The stock quoted a 52-week high of Rs 653.9 and a 52-week low of Rs 208.05.
Aesthetik Engineers Jewels opened its SME IPO to raise Rs 26.47 crore by issuing 45.48 lakh fresh equity shares at Rs 55-58 per share. The company, known for facade systems, reported Rs 60 crore in revenues for the last fiscal year. The IPO closes on August 12 and is expected to list on August 16.
NASA thought of extending astronauts Butch Wilmore and Sunita Williams' stay on the ISS due to safety concerns with Boeing's Starliner spacecraft. The Starliner faced propulsion issues, delaying its return. NASA considered using SpaceX's Crew Dragon as an alternative for their return journey in February 2025. This issue posed a significant setback for Boeing.
A student-led uprising in Bangladesh against government hiring rules culminated in the prime minister fleeing. Nobel Peace Prize winner Muhammad Yunus is set to lead a caretaker government after at least 450 people were killed in over a month of deadly protests. The timeline of the crisis in the country started from August 1.
The stock quoted a 52-week high price of Rs 4610.0 and a 52-week low of Rs 2334.95.
The Supreme Court will hear on August 9 a plea against the Bombay High Court's decision allowing a Mumbai college to ban hijab, burqa, and naqab. The plea cites difficulties faced by students from minority communities due to the dress code, especially with unit tests approaching. The Bombay High Court had earlier upheld the college's dress code, stating it aimed to maintain discipline and was within the institution's rights. Lawyer Abiha Zaidi, representing the petitioners, requested an urgent hearing... Читать дальше...
The Waqf Board is reportedly the third-largest landholder in India, following the Railways and the Defence Department. Waqf boards control 8.7 lakh properties spanning 9.4 lakh acres across India, with an estimated value of Rs 1.2 lakh crore. There are 32 waqf boards, including two Shia waqf boards in Uttar Pradesh and Bihar. Control of the state Waqf boards lies in the hands of about 200 individuals.
A total of 4,798 shares changed hands on the counter till 11:31AM (IST).
The Reserve Bank of India (RBI) has suggested the introduction of a "Delegated Payments" feature in UPI. Detailed guidelines for this will be provided soon.
The Central government has declined to grant 'Metro' status to Bengaluru, affecting the higher HRA tax exemption that residents desire. Union Minister Pankaj Chaudhary stated the policy would remain unchanged. Despite Bengaluru’s rapid growth, the government opted to uphold its rational tax policy, leaving the city classified as non-metro for HRA purposes.
The Election Commission of India reviewed preparations for assembly polls in Jammu and Kashmir. Chief Election Commissioner Rajiv Kumar and his team met political parties and officials to assess readiness ahead of the Supreme Court's deadline. The three-day visit included discussions with police, civil administration, and enforcement agencies, culminating in a review meeting and press conference in Jammu.
A total of 747,941 shares changed hands on the counter till 11:26AM (IST)
InCred Equities shared stock picks to navigate the fluctuating Indian equity market. Large-cap suggestions like HDFC Bank and Maruti Suzuki highlight major plays, while small-cap recommendations include Aditya Birla Sunlife AMC and BCL Industries. The list aims to offer potential high returns despite market volatility.
The NSE Nifty index was trading 101.66 points down at 24195.85
Expected far-right protests across Britain on Wednesday did not occur as peaceful anti-racism demonstrations took place instead. Following a week of riots driven by misinformation about a Southport stabbing, counter-protests were held in cities like London and Liverpool. Crowds chanted against racism and supported immigration, reclaiming the streets without major incidents.
The Ministry of Electronics & Information Technology is launching an incentive scheme for electronic components to support India’s Viksit Bharat 2047 vision. MeitY Secretary S Krishnan emphasized the importance of self-reliance in semiconductors and discussed the progress in AI regulation and data privacy under the Digital Personal Data Protection Act, 2023.
India was shocked by wrestler Vinesh Phogat's retirement, following her disqualification in the Olympics. The sporting community expressed support, with Bajrang Punia praising her as a winner. Sakshi Malik called it a defeat for all Indian daughters. Coach Mahavir Phogat suggested Vinesh may reconsider for the 2028 Olympics. Geeta Phogat expressed sadness over Vinesh's retirement, calling her a role model for all girls.
Yes, somebody who is in the value part can change merchandise and still do very well, so that remains to be seen. But we are not for value. I think roti, kapda, makan kind of stuff is completed for India. Whatever is left will be done over the next two-three years. So, if you see volume growth in the base categories, they are tending towards zero very quickly. Premiumisation is the story.
Short covering refers to the buying of shares to close an existing short position, signaling a shift from extreme bearishness to bullishness. In Thursday's trading session, five stocks saw short covering.
On the technical charts, the RSI of the stock stood at 47.84.
The Nifty IT index was trading 1.07 per cent down at 38776.25.
Over the past month, equity mutual funds in the pharma, consumption, and technology sectors were the only ones to provide positive returns. Pharma funds topped the list with around 5.82%, followed by consumption funds at 1.90%, and technology funds at 1.06%. Experts advise long-term investment in these sectors for better returns.
A total of 18,648 shares changed hands on the counter till 11:11AM (IST).
