Trends Financial News

05.01 / 12:21

markets Citi Digital trends Trade reports Updates Marico sees single-digit drop in Q3 revenue

NEW DELHI : Marico’s consolidated revenue in the December quarter declined in low single digits on a year-on-year basis, although operating profit saw a low double-digit growth, the company said in a quarterly update. The maker of Parachute oil also said it expects a low single-digit jump in domestic volumes for the December quarter, driven by improved demand for its flagship products, mainly in the cities.

05.01 / 11:12

markets Digital trends Trade Updates International Low Marico Q3 biz update: Domestic volumes grow low-single digits; rural markets offer 'little to cheer'

Marico in its quarterly update said that while urban markets were steady, rural offered little to cheer, exhibiting similar demand trends on a sequential basis. In a stock exchange filing, the company said that constraints on liquidity and profitability in general trade channel remained an overhang for the sector. Yet, the company remains optimistic of a gradual uptick in consumption trends of the course of 2024 owing to improving macroeconomic indicators, continued government spending and conducive consumer pricing across categories. Parachute oil registered low single digits in volume growth whereas Saffola Oils witnessed optically weak quarter.

05.01 / 10:48

markets Platform trends Bitcoin social reports Social Media Buzzes with ‘Buy the Dip’ Calls Following Bitcoin’s Slide

In a recent surge of optimism among cryptocurrency traders, social media platforms have been flooded with calls to “buy the dip” following Bitcoin’s price slide.

05.01 / 10:06

markets UPS trends Trade Experts performer week Multibagger Stock: Reliance Power shares hit 52-week high, up 900% in 3 years; should investors consider buying?

Reliance Power have given exceptional returns in the last 3 years. The stock has surged from ₹3.3 in January 2021 to currently trade at its 52-week high of ₹33, soaring as much as 900 percent in these 3 years. The stock has also given multibagger returns in the last 1 year, jumping 114 percent.

05.01 / 09:59

markets COST ETF Platform economy trends Gold Prices Gold prices may continue to remain elevated considering global macros and geopolitical factors, says Tapan Patel

LiveMint, Patel said that gold has a very low correlation with other asset classes hence it is advisable to allocate some of it to your portfolio. The current market environment is quite challenging as investors look to hedge or diversify their portfolios with safer assets. Investors may opt for an asset class that can protect their portfolio from market uncertainty.

05.01 / 09:45

ADP trends Trade show track reports Department week Dollar set for positive week ahead of monthly jobs report

Investing.com — The U.S. dollar gained in early European trade Friday, on course for its strongest week since July ahead of the release of the widely-watched monthly official jobs report.

05.01 / 08:54

markets Reuters Waters economy trends country Weekly Asia FX set for weekly losses, dollar strong ahead of payrolls reading

Investing.com-- Most Asian currencies moved in a flat-to-low range on Friday, while the dollar hovered near three-week highs as markets awaited key U.S. labor data for more cues on the Federal Reserve’s plans for interest rate cuts.

05.01 / 08:26

COST UPS security Food Nestle trends reports Q3 result preview: FMCG sector expected to see mid single-digit volume growth, margin expansion trend to continue

Also Read: Q3 result preview: NBFCs likely to see healthy profit growth of 27% YoY amid moderating margins A delayed winter has shrunk demand for seasonal categories during the quarter, falling short of initial expectations across FMCG companies. In terms of categories, food and beverages is anticipated to outperform home and personal care, said Elara Securities.

05.01 / 08:21

markets Citi economy Sustainability trends reports Housing sales in top eight cities witness 33% YoY growth in 2023: Report

Residential real estate sales in India were at their highest since the peak seen in 2013, witnessing a 33 percent YoY growth, with a total of 4.10 lakh units sold during calendar year 2023, according to the latest report by PropTiger.com.

05.01 / 08:21

UPS Citi Provident Metro Election Deloitte trends 2024 budget 2024 Budget 2024: What to expect on the personal taxation front?

Union Budget 2024: Gita is your average software professional with a keen interest in following the daily trends of Indian economy to understand its impact – be it in the rise in prices of fruits or that of the stock market. She tends to connect the trends with RBI rates or FDI announcements. With upcoming year-end holidays, she is all geared up to appreciate the changes impacting her salary and plan for her new home in the next financial year.

05.01 / 07:27

markets UPS security trends Trade reports Share price of Bajaj Holdings falls as Nifty strengthens

Bajaj Holdings & Investment Ltd. slipped 1.03 per cent to Rs 8123.95 in Friday's trade as of 12:33PM (IST). The stock hit a high price of Rs 8270.0 and low of Rs 8102.05 during the session.

05.01 / 06:30

markets UPS Gap trends Trade Experts Trent declines 0.05% as Sensex climbs

Trent Ltd. traded at Rs 3066.5 on BSE at 11:36AM (IST) on Friday, down 0.05 per cent from previous close. The stock quoted a 52-week low price of Rs 1155.1 and a high of Rs 3108.45.

05.01 / 05:33

Target Booking security trends Trade Experts NTPC share price hits fresh all-time high; should you book profit? Here's what experts say

₹325.60 in morning trade on BSE on Friday, January 5. NTPC share price opened at ₹322.50 against the previous close of ₹317.10 and climbed 2.7 per cent to its record high of ₹325.60. The stock, however, pared gains soon and traded 0.74 per cent higher at ₹319.45 around 10:20 am.

05.01 / 05:13

UPS security trends Trade Experts LTIMindtree shares up 1.2% as Nifty gains

LTIMindtree Ltd. gained 1.2 per cent to Rs 5938.25 in Friday's trade. It hit a high of Rs 6010.0 and low of Rs 5901.45 during the session.

05.01 / 05:03

markets UPS Gap trends Trade Experts Mphasis rises 2.74% as Sensex climbs

MphasiS Ltd. traded at Rs 2673.35 on BSE at 10:10AM (IST) on Friday, up 2.74 per cent from previous close. The stock quoted a 52-week low price of Rs 1660.65 and a high of Rs 2788.35.

05.01 / 02:25

markets Target Research trends President Experts recommendations Buy or sell: Vaishali Parekh recommends three stocks to buy today — January 5

Buy or sell stocks for today: Despite mixed trends from the Asian stock market, Dalal Street bounced back on Thursday after losing two days in a row. The nifty 50 index gained 141 points and closed at 21,658 levels, BSE Sensex surged 490 points and ended at the 71,847 mark whereas the Nifty Bank index finished 490 points higher at 48,195 levels.

05.01 / 02:18

markets security Research trends Trade Inside recommendations Nifty 50, Sensex today: What to expect from Indian stock market in trade on January 5

Sensex rallied 490.97 points to end at 71,847.57, while the Nifty 50 closed 141.25 points, or 0.66%, higher at 21,658.60. Nifty 50 formed a small positive candle on the daily chart, which is placed within a high low range of Wednesday’s bear candle. Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty to US private payrolls data “Technically, this could be considered as a bullish inside day type candle pattern.

05.01 / 02:00

markets UPS Racing trends Trade War show Oil prices rise as Middle East disruptions persist; US payrolls awaited

Investing.com-- Oil prices rose in Asian trade on Friday as focus remained on supply disruptions in the Middle East, although gains were somewhat limited in anticipation of key U.S. payrolls data.

05.01 / 01:11

COST trends show country reports Traffic International Data recap: GST, car sales, shipping cost

₹1.65 trillion in December. Meanwhile, the recent attacks on vessels in the Red Sea have led to a surge in shipping costs. Welfare spending has become one of the selling points for political parties in recent election campaigns.

04.01 / 23:23