Panic selling is a phenomenon where investors, gripped by fear, rush to sell their holdings during a market decline. The fear of further losses and erosion of gains in profitable stocks can overwhelm even long-term investors, leading to hasty decisions that may not align with their financial goals.
The World Cricketers Association survey highlights a shifting trend towards the T20 World Cup among players, with significant changes in preferences observed from the ODI World Cup. The survey reflects the evolving landscape of cricket, with a diverse range of players contributing to the changing dynamics of ICC events.
India vs SA T20 World Cup 2024 Final Barbados: India will face South Africa in the T20 World Cup final on Saturday, June 29, at the Kensington Oval in Barbados. Both teams have shown exceptional performances throughout the tournament. The pitch at Kensington Oval favors pace bowlers, and winning the toss has historically been advantageous. India and South Africa, each with strong squads, will compete for the prestigious title.
The Uttar Pradesh government has taken action against six officials from civic agencies due to their negligence, following incidents of road cave-ins and waterlogging along the newly-built Ram Path in Ayodhya. After heavy rains on June 23 and June 25, approximately 15 bylanes and streets adjacent to the Ram Path were flooded, affecting homes as well. Sections of the 14-kilometre road also collapsed in more than a dozen places.
New NPS rules: The new NPS contribution timeline allowing for same-day investment will come into force on July 1, 2024, as per a circular issued by PFRDA on June 28, 2024.
The Securities and Exchange Board of India (Sebi) has approved finfluencer norms, prohibiting regulated entities like brokers from dealing with them. Under the norms, the Sebi regulated entities and their agents are barred from having any association directly or indirectly with any other person who provides advice or recommendation in respect to securities
Former cricketer Mohammad Kaif believes Virat Kohli has the potential to shine in the T20 World Cup final between India and South Africa, despite his recent sluggish form in the tournament . Kaif drew parallels to MS Dhoni's heroics in the 2011 ODI World Cup final and Kohli's century in the 2023 ODI World Cup. Kaif emphasised on Kohli's ability to turn the tables in the crucial match at Kensington Oval on Saturday.
Rajya Sabha Leader of Opposition and Congress president Mallikarjun Kharge accused Prime Minister Narendra Modi of not reflecting on the message sent by voters in the recent parliamentary elections. Kharge highlighted an editorial by Congress leader Sonia Gandhi in a leading English daily on Saturday.
West Bengal Governor CV Ananda Bose filed a defamation case against Chief Minister Mamata Banerjee and certain TMC leaders at the Calcutta High Court. This action came in response to Banerjee's statement claiming that women had expressed fear about visiting Raj Bhavan due to alleged incidents there.
Launched in 2019, Walmart's supplier development program has helped over 50,000 MSMEs get access to tools and mentorship for business growth.
AAP plans to stage a protest at the BJP headquarters in Delhi against the arrest of Chief Minister Arvind Kejriwal in a money-laundering case linked to the liquor policy. However, Delhi Police stated that AAP did not obtain permission for the demonstration. Security measures, including barricades and paramilitary deployment, are in place at DDU Marg. Police warned of potential detentions under Section 144 CrPC due to the unauthorized protest. AAP alleges Kejriwal's arrest by CBI and ED is unjust... Читать дальше...
Fashion and jewellery retailers are optimistic about increased demand during festivals and the wedding season in the latter half of the year. A good monsoon is expected to boost consumption among those in the agrarian sector. The mass segment suffering due to cautious spending behaviors. Retailers are concerned about flat demand growth and are closely monitoring the upcoming Union Budget for industry implications.
Reliance Jio and Airtel are preparing to raise tariffs from July 3, 2024, prompting prepaid users to recharge before this date to avoid higher costs. Postpaid users will face immediate price adjustments. The goal is to increase Average Revenue per User (ARPU) for both telecom giants, affecting millions of subscribers across India.
An accident on the Mumbai-Nagpur Expressway led to casualties from Mumbai and Buldhana district. Victims were treated at hospitals, and the Samruddhi Highway's phase connecting Nagpur to Shirdi was inaugurated in December 2022.
Apart from the above 3 public offers, the Street will see as many 11 listings including that of Allied Blenders and Vraj Iron and Steel, which received healthy investors' response for their IPOs in the week gone by.
Dispiriting trends that have been visible for months now alongside the frenzy for megacap tech stocks and private credit – are on display yet again. Companies with dicey balance sheets have underperformed anew in June. Equal-weighted stock benchmarks where disruptive AI market leaders have the same weighting as industrial bellwethers have lagged yet again.
Income tax Budget 2024 expectations: A notable percentage of taxpayers in India are senior citizens since they receive income, frequently through passive means. ET Wealth Online interviewed three specialists to discuss senior citizens' expectations for the forthcoming Union Budget 2024.
Parts of Delhi experienced rainfall on Saturday following the arrival of the monsoon in the capital, with Rohini and Burari among the areas affected; the India Meteorological Department predicted heavy rain and cloudy skies throughout the day, with a minimum temperature of 28 degrees Celsius and a maximum around 32 degrees Celsius, while the Air Quality Index was in the 'moderate' category at 108, after Friday's record-breaking 228.1 mm rainfall and tragic incidents.
The India Cements was the top gainer in this pack with nearly 44% return, followed by Amara Raja Energy (41%), JK Paper (40.5%), and V Mart Retail (40.5%).
President Joe Biden faced anxieties over his debate performance against Donald Trump. There are concerns raised about his age and readiness to lead for another term, prompting discussions of a potential replacement. Despite acknowledging his debate shortcomings, Biden emphasised his ability to lead and criticised Trump's campaign tactics. Democratic leaders stood by Biden, urging focus on Trump's falsehoods and attacks. The party aimed to reassure supporters and maintain momentum for the upcoming election.
India Ratings has forecasted a 15.4% loan growth for banks in FY25. The rating agency believes a turnaround in private capital expenditure could alleviate any pressure on overall credit growth during the fiscal year.
Officials have repeatedly hinted that the Starliner, which faced issues with helium leaks and thruster outages heading to the International Space Station in early June, will be safe to bring astronauts Suni Williams and Butch Wilmore home.
Retail traders were responsible for 18.3% of the total options activity in June, a record, the bank’s strategists led by Bram Kaplan wrote Friday in a note to clients on Friday. More than 60% of their orders were for contracts expiring a week out or less, with technology options being of the highest demand among single-stock trades.
A deadly roof collapse at India’s busiest airport adds to a series of recent infrastructure disasters, raising safety concerns as PM Narendra Modi invests billions in transportation improvements. The incident at Delhi’s airport highlights issues with quality and maintenance in the country’s infrastructure development push.
