Posts in category Economic Times
M-cap of nine of top-10 most valued firms jumps Rs 2.89 lakh crore; Reliance biggest winner (30-06-2024)
Nine of the top-10 most valued firms together added Rs 2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a rally in equities. Last week, the BSE benchmark jumped 1,822.83 points or 2.36 per cent.
3M India, M&M among 25 stocks that will trade ex-dividend this week. Do you own any? (30-06-2024)
Dividends are distributed to shareholders whose names are listed in the company's records on the record date. With the adoption of the T+1 settlement system, the record date and ex-dividend date are usually identical, except when market holidays occur immediately following the ex-date. Investors who buy the stock at least one day before the ex-date qualify for dividends, as settlement happens on the ex-date.
Where US stock market is headed after wild first half: 5 charts (30-06-2024)
A boom in artificial intelligence fueled a blistering first half for the US stock market, and traders expect to see the same — and more — in the remainder of the year.
F&O Talk: Go long in Nifty, Bank Nifty with buying on declines, says Shilpa Rout of Prabhudas Lilladher (30-06-2024)
"The trade is undoubtedly on the long side. However, it would be quite prudent to exercise some degree of caution now. Since the FIIs' net long is currently at an all-time high of 82%, they can begin to rise in the short. After all, mining and longs can occur. In that scenario, Nifty may potentially experience a 400–500 point drop. Additionally, Bank Nifty is also able to detect up to 1,000 significant points," said Shilpa Rout of Prabhudas Lilladher
‘Boring’ Bitcoin sends weekend trading volume to all-time lows (30-06-2024)
Bitcoin's weekend trading volume hit an all-time low of 16% in 2024, influenced by the introduction of Bitcoin ETFs aligning trading hours with traditional exchanges. This shift has decreased price volatility, indicating Bitcoin's evolution into a more stable asset for investors.
F&O Talk | Deploy bull spread in Nifty as FIIs highly net long: Sudeep Shah of SBI Securities (29-06-2024)
Nifty is sustaining nearly 300 points above its 10 day exponential moving average while Bank Nifty is trading close to 550 points above the same on daily charts.
FIIs end up buying Indian stocks worth over Rs 26,000 crore in June, all eyes now on Budget (29-06-2024)
After being net sellers in the last two months, a U-turn by FIIs comes amid expectations that reforms will continue after the elections. Improved GDP growth forecast and solid earnings by India Inc has also increased the appeal for FIIs, analysts say.
Nestle sees stable sales growth from Q2, CEO tells paper (29-06-2024)
Nestle anticipates stable growth with positive volume and product mix contributions, overcoming challenges like cost inflation and lower sales volumes. The iconic brands like Nespresso, KitKat, and Perrier continue to drive growth, reflecting a 1.4% rise after adjusting for currency swings.
Hawkish Fed, other bearish factors hurting gold (29-06-2024)
The ten-year US yields at 4.38% were up 2.28% on the day and were up around 4% on the week. The two-year yields were up 0.20% on the week as they closed around 4.75%
Learn with ETMarkets: Market Mood Index (MMI): Explained! (29-06-2024)
The stock market operates based on collective investor sentiment. Positive news boosts stock prices, while negative sentiment drags them down.