Week Financial News
17.11 / 18:40
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Weekly
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Oil headed for 4th weekly loss after sinking 5% on demand concerns; Brent at $78/bbl on week-long selloff
₹6,252 per bbl, having swung between ₹6,070 and ₹6,261 per bbl during the session so far, against a previous close of ₹6,026 per barrel. -Oil's decline this week was mainly triggered by a steep rise in US crude inventories and production sustaining at record levels, while signs of thawing demand in China also triggered concerns.
17.11 / 18:09
17.11 / 16:31
Manufacturing
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cricket
week
Best of the Week | The Men's Cricket World Cup Finals, festivities, and obituaries
electric vehicle makers use more locally made parts in order to become beneficiaries of its manufacturing programme, reported Shubhash Narayan and Rituraj Baruah.
17.11 / 14:35
Blockchain
Ethereum
Fox
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week
THORChain Becomes Third-Largest DEX, Pumping RUNE 50% in a Week. Is Galaxy Fox Next?
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
17.11 / 11:59
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week
Tech View: Nifty shows strong resistance around 19,850. Here’s what traders should do next week
Nifty on Friday ended 33 points lower to form two back-to-back candles with high upper shadows and indicate a presence of strong overhead resistance around 19,850 levels. The positive chart pattern like higher tops and bottoms is intact as per the daily chart and Thursday's swing high of 19,875 could be considered as a new higher top of the sequence. Hence, any decline from here could open a possibility of higher bottom formation around 19,600 -19,550 levels in the coming sessions, said Nagaraj Shetti of HDFC Securities. The hourly momentum indicator has a negative crossover, indicating that the consolidation can continue over the next few trading sessions.
17.11 / 11:43
IPO
FIVE
Booking
Gap
band
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week
Tata Tech IPO: Tata Investment share price rallies over 20% ahead of the issue next week
Tata Investment Corporation rallied over 20% on Friday's trading session, touched to ₹3,909.90 per piece ahead of upcoming initial public offering (IPO) of Tata Technologies. Tata Investment shares opened ₹ 3,270 per share in the early morning trading on Friday, against previous close at ₹ 3,257 . Tata Technologies, which is all set to go public on November 22, is a subsidiary of Tata Motors in which Tata Investment is a promoter group entity.
17.11 / 11:37
FIVE
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Department
week
Mortgage rates decline for 3rd consecutive week
DFW housing and macro econ analyst Amy Nixon discusses the future of the housing market on Making Money.
17.11 / 10:55
Experts
AGRO
hospital
week
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Benchmark NSE Nifty closed 33.4 points down at 19731.8 amid selling in frontline bluechip counters. However, stocks such as APM Finvest, Rajesh Exports, Winsome Yarns, ESAF Small Finance and Diamines Chem, touched their fresh 52-week lows.
17.11 / 09:54
Investment trusts
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week
Investment Week reveals winners of Investment Company of the Year Awards 2023
The awards recognise managers in this important part of the market, who have delivered consistently for investors across a variety of sectors.
17.11 / 07:17
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TVS Motor Company share price touches 52-week high as it enters European market with Emil Frey deal
₹1,712.70 apiece on the BSE on Friday's session following the news of TVS Motor Company's entry into key European market after an agreement with Emil Frey. TVS Motor said in its exchange filing on Thursday that it has inked a distribution and import agreement with Emil Frey, a renowned automotive distributor that has been in business for a century.
17.11 / 07:17
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Healthcare
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hospital
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week
Apollo Hospitals, Narayana shares scale 52-week high as Q2 results boost sentiment
Apollo Hospitals Enterprise Ltd, Narayana Hrudayalaya Ltd share price scaled 52-week highs on Friday while Fortis Healthcare, Max Healthcare Institute Limited, Global Health ltd ( Medanta) are trading close to their highs seen recently. The investor confidence remains strong led by improving occupancy for Hospitals, rising average revenues per operating bed (ARPOB), rising non Covid treatment volumes etc that are helping lift their financial performance as was visible in Q2 results. Analysts at Jefferies India Pvt Ltd in their result review report said that in 2QFY24, 3 of our 4 coverage hospitals delivered beats to their estimates while one was in line.
17.11 / 05:55
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Gold Prices
Gold prices steady, set for strong week as Fed rate fears ease
Investing.com-- Gold prices rose slightly on Friday and were headed for a strong weekly performance as more weak U.S. economic data spurred bets that the Federal Reserve was done raising interest rates.
17.11 / 05:36
Experts
hospital
week
Stock market update: Stocks that hit 52-week lows on NSE
Domestic benchmark index NSE Nifty gained 31.95 points to 19797.15, while the BSE Sensex traded 17.93 points up at 66000.41. On the other hand, GE Power India, Starteck Finance, Creative Peripherals, Naga Dhunseri Group and Bang Overseas stocks hit their fresh 52-week highs today.
17.11 / 05:15
17.11 / 02:56
JPMorgan
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week
Oil prices on track for fourth straight week of decline
Oil prices were on track for the fourth straight week of decline as they remained little changed in early Asian trade after slipping about 5% to a four month-low on Thursday on worries over global demand. Brent futures were up 10 cents, or 0.1%, at $77.52 a barrel at 0232 GMT. U.S.
17.11 / 02:56
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Inside
Weekly
week
Yen eyes best week in four months, dollar heads for weekly decline
Federal Reserve is done raising rates leaving the greenback headed for a weekly loss. A slew of weaker-than-expected U.S. economic data released this week, led by a slowdown in inflation, has reinforced market expectations that the Fed has reached the end of its aggressive monetary tightening cycle, with focus now on when the first rate cuts could begin. Market pricing shows just a 0.3% chance of another rate hike in December, as compared to a roughly 15% chance a week ago, with a 35% chance that the U.S.
16.11 / 17:17
fall
week
Mortgage rates fall for a third week - Freddie Mac
NEW YORK (Reuters) — U.S. mortgage rates fell for the third-straight week this week to the lowest since late September, signaling falling yields in the Treasury market that largely determine home borrowing costs may be boosting housing market affordability.
16.11 / 16:13
Target
innovations
reports
week
Religare revises ‘high conviction target’ to hold, sees 11% upside as midcap stock nears 52-week high; do you own?
Jyothy Labs neared their 52-week high levels of ₹466 after reporting decent July-September quarter results for fiscal 2023-24 (Q2FY24). Domestic brokerage firm Religare Broking has revised its rating on the midcap stock to ‘accumulate’ or ‘continue to hold’ after the ‘high conviction’ target was achieved at 27 per cent by the end of September 2023. At a current market price (CMP) of ₹419, Religare has given a target price of ₹466 for Jyothi Labs and sees a potential upside of 11.2 per cent on the stock.
16.11 / 13:27
Enterprise
reports
resolution
week
NCLAT to hear pleas challenging Birla Tyres resolution plan next week
. One of the pleas, filed by HDFC Bank challenging the jointresolution plan of Himadri Speciality Chemical Ltd and the Dalmia Bharat group to acquire Birla Tyres, will be heard on 23 November. The other petition, involving Kesoram Industries Ltd, the parent company of Birla Tyres, contesting the rejection of its claims as a financial creditor in the insolvency process, will be heard on 24 November. Last month, the Kolkata bench of the National Company Law Tribunal (NCLT) approved the resolution plan jointly submitted by Himadri Speciality Chemical and Dalmia Bharat Refractories to acquire Birla Tyres under the Corporate Insolvency Resolution Process (CIRP).
16.11 / 10:15
FIVE
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week
Mortgage demand surges to 5-week high after recent drop in mortgage rates
FOX Business correspondent Madison Alworth shares why for many first-time homebuyers, the American dream is delayed as a result of high mortgage rates and home prices on 'Varney and Co.'
16.11 / 07:03
Provident
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week
Suzlon share price extends rally to hit 52-week high; jumps over 12% in one week
₹42 apiece on the BSE. The rally in Suzlon shares comes on the back of positive sentiment after the stock was included in the MSCI Global Standard Index. In its November index review, the global index provider added Suzlon Energy along with 8 other Indian companies in India Standard Index.
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