Trends Financial News
30.08 / 09:04
markets
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Banking liquidity has declined to Rs 0.95 lakh cr from a peak of Rs 2.86 lakh cr: Union Bank report
Union Bank of India. It says the banking liquidity has fallen to Rs 0.95 lakh crore as on 28th August from a peak of Rs 2.86 lakh crore. The report highlights that the decline in liquidity continued throughout this month. At the beginning of the month, on August 2, 2024 banking liquidity was at Rs 2.56 lakh crore which has reduced to Rs 1.55 lakh crore on August 16th and now at Rs 0.95 lakh crore on August 28. The report stated, «As of 28th Aug, the system liquidity was in surplus, to the tune of Rs.0.95 lakh crore, easing from the peak of Rs.2.86 lakh crore earlier this month.»
30.08 / 09:03
markets
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security
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Share price of United Spirits rises as Nifty strengthens
United Spirits Ltd. gained 1.56 per cent to Rs 1471.0 in Friday's trade as of 01:45PM (IST). The stock hit a high price of Rs 1474.5 and low of Rs 1433.0 during the session. The return on equity (ROE) for the stock stood at 19.77 per cent. Traded volume on the counter stood at 01:45PM shares and turnover at Rs 1.2 crore around that time. The stock of United Spirits Ltd. quoted a 52-week high price of Rs 1480.0 and 52-week low prices of Rs 981.25, respectively.
30.08 / 08:45
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LTIMindtree shares fall 0.03% as Nifty gains
LTIMindtree Ltd. slipped 0.03 per cent to Rs 6125.1 in Friday's trade. It hit a high of Rs 6166.7 and low of Rs 6063.7 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 5361.71, while the 50-DMA was at Rs 5545.16. 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.
30.08 / 06:32
30.08 / 06:15
markets
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wellness
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Shares of Crompton Greaves rise as Nifty gains
Crompton Greaves Consumer Electricals Ltd. gained 2.29 per cent to Rs 475.65 in Friday's trade as of 11:27AM (IST). It hit a high of Rs 476.5 and low of Rs 465.35 during the session. The stock quoted a 52-week high price of Rs 479.2 and a low of Rs 262.1. The return on equity for the stock stood at 15.04 per cent. About 41,487 shares have changed hands on the counter so far.
30.08 / 01:16
markets
Target
security
Research
trends
show
cover
Bullish F&O rollovers hint at more peaks in the making for Nifty
bullish futures bets to the September series on the expiry of the August contracts on Thursday as technical indicators are pointing to more upside in the near term, said analysts. Provisional trends, according to analysts, showed the rollover to the September derivatives series was higher than normal.
29.08 / 21:48
29.08 / 20:55
markets
Align
Opinion
trends
Experts
Bitcoin
2020
Altcoin Season Inbound as Metrics Hit ‘Sell Your House’ Levels, Says Expert
Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.
29.08 / 19:33
29.08 / 17:18
trends
Trade
concert
electronic
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travelers
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Best Buy reports another drop in quarterly sales as shoppers remain cautious about gadget spending
Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans pull back on purchases of appliances and other consumer electronics gadgets to focus on essentials
29.08 / 13:24
markets
Provident
Platform
Remark
trends
innovations
2020
Return Prime to expand global operations, aims to treble revenues
Return Prime aims to achieve a $3 million ARR and triple its revenue in the next 12 months by expanding its market share in the United States, Europe, and India. Over the next year, the company aims to help merchants generate more than $100 million in additional revenue. “We believe that our advanced return management solutions can address the pressing challenges faced by ecommerce merchants worldwide. Our goal is to help merchants not only manage returns efficiently but also turn them into opportunities for revenue generation,” said Shashwat Swaroop, co-founder of Return Prime.
29.08 / 13:03
29.08 / 11:35
Blockchain
CAT
community
trends
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audience
GIGACAT Launches on Solana: Could This Be the Next Big Meme Coin?
In the fast-paced world of cryptocurrency, meme coins continue to captivate the imagination of both seasoned investors and newcomers alike. The latest entrant in this vibrant space is GIGACAT, a meme coin that has quickly gained traction on the Solana blockchain. Launched just a short time ago, GIGACAT is already showing signs of becoming the next viral sensation in the crypto world, with a strong community backing and a unique combination of cultural elements that set it apart from the rest.
29.08 / 09:03
29.08 / 08:44
markets
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Bandhan Bank stock price down 2.0 per cent as Sensex climbs
Bandhan Bank Ltd. fell 2.0 per cent to Rs 192.85 at 01:39PM hours (IST) on Thursday. Earlier in the day, the stock saw a start to the session. As per data available on BSE, total traded quantity on the counter stood at 650,216 shares with a turnover of Rs 12.64 crore till 01:39PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 12.1, while the price-to-book value ratio stood at 1.34.
29.08 / 08:38
markets
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Share price of Bharat Forge falls as Nifty strengthens
Bharat Forge Ltd. slipped 1.62 per cent to Rs 1558.55 in Thursday's trade as of 12:22PM (IST). The stock hit a high price of Rs 1584.25 and low of Rs 1556.25 during the session. The return on equity (ROE) for the stock stood at 13.28 per cent. Traded volume on the counter stood at 12:22PM shares and turnover at Rs 2.49 crore around that time. The stock of Bharat Forge Ltd. quoted a 52-week high price of Rs 1826.2 and 52-week low prices of Rs 1002.7, respectively.
29.08 / 07:39
markets
Citi
Provident
CEO
security
Metro
trends
Urban Vault leases 1 lakh sq ft of prime office space in Brigade Summit, Whitefield, Bengaluru
Urban Vault, a managed co-working firm, has leased 100,000 sq ft of office space at Brigade Summit, a mixed-use project by Brigade Group in Whitefield, Bengaluru as the firm plans to expand the business to meet the increasing demand for managed workspaces. The new facility will include more than 2,000 desks and will see Urban Vault—a self-funded, bottom-line-driven company enter the Whitefield micro market that is witnessing many flexible operators expand operation. «The demand for prime office space has significantly revived. Large and medium-sized corporations are now preferring hassle-free managed office space from operators,» Urban Vault, Co-founder and CEO, Amal Mishra said.
29.08 / 05:58
markets
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trends
Trade
ICICI Lombard stock price down 0.31 per cent as Sensex climbs
ICICI Lombard General Insurance Company Ltd. fell 0.31 per cent to Rs 2132.6 at 11:11AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 894 shares with a turnover of Rs 0.2 crore till 11:11AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 49.86, while the price-to-book value ratio stood at 6.8.
29.08 / 02:38
markets
CEO
NVIDIA
wellness
Broadcom
trends
reports
Nvidia's forecast dampens AI enthusiasm in other tech stocks
Nvidia and other technology heavyweights fell late on Wednesday, a discouraging sign for investors betting that a strong forecast from the dominant seller of AI chips would fuel fresh gains in Wall Street's most valuable companies. Nasdaq futures fell about 1% following Nvidia's quarterly earnings report, suggesting traders expect tech stocks to lose ground on Thursday.
29.08 / 01:32
28.08 / 14:48
Dogecoin
markets
Extreme
community
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social
From Dogecoin to Shiba Inu: The Wild Ride of Meme Coins and Investor Risks
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
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