Retired school principal, Mayadevi Gupta, discovered a set of false teeth inside a chocolate she received at a child's birthday celebration. The incident, reported by India Today, has left Gupta, who volunteers at a local non-governmental organisation (NGO), stunned.
“There are pockets of froth, manipulated stocks, and managed stocks, and with the low liquidity, some stocks are kept very high. So, small first-time investors in the market should be extremely careful about this aspect. Do not go by tips in the market or just because of stock price movement, momentum investing, growth, those kind of things,” says Porinju Veliyath.
The 30-share BSE Sensex was up 53.74 points at 80555.82
In the Futures and Options segment, a long buildup occurs when there is a simultaneous increase in open interest, trading volumes, and the price of the underlying stock, signaling a bullish trend in the market.
The Supreme Court received the IIT Delhi Report stating that a committee of three experts from the Physics department confirmed option 4 as the correct answer, validating the NTA's answer key. The report's release followed the court's order for a panel to determine the correct answer for a question affecting 4 lakh students, revealing discrepancies in candidate performance and causing concern over alleged irregularities in the NEET-UG exam.
VinFast plans a 1,000-acre smart city in Hyderabad. CEO Pham Sanh Chau met Telangana's Minister D. Sridhar Babu about mobility and housing as Hyderabad's population doubles, straining infrastructure. VinFast invested INR 4,000 crore in Tamil Nadu. Their 2025 EV will cost INR 25-30 lakh and have a 300-500 km range. Options are being scouted.
The Nifty Realty index was trading 0.31 per cent up at 1094.25.
The Paris Olympic Village welcomes 15,000 athletes with the aroma of freshly baked baguettes from a boulangerie producing 2,000 items daily. Managed by Guillaume Thomas and Sodexo Live, six restaurants focus on nutrition and cultural sensitivity. Chefs like Akrame Benallal lead, while nutritionists Purity Kamande and Carole Galissant ensure dietary needs are met with diverse cuisines. Shawn Hueglin emphasizes specific requests and performance-focused meals, balancing French and athlete needs.
On July 23, 2024, Earth will encounter two asteroids, (2024 LY2) and (2024 NH), which will pass at close distances. The larger, (2024 LY2), will come within 2,850,000 miles, while (2024 NH) will pass at 3,130,000 miles. NASA assures there is no threat of collision, and these events provide valuable research opportunities.
A total of 1,198,815 shares changed hands on the counter till 10:56AM (IST)
Fintech firm One 97 Communications, Paytm's parent company, has teamed up with Axis Bank to provide point of sales solutions and card payment machines to banks and merchants. Paytm's EDC devices offer store management services like inventory management and CRM. The partnership aims to enhance transaction efficiency, store management, and customer engagement, benefiting both companies. Axis Bank sees this collaboration as a way to expand their merchant acquiring portfolio and offer more payment solutions.
Four stocks from the NSE large cap pack were identified in the "White Marubozu" bullish scanner. The White Marubozu pattern is characterized by the opening price being the lowest and the closing price being the highest for a specific period.
Railway, defence, and PSU stocks on BSE rose ahead of the Union Budget by the Finance Minister. RailTel up 3%, Cochin Shipyard and DCX Systems gained, while Titagarh Rail, Texmaco Rail mixed. PSU stocks: IRCTC, IRFC, OIL, GMDC, Mazagon Dock, Bharat Forge, LIC, BEML, NTPC, Gujarat Gas, RCF, NMDC Steel. Multibagger returns seen; MRPL declined 3.7%.
The stock quoted a 52-week high of Rs 42850.0 and a 52-week low of Rs 33100.0.
Scientists discovered high levels of cocaine in Brazilian sharpnose sharks off Rio de Janeiro, raising concerns about behavioural impacts. The study found chronic exposure, with cocaine concentrations up to 100 times higher than in other marine animals. Potential sources include drug lab drainage or untreated sewage. This marks the first evidence of cocaine in free-ranging sharks, with further studies required.
The Nifty IT index was trading 0.29 per cent down at 39656.55.
study by Bajaj Finserv Mutual Fund shows that large cap investments have historically provided reliable returns, outperforming mid and small caps in various market conditions. With a track record of resilience and solid growth potential, large caps offer stability for investors looking for long-term gains.
The protesters wanted the government to overturn a high court decision last month that reinstated a quota system putting aside nearly 60% of government jobs for certain people, including families of those who fought in Bangladesh's war of independence. The government of Prime Minister Sheikh Hasina had scrapped the quotas in 2018.
Shriram Finance, ONGC, SBI Life, BPCL and Bajaj Finserv were among the top losers on NSE.
On July 22, seven stocks from the Nifty50 pack appeared in the RSI Trending Up scan, according to the stockedge.com data.
Union Finance Minister Nirmala Sitharaman met President Droupadi Murmu ahead of presenting the Union Budget 2024 in Parliament, as per tradition.
Promoters held 45.25 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 17.03 per cent and 19.35 per cent, respectively.
According to technical scan data from stockedge.com, on July 22, the closing prices of three stocks in the Nifty500 declined by more than 1% below the VWAP. This movement below the VWAP indicates a potential bearish trend in these stocks.
A total of 1,935 shares changed hands on the counter till 10:35AM (IST).
