Share price of Pidilite Ind jumps as Sensex gains 291.56 points
A total of 2,861 shares changed hands on the counter till 10:30AM (IST)
A total of 2,861 shares changed hands on the counter till 10:30AM (IST)
The Nifty IT index was trading 0.05 per cent up at 36140.0.
HSBC expands offerings for India's affluent diaspora through a virtual bank in GIFT City, leveraging the metaverse. The bank aims to capture a share of the $112.5 billion remittances to India from non-residents. With the hiring of a UBS executive, HSBC eyes the potential $5.5 trillion wealth management industry in India by 2025.
Gilt funds are not recommended to regular debt investors because they are risky and volatile. Gilt funds suffer the most when the rates go up. The bond prices and yields move in opposite directions. When the rates go up, bond prices come down. This drags down the NAVs of schemes.
A total of 698,279 shares changed hands on the counter till 10:25AM (IST).
On Friday, Gold August futures contracts at MCX started trading at Rs 71,446 per 10 grams, marking a decline of Rs 126 or 0.18%. Meanwhile, MCX Silver July futures opened at Rs 87,180/kg, reflecting a drop of Rs 4,400 since the beginning of June. The previous day, both gold and silver prices had closed higher in both international and domestic markets.
Ebenazer Paul highlights the increasing demand for skilled professionals in medical billing and coding, driven by technological advancements and evolving healthcare regulations. The industry offers diverse opportunities for growth and specialization, with a focus on continuous education and certifications to stay competitive.
On the technical charts, the 200-day moving average of the stock stood at Rs 545.92.
The frenzy around SME IPOs driven by retail investors seeking high returns raises concerns about an overheated market and potential bubbles. Despite the success stories, caution is advised as valuations may not offer sufficient margin of safety in the current environment.
Market anticipates US inflation data, oil supply issues from Russia and the Middle East drive prices. The rupee strengthens against the dollar amidst market optimism and increased foreign investments.
Boeing faced NTSB warnings and potential loss of party status in the probe over rule violations and unauthorized disclosures regarding the 737 MAX incidents, leading to scrutiny from the DOJ. Timothy LeBaron cautioned Boeing, highlighting the serious consequences of such actions.
India's government bonds enter JPMorgan's index, attracting billions in inflows, driven by positive economic indicators, high yields, and market performance, positioning India as a top choice for global investors.
Medicamen Organics, a pharmaceutical company, saw a successful listing on the NSE SME platform with a substantial premium. The company focuses on international markets, diverse pharmaceutical dosage forms, and global expansion strategies, reflecting its growth potential and market adaptability.
Vivek Jain, Head of Investments, Policybazaar.com says that in retirement planning, it's vital to consider both market-linked and guaranteed pension plans, allocating funds based on age and risk tolerance. Including a spouse in joint life coverage and leaving a legacy for nominees are key aspects of securing a stable financial future.
Facing severe droughts, Morocco's farming sector struggles with plummeting wheat yields, impacting fruit and vegetable exports and widening income disparities.
Indonesian police have arrested more than 100 Taiwanese at a villa in Bali over alleged cyber fraud, authorities said Friday. In 2018, Bali Police arrested 103 Chinese nationals, along with 11 Indonesians allegedly working for them, for running a multi-million-dollar cyber fraud syndicate that targeted wealthy businessmen and politicians in China.
A total of 2,366 shares changed hands on the counter till 10:10AM (IST)
During Thursday's debate between President Joe Biden and former President Donald Trump, they covered topics including the economy, immigration, and foreign policy. However, a heated exchange over golf handicaps emerged as a notable moment. Trump boasted about his recent golf victories, emphasizing the intelligence and strength required for such achievements. Biden countered by stating he had lowered his handicap to six during his vice presidency and challenged Trump to a match under specific conditions.
Manpower Group's latest Net Employment Outlook for June to September 2024 showcases positive trends in India's employment sector, ranking sixth globally. Despite some decline, the Financial Services and Real Estate sectors are driving growth, with AI integration expected to further boost employment opportunities. Various sectors and regions display differing hiring intents, reflecting cautious optimism amidst ongoing global challenges.
The Nifty Bank index was trading 0.27 per cent up at 52951.25.
A roof collapse at Terminal 1 of Delhi Airport on Friday resulted in one death and five injuries. The incident, caused by heavy rains in the Delhi-NCR region, also damaged several cars. Flights to and from Terminal 1 have been cancelled, and alternate arrangements are being made. The Aerocity Metro shuttle service to Terminal 1 has been suspended. Heavy rains caused waterlogging and traffic jams across the city, with major roads like Outer Ring Road, ITO, and Dhaula Kuan affected.
Mamata Banerjee advocates for restoring state government involvement in admissions to uphold the country's federal structure, amidst concerns of corruption in the NEET Examination system. The Ministry of Education is taking steps to address irregularities and enhance examination processes.
Efficient solar panel deployment faces challenges from land use conflicts, but solutions like utilizing brownfield sites can mitigate opposition.