Stanley Lifestyles' successful IPO debut and premium listing reflect its position as a leading luxury furniture brand. With strong financial backing and strategic partnerships, the company is poised for significant growth in the upscale furniture market.
On the technical charts, the RSI of the stock stood at 53.06.
Page Industries Ltd breaks out from a consolidation phase, supported by key technical indicators, suggesting a bullish trend ahead with targets set at 43000-46000. Traders can consider accumulating the stock within a specified range for potential gains.
Amid heightened security measures, Amarnath Yatra 2024 begins with the first batch setting off under the vigilant eye of authorities. Pilgrims can expect a journey enriched with spiritual blessings and essential facilities for a fulfilling experience.
Revenue rose 2.3 times to Rs 300 crore from Rs 130 crore in FY22, the filings with the Ministry of Corporate Affairs showed. The privately held company has yet to report results for the fiscal year through March 2024.
Before the monsoon declaration, Delhi-NCR faced heavy rain. The Safdarjung Observatory recorded 154 mm of rain. A roof collapse at Terminal 1 led to a temperature drop to 35.4 °C, disrupting flight departures.
The bonds have a call option at the end of five years. Here is the list of deals reported so far:
Select stocks are clearly showing that they are making a comeback attempt.
A massive fire broke out in a factory in the Okhla Phase 2 area of the national capital early Friday. Fire department officials and fire tenders arrived promptly after receiving the information.
The market showcases strong performance in diverse segments, with small-cap, mid-cap, and micro-cap stocks leading the positive momentum. Sectors like metal, pharma, and PSU banks also demonstrate resilience, marking a significant uptick in trading values amid the current market scenario.
The 30-stock S&P BSE Sensex reached a new high of 79,396.03 before closing at 79,278.78, up by 604.53 points or 0.77%. Meanwhile, the broader Nifty crossed the 24,000 mark for the first time, hitting a record high of 24,087.45 before ending the day at 24,044.50, gaining 175.70 points or 0.74%.
Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, flagged off the first batch of Amarnath Yatra pilgrims from the Jammu base camp on Friday morning. Prior to the flag-off, he offered prayers at the temple.
During a presidential debate at CNN headquarters, Donald Trump accused US President Joe Biden of siding with Palestinians by allegedly refusing to help Israel "finish the job" against Hamas. Trump claimed Biden has become like a weak Palestinian. Biden defended his economic record and criticized Trump, but struggled with his delivery. The debate highlighted their stark differences on issues like abortion, the economy, and foreign policy.
According to data from stockedge.com on June 27, four stocks in the large-cap category were identified in the RSI Trending Up scan.
Bharti Airtel announced on Friday that it will raise tariffs for all its prepaid and postpaid users starting July 3. This move follows a similar hike by rival Reliance Jio, which increased its rates by 12-15%. The primary objective of these changes is to improve the average revenue per user (ARPU).
The stock then took support around the level of 3,650, from where it resumed the journey upwards and following a brief consolidation of a few sessions, the stock showed strength as a strong bullish candle was formed on Thursday.
Nearly 200 individuals have been charged in a nationwide operation investigating false health care claims amounting to approximately USD 2.75 billion in losses, according to information from the Department of Justice reported by The Hill on Thursday. The DOJ's 2024 National Health Care Fraud Enforcement Action has led to charges against 193 defendants, including 76 doctors, nurse practitioners, and other licensed medical professionals across 32 federal districts in the country.
India's Global Capability Centres are poised for substantial growth, with a projected 2% GDP contribution by 2030. These hubs are evolving into innovation powerhouses, driving cutting-edge projects for global companies across diverse sectors, showcasing India's transformation into a high-value destination for strategic business operations.
According to technical scan data from stockedge.com, on June 27, the closing prices of three stocks in Nifty200 fell more than 1% below the VWAP.
Unbeaten throughout almost a month of cricket across the USA and the Caribbean, India and South Africa will face off at the Kensington Oval on Saturday in the T20 World Cup final both looking to end long waits for glory. India crushed defending champions England by 68 runs in Guyana on Thursday, the day after South Africa thrashed Afghanistan by nine wickets in Trinidad to end a long and agonising wait for a title game.
Other than valuations which seem to provide some sort of caution, volatility has come off very significantly post elections. All the macro data points around India are very robust. From a macro perspective, there are no major red flags. We are not seeing any major systemic risk for Indian equities as well andit is very clear that this is still a broad-based bull market, Siddharth Vora.
Emkay has initiated a buy rating on Man Industries with a target price of Rs 500, indicating a 26% upside from the current price of Rs 394.
U.S. Deputy Secretary of State Kurt Campbell expressed concerns over China's "destabilizing actions in the South China Sea" during a call with China's Vice Foreign Minister Ma Zhaoxu on Thursday, according to the State Department. Campbell emphasized the stability of U.S. alliances in the region.
Virat Kohli's struggles in the T20 World Cup continued with another single-digit score, dismissed for 9 against England in the semifinal in Guyana. Post-match, Indian skipper Rohit Sharma supported Kohli, emphasizing his quality and importance in big games. Despite his poor form, Sharma remains confident in Kohli for the final, highlighting his 15 years of experience.
The Chinese Communist Party has expelled two former defense ministers, Li Shangfu and Wei Fenghe, in an anti-corruption crackdown. This move follows Li's disappearance last year and comes amid rising tensions between China and the United States over Taiwan.
