A total of 22,124 shares changed hands on the counter till 11:47AM (IST)
Chakri Lokapriya, Managing Partner at RSB LLP, elaborated on the strong performance of PSU banks compared to private banks, the tactical play of FMCG, and the potential improvements for Coal India and the automotive sector. He noted that Zee Entertainment and Zomato are showing mixed signs, while the real estate sector continues to hold strong with better margins and volumes.
Hero FinCorp IPO News: Hero FinCorp, the financial services arm of Hero MotoCorp, has filed its DRHP with SEBI for an initial public offering (IPO). The IPO will include a fresh issue of shares worth Rs 2,100 crore and an offer for sale worth Rs 1,568 crore. Proceeds will be used to fund future capital requirements, especially for onward lending.
Snacks for chai: Healthy rainu day snacks to pair with tea in monsoon
Amazon's capital spending rose dramatically in the second quarter, reaching $16.41 billion to boost its cloud and AI capabilities. This increase, however, is expected to squeeze profit margins amidst a competitive landscape. AWS growth likely stayed around 17%, with Amazon striving to keep pace with rivals like Microsoft.
Promoters held 62.66 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 25.32 per cent and 2.42 per cent, respectively.
Short buildup means more people are expecting the prices to go down and creating short positions. In Thursday's trading session,
A woman riding pillion on a bike in Lucknow was harassed by men on a flooded road, as shown in a viral video. The men splashed water and pulled the bike, causing the duo to fall. One man groped the woman during the incident. Police intervened, dispersed the crowd, and are identifying the culprits using CCTV footage.
Sultanpur: During his visit, Gandhi spent a considerable amount of time at Ramchet's kiosk, learning the craft of stitching ‘chappals’ (slippers) and shoes. As a token of appreciation, Gandhi sent an electric shoe stitching machine to Ramchet the following day.
On the technical charts, the 200-day moving average of the stock stood at Rs 1208.32.
Kerala has been ravaged by landslides caused by heavy rain, resulting in at least 178 deaths and 190 missing persons. Indian soldiers are constructing a metal bridge to reach the most affected area, Mundakkai. Rising waters and ongoing rain have hampered rescue efforts, but nearly 1,600 people have been saved.
A total of 1,148,088 shares changed hands on the counter till 11:26AM (IST)
IIM Calcutta commenced CAT 2024 registrations on August 1, 2024, continuing until September 13. The exam is scheduled for November 24, 2024. Candidates must have a Bachelor's degree with required marks. Fees vary by category. Applicants can choose up to five test cities. Visit iimcat.ac.in to apply.
Republic Party leader Vivek Ramaswamy recalled that Kamala Harris leaned onto her Indian American identity when she ran for office in California and added that she is wearing a different identity when it is politically convenient on a national stage. He further claimed that Harris "all of a sudden, made a turn" in her identity and wants to be known as black.
Uttarakhand Chief Minister Pushkar Singh Dhami has held a review meeting with officials at the State Emergency Operation Centre to assess the situation of rescue and relief operations in areas affected by heavy rainfall. Rescue teams have been active throughout the night, relocating people to safer locations. Dhami has instructed the National Disaster Response Force and State Disaster Response Force to remain on high alert in the affected regions.
Adani Power embarked on building a 1600 MW ultra-supercritical thermal power plant in Mirzapur, Uttar Pradesh. This initiative, led by Mirzapur Thermal Energy, represents a Rs 14,000 crore investment to double its thermal capacity to 30.67 GW by 2030. It has engaged BHEL for equipment supply and project supervision in this ambitious expansion.
A total of 10,460 shares changed hands on the counter till 11:21AM (IST)
Meta rolled out its AI chatbot in India in June this year. India is the company's largest market with a combined subscriber base of over a billion across its umbrella of apps like Facebook, WhatsApp, Instagram and Threads.
The Nifty Realty index was trading 1.1 per cent down at 1081.7.
The Reserve Bank of India has made securing digital payments a top priority, emphasizing the need for Additional Factor of Authentication (AFA) when making payments. Authentication did not require any particular criteria.
A long buildup happens when open interest and trading volumes rise with an increase in the stock price in the F&O segment, signaling a bullish trend.On Thursday, five stocks saw fresh long positions.
A total of 6,822 shares changed hands on the counter till time (IST).
The 30-share BSE Sensex was up 152.39 points at 81893.73
Indian badminton players Lakshya Sen and HS Prannoy will face each other in the men's singles round of 16 on August 1. Lakshya advanced with a stunning win over third seed Jonatan Christie, while Prannoy had an easier path, defeating Fabian Roth and Le Duc Phat. Their head-to-head record favors Lakshya at 4-3.
