In the Nifty50 index, 44 stocks were trading in the green, while 6 stocks were in the red.
India and Australia are set to clash in a highly anticipated five-Test Border-Gavaskar Trophy, starting November 22nd in Perth. India, aiming for a third consecutive series victory, will be without captain Rohit Sharma for the first Test. Australia, boosted by recent victories, seeks to reclaim the trophy on home soil.
The 30-share BSE Sensex was up 918.08 points at 78257.09
Suzlon Energy shares hit a 5% upper circuit after Morgan Stanley upgraded the stock, citing strong business prospects and a 5.1GW order backlog. Q2 FY25 profit surged 96%.
The stock quoted a 52-week high price of Rs 2104.95 and low of Rs 1273.40.
The 30-share BSE Sensex was up 824.1 points at 78163.11
Taiwan's Ministry of National Defence detected nine Chinese aircraft and five vessels near Taiwan. Three aircraft crossed the median line into Taiwan's air defence zone. Taiwan's Defence Ministry is monitoring the situation and responding. China has increased military activities around Taiwan since 2020.
BGT 2024 Schedule: India and Australia are set to clash in a five-Test Border-Gavaskar Trophy, starting November 22 in Perth. India aims for a historic third consecutive series win in Australia, while the hosts are determined to reclaim the trophy. India needs a series sweep to secure a World Test Championship final berth.
Matt Gaetz, a former Florida congressman and nominee for U.S. Attorney General, is under scrutiny over allegations of sexual misconduct, drug use, and financial improprieties. Witnesses claim Gaetz participated in drug-fueled sex parties and engaged in relations with a minor. While Gaetz denies the allegations, calls for transparency have mounted, with demands for the House Ethics Committee to release its investigative report.
The 30-share BSE Sensex was up 796.99 points at 78136.0
The Tirumala Tirupati Devasthanams (TTD) Trust Board conducted its first meeting. The board passed several resolutions. It wants the State Government to decide about non-Hindus working in Tirumala. The board will not allow political statements in Tirumala. Legal action will be taken against those who violate this. The board will also use high-quality ghee to make Srivari Laddu.
A total of 222,342 shares changed hands on the counter till 10:45AM (IST).
Promoters held 0.0 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 18.25 per cent and 24.32 per cent, respectively.
Vinit Bolinjkar, Head of Research at Ventura Securities, suggests that a Trump victory could benefit certain Indian sectors. These include textiles, auto ancillaries, electronics, energy, defense, and metals.
PG Electroplast share price: PG Electroplast's stock soared 15% after its subsidiary, PG Technoplast, secured an exclusive EV manufacturing partnership with Spiro Mobility in India. This collaboration leverages PG Technoplast's manufacturing prowess and Spiro's expertise in EV technology, aiming to establish a significant presence in the Indian EV market.
ProfitMart recommends buying Aartech Solonics stock. The target price is Rs 110, with the current market price at Rs 66.03. The time frame for this target is 12-18 months. Aartech Solonics, a small-cap company, operates in the industrial equipment sector. The company's recent financial performance has been positive. ProfitMart's analysis suggests potential growth in the company's future earnings.
Elon Musk’s AI chatbot Grok has sparked debates as users submit sensitive medical images for analysis. While some view it as a leap forward in healthcare, experts are raising concerns about privacy and diagnostic reliability. Unlike traditional health data systems governed by laws like HIPAA, Grok lacks strict safeguards, risking exposure of personal information. Despite promises of innovation, experts warn against trusting such tools without accountability. Grok’s future depends on balancing its... Читать дальше...
Honasa Consumer share price: Shares of Honasa Consumer, the parent company of Mamaearth, fell 34% over two days, hitting a 52-week low of Rs 242.60, following disappointing Q2 results. Mamaearth’s stock dropped 18% on Tuesday after a 20% decline on Monday. The company reported a net loss of Rs 19 crore, with revenues down 7% to Rs 462 crore due to sluggish demand and operational challenges.
The Nifty Pharma index was trading 0.81 per cent at 21718.55.
The Indian government is considering selling minority stakes in four state-run banks, including Central Bank of India and Punjab and Sind Bank, to meet public shareholding norms. The government may sell the stakes through an offer for sale in the open market, with the timing and size of the sale dependent on market conditions.
Delhi's air quality reached a hazardous 'severe plus' level, prompting school closures and emergency measures. The Supreme Court intervened, ordering strict enforcement of anti-pollution measures as the city grapples with dangerously high levels of pollutants.
The 30-share BSE Sensex was up 807.72 points at 78146.73
Indian External Affairs Minister S Jaishankar and Chinese Foreign Minister Wang Yi met on the sidelines of the G20 summit to discuss recent troop disengagement in Demchok and Depsang. They reviewed the progress made and explored future steps to enhance bilateral relations while also addressing global issues.