US weighs sanctioning Huawei’s secretive Chinese chip network

US weighs sanctioning Huawei’s secretive Chinese chip network

The Biden administration is considering blacklisting a number of Chinese semiconductor firms linked to Huawei Technologies Co. after the telecom giant notched a significant technological breakthrough last year, people familiar with the matter said. Such a move would mark another escalation in a US campaign to ringfence and curtail Beijing’s AI and semiconductor ambitions. It … Read more

Learn With ETMarkets: Role of economic indicators in stock market analysis

Learn With ETMarkets: Role of economic indicators in stock market analysis

It’s worth pondering why stock prices fluctuate daily despite companies announcing their financial results quarterly. Alongside corporate announcements, macroeconomic factors and indicators significantly influence stock markets. Let’s delve into their role. Which major indicators affect the stock market?Monetary Policy Monetary policy, managed by a country’s Central Bank, balances economic growth and inflation by adjusting interest … Read more

Reliance, HDFC Bank poised to drive market; 2 auto ancillary stocks to go up 30% over next year : Sanjiv Bhasin

Reliance, HDFC Bank poised to drive market; 2 auto ancillary stocks to go up 30% over next year : Sanjiv Bhasin

Sanjiv Bhasin, Director, IIFL Securities, says “Reliance and HDFC Bank are poised to drive this market higher. Crude being where it is, you can add a lot of the tyre, paint stocks, so there are enough legs to put the market higher. Bank Nifty may take a day or so of consolidation. But all dips … Read more

Samvat 2080: 5 market mavens share money-making mantra for the new year

Samvat 2080: 5 market mavens share money-making mantra for the new year

After the market climbed walls of worries posed by two wars, a slowing global economy and higher for longer interest rates in Samvat 2079, market insiders expect strong earnings and a healthy economic outlook to support gains in Samvat 2080. The Hindu accounting year began with an upgrade from global brokerage Goldman Sachs which said … Read more

Nifty may see modest rebound, support at 18,888: Analysts

Nifty may see modest rebound, support at 18,888: Analysts

Technical indicators suggest a minor oversold condition, potentially leading to a modest rebound this week. However, the overall upward potential appears limited due to the prevailing negative structure with Nifty trading below its 20- and 50-day moving averages, according to technical analysts. Stocks such as Persistent, Axis Bank, TCS, RIL, SBI Cards, Birla Soft, Canara … Read more

Western sanctions haven’t curbed Russian oil profits, but the green energy transition could

Western sanctions haven’t curbed Russian oil profits, but the green energy transition could

Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The idea was to curtail the amount Russia makes from its oil while ensuring it continues to flow into the global market to reduce price pressures … Read more

Reliance Retail Ventures gets Rs 2,000 crore from KKR

Reliance Retail Ventures gets Rs 2,000 crore from KKR

Global investment firm KKR is investing another ₹2,069.5 crore through an affiliate in Reliance Retail Ventures (RRVL), holding company for the retail businesses of Reliance Industries (RIL). KKR’s follow-on investment will translate into an additional equity stake of 0.25% in RRVL, according to a press release issued on Monday, which added that this takes the … Read more

Reliance scholarships for undergraduate students

Reliance scholarships for undergraduate students

The Reliance Foundation Scholarships programme has opened applications to award 5,000 undergraduate scholarships for the academic year 2023-24. Applications are open until 15 October 2023 to all first-year regular undergraduate students across all branches of study. Students are selected based on a merit-cum-means criteria for undergraduate college education, to continue their studies without financial burden, … Read more