Trade Financial News

Sensex declined 269.03 points, or 0.35%, to close at 77,209.90, while the Nifty 50 settled 65.90 points, or 0.28%, lower at 23,501.10.“The market is expected to trade sideways next week due to the absence of strong buying or selling triggers. While the underlying sentiment remains bullish, dips might attract opportunistic buying, which could support the market.

India, said people with knowledge of the matter. That’s prompted some Indian companies to resume their pursuit of government approval for joint ventures (JVs) with Chinese partners, they said. These approvals are being given on acase-by-case basis, the people said. For instance, Haier Appliances India has got government nod to invest Rs 184 crore in AC component manufacturing after almost two-and-a-half years. The Department for Promotion of Industry & Internal Trade had directed the Chinese firm in November 2021 to take Press Note 3 clearance for its proposal under the production-linked incentive scheme for white goods.

Stocks that traded heavily or had substantial price changes on Friday: Sarepta Therapeutics, Ryan Specialty rise; Autodesk, Trump Media fall

India and Bangladesh bolster ties as New Delhi tries to become a regional power.

U.S. government inspections of avocados and mangoes in the Mexican state of Michoacan will gradually resume

An aerial drone likely launched by Yemen’s Houthi rebels struck and damaged a vessel in the Red Sea

The former CEO of a publicly traded health care company based in Nevada has been found guilty of a multimillion-dollar insider trading scheme

electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday. Germany's Economy Minister Robert Habeck said he had been informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations on tariffs with China.

New Delhi:A Bengaluru-based Indian technology company is among at least 10 firms from several countries against whom Japan has imposed sanctions for allegedly helping Russia evade punitive economic measures.The actions against the companies including asset freeze and export bans were announced by the Japanese Foreign Ministry.The other companies belonged to China, Kazakhstan, Uzbekistan and the United Arab Emirates.The West and its allies have imposed strict punitive trade and economic sanctions against Russia over its invasion of Ukraine.Japan has introduced punitive measures under the Foreign Exchange and Foreign Trade Act, the Japanese foreign ministry said in a statement.It named the Indian company in the list of firms which will be facing sanctions from the Japanese government.Last week, Japanese Prime Minister Fumio Kishida said at the G7 summit in Italy that his government is imposing sanctions on companies and groups which are helping Russia evade economic sanctions.The G7 grouping has imposed a series of punitive sanctions against Russia including asset freeze for its invasion of Ukraine.Japan has already imposed punitive measures on a number of Russian companies.

will take cues from trading activity of foreign investors and global trends this week with benchmark equity indices likely to face volatility amid the scheduled monthly derivatives expiry, analysts said. Moreover, factors such as the progress of monsoon and Brent crude oil would also dictate investors' sentiment during the week. «This week, sector-specific movements are anticipated amid budget-related buzz. Key factors to watch include the progress of monsoon, which will be closely monitored for its near-term impact on investors' confidence.

trade agreement (FTA) moving forward between India and Korea, the department of commerce is engaging with different ministries, including heavy industries, steel, and chemicals, to prepare the offer list, an official said. Preparation of the list is part of the negotiations, which are underway, for the upgrade of the existing FTA between the two countries, dubbed as comprehensive economic partnership agreement (CEPA). The agreement was operationalised in January 2010. So far, 10 rounds of talks have been concluded. The official said both sides have exchanged the request list and «are working on the offer list» and for that the commerce ministry is holding discussions with different ministries, including steel, heavy industries, textiles, chemicals and petrochemicals.

Bitcoin price is currently trading at $64,380, exhibiting a bearish bias below the $64,500 pivot point mark. Data from CryptoQuant indicates a significant link between individual account activity and Bitcoin price movements.

Analyzing the monthly chart, PEPE has seen a 16.5% increase, bringing its price to $0.00001155. This rise reflects a strong bullish momentum from the previous month. However, the recent consolidation within a symmetrical triangle pattern suggests a potential pause in the upward movement.

Indian stock market: Nifty has been hovering within the 23300 to 23600 range, indicating indecisiveness, which sets the stage for a very volatile monthly expiry. A decisive move above 23600 might take the index towards 24000 in the short term, whereas failure to hold above 23300 might trigger panic in the market. Below 23300, the Nifty might fall towards 22750 in the short term.The BankNifty index witnessed a volatile trading session but ended on a flat note, highlighting the evident tussle between buyers and sellers.

Akme Fintrade received a robust response from investors for its IPO, which closed last week. The issue was subscribed just over 53 times. Post the subscription closure, the company will likely finalise the share allotment on Monday. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website.

Dee Development Engineers is likely to finalise the share allotment on Monday. The issue was booked nearly 100 times at close on strong interest from non-institutional and institutional buyers. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website. Firstly, here's how you can know the status on BSE

The price change in 24 carat gold in the last one week has been -0.31% .whereas in the last month it has been -0.28%.The cost of silver is Rs.90850.0 per kg The gold December 2024 MCX futures were trading at Rs.72410.0 per 10 gm down by 0.795% at the time of publishing.The silver July 2024 MCX futures were trading at Rs.89140.0 per kg up by 0.001% at the time of publishing.Fluctuations in Gold and Silver prices are impacted by a range of elements, among them the input from respected jewelers. Elements such as the worldwide desire for gold, variations in currency values between countries, current interest rates, and government rules regarding the gold trade all play a role in these changes.

Also Read: GST Council Meeting: FM-led panel approves biometric authentication, 12% rate on milk cans; 10 key highlightsOn the weekly front, the BSE benchmark climbed 217.13 points or 0.28 per cent, while the Nifty went up by 35.5 points or 0.15 per cent. The Nifty Bank index, in particular, stood out with its largest weekly gain of 2024, surging by more than three per cent.

the sinking this week of the ship Tutor, which marked what appears to be a new escalation by the Iranian-backed Houthis in their campaign of strikes on ships in the vital maritime corridor over the Israel-Hamas war in the Gaza Strip. Meanwhile, the U.S. military ordered the USS Dwight D.

NEET-UG 2024 has been handed over to the Central Bureau of Investigation (CBI) for comprehensive investigation, said Education Ministry officials on Saturday. This comes after National Testing Agency (NTA) Director General Subodh Singh was shunted out today, amid a massive controversy that has erupted over exams NEET and NET. An official said he has been put on «compulsory wait» in the Department of Personnel and Training (DoPT) till further orders. India Trade Promotion Organisation (ITPO) Chairman and Managing Director Pradeep Singh Kharola has been assigned additional charge of the testing agency till appointment of a regular incumbent.

Rapper 50 Cent, known as Curtis Jackson, has fallen victim to a hacking incident with his X account being used to promote a fraudulent meme coin based on the Solana blockchain.