Week Financial News

06.12 / 11:33

Experts week Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Domestic benchmark index NSE Nifty ended 82.6 points up at 20937.7, while the BSE Sensex closed 357.59 points up at 69653.73. On the other hand, Robust Hotels, BCL Industries, Rashtriya Chemicals, Madras Fert and Veranda Learning Sol stocks hit their fresh 52-week highs today.

06.12 / 11:05

Experts AGRO week Stock market update: Stocks that hit 52-week highs on NSE in today's trade

Benchmark NSE Nifty closed 82.6 points up at 20937.7 amid buying in frontline bluechip counters. However, stocks such as Embassy Office, Flair Writing Indust, Raj Rayon, SEL Manufact and Winsome Yarns, touched their fresh 52-week lows.

06.12 / 09:07

Manufacturing Apache exclusive consequences information reports week Piaggio India set to launch Aprilia RS 457 at India Bike Week 2023: Check details

₹4 lakh, positioning it as a competitor to the KTM RC 390, TVS Apache RR 310, and the forthcoming Yamaha R3. As per the report from the publication, the RS 457 marks the inaugural motorcycle production at Piaggio's Baramati plant. Although designed and developed in Italy, it is essential to recognize that, despite its Indian manufacturing, the RS 457 falls into the premium motorcycle category.

06.12 / 08:35

ETF show cover week Hedge Funds were big sellers of Big Tech stocks last week - Morgan Stanley

Hedge funds made adjustments to their positions last week, reducing bullish bets on major tech stocks and increasing short positions, according to Morgan Stanley's quant strategists.

06.12 / 07:25

Citi Booking WhatsApp Experts reports recommendations share price week Angel One share price spikes over 10% to 52-week high on upbeat monthly business update

Angel One share price spiked over 10% to hit a 52-week high on Wednesday after the stock broking company posted an upbeat monthly business update registering a sharp 51% year-on-year (YoY) rise in its client base during November. Angel One shares rallied as much as 10.33% to a fresh 52-week high of ₹3,246.00 apiece on the BSE. In a regulatory filing, Angel One reported a 51.3% YoY increase in its client base at 1.85 crore in November 2023 from 1.22 crore in the same month last year.

06.12 / 06:15

Experts country recommendations week NTPC, Power Grid, BHEL share prices are trading near 52-week highs. Peak power shortages are here to stay say analysts.

Power Grid Corporation of India while scaled 52 week highs on Wednesday, NTPC, Bharat Heavy Electricals Ltd with gains of 26-107% in last six months also are trading near 52-week highs scaled on Tuesday. Others prominet gainers include JSW Energy that with gains of more than 55% in last 6 months. The peak power demand in November remained buoyant.

05.12 / 23:07

Nov show reports week Oil Inventories unexpectedly jumped by 594,000 Barrels Last Week: API

Investing.com — U.S. crude inventory unexpectedly increased last week, the API reported Tuesday, adding to concerns about a potential global crude supply surplus following weaker-than-expected pledges to cut output by major oil producers last week.

05.12 / 17:35

Manufacturing Volkswagen Bill pandemic country testing week Lamborghini introduces four-day week for production workers

ROME (Reuters) -Lamborghini has reached a deal with unions to introduce a four-day week for its production workers, the labour associations and the company said on Tuesday, as more manufacturing groups re-consider the structure of the work week for their employees.

05.12 / 14:19

ETF show cover week Hedge Funds were big sellers of Big Tech stocks last week - Morgan Stanley

Hedge funds made adjustments to their positions last week, reducing bullish bets on major tech stocks and increasing short positions, according to Morgan Stanley's quant strategists.

05.12 / 12:41

Provident economy Divinity rock information 500 week S&P 500 Pattern Hints at Move Beyond 4600 This Week

The market presents investors with a game based in psychology. However, most market participants are much too interested in what the Fed is doing, or what the CPI is going to be, or what unemployment will do to the market to even realize they are not playing the right game. In other words, while the market is playing a game of chess, most market participants are playing a game of go-fish.

05.12 / 12:23

Experts week Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Domestic benchmark index NSE Nifty ended 168.3 points up at 20855.1, while the BSE Sensex closed 431.02 points up at 69296.14. On the other hand, Adani Power, Adani Ports SEZ, Transwarr Fin, Spencer's Retail and Inox Green Energy Se stocks hit their fresh 52-week highs today.

05.12 / 10:59

Experts AGRO week Stock market update: Stocks that hit 52-week highs on NSE in today's trade

Benchmark NSE Nifty closed 168.3 points up at 20855.1 amid buying in frontline bluechip counters. However, stocks such as Flair Writing Indust, Raj Rayon, Winsome Yarns, ASK Automotive and SEL Manufact, touched their fresh 52-week lows.

04.12 / 17:19

country reports travelers week Putin to visit UAE, Saudi Arabia this week: Russian news outlet

Vladimir Putin will visit the United Arab Emirates and Saudi Arabia this week, Russian news outlet Shot reported on Monday, citing Putin's aide Yury Ushakov. The reported visit comes after the OPEC+ group of oil producers, which includes all three countries, agreed last Thursday to voluntary output cuts totalling about 2.2 million barrels a day. Markets reacted with scepticism to the deal because of doubts about whether the voluntary cuts would be fully implemented. Oil prices fell 2% last week after the announcement, and declined further on Monday. Putin has rarely travelled abroad in recent years, and mostly to states of the former Soviet Union.

04.12 / 15:45

Progressive economy Remark country information reports week Narayana Murthy's 70-hour work week advice reaches Parliament, Govt tells MPs…

Lok Sabha MPs asked the Narendra Modi government whether it is evaluating the suggestion posed by the Infosys co-founder. Narayana Murthy's 70-hpour work week had triggered debates and met with brick-bats and flowers, wherein several business owners agreed with the need for increased productivity and some debated with adequate compensation.

04.12 / 12:53

Provident Digital Browser Actor performer information reports week Next week on the stock market

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04.12 / 12:33

Target track country reports recommendations evacuation share price week NMDC share price scales 52 week high on strong volume growth, price hikes improving earning growth prospects

NMDC Ltd scaled 52-week highs of ₹186 on Monday having gained almost 3% in the last 2 trading sessions. The gains are being led by record production and sales growth being reported by NMDC NMDC sales at 3.79 million Tonne (MT) during November grew almost 25% year-on-year. It is not only the month of November that saw strong sales growth but also year to date in FY24, NMDC sales at 27.78 mt have grown 23.5% year-on-year.

04.12 / 12:21

Altcoins LUNC Terra Luna Classic Technical Analysis week Terra Luna Classic Price Prediction as LUNC Becomes Best Performer of the Week – $1 LUNC Incoming?

The Terra Luna Classic price has surged by 30% in the past 24 hours, with its race to $0.00023831 also marking a 104% gain in a week.

04.12 / 11:33

economy show country social consequences week ‘Learn to toughen up’: OpenAI investor Vinod Khosla's stern take on Narayana Murthy's 70 hour work week comment

Vinod Khosla, the first investor in OpenAI and co-founder of Sun Microsystems, has now weighed in on Narayan Murthy's controversial comments urging young people to work 70 hours a week to boost India's labour productivity. In a Q&A session, Khosla noted that people who felt offended by Murthy's comments "need mental therapy" and urged them to "learn to toughen up". Also Read: Want Sam Altman back at OpenAI, will back his next venture, says Vinod Khosla In reply to a post on X (formerly Twitter), Khosla wrote, "For people who "felt attacked" by this they need mental health therapy.

04.12 / 07:59

Provident FIVE ETF Strategy performer track open week Motilal Oswal Small Cap Fund, 3 other NFOs open this week; should you invest?

Axis US Treasury Dynamic Bond ETF FoF, DSP Nifty Smallcap250 Quality 50 Index Fund, Motilal Oswal Small Cap Fund will open for subscription on December 5. Samco Dynamic Asset Allocation Fund will open for subscription later this week.

04.12 / 06:43

Target Action WhatsApp Experts track recommendations week Stocks to buy this week: ITC, HUL, Concor, GAIL among 10 technical picks; do you own any?

Bharatiya Janata Party (BJP) secured victory in three major states on Sunday, boosting the ruling party’s prospects of prevailing in next summer’s general election. Experts believe the market will see a healthy rally in the near term and most sectors will participate in it because of optimism over political stability and India's healthy macro outlook. On the technical front, Axis Securities said if Nifty crosses and sustains above 20,400 level, it would witness buying, leading the index towards 20,500-20,600 levels.

04.12 / 05:41

Target Booking Action Experts show recommendations week Chart Check: 20% rally in 3 months! This PSU bank hits a fresh 52-week high; should you buy or book profits?

Canara Bank, part of the PSU banking segment, rallied more than 20% in the last 3 months to hit a fresh record high in December 2023 and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock for a target of Rs 432 in the next 3-4 weeks, suggest experts. The PSU stock hit a 52-week high of Rs 419 on 1st December 2023. It rose from Rs 328 as on 1st September to Rs 410 recorded on 1st December which translates into an upside of about 25% in the last 3 months. The stock rose more than 5% in a week, and over 7% in a month. The PSU stock bounced back after taking support above 380 levels in the last week of November.

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