A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment.
A total of 2,387 shares changed hands on the counter till 10:45AM (IST).
India’s solar capacity has reached 84.24 GW, with goals set for 500 GW by 2030. The PM-Surya Ghar program, launched in February 2024, offers significant subsidies for rooftop solar installations, boosted by advanced microinverter technology for safer and more efficient power management.
Pandit Rakesh Bhatt, a distinguished Hindu priest from Bengaluru, led a Vedic prayer on the third day of the Democratic National Convention (DNC) in Chicago. His invocation of 'Vasudhaiva Kutumbakam' emphasized unity, urging the nation to come together despite differences. This event highlighted the Democratic Party's commitment to inclusivity and the growing influence of the Indian American community in U.S. politics. Key figures such as Kamala Harris and Cory Booker also addressed the gathering, focusing on themes of unity and freedom.
AI and blockchain can help companies make supply chains more efficient and also improve enterprises’ access to banking solutions, says Sriram Kanuri, CEO and Founder of Arteria Technologies.
A long buildup, characterized by rising open interest, trading volumes, and stock prices in Futures and Options, signals a bullish trend. On Thursday, five stocks saw fresh long positions.
A total of 66,354 shares changed hands on the counter till 10:40AM (IST)
Delhi's resident doctors continued their protest against the alleged rape and murder of a trainee in Kolkata, even on its 11th day. The Supreme Court asked them to resume work but patient services were disrupted. FAIMA sought interim protection for doctors and recommended implementing comprehensive safety guidelines and other security measures in healthcare settings.
India's business activity continued its strong growth in August, driven by a robust services industry that compensated for a slight slowdown in manufacturing, a survey showed. The survey suggested easing price pressures as well.
How do they achieve these kind of profitability levels is going to be a key monitor. Otherwise, as far as market is concerned, they have that clout. This will give a much needed boost to currently going out business, which is somewhere around 400 crores in terms of annualised basis revenue.
Dr. Reddys, Power Grid, Tata Motors, NTPC and Cipla were among the top losers on NSE.
Nirav Karkera of Fisdom highlighted a clear investment appetite for thematic funds among savvy investors. He emphasized IT and technology, manufacturing and public sector enterprises, and infrastructure and energy as promising sectors. He advised long holding horizons for these highly cyclical bets and recommended professional guidance and thorough research for sector-specific investments.
The stock quoted a 52-week high price of Rs 3123.3 and a 52-week low of Rs 2068.45.
Bill Clinton endorsed Kamala Harris for the 2024 presidential election, citing her diverse heritage and commitment to American values. He contrasted Harris's people-first approach with Donald Trump's perceived self-interest, emphasizing her experience and dedication to public service. Clinton's support positions Harris as a candidate prepared to address the nation's challenges and opportunities.
Shyam Metalics Share Price: Shares of Shyam Metalics and Energy surged 11% to a record high as UBS set a target price of Rs 1,200, highlighting a significant upside. The company's shift to value-added products and strong earnings growth were noted. Recent results showed a 37% increase in profit and 8.4% revenue growth.
The Nifty Bank index was trading 0.46 per cent up at 50918.3.
While these devices are essential for work and entertainment, improper posture and extended use can lead to various bone and joint issues that affect our overall well-being.
A total of 11,139 shares changed hands on the counter till 10:25AM (IST)
The 30-share BSE Sensex was up 128.21 points at 81033.51
Kolkata doctor rape case: FAIMA appealed to the Supreme Court for interim safety measures following a doctor’s rape and murder at RG Kar Hospital, Kolkata. The Supreme Court established a National Task Force to address healthcare workers' security concerns, while FAIMA recommended CCTV monitoring, adherence to sexual harassment laws, and improved work conditions for doctors to enhance their safety.
India's corporate earnings had a weak start in the first quarter of fiscal year 2025, with subdued revenues and negative profit growth. Despite this, ten companies, such as ASM Technologies and PC Jewellers, returned to profitability. Analysts recommend a careful, stock-specific approach due to elevated valuation risks in mid and small-cap sectors.
A total of 1,809 shares changed hands on the counter till 10:19AM (IST).
The Kerala High Court was assured by the telecom regulator to not enforce actions on broadcasters non-compliant with the new tariff regulation. Broadcasters claimed the mandate to offer free channels to DPOs unfairly equates DD Free Dish with private operators. TRai's amendment led to legal challenges from broadcasters, with the next hearing set for September 4.
In July, 32 equity mutual funds recorded portfolio turnover ratios of less than 10%, spanning various categories like sectoral/thematic, flexi cap, and multi cap. Experts recommend that investors shouldn't be overly concerned, as low turnover does not necessarily impact returns adversely. Evaluating fund performance requires looking at multiple factors, not just turnover ratios.
A total of 5,961 shares changed hands on the counter till 10:14AM (IST).
