Trends Financial News

Kamala Harris has surpassed Republican Donald Trump in a new poll in Iowa, with likely women voters responsible for the turnaround in a state that Trump easily won in 2016 and 2020, according to the Des Moines Register/Mediacom Iowa Poll released on Saturday. The poll of 808 likely voters, who were surveyed Oct. 28-31, has Harris leading Trump 47%-44% in Iowa, which has been trending deeply Republican in recent years. It is within the 3.4 percentage point margin of error, but it marked a turnaround from a September Iowa Poll that had Trump with a 4-point lead, the newspaper reported. «The poll shows that women — particularly those who are older or who are politically independent — are driving the late shift toward Harris,» the Register said.

US election race is as close as it can get, especially because there is no certainty as to which candidate has the ultimate edge in the election race. Different election trends and data are yielding varied results, that is increasing the political intensity even more.

foreign portfolio investors (FPIs) in India offloaded a staggering Rs 1,13,858 crore through the exchanges in the month of October. However, they remained active buyers in the primary market for the month. As opposed to the huge sell-off in the secondary market, the FPIs invested Rs 19,842 crore in the said time period.

Apple set yet another revenue record in India in the September quarter, thanks to the iPhone, amid an ongoing trend of premiumisation in the smartphone market, said chief executive Tim Cook. “iPhone grew in every geographic segment, marking a new September-quarter revenue record for the category… And we continue to be excited by the enthusiasm we’re seeing in India, where we set an all-time revenue record,” Cook said during the company’s earnings call Friday. It’s not just iPhones that are growing rapidly in India. iPads also set a record in the quarter, contributing to an 8% surge in revenue for the segment globally.

Harry Enten, the CNN polling analyst suggested that US Vice President Kamala Harris could eventually achieve a landslide victory in the upcoming US Presidential Elections if polls underestimate the Democratic support which the poll surveys actually did during the midterms 2022. According to Newsweek, in the 2022 midterms, polls underestimated the Democrats by a fair average of near about 4 points. Newsweek reported that in accordance with Harry Enten, if this trend continues then he predicts that Democratic Presidential nominee Kamala Harris could end up securing 319 electoral votes to Republican Presidential candidate Donald Trump’s 219 by winning all critical battleground states. Also Read :Agatha All Along Season 2: Is the second installment in the works?

US elections are just a few days away and Wall Street is already placing its due bets on the potential future leadership of the country. Reports suggest that Wall Street executives, and even cryptocurrency traders are bidding for Donald Trump's return to the White House after November.

India reported a 5.5% growth in iron-ore output at 135 million tonnes (MT) for the first half of the current financial year 2024-25. The country produced 128 MT iron-ore in the same months of the previous fiscal. Manganese ore production also rose by 6.2% to 1.7 MMT in fiscal 2024-25 from 1.6 MMT during the corresponding period of previous year. India also reported higher coal output during October 2024. Among non-ferrous metals, primary aluminium production in the months under review rose 1.2% over the corresponding period last year, increasing to 20.90 lakh ton (LT) during fiscal 2024-25. Refined copper production grew by 4.6% from 2.39 LT to 2.50 LT. According to the Mines Ministry, India is the second largest aluminium producer, among top 10 refined copper producers and fourth largest iron ore producer in the world. “These growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure, construction, automotive and machinery,” a Mines Ministry statement said.

Muhurat trading is traditionally held on the evening of Diwali, symbolizing new beginnings and prosperity. Investors treat this day as an opportunity to make fresh investments, believing that trades made during this auspicious hour will yield fruitful returns throughout the year. The atmosphere is charged with optimism as traders engage in buying stocks, often driven by sentiment rather than mere financial analysis. Notably, the Sensex has closed positively in 8 of the last 10 years on this day, enhancing its reputation for bringing good fortune for investors. The Sensex has experienced substantial growth over the last ten years. From a value of approximately 26,850 points in 2014, it surged to an all-time high of about 85,978 points in September 2024. This impressive trajectory reflects an average annual growth rate that has consistently attracted both domestic and foreign investors. The index's performance is not just a reflection of market trends but also indicative of India's economic resilience and growth potential.

Ratan Tata’s will to ensure ‘unlimited’ care for his pet dog Tito is likely to trigger a ‘pawsome’ trend — more and more pet parents making provisions for their furry companions on their posthumous wish lists. While queries on these lines have been coming in for a while now, the trend is still at a nascent stage in India. Tata’s move, say lawyers, will generate much more awareness about the issue, prompting more people to follow suit. Pets are not recognised as people capable of holding property or inheriting the estate of another person — they are deemed personal property. Therefore, while many Indians see their pets as their children, Indian law still doesn’t.

Subscribe to enjoy similar stories. As India’s equity markets approach Samvat trading—a special session conducted during an auspicious hour on Diwali, 1 November—it would be wise not to focus much on sectors that delivered high returns in recent years, says Aashish Somaiyaa. The chief executive of WhiteOak Capital AMC expects that recent changes in market trends will continue during Samvat 2081, which marks the beginning of a new Hindu year.

foreign outflows and weak corporate earnings dampened investor sentiment. The NSE Nifty 50 declined by 0.56% to close at 24,205, while the BSE Sensex dropped 0.69% to 79,389. Both benchmarks lost around 6% in October, their steepest monthly drop since March 2020, when COVID-19 lockdowns triggered a sharp global market selloff.

Key Square Group founder Scott Bessent and chief economist at the America First Policy Institute Michael Faulkender discuss former President Trumps agenda on Kudlow.

US elections, where Donald Trump and Kamala Harris are stuck in a major political deadlock, with election trends showing that they are leading and trailing within the margin-of-error, which means that the fight can go either way when the election commences.

Homebuyers opted to make smaller down payments this summer as declining mortgage rates helped boost their purchasing power, though home shoppers’ upfront costs remain near their peak

Subscribe to enjoy similar stories. NEW DELHI : As Diwali lights up homes across India, it’s also sparking fresh demand in the country's sluggish smartphone market. Budget 5G phones, priced under ₹15,000, are picking up pace, driven by discounts, exchange offers, and no-interest instalment plans.

Canara Bank traded 0.24 per cent in Thursday's trade at 10:35AM (IST). Around 352,801 shares changed hands on the counter. The scrip opened at Rs 103.00 and touched an intraday high and low of Rs 104.15 and Rs 102.50, respectively, in the session so far. The stock of Canara Bank quoted a 52-week high of Rs 129.35 and a 52-week low of Rs 76.05.

rupee opened on a flat note and rose 1 paisa to 84.07 against the US dollar in initial deals on Thursday, as strong dollar and persistent foreign fund outflows dented investor sentiments. Forex traders said the rupee remained range bound as month-end demand kept the US dollar well-bid. Moreover, a muted trend in domestic equities weighed on the local unit, while any intervention by the Reserve Bank of India (RBI) may support the local currency at lower levels, they said.

Lupin Ltd. 0.49 per cent to Rs 2168.10 in Thursday's trade. It hit a high of Rs 2196.25 and low of Rs 2157.25 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1796.42, while the 50-DMA was at Rs 2197.87. 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. traded 0.25 per cent at Rs 6943.70 at 10:39AM (IST) on Thursday, even as BSE benchmark Sensex 291.45 points to 79650.73. The stock had closed at Rs 6925.90 in the previous session. The stock quoted a 52-week high price of Rs 8129.95 and 52-week low of Rs 3248.00, respectively. As per BSE data, total traded volume on the counter till 10:39AM (IST) stood at 1112 shares with a turnover of Rs 0.78 crore.

Kamala Harris and Donald Trump in the swing states, which would be extremely crucial in deciding which candidate will ultimately reach the White House after November.