Share price of Avenue Supermart falls as Nifty weakens
A total of 14,407 shares changed hands on the counter till 02:04PM (IST).
A total of 14,407 shares changed hands on the counter till 02:04PM (IST).
Russia is keen to boost coal exports to India to meet the growing demand for the fuel, according to Deputy Prime Minister Alexander Novak. While China currently leads in Russian coal imports, India is expected to surpass it by the end of the decade as Beijing reduces coal usage for power generation.
Garmin and Apollo HealthAxis have partnered to bring advanced fitness tracking and personalized wellness programs to India. Garmin fitness trackers will be integrated with Apollo Health Plans, offering health monitoring and AI-powered health prediction. The collaboration also aims to improve healthcare in rural areas by combining Garmin's technology with Apollo's expertise.
Major cryptocurrencies, including Bitcoin and Ethereum, surged on Monday following robust U.S. labor market data, easing fears of a recession and reducing expectations for rate cuts. The global cryptocurrency market cap rose by 2.58%, reaching approximately $2.21 trillion over the last 24 hours.
Sanath Jayasuriya was appointed Sri Lanka cricket head coach on Monday, replacing Chris Silverwood who quit following the country's early exit from the T20 World Cup. Former Sri Lanka captain Jayasuriya was regarded as one of the greatest one-day international batsmen of all time and was pivotal in the 1996 World Cup victory.
The stock quoted a 52-week high price of Rs 494.85 and a 52-week low of Rs 230.75.
Amazon merges MX Player with miniTV to launch Amazon MX Player, creating one of India's largest free streaming platforms with over 250 million users. The service, featuring a diverse range of content, facilitates targeted advertising, aiding brands in reaching a large, engaged audience.
These are the companies which have seen different cycles at different points of time and maybe in different geographies as well. They generally have technological superiority over their counterparts. And also when you look at their financial profile, generally their ROE levels are much higher than the rest of the market.
Reliance Jio urges TRAI to reconsider its consultation paper on satellite spectrum pricing. Jio feels the paper overlooks the need for a level playing field between satellite and terrestrial networks. They also question the preference for administrative allocation of spectrum over auctions. Jio stresses that auctions should be the default method for spectrum assignment.
A total of 3,666 shares changed hands on the counter till 01:49PM (IST)
Unacademy has promoted Arooshi Singh to Head of HR after over 7 years of dedication and excellence. Additionally, cofounders Gaurav Munjal and Hemesh Singh will gain extra voting rights if the company forms an IPO committee by March 2025.
Maldives President Mohamed Muizzu, a pro-China leader is on his first bilateral visit to India since taking office, seeking to repair relations amid the country's ongoing economic crisis. His campaign previously focused on reducing Indian influence, but he has recently softened his stance, acknowledging India's potential support.
Maharashtra aims to become the first Indian state to produce 50% of its energy from non-traditional sources by 2030, according to Deputy Chief Minister Devendra Fadnavis. The state approved 20,000 megawatts of solar projects in two-and-a-half years, with Avaada Electro Pvt Ltd investing Rs 14,000 crore in a new facility in Nagpur.
On the technical charts, the 200-day moving average of the stock stood at Rs 2485.59.
Pakistani cricketer Raza Hassan is set to marry Indian woman Pooja Boman in January 2025. They got engaged in New York and plan to hold the wedding next year. Pooja will convert to Islam before the marriage. This joins a list of other Pakistani cricketers who married Indian women, including Shoaib Malik and Hasan Ali.
A total of 1,821,867 shares changed hands on the counter till 01:34PM (IST).
HeidelbergCement shares jumped 18% to a new 52-week high of Rs 257.85 on the BSE following reports that the Adani Group is in talks to acquire its Indian cement operations. The buyout, led by Ambuja Cements, is estimated to be valued at around $1.2 billion (Rs 10,000 crore).
A total of 195,001 shares changed hands on the counter till 01:28PM (IST).
Prime Minister Narendra Modi and Maldives President Mohamed Muizzu met to discuss rebuilding bilateral ties after tensions between the two countries. The talks emphasized key areas such as digital connectivity and economic cooperation. India continues to support the Maldives with budgetary assistance and infrastructure development, further cementing their longstanding relationship. Muizzu's visit is part of a broader effort to reset ties after his earlier anti-India stance.
Goldman Sachs lowered the chances of a U.S. recession to 15% due to positive job data. The unemployment rate dropped, and job gains increased in September. The Federal Reserve's rate cuts are also considered. However, concerns remain about rising bad debts in the motor-vehicle lending market, especially among subprime borrowers.
As assembly election results loom, Awami Ittehad Party President Sheikh Abdul Rashid urges the INDIA bloc, PDP, Apni party, and others to unite and refrain from forming a government until statehood is restored, emphasizing collective pressure on the Union government.
A total of 283,822 shares changed hands on the counter till 01:23PM (IST)
I am actually looking at largecap space, which is expected to do well, according to me, and I am also watching Nifty Metal space which has been consistently outperforming the market and the outperformance may continue.