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Zomato Ltd. gained 1.76 per cent to Rs 212.75 in Wednesday's trade. It hit a high of Rs 213.8 and low of Rs 205.3 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 149.25, while the 50-DMA was at Rs 190.62. 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.

IPO of Emcure Pharmaceuticals, the shares of the company are commanding a healthy premium of Rs 360 in the unlisted market. Considering the upper price band of Rs 960, the stock is expected to list at a premium of 37% if the current trends sustain. The company has finalised the share allotment today and listing date is fixed as July 10.

TikTok and its bite-sized videos arrived in the United States as a global version of the Chinese app Douyin

Trent Ltd. traded 0.56 per cent lower in Tuesday's session at 12:37PM (IST). The stock opened at Rs 5624.15 and has touched an intraday high and low of Rs 5628.0 and Rs 5552.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 5662.8 and a 52-week low of 1657.25. About 6,140 shares changed hands on the counter so far.

Leading nonalcoholic brewer Athletic Brewing Company announced Tuesday it's raised an additional $50 million in equity financing in a round led by General Atlantic. 

The nation’s housing market sales slump is dragging on into its third straight year, as evidenced by another weak spring homebuying season

inflation rose to a four-month high of 5.08%, faster than expected, from 4.8% in May, with food inflation flaring up to a six-month high of 9.36%, data released Friday showed. Inflation, as measured by Consumer Price Index (CPI), was 4.87% in June and food inflation was 4.55% in the year earlier. An ET poll last week had pegged retail inflation at 4.7%. The simultaneously released Index of Industrial Production (IIP) showed factory output grew at a seven-month high of 5.9% in May, according to data from the ministry of statistics. Near-term Rate Action Unlikely Industrial production grew 5% in April 2024 and 5.7% in May last year. “A weak start to the southwest monsoon in June and prolonged heatwave impacted vegetable prices, in turn pushing food and beverages inflation back above 8%,” said Radhika Rao, senior economist, DBS Bank.

Tube Investments of India Ltd. gained 0.12 per cent to Rs 4175.95 in Thursday's trade as of 12:13PM (IST). It hit a high of Rs 4204.25 and low of Rs 4165.0 during the session. The stock quoted a 52-week high price of Rs 4397.1 and a low of Rs 2729.1. The return on equity for the stock stood at 23.54 per cent. About 890 shares have changed hands on the counter so far.

In its monthly update on energy trends, Statistics Canada reported this week that this year, for the first time ever, Canada has become a net importer of electricity. The switchover in our electricity trade balance reveals the shortcomings of an energy strategy that now emphasizes decarbonization over energy security, leaving customers vulnerable to supply shortfalls and higher prices.

The May outflows marked a trend of investors fleeing the UK equity market over the past couple of years, with £13.6bn withdrawn last year and £12bn in 2022, and marked the highest outflows ever recorded.  Flows into global equity marked a significant contrast to UK equities, evidenced by £434m of inflows making it the top selling IA equity sector. UK economy beats expectation as it grows by 0.4% in May The IA attributed the «diversification of portfolios» to the growing outflows from UK equity funds. «Investors and their advisers continue to reallocate outside of the UK, with stron...

Infrastructure, Atmnanirbhar Bharat and digitisation which will continue to see higher focus in Budget 2024,” says Sandeep Raina, Executive Vice President- Research, Nuvama Professional Clients Group. In an interview with ETMarkets, Raina said: “We expect some minor volatility in 2H2024; however, it will likely be a stock picker's market rather than a broad-based rally, which we have seen over the last 15 months,” Edited excerpts:

There are signs of Bitcoin miner capitulation, which could indicate a bottom in Bitcoin prices, according to a report by CryptoQuant.

Pidilite Industries Ltd. traded 0.96 per cent lower in Tuesday's session at 12:12PM (IST). The stock opened at Rs 3111.35 and has touched an intraday high and low of Rs 3130.55 and Rs 3082.1, respectively, during the session so far. The stock quoted a 52-week high of Rs 3232.3 and a 52-week low of 2293.1. About 3,027 shares changed hands on the counter so far.

Stocks that were in focus include names like Tata Motors, which rose 0.93%, Adani Wilmar, which gained 1.92%, and PC Jewellers, whose shares jumped 10% on Monday.

United Spirits Ltd. traded 0.62 per cent lower in Thursday's session at 01:39PM (IST). The stock opened at Rs 1269.45 and has touched an intraday high and low of Rs 1277.5 and Rs 1262.3, respectively, during the session so far. The stock quoted a 52-week high of Rs 1334.05 and a 52-week low of 891.05. About 9,967 shares changed hands on the counter so far.

ESG has become one of the most divisive topics in investing and not just in the US, according to new research.

BlackRock is adding to the buffer ETF craze with the first in a series of funds that provides investors exposure to equity growth potential while offering downside protection.

India’s rapidly growing youth population is a double-edged sword for its economic aspirations. While the demographic dividend presents a tremendous opportunity for growth, capitalizing on it calls for equipping the workforce with skills in line with the changing demands of the global economy. World Bank data shows a concerning trend: India’s labour mobilization rates have fallen from over 70% in 1990 to 56% in recent years.

inflation data when it is issued on Friday. Inflation for the month is likely to rise 5% year-on-year, higher than the trend expected earlier in the month, according to a senior economist at a global bank. Climatic factors are playing an increasingly key role in influencing food and fuel inflation, which tends to impact overall inflation levels, creating a new area of concern for policymakers. Gayatri Nayak explains how climate change can impact monetary policy: How have climatic factors affected prices in India?

A new study by Empower reveals many Americans on the financial edge, with 37 percent of people surveyed saying they’re unable to cover an unexpected expense exceeding $400.

SME IPO of Ganesh Green Bharat, which closed on Tuesday, received strong response from investors across categories. The company is likely to finalise the share allotment process later today or tomorrow. Investors can check the status of Ganesh Green Bharat IPO allotment by logging in to the official website of the registrar, which is Link Intime India in this case. Follow the step by step process mentioned below to check the status of allotment.