After closing the previous week with a 0.75% gain, Nifty has maintained a narrow range of 23,200-23,500. A breakout above 23,600 could spur the index towards 24,000, contingent on developments surrounding the Union Budget and ministries' 100-day plans. However, recent Nifty movements indicate a likely period of consolidation
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Newly elected SP MP R K Chaudhary criticizes BSP chief Mayawati for neglecting the Bahujan movement, leading to BSP's defeat. SP under Akhilesh Yadav aims for social equality for backward castes with 'PDA' slogan.
Market volatility unnerves investors who may panic, leading to hasty decisions and missed opportunities, such as during India's recent election results. Despite a sharp initial drop, equity markets rebounded to all-time highs soon after. Mastering market fluctuations is crucial for long-term financial security.
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In Mandla, Madhya Pradesh, authorities demolished houses of 11 individuals built on government land after discovering illegal beef trade. Police, acting on a tip-off, found 150 cows and beef in their homes. An FIR was filed, one arrest made, and remaining suspects are being sought. The local veterinarian confirmed the seized meat as beef, and the cows were relocated to a shelter.
Two Rajkot Municipal Corporation (RMC) employees were arrested for altering documents related to the TRP game zone, where a fire last month claimed 27 lives. This brings the total arrests to 12, including six government officials. Assistant Town Planning Officer Rajesh Makwana and Assistant Engineer Jaideep Chaudhary are accused of forging records post-incident. The fire, which lacked a No Objection Certificate from the fire department, led to the sealing of several game zones and recreation hubs across Gujarat.
Pilgrims in Saudi Arabia participate in the symbolic stoning of the devil as part of the Hajj pilgrimage, marking the start of Eid al-Adha celebrations at Mount Ararat.
With the absence of any major immediate domestic trigger in sight, investors would focus on global trends and trading activity of foreign investors for further cues in a holiday-shortened week ahead, analysts said. Movement of global oil benchmark Brent crude and rupee-dollar trend would also guide the market.
Astrologer Kushal Kumar, dubbed the 'New Nostradamus,' has raised concerns with his prediction of World War 3 potentially starting within 48 hours, pointing to recent global events. Despite previous predictions missing the mark, Kumar warns of significant planetary alignments on June 18, 2024, that could trigger a global conflict. While his prediction has sparked alarm, officials stress the importance of diplomatic solutions. The situation serves as a reminder of the need for peaceful resolutions amid escalating tensions.
Taiwan's President Lai Ching-te emphasizes Taiwan's sovereignty against China's annexation ambitions during a military academy speech. Lai, facing Chinese opposition since taking office, calls for resilience and self-determination amidst Beijing's military maneuvers and reunification rhetoric. He asserts Taiwan's independence and readiness to defend against aggression, urging cadets to understand the geopolitical stakes.
Godavari Biorefineries plans to utilize the net proceeds from the IPO to fund the repayment or pre-payment, in full or in part, of certain outstanding borrowings amounting to Rs 240 crore. The remaining amount will be used for general corporate purposes.
Federal Reserve officials expect only one interest-rate cut this year, while the Bank of Japan delays details on bond buying. Far-right parties in Europe influence elections and impact the euro's value.
The Israeli military has announced a "tactical pause" in its offensive in southern Gaza to facilitate increased humanitarian aid deliveries, with daily pauses from 8 a.m. to 7 p.m. The move aims to improve access for aid trucks to reach Kerem Shalom crossing and distribute supplies across Gaza. The pause is coordinated with the U.N. and aid agencies to address the growing humanitarian crisis in the region.
Over the span of five trading sessions concluding on June 14, the Sensex benchmark index increased by approximately 0.39%, reaching a closing figure of 76,992. This rise occurred during three out of the five sessions.
An analysis by ETMarkets of BSE-listed stocks with a market capitalization exceeding Rs 5000 crore shows that, during the recent three sessions (June 12-14), eight stocks consistently demonstrated rises in their prices, trading volumes, and delivery volumes.
Australia secured a hard-fought five-wicket win against Scotland in St Lucia, ending Scotland's hopes in the Twenty20 World Cup and advancing England to the Super Eight stage. Scotland needed a draw, a washout, or a first-ever win over Australia to progress but fell short despite a competitive total of 180-5, with Brandon McMullen scoring 60 and Richie Berrington unbeaten on 42. Australia, already qualified, struggled initially but Travis Head's 68 and Marcus Stoinis's 59 steered them to victory.
Assam Chief Minister Himanta Biswa Sarma convened a meeting at Kaziranga to ensure the safety of animals, especially during the flood season. He deployed three new commando battalions to prevent animal accidents and poaching. Additionally, around 600 personnel from a new forest battalion will be deployed. Sarma also addressed the loss of land due to river water flow and announced the formation of a joint task force to study and recommend solutions for soil erosion. To enhance vigilance, 20 marine engine boats will be used... Читать дальше...
"AIADMK's decision to boycott the Vikravandi by-election is clear evidence that it has received instructions from the 'top' to facilitate the electoral chances of the NDA candidate (PMK). Both the BJP and AIADMK are fighting the battle through a proxy (PMK). The INDIA bloc must ensure the resounding victory of the DMK candidate," Chidambaram said.
The Maharashtra Common Entrance Test (CET) Cell is set to announce the Maharashtra Common Entrance Test (MHT CET) 2024 results for both PCM and PCB streams today, June 16. Candidates can check their results on the official website and download their scorecards. The results will facilitate admission to engineering and other courses for qualified candidates.
India's largest public issue will be an offer-for-sale (OFS) of up to 142.2 million shares, or a 17.5% stake, by South Korean parent Hyundai Motor Co.
Ahead of the festivals of Bakrid and Jyeshtha Ganga Dussehra, Noida and Greater Noida police are implementing Section 144 of the CrPC from Sunday to Wednesday to ensure peace. The order prohibits public prayers, processions, and other religious events without special permission. Additional DCP Hirdesh Katheriya cited the need for these measures due to potential disruptions by anti-social elements. Restrictions include limitations on large assemblies, drone use near government offices, and loudspeakers. Читать дальше...
A deadly outbreak of Streptococcal toxic shock syndrome (STSS) in Japan has raised concerns as cases approach 1,000, surpassing last year's total. The disease, caused by a 'flesh-eating bacteria,' has a mortality rate of 30% and can be fatal within 48 hours. Symptoms include fever, muscle aches, and organ failure. Preventive measures include good hygiene and prompt treatment. Similar outbreaks have been reported in Europe. Vigilance and early treatment are crucial to combat this severe illness.
