Trends Financial News

RECord high of 75,124.28 on April 9 and the Nifty 50 scaled its fresh peak of 22,783.35 on April 30. The overall market capitalisation of firms listed on BSE rose to nearly ₹406.56 lakh crore on April 30 from nearly ₹386.97 lakh crore on March 28, making investors richer by nearly ₹20 lakh crore in a month. The undercurrent of the Indian stock market remains positive due to the bright outlook of the nation's economy, the prospects of political stability after the Lok Sabha election and the strong influx of domestic investors.

Mint. The firm has at least $1.5 billion invested in India across three strategies: primary funds, secondary transactions, and direct co-investments. “We expect a material increase in investments in India.

correction in Gold prices, where the yellow metal has corrected by nearly Rs 3000 per 10 gram or 4% from the lifetime high is its biggest fall in nearly two years. Can we expect the trends to reverse or a top has been made? This is what multiple experts tell ETMakets as they spell out their trading strategy. Notwithstanding the fall seen in yellow metal over the last two weeks, the rally in gold this year so far has been nothing short of spectacular. Gold futures on the MCX have climbed nearly 13% or Rs 8,000 per 10 gram on the year-to-date basis. The gains had been primarily on geopolitical tensions increasing the safe haven appeal of gold along with hopes of an early rate cut that triggered movement in the first fortnight of April. The month-to-date price rise still stands at 6%.

A study says the climate phenomenon known as El Nino and not climate change was a key driver in low rainfall that disrupted shipping at the Panama Canal last year

Today, Bitcoin is nearing the $60,000 threshold, with its current price at $59,966 following a 5.75% decline over the last 24 hours. This analysis provides a Bitcoin price prediction by exploring the current market status and forecasting potential future trends.

Also Read: India VIX: Volatility may rise in the upcoming sessions following a three-month declining trend; here's why Market analysts reckon that the volatility index may rise just ahead of the election outcome. However, the increase may remain capped as the market has already priced in the stability. A significant drop in the volatility index indicates that participants are confident about the near-term market trajectory.

In the ever-evolving landscape of India’s real estate sector, 2024 is poised to witness a heightened surge in the investments by non-resident Indians (NRI), particularly in the luxury residential market. As per a NoBroker report, between 2019 and 2020, NRIs constituted 10% of total real estate investments in India, which surged to 15% in 2023 and are projected to reach 20% by 2025. This surge in interest in luxury properties is fuelled by various factors that make the industry an increasingly lucrative investment opportunity for them.

India’s Silicon Valley Bengaluru has again emerged as the numero uno city in terms of rise in rental yields in top 11 cities/regions of the country, according to an ANAROCK report. Mumbai was second on the list followed by Gurugram.

InfraMantra, one of the leading PropTech advisory firms in India, has exceeded its sales target of Rs 1000 crore for the fiscal year 2024 and has set a more ambitious target of Rs 2000 crore for FY2024-25.

Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve

BEFE Coin is currently a significant player in the cryptocurrency market, showcasing a remarkable surge in its price and market activity. This surge, which has captured the attention of investors and enthusiasts alike, is not merely a fleeting trend but a reflection of the underlying dynamics that set BEFE apart from regular meme coins.

Maharashtra Day. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed. The multi-commodity exchange will also be closed for the first half but will remain open for the evening session from 5:00 pm. Trade settlements will also be closed on Wednesday.

Shriram Finance Ltd. traded 2.75 per cent up at Rs 2559.5 at around 01:49PM (IST) on Tuesday. The stock had closed at Rs 2490.9 in the previous session. Equity benchmark Sensex traded 260.46 points higher at 74931.74 around the same time.

Mudrex on crypto investments, a striking revelation emerged that about 1 in 2 individuals with retirement plans have ventured into the world of cryptocurrencies. According to the Mudrex survey, 45% of users with retirement plans invested in cryptocurrencies. This interesting insight shows a growing trend of incorporating digital assets into long-term financial goals like a retirement investment strategy.

Voltas Ltd. traded 0.51 per cent up at Rs 1474.1 at around 12:22PM (IST) on Tuesday. The stock had closed at Rs 1466.6 in the previous session. Equity benchmark Sensex traded 302.94 points higher at 74974.22 around the same time.

Shoppers Stop share price surged over 5% on Tuesday's session following the company's announcement of a 62.55% jump in its consolidated net profit, which came in at ₹23.18 crore for the fourth quarter that ended on March 31, 2024. According to a regulatory filing from Shoppers Stop, the firm reported a consolidated net profit of ₹14.26 crore at the same time last year. Shoppers Stop share price today opened at ₹730.25 apiece on BSE, the stock hit an intraday high of ₹750 and an intraday low of ₹707.35.

JNK India's stock had an impressive debut on the market today. Opening at ₹621 per share on the NSE, it marked a significant 49.63% increase from its issue price of ₹415. Similarly, on the BSE, the stock began trading at ₹620 per share.

Bharatiya Janata Party (BJP) and its allies have emerged victorious on more than 100 seats in the crucial first two phases of the elections held this month. "Two phases of seven-phased Lok Sabha elections have been completed. As per the internal assessment of these two phases, the BJP and its allies are way ahead on 100 seats," Amit Shah told reporters in Guwahati.

Also Read: What are flexible STPs and how do they adapt to the changing market conditions? STPs can be of three primary types: 1. Flexible STP: Investors can decide the amount to be transferred based on market volatility and predictions about scheme performance. 2. Fixed STP: The total amount to be transferred remains fixed, as decided by the investor.

HONG KONG—Some U.S. consumer brands in China are struggling with tepid consumer demand and a trend toward nationalist buying. McDonald’s is leaning in.

Day trading guide for today: The Sensex and the Nifty 50, key indices of the Indian stock market, concluded the trading session with notable advances, on April 29. The Sensex commenced trading at 73,982.75, surpassing its previous closing figure of 73,730.16, and reached an intraday peak of 74,721.15, marking an increase of 991 points, or 1.34 percent.