Canara Bank shares decline 3.48% as Sensex slides
A total of 1,521,228 shares changed hands on the counter till 01:18PM (IST)
A total of 1,521,228 shares changed hands on the counter till 01:18PM (IST)
European stocks slipped on Monday as the initial euphoria over strong U.S. jobs data last week faded and rate-sensitive sectors such as real estate and utilities came under pressure from higher bond yields.
As of 30-Jun-2024, promoters held 43.92 per cent stake in the company, while FIIs held 13.67 per cent and domestic institutional investors had 1.11 per cent.
Japan's government acknowledged editing an official photo of the new cabinet after internet users mocked their unkempt appearance. The changes aimed to improve the presentation of Prime Minister Shigeru Ishiba and Defence Minister Gen Nakatani. Government spokesman Yoshimasa Hayashi defended the practice, calling it customary. Similar incidents involving photo manipulation have occurred globally.
Criminal networks in Southeast Asia are using Telegram for large-scale illicit activities, says a UN report. The app allows trading of hacked data and tools for cybercrime. Telegram's boss was charged in France for this. The report highlights how criminals have innovated with new technologies, including malware and deepfake software.
BP has scrapped its 2030 oil and gas production cut target under CEO Auchincloss, opting to focus on profitable oil and gas investments in the Middle East and Gulf of Mexico to restore investor confidence. The company continues to aim for net zero emissions by 2050.
Niranjan Avasthi from Edelweiss MF notes positive inflows in their Greater China Offshore Fund. Investors are now showing confidence in China's consumption, technology, and carbon neutrality sectors. Both tactical and strategic investments are on the rise, as recent Chinese economic measures seem to be persuading sceptical investors to invest in China.
Evonith Steel has secured Rs. 1700 crore from multiple banks, including Standard Chartered and JP Morgan, to repay existing creditors and extend debt maturities. Acquired by UK-based Nithia Capital in 2021, Evonith has an annual capacity of up to 1 million tonnes of crude steel.
A total of 9,171 shares changed hands on the counter till 01:07PM (IST)
The Directorate General of Civil Aviation (DGCA) has issued an advisory for operators of Boeing 737s equipped with Collins Aerospace SVO-730 rudder rollout guidance actuators due to safety concerns regarding potential jammed or restricted rudder control systems. This follows a recent US NTSB Aviation Investigation Report highlighting these issues.
Mumbai’s first underground Metro corridor, the aqua line's phase-1 from Bandra-Kurla Complex (BKC) to Aarey, opened to the public. Services will run from 6.30 am to 10.30 pm on weekdays and from 8.30 am to 10.30 pm on Sundays. The minimum fare is Rs 10, and tickets can be booked via multiple options.
A total of 6,086 shares changed hands on the counter till 01:02PM (IST).
Two underage girls from West Bengal were lured and trafficked through social media, later rescued by NGO Shakti Vahini in Delhi. The traffickers gained their trust by pretending to offer love and marriage. Increased awareness and education on cyber-enabled human trafficking is essential to combat this issue.
The Relative Strength Index of the stock stood at 28.88 on Monday.
Elon Musk's Elon's America PAC is offering $47 to registered voters who refer others to sign a petition supporting the First and Second Amendments. The goal is to get one million signatures in key swing states by October 21. Musk claims Trump is essential for preserving democracy and criticizes Democrats for threatening free speech and gun rights.
India's domestic air passenger traffic is expected to reach 300 million by 2030. Around USD 11 billion is being invested in airport development. India plans to develop around 200 more airports in the next 20-25 years. Currently, there are 157 operational airports. The number is expected to reach 200 by the end of 2025.
AAP leader Arvind Kejriwal stated that "God is with the Aam Aadmi Party" and urged party members not to fear amid ongoing searches by the Enforcement Directorate (ED) linked to Rajya Sabha MP Sanjeev Arora in a money laundering investigation. During a press conference, Kejriwal accused the BJP-led central government of targeting his party through its agencies under the guise of a corruption probe.
Atos, which is undergoing restructuring proceedings after it reached a deal with its main creditors earlier this year, secures communications for the French military and secret services and manufactures servers to make supercomputers.
The Relative Strength Index of the stock stood at 37.96 on Monday.
A viral video shows a monkey hugging a woman singing 'Hare Ram, Hare Krishna' bhajan at a restaurant in Badrinath. The video received 1.3 million views on X and was praised by viewers. Many commenters appreciated the serene interaction and the monkey's response to the spiritual chants.
Congress leader Pawan Khera explained the party's procedure for selecting a Chief Minister amidst speculation in Haryana, stating the Congress Legislature Party (CLP) meets and informs central leadership, which then consults and decides. Exit polls predict a significant victory for Congress in Haryana.
A total of 20,909 shares changed hands on the counter till time (IST).
Nestle India's chairman and managing director Suresh Narayanan will retire on July 31, 2025. Manish Tiwary, currently with Amazon, will succeed him as managing director from August 1, 2025. Narayanan is credited with reviving Maggi noodles following a crisis in 2015.
More than the Nifty and Sensex taking a beating, what is worrying is that market breadth across different segments is negative. The risk of the situation getting worse if the indices remain under pressure is high. Also, with valuations being on the higher side, any recovery in the market may take a while. Now, with the Q2 earning season set to start in the next few days, we may see the street punishing any disappointment in earnings numbers. So, be cautious and selective when putting in fresh money. Читать дальше...