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Buy or sell stocks: After moving into a narrow range movement in the last few sessions, the Indian stock market witnessed a decisive intraday upside breakout on Thursday. The Nifty 50 index gained 203 points and closed at the 22,326 level, the BSE Sensex surged 655 points and closed at the 73,651 mark whereas the Bank Nifty index shot up 338 points and ended at the 47,124 level. In the broad market, the small-cap index gained 0.33 percent while the mid-cap index scaled 0.62 percent north on the last trade session of FY24.

gold in the last one week has been -0.85% .whereas in the last month it has been -7.05%. The cost of silver is Rs.77800.0 per kg up by Rs.200.0 per kg. Gold Rate Today in Delhi is ₹69135.0/10 grams.

The Indian rupee's path against the US dollar is one of long-term appreciation as India builds increasingly strong services and goods export buffers to offset the country's traditional current account deficit, said Patrick Law, head of Asia-Pacific fixed income, currencies, and commodities trading, at Bank of America. While a weaker Chinese yuan and the risk of US rates staying higher for longer pose risks for emerging market currencies, the rupee is «a very special case» because of India's bullish outlook, Law tells Bhaskar Dutta. Edited excerpts: Amid sharp swings in the US dollar and Asian currencies, the rupee continues to be stable. Have the fundamental drivers changed for the Indian currency? I am very bullish on India. It's not just about global bond index inclusion. It's about the long-term prospects of the country and the economy, foreign inflows, and investment. India is definitely benefiting from the China-plus-one narrative.

Piyush Goyal said Friday. The theme of the upcoming general election is Viksit Bharat with a focus on «nari shakti» and «bhrashtachar-mukt Bharat (women power and corruption-free India),» he added. India's growth will be based on the twin pillars of being inclusive and sustainable and the government wants to ensure that people are free from having to worry about the necessities of «roti, kapda aur makaan». «We believe that nobody should slip back into poverty. As people's basic needs are being met with free ration and other benefits, they should be free from the tension of daily needs,» Goyal said at a meeting with ET journalists. «We want an aspirational India, which can dream of big leaps and aspire for high quality of life.»

Bitcoin’s price, now at $70,768 with a 1.50% rise, is nearing uncharted territory, spurred by a $35 billion trading volume.

CFTC Commissioner Caroline D. Pham issued a statement Friday seemingly criticizing her own agency for its latest “aggressive enforcement action” following the agency’s KuCoin charges, saying it might “infringe upon the SEC’s authority.”

In its National Trade Estimate Report on Foreign Trade Barriers 2024, the US Trade Representative (USTR) said: «Since 2021, US firms have been subject to an increasing number of takedown requests for content and user accounts related to issues that appear politically motivated». As per the report, India's customs system is complex and open to administrative discretion. It also cited a lack of clarity on definitions related to brand owners, date markings, non-retail containers, and multi-unit pack on alcoholic beverages.

Easter baskets this year. Chocolate eggs and bunnies are more expensive than ever as changing climate patterns eat into global cocoa supplies and the earnings of farmers in West Africa. About three-quarters of the world's cocoa — the main ingredient in chocolate — are produced on cacao trees in Ghana, Ivory Coast, Nigeria and Cameroon. But dusty seasonal winds from the Sahara were severe in recent months, blocking out the sunlight needed for bean pods to grow. The season prior, heavy rainfall spread a rotting disease. With exports from the Ivory Coast, the world's top producer, down by a third in recent months, the global price of cocoa has risen sharply. Cocoa futures have already doubled this year, trading at a record high of more than $10,000 per metric ton in New York on Tuesday after rising more than 60% the previous year. Farmers who harvest cacao beans say the increases aren't enough to cover their lower yields and higher production costs.

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bridge collapse that closed the Port of Baltimore has raised concerns about the disaster's potential impact on the global supply chain. Authorities have warned that extensive work is needed before the major port can reopen following Tuesday's catastrophic cargo ship collision, which has blocked the harbour's entrance.

FY24 Stock Market Recap: BSE PSU index gains 92%, 37 stocks surge over 100%; check top gainers “In pursuance of SEBI guidelines for periodic revision of lot sizes for derivatives contracts specified in the SEBI circular CIR/MRD/DP/14/2015 dated July 13, 2015, the market lots of derivatives contracts shall be revised," the stock exchange said in the notification. The derivative lot size of 128 stocks remains unchanged, encompassing companies such as Apollo Hospitals, Bajaj Finance, Asian Paints, and Adani Enterprises. Also read: FY24 Review: Gold price continues to glitter amid geopolitical concerns; outlook bullish for FY25 For 6 stocks, the lot size has been increased, including Zee Entertainment, Polycab India, Navin Flourine, Dalmia Bharat, Bandhan Bank, and Atul.

According to data from the global crypto data platform CoinMarketCap, these meme coins collectively accounted for approximately half of the total trading value, which amounted to $113 million, on the top three Indian crypto exchanges within a 24-hour period ending at 7 pm on March 5th, 2024. This surge in trading activity is notable, considering that prior to this uptick, these ‘penny-stock-like’, highly volatile coins held around a 30% share in the overall value of crypto trades in India. The sudden spike in trading activity commenced on March 3rd 2024, indicating a renewed interest among investors in these speculative assets. Meme coins, characterised by their whimsical origins and erratic price movements, have attracted a significant portion of the trading volume on Indian exchanges, highlighting the growing appetite for high-risk, high-reward investments in the cryptocurrency space.

India and Ukraine «traditional friends', Ukrainian Foreign Minister Dmytro Kuleba said that Kyiv is looking forward to restoring relations with New Delhi that existed before the conflict, adding that there is much more both the nations can do in the interest of global development and security architecture. He stated that Ukraine will be looking forward to discussing new areas of cooperation with India. At the meeting with External Affairs Minister S Jaishankar, Kuleba stated that Ukraine will be looking forward to discussing new areas of cooperation with India.

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1:2 stock split: Money is not in just buying and selling stocks but in holding it for as long as one can. A long-term investor not just gains from the rise in the stock price but from the various other rewards that a listed company declares from its capital reserves. These rewards could be in the form of bonus shares, dividends, buyback of shares, stock split, etc.

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Mutual fund registrar and transfer agents (RTAs) CAMS and KFintech are urging MF investors via email to ensure they comply with this essential requirement. According to Ashish Aggarwal, Director, Acube Ventures, non-compliance could mean a sudden halt to the crucial transactions of SIPs, SWPs, and redemptions from April 1. This RE-KYC is a regulatory need, in the sense that it is SEBI's master circular on norms of KYC and the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005, said Aggarwal.

Also Read- Expert view: Corporate earnings growth, geopolitical stability key triggers for FY25, says Niraj Kumar Fed officials signaled a dovish reaction at the March FOMC, sticking with a median projection of three rate cuts this year despite higher growth and inflation forecasts, which makes our economist team more confident of the first rate cut to come in June 2024. FED’s stance of maintaining three rate cuts for this year was cheered by the bond as well as the equity market and in our view, any delays might sour investor sentiments. In our 2024 outlook, we mentioned that we expect single-digit returns for Nifty-50 and for mid and small caps to underperform large caps.

Bitcoin (BTC) sustained its rise, trading at approximately $70,750 as the cryptocurrency market’s total value approached $2 trillion, currently at $1.97 trillion, marking a 1.75% increase in 24 hours.

Buy or sell stocks: Despite a strong rally in PSU bank stocks, shares of State Bank of India (SBI) remained a laggard. However, the SBI share price has delivered strong upside movement in the last two months. SBI share price has risen from around ₹605 to ₹753 apiece level, logging around 25 percent rise in this time.

Mainland China stocks rose after the open on Friday, adding to the healthy gains recorded a day earlier. In early trade, the Shanghai Composite Index gained 0.27 percent, or 8.26 points, to 3,018.92, while the Shenzhen Composite Index on China's second exchange climbed 0.4 percent, or 6.90 points, to 1,739.50.