Trade Financial News
06.09 / 22:03
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Pepe Millionaires Dump Coins to Snag a Spot in This New Pepe Project
Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...
06.09 / 21:31
06.09 / 20:45
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Ethereum Crashes to Monthly Low – Is There Worse to Come?
Crypto’s second biggest currency, the $285 billion market cap $ETH token underpinning Ethereum, the blockchain with the most commercial activity, has crashed to a one month low overnight.
06.09 / 20:35
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Bitcoin (BTC) Struggles Near $56,000 as Markets Await U.S. Jobs Report and NFP Data
Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...
06.09 / 18:44
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Japanese 7-Eleven convenience store chain operator turns down Couche-Tard takeover offer
The parent company of the Japanese 7-Eleven convenience store chain is turning down a takeover offer from Alimentation Couche-Tard of Canada
06.09 / 17:23
Career
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Who is Jalen Ramsey? Miami Dolphins cornerback agrees to $72.3 mn three-year extension
Jalen Ramsey the Miami Dolphins cornerback agreed to a three-year extension for $72.3 million. He missed time in the preseason because of a hamstring injury and is looking to cement his position this season. Let us take a look at the cornerback's career. He was born on October 24, 1994, in Smyrna, Tennessee and is a professional American football cornerback currently playing for the Miami Dolphins in the National Football League (NFL). He played college football at Florida State University, where he gained recognition as one of the top defensive players in the nation.
06.09 / 16:30
Manufacturing
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Harmonic
The Dutch government is expanding export restrictions for processor chip machines
The Dutch government is expanding export restrictions on machines that make advanced processor chips that can be used in weapons systems
06.09 / 13:35
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Watch These Key Bitcoin Price Levels as Jobs Report, Fed Rate Decision Loom
Bitcoin (BTC) lost ground in early trading on Friday after closing more than 3% lower yesterday as investors braced for the highly anticipated August jobs report due this morning, a key piece in the puzzle for gauging the timing and size of widely expected interest rate cuts by the Federal Reserve later this month.
06.09 / 13:21
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Dutch government retakes export control over two ASML tools from US
Dutch government on Friday said it would expand export licensing requirements for some ASML chipmaking equipment, effectively retaking oversight over it from the United States and aligning the two countries' policy. The United States had previously unilaterally regulated those tools, as part of its campaign to restrict access to advanced technology by Chinese chipmakers who could contribute to Beijing's technological and military advances. ASML said in a statement that it did not expect the change in oversight to impact earnings this year or in the future.
06.09 / 13:09
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Indus
Fear indicator India VIX surges 10% as market gets jittery over US economy concerns
index India VIX jumped 10% to hit the day's high of 15.57 on Friday as Nifty fell by over 300 points to hit a low of 24,839.40, over US economy data concerns, a key indicator of rate cuts. Investors await US jobs data that could decide the size and speed of coming rate cuts in the world's largest economy. This week, VIX has jumped by 11% after remaining on a declining curve for a month. In the last one month, India VIX has fallen by 25%.
06.09 / 12:46
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Stock market update: Nifty Pharma index falls 0.49%
Shares of Abbott India Ltd.(up 0.79 per cent), Gland Pharma Ltd.(up 0.76 per cent), Alkem Laboratories Ltd.(up 0.54 per cent), Divi's Laboratories Ltd.(up 0.34 per cent) and Natco Pharma Ltd.(up 0.27 per cent) ended the day as top gainers in the pack.
06.09 / 12:44
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Stock market update: Nifty Realty index falls 0.95%
Shares of Prestige Estates Projects Ltd.(up 2.07 per cent), Brigade Enterprises Ltd.(up 1.29 per cent), Sunteck Realty Ltd.(up 0.66 per cent) and Phoenix Mills Ltd.(up 0.39 per cent) ended the day as top gainers in the pack.
06.09 / 12:35
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10 Best crypto for Day trading in 2024 - Mudrex Research
Best crypto for Day trading in 2024 Day trading in crypto involves buying and selling cryptocurrencies within the same day to capitalize on short-term price fluctuations. The goal is to profit from these daily market movements. Strategies for crypto day trading are diverse, ranging from monitoring daily news to applying technical analysis. However, traders should have at least an intermediate level of proficiency in crypto day trading. Proven strategies that work well for others might not yield the same results for you, so it’s essential to choose a strategy that aligns with your specific goals. Additionally, a solid understanding of risk management is vital for success. Brief Introduction to Day Trading
06.09 / 12:30
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Tech view: Nifty breaks 25,000 support, forms long bear candle. How to trade on Monday
Nifty formed a bearish engulfing candle on the weekly chart as it ended Friday’s trading session on a negative note. The index plunged 293 points ahead of a key US jobs report, which could influence the Federal Reserve's decisions on the pace and magnitude of interest rate cuts. A long bear candle was formed on the daily chart, indicating a sharp downside reversal for the market. The cluster support of 25,000 has been broken decisively on the downside. This chart confirms a short-term top reversal pattern at 25,333 levels, said Nagaraj Shetti of HDFC Securities.
06.09 / 12:29
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U.S. Spot Bitcoin ETFs See $1 Billion in Net Outflows Over Seven Consecutive Trading Days
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...
06.09 / 12:25
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Stock market update: Nifty Auto index falls 1.19%
Shares of Balkrishna Industries Ltd.(up 0.55 per cent) and Hero MotoCorp Ltd.(up 0.17 per cent) ended the day as top gainers in the pack.
06.09 / 12:14
06.09 / 11:47
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Gold Prices
Chart beat: What higher gold prices mean for Titan
₹71,319 per 10 grams on the MCX so far in 2024. The implications of rising gold prices on Titan Co Ltd are worth evaluating as the jewellery business is the company’s mainstay, contributing 88% of FY24 revenues. ICICI Securities has analysed the data for the past 10-15 years and has found that a secular rise in the price of gold brings more tailwinds (1% rise in gold price leads to 2% increase in earnings before interest and tax, or Ebit) than headwinds.
06.09 / 11:22
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Wockhardt shares fall 5% as Congress accuses Sebi chief of conflict of interest, corruption
Wockhardt shares fell 5% to hit the day's low of Rs 1,034.55 on the NSE on Friday after Congress leader Pawan Khera accused Sebi chief Madhabi Puri Buch of a conflict of interest with the pharma company. Khera in a press conference held today, accused Buch of corruption and insider trading. Khera alleged that Buch and her husband own a property in Mumbai, which was given on rent to a company called Carol Info Services Ltd, and is a part of Wockhardt Ltd., a firm that SEBI has been involved with in multiple cases.
06.09 / 11:14
06.09 / 10:45
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Sensex falls! These stocks fell 5% or more in Friday's session
On the BSE, Gopal Iron & Steels Co(down 18.51 per cent), HKG Ltd(down 16.63 per cent), Nettlinx Ltd(down 11.82 per cent), Vodafone Idea(down 11.46 per cent) and GCM Capital Adv.(down 10.00 per cent) stood among the top losers in today's trade.
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