Trade Financial News

equity indices closed flat on Monday, as gains in energy and metals stocks, on a cut in windfall tax on crude and a soft U.S. dollar, respectively, were offset by profit booking in financials. The NSE Nifty 50 index rose 0.13% to 24,572, and the S&P BSE Sensex shed 0.02% to 80,424.

Nifty ended Monday’s range-bound session 31.5 points higher to form a small red candle on the daily chart, which signalled hesitation after Friday’s upside breakout. The short-term trend of Nifty continues to be positive. Having placed at the key overhead resistance around 24,700, there is a possibility of some more consolidation or minor dip in the next 1-2 sessions, before showing another round of upside breakout.

index and a fall in crude oil prices which softens India's inflation and trade deficit. The rupee closed at 83.87 against the US dollar, versus its previous close of 83.94/$1 on Friday, LSEG data showed. The currency strengthened to 83.84 during the day, the strongest since 6th August, but dollar demand from public sector banks capped its gains, traders said.

markets regulator said on Monday. The regulator introduced the Sebi Settlement Scheme, 2022, allowing entities to settle their cases. After the scheme closed, the regulator continued legal proceedings against those who did not participate. Some of these entities challenged the decisions by appealing to the Securities Appellate Tribunal (SAT). During a hearing in September 2023, the Tribunal directed that if a new settlement scheme is introduced in the future, the appellants would be eligible to benefit from it, and the scheme would cover their cases.

Issue price: Rs 195-206

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Retail investors have grown used to riding the wave of the peaks and troughs over the last few years, from pandemic era paranoia to various macroeconomic events, including two ongoing wars.  When the S&P 500 plummeted by 5.9%, Nasdaq by 8% and the Tokyo's Nikkei 225 slid by as much as a 12% in the first five days of trading in August, according to data from MarketWatch, retail investors overwhelmingly opted against trimming their portfolios.  'Today is going to be carnage': How funds dealt with a week of market volatility Instead, many took advantage of the fire sale was underway w...

Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news...

Caplin Point Laboratories surged 15% to hit a fresh 52-week high of Rs 1,818 on the NSE after the company informed exchanges about nil observations by the Brazilian health regulator during an inspection at its Chennai -based unit. Brazilian Health Regulatory Agency (Anvisa) conducted an inspection of Caplin Steriles’ injectable and ophthalmic manufacturing facility located at Gummidipoondi between August 12 and 16 and concluded with zero observations.

Godrej Consumer Products Ltd. traded 0.16 per cent down at Rs 1401.55 at 02:05PM (IST) on Monday, even as BSE benchmark Sensex dropped 3.82 points to 80433.02. The scrip had closed at Rs 1403.8 in the previous session. The stock quoted a 52-week high price of Rs 1524.7 and 52-week low of Rs 959.55, respectively. As per BSE data, total traded volume on the counter till 02:05PM (IST) stood at 4787 shares with a turnover of Rs 0.67 crore.

My feed of Instagram reels and YouTube shorts is full of videos featuring financial influencers(finfluencer) telling the world at large that it is easy make quick money from the stock market. Recently, I came across a video in which a 13-year old claimed to be the world’s youngest successful options trader on an influencer’s YouTube channel, saying that she earned “36-40%" annually from options trading.

Siemens Ltd. traded 1.17 per cent down at Rs 7099.15 on Monday at around 01:55PM (IST), while the benchmark BSE Sensex declined 9.6 points to 80427.24. As many as 5,869 shares changed hands on the counter with a total value of Rs 4.18 crore.

₹10 lakh per year each, with both spending 30% on expenses. A invests 40% of the take-home salary and has 30% going towards loans. B invests 20% of the salary and has 50% of it going towards loan repayment.

Cryptocurrency prices showed mixed trends on Monday, with Bitcoin, BNB, Dogecoin, Cardano, and Shiba Inu trading lower, while Ethereum, Solana, XRP, Toncoin, Polkadot, and Tron traded marginally higher. As of 1:14 pm IST, Bitcoin (BTC) was down 1.6%, trading at $58,652. In contrast, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, was up 0.5%, trading at $2,620.

SRF Ltd. rose 0.19 per cent to Rs 2475.2 in Monday's trade. It hit an intraday high of Rs 2499.35 and low of Rs 2452.45, respectively, during the day. The stock quoted a 52-week high price of Rs 2697.45 and low of Rs 2081.25.

Saraswati Saree Depot are set to debut on the exchanges on Tuesday. Ahead of the listing, the company’s shares are trading with a gray market premium (GMP) of Rs 46. With the upper price band set at Rs 160, the stock is expected to list at a premium of 29% over the issue price.

Bharat Electronics Ltd. traded 0.14 per cent down at Rs 302.85 on Monday at around 12:12PM (IST), while the benchmark BSE Sensex advanced 12.36 points to 80449.2. As many as 322,626 shares changed hands on the counter with a total value of Rs 9.81 crore.

Pidilite Industries Ltd. traded at Rs 3064.0 on BSE at 11:52AM (IST) on Monday, up 0.12 per cent from previous close. The stock quoted a 52-week low price of Rs 2293.1 and a high of Rs 3277.8.

trade war between the world's two largest economies, Easy Signs would now be hiring dozens of workers at its factory in Allentown, Pennsylvania. It would be readying plans to build a second plant somewhere out West — Salt Lake City was a contender — generating another 100 jobs. Based in Australia, Easy Signs manufactures banners and marketing installations for corporate events, using huge printers to press logos and slogans onto rolls of cloth. Its American business has been growing 70% a year. Still, the company is putting off an expansion. Its cloth signs are displayed on aluminum stands made in China. Those products are now subject to a series of tariffs reaching as high as 365% under a policy set in motion by former President Donald Trump and continued by the Biden administration in the name of protecting American industry from Chinese government subsidies.