SGX Nifty signals a negative start for the Indian markets today
Wed, Jan 4, 2023 8:13 AM

SGX Nifty signals a negative start for the Indian markets today

The Nifty futures on the Singaporean Exchange were trading around the 18,256 level at 7:55 IST. The early barometer of India's benchmark Nifty 50 index signals a negative start for the broader index in India, with a loss of 50 points or 0.27%. Asian markets are trading on a mixed note today. Hang Seng index in Hong Kong was up 1.11%, while Nikkei 225 in Japan fell 1.46%.

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Top factors to consider before the market opens today
Wed, Jan 4, 2023 8:04 AM

Top factors to consider before the market opens today

📌Wall Street's primary indices ended in the red today; S&P 500 lost 0.4%, and Nasdaq plunged 0.76%. 📌Asian markets are trading on a mixed note. Australia’s S&P/ASX 200 was up 1.29%, while Nikkei 225 in Japan fell 1.6%. 📌SGX Nifty signals a negative opening for the broader index in India with a loss of 66 points. 📌Oil prices tumbled 3.5% in volatile trade on Tuesday.

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Gold prices trading flat ahead of U.S. Fed minutes
Wed, Jan 4, 2023 7:40 AM

Gold prices trading flat ahead of U.S. Fed minutes

Gold prices were trading flat during early Asian deals today as investors are waiting for the Federal Reserve's December policy meeting that could offer hints on the U.S. central bank's tightening path. As of 0023 GMT, spot gold held its ground at $1,838.69 per ounce after reaching a six-month peak in the previous session. U.S. gold futures dipped 0.1% to $1,843.60.

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Vaishali Parekh recommends 2 stocks to buy for today
Wed, Jan 4, 2023 7:35 AM

Vaishali Parekh recommends 2 stocks to buy for today

Vaishali Parekh from Prabhudas Lilladher feels that key benchmark indices are slowly but steadily picking up. The analysts further expressed that overall bias and market sentiment are improving. She recommended two stocks to buy for today: ✅ Indian Hotels: Buy at ₹320, target ₹335, stop loss ₹315; and ✅Axis Bank: Buy at ₹962, target ₹980, stop loss ₹948.

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Govt deal in Vodafone wont take place until promoters infuse enough funds
Wed, Jan 4, 2023 7:19 AM

Govt deal in Vodafone wont take place until promoters infuse enough funds

A senior government official expressed that Vodafone's promoters are not interested in infusing adequate capital into the telco, making it unviable for the government to convert the accrued interest on deferred AGR dues into equity. Vodafone Plc of UK and the Aditya Birla Group - were willing to infuse around ₹2,000-3,000 crore in the telco, which is inadequate to revive the telco.

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Twitter to expand permitted political advertising
Wed, Jan 4, 2023 7:09 AM

Twitter to expand permitted political advertising

Twitter has decided to expand the types of political ads allowed on the social media platform. The move comes as a reversal of its 2019 policy of global ban on political ads, as the Elon Musk-owned company is eyeing o improve its revenue. The company tweeted it would also relax its advertising policy for "cause-based ads" in the United States.

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🎯Check out the buzzing stocks for today👉
Wed, Jan 4, 2023 7:00 AM

🎯Check out the buzzing stocks for today👉

✅Avenue Supermarts: It logged 25% YoY growth in revenue at Rs 11,305 crore in Q3FY23. ✅Vedanta: Alumina production at Lanjigarh refinery fell by 6% YoY to 443kt in Q3FY23 due to maintenance activities. ✅ RailTel Corporation: It won work orders worth Rs 186.19 crore from South Eastern Coalfields. ✅NTPC: It commissioned India's first green hydrogen blending project in NTPC Kawas township, Surat.

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Wall Street closes lower on the first trading day of 2023
Wed, Jan 4, 2023 6:44 AM

Wall Street closes lower on the first trading day of 2023

Wall Street's primary indexes closed lower on the first trading day of 2023, dragged by Tesla and Apple. This was noticed as investors became worried about the Fed's interest-rate hiking path as they awaited minutes from its December meeting. Dow jones fell 10.88 points, or 0.03%, to 33,136.37; S&P 500 lost 15.36 points, or 0.40%, to 3,824.14; and the Nasdaq tanked 79.50 points, or 0.76%.

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Rs 8,892 crore worth of loans assigned by HDFC in Q3
Wed, Jan 4, 2023 6:39 AM

Rs 8,892 crore worth of loans assigned by HDFC in Q3

HDFC Limited has assigned (sold) 19% more loans to the tune of Rs 8,892 crore in Q3FY23 in comparison to Rs 7,468 crore in the corresponding quarter of the previous year. The mortgage lender said, "All the loans assigned during the quarter ended December 31, 2022, were to HDFC Bank pursuant to the buyback option embedded in the home loan arrangement between the Corporation and HDFC Bank."

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Polygon is currently trading at $0.7784, down by 0.92% in the last 24hrs
Tue, Jan 3, 2023 10:10 PM

Polygon is currently trading at $0.7784, down by 0.92% in the last 24hrs

Polygon presently trades at $0.7784. In the last 24 hours, the coin decreased by 0.92% and is down by 3.61% in the last seven days. The 9th largest cryptocurrency by market cap has a 24-hour trading volume of $166 Million, which is a 7.36% increase in the last 24 hours. MATIC is currently moving in tandem with the rest of the market.

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S&P 500 gives up gain and slides as Apple and Tesla shares decline
Tue, Jan 3, 2023 9:55 PM

S&P 500 gives up gain and slides as Apple and Tesla shares decline

On Tuesday, Stocks wavered, giving up earlier gains, as concerns such as rising rates and high inflation. The S&P 500 fell 0.37%, slipping from highs of the day when December’s manufacturing index declined at the fastest pace since May 2020. The Dow Jones Industrial average lost 124 points, or 0.37%, and the Nasdaq Composite shed 0.84%. Shares of apple and Tesla both fell in the mid-market.

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Grayscale Ethereum trust discount reaches record 60%
Tue, Jan 3, 2023 9:49 PM

Grayscale Ethereum trust discount reaches record 60%

YCharts data shows that the Grayscale Ethereum Trust (ETHE) currently trades at a record-low discount of 59.39% relative to the price of Ethereum (ETH). ETHE, which is managed by Grayscale Capital, one of the biggest institutional investors in the cryptocurrency market, enables traditional investors to gain exposure to Ethereum without making their own cryptocurrency investments.

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Stocks to keep an eye on January 04
Tue, Jan 3, 2023 9:40 PM

Stocks to keep an eye on January 04

Watch out for these stocks in Wednesday’s trading session: 📌 Dabur India: The company acquired 51% equity shareholding of Badshah from its equity holders. 📌 UCO Bank: Shares soared and finished the session about 5% higher today. 📌 Larsen & Toubro: The Government of Madhya Pradesh has granted repeat orders to L&T Water & Effluent Treatment Business to manage two lift irrigation projects.

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This mid-cap company receives order worth Rs 95.38 crore
Tue, Jan 3, 2023 9:25 PM

This mid-cap company receives order worth Rs 95.38 crore

Recently, HFCL Ltd. and its material subsidiary, HTL Limited, received an order worth Rs 95.38 crore from Reliance Projects & Property Management Services Limited. Shares surged 2.65% from their previous closing of Rs 75.60 per share to the day’s high of Rs 77.60. The stock has a 52-week high of Rs 101.35, whereas the 52-week low is Rs 51.55.

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Top 10 chemical stocks that attracted investors with spectacular returns
Tue, Jan 3, 2023 9:05 PM

Top 10 chemical stocks that attracted investors with spectacular returns

List of the top 10 chemical sector multi-baggers that impressed investors with their outstanding returns: 📌 Advance Petrochemicals 📌 Gujchem Distillers India 📌 Lords Chloro Alkali 📌 Indokem Ltd 📌 Jyoti Resins & Adhesives 📌 Chemcrux Enterprises 📌 Refnol Resins & Chemicals 📌 Tinna Rubber & Infrastructure 📌 TGV SRACC Ltd 📌 Nitta Gelatin India

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