F&O Talk | Bank Nifty may eye 57,000 mark in medium term, overall market view bullish: Sudeep Shah of SBI Securities (22-09-2024)
On Friday, the domestic equities rallied for the second straight day, driven by positive global cues and a drop in U.S. jobless claims. The Nifty surged 375 points (+1.5%) to hit record highs, with most sectors, except PSU Banks, ending in the green.
I resigned because….: Arvind Kejriwal reveals why he stepped down as Delhi CM (22-09-2024)
Former Delhi Chief Minister and AAP leader Arvind Kejriwal explained his resignation, stating, “I did not come to do corruption or to earn money; I came to change the politics of the country.” Speaking at ‘Janta ki Adalat,’ he expressed concern over the lengthy legal proceedings he faced, saying he couldn’t live with the stain of accusations.
PGINVIT impairment of investments in subsidiaries and book value (22-09-2024)
I share the same understanding and its a matter of time when DPU gets reduced. Market is not appreciating responses from Management who don’t have any plan for any new additional assets. Hence the downfall from 120 levels to 90 and may be to 75 levels by 2028.
IPO Review – Discussion until listing (22-09-2024)
HDFC Bank approves IPO of HDB Financial Services
NPST – Technology Provider for UPI Tech (22-09-2024)
In the last press note I guess they have explained the reason as per below.
Additionally, we are implementing policy upgrades related to processing and merchant acquiring on our existing EvoK 2.0 platform to align with evolving industry and regulatory standards. While these upgrades are essential for the platform’s long-term success, we anticipate some short-term impacts. However, it will pave the way for long term growth.
Tirupati Prasadam controversy: Deputy CM Pawan Kalyan begins 11 days ‘Prayaschitta Diksha’ (22-09-2024)
Andhra Pradesh Deputy Chief Minister Pawan Kalyan has begun an 11-day ‘Prayaschitta Diksha’ at Sri Dasavatara Venkateswara Swamy Temple in Guntur. This act of penance is in response to allegations of animal fat being used in Tirupati Laddu Prasadam. Kalyan aims to seek forgiveness from Lord Balaji for this impurity.