Silicon Valley venture capitalists are divided over support for presidential candidates, with some backing Trump and others endorsing Kamala Harris. This public split highlights differing views on policies affecting tech innovation and startup conditions. The debate has moved from private discussions to public platforms, reflecting the industry's political diversity.
Brokerage firms BofA and Nomura have given buy ratings to HUL and Macrotech Developers, respectively. CLSA has an outperform rating on Axis Bank, while UBS has a sell view on Hero Motocorp. These recommendations highlight potential growth areas and strategic focuses for each company.
The strong strangle strategy is an options trading method where an investor buys both an out-of-the-money (OTM) call option and an OTM put option on the same asset, with the same expiration date. This strategy is designed to capitalize on significant price movements in either direction. The strategy is called "strong" when the options are positioned far from the current price. This setup lowers the cost of the strategy while still allowing for potential profits if the asset undergoes considerable volatility.
Apollo Tyres Ltd. key Products/Revenue Segments include Tyres, Tubes & Flaps, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.
KEI Industries Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 40080.73 Crore) operating in Cables sector.
JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 233430.81 Crore) operating in Metals - Ferrous sector.
According to stockedge.com's technical scan data, in the Nifty200 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on September 13.
Hindustan Unilever Ltd., incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 689123.37 Crore) operating in FMCG sector.
The strongest typhoon to hit Shanghai since 1949 made landfall early Monday, leading to the evacuation of over 400,000 people. Flights, ferries, and train services were suspended during China's Mid-Autumn Festival. Authorities expect the typhoon to affect nearby provinces Zhejiang, Jiangsu, and Anhui. Emergency responders are on hand to provide aid.
Godrej Agrovet Ltd. key Products/Revenue Segments include Animal Feed, Oil Vegetable, Crop Protection, Others, Other Operating Revenue for the year ending 31-Mar-2024.
NMDC and 38 other companies have set September 17 as the record date to determine shareholders eligible for dividend payments. Today is the last day to buy shares of these companies to qualify for dividends. Investors must purchase shares at least one day before the ex-date to be eligible for dividends.
Arkade Developers IPO: The issue involves a fresh equity sale totaling Rs 410 crore. The public offering allocates approximately 50% to qualified institutional buyers, 35% to retail investors, and 15% to non-institutional investors. In the unlisted market, the company's shares are trading with a Grey Market Premium (GMP) of Rs 70, reflecting a 54% premium over the issue price.
A Hong Kong man has pleaded guilty to sedition for wearing a T-shirt with a protest slogan, marking the first conviction under the city's new national security law. Chu Kai-pong was arrested in June and faces up to seven years in prison. The case highlights concerns over the law's impact on freedom of speech.
While speaking to on Sunday evening, Surat Police Commissioner Anupam Singh Gehlot said that the police have made a lot of preparations as processions will be taken out on Monday on the occasion of Milad-Un-Nabi and Ganesh idol immersion processions to be held on September 17.
Northern Arc Capital IPO: The initial public offering (IPO) of Northern Arc Capital will be available until September 19. The company has secured Rs 228 crore from anchor investors prior to the issue. The price band for the shares is set between Rs 249 and Rs 263, with investors able to bid for 57 shares per lot.
Donald Trump Assassination Attempt: President Joe Biden expressed relief after an alleged assassination attempt on former President Donald Trump near his golf club in West Palm Beach. The FBI is investigating the incident, and a suspect is in custody. Biden commended the Secret Service for their vigilance and emphasized that there is no place for political violence in the country.
Donald Trump survived another assassination attempt in Florida, with the FBI confirming he was safe. Elon Musk questioned why Biden and Kamala Harris are not being targeted. The suspect, armed with an AK-47 style rifle, escaped but was later apprehended. This marks the second attempt on Trump in recent months.
Kempegowda International Airport has started mandatory monkeypox testing for international passengers after the first case was detected in Delhi. Around 2,000 passengers are being tested daily. Infected individuals will be isolated and quarantined for 21 days. The airport has set up screening, testing, and tracking systems to prevent the virus from entering Karnataka.