Trade Financial News
16.02 / 12:18
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Data Patterns share price jumps 9%, what's driving the rally?
₹2,035 on the NSE during pre-open trade on Friday, driven by a significant block deal worth ₹1,100 crore. Approximately 60 lakh shares were traded in this substantial transaction, according to a report by CNBC TV18. Also read: TVS Motor market cap surpasses ₹1 lakh crore mark, share price hits 52-week high A foreign entity acted as the seller in the Data Patterns block deal, while a group of foreign institutional investors (FII) and domestic institutional investors (DII) were among the anticipated buyers, as per sources quoted by the report.
16.02 / 11:55
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Futures mixed, Coinbase's earnings beat - what's moving markets
Investing.com -- U.S. stock futures pointed to a mixed opening on Wall Street after equities advanced in the prior session. Coinbase (NASDAQ:COIN) reports better-than-anticipated earnings in the fourth quarter thanks to a jump in activity on the crypto exchange following the approval of exchange-traded funds tracking the spot price of Bitcoin. Meanwhile, Jeff Bezos sells a further $2 billion in Amazon (NASDAQ:AMZN) shares and Nike (NYSE:NKE) reportedly plans to lay off 2% of its workforce.
16.02 / 11:55
16.02 / 11:55
16.02 / 11:55
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inflation data
S&P, Nasdaq futures rise ahead of inflation data; Applied Materials surges
(Reuters) — Futures tracking the S&P 500 and the Nasdaq gained on Friday as investors looked forward to a producer inflation report for more cues on the timing of interest rate cuts, while shares of Applied Materials (NASDAQ:AMAT) surged following an upbeat revenue forecast.
16.02 / 11:33
16.02 / 11:33
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Natco Pharma share price gains 18% to scale 52-week highs on strong Q3 performance; Should you Buy, Sell or Hold?
Natco Pharma gained more than 18% during intraday trades to scale 52- week highs on Friday. The stock closed with gains of around 15.8% by end of the trading session. The strong beat in Q3 performance has lifted investor sentiments.
16.02 / 11:33
COST
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Bharat Bandh: Delhi incurs loss of ₹300 crore so far, says traders' body as farmers' protests continue
Bharat Bandh: Two farmers' unions, including the Samyukta Kisan Morcha (SKM) and Bharatiya Kisan Union (BKU) have called for Bharat Bandh on February 16, to get their demands fulfilled. Delhi alone is expecting to have lost around ₹300 crore in business amid the ongoing protests, according to Praveen Khandelwal, the national secretary general of the Confederation of All India Traders (CAIT).
16.02 / 11:33
markets
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What is PM Vishwakarma Yojana? From features to eligibility criteria; all you need to know
PM Vishwakarma Scheme encompasses various primary goals focused on providing support and empowerment to artisans and craftspeople in India. Here are some of the pivotal objectives: Skill and knowledge enhancement: The initiative encourages skill development by organizing training programs and workshops. This enables artisans to enhance their traditional skills, acquire new techniques, and produce improved products.
16.02 / 10:49
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Stock market today: Nifty 50, Sensex rise over 1% this week as focus shifts to fundamentals; Wipro, M&M, SBI shine
BSE Midcap index rose 0.78 per cent while the Smallcap index clocked a gain of 0.68 per cent. Also Read: Nifty 50 to Sensex: Why Indian stock market has been rising for last four days — explained with 5 crucial reasons The overall market capitalisation of the firms listed on the BSE rose to nearly ₹389.5 lakh crore from nearly ₹387.3 lakh crore in the previous session, making investors richer by about ₹2.2 lakh crore in a single session. All sectoral indices, except for Nifty Oil & Gas (down 0.61 per cent) and PSU Bank (down 0.36 per cent), closed higher.
16.02 / 10:49
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TVS Motor market cap surpasses ₹1 lakh crore mark, share price hits 52-week high
₹1 lakh crore in market capitalisation on Friday, buoyed by a surge of over 4% in its stock price, which reached a new 52-week high of ₹2,186 on the NSE. These gains were fueled by several factors, including a significant 28.57% stake subscription in the Indian Foundation for Quality Management (IFQM) and robust buying activity observed across most automotive stocks. TVS Motors has announced its intention to acquire 2.5 crore equity shares valued at ₹10 each, totaling ₹25 crore.
16.02 / 08:56
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Shares of Adani Power fall as Nifty gains
Adani Power Ltd. slipped 0.59 per cent to Rs 558.0 in Friday's trade as of 02:04PM (IST). It hit a high of Rs 566.6 and low of Rs 555.5 during the session. The stock quoted a 52-week high price of Rs 589.3 and a low of Rs 132.55. The return on equity for the stock stood at 65.35 per cent. About 48,991 shares have changed hands on the counter so far.
16.02 / 08:55
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Max Healthcare shares down 0.72% as Sensex rises
Max Healthcare Institute Ltd. fell 0.72 per cent to Rs 857.85 in Friday's session as of 02:09PM (IST) even as the equity benchmark Sensex traded 425.85 points higher at 72476.23. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 909.0 and a 52-week low of Rs 412.0 on NSE. Around 32049 shares changed hands on the counter till 02:09PM (IST).
16.02 / 08:31
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scotty the ai
This Is Why AI-Focused Crypto Project Scotty The AI (SCOTTY) Could Leave A Huge Mark On The Industry
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
16.02 / 08:31
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Uniswap’s New Chapter: V4 Introduction & $10 Million UNI Airdrop
Uniswap, a leading decentralized finance (DeFi) platform, today unveils Uniswap V4, marking a pivotal advancement in the DeFi sector. Alongside, a $10 million UNI airdrop is announced, celebrating the launch and reinforcing Uniswap’s commitment to its vibrant community.
16.02 / 08:09
IPO
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Investigations
Borosil Renewables stock surges 11% as India initiates anti-dumping probe on solar glass imports from China
Borosil Renewables, a solar glass manufacturer and a subsidiary of the Borosil group, witnessed a significant surge in its stock price during today's intraday trade, climbing 11% to ₹598.65 per share. This rise came after India initiated an anti-dumping investigation into specific solar glass imports from China and Vietnam, prompted by complaints from domestic industry players.
16.02 / 07:59
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Rate Cut
Oil flat as weaker IEA outlook weighs on US rate cut hopes
By Mohi Narayan and Yuka Obayashi
16.02 / 06:55
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Share price of Ashok Leyland jumps as Sensex gains 377.32 points
Ashok Leyland Ltd. gained 0.28 per cent to Rs 175.0 at 12:07PM (IST) in Friday's trade. The counter has hit a high of Rs 176.65 and low of Rs 174.1 so far during the session. The stock had closed at Rs 174.5 in the previous session. The counter has had a total traded volume of 709224 shares so far with a value of Rs 12.44 crore on the NSE. It traded at a price-to-earnings multiple of 21.58 and a price-to-book ratio of 4.78.
16.02 / 06:55
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Bajaj Holdings shares gain 1.45% as Sensex rises
Bajaj Holdings & Investment Ltd. traded 1.45 per cent higher in Friday's session at 12:17PM (IST). The stock opened at Rs 8767.95 and has touched an intraday high and low of Rs 8915.15 and Rs 8729.65, respectively, during the session so far. The stock quoted a 52-week high of Rs 8915.15 and a 52-week low of 5791.05. About 502 shares changed hands on the counter so far.
16.02 / 06:55
COST
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India's small exporters reel as Red Sea crisis helps rivals nab business
Red Sea crisis that has jacked up his shipping costs and times. «Last week, I lost a big order to a Polish competitor who does not need to pay increased freight rates,» said Jhunjhunwala, head of Binayak Hi Tech Engineering which ships about 700 containers of machinery tools, industrial castings, and railway shed materials per year. Turkish exporters were also benefiting at the expense of Indian companies, he said, adding that he has also sent some orders on to buyers at a loss after absorbing increased costs.
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