Trends Financial News
19.05 / 11:37
19.05 / 08:03
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6 smart borrowing strategies for long-term financial health
In 2023, India's financial landscape underwent some noteworthy changes, particularly in borrowing habits. The retail lending sector experienced substantial shifts, largely driven by the rising demand among young consumers and the expansion of credit to previously underserved areas. These developments are indicative of a broader trend in which consumers are diversifying their borrowing strategies to leverage emerging financial opportunities.
19.05 / 03:31
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Best Havells BLDC fans in India: Top 10 energy saving options to blow away the heat
Reasons to buyReasons to avoid The Havells Ambrose Decorative Ceiling Fan is a sleek and stylish fan that features a durable build and efficient BLDC technology. With a sweep size of 1200mm, it offers superior air delivery and comes with a 2-year warranty. This fan is ideal for modern homes and commercial spaces.
19.05 / 01:01
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Top two tech firms shed Gen Z flab, gain silver muscle
Bengaluru: Tata Consultancy Services Ltd and Infosys, India's top two IT services exporters, have seen the share of Gen Z employees as a percentage of their total headcount plunge to the lowest in five years and a decade, respectively, showed an ET analysis. The share of Gen Z employees — or those aged 30 and under — fell by about 5 percentage points last fiscal at Bengaluru-based Infosys, and by over 2.5 percentage points at Mumbai-based TCS. The trend underscores a tepid IT hiring climate amid industry turbulence, which have impacted onboarding of young talent the most.
18.05 / 17:39
18.05 / 15:29
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Mollars Crypto Half as Popular as Pepe Token According To Google Trends
The ICO for 2024’s new store of value [SOV] altcoin, Mollars (MOLLARS), is pushing quickly towards US$1,500,000. Today the project’s initial coin offering moved to 72%, leaving less than 28% of the tokens allocated for the presale available for purchase.
18.05 / 08:29
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Multibagger railway PSU stock IRFC jumps 17% in one week; What to expect in IRFC shares after technical breakout?
Indian Railway Finance Corporation shares, the multibagger railway stock, has rallied more than 17% in one week and over 22% in one month. The PSU stock has jumped over 74% year-to-date (YTD), while it has given multibagger returns of more than 411% in one year. IRFC shares are presently at around ₹173.20 levels.
18.05 / 08:05
18.05 / 04:37
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Wall Street Week Ahead: Stock market's record-setting rebound may have further to go
rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week. The benchmark S&P 500, which fell over 4% in April, is now up 11% year-to-date.
18.05 / 03:53
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Rishi Sunak's wealth surges by 120 mn Pounds amid UK billionaire slowdown
Rishi Sunak and his wife, Akshata Murty, has experienced a remarkable surge, exceeding 120 million pounds in growth over the past year, thus elevating their combined wealth to a substantial 651 million pounds, UK-based broadcasting network iTV reported. The latest annual Sunday Times Rich List revealed their wealth grew substantially despite the wider UK billionaire boom coming «to an end» in the face of tough economic conditions.
18.05 / 02:23
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Pre-market action: Here's the trade setup for today's session
Equity markets traded firmly for the most part of Friday and closed with gains. The exchanges will remain open on Saturday for a special trading session to prepare for disaster management. «Overall, we expect markets to witness a gradual recovery. However, concerns regarding consistent FII selling, India VIX still above 20 levels, ongoing general election polling and the outcome could keep volatility higher,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial
17.05 / 15:13
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Bitcoin soars to $66,000 level, market cap hits $1.309 trillion; where are prices headed?
SEBI recommends regulators to oversee crypto trade, RBI still sees ‘macro risk’ Bitcoin is poised for a robust week amid rising hopes for US Fed rate cuts. After today's increase, Bitcoin has achieved significant gains over the past seven days, rebounding from a low of $60,000 last week. The cryptocurrency is up approximately 8% from last Friday's lows, primarily driven by a weaker dollar and indications of easing U.S.
17.05 / 09:39
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Rich List: Financiers buck wider trend to bolster fortunes
Despite growing his wealth by £500m to £12bn, BlueCrest founder Michael Platt has slipped from 10th to 13th place on the list but remains the nation's wealthiest investor by almost double. Following Platt is TCI Fund Management's Chris Hohn, who jumped ten places on the rankings to 32nd as his fortune grew £1.1bn to £6.1bn. Sunday Times Rich List reveals mixed fortunes for the UK's biggest investment names Hohn also features on the Giving List, coming in at fourth place with the largest absolute number of donations over the year (£601m) but falling shy on a relative basis (9.9%). ...
17.05 / 08:51
17.05 / 08:47
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Lok Sabha election 2024: NDA may not win 370-410 seats, but will improve 2019 tally, says Antique Broking
Antique Stock Broking. Highlighting the debate on the prospects of the incumbent government's return amid a decline in voter turnout, Antique believes the incumbent party may improve its 2019 tally. "The current debate is on the prospects of the incumbent government (polling is complete in nearly 70 per cent of the Lok Sabha seats) as there has been a decline in voter turnout (from 68.6 per cent in 2019 to 66.5 per cent in 2024, a decline in 252 seats out of 365).
17.05 / 08:01
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From Wall Street to Your Street, Every Asset Becomes an Investment Opportunity Through Tokenization, says MANTRA CEO
In a groundbreaking move that has set the traditional finance world abuzz with excitement, Real World Assets (RWAs) are swiftly gaining traction within the crypto and blockchain sphere. Spearheaded by the recent surge in interest from major players like BlackRock, the convergence of real-world assets with blockchain technology is poised to revolutionize the global financial landscape.
17.05 / 06:49
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Indian Oil Corp. shares up 0.3% as Nifty gains
Indian Oil Corporation Ltd. gained 0.3 per cent to Rs 163.35 in Friday's trade. It hit a high of Rs 164.3 and low of Rs 162.75 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 129.33, while the 50-DMA was at Rs 167.61. 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.
17.05 / 06:41
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DLF shares gain 1.09% as Sensex rises
DLF Ltd. traded 1.09 per cent higher in Friday's session at 11:56AM (IST). The stock opened at Rs 849.85 and has touched an intraday high and low of Rs 853.05 and Rs 841.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 967.0 and a 52-week low of 453.5. About 54,131 shares changed hands on the counter so far.
17.05 / 05:55
17.05 / 05:49
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Endurance Technologies share price jumps over 14% on robust Q4 results. Time to buy, sell or hold?
₹210.2 crore from ₹136.5 crore, as per the exchange filing. Endurance Technologies consolidated total income rose by 20% year over year to ₹2,711.3 crore from ₹2,255.2 crore. Endurance Technologies share price today opened at ₹2,202.25 on BSE, the stock touched an intraday high of ₹2,317.55 and an intraday low of ₹2,166.45.
17.05 / 05:17
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Stock in focus: Rajesh Palviya of Axis Securities recommends Bharat Electronics, Ashok Leyland, and APL Apollo today
Stock Market News: Domestic equity benchmark indices, the Sensex and the Nifty 50, began Friday's session on a flat note. Auto stocks saw gains offset by a decline in financial sectors, and a global rally sparked by expectations of a US interest rate cut fizzled out. As of 9:20 IST, the blue-chip NSE Nifty 50 fell 0.08% to 22,386.20 points, while the S&P BSE Sensex fell 0.10% to 73,581.50.
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