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Новости за 02.07.2024

TRADERS’ CORNER: Auto ancillary focussed on EV trying to jump 5% and mid cap software stocks for 7% rise

Economictimes.indiatimes.com 

The markets had a trending start to the fresh week; after a muted start, the Nifty went on to close near its high point of the day. Following a flat start, the Nifty 50 index formed the low point of the day in the early minutes of the session. After that, the Index kept inching higher throughout the session. Although the markets did come off slightly from their high point, they were able to protect the bulk of their gains. The headline index closed with a net gain of 131.35 points (0.55%)

Diversity initiatives are bringing more women to certain roles: Survey

Economictimes.indiatimes.com 

Indian companies are prioritizing diversity, equity, inclusion, and belonging (DEIB) initiatives, with varying levels of women's representation across roles highlighted in a Manpower Group survey. Administrative and operational roles show higher female presence, while top-level management and STEM roles exhibit lower representation. Key findings emphasize the importance of trust, relationship building, and technology-driven solutions like AI for unbiased recruitment.

Tata Motors' passenger EV sales dropped 34 pc in June

Economictimes.indiatimes.com 

Tata Motors experiences sales decline in passenger vehicles, including EVs, in June. Despite challenges, the company foresees a recovery in demand, especially with the upcoming festive season. Tata Motors stands ready to capitalize on growth opportunities, driven by a strong SUV portfolio and expanding presence in the international market.

These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 25%

Economictimes.indiatimes.com 

While the recent up move in large caps has made them cover some of the differential which has developed in the valuations between mid and large stocks. If one looks at the long term average, there is still a scope of mean reversion. It might happen in both ways, mid-cap witnessing some profit booking and large caps doing relatively well in the corrective phase of the markets. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months... Читать дальше...

PM asked NDA MPs to follow parliamentary rules, says Union Minister Rijiju after meet

Economictimes.indiatimes.com 

"PM urged NDA MPs to follow rules of the Parliament, Parliamentary democracy system and conduct which is essential to becoming a good MP... I think this guidance by the PM is a good mantra for all MPs, especially the first-time MPs...We have decided to follow this mantra...," Rijiju said after the NDA meeting.



"We do not align with fake Hindutva portrayed by BJP": Sanjay Raut backs Rahul Gandhi's remarks in Parliament

Economictimes.indiatimes.com 

Falling in line with Rahul Gandhi's remarks, the Shiv Sena (UBT) leader further added that the former said in the Parliament that 'Hindutva' is a much wider term. "He did not say anything wrong about the Hindus. Those who consider themselves Hindus should hear again that Rahul Gandhiji had said that 'Hindutva' is a much wider term and the Bharatiya Janata Party (BJP) won't understand this", he said.

We got Rs 1.08 cr aide from govt: Kin of deceased Agniveer

Economictimes.indiatimes.com 

Singh was speaking after Leader of Opposition in the Lok Sabha Rahul Gandhi, while referring to the Agnipath military recruitment scheme, claimed the government regards Agniveers as "use-and-throw labourers" and does not even give them the status of a "shaheed (martyr)".

North Korea says tested missile capable of carrying super-large warhead

Economictimes.indiatimes.com 

North Korea successfully tested a new tactical ballistic missile capable of carrying a super-large warhead, state media said Tuesday, with analysts suggesting the weapon could be nuclear-capable. Pyongyang's state media claimed it had successfully launched the Hwasongpho-11Da-4.5 missile, which it said was capable of carrying a 4.5 ton-class super-large warhead.

Could IT make a meaningful comeback in Q1? Deven Choksey explains

Economictimes.indiatimes.com 

Deven Choksey highlights the importance of sticking with larger banks for business growth and emphasizes the positive outlook for IT companies. Additionally, L&T's promising future is underlined by margin expansion and improved execution. Choksey further says that one shouldn't expect too big a rally in IT and that one should stay focused on some of the larger banks as far as the portfolio investment is concerned

DNEG Group raises $200 million from UAE's United Al Saqer Group

Economictimes.indiatimes.com 

The DNEG Group, a leader in visual entertainment tech, has secured a $200 million investment from UAE's United Al Saqer Group (UASG), valuing it at over $2 billion. This boosts DNEG's move towards AI-driven content creation with Brahma, set to democratize CGI. Prime Focus Studios will expand, co-producing major films. A new Abu Dhabi hub aims to boost media jobs. CEO Namit Malhotra plans to leverage this partnership to enhance global services and tech, transforming storytelling capabilities with innovative AI tools.

Новости России
Москва

Нюша, Катя Лель, Хабиб, ST, Виталий Гогунский, Akmal', Елена Борщева, Наташа Краснова спели Арна "карапули" на "Юмор FM"


China's yuan slumps to seven-month low on weaker guidance

Economictimes.indiatimes.com 

Markets react to the Federal Reserve's uncertain policy outlook as the dollar's index strengthens. JOLTS job openings data release creates anticipation in the market, impacting offshore yuan's trading, marking a volatile market sentiment.

Hydrogen sector asks EU to help local firms compete with China

Economictimes.indiatimes.com 

The companies want Brussels to do more to ensure Europe-made equipment powers the EU's plan by 2030 to produce 10 million tonnes of renewable hydrogen using electrolysers, machines that use electricity to split water to produce the green fuel.

Best large cap mutual funds to invest in July 2024

Economictimes.indiatimes.com 

According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.


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