The Nifty Pharma index was trading 0.64 per cent up at 19913.35.
Bansal Wire's IPO offers 2.19 crore shares, closing on July 5. Analysts recommend high-risk investors consider the IPO at a P/E ratio of 41.41x. The company plans to use funds for debt repayment, with a price band of Rs 243-256 per share.
Satnam Singh was abandoned by his employer after a strawberry wrapping machine severed his arm in Lazio, near Rome, last month and died due to "copious bleeding", the ANSA news agency reported.
Indian Navy Chief Admiral Dinesh K Tripathi met Bangladesh's Prime Minister Sheikh Hasina during his visit, discussing India's support in Bangladesh's 1971 Liberation War. The visit aims to strengthen defense ties and explore naval cooperation. Admiral Tripathi will also meet Bangladesh Navy Chief Admiral M Nazmul Hassan and review a Passing Out Parade at the Bangladesh Naval Academy. The meeting reflects the deep partnership and historical bonds between the two nations, highlighted by recent high-level defense exchanges.
China's petrochemical sector grapples with overcapacity as polyester products exports increase, straining global trade relations.
On July 2, the closing prices of four stocks in the Nifty500 pack rose by more than 1.5% compared to the Volume Weighted Average Price (VWAP).
A stampede at a religious congregation in Hathras, Uttar Pradesh, has resulted in 121 deaths and 28 injuries. Police are searching for the preacher, Bhole Baba, and have filed an FIR against the event organizers. Eyewitnesses described the chaos, and Chief Minister Yogi Adityanath has vowed a thorough investigation, forming a team to determine the cause and ensure justice.
Magic, a U.S. startup, is raising $200 million for AI software development without revenue. Investors are funding coding assistants like GitHub Copilot. Paris-based Poolside AI also trains large language models. Magic's unique design surpasses transformer models, focusing on long-context windows for data processing.
On July 2, the closing prices of four stocks in the Nifty500 pack fell by more than 2% compared to the Volume Weighted Average Price (VWAP).
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 296488.86 Crore) operating in Mining sector.
U.S. venture capital funding surged to $55.6 billion in Q2, driven by AI investments. Emerging VC fund managers faced pressure as large firms like Andreessen Horowitz led fundraising efforts.
Emcure Pharmaceuticals IPO, with marquee investors like Goldman Sachs, offers a fresh equity issuance and OFS. Namita Thapar to earn Rs 127 crore through the stake sale. The company targets debt repayment and global expansion.
Indian market soared to all-time high with HDFC Bank surge propelling Sensex past 80,000 and Nifty nearing 24,300. Kotak Mahindra, JSW Steel, PFC, REC, Auto also showed significant gains in the bullish market.
A short-seller's report targeting Adani Group led to a $153 billion market value drop. The investigation involved a hedge fund, regulator, and a big Indian bank. US regulators scrutinized hedge fund collaborations and short-selling's impact on market efficiency.
The IMD had issued a 'red alert' for several districts in the state predicting extremely heavy rain in Surat, Navsari, and Valsad in south Gujarat, as well as Jamnagar, Porbandar, Junagadh, Dwarka, and Kutch in the Saurashtra-Kutch region.
LTIMindtree Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 162404.15 Crore) operating in IT Software sector.
Tech Mahindra Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 142899.77 Crore) operating in IT Software sector.
Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 669451.90 Crore) operating in IT Software sector.
HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 401839.53 Crore) operating in IT Software sector.
Like many people his age, Biden, 81, has long experienced instances in which he mangled a sentence, forgot a name or mixed up a few facts, even though he could be sharp and engaged most of the time. But in interviews, people in the room with him more recently said that the lapses seemed to be growing more frequent, more pronounced and more worrisome.
Andhra Paper Ltd., incorporated in the year 1964, is a Small Cap company (having a market cap of Rs 2457.39 Crore) operating in Paper sector
India's National Quantum Mission sets ambitious goals to develop intermediate-scale quantum computers and secure quantum communications, showcasing the country's dedication to advancing quantum technology. By 2030-31, the mission aims to achieve significant milestones in quantum technology, highlighting India's emergence as a key player in the global quantum research landscape.
The Indian market is expected to open higher on Wednesday, following positive global cues. On Tuesday, the Nifty futures closed marginally higher, gaining 0.02% to reach 24,210 levels. The India VIX decreased by 1.14% from 13.83 to 13.67 levels.
During a campaign event in McLean, Virginia, U.S. President Joe Biden admitted that his performance in last Thursday's presidential debate against former President Donald Trump was not his best, attributing it to jet lag from two overseas trips earlier in June. Biden had traveled to France and Italy, crossing multiple time zones before returning to the U.S. for the debate. Despite this, a recent Reuters/Ipsos poll indicates Biden's support remains steady, with one in three Democrats suggesting he should end his reelection bid. Читать дальше...
