Trade Financial News

The NSE Nifty index traded 176.46 points up at 24320.2, while BSE Sensex was up 500.83 points at 79606.71 as of 09:59AM(IST)on August 16.

Aro Granite Industries Ltd.(up 2.75%), The Orissa Minerals Development Company Ltd.(up 1.57%), 20 Microns Ltd.(up 1.32%), Lexus Granito(India)Ltd.(up 0.97%), Coal India Ltd.(up 0.35%), NMDC Ltd.(up 0.18%) and Gujarat Mineral Development Corporation Ltd.(up 0.03%) were among the top gainers.

Shiv Sena (UBT), through its mouthpiece Saamana, criticised Prime Minister Narendra Modi's Independence Day speech from the Red Fort, calling it «boring». The editorial further stated that he gave a speech that should have been given in an election campaign. «Prime Minister Narendra Modi and the people associated with him were never serious about the country's Independence. That is why his speech from the Red Fort on Independence Day was boring. He gave a speech that should have been given in an election campaign rally,» stated Shiv Sena (UBT) through its mouthpiece Saamana.

Here's breaking down the pre-market actions:

Breakout stocks to buy or sell: Despite strong global market sentiments on the US Fed rate cut buzz, the Indian stock market remained flat on Wednesday. The Nifty 50 index finished marginally higher at 24,143, the BSE Sensex went up 149 points and closed at 79,105, whereas the Bank Nifty index went off 104 points and ended at 49,727. Cash market volumes on the NSE were 8.1 per cent lower than the previous session.

Out of about 400 stocks tracked by at least five analysts, about 54 are expected to deliver returns between 20% and 50% over the next 12 months, consensus estimates showed.

Bill Ackman’s Pershing Square Capital Management LP built a stake in Canadian investment management giant Brookfield Corporation during the second quarter of 2024, a U.S. regulatory filing released Wednesday showed.  

Prominent Wall Street firms and large institutional investors bought into spot bitcoin (BTCUSD) exchange-traded funds in the second quarter, a sign of a healthy appetite for the products in the traditional financial sector.

The NBA released the complete schedule for the regular season on Thursday after revealing the Emirates NBA Cup (in-season tournament) schedule earlier this week. A doubleheader on the card during the first night of the season opens with Boston-New York followed by the Los Angeles Lakers hosting the Minnesota Timberwolves.

In the last seven days, Solana’s native $SOL token has fallen 8.8%, placing it below the psychologically important $150 threshold since the start of the week, which the token has subsequently struggled to regain.

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...

US court has slapped Vedanta Group-backed optic fibre manufacturer Sterlite Technologies (STL) with damages of $96 million (around ₹806 crore) for trade-related rights infringements involving American rival Prysmian. STL, in a statement, said it will «aggressively» challenge the verdict. The company, in which mining group Vedanta led by Anil Agarwal holds a 25% stake posted a loss of ₹82 crore in the first quarter of fiscal 2025, on revenue of ₹1,140 crore. After a three-year battle, a South Carolina jury, on August 9, found that Sterlite was in illegal possession of Prysmian's trade secrets including customers, new products and manufacturing expansion plans.

Kamala Harris unveils her economic agenda before the US Presidential Election 2024? Derided and attacked for "Kamalanomics" by Donald Trump, the Democrat contender is most likely to call for a ban on food «price gouging,» she may signal a critical view of mergers, and talk about her struggles against large corporations as she announces her economic vision Friday. According to the 'Washington Post', Harris may hold companies responsible for the higher cost of groceries in recent years at her election rally in Raleigh, N.C. She may try to send strong signals to all-important swing state voters.

Pep Guardiola stands alone. Only one manager who has won the Premier League still plies his trade in it and it is Manchester City’s serial champion. Last season rendered Guardiola a history-maker in a new respect, the first manager to win four consecutive English titles. With Klopp gone, in a sense, he has eliminated the opposition. In another, he remains a marked man Guardiola’s capacity to create teams that can win both week in, week out and year in, year out adds to City’s powers of intimidation. They have a proven ability to reel off 12 or 15 straight victories. They could become the first English club to register five straight league titles, feats that have occurred in the recent past in France, Italy and Germany, but never here. Klopp’s resignation removed one rival. Arsenal have got ever closer but the season probably starts with the expectation that it will end with City celebrating again.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

$NOT, the token underpinning crypto’s viral new Telegram-based game Notcoin, is down 2.7% in the last 24 hours to trade at $0.0114 as of this writing.

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.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

e-commerce giant JD.com beat estimates for quarterly profit on Thursday, helped by a mid-year sales festival and aggressive price cuts that drove more cost-sensitive consumers to its platform. U.S.-listed shares of the company rose 2.6% in premarket trading. Major Chinese vendors like JD.com and Alibaba have increased focus on discounting and lower-priced goods as the world's second largest economy sees a pullback from customers that as conscious about spending.

More sunshine could be in the forecast for solar power companies like SolarEdge Technologies and Sunrun, whose stock prices have been dimmed by high interest rates

Dubai-based port operator DP World has reported its half-year profits fell by nearly 60%, in part over the ongoing attacks by Yemen’s Houthi rebels over the Israel-Hamas war that have affected shipping through the Red Sea