Nafed to launch e-auction portal for selling agri-commodities
Agri-cooperative major national agricultural cooperative marketing federation (Nafed), the government’s biggest procurement agency for oilseeds and pulses, will soon launch its e-auction portal for selling agricultural commodities in the market.
The portal ‘Nafex.in‘ will also consider allowing state level federation of cooperatives and agencies to conduct their e-auction on the platform to be launched soon by Nafed.
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Read MoreIs Wall Street Bullish or Bearish on Charles Schwab Stock?
The Charles Schwab Corporation (SCHW), headquartered in Westlake, Texas, operates as a savings and loan holding company. With a market cap of $171.6 billion, the company provides wealth and asset management, securities brokerage, banking, trading and research, custody, and financial advisory services.
Shares of this leading financial services firm have outperformed the broader market over the past year.
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Read MoreUS: Wall Street tumbles after big banks flag pullback risk
[NEW YORK] Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street banks warned of a stock market selloff, while AI favourite Palantir’s sales forecast failed to impress investors.
The Dow Jones Industrial Average fell 188.6 points, or 0.40 per cent,
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Read MoreUS Stock Market Today: S&P 500 Rises 0.6% & NASDAQ Soars 0.9% After Tech Sell-Off as December Rate Cut Speculation Grows
Encouraging private-sector data further supported the market’s upward movement on Wednesday. ADP Research reported an increase of 42,000 jobs in October, following a revised decline of 29,000 jobs in September.
This positive labor market data further fueled speculation that the Federal Reserve may consider cutting interest rates in December.
Read MoreThe Burst
Why This Insurance Giant’s Stock Dip Could Be a Buying Gift
Shares of insurance giant Progressive (NYSE:PGR) have fallen considerably over the last week, moving away from their 52-week high of $292.
The stock’s quick price drop came despite strong ongoing performance at Progressive. Why did Progressive stock go down, and is now a good time to buy the stock while its prices are still lower?
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Read MoreThe Ivy
Why Stanley Druckenmiller Dumped AI Darling Palantir
Stanley Druckenmiller who famously helped George Soros break the Bank of England in 1992 has just ditched one of Wall Street’s most hyped artificial intelligence (AI) stocks.
So, what did he sell? Palantir Technologies (NYSE: PLTR). While most investors were busy chasing the AI boom, Druckenmiller was building a large position in a drugmaker.
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Read MoreThe Spotlight
How Do You Pick a Winning Stock?
Investors will often pour through dozens or even hundreds of stocks looking for the best investment options to add to their portfolios. Before doing this, however, it’s important to first understand what a good stock is.
Let’s take a look at some of the factors that define a good investment to understand what makes a potentially lucrative stock.