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Yemen’s Houthi rebels hit an oil tanker in the Red Sea with a ballistic missile, damaging the Panama-flagged, Greek-owned vessel in their latest assault over the Israel-Hamas war

₹86,000 a kg mark. On the other hand, spot gold prices have risen about 16 per cent this year so far, trading near ₹73,000 per 10 gram mark. Indian stock market benchmark Nifty 50 is just 3.5 per cent up for the year.

₹2,080-2,150 per share in November 2021—a stark evidence of the company’s long-term underperformance. At close of trading on Friday, 16 May, the share price of Paytm’s parent company, One 97 Communications Ltd, was ₹343.90 apiece. The stock price decline is bad enough, but the more important question is: can Paytm survive? Although Paytm’s brand remains popular with customers and merchants, the company is at risk of being stuck in a negative cycle of network effects.

Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts. The largest 20 mutual fund managers in the US have increased duration over the past two months as yields climbed, according to research by JPMorgan Chase. Investors have been building positions by «piling into» high-grade corporate bonds to avoid the negative carry of government debt, said Nikolaos Panigirtzoglou, a global market strategist at the lender. Long-dated corporate bonds are winning back investors who fled as the market dialed back bets on imminent easing by the Federal Reserve. Now, the allure is returning as markets price in two rate cuts this year after data showed US inflation ebbing for the first time in six months.

Also Read: ONGC, ITC, NTPC, Sun Pharma, Nykaa among companies to declare earnings this week Meanwhile, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain shut on Monday, May 20 because of the fifth phase of Lok Sabha elections 2024. Due to the general elections voting, trading in derivatives, equities, SLBs, and currency derivatives, along with interest rate derivatives, will remain closed today. The list of companies to declare their Q4 results today, May 20 includes ONGC, Indian Railway Finance Corporation (IRFC), Bharat Electronics (BEL), Oil India, SAIL, Triveni Engineering & Industries, Chemplast Sanmar, India Cements, KRBL, Nesco, Rolex Rings, VRL Logistics, Deepak Nitrite, Whirlpool of India, City Union Bank, Redtape, Power Mech Projects, etc.

Stock Market News: The domestic benchmark indices, the Sensex and the Nifty 50, finished the special live trading session on Saturday, May 18, with gains, extending their current three-day rally driven by fresh foreign capital inflows and encouraging cues from across the globe. The small and mid-cap indexes outpaced the benchmark indices, and all sectoral indices finished in the green. The 30-share BSE Sensex closed at 74,005.94 in the second special trading session, up 88.91 points, or 0.12%.

Also Read: Lok Sabha Elections 2024: Polling in Mumbai today! Know what's closed, what's open On Tuesday, May 21 at 9:15 IST, the stock market will resume regular trading, but, following a fifteen-minute pre-opening session that begins at 9:00 IST, according per the BSE and NSE websites. The fifth phase (Phase 5) of the general elections for 2024 is slated to take place on Monday, May 20, and voting will take place in as many as 49 Lok Sabha seats, which are spread across six states and two Union territories (UTs).

India will soon start negotiations for concluding a free trade agreement (FTA) with Russia-led Eurasian Economic Union (EAEU) that will give the country a smooth access to markets of five resource-rich post-Soviet states. Indian exporters from sectors such as engineering goods, electronics and agriculture will get a boost from the agreement, experts on the EAEU said. The EAEU comprises Russia, Belarus, Armenia, Kazakhstan and Kyrgyzstan.

European Union about its proposed regulation that seeks to benchmark exporting countries as low or high risk basis deforestation levels. The EU's deforestation-free product regulation has implications for India's coffee, cocoa, soya, wood products, rubber and its products, and leather goods exports. The regulation requires firms to ensure that the product exported to the EU has been grown on land which has not been deforested after December 31, 2020. It prescribes fines up to 4% of a firm's annual turnover in the EU, confiscation of product and revenues gained from a transaction. The new rules will apply to large firms from December 2024 and small firms from June 2025.

business strategies that involve imports of crucial raw materials and machinery from China. Last week, S Jaishankar obliquely questioned the patriotism of firms that source material from China that could be bought or manufactured locally. 'If peace and tranquillity in border areas are disturbed, would you do business with someone who has just barged into your drawing room and is trying to make a mess of your house fencing? It's common sense that if a country has gone back on written agreements and is doing something on our borders, how can we then say that the business world will continue as normal and other things won't,' the foreign minister said at the CII annual business summit in New Delhi last Friday. The timing of this statement is significant for two reasons. One, it comes just 17 days before EC is due to announce the results of the ongoing parliamentary elections that will lead to the formation of the next government. Two, China has just emerged as India's biggest trading partner surpassing the US, according to figures released by Global Trade Research Initiative (GTRI).

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

Bitcoin (BTC) is trading at $67,330.50, up 0.15% in the last 24 hours, with a trading volume of $16.3 billion. Retaining its top position on CoinMarketCap with a market cap of $1.33 trillion, Bitcoin’s current dynamics are fueling speculation.This Bitcoin price prediction explores whether Chinese whales are driving the recent surge amid the substantial trading volume.

SpaceX has become one of the investing world’s most exclusive clubs. Invites circulate via group chats, word of mouth and emails marked confidential. Investment vehicles providing access to Elon Musk’s closely held rocket and satellite company have generated hefty demand, and fees for those arranging them.

Cryptocurrency markets are constantly evolving, with new opportunities emerging as the bull run of 2024 gains momentum. Behind the surge, a few lesser-known cryptocurrencies are carving their niche, capturing the attention of savvy investors. This article delves into BLP, STRK, HFT, and BLUR, each poised to make a significant impact. With a closer look, one might find the potential for significant growth hidden beneath their current market positions. This analysis aims to shed light on these selections, guiding readers through their unique propositions.

Stocks to buy or sell: GAIL to Ashok Leyland — Sumeet Bagadia recommends three stocks for May 21 The Lok Sabha elections in Maharashtra are structured across five phases, with the first four taking place on April 19, April 26, May 7, and May 13 respectively. The final phase is slated for May 20, followed by the tallying of votes on June 4. In light of the fifth phase of the general election, banks in Maharashtra will remain closed on May 20.

₹1,959 crore was paid as visa fees for the 1.4 million US visitor and work visas processed across consulates in India in 2023. Additionally, the average waiting time for visitor visa appointments was 250 days. Passport strength is closely connected to the business environment, especially for the high-ranked countries.

₹1,47,935.19 crore. Notably, Life Insurance Corporation of India (LIC) and Reliance Industries stood out as the primary beneficiaries of this surge. During the same period, the BSE benchmark surged by 1,341.47 points, marking a growth of 1.84 per cent.

Margin Trading Facility is an exchange approved product. It's a safe and secure product that lets investors purchase more stocks with the limited capital. It involves borrowing money from a brokerage to purchase stocks and repaying the capital with interest later. This method is often referred to as leverage trading, amplifies returns but carries risks associated with market fluctuations. Increased Purchasing Power: Margin Trading Facility enables traders to increase their purchasing power. It addresses the challenge of insufficient capital by allowing investors to take larger positions with only a fraction of the trade value paid upfront. By allowing investors to borrow funds to purchase securities, opens up opportunities to engage in bigger trades than otherwise possible with their available cash alone.

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