Several top Nifty stocks, including Kotak Bank and Axis Bank, are currently trading at a significant discount compared to their historical averages, according to a recent analysis by Motilal Oswal.
25 Years of Kargil War: During the Kargil war in 1999, Colonel Balwan Singh, then a young Lieutenant, led the Indian Army's Ghatak Platoon in the successful assault on Tiger Hill, a crucial victory against Pakistani intruders. Despite being injured, Singh continued to fight, embodying courage and determination. The 18 Grenadiers, known as the Pole Star Battalion, played a pivotal role in this conflict, earning 52 honors including a Param Vir Chakra and two Maha Vir Chakras. Their victories at Tololing and Tiger Hill became symbols of bravery... Читать дальше...
On the technical charts, the 200-day moving average of the stock stood at Rs 356.6.
The Nifty IT index was trading 1.28 per cent up at 37792.15.
A total of 12,575 shares changed hands on the counter till 10:15AM (IST).
The ICC T20 World Cup-winning Indian team touched down in Delhi on Thursday to a warm welcome from the fans awaiting the sight of their favourite heroes and sight of the silverware.
Carry forward and set off of losses in new tax regime: The income tax laws under the old tax regime allow carrying forward and set off of losses from capital assets. However, the question arises if the same benefit is available for all capital assets under the new tax regime.
Threads, Meta's alternative to X (formerly Twitter), has hit 175 million monthly users a year after its out-of-the-blue launch. Threads, which hit app stores on July 5 last year, is a spin-off of Instagram and is intended to be a rival to X, formerly known as Twitter, after that platform alienated many users and advertisers following Elon Musk's purchase in 2022.
Vishal Mega-Mart has teamed up with Officenet to enhance HR management across its 650+ stores in India.
The stock traded at a P/E multiple of 69.97, while the price-to-book value ratio stood at 8.9.
The NSE Nifty index was trading 97.5 points up at 24384.0
"Now that the SEBI inquiry has gone in the wrong direction, and Hindenburg has dared the watchdog by bringing up Kotak’s name, Adani can go in search of new infrastructure deals — from transport and energy to data centers and building materials. I’m pretty sure he won’t be asking Kotak Mahindra to pony up money."
The rupee depreciated 5 paise to 83.54 against the dollar due to high crude prices, starting at 83.52. Positive equities, foreign fund inflows supported. Amit Pabari noted pressures like crude at USD 87. S&P's YeeFarn Phua mentioned fiscal deficit reduction need. NSE Nifty, Sensex surged; FIIs buying shares. Dollar index at 105.36, US yields at 4.35%.
Floods in Assam's Kaziranga National Park resulted in 17 animal deaths and 72 rescues, including 55 Hog Deer, under Sonali Ghosh's supervision. The flood situation impacts 173 forest camps. Assam's floods claimed 46 lives, affecting 16.25 lakh people and 3.86 lakh evacuees. The NDRF leads intensive rescue efforts for both wildlife and residents.
India is facing a growing water crisis, with the country's growing water stress potentially impacting its growth. The country's growing water stress could affect agricultural production and industrial operations, leading to food inflation and declines in income for affected businesses and workers, especially farmers. Contaminated water kills about 200,000 Indians each year, and the government is focusing on conserving the resource, recycling waste water, and reducing the country's over-reliance on the annual monsoon... Читать дальше...
A total of 71,475 shares changed hands on the counter till time (IST).
The Nifty Bank index was trading 0.19 per cent up at 53191.75.
On July 3, five stocks from the Nifty200 pack came to the bullish scanner of "White Marubozu", according to stockedge.com's technical scan data.
Small cap schemes invest in very small companies or their stocks. According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks.
Leopard spotting: Best forests in India to spot leopards. Jungle safari in India for tigers and leopards
The stock quoted a 52-week high price of Rs 9705.0 and a 52-week low of Rs 6634.6.
Dalmia Bharat's stock stabilizes as experts recommend a bullish outlook, targeting above Rs 2,100 in the volatile sugar industry. The company's price movements reflect a harmonic pattern signaling potential reversals.
MSMEs contribute a big part to India’s manufacturing output and hence, it becomes critical they adopt energy-efficient technologies to reduce operational costs.
The Indian Army affirmed its commitment to honoring soldiers' sacrifices amid controversy over compensation for Agniveer Ajay Kumar's family. The Army clarified that they received Rs 98.39 lakhs and are due another Rs 67 lakhs pending police verification, totaling around Rs 1.65 crore under the Agniveer Scheme. Opposition leader Rahul Gandhi accused Defence Minister Rajnath Singh of misleading Parliament about the compensation, triggering a dispute. Singh defended the Agniveer Scheme, denying discrepancies... Читать дальше...
ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 51740.09 Crore) operating in Cement sector.