UPS Financial News

Mazagon Dock Shipbuilders' share price rose 14.5 per cent to scale an all- time high of ₹2,794 on Friday on the NSE, before closing with gains of 12.18 per cent at ₹2,737. The Mazagon Dock Shipbuilders' share price, having risen 250 per cent in a year and 1529 per cent in five years, has given multibagger returns to investors. The confidence in defence stocks remains high with rising capex and the government's ‘Make in India’ initiative, along with rising export orders.

Sunrisers Hyderabad vs Gujarat Titans IPL 2024 match being called off due to rain on Thursday, the heartwarming moment between SRH all-rounder Abhishek Sharma and GT captain Subhuman Gill at the Rajiv Gandhi Stadium in Hyderabad left a lasting impression on their fans. After the match was abandoned due to rain without a ball being bowled, Abhishek took Shubman Gill into the stands where his mother, Manju Sharma and sister, Komal were standing. The Sharmas were very glad to see Gill and shared some happy moments with him.

message in a bottle that’s sat for four decades waiting to be discovered.“It’s neat because there’s not too many ways and pathways, waterways that could have floated down this way. So it makes me curious where exactly it came from,” Chad Martin said.Martin and his friend Chris Holl were out in the woods behind Holl’s property last week picking fiddleheads when they came across some green glass gleaming in the light.“I seen a piece of glass and thought (I) better pick it up so (Martin’s) dog doesn’t get cut.

In a stock exchange notice today (17 May), SEQI explained it has amended its investment policy to decrease its exposure to floating rate investments from 50% to 40%. As a result, up to 60% of its portfolio will target fixed-rate investments in a bid to «lock in current interest rates» and protect its income should interest rates begin to fall. The move comes as both the European Central Bank and Bank of England are expected to start cutting rates in the summer, while speculation mounts over whether the Fed will pass even a single cut this year. SEQI noted the policy amendment «is n...

Nippon Life Insurance Co. is on the hunt to take stakes in other insurers and asset managers in the US and Asia after it agreed to its biggest-ever M&A deal. 

A Jefferies Financial Group risk manager wondered why her contact at Archegos seemed to be in such a rush to withdraw hundreds of millions of dollars in excess cash from its trading account. 

Mercer Advisors is redoubling its efforts at inorganic growth with a newly appointed leadership role its mergers and acquisitions team.

Nevada ranked the second highest auto insurance rates in the country, according to Insurify.

Mansion Global host and Fox News real estate contributor Katrina Campins weighs in on February housing data and the NAR proposing new commission rules.

With this year barely moving into the first half, you can secure your spot in the list of investors winning big in the crypto world with an investment of as little as $100. With the current realities of the BEFE coin, you could be on your way to hitting it big, taking your $100 investment on the budding BEFE coin to a level up to $300k before the year ends. For the last few weeks, we have been seeing new updates and price action movements that have been hinting at a possible bullish explosion on the BEFE coin. Why? This is simply because other meme coin enthusiasts and lovers of big wins are now getting ready to discover BEFE coins.

The cryptocurrency market is back on track with good returns for investors in very little time. Everyone is looking for a quick exit from their investments as the currencies are volatile after the market correction. Bitgert’s BRISE coin offers a chance at getting the best returns in less time through small investments as well. With a credible price surge in the market, Bitgert’s BRISE coin is in the news for the benefits that it offers and the backing of the Bitgert chain that it has.

A Belgian court has ruled that all assets in the country belonging to American investment group 777 Partners can be seized, in the latest legal setback for the embattled company that owns Standard Liège and several other soccer clubs

McCaffery joined the asset manager in 2019 as the lead for alternatives and solutions before taking on a broader global CIO position, where he has played a key role in helping to build and diversify the firm's private asset capabilities.  Prior to his time at Fidelity, he headed up abrdn's global alternatives division, including all activity in liquid alternatives, private markets and real asset investing. His departure comes as Fidelity explores plans to join Schroders, BlackRock, Aviva Investors and Fulcrum in launching a private assets LTAF for UK pension schemes.  LTAFs elude r...

Voltas Ltd. fell 2.57 per cent to Rs 1287.05 in Friday's session as of 02:09PM (IST) even as the equity benchmark Sensex traded 302.14 points higher at 73965.86. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 1500.0 and a 52-week low of Rs 745.0 on NSE. Around 44697 shares changed hands on the counter till 02:09PM (IST).

solar panels and electric vehicles driving the demand for silver, the price of the industrial metal is seen surging to Rs 1 lakh a kg in the next one year and up to Rs 92,000 per kg within the next 3 months. “Silver being an industrial metal, may benefit from upside in base metals and bullish sentiments in emerging market equities. So, we expect silver to trade with a positive bias benefiting from enhanced industrial applications. Hence, an extended slowdown in the Chinese economy is one of the major risks to our outlook. Silver prices may trade in a range of Rs 75,000 – 92,000 in the next 3 months,” said Kaynat Chainwala, Senior Manager of Commodities Research at Kotak Securities.

«EV made a lot of sense because the expertise that we can get globally will help our businesses and which is why we were open to getting partners and they have added a lot of value in terms of what they bring and in other businesses, in growth gems in particular, we can look for global partners where we can get their insights and their guidance to be able to grow the business faster,» says Anish Shah, Group CEO & MD, Mahindra Group. Are you late in the EV race or was that a conscious strategy? For us, it is important to have outstanding vehicles when we launch and which is why we took the time to make sure that we have a born electric platform and that we have got designs that consumers are going to look at and say, wow, I love that design. We have got the technology, the features in the car. So, all of that is important. And if that takes a little longer, that is fine but more critical is the quality of the vehicle.

Jhansi node in the defence corridor, and the Bundelkhand Industrial Development Authority (BIDA) have contributed to the region's progress. Bundelkhand's political landscape Bundelkhand comprises four Lok Sabha seats — Jhansi, Jalaun, Hamirpur, and Banda. In the 2019 elections, the BJP secured all four seats, and despite whispers of anti-incumbency, the influence of Prime Minister Modi remains significant. The party highlights achievements like ending «mafia raj» and focusing on development.

Max Healthcare Institute Ltd. fell 0.35 per cent to Rs 845.25 in Friday's session as of 01:58PM (IST) even as the equity benchmark Sensex traded 286.34 points higher at 73950.06. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 909.0 and a 52-week low of Rs 505.35 on NSE. Around 9449 shares changed hands on the counter till 01:58PM (IST).

Marico Ltd. rose 0.83 per cent to Rs 596.35 in Friday's trade as of 01:53PM (IST) even as the benchmark Nifty ruled at 22482.1, up 78.25 points. The scrip had closed at Rs 591.4 in the previous session. The stock quoted a 52-week low of Rs 486.75 and a high of Rs 612.65. The company quoted a market-cap of Rs 76544.87 crore on the BSE.

crypto tokens was mixed. Bitcoin, Solana, Cardano, Polkadot, and Avalanche saw gains of up to 4%. However, Ethereum, BNB, Toncoin, Dogecoin, Tron, and Shiba Inu experienced losses of up to 3%. Meanwhile, the global cryptocurrency market cap declined by 0.29% to around $2.38 trillion in the last 24 hours.

₹274.50 apiece on the BSE. The volumes in JSW Infrastructure shares reached 93 lakh on May 17 as compared to its one week average of 36 lakh shares. Technically, JSW Infrastructure shares saw a major breakout above ₹265 mark and the stock was trading around ₹273 apiece.