Trade Financial News
15.10 / 19:31
15.10 / 18:43
15.10 / 17:37
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SUI Price Forecast: Allegations of $400M Insider Sales Loom Over 120% Rally – What’s Next?
Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.
15.10 / 17:37
Blockchain
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Comet Space Unveils Poomb Creatures: A Web2 + Web3 Game with Tap-to-Earn 2.0 and Physical Mining Toy
Mao is the Editor for Partnerships and Sponsored Content at Cryptonews. With five years in the crypto industry, she collaborates with partners to bring the latest updates and insights to our readers.
15.10 / 17:37
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Is Uphold the Ultimate Platform for Crypto Traders This Uptober?
Mao is the Editor for Partnerships and Sponsored Content at Cryptonews. With five years in the crypto industry, she collaborates with partners to bring the latest updates and insights to our readers.
15.10 / 17:37
15.10 / 16:41
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Stagnant housing market prompts CREA to trim 2024 outlook
The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada’s interest rate cuts haven’t spurred the gradual improvement it previously anticipated.
15.10 / 15:39
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Food
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How the quick comm brigade sparked a fall in Damani’s blue chip stock
Subscribe to enjoy similar stories. New Delhi/Bengaluru: They are worlds apart, but both Radhakishan Damani and Mohammed Shafiq find themselves battling a common enemy today. Avenue Supermarts, Damani’s food and grocery retail chain, which operates nationwide, and City Food Point, Shafiq’s small convenience store in Bengaluru’s upscale Indiranagar neighbourhood, are under siege from quick commerce, a retail channel that came into its own during the covid pandemic.
15.10 / 14:41
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KBC Global plans to raise Rs 100 cr for paring debt
equity shares. The board of the company will meet on October 16 (Wednesday) to consider and approve a proposal to raise up to Rs 100 crore through an issue of equity shares via permissible modes, including preferential allotment and warrants, the company said in a statement. «The proceeds of the equity issue will be utilized for the repayment of debt,» the company said.
15.10 / 14:21
15.10 / 13:59
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Garuda Construction shares surge over 12 pc in market debut
Shares of Garuda Construction and Engineering Ltd on Tuesday jumped over 12 per cent in market debut trade against the issue price of Rs 95. The stock listed at Rs 103.20, registering a jump of 8.63 per cent from the issue price on the BSE. During the day, it surged 27.08 per cent to Rs 120.73. Shares of the firm ended at Rs 106.83, rising 12.45 per cent. At the NSE, shares of the firm made the debut at Rs 105, up 10.52 per cent. The stock soared 27.35 per cent to Rs 120.99 during the day. It later ended at Rs 105.
15.10 / 13:11
markets
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PAM
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After gold, silver & platinum, dates from UAE under scanner
The effective import duty on fresh, soft and hard dates is between 20-30% but under the CEPA, their imports are duty-free. New Delhi imposes 200% duty on direct imports of all products from Pakistan since 2019. “Industry has flagged concerns that dates are coming from Pakistan via the UAE and undue benefiting from our trade pact,” said an official, adding that the ministries of commerce and industry, and finance are examining the issue.
15.10 / 12:49
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HTX Partners with TradingView to Enable Direct Crypto Trading on the Platform
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
15.10 / 12:45
markets
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Govt to sell up to 5% stake in Cochin Shipyard via OFS. Floor price set at Rs 1,540 per share
Cochin Shipyard via an offer for sale (OFS) and has set a floor price of Rs 1,540 per share. The two-day issue will open on Wednesday for non-retail investors. The base issue comprises the sale of a 2.5% equity stake representing 65,77,020 shares with a green shoe option of another 2.5%.
15.10 / 12:45
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India does not see diplomatic fallout with Canada impacting trade ties
trade ties with the country immediately, a government source said on Tuesday. Canadian funds are also not expected to change their stance on India, the source added. Relations between India and Canada plummeted on Monday after Ottawa linked India's high commissioner and other diplomats to the murder of Sikh leader Hardeep Singh Nijjar on its soil and accused New Delhi of a broader effort to target Indian dissidents in Canada.
15.10 / 11:33
15.10 / 11:25
UPS
Mobile
Trade
performer
RIL investors wait for oil-to-chemicals business profitability to bottom out
Subscribe to enjoy similar stories. Reliance Industries Ltd’s (RIL's) shares hit an all-time high of ₹3,217.6 on 8 July but have fallen almost 16% since then. One problem has been weakness in the oil-to-chemicals (O2C) business, where Ebitda fell 19% year-on-year in the first half of FY25 and 24% year-on-year in the September quarter.
15.10 / 10:53
15.10 / 10:53
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Market Wrap: Sensex falls 153 points, Nifty below 25,100 as inflation spooks investors; RIL, IT stocks weigh
Sensex and Nifty50, gave up early gains and ended in the red on Tuesday, dragged down by index heavyweights Reliance Industries, financial, and IT stocks. A drop in metals and automakers also helped the downturn. The chances of a delayed domestic rate cut after a hotter-than-expected September inflation print dampened investor sentiments. The BSE Sensex fell 153 points, or 0.19%, to close at 81,820, while the NSE Nifty dropped 70 points, or 0.28%, to end at 25,057.
15.10 / 10:53
markets
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Analysis
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Stock market update: Power stocks up as market falls
Transformers & Rectifiers(India)Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), Jyoti Structures Ltd.(up 4.92%), Voltamp Transformers Ltd.(up 4.48%), Inox Wind Ltd.(up 4.22%), GE T&D India Ltd.(up 3.83%), CESC Ltd.(up 3.59%), Adani Energy Solutions Ltd.(up 2.27%), GE Power India Ltd.(up 1.96%) and Reliance Power Ltd.(up 1.93%) stood among the top gainers.
15.10 / 10:53
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MCX launches cotton seed wash oil futures
MCX on Tuesday announced the launch of cotton seed wash oil futures. Each contract will have a trading unit of 5 tonne with a base value quoted in Rupee per 10 kg at Ex-Tank Kadi, Gujarat, MCX said in a statement. The margin requirement for entering into the contract is approximately 12 per cent, providing participants with affordable access to hedging.
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