Britain's economic output increased by 0.4% in May, a higher than expected increase, largely due to a surge in housing construction. The Office for National Statistics data showed a broad-based increase in services, manufacturing, and construction industries, with the housing sector contributing to a 1.9% increase. The economy expanded by 0.9% over the three months to May, the strongest since January 2022.
On the technical charts, the RSI of the stock stood at 54.13.
The stock quoted a 52-week high price of Rs 892.75 and low of Rs 649.0.
ICAI CA Toppers List 2024: The ICAI announced the results of the CA Final and Intermediate exams today, revealing the top scorers and pass percentages. Shivam Mishra topped the CA Final exam, while Kushagra Roy excelled in the CA Inter exam. The exam statistics show varying pass rates for different groups.
Promoters held 0.79 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 16.68 per cent and 10.12 per cent, respectively.
Delhi Electricity Bill: Electricity bills in Delhi saw an increase due to a rise in the power purchase adjustment charge (PPAC) across various discoms, starting this February. This adjustment, effective from February, reflects higher power purchase costs influenced by rising coal and fuel prices. PPAC, a surcharge managed by the Delhi Electricity Regulatory Commission (DERC), aims to cover these fluctuating costs incurred by discoms.
A total of 4,144 shares changed hands on the counter till 11:37AM (IST)
Under the terms of the contract, 95% of the contract value will be disbursed upon receipt of an inspection certificate from the nominated agency and proof of dispatch or delivery of the materials. The remaining 5% will be paid after the goods are received, inspected, and officially accepted.
Ambuja Cements surged 3.5% to Rs 688 after Nomura upgraded to 'buy' with a Rs 780 target.
US President Joe Biden faces a critical moment in his presidency as he prepares for his first solo press conference since 2023. The 81-year-old leader is under intense scrutiny from his own party, with calls to step aside over concerns about his age and health. A poor performance could have significant implications for his reelection bid, with pressure mounting from within the Democratic party. Biden's ability to handle unscripted moments will be put to the test at the NATO summit, where world leaders... Читать дальше...
Will the changes to the income tax slabs in Budget 2024 take effect on April 1, 2024 or another date? Also, will employers be able to offer the option to choose the tax regime again after the changes are announced? Read on to find out.
A total of 32 shares changed hands on the counter till 11:31AM (IST).
Equity mutual funds' AUM rose 23% to Rs 27.67 lakh crore by June 2024. Sectoral/thematic funds grew 41%, multi-cap 30%, and large & mid-cap 26%. Mid cap funds rose 24%, value/contra 22%, focused 14%, ELSS 17%, and large cap 15%. Flexi cap funds rose 20% to Rs 4.01 lakh crore. This is not a recommendation.
So, it is a lot domestic in nature and that is what in our view is driving the markets more. And even from a flow perspective, it has been all about domestic flows and not as much about foreign flows so far this year.
Gold futures surged Rs 1,200 in July, opening at Rs 72,820/10g; silver futures rose Rs 3,900 to Rs 93,476/kg. Both metals closed mixed amid US inflation data anticipation; rate cut hopes buoyed prices. Gold settled at Rs 72,668/10g (+0.37%), silver at Rs 92,832/kg (-0.15%).
Hollywood actor George Clooney, a lifelong Democrat and major fundraiser, who recently hosted a record-breaking event for Biden, believes the President’s age is impacting his ability to lead effectively. The writer urges Democratic leaders to request Biden step aside, highlighting strong potential successors like Kamala Harris, Gretchen Whitmer, and Gavin Newsom, to reinvigorate the party.
How to file ITR-2 form: ITR-2 can be filed using the income tax department's Excel or Java programs, or online through the e-filing portal. Let's look closer at who should file ITR-2 and the important documentation required for filing.
The Relative Strength Index of the stock stood at 48.18 on Thursday.
The 30-share BSE Sensex was down 256.04 points at 79668.73
The maximum outlay under the second tranche is Rs 2,220 crore. The total bids received were for 2,847 MW against the offered capacity of 1,500 MW.
Chakri Lokapriya of RSB LLP discusses competition affecting paint stocks, HPCL, and BPCL facing deregulation challenges, and IT sector issues. Reliance's Jio listing may unlock value. Yes Bank is risky despite Moody's upgrade. Dr. Reddy’s OTC acquisition boosts earnings. Textiles, major earnings upgrades are uncertain. Glenmark and life sciences interest noted with OFS.
The Indian rupee held steady against the U.S. dollar amidst rising Asian currencies. Market awaits U.S. inflation data and Fed officials' remarks. Volatility expectations decrease with rupee trading in a narrow band.