Trends Financial News
06.05 / 15:55
markets
Citi
CEO
trends
country
reports
Destinations
China's gold consumption rose 6% in first quarter this year; what is driving the rally?
Gold rate today jumps after disappointing US non-farm payroll data, slide in US dollar rate, Xi Jinping's Europe trip According reports, Chinese consumers have increasingly turned to gold amid waning confidence in conventional investment avenues such as real estate or stocks. Concurrently, the nation's central bank has consistently bolstered its gold reserves while reducing its holdings of U.S. debt.
06.05 / 14:25
markets
BTC
CoinMarketCap
economy
trends
Trade
Bitcoin
Bitcoin touches $64,000 on softer US jobs data, market cap rises to $1.265 trillion
Bitcoin falls 5% to $57,000 ahead of Fed decision, slumps 16% in April The employment report from the Labor Department indicated that the U.S. economy saw a lower-than-anticipated increase in job numbers, accompanied by a slight uptick in the unemployment rate and an unexpected slowdown in wage growth. “The crypto market has rebounded from last week’s dip on the back of the recent US jobs data that was much lower than the forecasts and signals towards a slowing economy.
06.05 / 14:03
06.05 / 14:03
UPS
Manufacturing
trends
Experts
Diversity
show
performer
Balrampur Chini, Triveni, Dhampur Sugar, Shree Renuka others: Ethanol volume uncertainties weigh on outlook
Balrampur Chini Mills, Dwarikesh Sugar Industries, Dhampur Sugar Mills , Shree Renuka Sugar share prices have not seen much gains during last one year. Bajaj Hindusthan Sugar prices though have risen significantly, the same have been led by turnaround in its operations. The concerns in the recent past have weighed on diversion of Sugar to Ethanol production.
06.05 / 12:23
markets
Strategy
Research
trends
Trade
Inside
Tech View: Nifty forms Inside Bar candle. What should traders do on Tuesday
Nifty on Monday ended 33 points lower to form an Inside Bar pattern on the daily chart with the India VIX recording a surge of over 13%. “We need to wait and watch, till the high (22,589) or low (22,409) is taken out for further direction on Nifty. Support for the Nifty is now seen at 22,350 and 22,200-250 levels. On the higher side, the immediate resistance zone for Nifty is at 22,600-625 levels and the next resistance is at 22,800 Mark. Overall, Nifty is likely to remain volatile within the 22,200–22,800 range in the near term with a negative bias, said Tejas Shah, Technical Research, JM Financial & BlinkX.
06.05 / 12:19
Progressive
Analysis
Election
trends
show
country
Voter turnout: What data says about India’s reluctant electors
As 94 Lok Sabha seats go to polls on Tuesday in the third phase of the ongoing elections, voter turnout will again be under scrutiny. The election season has had a disappointing start, with overall turnout in the first two phases lower than it was in 2019. This trend has sparked concerns over whether Indian voters are less inclined to cast their ballots amid the scorching summer heat.
06.05 / 11:27
06.05 / 11:01
markets
Blockchain
BTC
Digital
trends
Bitcoin
innovations
The Time Is Now: Bitgert Coin Price to Soar in the Upcoming Week
The crypto market has been in a downward spiral since the start of the second quarter. Despite the successful completion of the fourth Bitcoin halving two weeks ago, the overall market metrics indicate bears have the upper hand in the market.
06.05 / 08:37
06.05 / 08:37
Fighting
Election
wellness
trends
show
country
reports
Concerns on low voter turnout a 'myth'; absolute number of voters correct way to analyse: SBI Report
low voter turnout in the first two phases of 2024 general elections a «myth», an economist at the country's largest lender SBI has said comparing the absolute number of votes cast is a better way to analyse the turnout. Soumya Kanti Ghosh, the group chief economic adviser at SBI, said there has been 0.4 per cent increase in the absolute number of votes cast in the first two phases. «The unending debates propagated around supposedly low voter turnout in the first two phases of the General Elections 2024 is a myth. A better measure of votes cast is the absolute number of voters,» he said in a report. The Election Commission has been working to increase the voting percentage in the remaining phases of the polls.
06.05 / 08:37
Entertainment
security
Enterprise
WhatsApp
trends
Trade
Zee Ent. shares fall 4.01% as Nifty drops
Zee Entertainment Enterprises Ltd. slipped 4.01 per cent to Rs 137.3 in Monday's trade. It hit a high of Rs 145.05 and low of Rs 137.1 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 224.29, while the 50-DMA was at Rs 150.88. 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.
06.05 / 08:37
markets
Gap
WhatsApp
trends
Trade
Adani Power stock price down 1.86 per cent as Sensex climbs
Adani Power Ltd. fell 1.86 per cent to Rs 593.1 at 01:59PM hours (IST) on Monday. 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 258,079 shares with a turnover of Rs 15.21 crore till 01:59PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 9.79, while the price-to-book value ratio stood at 4.77.
06.05 / 08:07
UPS
trends
Trade
country
reports
Updates
NMDC up for third straight day, touches 14-year high after April business update
NMDC, the country's largest iron ore producer, continued their upward trajectory for the third consecutive trading day on Monday, surging by 1% to reach a 14-year peak of ₹271.70 per share. The last time the stock reached this level was in 2010. NMDC's shares have been on an upward trend since June 2023, closing nine out of ten subsequent months in positive territory and accumulating a gain of 143%.
06.05 / 05:49
Digital
Manufacturing
Election
wellness
trends
AVP
IT growth in near term to be modest, says Sneha Poddar of Motilal Oswal
Investors can expect significant growth in the capex, manufacturing, and infrastructure development in this financial year, says Sneha Poddar, AVP, Motilal Oswal in an email interview with MintGenie.
06.05 / 03:59
markets
Election
wellness
trends
Trade
consequences
Profiles
etmarkets
ETMarkets Fund Manager Talk: Earnings risk can disrupt stock boom, says Vinit Sambre of DSP Mutual Fund
With Nifty and Sensex trading close to all-time peak levels, Vinit Sambre, Head-Equities, DSP Mutual Fund, says there are looming risks to earnings growth over the upcoming quarters, primarily due to persistently weak consumption trends and the possibility of reduced government spending during election periods. «Given the elevated expectations and rich valuations, there is no room for any error. Consequently, any potential downward revisions in earnings forecasts could pose a risk of corrections in the market over the next 2-3 quarters,» he warns in an interview to ET Markets. Edited excerpts from a chat: Following a correction in February and March months, smallcaps bounced back with a bang in April. Isn't this leg of rally largely led by retail liquidity? Vinit Sambre: India's compelling narrative of robust economic growth, fuelled by ongoing reforms and government spending into core areas, has attracted investors eager to be part of this growth trajectory. Even minor corrections prompted by non-fundamental news have become opportunities for investors to enter the market, capitalizing on businesses available at comparatively lower prices than the recent past. The fear of missing out (FOMO) further motivates sidelined investors to seize these dips.
06.05 / 03:15
markets
Target
Booking
SUN
trends
Trade
Experts
Day trading stocks to buy: IOC, BHEL, Sun Pharma — Anand Rathi expert recommends three shares to buy today — May 6
Stock market today: Despite strong global market sentiments, the Indian stock market ended lower on Friday. This was primarily due to profit booking after the indices reached new peaks earlier in the day. The Nifty 50 index ended 172 points lower after reaching a new peak of 22,794, and the BSE Sensex dropped 732 points from its lifetime high of 75,124.
06.05 / 02:17
markets
security
Research
trends
Trade
show
recommendations
Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 6
Sensex dropped 732.96 points, or 0.98%, to close at 73,878.15, while the Nifty 50 settled 172.35 points, or 0.76%, lower at 22,475.85. Nifty 50 formed a long bear candle on the daily chart, which has engulfed the small range candle of the last few sessions. Also Read: Indian stock market: 8 key things that changed for market over weekend - Gift Nifty, US jobs data to Nasdaq rally “Technically, this pattern could be considered as a bearish engulfing pattern, and this suggests some more weakness ahead.
06.05 / 01:37
Career
Research
pandemic
trends
show
Inside
travelers
NOT
Being a workaholic does not help your career
Journal Of Occupational Health Psychology, which included 139 full-time employees in Italy, concluded that most workaholic employees are unhappy with their life both outside and inside the office, as compared to those who stepped back from work from time to time. There’s enough research to show that millennials (typically those born between 1981 and 1996) forfeit time off for several reasons, from being afraid of their superiors, to constantly worrying about maintaining a pristine reputation before their bosses.
06.05 / 01:19
markets
Target
Research
trends
President
Experts
recommendations
Buy or sell: Vaishali Parekh recommends three stocks to buy today — May 6
Buy or sell stocks for today: Despite strong global market sentiments, the Indian stock market ended lower on Friday. The Nifty 50 index ended 172 points lower after reaching a new peak of 22,794, and the BSE Sensex dropped 732 points from its lifetime high of 75,124.
06.05 / 01:19
markets
UPS
Yellow
Research
trends
consequences
Titan loses shine as rising gold price plays spoilsport
₹8,998 crore. However, while the average selling price saw single-digit increase, new customer acquisitions made up just about 54% of jewellery customers. Titan had to ramp up promotional spending and discounts to attract buyers amid sluggish demand, rising competition, and fluctuating gold prices, which weighed on its margins.
05.05 / 19:41
markets
Bitcoin news
trends
Trade
Bitcoin
Updates
Bitcoin Price Prediction: Surges to $64,265, Eyeing $70,000 Milestone
In today’s crypto market update, Bitcoin (BTC/USD) demonstrates resilience with its current trading price of $64,265. Over the past 24 hours, Bitcoin has seen an increase of 1.20%, accompanied by a trading volume of $18.59 billion.
popular questions about trends
What is trends and why is it relevant?
Trends is a significant category that draws public attention. On our site, we regularly publish news related to this subject.
Where can I find the latest updates on trends?
All latest articles about trends can be found in the special selection. We publish information in a timely manner.
How can I verify the accuracy of information on trends?
We rely on trusted sources to ensure that the information about trends is well-supported and valuable for our readers.