Trends Financial News
05.03 / 05:21
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Siemens shares gain 0.8% as Sensex falls
Siemens Ltd. traded 0.8 per cent higher in Tuesday's session at 10:30AM (IST). The stock opened at Rs 4747.2 and has touched an intraday high and low of Rs 4747.2 and Rs 4689.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 4749.25 and a 52-week low of 3162.5. About 1,189 shares changed hands on the counter so far.
05.03 / 05:03
trends
country
voice
gatherings
Smriti Irani slams Lalu Yadav over 'Without Parivaar' jibe at PM, says, 'Nobody will be able to touch even a hair...'
PM Modi responds to Lalu Prasad Yadav's 'family' jibe, says 'entire country...' Addressing a gathering at the 'Namo Yuva Maha Sammelan' organised by Bharatiya Janata Yuva Morcha (BJYM) in Maharashtra's Nagpur, Smriti Irani said, "The fodder thief of INDI alliance said that he (PM Modi) has no family, I want to tell him that, we are 'Modi's parivaar', these youths are 'Modi's parivaar'...nobody will be able to touch even a hair of that person whose family are 140 crore people of India". Irani referred to Yadav as a 'fodder thief' as the RJD leader was found guilty of the infamous ₹139 crore 'chara ghotala' Meanwhile, Patna Police has registered a case against Lalu Yadav and his son Tejashwi Yadav over their statement against PM Modi.
05.03 / 05:03
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Financial
Buy or sell: Ruchit Jain of 5paisa recommends buying Tata Chemicals and Max Financial Services stock this week
Stock Market News: Domestic benchmark equity indices, the Sensex and the Nifty 50, began Tuesday's trading day on a negative note. Benchmark equity indices were trending down. The BSE Sensex opened lower by 104.87 points or down 0.14% at 73,767.42 level while the Nifty 50 opened at 22,371.25 level, down 34.30 points or 0.15%.
05.03 / 05:03
Election
trends
love
country
social
rowing
‘Modi Ka Parivar’: From ‘Chai Pe Charcha’ to ‘Main Bhi Chowkidar’, how BJP weaponises Opposition jibes at PM Modi
Modi ka Parivar (Modi’s family)" to their social media handles soon after PM Modi said at a rally in Telangana’s Adilabad that the people of the country love him like a “member" of their family. “And that is why I say 140 crore people of this country are my family... Crores of daughters, mothers and sisters… all the poor people in the country....are my family.
05.03 / 05:01
05.03 / 04:31
markets
FIVE
trends
Trade
Interviews
International
Palm oil supply woes to bolster prices this year, says veteran trader Mistry
palm oil prices relative to other edible oils in the near term, according to veteran trader Dorab Mistry. Production in top grower Indonesia may fall by at least a million tons in 2024, while Malaysian output could remain flat, said Mistry, a director at Godrej International Ltd. The trend is likely to last at least five years, as the industry contends with aging trees, erratic weather and little improvement in farming practices, he said in an interview. “I think you have to be reasonably bullish on all oils, but particularly palm,” due to output constraints, he said on the sidelines of the Palm & Lauric Oils Price Outlook Conference in Kuala Lumpur. While production of other oilseeds is set to climb this year, “palm is unfortunately the laggard,” he said.
05.03 / 04:31
markets
Provident
Gap
trends
shock
Schools
Building materials best proxy for playing real estate upcycle: Siddhant Chhabria, Mirae Asset
In the consumption theme, Siddhant Chhabria, Fund Manager at Mirae Asset Investment Manager, says he is overweight consumer discretionary, new-age and building materials. “We are also bullish on real estate upcycle and believe building materials is the best proxy to play the upcycle. New age businesses provide a longer runway for growth and most of these companies are now pivoting towards profitability,” he says. Edited excerpts from a chat: What are your key observations from the Household Consumption Expenditure Survey, especially given there has been a slowdown in the sector? Siddhant Chhabria: As per the Household Consumption Expenditure Survey 2012-23, there are 3 key takeaways:
05.03 / 03:11
markets
Action
Healthcare
trends
Uncharted
Trade
recommendations
Big movers on D-Street: What should investors do with Data Patterns, Max Healthcare and Tata Steel?
Sensex rose 66.14 to settle at an all-time high of 73,872 and the broader Nifty jumped 27 points to close at a lifetime high of 22,405. Stocks that were in focus included names like Data Patterns, which rose 5.22%, Max Healthcare, which fell 2.97%, and Tata Steel, whose shares declined 1.45% on Monday.
05.03 / 02:47
markets
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country
reports
Oil prices muted as China growth forecast underwhelms
Investing.com-- Oil prices moved little in Asian trade on Tuesday, nursing some losses from the prior session and seeing little support as top importer China presented a middling economic growth forecast for 2024.
05.03 / 00:47
UPS
Parke
trends
Trade
reports
Courts
park
Stocks in news: Tata Motors, Park Hotels, Platinum Industries, Exicom Tele Systems, IIFL Finance
Tata Motors, Park Hotels, Platinum Industries, Exicom Tele Systems, IIFL Finance among others will be in focus due to various news developments. Tata Motors Tata Motors announced that it will demerge its business into two separate listed entities housing commercial vehicles and passenger vehicles businesses.
04.03 / 22:03
markets
Platform
FLEX
trends
Relationships
Morgan Stanley flexes private-market muscle with new service
Morgan Stanley is creating more opportunities for its wealth clients to invest in the private markets with the launch of a new concierge desk service.
04.03 / 21:09
Citi
Reuters
Food
trends
show
country
Headlines
Mexican inflation seen slowing in February
MEXICO CITY (Reuters) — Mexico's inflation rate likely eased in February, a Reuters poll showed on Monday, reinforcing bets that the country's central bank could lower its key benchmark interest rate as soon as this month.
04.03 / 21:07
markets
COST
Target
FIVE
trends
Equality
Spring housing market resurgence could give Bank of Canada pause on rate cuts
Most economists agree that it’s just a matter of time before the Bank of Canada cuts interest rates. But, as the bank prepares to unveil its latest rate decision on Wednesday, at least one is warning that the potential for a hot spring housing market and a stimulative federal budget could push the timeline for those cuts back to the fall.
04.03 / 20:49
markets
Provident
Target
trends
Bitcoin
Bitcoin Price
Bitcoin Price Prediction as $2 Billion Leaves Exchanges – Are Whales Accumulating
Bitcoin’s latest rally to $66,400, showcasing nearly 6% uptick within a mere 24 hours, becomes a focal point for analysts and investors alike.
04.03 / 19:23
UPS
Action
WhatsApp
trends
performer
Banks' NPAs at record lows as recoveries up
Banks' bad loans have fallen to record lows as recoveries from defaulters rise and many who missed payments have regularised, but lenders are looking at building buffers anticipating some stress, said CareEdge Ratings. Bad loans fell 21% in the last calendar to Rs 4.85 lakh crore, from a year earlier.
04.03 / 15:08
markets
Waves
Binance
Remark
community
trends
Trade
Shiba Inu Vs BEFE Vs Floki Inu : Unlocking Potential Tokens Under $0.001 with Massive Community To Skyrocket 500%
Embark on an exploration into the dynamic realm of tokens priced below $0.001, drawing considerable interest from the crypto community. These tokens, with their poised growth, are riding high on the wave of enthusiasm from their dedicated communities. Let’s delve into the promising trajectories of three tokens that stand out in this arena: Shiba Inu, BEFE, and Floki Inu.
04.03 / 13:27
markets
DOW
Mobile
trends
rights
S&P 500 to Keep Shining? These March Patterns Forecast More Positive Returns Ahead
March could see the S&P 500 continue to post gains, historical patterns suggest. These trends have been proven right many times in the past, but only time will tell if they will continue to be reliable indicators.
04.03 / 13:27
markets
economy
trends
Trade
President
band
track
US Dollar, EUR/USD: How to Trade the ECB Decision, Powell Speech This Week
The dollar index retreated on the last trading day of the previous week. This week, jobs data, along with statements from Fed President Powell, are set to determine the dollar's next move.
04.03 / 13:11
markets
Gap
Sustainability
trends
show
More broadening: BTIG says there are many opportunities beyond 'high momentum names'
Driven by a sustained momentum in AI, capitalization-weighted market indices continue to advance, with the tech-heavy Nasdaq-100 not experiencing a decline of -2.5% or more for 302 days.
04.03 / 12:41
markets
COST
IPO
Digital
Platform
trends
Relationships
RK Swamy IPO: Here are 10 key risks from the RHP you should know before subscribing
₹270 to ₹288 per equity share of the face value of ₹5. RK Swamy IPO lot size is 50 equity shares and in multiples of 50 equity shares thereafter. 1.
04.03 / 12:03
community
trends
Trade
crypto tax
reports
Indonesia Watchdog Urges Finance Ministry to Re-Evaluate Crypto Tax Regime
Indonesian crypto regulator has requested the country’s Finance Ministry to reconsider the current ‘dual taxation’ on crypto transactions.
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