UPS Financial News
06.03 / 11:17
UPS
FIVE
pandemic
trends
show
Traffic
Meeting remotely now OK for most clients, and advisors say it helps business
It’s been four years since the world went into lockdown amid Covid, and although restrictions and mandatory remote work are over, people still want to meet remotely with financial advisors.
06.03 / 10:47
06.03 / 10:47
markets
UPS
Trade
Bitcoin
2020
reports
Powell to testify, Bitcoin volatility - what's moving markets
Investing.com -- U.S. stock futures inch higher as markets gear up for Fed Chair Jerome Powell's much-anticipated testimony to lawmakers on Capitol Hill. Bitcoin pares back losses after the world's most popular cryptocurrency touches a new all-time high. A rematch of the 2020 U.S. presidential election seems ever more likely after President Joe Biden and Donald Trump secure major victories in Super Tuesday primary voting.
06.03 / 10:47
UPS
performer
testing
Nasdaq, S&P 500, Russell 2000 Sound 'Bull Trap' Alarm
A couple of days ago we were looking at breakouts, now we need to be watchful for 'bull traps'. We had the first triggers for one with the undercut of breakout support.
06.03 / 10:47
markets
UPS
Apple
CME
Tesla
track
economic data
Futures gain ahead of Powell's testimony, economic data
(Reuters) — U.S. stock index futures rose on Wednesday as investors await testimony by Federal Reserve Chair Jerome Powell before Congress that could help determine the central bank's monetary policy path.
06.03 / 10:25
markets
Blockchain
UPS
Decentraland
ICO
trends
Trade
PEPE and Shiba Inu Experience Rising Trends, While NuggetRush’s Presale Attracts Investor Attention
Demand for meme coins is rising, causing a PEPE surge in February. The recently concluded NFT launch on Shiba Inu (SHIB) is also dominating crypto news.
06.03 / 10:25
markets
UPS
Waves
BTC
Remark
Bitcoin
Bitcoin Above $60K Following Incredible Run; Traders Take Profits Off Optimism; InQubeta Stuns Holders After Blasting Past $10.6M
It has been a week to remember. First, Bitcoin (BTC) soared past $60,000, and the wider crypto market shot up. Following its remarkable upswing, BTC is a breath away from flipping its all-time high (ATH). If you have yet to hop on the train, there might not be a better time than now.
06.03 / 10:25
markets
UPS
ETF
Liquidity
Sustainability
Bitcoin
Cryptocurrency Market Correction Triggers $1 Billion Closure of Leveraged Futures Bets
Bitcoin (BTC)‘s recent price correction, following its surge to a new all-time high above $69,000, has resulted in the closure of leveraged perpetual futures bets worth $1 billion across digital asset markets.
06.03 / 10:25
markets
UPS
Target
Analysis
performer
stage
Algotech Madness: 45 Million ALGT Tokens Sold While Cardano Struggles Near $1 Target
Algotech (ALGT) defies expectations and makes a mark in the crypto market. In a presale frenzy, over 45 million ALGT tokens have been snapped up, leaving investors and enthusiasts in awe. Meanwhile, Cardano (ADA) grapples with its elusive $1 target.
06.03 / 09:31
UPS
IPO
CEO
Action
wellness
Interviews
Financial
RBI on IIFL Finance, JM Financial: Actions to ensure ethical business practice, analysts say
IIFL Finance, JM Financial and even Paytm Payments Bank. The central bank on March 4 had imposed an embargo on IIFL Finance’s gold loan business and then on JM Financial Products’ loan against shares & IPO financing business the next day, citing persistent regulatory non-compliance and governance issues.
06.03 / 09:31
UPS
Provident
Platform
Strategy
wellness
trends
performer
What trending funds mean and why investors should be wary of them
Trending funds are often displayed prominently on app home pages, search results pages, and promotional materials put out by many fintech apps. These apps utilize eye-catching pictures, banners, or carousel placements to gain attention.
06.03 / 09:31
UPS
reports
Courts
Investigations
International
SC berates Uttarakhand's former minister Harak Singh Rawat over mass deforestation, illegal construction at Corbett
India to set up international big cat alliance Rawat, who was the forest minister in the Bharatiya Janata Party (BJP) government in 2021 is now with the Congress party. The court's judgment came on a petition filed by environment activist and lawyer Gaurav Bansal alleging the destruction of the tiger habitat and a decline in the tiger density in the Lansdowne Forest Division owing to illegal construction in the Pakhro Tiger Safari as well as illicit cutting of trees.
06.03 / 09:15
UPS
Election
WhatsApp
President
information
Congress Lok Sabha candidates: Rahul Gandhi to contest from Amethi, UP Congress leader says
Congress leader on Wednesday said that party leader Rahul Gandhi will contest the Lok Sabha election from Amethi — a constituency he has represented several times since 2002. Congress District President Pradeep Singhal, who returned after a meeting in Delhi, said Gandhi will be the party candidate from Amethi and his name would be announced soon. There is, however, no word from the party's central leadership on the matter. The party's Central Election Committee meeting is yet to take place. Gandhi, a former Congress president, represented Amethi in Parliament from 2002 till 2019.
06.03 / 09:03
06.03 / 08:57
markets
UPS
Booking
Gap
Trade
reports
Marico shares down 2.35% as Sensex rises
Marico Ltd. fell 2.35 per cent to Rs 506.3 in Wednesday's session as of 01:54PM (IST) even as the equity benchmark Sensex traded 122.18 points higher at 73799.31. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 595.0 and a 52-week low of Rs 462.95 on NSE. Around 153449 shares changed hands on the counter till 01:54PM (IST).
06.03 / 08:57
markets
UPS
Booking
Aware
performer
Schools
rights
Can midcap and smallcap indices decline 5-10% from here? Rohit Srivastava explains
Rohit Srivastava, Strike Money Analytics & Indiacharts, says “March is the last month of the financial year and once profit booking has started, it will remain for a while, till the later part of the month. This is something to be aware of that the pressure may not end in a day. Will it also spread to the Nifty, that is the second question I am getting because early in the morning Nifty was not selling off and Bank Nifty is still positive today. In 2018, we saw such divergences between the Nifty and smallcap. But usually, when one is falling a lot, the other one eventually gives in.”
06.03 / 08:57
UPS
Manufacturing
CEO
Mobile
Sustainability
country
Motovolt Mobility bets big on newly launched e-scooters
Motovolt Mobility is betting big on sales of its newly launched e-scooters for both passenger and cargo transportation in the country, a top company official said. The multi-utility e-scooter, manufactured at its Taratola factory, was launched on Tuesday. Adoption of electric mobility is increasing in the country, CEO of Motovolt Mobility Tushar Chowdhury said at the launch event here. Motovolt Mobility, which had earlier unveiled e-cycles, has entered into a technical collaboration with German company eROCKIT for the manufacture of e-scooters, priced at Rs 1,22,000.
06.03 / 08:57
UPS
WhatsApp
wellness
trends
Trade
reports
GAIL shares drop 2.6% as Sensex rises
GAIL (India) Ltd. traded 2.6 per cent lower in Wednesday's session at 02:05PM (IST). The stock opened at Rs 194.35 and has touched an intraday high and low of Rs 194.35 and Rs 185.65, respectively, during the session so far. The stock quoted a 52-week high of Rs 196.35 and a 52-week low of 102.1. About 1,455,265 shares changed hands on the counter so far.
06.03 / 08:57
UPS
IPO
Booking
Manufacturing
security
band
Sona Machinery IPO subscribed 22x on Day 2; Shree Karni Fabcom's issue booked 6x so far on Day 1
Sona Machinery was subscribed 22 times so far on the second day of the bidding process. The issue, which closes on March 7, is entirely a fresh equity sale of 36.24 lakh shares. The IPO is priced in the range of Rs 136-143 per share, where investors can bid for 1,000 shares in 1 lot.
06.03 / 08:47
UPS
LGIM profits sink a fifth as pensions prop up Legal & General results
According to its full year 2023 results, operating profits for the investment arm dropped to £274m, down from £340m the previous year, while Legal & General Retirement Institutional, focused on defined benefit pensions across the UK, US, Canada and the Netherlands, enjoyed a 10% rise in profits, up to £886m from £807m. LGIM proposes open-ended property fund restructure to hybrid model L&G Retail and L&G Capital, focused on workplace savings and alternative assets, respectively, remained largely flat year-on-year. The group pointed to the «ongoing impact of higher interest rates» to...
06.03 / 08:45
UPS
Target
economy
country
reports
Updates
China's central bank governor says there's room to cut banks' reserve requirements
BEIJING — China's central bank governor said there was room to further cut banks' reserve requirements, and pledged to utilize monetary policy to «mildly» prop up consumer prices.
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