Trends Financial News

According to findings from Quilter Investors' most recent Investor trends survey, which polls a variety of leading UK and global fund groups, the narrative that Labour and the City are unnatural bedfellows has changed.  Only three in ten (31%) of respondents foresaw little impact of Labour's policies to boost the economy, while no respondents believed the chancellor's plans would stymie or reduce economic growth.  Political stability was widely cited as a driver of this renewed faith, with one respondent noting that Labour's plans for power could reignite love towards UK equities, whi...

Bharat Electronics Ltd. gained 0.13 per cent to Rs 302.4 in Tuesday's trade. It hit a high of Rs 303.15 and low of Rs 297.8 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 225.42, while the 50-DMA was at Rs 308.5. 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.

Info Edge (India) Ltd. slipped 0.06 per cent to Rs 7385.6 in Tuesday's trade as of 01:24PM (IST). The stock hit a high price of Rs 7426.0 and low of Rs 7364.0 during the session. The return on equity (ROE) for the stock stood at 1.91 per cent. Traded volume on the counter stood at 01:24PM shares and turnover at Rs 0.89 crore around that time. The stock of Info Edge (India) Ltd. quoted a 52-week high price of Rs 7455.05 and 52-week low prices of Rs 3973.15, respectively.

Ambuja Cements Ltd. traded 0.77 per cent lower in Tuesday's session at 12:48PM (IST). The stock opened at Rs 634.4 and has touched an intraday high and low of Rs 638.55 and Rs 625.5, respectively, during the session so far. The stock quoted a 52-week high of Rs 706.85 and a 52-week low of 404.0. About 28,008 shares changed hands on the counter so far.

Shree Cements Ltd. traded at Rs 24751.65 on BSE at 12:33PM (IST) on Tuesday, down 0.38 per cent from previous close. The scrip quoted a 52-week low price of Rs 23525.0 and a high of Rs 30710.15.

Benchmark indices ended on a flat note in a lacklustre trade on Monday, as investors preferred to remain on the sidelines awaiting further triggers. In today's trade, shares of IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure among others will be in focus due to various news developments. IndusInd Bank

Asian stocks rose, following a buoyant session on Wall Street amid bets the Federal Reserve will soon signal it’s ready to start cutting interest rates. Shares advanced in Japan, South Korea and Australia. The MSCI Asia-Pacific index headed for a third day of gains while Hong Kong futures also pointed to a rise. The advance was fueled by a bullish mood in the US, where the S&P 500 climbed for an eighth straight day — the longest winning streak this year.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

Many economists are expecting that July inflation data coming this week won’t dissuade the Bank of Canada from another interest rate cut at its next decision in September.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Company registrations declined almost 11% year-on-year in July, after a 12% increase in the previous month, showed corporate affairs ministry data. An official attributed the fall to an unfavourable base effect.

JD Vance made a controversial comparison between Kamala Harris and Jeffrey Epstein, in a recent Fox News Sunday interview. Vance criticized Harris' campaign and suggested that internal polling from the Donald Trump campaign indicated Harris was not making significant progress with voters. He argued that voters did not believe Harris could effectively address inflation issues in the U.S. This led him to make a provocative statement: he compared the idea of giving Harris control over inflation policy to giving Jeffrey Epstein control over human trafficking policy. Vance claimed that the American people were too smart to support Harris as a fresh start, as per the reports of Yahoo news. During the interview with Shannon Bream, who maintained a neutral demeanor, Vance also expressed skepticism about the impact of recent polling data. He seemed particularly frustrated by a new ABC/Washington Post/Ipsos poll, which showed Harris leading Trump both nationally and in key swing states. According to the poll, Harris was ahead of Trump by 4 points nationally and by 6 points among likely voters. This was the first poll in this election cycle indicating Harris' lead over Trump beyond the margin of error. Also Read: Where is Melania Trump? She is absent from the 2024 campaign; here's what she is doing

Liquor demand in India remained unchanged while consumption of brandy and rum fell in the June quarter, amid a high base, election-related disruption in supply chain and sales, and consumers cutting back on lower priced tipple. A year earlier, the spirits market had grown 7% in the same quarter. «Last year, we had very high growth quarters in the first half, and then there was a slowdown in the next half. And this year, we are kind of seeing the reverse. So, we are expecting the first half to be steady, a little muted, lower than our aspirations. There is hope that consumption will pick up this season,» United Spirits managing director Hina Nagarajan said on a recent investor call. Whisky, which accounts for two-thirds of the segment, grew 0.4% in volume, while sales volume of brandy and rum fell 1% and 2.4%, respectively, industry executives said, citing latest excise department data. Both vodka (23.7%) and gin (1.4%) posted growth, but on a low base.

Nifty ended Monday’s range-bound session 31.5 points higher to form a small red candle on the daily chart, which signalled hesitation after Friday’s upside breakout. The short-term trend of Nifty continues to be positive. Having placed at the key overhead resistance around 24,700, there is a possibility of some more consolidation or minor dip in the next 1-2 sessions, before showing another round of upside breakout.

rural economy is emerging as a key driver of the Fast-Moving Consumer Goods (FMCG) sector's revival, hinting at a robust turnaround in aggregate demand after a sluggish start to the 2024-25 financial year. The Reserve Bank of India (RBI) in its monthly bulletin noted that with rising incomes and improving infrastructure, rural consumption is increasingly fuelling volume growth in FMCG products, underscoring the sector's strengthening fundamentals. The sector registered an approximate 6.6 per cent volume growth in the first quarter of FY25.

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The Bank of Canada is expected to cut its policy rate at its next meeting in September, something that will become even more likely if economists’ predictions that inflation continued to cool last month come true.

RBI) said in its monthly bulletin on Monday. This trend marks a significant revival in external borrowing, reflecting the evolving dynamics of the domestic credit landscape, it added. It is to be noted that Foreign direct investment (FDI) inflows into India fell to $28.1 billion in 2023 from $49.3 billion in 2022. The country slipped seven notches to rank 15 in the World Investment Ranking, marking a dull 2023.

It is helpful when investing to have a near-term view balanced by a longer-term one looking for trends that could turn into opportunities or realized risks.

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