Trade Financial News

When many think of blockchain technology or cryptocurrency, the name that immediately comes to mind is Bitcoin. And it’s easy to see why: Bitcoin is the largest and most successful form of cryptocurrency. However, while Bitcoin is immensely successful, another form of cryptocurrency has steadily been rising in value over the past several years: Ethereum.

Buy or sell stocks today: The Indian stock market indices, Sensex and Nifty 50, hit fresh record highs on Wednesday, August 28. The trading session marked the 10th successive day of Nifty closing in gains.

Zerodha is looking to strengthen its long-term wealth management play and is exploring greater synergies between its trading and mutual fund distribution business units, a senior executive said. Currently, Zerodha has different applications – Kite and Coin – for stock trading and mutual fund transactions, respectively. “We are looking to bring in mutual fund transaction flow in the next six to nine months onto Kite,” said Neelesh Verma, product head, mutual funds, at Zerodha. “Some part of the work has already started… We look at a seamless integration between both the apps, but both will exist with a seamless experience,” he said.

Religare Enterprises chairperson Rashmi Saluja in connection with its investigation into alleged violations of insider trading regulations, people familiar with the matter said. The investigation centres on trades conducted by Saluja last year on September 21 and 22, days before the Burman family's open offer for Religare Enterprises was announced on September 25, 2023.

Nifty 150 Midcap index. Analysts and investment advisors say the inability to deploy the continuous flows into these schemes and increased exposure to blue chips, with valuations of mid-cap stocks remaining elevated, have led to the underperformance. Data from Value research show that the actively-managed mid-cap fund category has generated an average return of 25.36% against the Nifty 150 Midcap index return of 27.08% over three years. «With high inflows into mid-cap stocks over the last few years, market efficiency within mid-caps have improved a lot. This means that there is less room for active managers to find mispriced stocks and generate alpha,» says Kunal Valia, founder, Statlane, an investment advisory firm.

Nifty rose marginally to hit a fresh lifetime high of 25,052 and Sensex gained over 70 points on Wednesday. In today's trade, shares of RIL, IndiGo, PB Fintech, Vedanta, Tata Steel among others will be in focus due to various news developments. IndiGo Rakesh Gangwal, co-founder of InterGlobe Aviation, is looking to sell up to $804 million in the company through a block deal, according to reports.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

The leaders of Germany and the United Kingdom have announced plans to draw up a treaty meant to deepen the two nations’ trade, defense and other relations

Poland’s budget proposal for 2025 includes record defense spending of 187 billion zlotys or $48.7 billion

Nvidia has once again turned out quarterly results that easily exceeded Wall Street’s forecasts

Super Micro Computer lost a quarter of its market value by midday Wednesday after the server technology company said it was delaying the filing of its annual report

Car-buying mistakes are easy to make, especially if you’re in a hurry or have fallen in love with a particular vehicle

Donald Trump is offering a piece of presidential history and is asking for less than $1,500 for pieces of the knockout suit he wore during the debate. Trump is giving his digital card collectors a prize by chopping up the suit he wore to the debate with Biden. Despite having switched to politics, Donald Trump is reminding his supporters of his background as a businessman with his most recent sale. The debate signalled the beginning of a string of unexpected events in the 2024 presidential election. The Republican contender for president announced to his fans that he was releasing a new deck of trading cards and that anyone who paid $1,500 for them would get to keep a piece of his suit. Fifty brand-new digital trading cards with images of Trump posing in superhero outfits and dancing are part of the collection. In some of the cards, he is also seen holding Bitcoins. Those who purchase one of his digital trading cards will receive benefits at various levels. If 15 digital cards are purchased, a physical card and a fragment of Trump's suit from his June debate with President Joe Biden will be mailed to the buyer. It's being referred to as the knock-out suit. Supporters will need to spend a total of $1,485 on digital trading cards, each costing $99 to obtain the actual card and a fragment of Trump's suit.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

OpenSea, one of the largest marketplaces for non-fungible tokens (NFTs) may be facing regulatory action from the U.S. Securities Exchange Commission (SEC).

This morning the GALA price dropped 12% from a high of $0.02131397 to $0.01880181, posting intraday losses heavier than the two market leaders, Bitcoin ($BTC) and Ethereum ($ETH).

Employers are increasingly putting workers' 401(k) plan savings on autopilot.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Nvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to train and operate their AI systems.

Indian economy has remained resilient but the outlook seems softer due to moderation in a couple of high-frequency indicators, according to the Monthly Economic Review for August. The review was released by the National Council of Applied Economic Research (NCAER). The report said bank credit growth of scheduled commercial banks (both food and non-food) moderated in June 2024. Personal loan credit growth and bank credit for the services sector has decelerated, it added.

Rushpips, the newest forex robot from Dubai-based financial technology firm Avenix Fzco, was just released. With a focus on the MetaTrader 4 platform, this automated trading program was created with the sole purpose of helping traders navigate the volatile forex market.