Stockarchitect
Asian shares up, dollar firms as rate cut wagers fade April 2nd, 2024 08:27
Data on Monday showed U.S. manufacturing grew for the first time in 1-1/2 years in March as production rebounded sharply and new orders increased, highlighting the strength of the economy and casting doubts on the timing of Fed rate cuts.

Stockarchitect
Xiaomi's stock jumps 16% after launch of electric car April 2nd, 2024 08:27
Xiaomi shares touched their highest since January 2022 on the first day of trading after the Easter holiday break and the first since it launched its first-ever vehicle.

Stockarchitect
Japan warns of action against excessive yen volatility April 2nd, 2024 08:27
Suzuki stopped short of threatening to take "decisive action" against excessive moves, language the minister used last week when the yen slumped to a 34-year low, suggesting officials are keeping their powder dry as they watch how currency moves play out.

Stockarchitect
Big movers on D-Street: What should investors do with Indus Towers, HAL and Prestige Estates? April 2nd, 2024 08:27
Stocks that were in focus included names like Indus Towers, which rose 8.26%, HAL, which jumped 2.2%, and Prestige Estates, whose shares gained 7% on Monday.

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India predicts searing heat in threat to lives, power supply April 2nd, 2024 08:27
Heat waves are expected for 10 to 20 days in different areas during the three-month period ending June 30, against a normal of four to eight days, Mrutyunjay Mohapatra, director general of the India Meteorological Department, said at a briefing in New Delhi on Monday.

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The first money task in the new financial year: Portfolio rebalancing April 2nd, 2024 08:27
The new financial year has started. Take a look at the year gone by, keep an eye out for new and emerging opportunities, and rebalance your equity–debt-gold split. But most importantly, do not speculate. Be disciplined.

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Adani Ports keeps brokerages bullish with strong FY24 volumes, stock commands 27.8% upside April 2nd, 2024 08:27
During FY24, more than one-fourth of all India cargo volumes was routed through APSEZ ports, said the firm in a filing with the bourses.

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Daily Voice: Here are Rajesh Bhatia#39;s 2 portfolio picks for FY25 April 2nd, 2024 08:27
The ITI Mutual Fund chief investment officer is also positive on NBFCs. Some of the non-banking firms have evolved through the years to make a niche for themselves with in terms of growth as well as asset quality, he says

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Xiaomi#39;s stock jumps 16% after launch of electric car April 2nd, 2024 08:27
Xiaomi shares touched their highest since January 2022 on the first day of trading after the Easter holiday break and the first since it launched its first-ever vehicle.

Stockarchitect
Stock Market Live Updates: Sensex, Nifty set to open higher, tracking Asian markets April 2nd, 2024 08:27
Sensex, Nifty, Share Prices LIVE: Indian shares are poised to open higher following record highs in the previous session, in line with Asian peers. The Gift Nifty was trading at 22,549, indicating a positive opening for the NSE Nifty 50. Both the Nifty 50 and BSE Sensex reached all-time highs on Monday, driven by a surge in metal companies after upbeat manufacturing data from China. The MSCI Asia ex-Japan index also rose 0.69%. However, Wall Street closed mixed as optimism over moderating inflation was offset by strong U.S. economic data. U.S. manufacturing grew for the first time in 1-1/2 years in March, weighing on hopes of a rate cut. Foreign portfolio investors sold Rs 522 crore of shares, while domestic institutional investors bought shares worth Rs 1,208 crore.

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