The Nifty index has shown a bearish trend in September, recording negative returns in six out of the last 10 years. This is largely due to selling by Foreign Institutional Investors, though Domestic Institutional Investors have often stepped in to stabilize the markets. Despite this, Nifty managed positive closings in certain years, including 2023.
Indian auto major Tata Motors is set to launch the Curvv model in electric and internal combustion engine (ICE) variants. Both share a sleek design and advanced features, while the ICE version includes additional elements like air vents and front sensors. The Curvv ICE will offer three engine options and advanced safety features, adding versatility to Tata's lineup.
Avoiding these foods can help manage PCOS symptoms and improve overall health.
The 30-share BSE Sensex was up 283.76 points at 82649.53
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by the underlying index, subject to tracking errors.
The Congress has commended the government's recent commitment to extending social security benefits to gig workers, claiming it has awakened to the need for a comprehensive national law. Labour Minister Mansukh Mandaviya confirmed the government's proactive stance on ensuring social security for gig workers, a key agenda also upheld by the Congress party.
The Andhra Pradesh government has received power boats from the Centre to assist in flood relief operations in Vijayawada, following unprecedented rainfall and flooding. Chief Minister N Chandrababu Naidu had requested additional support, and boats are now being used for evacuation and food distribution efforts.
Inox Wind Limited's subsidiary Resco Global Wind Services Pvt. Ltd has announced a Rs 350 crore equity raise from investors for a single-digit stake. The funds will be used to expand their business and seize opportunities in India's wind sector. This move follows Inox Wind's strategic turnaround and aims to scale up their offerings across the region.
Union Minister Giriraj Singh has called AAP a party surrounded by criminals after the Enforcement Directorate arrived at AAP MLA Amanatullah Khan's house. Khan denied wrongdoing, claiming continuous harassment. Delhi Minister Saurabh Bharadwaj accused the central government of misusing agencies. The case concerns alleged irregularities in the Delhi Waqf Board during Khan’s chairmanship.
Uttar Pradesh Chief Minister Yogi Adityanath introduced a new sports policy that guarantees government jobs to winners of Olympics, Commonwealth, Asian Games, or World Championships. He also announced the establishment of a sports industry in the name of Major Dhyan Chand and the start of the Junior Hockey League in the state.
The Relative Strength Index of the stock stood at 51.95 on Monday.
Prime Minister Narendra Modi is set to launch the 'Sanghatan Parva, Sadasyata Abhiyan 2024' at BJP headquarters in New Delhi. This membership drive will take place in two phases, with a focus on a comprehensive reach across the country. Membership can be obtained through various means including missed calls, the NaMo App, QR codes, and traditional forms.
China has issued a warning of severe economic retaliation against Japan if it continues to restrict sales and servicing of chipmaking equipment to Chinese firms. Beijing might cut Japan's access to minerals crucial for automotive production. Japan began limiting exports of semiconductor manufacturing equipment in July, aligning with U.S. trade controls.
Indian para-javelin throwers Bhavanaben Chaudhary and Navdeep Singh praised Neeraj Chopra's Olympic success for increasing interest in athletics. Bhavanaben aims to win a medal at the Paris Paralympics, while Navdeep credits Neeraj for inspiring him. India's Paralympic team has already secured seven medals, with notable performances in track, field, and shooting events.
The stock quoted a 52-week high price of Rs 1707.1 and a 52-week low of Rs 828.2.
Sandip Sabharwal touches on the pricing of IT stocks and upcoming September quarter results while discussing the potential inclusion of Zomato and Avenue Supermarts in F&O. He emphasizes the importance of festival season demand for auto sales and sees potential in Bharti Airtel, large-cap banks, and the under-owned pharma sector for future performance.
Pakistan's Defence Minister Khawaja Asif suggested that former Prime Minister Imran Khan could face a military trial due to alleged involvement in attacks on national institutions. Asif emphasised the need for an open trial to reveal the intentions of PTI. Imran Khan remains imprisoned on multiple charges as further legal actions loom.
The 30-share BSE Sensex was up 259.09 points at 82624.86
Vincent Lyne from the University of Tasmania claims to have pinpointed the location of missing Malaysian Airlines flight MH370. He believes the plane was intentionally flown into a deep chasm in the Indian Ocean. Lyne's research suggests that previous searches missed the mark due to incorrect assumptions about the aircraft's final moments. He urges authorities to verify his findings to finally resolve the mystery.
A total of 1,588 shares changed hands on the counter till 10:35AM (IST).
In August, India's manufacturing growth slowed to a three-month low due to a significant softening in demand. The HSBC India Manufacturing PMI dropped to 57.5 from July's 58.1. Although demand remained strong, international demand saw its weakest growth since January. Inflation concerns and competition affected business optimism.
Planning to invest Rs 10 lakh in equities during record market highs? Investing expert Girirajan Murugan recommends deploying 20% initially and staggering the remaining 80% over six months via a Systematic Transfer Plan. For high-risk investors, an equity-heavy, diversified portfolio includes suggested mutual funds like UTI Flexi Cap and ICICI Prudential Value Discovery.
Vijayawada's life has been disrupted by torrential rains and prolonged power cuts affecting internet and mobile connectivity. Ajit Singh Nagar and other areas are heavily flooded, and residents face severe hardships. Chief Minister N Chandrababu Naidu reported that over 2.7 lakh people are affected. Prime Minister Narendra Modi assured support and assistance from the Centre to tackle the crisis.
