Stock market update: Nifty Realty index advances 1.44% in an upbeat market
The Nifty Realty index was trading 1.44 per cent up at 1015.05.
The Nifty Realty index was trading 1.44 per cent up at 1015.05.
Jana Gana Mana, amar shonar bangla and more patriotic songs by Rabindranath Tagore
BTS's Jin has been named Gucci's global brand ambassador, joining other notable Korean celebrities. Gucci's creative director highlighted Jin's unique style and personality. Jin, who finished his mandatory military service in June 2024, recently walked as the Olympic torchbearer for South Korea during the 2024 Paris Olympics, where his participation was highly celebrated.
E-commerce major Amazon India said in a statement, more than 2,500 master weavers, co-operatives, artisans and government organisations under various ministries like Textiles, Cottage Industries, and Tribal Welfare, among others have been onboarded on Amazon. to sell online.
India's hockey team will face Spain for the bronze medal match at the Paris Olympics after a 3-2 defeat against Germany. The team has 8 gold medals in hockey, one silver, and three bronze. India's 44-year-old hunt for a gold medal continues as they failed to qualify for the final game. The team will aim to repeat Tokyo Olympics-like games and finish third at the 2024 Games.
A total of 59,258 shares changed hands on the counter till 11:11AM (IST)
China conducted a "combat patrol" near Scarborough Shoal testing troops' capabilities, claiming it was a joint patrol in the South China Sea to maintain regional stability. Beijing disputes the international ruling against its claims in the area, blaming recent confrontations with the Philippines on Manila. China asserts its actions in the South China Sea are legal and proportional to protect its sovereignty.
A total of 26,888 shares changed hands on the counter till 11:06AM (IST).
The brokerage believes that the Indian economy stands at a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy.
A total of 27,937 shares changed hands on the counter till 11:01AM (IST).
Lupin's consolidated net profit surged by 77% to Rs 801 crore in the first quarter ending June 30, 2024, fueled by strong sales performance. The company saw its total revenue climb to Rs 5,600 crore. North America sales grew by 28% to Rs 2,041 crore, and India sales increased to Rs 1,926 crore.
A total of 335,377 shares changed hands on the counter till 10:56AM (IST)
Vedanta's shares increased by 3% following its report of a 37% year-on-year growth in consolidated net profit, reaching Rs 3,606 crore for the first quarter. Revenue from operations grew by 6%, and EBITDA jumped by 47%. Analysts offered mixed views on the stock, with Nuvama recommending a buy and Motilal Oswal remaining neutral.
The Nifty Bank index was trading 0.57 per cent up at 50030.8.
In 2024, international mutual funds yielded an average return of 2.74%, underperforming across most categories. Out of 65 funds, only six saw double-digit gains. Mirae Asset funds led in returns, while some, like HSBC Brazil Fund, suffered losses. Experts advise careful diversification and increased cash holdings for investors.
A total of 3,150 shares changed hands on the counter till 10:51AM (IST).
Rajdarshan Ind, IFB Industries, Modison Metals, Shree Vasu Logistics and S P Apparels, hit their fresh 52-week highs at 10:49AM.
Akhilesh Yadav asked the government where is the money from the ever-increasing 'GST collection' going. "Does the government's claim of becoming a 'global economic superpower' mean that employees do not get their dues? The central government's refusal to pay 18 months DA arrears to central employees is, in a way, a denial of 'government guarantee'," Yadav said in a post on 'X'.
The stock quoted a 52-week high price of Rs 506.85 and a 52-week low of Rs 207.85.
The 30-share BSE Sensex was up 868.09 points at 79461.16
Fortis Healthcare posted a 40% increase in its consolidated profit after tax, reaching Rs 174 crore for the quarter ending June 30, 2024. The rise was driven by a strong hospital business. Revenue grew to Rs 1,859 crore, and the company is set to add nearly 700 beds this fiscal year while exploring more growth avenues.
SOM Distilleries and Breweries Ltd announced strong Q1 FY25 financial results with a 33% increase in total income to Rs 513.7 crore.
Bangladesh faced unprecedented law enforcement breakdowns after the fall of the Sheikh Hasina government, with attacks on over four hundred police stations. AIG A.K.M. Shahidur Rahman called for police to resume duties gradually. President Mohammed Shahabuddin dissolved Parliament and appointed Mohammad Yunus to lead an interim government. The Bangladesh Garment Manufacturers and Exporters Association urged factories to reopen on Wednesday to support the economy, focusing on worker safety amid the chaos.
A total of 42,008 shares changed hands on the counter till 10:40AM (IST).