Posts in category All News
Market Trading Guide: RIL, Sun Pharma among 5 stock recommendations for Thursday (26-06-2024)
The present upside momentum could find resistance at the highs of around 24,000-24,100 levels. One may expect the next round of consolidation or minor weakness to emerge from the highs.
Bombay HC grants relief to Subash Chandra; asks him to provide documents sought by SEBI (26-06-2024)
Subhash Chandra had filed a writ petition against the summons dated 12th January 2024, issued by the Securities and Exchange Board of India (SEBI)
BlackRock buys 9.46 lakh shares in Titagarh Rail for 153 crore via block deal (26-06-2024)
Bulk deal data from the BSE reveals that Rashmi Chowdhary sold more than 26.93 lakh shares at Rs 1,618 each, netting approximately Rs 436 crore from the transaction. Chowdhary, a promoter of the railway sector company, owned over 1.28 crore shares, representing a 9.52% stake as of the end of March, as per the shareholding information available on the NSE.
Wednesday Briefing: Major Protests in Nairobi (26-06-2024)
Also, Julian Assange’s plea deal with the U.S.
Nagaland local body elections see 80% voter turnout despite ENPO boycott call (26-06-2024)
State Election Commissioner (SEC) T. John Longkumer reported that no votes were cast in the six eastern Nagaland districts due to the boycott call by the ENPO. Longkumer stated, "Earlier 79 candidates from these six districts filed their nominations, but they later withdrew their candidatures. No candidate is contesting in the town councils in eastern Nagaland, where ENPO gave a vote boycott call in support of their statehood demand for 'Frontier Nagaland Territory'."
Participatory-note investment surges to Rs 1.49 lakh cr in Mar on strong macroeconomic outlook (26-06-2024)
Investments through participatory notes in the Indian capital markets rose to Rs 1.49 lakh crore at the end of March from the previous year's level driven by a strong domestic macroeconomic outlook. The latest data includes the value of P-note investments in Indian equity, debt, and hybrid securities.
Credit Card issuance soars despite worries over unsecured loans (26-06-2024)
Credit card base in India grew 18% YoY to reach 103 million, with HDFC bank adding the most new cards. However, Kotak Mahindra bank saw a sharp drop amid RBI restrictions. Card spending also grew 17% YoY to reach Rs 1.65 trillion. The credit card industry has seen a continuous decline due to caution about large unsecured loans and asset quality issues.