REC shares rise 0.52 per cent in Wednesday's trading session
The Relative Strength Index of the stock stood at 54.07 on Wednesday.
The Relative Strength Index of the stock stood at 54.07 on Wednesday.
The NSE Nifty index was trading 3.6 points down at 24695.25
Nucleus Software Exports' shares jumped 32% over two days to Rs 1,560, following an announcement about a board meeting on August 22 to consider a share buyback. This would be the company's second buyback since September 2021. The shares have seen a 264% rise over the last two years.
ITR refund: You won't get tax refund without verifying the filled up and submitted income tax return (ITR). As per CA Twinkle Jain, "If an ITR is not verified within this (the 30 day) period, it is considered invalid. This means that any tax refund claims associated with these ITRs will not be processed & the taxpayer may have to file the ITR again, resulting in a delay in the tax refund process."
Three officers from the Kolkata Police were suspended after incidents of vandalism at RG Kar Medical College and Hospital on August 15. The suspended officers included two assistant police commissioners. The incident happened during protests related to the alleged rape and murder of a woman doctor whose body was discovered on August 9 with severe injuries.
Promoters held 51.5 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 7.79 per cent and 2.38 per cent, respectively.
The Nifty Auto index was trading 0.07 per cent up at 25518.0.
In the early hours of Wednesday, heavy rain and gusty winds caused significant disruptions in several districts of Kerala. Trees were uprooted, affecting property, traffic, and power supply. Train services via Kottayam and Alappuzha were halted. Authorities warned of flooding and landslides. The IMD issued weather alerts for the state.
Earlier this month, Keystone Realtors reported a 45 per cent decline in its consolidated net profit at Rs 25.82 crore for the June quarter of this fiscal on higher expenses.
As of 30-Jun-2024, promoters held 46.86 per cent stake in the company, while FIIs held 9.51 per cent and domestic institutional investors had 7.24 per cent.
The 30-share BSE Sensex was down 16.79 points at 80786.07
A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment.
Ola Electric Mobility's shares increased 4.4% after the company received PLI certification for two more of its electric scooters. This approval came after the expiry of the FAME II subsidy, replaced by the Electric Mobility Promotion Scheme.
WiseTech Global's shares soared as much as 21.8% to their all-time high of A$114.990, and was among the top three gainers in the ASX 200 benchmark index. The company expects 2025 revenue to be between A$1.30 billion and A$1.35 billion, the mid-point of which is in-line with consensus.
In Yazd province, Iran, a bus accident claimed the lives of 28 Pakistani pilgrims and injured 23 others. The mishap, caused by a braking system defect, happened late Tuesday. The deceased include 11 women and 17 men. Pakistan's consular services are monitoring the situation, and seven injured remain critically wounded.
A total of 1,310 shares changed hands on the counter till 11:00AM (IST)
The 30-share BSE Sensex was down 21.1 points at 80781.76
Douglas Emhoff spoke at the Democratic National Convention, highlighting Kamala Harris's strength, empathy, and readiness to lead the nation. He shared insights about their blended family, her dedication to justice, and her fight against antisemitism, presenting her as a capable and determined leader for America.
The National Commission for Women has initiated an investigation after a report surfaced about the sexual abuse of 13 girls at a fake NCC camp in Krishnagiri, Tamil Nadu. The NCW instructed the police to conduct a thorough, quick investigation. The NCC denied any links to the incident, as no official camp was held in the area.
Long buildup happens with rising open interest, volumes, and stock prices, signaling a bullish trend. On Wednesday, five stocks saw new long positions. Here's the list.
Relocating isn’t just moving furniture, it is about ensuring cultural & lifestyle integration, says Interem Relocations.
A total of 5,079 shares changed hands on the counter till 10:56AM (IST).
As of August 20, futures open interest surged for four stocks in the NSE F&O pack, leading to a total increase of more than 8% compared to the previous trade.
The Nifty Realty index was trading 1.04 per cent down at 1041.4.