Trade Financial News
26.06 / 08:27
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Quant Mutual Fund: Top 5 schemes with up to 75% returns in 1 year
Quant Mutual Fund, one of India’s oldest and fastest growing asset management firms, is facing a probe by capital market watchdog SEBI in an alleged front-running case. Front-running is an illegal practice in which fund managers and dealers place orders based on prior information of upcoming large trades and earn profit from the price movement on eventual trade execution.
26.06 / 08:27
markets
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Provident
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Updates
Chipotle stock price falls 98%! Here’s why CMG share is trading at $65 today
On Wednesday, when the US stock market opens, a significant decline in Chipotle Mexican Grill’s stock price will be seen! It is not a market prediction but elementary. The fact is that Chipotle’s shares will begin trading on a post-split basis at the market open on Wednesday, June 26, 2024.
26.06 / 07:45
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Share price of Marico jumps as Sensex gains 422.68 points
Marico Ltd. gained 0.51 per cent to Rs 618.25 at 01:03PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 619.75 and low of Rs 609.2 so far during the session. The stock had closed at Rs 615.1 in the previous session. The counter has had a total traded volume of 30818 shares so far with a value of Rs 1.89 crore on the NSE. It traded at a price-to-earnings multiple of 53.95 and a price-to-book ratio of 16.73.
26.06 / 07:45
Dogecoin
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Crypto Price Today: Bitcoin prices steady above $61k as buying returns. Ethereum, BNB, Solana, Dogecoin gain up to 3%
Bitcoin prices saw stable trading on Wednesday, gaining marginally by 1% to $61,598 around 12 pm India time. Other major crypto coins traded with a positive bias too. Among them were Etehreum, BNB, Solana, Dogecoin, Tron, Cardano, Shiba Inu and Avalanche which were up by up to 3% around this time. A few of them were also on the losing side viz. XRP, Polygon, XRP and Toncoin which were down by 1.5%.
26.06 / 07:45
26.06 / 07:03
26.06 / 07:03
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Trade
Shares of Lupin rise as Nifty gains
Lupin Ltd. gained 1.85 per cent to Rs 1586.8 in Wednesday's trade as of 12:27PM (IST). It hit a high of Rs 1586.8 and low of Rs 1545.0 during the session. The stock quoted a 52-week high price of Rs 1727.9 and a low of Rs 852.65. The return on equity for the stock stood at 13.39 per cent. About 6,774 shares have changed hands on the counter so far.
26.06 / 06:55
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Trade
Shares of PI Industries fall as Nifty gains
PI Industries Ltd. slipped 0.27 per cent to Rs 3774.6 in Wednesday's trade as of 12:12PM (IST). It hit a high of Rs 3793.1 and low of Rs 3755.1 during the session. The stock quoted a 52-week high price of Rs 4032.0 and a low of Rs 3060.0. The return on equity for the stock stood at 19.25 per cent. About 2,749 shares have changed hands on the counter so far.
26.06 / 06:55
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electronic
BEL stock price down 0.48 per cent as Sensex climbs
Bharat Electronics Ltd. fell 0.48 per cent to Rs 308.0 at 12:07PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 441,120 shares with a turnover of Rs 13.63 crore till 12:07PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 57.03, while the price-to-book value ratio stood at 9.02.
26.06 / 06:55
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International
Gold Price Today: Yellow metal opens at Rs 71,515/10 grams, silver down by Rs 2,000 this week
MCX gold August future contracts have been trading flat so far this week, falling by just Rs 70. It opened at Rs 71,515 per 10 gram today while the prices for silver July contracts on MCX fell by a little over Rs 2,000 in the same time period, opening at Rs 87,082/kg. On Tuesday, gold and silver settled on a weaker note in the international and the domestic market. Gold August futures contract settled at Rs 71,467 per 10 grams with a loss of 0.45% while silver July futures contract settled at Rs 86,937 per kilogram with a loss of 2.32%.
26.06 / 06:29
UPS
economy
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Department
Mazagon Dock shares rally over 6% after bagging Navratna status
Mazagon Dock Shipbuilders surged 6.5% today in early trade to a fresh 52-week high of Rs 4,269.75 on BSE as the company announced that it has been granted 'Navratna' status. “This is to inform that Department of Public Enterprises (DPE) vide its letter dated 25" June 2024 has approved the proposal for grant of Navratna status to Mazagon Dock Shipbuilders Limited,” the company informed the stock exchanges.
26.06 / 06:29
26.06 / 05:37
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Stock market update: Power stocks down as market rises
CESC Ltd.(up 5.20%), Neueon Towers Ltd.(up 4.72%), Hitachi Energy India Ltd.(up 3.38%), Inox Wind Energy Ltd.(up 2.01%), PTC India Ltd.(up 1.06%), Jaiprakash Power Ventures Ltd.(up 1.06%), KPI Green Energy Ltd.(up 0.92%), KEC International Ltd.(up 0.79%), Gujarat Industries Power Company Ltd.(up 0.55%) and Adani Energy Solutions Ltd.(up 0.54%) were among the top gainers.
26.06 / 05:37
26.06 / 05:37
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China premier calls to 'oppose decoupling' at economic forum
China's premier called Tuesday for countries to «oppose decoupling», as economic tensions simmer between Beijing and the West, and the European Union prepares to impose new tariffs on Chinese electric vehicles. Friction between the West and the world's second-largest economy has intensified in recent years, particularly as Beijing and Washington compete for supremacy in advanced technology and new «green» industries. «We should broadly open our minds, work closely together, abandon camp formations, (and) oppose decoupling,» said Li Qiang, China's second-ranking leader, who has been tasked by President Xi Jinping with managing economic affairs.
26.06 / 05:37
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87 stocks turn multibaggers in resilient Indian market during H1. What's the second half looking like?
Meanwhile, the broader market continued its upward journey so far this year as well with the Nifty smallcap and midcap indices rising 20% each.
26.06 / 05:37
markets
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Trade
Lexus
Updates
orienteering
Stock market update: Mining stocks up as market rises
Aro Granite Industries Ltd.(up 5.07%), Oriental Trimex Ltd.(up 3.79%), Madhav Marbles & Granites Ltd.(up 2.00%), Gujarat Mineral Development Corporation Ltd.(up 1.81%), Ashapura Minechem Ltd.(up 1.26%), Sandur Manganese & Iron Ores Ltd.(up 0.69%), The Orissa Minerals Development Company Ltd.(up 0.32%) and Coal India Ltd.(up 0.24%) were among the top gainers.
26.06 / 05:31
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Bitcoin news
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Bitcoin
Bitcoin Price Prediction as US Consumer Confidence is Revealed – Is BTC Set to Rebound?
The Conference Board’s consumer confidence index fell to 100.4 in June from 101.3 in May, reflecting growing concerns about future economic conditions.
26.06 / 05:31
markets
Digital
Platform
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tokenization
RWA
RWA Swarm Markets Platform Launches Tokenized Gold
Swarm Markets, a platform based in Berlin, has launched fully asset-backed digital gold represented by non-fungible tokens (NFTs).
26.06 / 05:31
Digital
security
Crypto regulations
Bill
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peace
New South Korea Rule Ensures Customer Refunds in Crypto Exchange Bankruptcies
Crypto investors in South Korea will have more peace of mind starting next month, thanks to new rules that protect users’ balances in case of a crypto exchange bankruptcy.
26.06 / 05:25
UPS
Enterprise
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performer
Department
Mazagon Dock Shipbuilders shares jump 7.5% to touch new record high after receiving 'Navratna' status
Mazagon Dock Shipbuilders, a leading defence public-sector shipyard under the Ministry of Defence (MoD) in India, surged nearly 7.5% to reach an all-time high of ₹4,271 per share.This jump followed the company's announcement via an exchange filing that the Department of Public Enterprises (DPE) has approved the proposal to grant Navratna status to Mazagon Dock Shipbuilders. This makes the company the 18th Navratna company among the public sector enterprises.
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