Trade Financial News
17.06 / 06:57
Discover
Research
Trade
Cycling
Diversity
cover
Department
Can the world's loneliest plant get its perfect match?
He was talking about Encephalartos woodii (E. woodii), a plant from South Africa. E. woodii is a member of the cycad family, heavy plants with thick trunks and large stiff leaves that form a majestic crown. These resilient survivors have outlasted dinosaurs and multiple mass extinctions. Once widespread, they are today one of the most threatened species on the planet. The only known wild E. Woodii was discovered in 1895 by the botanist John Medley Wood while he was on a botanical expedition in the Ngoye Forest in South Africa. He searched the vicinity for others, but none could be found. Over the next couple of decades, botanists removed stems and offshoots and cultivated them in gardens.
17.06 / 04:11
markets
UPS
Sustainability
Election
Trade
recommendations
What to do with Paytm, HUL, Adani Green and 3 other stocks? Aamar Deo of Angel One decodes
Most of the PSU stocks continued their dream run this week too, and as rightly put, it appears that FOMO is creeping amongst the investors as many of the PSU stocks, in defence, power, financials, infrastructure, have turned out to become multibaggers, significantly adding to the wealth of the investors, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at said, advising investors to remain alert and look at investing light. This analyst spells-out strategy in previous week’s major movers viz. Cochin Shipyard, Zomato and Global Health (Medanta) and three more stocks. Here’s what he recommends: Edited excerpts:
17.06 / 03:55
markets
IPO
Booking
Trade
band
Updates
International
Medicamen Organics IPO price band set at ₹32 - 34 per share; check GMP, other key details of SME IPO
₹10 crore from the IPO and has announced the price band and other details of the IPO.Medicamen Organics IPO price band has been set at ₹32 to ₹34 per share. At the upper-end of the price band the Medicamen Organics IPO size is ₹10.54 crore, consisting of a fresh issue of 31 lakh equity shares.The IPO lot size is 4,000 shares and the minimum investment amount required by retail investors is ₹136,000.Medicamen Organics IPO is an SME IPO which opens for subscription on Friday, June 21, and closes on Tuesday, June 25.
17.06 / 03:53
markets
UPS
Platform
Trade
Crypto Exchange
reports
South Korean Crypto Exchanges May Delist Hundreds of Altcoins
South Korean crypto exchanges could delist “hundreds of altcoins” this year, with financial authorities ready to step up their policing of the sector.
17.06 / 03:51
markets
UPS
Yellow
Food
Trade
reports
Department
Retail chains face pulses stock rule
NEW DELHI : Private retail chains and online grocers such as D-Mart, Reliance Retail, BigBasket, Amazon and Flipkart must now declare the amount of pulses they stock twice a week, as the government tries to curb the sharp rise in their prices. The government recently directed millers, retailers, wholesalers, big retail chains, importers, processors and stockists across the country to disclose stocks every week. However, the norm has recently been changed to twice a week for big private retail chains.
17.06 / 03:51
markets
IPO
Provident
Booking
Trade
band
reports
DEE Development Engineers to Stanley Lifestyles: ₹1087 crore at stake; GMP, other details of three upcoming IPOs
Upcoming IPOs this week: Three mainboard initial public offerings (IPOs) — DEE Development Engineers IPO, Stanley Lifestyles IPO, and Akme Fintrade India IPO — will hit the Indian primary market this week. Out of these three upcoming IPOs, DEE Development Engineers IPO will be the first to hit the Indian primary market this week. DEE Development Engineers IPO will open on 19th June 2024, Stanley Lifestyles IPO subscription will open on 21st June 2024, and bidding for Akme Fintrade India IPO will begin on 19th June 2024.
17.06 / 03:51
markets
Food
wellness
Trade
Experts
reports
recommendations
Stock to buy: Anand Rathi initiates coverage on Bikaji Foods shares with a ‘Buy’ call, sees 24% upside
Bikaji Foods International sells its products primarily through general trade, modern trade, and ecommerce platform, as well as exports. Over the years, the company has developed a large Pan-India distribution network.
17.06 / 01:39
markets
UPS
Food
Trade
President
country
rights
Private investments taking off; consumption growing: CII president Sanjiv Puri
NEW DELHI : Private investments are taking off, and household consumption, which has crossed pre-pandemic levels, is growing, unlike in many countries, according to Sanjiv Puri, president of the Confederation of Indian Industry (CII) and chairman and managing director of consumer goods conglomerate ITC Ltd. Puri added that with global trade expected to do much better in 2024-25, India’s consumption and growth story will get further impetus. Quoting data from the ministry of statistics, Puri said investments in fixed assets like plant and machinery in nominal terms was at 23.8% of gross domestic product (GDP) in 2022-23 compared to 22.4% in the pre-pandemic year of 2019-20.
17.06 / 01:39
markets
Waves
Target
security
Trade
War
Mint Quick Edit | The G7’s China alarm suits India
Cold War II is worsening. The G7 summit held in Italy ended with a stiff warning aimed at China over its alleged role in “enabling" Russia’s war in Ukraine by means of dual-use tech transfers, a charge Beijing denied.
17.06 / 01:39
markets
IPO
security
Trade
Experts
information
travelers
ixigo IPO listing date fixed. GMP signals strong debut of Le Travenues Technology shares
ixigo IPO: The listing date of the initial public offering (IPO) of 'ixigo' brand parent company Le Travenues Technology Limited, a pivotal moment for investors, has been set for 18th June 2024. This date, as per the information available on the Indian stock market exchanges, has been strategically chosen for the listing of ixigo IPO.
17.06 / 01:39
MET
security
Election
Trade
country
International
Australian
Chinese premier and Australian prime minister meet at Australia's Parliament House
Li Qiang, Australian Prime Minister Anthony Albanese and senior ministers of both administrations met at Parliament House on Monday to discuss thorny issues, including lingering trade barriers, conflict between their militaries in international waters and China’s desire to invest in critical minerals. Li, China’s most senior leader after President Xu Jinping, arrived in the South Australian state capital of Adelaide on Saturday and the national capital of Canberra late Sunday in the first visit to the country by a Chinese premier in seven years.
17.06 / 01:39
markets
UPS
Election
Trade
show
Is Indian stock market open today on Eid ul Adha 2024?
Read here: Eid ul adha 2024: Will Indian stock market remain open for trading today?There is only one stock market holiday in June 2024 and the next trading holiday will now be on July 17 for Muharram, the stock market holiday list shows. There are a total of 15 holidays in the calendar year 2024.
16.06 / 12:03
Booking
Manufacturing
Trade
Experts
Cycling
Diversity
performer
Infra stocks to continue their run beating capital goods shares, here's why
NB: BSE Capital Goods index mostly consists of industrial equipment makers & service providers.Nifty & BSE Infra index is wisely diverse, consisting of energy, construction, power and equipment, transportation to tourism. BSE has performed better due to high exposure in PSUs & Midcaps.Capital Goods have outperformed infra stocks due to the lean capital requirement compared to the high long-term and working capital required by infra based companies. Their cash conversion cycle is longer due to the long period of inventory, manufacturing, EPC, and dependence on timely disbursement of government funds, which in total may take 2 to 4 months.
16.06 / 12:03
markets
UPS
Sustainability
Trade
Experts
show
Stocks to buy: Nykaa and Concor looking attractive, here's why
Indian stock market: The Nifty remained within the defined range of 23,300-23,500. The short-term sentiment is likely to remain more or less positive. Support levels are seen at 23,400/23,300, where put writers have built significant positions.
16.06 / 11:17
markets
solana
Sustainability
trends
Trade
fun
Solana News
Solana Price Prediction as Whale Transfers $372 Million – Is SOL About to Pump Hard?
Major Solana (SOL) holders, known as whales, have recently orchestrated the transfer of over $500 million worth of SOL in six large transactions within 24 hours.
16.06 / 10:39
markets
UPS
Booking
Trade
SLB
information
Eid ul adha 2024: Will Indian stock market remain open for trading tomorrow?
Stock market holidays: Stock market exchanges Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed for trading on Monday, June 17, in observance of Bakri Id. This closure affects all segments, including equity, derivatives, and SLB.
16.06 / 10:39
markets
IPO
Booking
Trade
band
ixigo IPO: Here's what GMP signals ahead of listing on June 18
₹29 in the grey market premium (GMP), as per investorgain.com. This indicates that Ixigo's equity shares are trading ₹29 higher than their issue price of ₹93 per share in the grey market.Also read: ixigo IPO allotment status out.
16.06 / 10:13
markets
IPO
Booking
Platform
Trade
travelers
recommendations
Ixigo IPO: Shares likely to debut at 32% premium on June 18
Le Travenues Technology, which operates the travel platform Ixigo, will debut on the exchanges on Tuesday, June 18. Ahead of the listing, the company's shares are trading with a premium of Rs 29-30 in the unlisted market. If the current trends are sustained, the company's shares are expected to list with a premium of 32%. The IPO was priced at Rs 93 at the upper end.
16.06 / 09:15
Target
Sustainability
trends
Trade
performer
prevention
Schools
Nifty in a narrow range between 23,300-23,500. How to trade this week
Nifty is stuck in a narrow range between 23300-23500, and a break on either side will lead to trending moves, says Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities. “The underperformance of BankNifty is preventing Nifty from moving higher; for Nifty to break on the higher side, BankNifty must start performing. The undertone remains bullish, and one should adopt a buy approach on a breakout above 23500, targeting 23,800-24,000,” he says.
16.06 / 08:49
markets
UPS
Trade
Experts
performer
recommendations
Day trading stocks to buy: Birla Corp to HCL Tech - Anand Rathi expert recommends three shares to buy on June 18
Indian stock market: On Friday, the domestic benchmark equity indices Sensex and Nifty 50 closed the session in positive territory. The 30-share BSE Sensex concluded the session up by 181.87 points or 0.24 per cent at the level of 76,992.77, while the Nifty 50 finished at 23,465.60, marking an increase of 66.70 points or 0.29 per cent.In broader market movements, the Nifty Midcap 100 rose by 1.05%, and the Nifty SmallCap 100 gained 0.8%, both surpassing the performance of the benchmark indices.
16.06 / 06:53
UPS
Waves
ETF
VanEck
BlackRock
Trade
Bitcoin
First Bitcoin ETF to list on Australia’s bourse in global wave
Exchange operator ASX Ltd., which handles the bulk of the country’s stock trading, has approved the VanEck Bitcoin ETF which will be listed on Thursday, VanEck said in a press release on Saturday.
frequently asked questions about Trade
What is Trade and why is it relevant?
Trade is a significant category that draws public attention. On our site, we regularly publish updates related to this subject.
Where can I find the latest updates on Trade?
All new posts about Trade can be found in the dedicated section. We publish information regularly.
How can I verify the accuracy of information on Trade?
We rely on trusted sources to ensure that the information about Trade is reliable and informative for our readers.