Wellness Financial News

Mutual fund investors, who were looking to buy the dip as the stock market crashed on Tuesday amid election results, were disappointed as a "technical glitch" delayed execution and they were allotted NAVs the next day.

Reserve Bank of India (RBI) Friday maintained policy interest rates and its monetary stance for the eighth straight review meeting amid concerns of a likely spike in food prices, but the cracks in the Monetary Policy Committee widened in favour of easier money. It surprisingly raised the FY25 growth forecast, sending equity indices higher.

«The situation was never as good in the Indian aviation market as it is today because there are effectively only two large players, Vistara Air India combined and InterGlobe Aviation,» says Sandip Sabharwal, asksandipsabharwal.com. Let us get stock specific then and get in your take on the entire chemical sector, brokerages are of the view that it is still not out of the woods, in fact they have cut the target price of most of the companies like SRF, Tata Chemicals, Navin Fluorine. What is your outlook? On the chemical side there is still huge overcapacity, largely prices are under pressure, so obviously when prices fall a lot there is some upswing but given the huge oversupply position and the demand supply mismatch and the fact that many of these companies have added significant capacity over the last one or two years and are in the process of adding more capacity, so what this will do is that this will create diseconomies of scale so because of huge capex and low prices and as the plants become commercialised you will have interest costs, etc, also coming into your P&L.

Also Read: RBI Monetary Policy LIVE Updates: RBI keeps repo rate unchanged at 6.5%; raises FY25 GDP growth forecast to 7.2%Prices of industrial metals have registered double-digit growth in the current calendar. year so far, these trends, if sustained, could accentuate the recent uptick in input cost conditions for farms.

Reserve Bank of India has seen some moderation in certain loans and advances after it flagged concerns around unsecured retail lending in November, Governor Shaktikanta Das said on Friday. It also said that banks must maintain a prudent balance between assets and liabilities.

Congress on Friday alleged that statues of Mahatma Gandhi, B R Ambedkar and Chhatrapati Shivaji among others have been relocated within Parliament premises to ensure that Opposition parties cannot hold democratic protests, and said such «stunts» cannot save Prime Minister Narendra Modi's «unstable government» from falling. Congress general secretary Jairam Ramesh termed the Lok Sabha secretariat's explanation for relocating the statues as «wholly bogus», and said there has been no discussion with any political party on the matter.

Bajaj Holdings & Investment Ltd. traded 2.22 per cent higher in Friday's session at 10:45AM (IST). The stock opened at Rs 8119.85 and has touched an intraday high and low of Rs 8340.0 and Rs 8119.85, respectively, during the session so far. The stock quoted a 52-week high of Rs 9355.0 and a 52-week low of 6634.6. About 2,004 shares changed hands on the counter so far.

NASA astronaut Barry “Butch" Wilmore at the space station.She has achieved the milestone of being the first woman to pilot and assess a new crewed spacecraft during its inaugural mission. Williams and Wilmore were welcomed by ringing of the bell, an old ISS tradition.

This election placed the Constitution of India in the national spotlight, but what its results have brightened overnight is the prospect of Amaravati emerging as an entirely new city to serve as the capital of Andhra Pradesh (AP). A prime mover of this project, N. Chandrababu Naidu of the Telugu Desam Party (TDP), has risen to political prominence.

Finra is calling on all its member firms to take heed and take action as new SEC rules that stiffen expectations around data breaches takes effect.

Marianne Caswell’s passion for the industry is helping her clients achieve financial confidence and improve their well-being.

In the race to gain assets and market share in the wealth space, one thing’s for sure: you can’t win without advisors. That means RIAs, broker dealers, and hybrids know as well as anyone that the ability to attract high-quality advisors is non-negotiable.

Samajwadi Party chief Akhilesh Yadav is likely to retain his Lok Sabha seat of Kannauj over his membership of the UP legislative assembly where he represents the Karhal seat of Mainpuri, a senior SP leader has said, even as Akhilesh dropped hints to the media about the possibility of carrying out backchannel talks for «humouring» people for INDIA to form a government at the Centre.

flight ahead, and then suddenly spotting someone who you really don't want to acknowledge. But you know the person so well that avoiding him or her would be impossible. So, despite being as keen to meet each other and say hi-hello as a cat is on taking a swim, you start rehearsing in your head what you'll say when you do finally exchange feasantries — fake pleasantries.

losing are a part of life. They are two sides of the same coin. Winning and losing come in cycles; neither is permanent.

Canon is in talks with Indian and global players for its semiconductor lithography equipment, which is the most crucial machinery required in chip fabrication, and shall compete with global leaders like ASML in the space.

Companies planning to set up new liquefied natural gas (LNG) terminals or expand existing ones will need approval of the downstream regulator, according to a draft regulation by the Petroleum and Natural Gas Regulatory Board (PNGRB), which is seeking to regulate terminals that are expanding rapidly while remaining deeply underutilised.

Online trading platform Robinhood Markets (HOOD) agreed to buy European cryptocurrency exchange Bitstamp for about $200 million, in a deal that will expand Robinhood's cryptocurrency and international business, according to a release Thursday.

₹6,500, sees an upside potential of 10.73 per cent.“The stock has corrected well and has consolidated near 5700 levels to maintain a good base taking support and currently we anticipate a bounce back with strength and potential to rise further in the coming days," Parekh said.Also read: Chandan Taparia recommendations: How to trade Escorts, Dixon Tech, Glenmark Pharma shares on June 7?“The RS has shown signs of positive bias and with good volume participation witnessed, we suggest to buy and accumulate this stock for an upside target of 6500 levels keeping the stop loss of 5650," she added.Dr Reddy's shares was trading 1.29 per cent higher on Thursday, June 7. The stock closed at ₹5,899.40 per share, against previous close at ₹5,824 on Wednesday.Dr.

Ukraine on Thursday ordered the evacuation of children and their guardians from several towns and villages in the eastern Donetsk region, where fighting with Russia is intensifying.

Lounge, I wrote about how fitness enthusiasts should become friends with the barbell if they are serious about their goals. Just using a barbell can make your workout unique and test how creative you can get within the confines of good technique. There are some days when you don’t want to go through all the racks and machines, especially in a busy gym hour.