The current death toll in the hooch tragedy in Kallakurichi district, Tamil Nadu, has reached 63 as of Thursday morning, according to information from the District Collectorate. A total of 78 individuals remain under treatment across various hospitals in the state.
The Future & Options contracts of any stock enter a ban period when its open interest (OI) exceeds 95% of the market-wide position limits (MWPL). The ban is lifted only when the open interest falls below 80% of MWPL
Amidst market volatility, the Indian rupee faces uncertainties from unexpected dips and profit-taking motives. The inclusion of Indian bonds in the JPMorgan index drives interbank short positions, hinting at heightened intraday fluctuations. Rising U.S. yields pose challenges for Asian currencies, while offshore yuan and yen weaken, reflecting broader market shifts.
In terms of valuations, telecom stocks have moved up and are trading a little bit ahead of their long-term averages, says Gaurav Malhotra. He says the Street is quite positively viewing this whole tariff increase. Do note that the last major increase happened in 2021, so it has almost been three years since the last increase happened.
T20 World Cup: India's captain Rohit Sharma dismissed former Pakistan captain Inzamam-ul-Haq's ball-tampering claims after India’s 24-run win over Australia in the T20 World Cup Super 8s. Sharma attributed the reverse swing to natural conditions and emphasized staying calm and simple for their semifinal against England. Arshdeep Singh's key wickets were crucial in India's victory, setting up the semifinal clash.
China's tax exemptions on bond investments set a precedent for India's sovereign debt market, likely attracting more foreign investors. The hurdles faced by outsiders in accessing the market include lengthy documentation, tax treaty variances impacting returns, and the need for registration via custodian banks for trading in certain bonds.
Ether ETFs are on the brink of approval, with major stock exchanges gearing up for trading. The process, involving top asset managers and regulatory bodies, seems to be approaching its final stages, indicating a significant development in the ETF market.
Euro Cup 2024 live streaming details, and schedule for round of 16 matches are out. Check full list of matches, key players.
Mukul Kochhar says growth will be structurally higher by a percent, percent-and-a-half and one factor is the current account surplus which should get us into a more stable economic growth cycle. I feel that the private capex cycle is going to be very strong and going to focus a little bit on manufacturing.
The US has expressed its anticipation for the outcome of India's investigation into the alleged plot to kill India-designated terrorist Gurpatwant Singh Pannun. US State Department spokesperson Matthew Miller stated this on Wednesday, during a press briefing. The US emphasized that it has communicated its expectations to the Indian government for a thorough investigation.
The majority of play in the options segment for the election results fear and greed and hope has been played in the weekly option settlement. Whatever little has been left would be over today as the June series expiry gets over. This is relevant because once this technical volatility is done and dusted the true picture would emerge for many segments of the market including the midcap segment. If one looks at their recent performance in the last few days of volatility, it is clear that there is not much selling pressure. Читать дальше...
Delhi Rains: Delhi-NCR experienced significant relief from scorching heat with heavy rainfall drenching several parts on Thursday morning. Areas like Sarita Vihar, Munirka, and Noida were particularly affected, with the IMD issuing a yellow alert for heavy rain, thunderstorms, and gusty winds up to 30 km/h. The forecast predicts increasing rain intensity through Friday and Saturday, with possible gusts by Sunday. Temperatures are expected to drop gradually, reaching 34 degrees Celsius on Sunday.
Old sectors witnessing new momentum in select stocks.