Xiaomi will showcase its first electric car, the SU7, in India on July 9 as a market test. The car comes in two versions with different driving ranges and is priced competitively. The event in Bengaluru will also feature other household appliances and new product categories.
Assam's flood crisis has worsened, affecting nearly 23 lakh people across 28 districts. With water levels of major rivers above danger marks, the death toll has reached 78. Over 53,000 are in relief camps. Multiple agencies are engaged in rescue operations, and Chief Minister Himanta Biswa Sarma assures adequate relief efforts.
The economic environment remains on a sound footing, as reflected in the various indicators (PMIs, GST, CAD, Forex Reserves, etc.), and so does the overall corporate earnings momentum, which is also supporting the buoyancy.
Alphageo , Shreyans Ind, Rail Vikas Nigam, Kaya and Suven Life Sci, hit their fresh 52-week highs at 11:05AM.
The stag beetle, one of the world's most expensive insects, can cost up to Rs. 75 lakh due to its rarity and perceived luck-bringing qualities. These insects thrive in warm climates, feed on sweet liquids and dead wood, and have a lifespan of 3 to 7 years. Their unique physical traits and roles in forest ecosystems make them highly valued, with applications even in medicinal practices.
Amid investor concerns over potential fiscal policy shifts towards welfare spending, Goldman Sachs holds a contrary view, citing limited fiscal room due to high public debt. They emphasize India's infrastructure improvements, suggesting policymakers may prioritize sustained growth over short-term boosts.
The stock quoted a 52-week high price of Rs 189.3 and a 52-week low of Rs 126.45.
Promoters held 51.46 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 11.54 per cent and 4.81 per cent, respectively.
Breathtaking places in India one should definitely visit in July. This includes munnar, spiti valley, pondicherry and more.
The Nifty Bank index was trading 0.28 per cent down at 52515.5.
Investor Ashish Kacholia raised his stake in Dhabriya Polywood to 6.67% in June. The microcap company, valued at over Rs 400 crore, manufactures PVC doors and saw its stock rise 200% in two years. RSI is 71.7, indicating overbought status. MACD at 14.5 indicates a bullish trend.
Nestle India declares an interim dividend of Rs 2.75 per share for eligible shareholders. The company's standalone net profit increases by 27% YoY.
Carlos Alcaraz showcases his exceptional athleticism and determination at Wimbledon, overcoming challenges to secure a remarkable victory. With a potential rematch against Jannik Sinner on the horizon, the competition intensifies as players strive for success on the prestigious Centre Court.
Investing in ETFs tracking Nifty50, including Nifty50 Value 20, provides long-term stability and tax efficiency. Large Cap ETFs use market capitalization to minimize risks, with periodic rebalancing for optimal performance. Brokerage platforms facilitate investments, supporting margin trading. These strategies leverage blue-chip stocks, particularly beneficial in broad-based or bull markets, with dividend yield enhancing stock selection.
Prime Minister Narendra Modi is on a high-profile visit to Moscow to meet President Vladimir Putin and review India-Russia ties at the 22nd annual summit. They will discuss expanding relations in areas like energy, security, trade, health, and more. Modi emphasized the strong strategic partnership between the two countries.
On the technical charts, the 200-day moving average of the stock stood at Rs 4134.26.
The Nifty Auto index was trading 0.1 per cent up at 25422.7.
Billionaire Ajay Piramal’s firm is in talks with a group of global investment banks to raise $300 million to $500 million via such notes with a tenor of three to five years, the people said, asking not to be identified as the discussion are private.
The India Meteorological Department (IMD) Mumbai has forecast heavy rainfall at isolated places and moderate rainfall in the city and suburbs for the next 24 hours. In anticipation of severe waterlogging, the National Disaster Response Force (NDRF) has deployed teams across the city.
The 30-share BSE Sensex was down 120.0 points at 79876.6
Heavy rains in Arunachal Pradesh have caused widespread disruption, with landslides affecting multiple districts and roads. Since April, four people have died due to natural calamities. Over 72,900 people and 257 villages have been impacted by floods and landslides. Infrastructure damage includes roads, bridges, power lines, and water supply systems. Itanagar is facing a severe water crisis. Key roads, including NH-415 and NH-513, are blocked. Authorities are working on restoration, but some areas remain cut off.
The bus was also filled beyond its capacity with passengers. Hence, overloading and poor road condition have been attributed as additional reasons for the accident.
The Congress party has criticized Prime Minister Narendra Modi for not visiting Manipur amid ongoing violence, while Rahul Gandhi makes his third visit to the state. Modi has stated that the Centre is working to restore normalcy in Manipur, with over 500 arrests made and relief efforts underway.
Titan Company's shares dropped 4% on Monday due to lower-than-expected business growth, prompting target price cuts from global brokerages. The company reported varied performance in different divisions, with challenges like high gold prices affecting consumer demand.