Stock market update: Nifty Bank index advances 0.25% in an upbeat market
The Nifty Bank index was trading 0.25 per cent up at 52394.65.
The Nifty Bank index was trading 0.25 per cent up at 52394.65.
TCS partnered with Rolls-Royce to research hydrogen fuel systems for sustainable aviation, focusing on fuel combustion, delivery, and integration challenges. This is to address the aviation industry's goal of net zero carbon emissions by 2050. The collaboration leverages TCS's engineering expertise to support Rolls-Royce in achieving its technology ambitions for a greener future,. The partnership builds on their longstanding relationship and shared commitment to driving sustainable transformation across industries.
The creative field is evolving, with artistic and creative jobs becoming more lucrative thanks to digitalization and social media. Bengaluru tops the charts for influencer marketing job postings. Skills in content creation, multimedia, and content strategy offer ample growth opportunities. Overcome common pitfalls by linking creative work to business outcomes.
The stock quoted a 52-week high price of Rs 2843.0 and low of Rs 1763.25.
The 30-share BSE Sensex was up 76.59 points at 80681.24
The Congress urged the government to make MSP a legal guarantee, set it using the Swaminathan formula, and establish a commission to monitor farm loan waivers in the Union Budget. Criticizing the government's agricultural policies, Congress highlighted increasing farmer debt and inadequate MSP increases compared to inflation and input costs.
Three M Paper Boards listed at Rs 76 on the BSE SME platform, 10% above the Rs 69 issue price. Shares had a Rs 30 unlisted market premium and the IPO was subscribed 171 times. Funds will support new machinery, Ratnagiri plant upgrades, low-pressure boiler, working capital, and debt repayment; it makes biodegradable, recycled paper-based products for diverse industries.
Gold August and silver September futures opened flat, with prices dropping due to mixed U.S. economic data, dollar index rebound, and Fed rate cut uncertainty.
The stock quoted a 52-week high price of Rs 967.0 and a 52-week low of Rs 461.55.
The Nifty Pharma index was trading 1.21 per cent up at 20673.2.
Wipro's shares dropped by over 7% despite a 4.6% YoY rise in net profit for the quarter ended June 2024. The revenue from operations saw a 4% decline compared to the same quarter last year. Brokerages have mixed views on Wipro's performance and growth prospects.
When you are already doing so well, do not rock the boat? Swaminathan Aiyar says he expects that this Budget will be more of the same in practice. There may be some rhetoric on big changes to be made. When we are already in such a good path, why change it in any significant manner?
The Bengaluru-based company says its new SaaS platform BB Matrix has the potential to transform supply chain operations in many global markets.
A total of 2,999 shares changed hands on the counter till 10:30AM (IST).
Aelea Commodities shares listed on BSE SME at a 73.7% premium. The IPO, booked over 190 times, traded at a Rs 77 premium in the unlisted market. Proceeds will fund a new unit, plant setup, expenses, and corporate purposes. The company trades cashews and other commodities B2B, B2C, imports raw cashew nuts from Africa, and emphasizes customer satisfaction.
The 30-share BSE Sensex was up 124.5 points at 80729.15
Budget Session: Prime Minister Narendra Modi addressed the Parliament on Monday, marking the beginning of the Budget Session. He stated that the Union Budget, to be presented tomorrow, would outline a roadmap for the next five years.
As of 30-Jun-2024, promoters held 0.0 per cent stake in the company, while FIIs held 10.23 per cent and domestic institutional investors had 5.34 per cent.
The NSE Nifty index was trading 28.05 points up at 24558.95
According to data from stockedge.com on July 19, four stocks with market capitalizations exceeding Rs 5,000 crore were identified in the RSI Trending Up scan.
Fruit salad recipe: Best fruit salads for all seasons made with seasonal fruits
The Nifty IT index was trading 0.32 per cent down at 39795.9.
The stock quoted a 52-week high price of Rs 263.15 and a 52-week low of Rs 169.45.