A total of 3,086 shares changed hands on the counter till 10:35AM (IST).
Reports indicated that Alonso narrowly missed qualifying for the women's 100m butterfly semi-final by just 0.24 seconds. However, her conduct off the pool deck reportedly created tension within Team Paraguay, prompting Larissa Schaerer, head of the Paraguayan Olympic Committee, to request her departure. Schaerer emphasised that Alonso chose not to stay in the Athletes' Village and thanked her for complying with the instructions. The situation left Paraguayan officials disappointed and concerned about the team’s morale.
Arshad Nadeem's journey from humble beginnings to shattering Olympic records with 90m javelin throws highlights his quiet resolve, overcoming financial struggles, injuries, and fierce rivalry to win gold for Pakistan.
Over the last two decades, as climate change has grown worse, sales have skyrocketed in Colombia, with junk food companies heavily marketing their products to children.
Ola Electric Share Price: Ola Electric's shares listed at Rs 76 but surged 15% to Rs 87.43 soon after. The IPO, closing on August 6, was subscribed 4.26 times, below expectations. Despite revenue growth in 2024, losses also increased to Rs 1,584.4 crore. Experts recommended only risk-takers hold the stock for 2-3 years.
Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 17.95 per cent and 17.82 per cent, respectively.
The company in May had narrowed the release window for "GTA VI" to fall of 2025, setting the stage for the launch of the next installment of one of the most popular video game franchises in the world.
Shares of state-owned Cochin Shipyard surged 7.8% to Rs 2,490 on the BSE after reporting a 76.6% YoY increase in consolidated net profit to Rs 174.23 crore for the June 2024 quarter. Revenue from operations rose by 62% to Rs 771.47 crore, up from Rs 475.86 crore in the same period last year.
Shares of Life Insurance Corporation (LIC), India’s largest insurer, surged 3% to Rs 1,159.60 on the BSE after reporting a Q1 net profit of Rs 10,544 crore for the quarter ended June 2024, a 9% increase year-on-year. Net premium income rose 16% YoY to Rs 1.14 lakh crore.
A total of 4,320 shares changed hands on the counter till 10:25AM (IST)
The 30-share BSE Sensex was up 780.72 points at 79666.94
And we are seeing the signs of recovery in the volume growth, then definitely it is a positive sign in terms of the overall top line growth and the bottom line growth.
Consumption mutual funds have posted strong returns, averaging 13.56% over the past three months. Kotak Consumption Fund led with an 18.19% return, followed by Tata India Consumer Fund at 16%. Experts suggest cautious investment in these sector-specific funds, advising a more diversified approach in alignment with individual risk tolerance.
The government proposed the Banking Laws (Amendment) Bill, 2024, to raise nominees per bank account to four and reclassify 'substantial interest' to Rs 2 crore for bank directorships. The Bill includes cooperative bank reforms, auditor remuneration adjustments, and new bank reporting dates. It also aims to amend several banking-related acts for better governance.
Nag Panchami, observed on August 9, honors serpent deities in Hindu culture. Celebrated on the fifth day of Shravana, the festival includes rituals, offerings, and temple visits. Devotees seek blessings for health, wealth, and prosperity through fasting and prayers. The festival highlights the spiritual significance of serpents and our connection to nature.
A total of 2,421,953 shares changed hands on the counter till time (IST).
The 30-share BSE Sensex was up 850.26 points at 79736.48
The stock traded at a P/E multiple of 81.24, while the price-to-book value ratio stood at 7.33.
The Nifty Auto index was trading 1.62 per cent up at 25321.95.
Bank deposit rates: Indian banks reported a brief surge in deposit growth over credit offtake as of mid-July 2024. Despite this, banks are facing a growing challenge as urban savers increasingly opt for higher-yield investments like mutual funds and stocks. HDFC Bank's Managing Director highlighted this trend, expressing concerns over the stability and growth prospects of bank deposits.
On August 8, four Nifty500 stocks closed 3-6% below the VWAP, indicating a potential bearish trend. This suggests that their prices fell below the average weighted by trading volume.
India will play a two-day day-night tour match against Australia's Prime Minister's XI in the first two Tests of the Border-Gavaskar Trophy. This marks the first time since the 1991-92 season that the two heavyweights will meet over five Tests in a series. The match will be played at Manuka Oval in Canberra, helping India prepare for the day-night Test at Adelaide.
On the technical charts, the 200-day moving average of the stock stood at Rs 3668.98.
Major component manufacturers such as privately owned Robert Bosch GmbH, ZF Friedrichshafen AG and stock-market listed Continental AG have been hurting for years amid a cornucopia of inflationary and competitive pressures, plus the slow recovery of car production following the pandemic.
