Trends Financial News

ISB PCPDM: Navigating the digital marketing landscape The Post Graduate Certificate Program in Digital Marketing (PCPDM) offered by ISB provides participants with a comprehensive understanding of digital marketing fundamentals, strategies, and tools. Through a blend of theoretical insights and hands-on exercises, participants learn to leverage digital channels such as social media, search engine optimization (SEO), and email marketing to drive brand awareness, customer engagement, and conversion.

Zomato Ltd. slipped 1.03 per cent to Rs 186.15 in Tuesday's trade. It hit a high of Rs 189.15 and low of Rs 183.95 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 121.83, while the 50-DMA was at Rs 165.8. 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.

Siemens Ltd. slipped 0.05 per cent to Rs 5441.95 in Tuesday's trade as of 12:02PM (IST). It hit a high of Rs 5518.5 and low of Rs 5419.95 during the session. The stock quoted a 52-week high price of Rs 5772.6 and a low of Rs 3240.0. The return on equity for the stock stood at 14.98 per cent. About 2,078 shares have changed hands on the counter so far.

Indian Hotels Company Ltd. gained 0.56 per cent to Rs 601.0 in Tuesday's trade. It hit a high of Rs 604.55 and low of Rs 590.5 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 454.77, while the 50-DMA was at Rs 567.79. 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.

Sensex scaling past 75,000 mark while the Nifty50 surged past 22,700 levels. The S&P BSE Sensex has rallied more than 20% in a year. Much of the rise seen in the market was supported by domestic institutional investors as well as retail investors. The Systematic Investment Plan (SIP) asset under management (AUM) was recorded at its highest ever at Rs 10,71,665.63 crore for March 2024, as compared to Rs 10,52,566.04 crore for February 2024.

“The equity markets reaching record highs can be attributed to various factors, including the overall strength of the economy, corporate earnings, and investor sentiment. These characteristics have historically led to an increase in volatility,” says Vipul Bhowar, Director — Listed Investments, Waterfield Advisors. In an interview with ETMarkets, Bhowar said: “The market is expected to continue its growth in the next 12 months, with government spending likely to be the growth driver in the first half and investment growth re-accelerating, especially from the private side, in the second half,”. Edited excerpts: FY25 started on a good note, with benchmark indices hitting fresh record highs. How do you see markets panning out in the next 12 months? Will the momentum continue? Vipul Bhowar: The market is expected to continue its growth in the next 12 months, with government spending likely to be the growth driver in the first half and investment growth re-accelerating, especially from the private side, in the second half.

ALSO READ: Average salary appraisals in IT sector projected between 8.4% to 9% in 2024 In simple words, it can be explained as in ‘dry promotion’ an employee’s designation changes and workload increases, but the monetary compensation remains the same. Recently, a report by compensation consultant Pearl Meyer revealed that more than 13 per cent of employers chose to give their staff new job titles instead of a hike in salary.

Looking into the crypto market lately, investors are faced with the challenge of choosing a good project for profitable investment. BEFE, Bitgert BRISE , and CENX are currently showing a high prospect to be the best project investment at the most. With Bitgert BRISE extending its bullish run for the third week, BEFE and CENX have also formed a setup that looks similar to Bitgert BRISE which is likely to start a long bull run. 

Are you a Crypto investor, always on the lookout for the next explosive altcoin? However, the market trends and predictions are too difficult for you to understand? Do not worry as we have brought the top 3 altcoins: BEFE, BRISE and CENX. 

Across the Indian financial landscape, small savings schemes have long played a pivotal role, offering a blend of benefits and risks that shape the financial landscape. In February 2022, small saving deposits totaled Rs 9.9 lakh crore, a mere fraction of the overall SCB deposits amounting to Rs 170.2 lakh crore. However, research conducted by Bank of Baroda reveals that the ratio of small saving deposits to commercial bank deposits has increased from 4.4 percent to 5.8 percent over the past five years. This highlights a significant trend in India’s financial landscape, indicating a steady increase in the proportion of small saving deposits relative to commercial bank deposits over the past five years.

Aditya Arora, Adlytick, says: “There was a buy on ONGC today by certain brokerage houses and the dynamics of crude oil and oil space is changing very dynamically given the geopolitical tension. ONGC is a great buy at Rs 280, stop loss must be Rs 265, and target would be Rs 295-320. The second one is Thermax. The capital infrastructure is pretty good and these stocks are also displaying that kind of a strength. The trend of Thermax is pretty positive. One must maintain a bullish outlook on this stock and one should turn bearish only if levels of Rs 4400 are breached.” Jewellery retailer Senco is glittering away in trade. In the jewellery retail pack, what is looking attractive to you on the charts and technicals? Would you go for something like Senco Gold or AVJ Jewellers in terms of recent listing or would you stick to Titan or Kalyan Jewellers? Aditya Arora: Senco Gold looks absolutely good since the listing at about Rs 350 odd levels. The stock has scaled new highs of Rs 960. It is fantastic, the patterns are very good and it is outperforming markets by a very wide margin. Whether you talk about indices like Nifty, Bank Nifty or whether you compare it to other peers like Titan, it is doing pretty well. I think good institutional interest is present as I can see on the charts. So one can go with Senco Gold itself and one can buy at Rs 936.80, stop loss must be Rs 840 and target would be Rs 1000-1100. The the view is overall bullish and it could be accumulated in all dips.

Senco Gold, one of the leading pan-India jewelry retailers in India, surged by 19.52% to reach a new all-time high of ₹958 per share during today's trading session. This significant uptick in investor interest follows the release of the company's business update for Q4FY24.

oil and gas sector was the lone bright spot in a tepid job market in March, with a 20%-plus year-on-year growth in hiring, according to the monthly Naukri JobSpeak Index. The index for March stood at 2,657, down 4% compared to the previous month and 11% year-on-year.

5 biggest concerns around Iran-Israel tensions that could impact Indian stock market Experts are of the view that the market may remain volatile in the short term and one should focus on buying only quality stocks at this juncture Based on the recommendations of several experts, below are eight stocks that one can consider buying for the next three to four weeks. Take a look: Following its double top formation near the ₹4,900-4,800 zone, Navin Fluorine International has experienced a significant downturn, shedding nearly 2,000 points, equivalent to a substantial 41 per cent decrease in price. However, in the last five to six trading sessions, it has found support near the ₹3,000 mark.

What the vacant seats at TCS mean Artificial Intelligence continued to witness hiring momentum with a 12% rise in new job creation last month as per the report. The data scientist role also reported a 20% growth in hiring in March this year. The demand for senior-level professionals with experience of more than 16 years outpaces all other cohorts, clocking 11% growth year-on-year.

Max Healthcare Institute Ltd. traded 3.3 per cent down at Rs 840.75 on Monday at around 01:55PM (IST), while the benchmark BSE Sensex declined 608.04 points to 73636.86. As many as 34,094 shares changed hands on the counter with a total value of Rs 2.87 crore.

Pidilite Industries Ltd. traded 2.34 per cent lower in Monday's session at 01:39PM (IST). The stock opened at Rs 2925.6 and has touched an intraday high and low of Rs 2949.8 and Rs 2903.85, respectively, during the session so far. The stock quoted a 52-week high of Rs 3073.2 and a 52-week low of 2293.1. About 5,202 shares changed hands on the counter so far.

Amid heightened tensions between China and Taiwan, Chinese President Xi Jinping told a former Taiwanese president who supports unification that the countries “belong” together.

Lupin Ltd. gained 0.65 per cent to Rs 1634.0 in Monday's trade as of 10:10AM (IST). The stock hit a high price of Rs 1635.0 and low of Rs 1610.1 during the session. The return on equity (ROE) for the stock stood at 3.49 per cent. Traded volume on the counter stood at 10:10AM shares and turnover at Rs 3.56 crore around that time. The stock of Lupin Ltd. quoted a 52-week high price of Rs 1703.8 and 52-week low prices of Rs 655.75, respectively.

Day trading guide for stock market today: Amid the Iran-Israel war and FII's selling, the Indian stock market witnessed sharp selling on Friday last week. The Nifty 50 index corrected 234 points and ended at the 22,519 level, the BSE Sensex nosedived 793 points and closed at the 74,244 mark, and the Bank Nifty index shed 422 points and finished at the 8,564 level.