Algorithmic trading has transformed India's stock market since its introduction by SEBI in 2008, now accounting for 50-55% of all trades. While algos offer benefits like speed and reduced errors, they also pose risks such as algorithm errors, technology failures, and compliance.
Cab driver Sanjay Yadav saved a woman from jumping off Mumbai's Atal Setu sea bridge, catching her by the hair just in time. She was performing a ritual to immerse pictures of deities but panicked when she saw a traffic patrol van. Yadav's quick actions have made him a local hero.
The proceeds from the fresh issue for funding its capital expenditure requirements, acquisition of office premises at Navi Mumbai and general corporate purposes
ICICI Prudential Value Discovery Fund, India's largest value fund, marks 20 years with a 21.02% CAGR. It has significant AUM, outperforming Nifty 50 and proving value investing's effectiveness in India.
Mohammad Rizwan and Saud Shakeel's centuries helped Pakistan declare at 448 for 6 against Bangladesh in the first Test in Rawalpindi. Rizwan's unbeaten 171 is his highest score in Test cricket. Bangladesh reached 134-2 at lunch on the third day, with Shadman Islam scoring a resilient half-century.
As one after another more sectors get tailwinds of higher economic growth, there are many small and medium size companies making a comeback. A comeback on the front of real business and not only the stock market. A number of them are not names which are heard on the street every day, just because of the fact that they don't deal in consumer facing goods. So a company making graphite electrodes , abrasive or supplier of electromineral will not come to mind when it comes to performers in this bull run. Читать дальше...
Recent data shows easing inflation and a weakening job market in the US, pushing the Federal Reserve towards potential interest rate cuts. This move is likely to impact developing countries like India. Key economic data from the US and upcoming international PMI releases will shape global monetary policy expectations.
Jafer also touched on the broader implications of this rivalry for the crypto market as a whole. He predicted that the competition between Solana and Ethereum would drive innovation, benefiting the entire blockchain space. "Healthy competition often leads to better products and services
Mumbai has experienced the second highest increase in prime residential property prices globally, driven by growing demand. With a 13% rise, it follows Manila's 26% surge. Other Indian cities like New Delhi and Bengaluru also saw notable growth. The premium segment remains the main sales driver, reflecting increased affluence and lifestyle-oriented needs.
The stock traded at a P/E multiple of 36.29, while the price-to-book value ratio stood at 5.13.
A total of 4,538 shares changed hands on the counter till 02:04PM (IST)
Union Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect Taxes and Customs (CBIC) to proactively address doubts and concerns raised by the public and business community regarding taxes before they escalate into grievances.
Actress Mindy Kaling hosted Day 3 of the Democratic convention, highlighting Kamala Harris's Indian heritage through a cooking video. Kaling and Harris bonded over their immigrant mothers who served others. The event featured cultural references, emphasizing America's diverse heritage and multifaceted identities, promoting inclusiveness against insular rhetoric seen among MAGA Republicans.
Indigo has received the 'Award of Honour' at the Indo-US Tourism and Hospitality Summit for its significant role in the Indian aviation sector. IndiGo's Head of Global Sales, Vinay Malhotra, accepted the award from Attorney General R Venkataramani in New Delhi. The Summit, organized by the Indian American Chamber of Commerce, recognizes efforts in promoting travel and tourism.
Delhi Traffic Police discussed with NHAI various measures to ease congestion on national highway stretches within the city. Key suggestions included widening the road at Kalindi Kunj, shifting bus stops, installing speed cameras, and deploying traffic marshals. NHAI is expected to respond positively to these proposals.
A total of 185 shares changed hands on the counter till 01:59PM (IST).
A crore might seem a distant horizon for many, even for those earning Rs 1 lakh per month. But with financial discipline and a solid investment strategy, it’s attainable. Experts advocate systematic investment plans (SIPs) in equity mutual funds as an excellent investment tool for long-term wealth creation. Early starts and gradual SIP increase can speed up your dream of becoming a crorepati. ET Wealth Online outlines a roadmap to achieve Rs 1 crore with a monthly salary of Rs 1 lakh.
A total of 3,365 shares changed hands on the counter till 01:54PM (IST)
Gold reserves have been discovered in multiple districts of Odisha, including Deogarh, Keonjhar, and Mayurbhanj, according to Steel and Mines Minister Bibhuti Bhusan Jena. The Geological Survey of India found gold during a general exploration for copper ore. Steps are being taken to auction the blocks and conduct further surveys in other areas.
Reliance Retail and UK-based Clarks have ended their two-year partnership due to differences over terms. As a result, Clarks is closing its stores in India, including outlets in major cities. The brand's future plans in India remain uncertain as it explores new partnership options.
Remember to always dilute peppermint oil with a carrier oil and do a patch test before using it on your scalp.
The Paris 2024 Olympics captivated over 170 million viewers in India, achieving a record 1500 crore minutes of watchtime. Viacom18's extensive broadcast on JioCinema and Sports18 Network set new benchmarks with 20 concurrent feeds, including 17 sport-specific and 3 curated feeds, all in 4K.
The Relative Strength Index of the stock stood at 60.0 on Friday.
India might retract its $4 billion tax demand on Infosys following intense lobbying and industry backlash. The tax notice, targeting overseas offices for GST payments since 2017, contradicts India's policy on services exports. A formal decision is expected from the GST Council on Sept. 9.