Uber is reintroducing its premium service Uber Black in India after nearly a decade. This move aligns with the rising demand for luxury services among Indian consumers. Uber's journey in India includes various expansions and adaptations, such as cash payments, ride-sharing, bike taxis, food delivery, and electric vehicle services.
BJP leaders have criticised Congress leader Rahul Gandhi for meeting US Congresswoman Ilhan Omar, who is known for her anti-India stance. BJP spokespersons accused Gandhi of endorsing anti-India elements. During his US visit, Gandhi engaged with the Indian diaspora, students, and US lawmakers to strengthen India-US relations.
The 30-share BSE Sensex was up 115.8 points at 82037.09
Lemon Tree Hotels' shares rose 3% after announcing a new property on Mira Road, Mumbai, set to open in FY 2026. Managed by Carnation Hotels, the property will feature 108 rooms and various amenities. This expansion complements their existing properties in Maharashtra.
Shares of Infibeam Avenue fell 8% to a day's low of Rs 27.93 on the BSE today, as the stock turned ex-date for its spin-off involving Infibeam Avenues, Odigma Consultancy Solutions, and Infibeam Projects Management. According to the scheme of arrangement, shareholders of Infibeam Avenue will receive 1 fully paid-up equity share (with a face value of Re 1) of Odigma Consultancy Solutions for every 89 equity shares they hold in Infibeam Avenue.
The Nifty Bank index was trading 0.02 per cent down at 51262.9.
A short buildup happens with rising open interest and volumes, while prices drop, signaling expectations of a decline. On Wednesday, five stocks saw new short positions.
The 79th session of the UN General Assembly began in New York, marking a historic moment as Palestine was given a seat next to UN member states. The move has been met with criticism from Israel. The session, led by new President Philemon Yang, will focus on resolving global conflicts and addressing issues like poverty, inequality, and climate change.
Mutual fund houses in 2024 have launched around 170 new funds, with a significant focus on passive schemes like index funds and ETFs. Experts suggest investors consider large-cap passive funds due to their lower expense ratios, while cautioning about the risks associated with sectoral and thematic funds.
One of the most well-liked veggies in the world is aloo.
India has fulfilled its Paris Agreement commitments on green energy nine years ahead of the 2030 target, according to Prime Minister Narendra Modi. Speaking at the International Conference on Green Hydrogen, Modi highlighted India's significant increase in non-fossil fuel capacity and solar energy. He emphasized the potential of green hydrogen in decarbonizing industries and called for global cooperation to enhance infrastructure and production.
The stock quoted a 52-week high price of Rs 1556.75 and a 52-week low of Rs 1011.5.
The NSE Nifty index was trading 38.0 points up at 25079.1
A long buildup happens with rising open interest and volumes, indicating bullish trends. On Wednesday, five stocks saw new long positions.
A total of 8,986 shares changed hands on the counter till 10:45AM (IST)
VI Share Price: Vodafone Idea shares have dropped 16% in a month and 20% this year, following Goldman Sachs' negative outlook. The brokerage firm predicts further market share loss despite recent capital raises. Analysts suggest the stock is volatile with support at Rs 11.80, but caution about potential further declines.
Sandesh Ltd, Gokul Agro Resources, SMS Pharma, Shoppers Stop and Suraj Ltd, hit their fresh 52-week highs at 10:44AM.
Former President Donald Trump criticized Vice President Kamala Harris during a debate, calling her a Marxist and attacking her policies. Harris responded by highlighting trade deficits under Trump's administration and accused him of aiding China. She also addressed his handling of COVID-19 and his comments on her racial identity.
Suzlon Energy's shares surged 5% to a day's high of Rs 81.95 on the NSE, marking the second consecutive session of gains and a total increase of over 10% over two days. This rally is driven by positive investor sentiment following Morgan Stanley's overweight stance on the renewable energy sector. Trading was robust, with nearly 7.6 crore shares changing hands around 10 a.m., resulting in a total traded value of Rs 617 crore
There were chaotic scenes at Kenya's main airport overnight as staff went on strike early Wednesday over a planned takeover by an Indian company. Critics say the plan will lead to job losses for local staff and rob taxpayers of future airport profits.
On Wednesday, Mach Conferences and Events made its debut on the BSE SME platform, listing with a 33.3% premium. The shares opened at Rs 300, well above the issue price of Rs 225. Prior to the listing, the stock was trading with a grey market premium (GMP) of about 76%.
Zomato Share Price: Zomato shares surged 15.5% to a record high of Rs 280.60, driven by a Paytm deal, positive broker ratings, and strong earnings growth. Jefferies targets Rs 335, predicting significant delivery revenue growth.
Professionals often face nutritional deficiencies due to long hours of sitting and poor eating habits. Dr. Bhavya Vankar highlights the importance of addressing these deficiencies, particularly Omega-3 fatty acids, Vitamin D, and Magnesium, to maintain good health and prevent complications. Simple dietary changes can significantly improve well-being.
The Relative Strength Index of the stock stood at 65.98 on Wednesday.
