a premium of Rs 1,047 or 70%, the stock has surged over 80% from its issue price of Rs 1,503 per share.
31.10 / 10:37
markets Target Digital economy Election Trade performer Global economy set to cruise at a solid 3% growth rate next year
central banks implement a series of interest rate cuts against the backdrop of a strong U.S. economy, according to a Reuters poll of around 500 economists. Next week's hotly-contested U.S. presidential election could limit the growth picture, however, by re-writing the current rules around trade. Unexpected resilience that led economists to significantly upgrade their 2024 global growth forecasts since the beginning of the year is in large part thanks to the U.S. economy's performance.
31.10 / 09:39
markets UPS Digital security Analysis Research Trade Private sector banks, fixed income could outshine in a volatile market: Rajeev Thakkar
«I think fixed income will be a tough competitor to equity is my guess. Again, no one knows, but my guess is fixed income also has a reasonable chance,» says Rajeev Thakkar, CIO, PPFAS. Expecting it to be a better year? Rajeev Thakkar: Hopefully, yes. Better year, I am not so sure because last year returns have been one of a kind and it is very-very difficult to better that. If we eke out a reasonably positive year in the 12 months ahead, I think that would be good.
31.10 / 09:39
Analysis Research Trade Experts show performer STOXX 600 drops on tepid earnings, set for worst month in a year
index opened lower on Thursday, and was set to record its worst monthly performance in a year, while moves were mainly powered by a mixed bag of earnings. The pan-European STOXX 600 dropped 0.6% by 0812 GMT, falling to its lowest level in nearly two months.
31.10 / 09:35
markets COST Waters Trade reports Updates Commentary Dabur India: Is the worst behind after a miserable September quarter?
Subscribe to enjoy similar stories. It was a foregone conclusion that Dabur India Ltd’s September quarter (Q2FY25) results would disappoint, as the company’s business update earlier this month had already cautioned of a weak quarter. Unsurprisingly, Dabur’s shares reacted with only a muted response.
31.10 / 08:43
markets Action security Trade show stage innovations F&O action: Can new Sebi rules tame wild bulls of the derivatives market?
Subscribe to enjoy similar stories. Picture this: A financial markets trainer takes to the stage, looking at a large screen of flickering prices, and then immediately breaks into a dance, with a couple of hundred people in the audience joining him in an apparent money-making festival. If you thought this is a scene from a movie, it’s not.
31.10 / 06:35
Aware SUN Fighting economy Trade reports 2 women trade blows over MAGA hat, kicked off British Airways flight
British Airways flight earlier this week after a fight broke out over a “Make America Great Again” hat.The fracas went down at London’s Heathrow Airport Monday afternoon as passengers were getting set to board a flight to Austin, Texas, the London Standard reports.The unidentified women — one in her 40s and the other in her 60s — exchanged punches after one of the women demanded that the other take off the red baseball cap that was emblazoned with Republican presidential candidate Donald Trump’s MAGA slogan.When the women boarded the plane, the melee reportedly continued in the aircraft’s premium economy cabin, and they traded more blows.That’s when the captain of the plane called for help and both women were removed from the plane.A Heathrow source described the fight as “extraordinary.” They told The Sun: “Airline crew could not run the risk of a full scale punch-up at 30,000ft.”A spokesperson for London’s Metropolitan Police confirmed the incident to the media.“Shortly after 12.45pm on Monday, October 28, police at Heathrow were made aware of an incident involving two women waiting to board a plane in Terminal 5,” the rep told The Standard.“A woman in her 40s and a woman in her 60s made counter allegations of affray. Enquiries are ongoing.”British Airways said in a statement: “We apologized to our customers for the delay and got them on the way as quickly as possible.”Flight BA191 had been due to depart the airport at 12:10 p.m.
31.10 / 05:35
markets Analysis Research trends Trade Experts reports Canara Bank shares 0.24% as Nifty drops
Canara Bank traded 0.24 per cent in Thursday's trade at 10:35AM (IST). Around 352,801 shares changed hands on the counter. The scrip opened at Rs 103.00 and touched an intraday high and low of Rs 104.15 and Rs 102.50, respectively, in the session so far. The stock of Canara Bank quoted a 52-week high of Rs 129.35 and a 52-week low of Rs 76.05.
31.10 / 05:35
markets Analysis Research trends Trade Experts Commentary Rupee opens on flat note, rises 1 paisa to 84.07 against US dollar in early trade
rupee opened on a flat note and rose 1 paisa to 84.07 against the US dollar in initial deals on Thursday, as strong dollar and persistent foreign fund outflows dented investor sentiments. Forex traders said the rupee remained range bound as month-end demand kept the US dollar well-bid. Moreover, a muted trend in domestic equities weighed on the local unit, while any intervention by the Reserve Bank of India (RBI) may support the local currency at lower levels, they said.
31.10 / 05:35
security WhatsApp trends Trade Lupin shares 0.49% as Nifty
Lupin Ltd. 0.49 per cent to Rs 2168.10 in Thursday's trade. It hit a high of Rs 2196.25 and low of Rs 2157.25 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1796.42, while the 50-DMA was at Rs 2197.87. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
31.10 / 05:35
markets Analysis Election Trade Experts track Safe-haven gold on track for best month in seven
Gold prices climbed to a record high on Thursday and were headed for their best month in seven on safe-haven demand ahead of the U.S. presidential election, while investors awaited U.S. inflation report for clues on the interest rate path. Spot gold was steady at $2,786.89 per ounce, as of 0254 GMT, after hitting a record high of $2,790.15 earlier in the session. Prices have firmed 6% for the month so far.
31.10 / 05:35
markets UPS Analysis Research Trade Experts Updates Stock market update: Power stocks up as market falls
GE Power India Ltd.(up 5.00%), Transformers & Rectifiers(India)Ltd.(up 5.00%), Energy Development Company Ltd.(up 4.98%), GE Vernova T&D India Ltd.(up 4.28%), Karma Energy Ltd.(up 4.05%), Ravindra Energy Ltd.(up 3.27%), CESC Ltd.(up 3.25%), Tata Power Company Ltd.(up 2.64%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%) and Indowind Energy Ltd.(up 1.97%) were among the top gainers.
31.10 / 05:35
markets Analysis Research Trade Experts reports Updates Stock market update: Nifty Bank index 0.02% in a weak market
Bandhan Bank Ltd.(up 2.68 per cent), IDFC First Bank Ltd.(up 2.11 per cent), Au Small Finance Bank Ltd.(up 0.68 per cent), IndusInd Bank Ltd.(up 0.58 per cent) and Federal Bank Ltd.(up 0.26 per cent) were among the top gainers.

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