Trends Financial News
27.03 / 18:25
markets
UPS
Target
trends
Universities
country
Canada’s population hits 41M months after breaking 40M threshold
Nine months after reaching a population of 40 million, Canada has cracked a new threshold.As of Wednesday morning, it’s estimated 41 million people now call the country home, according to Statistics Canada’s live population tracker.The speed at which Canada’s population is growing was also reflected in new data released Wednesday by the federal agency: between Jan. 1 2023 and Jan.
27.03 / 16:11
Manufacturing
economy
WhatsApp
Food
trends
show
Govt initiatives, growing investment to create more job opportunities during decade: CEA
investment are going to create more job opportunities during the decade, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Tuesday. The last decade of the century was marked by a decline in capital formation in the economy and moderation in credit growth, he said at an event here. «Hopefully, those things are a thing of the past. Non food credit growth is now running close to 20 per cent, balance sheets of companies and banks are in good shape and hiring (is showing improvement),» he said. Quoting 2021-22 data, he said, employment in agriculture declined by 15 lakh, manufacturing and services added 37 lakh jobs each and the construction sector generated 19 lakh jobs, he said.
27.03 / 15:15
Provident
security
Sustainability
trends
Trade
electronic
rights
Can I convert my single demat account into a joint account?
demat accounts, driven by the active participation of retail investors in Indian stocks, bonds, and mutual funds. This trend reflects a shift in investment preferences away from traditional fixed deposits towards diversified portfolios. Over the past decade, Indian households have increasingly allocated their financial savings towards equities, indicating a sustained upward trajectory in this aspect.
27.03 / 12:09
markets
UPS
IPO
security
trends
Trade
Experts
IPOs in FY24: 75 issues launched; 5 stocks including IREDA, Netweb soared over 150% since listing
₹61,915 crore through main board IPOs during this period, up significantly from the ₹52,116 crore raised by 37 IPOs in the previous fiscal year 2022-23. Over 50 of the 75 IPOs are currently trading above the issue price with an average return of 65 percent. 5 of these 75 IPOs have soared over 150 percent from their issue prices.
27.03 / 08:59
markets
economy
Election
Food
trends
performer
track
Indian economy keeps its shine, with some red flags
Mint's monthly EM tracker, buoyed by robust domestic growth and a sharp rebound in exports. The rupee's performance against the US dollar, while modest, outshone that of its peers, as did the achievements of the domestic stock market, enhancing India’s overall score. This solid standing, especially at a time when recession bells are ringing in Europe, is particularly advantageous for the Narendra Modi government as it approaches the Lok Sabha elections.
27.03 / 08:59
markets
COST
Target
trends
performer
rowing
Are cement stocks disconnected from reality?
ACC Ltd, Ambuja Cements Ltd and UltraTech Cement Ltd have gained 17-32% in the last six months. Does this suggest that all is hunky dory in the sector? Not really. The muted trend in cement prices has become a niggling worry.
27.03 / 07:59
markets
UPS
WhatsApp
wellness
trends
Trade
Shares of Lupin fall as Nifty gains
Lupin Ltd. slipped 0.68 per cent to Rs 1601.4 in Wednesday's trade as of 01:13PM (IST). It hit a high of Rs 1638.45 and low of Rs 1598.4 during the session. The stock quoted a 52-week high price of Rs 1703.8 and a low of Rs 628.1. The return on equity for the stock stood at 3.49 per cent. About 2,837 shares have changed hands on the counter so far.
27.03 / 07:59
markets
UPS
WhatsApp
wellness
trends
Trade
Shares of Bharat Forge fall as Nifty gains
Bharat Forge Ltd. slipped 0.13 per cent to Rs 1128.95 in Wednesday's trade as of 01:03PM (IST). It hit a high of Rs 1143.3 and low of Rs 1125.35 during the session. The stock quoted a 52-week high price of Rs 1330.0 and a low of Rs 744.0. The return on equity for the stock stood at 7.87 per cent. About 100,839 shares have changed hands on the counter so far.
27.03 / 07:59
markets
UPS
security
trends
Trade
reports
Share price of Page Industries falls as Nifty strengthens
Page Industries Ltd. slipped 0.33 per cent to Rs 34464.0 in Wednesday's trade as of 01:08PM (IST). The stock hit a high price of Rs 34733.0 and low of Rs 34344.05 during the session. The return on equity (ROE) for the stock stood at 41.66 per cent. Traded volume on the counter stood at 01:08PM shares and turnover at Rs 0.57 crore around that time. The stock of Page Industries Ltd. quoted a 52-week high price of Rs 43599.0 and 52-week low prices of Rs 33100.0, respectively.
27.03 / 05:47
markets
UPS
CEO
Election
trends
Experts
General Elections 2024: An upmove seems more likely than a correction ahead of polls, says Shauryam Gupta of Rupeezy
Shauryam Gupta, CEO - Rupeezy, believes that given that the market has factored in the prevailing political climate, an upmove seems more probable than a market correction ahead of elections. Moreover, the market expert also advises investors to rebalance their portfolios towards large-cap stocks, which currently offer more compelling valuations than mid and smallcaps. Edited Excerpts: More than elections, the inflation data and the impending rate cuts will have a major impact on the markets.
27.03 / 05:03
UPS
Booking
Software
trends
Trade
show
Mphasis shares rise 2.16% as Nifty gains
MphasiS Ltd. traded 2.16 per cent up at Rs 2429.75 on Wednesday at around 10:25AM (IST), while the benchmark BSE Sensex advanced 496.55 points to 72966.85. As many as 3,228 shares changed hands on the counter with a total value of Rs 0.78 crore.
27.03 / 05:03
markets
UPS
Booking
trends
Trade
show
Indian Oil Corp. shares rise 1.49% as Nifty gains
Indian Oil Corporation Ltd. traded 1.49 per cent up at Rs 170.0 on Wednesday at around 10:20AM (IST), while the benchmark BSE Sensex advanced 500.64 points to 72970.94. As many as 691,285 shares changed hands on the counter with a total value of Rs 11.77 crore.
27.03 / 05:03
markets
UPS
wellness
trends
show
International
Good time to enter Reliance; IndiGo like HDFC Bank 8-10-year ago: Hemang Jani
Hemang Jani, Independent Market Expert, says “InterGlobe is in a position that HDFC Bank probably was in maybe 8-10 years back where people questioned the valuations but the company kept on delivering and it became one of the best wealth creation stories. Of course, what happened in the last two years is a different story, but given the positioning that InterGlobe has and the way they have managed the volatility in the crude oil price, the way they have managed to grab the international routes and the market share trend, there is a long way to go.”
27.03 / 04:27
Target
Mobile
Sustainability
Citigroup
Opinion
trends
recommendations
Hot Stocks: Brokerage view on RIL, Coal India, MGL and ABB India
RIL), while Citigroup recommended a neutral rating on Coal India and upgraded MGL to neutral. UBS maintained a buy rating on ABB India. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
27.03 / 04:11
Digital
Align
Healthcare
trends
Cycling
track
etmarkets
ETMarkets AIF Talk: Fund manager with Rs 225-cr AUM identifies 4 investment trends for next 5-10 years
«On a bottom-up basis, we run screeners based on operating cash flows, balance sheet strengths and latent capacity in companies,” says Aniruddha Naha, CIO, Alternatives, PGIM India AMC. In an interview with ETMarkets, Naha who has over 22 years of industry experience in the equity and debt market and manages Rs 225 cr in AUM, said: “The philosophy is to buy good businesses with a consistent track record of cash flow and balance sheet at reasonable valuation,” Edited excerpts: Please take us through your investment philosophy. Aniruddha Naha: Our philosophy stems from clearly defining 'what we will not do' in the investment process.
27.03 / 02:09
markets
security
trends
Trade
information
Updates
Stock market today: PSU stock SAIL under F&O ban list today
Indian stock market today: Only 1 stock has been banned for trade on Wednesday, March 27, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The stock has been put on ban under the F&O segment as it crossed 95% of the market-wide position limit (MWPL), according to the NSE. ALSO READ: Stocks to buy: Coal India, Bajaj Finance, JSW Energy, Policybazaar among 12 stocks However, the stock will be available for trading in the cash market.
26.03 / 20:13
Manufacturing
economy
WhatsApp
trends
Rise in investments will generate more jobs this decade: CEA
capital formation in the economy, accompanied by various government measures, will generate more job opportunities in this decade than the previous one, chief economic advisor (CEA) V Anantha Nageswaran said on Tuesday. Speaking at an event, he said the decline in fixed investment and the moderation in credit expansion, which had hurt economic growth prospects in the previous decade, were hopefully «a thing of the past». «Non-food credit growth is now running close to 20%, balance sheets of companies and banks are in good shape and hiring (is improving),» Nageswaran said. Citing the 2021-22 data he said jobs in the farm sector had declined about 1.5 million but manufacturing and services added 3.7 million each and the construction sector created 1.9 million jobs.
26.03 / 19:15
markets
UPS
Citi
Research
trends
Trade
inflation data
Gold Prices
Gold prices rise ahead of US inflation data, silver slips 0.3%
Gold and silver prices Today on 26-03-2024: Check latest rates in your city The attention of the market is currently centered on the upcoming release of the U.S. Core Personal Consumption Expenditure Price Index data [PCE], scheduled for Friday. Market response to this data might be delayed until next week due to the Good Friday holiday.
26.03 / 19:15
COST
Food
Bill
trends
2020
International
Food and fertilizer subsidies should be climate-adapted and aimed better
₹10 lakh for a 50-acre plot. It has spurred crop diversification via a rice-fallow management approach, wherein farmers cultivate short-duration pulses or nitrogen-fixing crops after their rice harvest. This approach has proven both eco-friendly and economically viable.
26.03 / 18:15
Provident
Maxim
wellness
Rust
trends
performer
Features
10 Exceptional Towel Bars Under 1000: Budget-Friendly Bathroom Upgrades
Whether you're revamping a small guest bathroom or upgrading your master suite, these budget-friendly towel bars promise to elevate your space with convenience and charm. Explore this selection and find the perfect towel bar to enhance your bathroom experience without breaking the large bucks.
26.03 / 17:25
markets
Provident
Digital
Google
economy
trends
Trade
Google in talks to acquire 22.5-acre in Navi Mumbai for maiden India captive data centre
Alphabet Inc.’s Google is in advanced talks to buy a 22.5-acre land parcel in Navi Mumbai’s Juinagar for building its first-ever captive data centre in India, said people with direct knowledge of the development. California-headquartered Google is currently doing due diligence for the leasehold land parcel owned by the Maharashtra Industrial Development Corporation (MIDC). Lease rights of the plot that were originally allotted to Herdillia Chemicals are currently with Pune-based Gramercy Trade Industries. The potential deal is estimated at around Rs 850 crore given current property rates in the vicinity and MIDC’s transfer charges, said the people cited above.
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