Trends Financial News
05.09 / 01:53
05.09 / 01:26
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — September 5
Buy or sell stocks for today: The Indian stock market's leading indices, the Sensex and Nifty 50, closed in the red on Wednesday, September 4, due to profit booking in major stocks like ICICI Bank, Infosys, and Larsen & Toubro (L&T), coupled with weak global signals. The Sensex opened with a sharp decline of 710 points at 81,845.50 and stayed in negative territory throughout the session, reaching an intra-day low of 81,833.69, a drop of 722 points.
05.09 / 01:20
05.09 / 01:14
04.09 / 13:17
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Why are so many restaurant chains filing for bankruptcy this year?
Apple-Metro Chairman and CEO Zane Tankel says consumer brands need to be more creative in an inflationary environment.
04.09 / 11:50
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Equity fund inflows slump by 75% in August as market turbulence dents investor confidence
Despite this, net inflows into equity funds stood at £545m over the course of the month, as canny shareholders opted to ‘buy the dip', according to Calastone's Fund Flow index. Only the first three days of August saw net selling, as investors pulled £206m out of their existing holdings, a trend that quickly flipped and was followed by renewed buying over the next five days, totalling £592m of inflows into equity funds during that period. Markets remain vulnerable to unwinding of yen 'carry trade' Despite the slight recovery of equity fund inflows, this significant decline still s...
04.09 / 11:00
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Jools Lebron filed trademark applications related to her 'very demure' content. Here's what to know
“Very demure, very mindful” has become the latest vocabulary defining the internet’s summer
04.09 / 10:19
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M&G to exit digital adviser platform amid wealth arm overhaul
The firm's asset management division saw a 9% improvement in contribution. However, the Life and Wealth segments faced challenges, registering a 7% decline in operating profit. This decrease was attributed to lower contractual service margin amortisation rates and reduced returns on surplus assets. M&G is merging its Life and Wealth operations under a unified leadership, headed by Clive Bolton. The aim is to increase focus on serving the UK retail market and improve the efficiency of its offerings, the business outlined. M&G bucks industry trend with £1.5bn wholesale asset manageme...
04.09 / 10:13
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There is no such thing as ‘unskilled labour’: Drop its use.
Labour Day in the US was on 2 September, an appropriate moment to consider the term ‘unskilled.’ Economists have used it for as long as I can remember, and at some point, I became numb to it, thinking it was just a neutral classification. But it’s not neutral—it’s both demeaning and misleading. Often people have incredible skills; they just aren’t skills currently in high demand.
04.09 / 09:15
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Divis Labs shares gain 0.26% as Sensex falls
<a href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. traded 0.26 per cent higher in Wednesday's session at 12:17PM (IST). The stock opened at Rs 5074.25 and has touched an intraday high and low of Rs 5085.0 and Rs 5020.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 5149.6 and a 52-week low of 3300.0. About 1,144 shares changed hands on the counter so far.
04.09 / 09:11
04.09 / 08:15
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GAIL share price down 1.44 per cent
GAIL (India) Ltd. traded 1.44 per cent up at Rs 229.25 at around 01:07PM (IST) on Wednesday. The stock had closed at Rs 232.6 in the previous session. Equity benchmark Sensex traded 383.81 points lower at 82171.63 around the same time.
04.09 / 08:12
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Shriram Finance share price down 1.27 per cent
Shriram Finance Ltd. traded 1.27 per cent up at Rs 3233.0 at around 01:03PM (IST) on Wednesday. The stock had closed at Rs 3274.75 in the previous session. Equity benchmark Sensex traded 389.84 points lower at 82165.6 around the same time.
04.09 / 07:38
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Bharat Forge shares rise 1.0% as Nifty drops
Bharat Forge Ltd. traded 1.0 per cent up at Rs 1582.7 on Wednesday at around 12:27PM (IST), while the benchmark BSE Sensex declined 427.35 points to 82128.09. As many as 19,812 shares changed hands on the counter with a total value of Rs 3.1 crore.
04.09 / 07:31
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Tube Investments shares up 0.18% as Nifty drops
Tube Investments of India Ltd. gained 0.18 per cent to Rs 4095.95 in Wednesday's trade. It hit a high of Rs 4112.05 and low of Rs 4051.95 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 3798.4, while the 50-DMA was at Rs 4114.4. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
04.09 / 07:17
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Shares of Voltas fall as Nifty drops
Voltas Ltd. slipped 1.37 per cent to Rs 1786.9 in Wednesday's trade as of 12:32PM (IST). It hit a high of Rs 1808.25 and low of Rs 1775.75 during the session. The stock quoted a 52-week high price of Rs 1828.8 and a low of Rs 806.9. The return on equity for the stock stood at 4.32 per cent. About 22,903 shares have changed hands on the counter so far.
04.09 / 06:28
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SRF shares fall 0.17% as Nifty drops
SRF Ltd. traded 0.17 per cent down at Rs 2581.75 on Wednesday at around 11:01AM (IST), while the benchmark BSE Sensex declined 395.22 points to 82160.22. As many as 4,990 shares changed hands on the counter with a total value of Rs 1.28 crore.
04.09 / 05:57
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PI Industries shares rise 0.05% as Nifty drops
PI Industries Ltd. traded 0.05 per cent up at Rs 4541.35 on Wednesday at around 10:55AM (IST), while the benchmark BSE Sensex declined 443.38 points to 82112.06. As many as 2,977 shares changed hands on the counter with a total value of Rs 1.32 crore.
04.09 / 02:24
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — 4 September
Buy or sell stocks for today: Domestic equity benchmarks Nifty 50 and Sensex took a breather after days of relentless rally to settle flat in the previous session over profit-taking in metal, oil and information technology (IT) shares amid a lack of fresh triggers and weak global trends. Breaking its 10-day winning run, the 30-share BSE Sensex slipped 4.40 points or 0.01 per cent to settle at 82,555.44 in a range-bound trade. During the day, it dropped 159.08 points or 0.19 per cent to 82,400.76.
04.09 / 01:17
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U.S heading for a recession? Top weird indicators that signal a recession
indicators like unemployment rates and inverted yield curves being commonly monitored. However, unconventional signs can also offer clues. Amid current financial uncertainty, both investors and consumers are wary of a potential recession. Despite the guidance of indicators such as the inverted yield curve and the SAHM Rule, which are currently flashing red, predictions about economic downturns have been imprecise recently.
04.09 / 00:54
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It's close as it gets: Here's where Harris and Trump stand in the U.S Presidential polls
Kamala Harris and Donald Trump are currently in a very close tussle during the US Presidential Polls 2024, and when the polls indeed happen, one will surely witness one of the closest battles ever. Some of the polls even suggest that Donald Trump would get a clear victory if the elections were held today itself.
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