On Friday, the Congress Party stated its intent to forcefully resist any attempt to reduce the Union government's stake in 12 public sector banks below 51 percent, both in Parliament and outside. This position follows the broader acceptance of mergers in the public sector banking industry over the last seven years, on the condition that the government's share remains above 51 percent.
Ambani wedding: Vidya Balan yellow lehenga dyed with marigold flowers offered at Siddhivinayak Temple in Mumbai
A total of 234,066 shares changed hands on the counter till 11:52AM (IST).
A senior officer explained that although the offence carries a penalty of less than seven years, the artist was not detained but was instructed to appear for further questioning. Ritesh admitted to uploading the photo, claiming it was a mistake while reviewing old photos. He explained that a foreign customer had the tattoo done at his shop, and he did not recall many details about the client.
JSW Infrastructure shares fell 7.4% to Rs 311 due to an 8% profit drop to Rs 296.55 crore amid higher expenses.
A total of 8,469 shares changed hands on the counter till 11:47AM (IST).
A short buildup in Futures and Options happens with rising open interest and volumes as the stock price declines, reflecting bearish expectations and increased short positions.
A total of 4,776 shares changed hands on the counter till 11:42AM (IST).
The stock quoted a 52-week high price of Rs 1475.95 and low of Rs 997.4.
Telecom Budget Expectations: With Budget 2024 approaching, the Telecom Industry eagerly anticipates policy reforms to ensure growth aligns with the economy. Recent legal decisions and tax issues have created uncertainties, prompting the industry to seek clarifications and amendments in the upcoming budget. Additionally, hopes are high for incentives, clarity on customs duties, and support for domestic manufacturing to foster development and mitigate challenges.
Former Andhra Pradesh Chief Minister and YSRCP leader YS Jagan Mohan Reddy wrote to Prime Minister Narendra Modi, alleging severe violence and suppression by the ruling TDP and its allies. Reddy claimed that in the past month, 31 people were murdered, 35 committed suicide, and extensive property damage occurred, with over 1,050 incidents of violence.
Markets have reached a level where it makes sense to be cautious. Many of these companies which also have strong outlook for growth, they might also correct by 20-30% before they come to reasonable buy levels.
A long buildup in the F&O segment happens when both open interest and trading volumes increase in tandem with the rising price of the underlying stock, signaling a bullish market trend.
The Supreme Court has scheduled a hearing for a public interest litigation (PIL) on the electoral bonds scheme on July 22. The PIL, filed by NGOs Common Cause and CPIL, seeks a court-monitored investigation into alleged quid pro quo between political parties and corporations, calling the scheme a "scam."
On the technical charts, the RSI of the stock stood at 41.66.
The 30-share BSE Sensex was down 311.1 points at 81032.36
A total of 18,479 shares changed hands on the counter till 11:21AM (IST)
The NSE Nifty index was trading 143.4 points down at 24657.45
