Jason Starr of Globe Electric witnesses rising container rates akin to the pandemic crisis and Nomura economists warn of inflation.
As of 31-Mar-2024, promoters held 59.35 per cent stake in the company, while FIIs held 25.54 per cent and domestic institutional investors had 3.12 per cent.
As your body becomes dehydrated, it tries to conserve fluids. This can lead to less frequent urination and darker colored urine.
The Nifty Auto index was trading 0.45 per cent down at 25368.15.
The gold trade is looking forward to the upcoming budget for measures to boost retail consumption and address issues like gold smuggling. Industry leaders are urging the government to reduce import duties on precious metals and revise the PAN card limit. Expectations include duty drawback on exports to enhance competitiveness and support growth in the jewellery retail sector.
Secret Service Director Kimberly Cheatle will testify before the U.S. House Oversight Committee on July 22 regarding the shooting of former President Donald Trump at a rally. The incident has prompted scrutiny of security measures and an FBI investigation into the incident as an assassination attempt. The shooting, where Trump sustained a minor injury, has sparked concerns about access to the event and raised questions about the Secret Service's response.
As of 30-Jun-2024, promoters held 68.6 per cent stake in the company, while FIIs held 7.28 per cent and domestic institutional investors had 5.44 per cent.
Star Health stock fell over 30% from Rs 940 but shows reversal signs targeting Rs 760. It frequently found support at Rs 470-500, evidenced by Bullish Engulfing, Harami, and Hammer candlestick patterns, along with Doji patterns. RSI trends positively above July 2023 figures, indicating buyer reentry.
The 30-share BSE Sensex was up 126.23 points at 80842.78
A recent survey by Great Learning reveals that half of organizations in India plan to upskill their employees in generative artificial intelligence (Gen AI) by the end of FY25. The study involved over 100 organisations with 10,000 to 15,000 employees, spanning various sectors. Enterprises aim to extend Gen AI training to diverse roles like HR, operations, marketing, and customer service. The focus includes foundational literacy, strategic decision-making skills, and advanced technical training across different organisational levels.
Mumbai experiences heavy rains leading to waterlogging in several areas. Locals report traffic slowdowns while authorities claim no waterlogging. Trains operating as usual with minor delays. Buses unaffected. IMD predicts more rain ahead with high tides in the Arabian Sea. Stay informed for any travel disruptions.
Nelson Mandela International Day 2024: Every year on July 18th, the world celebrates Nelson Mandela's life and contributions to human rights. Mandela, South Africa's first democratically elected president, dedicated his life to promoting unity and justice. His legacy inspires people worldwide to strive for equality and peace.
Electronics industry body says government should prioritise domestic manufacturing to achieve Atmanirbhar Bharat goals, and introduce policies to spur innovation and R&D.
As of July 16, there was a significant rise in futures open interest for seven stocks in the NSE F&O segment, collectively increasing open interest by more than 10% compared to the previous trading session.
Aurobindo Pharma announced on Thursday that its board has approved a buyback of 51.37 lakh shares at Rs 1,460 per share, marking a 6.4% premium over Tuesday's closing price. The record date for the Rs 750 crore share buyback scheme, conducted via the tender offer route, is set for July 30.
Rail stocks soared post interim Budget with Nirmala Sitharaman's increased allocations. RVNL doubled investments, raising market cap by Rs 1.6 lakh crore. Investors eye multibaggers. Analysts foresee gains from capex plans, high-speed rail, and safety upgrades.
Lavrov was responding to a question about Prime Minister Modi's recent visit to Moscow and the opposition faced by India for its energy cooperation with Russia. With Russia presiding over the UN Security Council for the month of July, Lavrov is in New York to chair meetings of the Council being held under Moscow's presidency.
At the same time of course we have had a better CPI print last week and there has been a confirmation rather for the market that the Fed remains very close to rate cuts, so markets again pricing in a rate cut in September from the Fed and that is obviously kind of fuelling a little bit of a rally in those smallcap stocks that are certainly laden with debt and a lot more yield sensitive than the big tech as well.
The Indian rupee is anticipated to experience a minor respite as the dollar index decreases to a near four-month low. Speculation surrounds the rally in the Japanese yen and potential intervention by the Bank of Japan. Market expectations of Fed rate cuts are on the rise, with foreign investors showing interest in Indian shares and bonds.
Union Budget 2024: India is set to maintain its fiscal discipline despite pressures faced by other emerging markets, with Prime Minister Modi's government expected to stick to its debt sales target. The budget deficit is projected to remain stable, with a focus on credibility and investor confidence. The bond market is poised for a boost, with potential for further rally based on deficit reduction measures. The government's revenue windfall and conservative fiscal stance are key factors in maintaining stability and investor trust. Читать дальше...
Japan's Nikkei dropped 2%, led by a chip sell-off and stronger yen. Tokyo Electron fell 9.5%. Nikkei hit 42,426.77 last week. Volatility spiked. U.S. chip shares fell on export curbs. Topix dropped 0.93%. TSMC earnings, Tokyo groups, Taiwan-U.S. tensions noted. Machinery, Mazda, precision machinery, value shares, transport sector also declined. Nomura’s Sawada cited earnings season impact.
The pilgrims set out for the sacred site, heading towards the base camps of the Baltal and Pahalgam Yatras, where they will connect with their faith and seek blessings.
Ceat Ltd., incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 11098.09 Crore) operating in Tyres sector.
President Joe Biden tested positive for COVID-19 while in Las Vegas, experiencing mild symptoms, as announced by the White House. He plans to self-isolate at his Delaware home while continuing his presidential duties, according to Press Secretary Karine Jean-Pierre. This development follows Biden's recent acknowledgment that he might reconsider seeking reelection if diagnosed with a medical condition, amid calls from allies like Representative Adam Schiff to consider stepping aside.
