Bangalore: Karnataka RERA has ordered payment of Rs 7.12 lakh interest to a homebuyer of Shriram Blue in Bengaluru. This order after the builder failed to deliver the flat by the deadline and did not even seek consent from the homebuyer for extension of deadline. Read below to understand how this case unfolded in Karnataka RERA.
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A total of 1,380 shares changed hands on the counter till 10:29AM (IST).
The Rs 6,560 crore IPO of Bajaj Housing Finance is receiving strong investor interest. As the stock prepares for its market debut next week, top-performing housing finance stocks over the past year include Hudco with a 227% gain, Mehta Housing Finance up 169%, and Parshwanath Corp nearly tripling investors' wealth.
Donald Trump vs Harris US Presidential Debate: Kamala Harris and Donald Trump faced off in a debate where Harris managed to put Trump on the defensive over issues like abortion rights and migration. Political experts noted that while Harris appeared presidential, Trump missed opportunities to focus on key topics, potentially impacting competitive House races.
The stock quoted a 52-week high price of Rs 1541.3 and low of Rs 959.55.
The NSE Nifty index was trading 7.61 points up at 25048.7
A total of 1,664 shares changed hands on the counter till 10:20AM (IST)
Gensol Engineering, in collaboration with Matrix Gas & Renewables Ltd, has secured an order to establish India's first green hydrogen valley project in Pune. The plant will produce green hydrogen through electrolysis and supply it to the specialty chemical sector. This initiative is supported by the Department of Science & Technology and facilitated by National Chemicals Laboratories.
Rahul Gandhi criticised the Modi government over its handling of the border stand-off with China, claiming Chinese troops occupy 4,000 square kilometers of Indian territory in Ladakh. Speaking in Washington D.C., he questioned how any leader could claim to have managed such a situation well, drawing criticism from the BJP.
A total of 231 shares changed hands on the counter till 10:15AM (IST).
Farah Mourad from Equiti Group discusses the impact of falling crude oil prices on global economies. Lower oil prices benefit central banks and countries facing high inflation but pose challenges for oil-dependent nations. The article also explores the potential effects on emerging markets like India and the overall global economic growth.
On the other hand, in the debate she has made a pretty good fight of it and had Trump on the back foot quite a bit.And, of course, American elections are not won by the rich necessarily. They are run by the mass of the people. If the mass of the people move in her direction, we could see America move slightly more towards the left which would mean that, yes, we will see more taxes and it will be slightly negative for the market. But I think at the end of the day, the market has got other issues to think about.
With crude prices declining, companies in the paints, rubber, plastics, and chemicals sectors are poised to benefit.
According to Sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. These schemes have no other restrictions when it comes to investing- like flexi cap schemes they can invest in any market capitalisations and sectors. If that investment strategy appeals to you, you can get to know more about focused equity schemes.
The father of a deceased trainee doctor from Kolkata's RG Kar Medical College expressed dissatisfaction with West Bengal CM Mamata Banerjee's handling of the case, demanding a CBI investigation. The victim's parents criticized Banerjee's call for Durga Puja celebrations, stating their home will no longer celebrate due to their daughter's tragic death.
Larsen & Toubro Ltd. is investing over $300 million to establish a fabless chip company in India, aiming to design 15 products by year-end and start sales in 2027.
A total of 1,357 shares changed hands on the counter till 10:10AM (IST).
The 30-share BSE Sensex was down 37.73 points at 81883.56
Nifty's 1-year returns of 25% have outperformed major global indices, with the S&P 500 trailing at 22%. Experts attribute this to India's robust domestic economy and growing retail investor base. Despite global economic tensions, Indian markets have shown resilience, recovering swiftly from setbacks. Investors are advised to focus on fundamentals and consider asset allocation reviews.
A total of 12,629 shares changed hands on the counter till 10:04AM (IST).
The Nifty Pharma index was trading 0.44 per cent up at 23360.25.
Samsung Electronics is set to lay off over 200 executives in India due to slowing business growth and declining consumer demand. The layoffs will affect various functions, including mobile phones and home appliances. This move comes amid an ongoing strike at its Chennai factory, impacting production ahead of the festive season.
Namo eWaste Management's shares listed on the NSE SME platform with a 90% premium, debuting at Rs 161.5 against an issue price of Rs 85. The IPO, fully subscribed 200 times, aims to fund a new factory unit in Nashik and other corporate purposes. The company specializes in recycling electrical and electronic equipment waste.