Climate change impacts - including harsher heat, drought and floods - pose a major emerging threat to food security in India and elsewhere, accelerating diverse efforts to introduce crops that are better able to withstand shifting conditions.
The Indian contingent at WTT Contender Lagos secured 9 medals, including 3 golds. Sreeja Akula made history by winning the singles title, defeating Ding Yijie 4-1. In women's singles, Ayhika and Suthirtha Mukherjee settled for bronze. Sreeja and Archana won the women's doubles, while Harmeet Desai and Manav Thakkar clinched the men's doubles gold. India also secured 2 medals in mixed doubles at the event held from June 19 to 23.
The NSE Nifty index was trading 85.35 points down at 23415.75
A total of 3,440 shares changed hands on the counter till 10:00AM (IST).
REC stock fell 17% from its June 2024 high but found support above the 50-DMA, indicating a potential bounce back. Short-term traders can consider buying for a target of 595. Technical expert insights suggest a positive trend ahead.
Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line.
MCX gold August futures fell by Rs 151 in June while silver MCX July futures dropped by Rs 6,390. Prices showed high volatility due to U.S. housing data and dollar index strength.
Adani Ports joins Sensex as Wipro exits. The inclusion of APSEZ brings $259 million in passive inflows. Seven stocks' weights to rise: Bharti Airtel, Infosys, Kotak Mahindra Bank, ICICI Bank, Tech Mahindra, Tata Steel, and IndusInd Bank.
A suspected Chinese state-sponsored hacking group, RedJuliett, has intensified its targeting of Taiwanese organisations, including government, education, technology, and diplomacy sectors, ahead of Taiwan's presidential elections in January. The cyberattacks were observed between November 2023 and April 2024. RedJuliett accessed servers via vulnerabilities in SoftEther enterprise VPN software. Recorded Future suggests that Chinese intelligence services in Fuzhou are likely behind the attacks to gather intelligence on Taiwan.
Indian market to trade lower with Nifty at 23460 levels. Chandan Taparia from Motilal Oswal Financial Services Limited provides F&O Strategy and expert stock recommendations with targets and stop loss levels.
The weakness was led by selling pressure in banks and metal stocks, while FMCG and consumer durables saw some buying amid sectoral rotation. IndusInd Bank fell around 3% and was the top loser in the Nifty pack, followed by 2% plus declines in Cipla, Tata Steel, and Adani Ports. On the other hand, defensives from pharma, FMCG, and IT - Sun Pharma, ITC, Nestle, TCS, and HUL - saw buying action.
The sinking of a coal-carrier by a sea drone near the Bab el-Mandeb chokepoint has raised navigation risks.
The first session of the 18th Lok Sabha begins today, with Opposition INDIA bloc MPs showing unity by entering together. Newly elected MPs, including Prime Minister Modi, will take the oath, and the session is expected to be contentious with discussions on various issues. The Lok Sabha Speaker election is set for June 26.
Momentum stock are getting back their mojo
The India Meteorological Department forecasts light to moderate rainfall across various regions, with isolated thunderstorms and gusty winds, over the next few hours, providing relief from heatwaves. Heavy showers are expected in West Madhya Pradesh, Gujarat, and the Andaman and Nicobar Islands. Delhi also experienced rainfall, easing its record-high power demand amid the heatwave.
One individual was arrested in Lahore on charges of smuggling people out of the country, as reported by ARY News. The Federal Investigation Agency (FIA) Anti-Human Trafficking Circle conducted the arrest of Azhar on Sunday and recovered seven Pakistani passports, six Computerised National Identity Cards (CNIC), and counterfeit stamps from him. Legal proceedings have commenced against the suspect.
Prince Pipes & Fittings Ltd., incorporated in the year 1987, is a Small Cap company (having a market cap of Rs 7652.49 Crore) operating in Plastics sector.
External Affairs Minister S Jaishankar held "productive and deep" discussions with UAE counterpart Abdullah bin Zayed Al Nahyan on India and UAE's "ever-growing" strategic ties. They discussed regional and global issues, emphasizing the significance of their Comprehensive Strategic Partnership. Jaishankar visited the BAPS Hindu Mandir in Abu Dhabi, calling it a symbol of India-UAE friendship, and participated in the 10th International Yoga Day celebrations at the Louvre Abu Dhabi museum.
Rates from Shanghai to Los Angeles have risen for seven weeks, reflecting the balance of supply and demand in the container market.
JK Lakshmi Cement Ltd., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 9771.32 Crore) operating in Cement sector.
A CBI team is set to visit Patna on Monday to investigate the NEET-UG paper leak case. They are likely to take those arrested to Delhi for questioning. 18 people have been arrested by the Bihar Police's EOU so far. The CBI will collect evidence from the EOU, which had been handling the case until the federal agency took over following a probe order from the Education Ministry.
China and the European Commission plan talks to address proposed tariffs on Chinese-made electric vehicles entering the EU, potentially easing tensions. The EU intends to impose provisional duties on these vehicles, ranging from 17.4% to 38.1%, with the deadline set for July 4. Negotiations between the EU and China are expected, with stakeholders having until July 18 to provide feedback. The Commission will publish its findings by July 4, and decisions on provisional duties will follow.
PCBL Ltd. key Products/Revenue Segments include Carbon Black, Power, Export Incentives and Scrap for the year ending 31-Mar-2023.
Taiwan's President Lai Ching-te has rebuked China's recent warning that "diehard" supporters of Taiwanese independence could face the death penalty, stating that China "has no right to punish" Taiwanese people for their views. Lai emphasized that democracy should not be equated with crime, and that China should engage in dialogue with Taiwan's democratically elected government instead of pursuing punitive measures. The comments come amidst heightened tensions between China and Taiwan, with Beijing... Читать дальше...
