Trade Financial News

DEX+ allows users to trade directly on decentralised exchanges (DEXs) through the MEXC app and website, offering access to a wide range of on-chain assets. The initial version of DEX+ will support the Solana ecosystem, enabling users to trade over 10,000 tokens available on Raydium and pump.fun, with future expansion to additional DEXs and blockchain networks, with support for the BSC chain launching on March 26, allowing users to trade trending assets on BSC soon.

Eli Lilly has launched Mounjaro (tirzepatide) in India, a drug hailed for its ability to manage diabetes and trigger dramatic weight loss. Originally designed for type 2 diabetes, its secondary benefit—helping users shed up to 20% of their body weight—has turned it into a global phenomenon. But while the buzz is strong, the drug comes with a steep price tag: ₹3,500 for a 2.5 mg vial and ₹4,375 for 5 mg, making long-term use an expensive commitment.

Subscribe to enjoy similar stories. Bengaluru: Early-stage startups are tweaking their supply chain operations and rushing to tie up with companies including Blinkit, Zepto and Instamart to make quick commerce their primary distribution channel and accelerate sales, according to company executives and investors.

Subscribe to enjoy similar stories. Sovereign Gold Bonds (SGBs) were introduced nine years ago. These were launched to give investors an opportunity to invest in the much-loved yellow metal in dematerialized form.

Benchmark NSE Nifty index rose 231.8 points to 23582.2 amid buying in frontline bluechip stocks.

Persistent Systems Ltd.(up 1.55 per cent), Tech Mahindra Ltd.(up 1.39 per cent), Wipro Ltd.(up 0.99 per cent), LTIMindtree Ltd.(up 0.77 per cent) and Tata Consultancy Services Ltd.(up 0.65 per cent) were among the top gainers.

The NSE Nifty index was trading 226.8 points up at 23577.2, while BSE Sensex was up 733.6 points at 77639.11 at the time of writing this report.

Chicago Mercantile Exchange is a leading global financial institution. It trades commodities, currencies and exotic products like weather derivatives. But it started in 1898 as the Chicago Butter and Egg Board, a more downmarket operation from the grain traders who dominated the market. Eggs were disregarded by leading traders because they came not from the farmers who raised grain and cattle on Midwestern farms, but from their wives who tended to backyard flocks of chickens. “Local merchants often accepted the eggs as a courtesy to the farm wives; they then packed the eggs off to Chicago,” writes Kara Newman in The Secret Financial Life of Food. A ‘nest egg’ was a dummy egg placed in nests to encourage hens to lay, but it also came to mean the private funds that women built through this trade. The US is currently reeling under egg shortages, primarily caused by flocks being culled due to avian flu. At one point, the price crossed $8 per dozen, more than double their usual price. The US is desperately searching for eggs abroad, much to the amusement of countries like Canada, which are suffering under President Trump’s tariffs. Trump recently posted a link to an article with the ill-tempered headline: ‘Shut Up About Egg Prices – Trump is Saving Consumers Millions’.

manufacturing expansion failed to offset a slowdown in the services sector, a private survey showed on Monday. HSBC's flash India Composite Purchasing Managers' Index, compiled by S&P Global, slipped to 58.6 in March from February's final reading of 58.8, lower than a Reuters poll's median prediction of 59.0. The 50-mark divides growth from contraction. The manufacturing PMI index increased to 57.6 from 56.3, remaining in the expansion territory for more than three-and-a-half years. But the dominant-services sector's PMI index fell to 57.7 from 59.0 in February, contributing to the fall in the overall index.

Kotak Mahindra Bank Ltd.(up 3.66 per cent), Canara Bank(up 3.03 per cent), Federal Bank Ltd.(up 2.82 per cent), Axis Bank Ltd.(up 2.77 per cent) and Punjab National Bank(up 2.64 per cent) were among the top gainers.

growth story among emerging markets, according to Gustavo Medeiros, Head of Research at Ashmore Group, a global investment manager. While the firm had taken a cautious tactical approach over the past year, it is now gradually rebuilding exposure to Indian equities. Speaking in an interaction with ETNow, Medeiros said, “Absolutely, the world loves India. It is the most exciting structural story in emerging markets.” He added that India's appeal has grown significantly over the last decade thanks to “economic policies [that] have been much more pro-market.”

Samvardhana Motherson International Ltd.(up 2.24 per cent), Bharat Forge Ltd.(up 1.74 per cent), MRF Ltd.(up 1.74 per cent), Balkrishna Industries Ltd.(up 1.42 per cent) and Exide Industries Ltd.(up 1.37 per cent) were among the top gainers.

Future Consumer Ltd.(up 4.01%), Bajaj Consumer Care Ltd.(up 2.46%), LT Foods Ltd.(up 1.79%), Patanjali Foods Ltd.(up 1.71%), Gopal Snacks Ltd.(up 1.65%), Honasa Consumer Ltd.(up 1.60%), Adani Wilmar Ltd.(up 1.41%), Dangee Dums Ltd.(up 1.38%), Heritage Foods Ltd.(up 1.35%) and Colgate-Palmolive(India)Ltd.(up 1.23%) were among the top gainers.

Stocks that rallied over 10% included, Bimetal Bearing(14.34%), Lotus Eye Hosp(14.32%), Apollo Finvest(14.11%), Rishabh Instruments(13.83%), Dhanalaxmi Roto(13.21%), Sarvottam Finvest(12.33%), Nandan Denim (12.22%), Deco-Mica Ltd(12.13%), Salzer Electro(12.07%) and Balu Forge Ind(10.66%).

As a child growing up in the 1980s on the outskirts of London, they appeared for a month or so to herald the arrival of the hottest time of the year. Their air of rare luxury during the brief height of the English summer helps explain their indelible association with the Wimbledon tennis tournament, where more than two million are consumed each year. How things have changed. My own children are likely to grow up thinking of them the way I think of apples or bananas — affordable, year-round fruits, barely more exotic than potatoes. This is all due to remarkable innovation in recent decades that has turned a once-rare crop into a harvest on the scale of the global coffee or leather trades. It’s also a sign of how such progress can make efforts to protect the environment harder.

Subscribe to enjoy similar stories. Consumer durable stocks, especially those dealing in cooling products, tend to rise ahead of summer, driven by expectations of stronger sales. This time, too, the early onset of summer and forecasts of above-average temperatures and heat waves make it even more special.

Gustavo Medeiros, Global Head of Research, Ashmore Investment Management, says India still trades at a premium to emerging markets but is a much smaller premium than it was before the correction, about three-four months ago. Therefore, Ashmore has started to look into some of the companies that they like to find opportunities. In terms of structural stories, Medeiros says one should look into are overarching trends that have many years to play out. One of the top trends in India is inclusion of women in the labour market and the ability of India to absorb more manufacturing. These are two interesting structural trends and one should look into companies that will benefit from that from that perspective. Ashmore has always loved India, hasn’t it? Gustavo Medeiros: Absolutely, yes, the world loves India. It is the most exciting structural story in emerging markets. It has been for many years, but particularly over the last 10 years, since economic policies have been much more pro-market.

“India's consumption has been a robust long-term story. As economic development accelerates and the middle class grows, the potential for further expansion in the consumer market is set to increase significantly,” says Harshad Patil, CIO, Tata AIA. In an interview with ETMarkets, Patil said: “We see strong potential in some sectors such as Retail, Quick Commerce, Healthcare, FinTech ,Travel and Hospitality, Consumer Durables and Automobiles,” Edited excerpts: Thanks for taking the time out. After a nearly 6% drop in February 2025, volatility continues in March. What is weighing on markets? In the month of March, Indian equities have been under pressure due to tariff concerns. The recent announcement of new tariffs by the U.S. President, including a 25% levy on select imports from Mexico and Canada, has led to a surge in market volatility across the globe.

The Nifty future closed positively with gains of 0.78%, at the 23,382 level on Friday. India VIX fell by 0.2% to close at 12.58 in the previous trading session.