Trade Financial News

Tube Investments of India Ltd. traded at Rs 3587.3 on BSE at 10:00AM (IST) on Friday, up 2.99 per cent from previous close. The stock quoted a 52-week low price of Rs 2432.0 and a high of Rs 4120.8.

Europe’s tool to tax pollution linked to goods made abroad underline the challenges of motivating companies worldwide to go greener. Slow communication and technical difficulties have held up businesses’ compliance with the European Union’s new Carbon Border Adjustment Mechanism, which is designed to protect local producers against competition from countries with lower environmental standards. In Germany, less than 10% of companies have registered to the platform as of Feb. 28, according to people familiar with the matter. Given the issues, the European Commission extended its deadline to submit reports for a second time — until the end of March — in an announcement made to member states this week, said the people, who asked not to be named as the details are private.

CMA CGM expects disruptions to commercial shipping to last months, Chairman and CEO Rodolphe Saade said. Shipping firms are diverting vessels on to the longer, more costly route around southern Africa after Houthi militants in Yemen began drone and missile attacks on ships in the Red Sea and Gulf of Aden last November. «This will probably last for some months,» Saade said.

Sadhav Shipping debuted with a premium of 42% on the NSE SME platform on Friday. The stock listed at Rs 135 as against an offer price of Rs 95. Ahead of the listing, the company's stock traded with a premium of Rs 30 in the unlisted market.

Indian equity indices traded with gains on Friday, as faster-than-expected domestic economic growth and in-line U.S. inflation data boosted sentiment. The BSE Sensex was trading 405 points or 0.56% lower at 72,905. Nifty50 was trading at 22,119, up 139 points or 0.63% at around 9.20 am.

Bitcoin ETFs – fueled by fear of missing out on the latest crypto rally. BlackRock Inc.’s iShares Bitcoin Trust (ticker IBIT) netted $612 million Wednesday in its biggest one-session haul, breaking a record set just a day prior, data compiled by Bloomberg show. Altogether, the 10 new exchange-traded funds investing directly in the world’s biggest cryptocurrency took in a net $673 million, even with the outflows seen by Grayscale Bitcoin Trust (GBTC). The cash pouring into the funds handily beat their launch day record of $655 million set on Jan. 11.

The Nifty future closed positive with gains of 0.28% at 21983 levels on Thursday. India VIX was down by 4.65% from 16.33 to 15.57 levels. Volatility cooled off after steaming in the entire week and paved the way for the bulls in the market.

Day trading guide for Indian stock market today: Aided by monthly F&O expiry and MSCI rebalancing volumes, the Indian stock market witnessed sharp upside movement in the last 30 minutes of the Thursday session. The Nifty 50 index ended 31 points higher at 21,982 level, the BSE Sensex went up 195 points and closed at 72,500 mark whereas the Bank Nifty index scaled 157 points north and ended at 46,120 level. Cash market volumes on the NSE rose to 1.45 lakh crore due to MSCI rebalancing volumes.

Hezbollah and the Israeli army have been trading fire since the Palestinian group Hamas stormed southern Israel from the Gaza Strip on Oct. 7, in a steadily intensifying conflict that has fuelled concern of wider escalation. "The war in the south is linked to the aggression on Gaza on the one hand, and to securing means of protection for our country on the other," senior Hezbollah politician Hassan Fadlallah said.

Also Read: Chicago Distressed Properties Lure Bargain-Hunting Buyers Feb. 18: Chinese Premier Li Qiang called for “pragmatic and forceful" action to boost the nation’s confidence in the economy. Officials should focus on solving practical problems faced by individuals and companies as the holiday ends, Li said, adding that they need to “win the trust of the people with real work and achievement." Feb.

Bank Holidays in March 2024: Mark your calendars for the following upcoming bank holidays this month of March 2024. All banks will remain closed for at least 14 days in March.

Red Sea operations, the Iran-aligned group's leader Abdul Malik al-Houthi said in a televised speech on Thursday. Houthi militants have repeatedly fired on international commercial ships since mid-November in solidarity with Palestinians over the Israel-Hamas war in Gaza.

export violations including Chinese employees in China improperly downloading documents related to U.S. Defense Department programs.

Sensex gained 195.42 points, or 0.27%, to close at 72,500.30, while the Nifty 50 settled 31.65 points, or 0.14%, higher at 21,982.80. “Recent global economic data releases pushed investors back after a rally that was seen recently. Further, the US Fed’s preferred inflation gauge, personal consumption expenditures (PCE), holds key importance from an interest rate perspective.

Sensex gained 195.42 points, or 0.27%, to close at 72,500.30, while the Nifty 50 settled 31.65 points, or 0.14%, higher at 21,982.80. Nifty formed a small positive candle on the daily chart with upper and lower shadow.

Former Canadian prime minister Brian Mulroney has died at the age of 84.

In this article

Investing.com — Dell Technologies reported Thursday fourth-quarter results that topped Wall Street as rising demand for its artificial-intelligence-optimized servers offset weakness in personal computing.   

(Reuters) -Dell Technologies beat Wall Street estimates for fourth-quarter revenue and profit on Thursday helped by demand for its AI servers, sending its shares up 19% in after hours trading.

Last week, the European Union (EU) witnessed a surge in digital policy activity that could impact trade ties with India. On 17 February, the Digital Services Act (DSA), which mandates increased safety compliance for online platforms, took effect. Also, on 21 February, the EU brought out a white-paper on ‘How to master Europe’s digital infrastructure needs’ advocating economic protection for its communication industry.

AAVE will be joining the BNB ecosystem. Uniswap’s (UNI) staking activity could increase following a new proposal from its foundation.However, gaming adventures excite investors the most after a revenue generation of $2.4 million in NuggetRush’s (NUGX) presale. Furthermore, its value has increased by 80%. Yet, can NUGX perform better than other P2E altcoins? Let’s discuss.