Trade Financial News

Short-term traders can look to buy the stock now for a target above Rs 700 levels in the next 2-3 months, suggest experts. Shares of Ambuja Cement rose from Rs 501 as of December 6, 2023, to Rs 603 recorded on March 7, 2024, an upside of about 20% in just 3 months.

Meta Platforms for allegedly failing to protect some users of online marketplaces operated by Facebook and Instagram against fraudulent transactions, news reports said on Friday. The Korea Fair Trade Commission (FTC) had investigated possible violations of the country's e-commerce law and had sent an examination report to Meta late last year, Yonhap news and the Dong-a Ilbo newspaper reported, citing unnamed sources.

TLDR

Two tokens have recently captured the attention of investors: Shiba Inu (SHIB) and PEPE. Meanwhile, there is a growing enthusiasm for algorithmic trading, and this is where newcomer Algotech (ALGT) thrives.

demat accounts for equity investors, prioritising investor safety and transparent transactions. Demat accounts store shares electronically, facilitating easy trading. However, investors may end up with dormant accounts, incurring maintenance fees if they do not trade on a regular basis.

European shares are mostly declining, but Asian benchmarks finished higher after U.S. stocks climbed to records

In a recent conversation with ETMarkets, Shilpa Rout, AVP — Research, Prabhudas Lilladher, shared her remarkable journeyand insights into women's participation in the financial sector. Hailing from Odisha, Shilpa embarked on a career path in capital markets, driven by her fascination with stock trading. Despite initial aspirations in marketing, she found her true calling in derivatives trading, leveraging internships to build expertise and confidence in the field.

The United States Securities and Exchange Commission (SEC) has delayed the decision to approve options trading on spot Bitcoin exchange-traded funds (ETFs). 

UK Secretary of State for Business and Trade Kemi Badenoch has said. The minister in charge of signing off on the free trade agreement (FTA), now in its 14th round of negotiations, pointed to India's «protectionist economy» in comparison with the UK's liberalised regime as one of the factors behind the long-drawn discussions. Badenoch, who was speaking during a Global Trade conference at the think tank Chatham House on Thursday, stressed that she wanted to ensure a “commercially meaningful” pact as opposed to just a pre-election picture opportunity.

By Rae Wee

Broadcom said on Thursday it expects $10 billion in revenue from chips related to artificial intelligence this year, but its stock dipped after the tech company's full-year forecast failed to impress investors.Smaller rival Marvell Technology's forecast revenue below market expectations, sending its stock down over 6% in extended trading. Both companies are being closely watched by investors who believe they will capture a piece of the boom in AI technologies such as OpenAI's ChatGPT or Google's Gemini.

J P Singh held talks with Taliban's acting foreign minister Amir Khan Muttaqi. Muttaqi called for facilitating the issuance of visas by India for Afghan businessmen, patients and students. Meanwhile, both sides discussed issues relating to security, trade and ways to counter-narcotics, an Afghan statement said on Thursday. Singh said India is interested in expanding economic cooperations with Afghanistan and enhancing trade through Chabahar port, it added.

China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38% while its exports of key components almost doubled. Get ready for an even bigger display of China's solar energy dominance. While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing far ahead.

By Harshit Verma

SEOUL (Reuters) — South Korea's antitrust agency will consider imposing sanctions on Meta Platforms (NASDAQ:META) for allegedly failing to protect some users of online marketplaces operated by Facebook and Instagram against fraudulent transactions, news reports said on Friday.

Sarbananda Sonowal, has said that the UNNATI scheme announced by the Union cabinet is a gamechanger initiative by PM Narendra Modi, which is going to boost development of newer industries in the Northeast. Sonowal stated, “The UNNATI 2024 is a gamechanger initiative by PM Narendra Modi ji which going to boost development of newer industries in the Northeast. The vision of our Prime Minister Narendra Modi ji for the region as the Powerhouse of India's economic growth is being realised with this massive initiative for economic growth and huge prospect for employment generation in the region. With a financial outlay of more than Rs 10,000 crores, the Northeast adds another reason for newer investment by manufacturing companies to set up their plants. Modiji's commitment to empower 'Act East policy' through the UNNATI 2024 will not only propel growth in the region but also act as a multiplier for trade and commerce of India with Southeast Asia." The Union Cabinet approved the proposal of the Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade for Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI – 2024) for a period of 10 years from the date of notification along with 8 years for committed liabilities at a total cost of Rs.10,037 crore.

Asian stocks rose to a seven-month peak on Friday, tracking global peers as investors cheered the prospect of an imminent rate easing cycle led by major central banks, keeping the dollar and Treasury yields under pressure. Japan remained an outlier as expectations mount that the Bank of Japan (BOJ) could finally exit negative interest rates this month. That lit a fire under the yen and sent domestic bond yields rising.

Worldcoin controversy in South Korea is driving trades on the Bithumb crypto exchange, a media report has claimed.

By Aatrayee Chatterjee

Whether you’re an Investment Advisor Representative at an RIA firm or an Individual RIA, you should be familiar with the top RIA custodians. As of this writing, the “big four” RIA custodians (in no particular order) are Pershing, Fidelity, LPL Financial and Charles Schwab.  

It’s not an exaggeration to say that your choice of RIA custodian is one of the biggest and most impactful decisions you can make as an individual RIA or RIA firm. After all, your chosen RIA custodian reflects your brand and, most crucially, handles your client’s accounts and assets.