The way broader market is participating in this up move, largecap space is also showing good strength and sectorial rotation is also happening in this up move. So, that clearly giving us confidence that possible rally can extend to 25,400 to 25,500 kind of zone in the continuation of this up move
Bank fraud: A new type of bank fraud is doing rounds these days. In this fraud, a fraudster imposing as a bank offcier informs that a high value transaction happened using your credit card. You can either confirm the transaction by pressing #1 or press #9 to report it. Once you press #9 the fraud starts. Read below to know more.
Emami Ltd has signed a binding agreement with Helios Lifestyle to acquire the remaining 49.6% stake, making Helios a wholly-owned entity. The acquisition, valued at Rs 177.63 crore, bolsters Emami's position in the digital-first premium male grooming segment, complementing its existing brand Fair and Handsome.
Odisha's new excise policy, effective from September 1, allows musical performances in licensed liquor shops but bans dance performances. No new IMFL 'OFF' shops will be sanctioned for the 2024-25 fiscal, and 'ON' shop licenses for rural areas are restricted except for certain hotels and beer parlours. Measures to curb illegal liquor trade are also included.
Novak Djokovic experienced his earliest US Open exit in 18 years, falling to Alexei Popyrin in the third round. The defeat adds to Djokovic's challenging year, seeing him end without a Grand Slam title for the first time since 2017. Popyrin's victory raises questions about Djokovic's future in the sport.
The Indian IPO market is thriving, with Gala Precision Engineering and Jeyyam Global Foods set to launch their public offers next week. Additionally, 11 companies, including Premier Energies and Ecos Mobility, will list. Analysts expect continued vibrancy in the primary market.
Highlighting the matter of leveraging AI tech, the economist noted that the pace of tech revolution appears to be very very fast. He also said that misinformation, disinformation and deepfakes continue to remain a challenge.
Yuki Bhambri and Albano Olivetti move to the US Open men's doubles third round after a tough win over Austin Krajicek and Jean-Julien Roger. Rohan Bopanna and Matthew Ebden also advanced, while N Sriram Balaji and Guido Andreozzi were eliminated. Balaji remains optimistic about improving his game and ranking.
The India Meteorological Department announced that a low-pressure area in the Bay of Bengal has intensified into a depression and is expected to cross north Andhra Pradesh and south Odisha coasts by midnight. This system is likely to bring very heavy rainfall in Odisha, especially in southern and western districts over the weekend.
"Say hello to what I would like to call 'Chenn.ai,'" Industrie Minister Dr TRB Rajaa said in a post on X (formerly Twitter). "With this partnership we aim to skill 2 million youngsters in AI via Naan Mudhalvan, collaborate with startups, and enable MSMEs and the rural economy. We want our youth to be a future-ready workforce."
Medical experts warn against undercooked pork as it can lead to serious parasitic infections like Intestinal Taeniasis and Cysticercosis. Consuming contaminated pork can result in severe health issues, including neurocysticercosis, which affects the brain. Treatments are available, but prevention through hygiene and proper cooking is essential.
Canadian value investor Peter Cundill stressed that patience, rooted in thorough research, is key to successful value investing. He differentiated it from stubbornness, which involves clinging to investments despite negative analysis.
In a discussion at the ET Global Event, India's External Affairs Minister Dr. S Jaishankar emphasized the various risks facing the world, including the COVID-19 pandemic and climate change. Jaishankar highlighted India's approach to scrutinizing investments, particularly those from China, to ensure a balanced and secure economic environment.
Get ready for an action-packed weekend with new OTT releases like The Kandahar Hijack, Murshid, and more. Thrills and entertainment await!
The Delhi High Court has dismissed a plea challenging the election of Bihar Chief Minister Nitish Kumar as President of the JD(U). The court found no substantial reason to interfere with the election results, highlighting that the petition lacks merit and falls outside the scope of Article 226 of the Constitution of India.
The India Meteorological Department has forecast heavy to very heavy rainfall for several parts of Andhra Pradesh due to a low-pressure system in the Bay of Bengal, which has intensified into a depression. Coastal districts are expected to experience heavy rain and strong winds today, with rough sea conditions prevailing. Vijayawada and other regions have already faced significant disruptions.
Prabhudas Lilladher has revised its high-conviction stock picks, dropping HDFC Bank, ITC, Maruti Suzuki, Eris Lifesciences, and TCI Express due to recent rallies and slower growth.
Mumbai local train commuters experienced delays on Saturday morning due to an overhead equipment snag on the Harbour line between Vashi and Mankhurd stations. Services were disrupted for two hours, causing trains to run late. Passengers were advised to use the Trans-Harbour line with the same tickets during the outage.
Tracking error measures the difference between a mutual fund or ETF’s returns and its benchmark index. It reflects how closely the fund replicates the index, with higher tracking error indicating greater deviation. Expenses and management affect this performance metric.
Coffee traders are racing to stock up beans in the European Union before the new environmental rules, requiring proof that imports do not contribute to deforestation, come into effect.
Pharma stocks have surged due to a 'Patent Cliff,' where numerous drug patents expire, allowing generic manufacturers, especially in India, to produce cheaper versions. This trend is causing a revenue drop for original drug makers but presents growth opportunities for Indian pharma companies, reflected in the Nifty Pharma index's recent performance.
