Trends Financial News
18.07 / 07:47
markets
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security
trends
Trade
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Share price of Lupin falls as Nifty strengthens
Lupin Ltd. slipped 1.25 per cent to Rs 1821.35 in Thursday's trade as of 12:48PM (IST). The stock hit a high price of Rs 1844.0 and low of Rs 1821.0 during the session. The return on equity (ROE) for the stock stood at 13.5 per cent. Traded volume on the counter stood at 12:48PM shares and turnover at Rs 1.09 crore around that time. The stock of Lupin Ltd. quoted a 52-week high price of Rs 1847.6 and 52-week low prices of Rs 928.85, respectively.
18.07 / 07:35
markets
Provident
Platform
community
trends
students
pop
Collective Artists Network acquires AI-powered influencer marketing platform Galleri5
Collective Artists Network, India’s leading new media entity centred around pop culture, has acquired Galleri5, an AI-powered influencer marketing analytics and content management platform for brand and influencers. Collective Artists Network has been undertaking strategic acquisitions to scale the creator and content ecosystem. Earlier this month, Collective Artists Network acquired Terribly Tiny Tales, a text-first flash fiction platform.
18.07 / 07:08
markets
Citi
CEO
Platform
Gap
trends
Schools
Accel leads $18 million funding in omnichannel fashion brand Newme
Newme, an omnichannel fashion brand focused on new-gen customers, has raised $18 million in a funding round led by US venture capital firm Accel along with participation from existing investors including Fireside Ventures and AUM Ventures. This marks another instance of new consumer brands that are building their platforms online and offline simultaneously getting venture fund interest. Omnichannel fashion brands like Rare Rabbit, The Pants Project, and Virat Kohli-backed Wrogn have raised venture funding in recent weeks.
18.07 / 07:05
UPS
Booking
WhatsApp
trends
Trade
show
Au Small Fin Bank shares fall 0.19% as Nifty drops
Au Small Finance Bank Ltd. traded 0.19 per cent down at Rs 633.3 on Thursday at around 12:02PM (IST), while the benchmark BSE Sensex declined 104.83 points to 80611.72. As many as 29,829 shares changed hands on the counter with a total value of Rs 1.89 crore.
18.07 / 06:48
Aviat
security
WhatsApp
trends
Trade
InterGlobe shares fall 0.46% as Nifty drops
InterGlobe Aviation Ltd. slipped 0.46 per cent to Rs 4414.0 in Thursday's trade. It hit a high of Rs 4443.95 and low of Rs 4363.55 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 3324.72, while the 50-DMA was at Rs 4267.51. 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.
18.07 / 06:34
security
WhatsApp
trends
Trade
Tube Investments shares fall 1.0% as Nifty drops
Tube Investments of India Ltd. slipped 1.0 per cent to Rs 4059.5 in Thursday's trade. It hit a high of Rs 4157.95 and low of Rs 4052.0 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 3632.16, while the 50-DMA was at Rs 4026.31. 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.
18.07 / 06:30
markets
economy
Sustainability
trends
Updates
Budget 2024 Expectations Live Updates: Recycling industry body calls for zero duty on aluminium scrap imports
Budget 2024 Expectations Live Updates: India, currently the world’s fifth-largest economy, is anticipated to climb to the third rank in the coming years. FM Sitharaman’s Budget 2024 is expected to outline a roadmap for sustained economic growth.
18.07 / 05:16
18.07 / 02:41
Provident
CEO
Platform
Action
Dreams
trends
performer
Looking back on a lifetime of success
Back when he co-founded Envestnet 25 years ago, Bill Crager didn’t plan on one day taking home the Lifetime Achievement in the Wealth Management Industry statuette at the inaugural InvestmentNews Awards. There were too many other pressing matters at the time before focusing on such fanciful dreams, primarily getting a one-of-a-kind fintech business off the ground.
18.07 / 01:21
COST
UPS
trends
travelers
Schools
LTIMindtree Q1 net profit up 3.1% at Rs 1,135 crore
LTIMindtree’s net profit grew 3.1% sequentially to Rs 1,135 crore, but missed ET’s estimate at Rs 1,150 crore. Lower margins compared to corresponding quarter of last fiscal also impacted its net profit which was 1.5% down on a Y-o-Y basis. Spotting a rare growth opportunities in North American business, LTIMindtree posted a 5.1% year-on-year (Y-o-Y) increase in its revenue at Rs 9,143 crore for the first quarter of FY25. It exceeded ET’s estimate at Rs 9,080 crore. North America revenue contribution grew to 75.1% in the first quarter of this fiscal – highest since the official merger between the erstwhile IT firms, LTI and Mindtree. On a sequential basis, revenue grew 2.8%.
17.07 / 17:37
markets
Digital
CEO
trends
Bitcoin
performer
innovations
BlockDAG’s Presale Nears $60M as Upcoming July 29th Team Reveal Gains Hype! Solana Surges as Bitcoin Cash Eyes Bullish Forecast
July is set to be a transformative month for the cryptocurrency world, as the popular crypto BlockDAG is all set to unmask its executive team and the CEO on July 29th. As BlockDAG enjoys the title of the best long-term crypto investment, the upcoming team unveiling has boosted BlockDAG’s presale, as it nears $60 million. These milestones showcase the network’s robust capabilities and innovation.
17.07 / 08:17
17.07 / 02:55
markets
UPS
Platform
wellness
trends
2020
Zero-alcohol companies look to capture millennial and 'sober curious' drinkers
ashwagandha go into Catwalk and are brewed over a few months using monk fruit as a sweetener and is produced and bottled in Ahmedabad. A sizable number of companies across India, big and small, including Catwalk, Sober, Sobriety Sips and the bigwigs in the beer industry are now experimenting in creating non and low alcohol spirits, including beer, wine, gin, whisky and others. What's driving this trend is a cohort of drinkers who are now looking to cut down on their consumption.
17.07 / 02:41
Election
trends
President
Universities
social
Schools
Courts
Elon Musk shares LOL emoji to post on Donald Trump's running mate J D Vance's ‘Indian connection'. ‘You either hire an…’
Musk took the comment section of the post and reacted with laughing-out-loud emoticon.Senator JD Vance is former US President Donald Trump’s running mate and Usha Chilukuri Vance is his Indian-origin wife. The couple was trending on social media. X users have been flooding social media with posts on Chilukuri’s Indian connection.
16.07 / 19:38
UPS
Waters
wellness
trends
beautiful
parachuting
Services business a hard sell for FMCG companies focused on products
Hindustan Unilever's decision to sell its Pureit water filter business yet again demonstrates how fast-moving consumer goods companies fail to undertake services. Pureit is a consumer durable product requiring after-sales service. HUL entered the water purifier business in 2004 and launched Pureit nationwide in 2008, but ended up classifying the business to be non-core. There are several instances of FMCG companies entering service business that didn't work for them on expected lines. In 2009, Jyothy Labs launched a laundry business through a chain called Fabricspa, with an investment of Rs 40 crore. Over the years, the business grew at a slower pace compared to the rest of the business. It contributed 2% of the total revenue of Jyothy Labs in FY24.
16.07 / 17:30
markets
UPS
Target
economy
wellness
trends
interest rate cut
'Seals the deal:' Inflation data points to another interest rate cut, economists say
June’s consumer price index inflation data should be a welcome sign for Canadians hoping for an interest rate cut next week, according to some of the country’s top economists.
16.07 / 15:07
Reuters
Manufacturing
CEO
PepsiCo
trends
reports
Department
US retail sales unchanged in June, beating forecasts for slight drop
Ironsides Macroeconomics Managing Partner Barry Knapp discusses the 'era of financialization' on the 'Unbreakable Investor' town hall on 'Making Money.'
16.07 / 14:03
ETH
ICE
Glacier
Research
trends
reports
International
Scientists find climate change disrupting time more than previously thought
Earth's rotation, which determines the length of each day, is being altered by the impacts of human-induced climate change, a new study published in the Proceedings of the National Academy of Sciences has revealed. The research suggests that polar ice melt caused by global warming is changing the planet's rotation and increasing the duration of each day, a trend expected to accelerate over the coming century as humans persist in emitting greenhouse gases, according to a report from CNN. Although the changes are minute, measured in milliseconds per day, they have significant implications for our technology-dependent world, particularly for computing systems like GPS. This phenomenon underscores the profound influence humans are exerting on the planet. «This is a testament to the gravity of ongoing climate change,» said Surendra Adhikari, a geophysicist at Nasa's Jet Propulsion Laboratory, and a report author. The Earth's rotation speed, which determines the number of hours, minutes, and seconds in a day, is influenced by a complex interplay of factors, including processes in the planet's fluid core, the lingering effects of glacial melt since the last ice age, and the melting of polar ice due to climate change.
16.07 / 10:24
markets
Target
trends
President
show
reports
Headlines
Fed could cut rates by 25 bps in July, another 50 bps to follow in September: Moody’s
Moody’s expects the Federal Reserve to begin policy easing with a 25 basis points (bps) cut as early as in the 30-31 July meet. “The CPI data confirms our view that the hotter-than-expected inflation prints in the first quarter were from one-time price adjustments at the start of the year. The rapidity with which the labour market has cooled suggests that the drag from tight monetary policy is growing. If the Federal Open Market Committee decides to hold the federal funds rate at the current 5.25-5.50% in the July meeting, the labour market will likely weaken further, raising the chance of a larger 50 bps cut in September,” said Madhavi Bokil, Senior Vice President at Moody’s Ratings.
16.07 / 09:45
security
WhatsApp
trends
Trade
Zomato shares fall 4.47% as Nifty gains
Zomato Ltd. slipped 4.47 per cent to Rs 218.85 in Tuesday's trade. It hit a high of Rs 230.5 and low of Rs 218.6 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 154.4, while the 50-DMA was at Rs 194.81. 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.
16.07 / 09:20
markets
UPS
wellness
PRU
trends
Trade
Shares of ICICI Pru Life rise as Nifty gains
ICICI Prudential Life Insurance Company Ltd. gained 0.56 per cent to Rs 657.9 in Tuesday's trade as of 02:05PM (IST). It hit a high of Rs 662.95 and low of Rs 639.45 during the session. The stock quoted a 52-week high price of Rs 673.6 and a low of Rs 463.5. The return on equity for the stock stood at 7.75 per cent. About 35,201 shares have changed hands on the counter so far.
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