Latest Stock Market News

The second largest cryptocurrency, Ethereum, has been changing hands above the $1,300 level. Ethereum has been experiencing the heat of macroeconomic factors post the Merge. If Ethereum can close the week by trading above the $1,400 level, we might see an upward trend in the coming week.

The indicator is a measure of the difference between a company’s fixed and variable costs. It can turn negative in the wake of peak inflation when some of a company’s costs remain high but isn’t able to offset them by raising prices because demand has faltered.

Due to short covering moves seen post September settlement, the futures open interest has been relatively lower in Bank Nifty and fresh shorts were not seen during the week. However, stock specific significant activities were observed ahead of result season and major Call writing positions are visible among PSU stocks and we may see limited upsides in this pack.

Second-quarter earnings will be led by the banking and finance, consumer, and automobile sectors and dragged down by commodity sectors such as metals and oil and gas, said Gautam Duggad, institutional research head at Motilal Oswal Financial Services.

The US Federal Reserve will release its minutes of meeting for the last meeting on Wednesday, when it announced a rate hike of 75 basis points. Markets will be looking at the commentary from the Fed members in order to tame the rising inflationary pressure.

Consider having some exposure to international funds once your domestic MF portfolio is well-diversified. Ideally an average investor should take 5% to 10% exposure to international funds.

We are one of the biggest importers of defence equipment and the government is very clear of going atmanirbhar on this of self-reliance.

Tracxn Technologies aims to raise Rs 309.38 crore via its initial stake sale, which is entirely an offer for sale (OFS) of up to 3.86,72,208 equity shares with a face value of Re 1 each by the promoters and existing shareholders of the company.

Ravana’s ten heads represent his ten different qualities. Today, we will concentrate on those qualities that might be inside ourselves, causing us to lose capital. Each quality has a role to play and provides us with many invaluable financial lessons in life.

RBI also expressed concern about the popularity of cryptocurrency in recent years. The proliferation of crypto assets can pose significant risks related to money laundering and financing of terrorism, the central bank fears.