The FBI issued a warning about foreign interference in the US election, particularly from Russia. They are spreading disinformation to undermine confidence and incite violence. Iran is also a threat, seeking revenge for the death of Qassem Soleimani. Meanwhile, voting has begun in Dixville Notch, New Hampshire, with the first votes cast.
India's Hindustan Petroleum Corp Ltd is boosting its crude oil imports. The company plans to increase its annual deal with Iraq to 100,000 barrels per day by 2025. This 43% increase is driven by the expansion of its Vizag refinery and the upcoming Barmer refinery, which will significantly increase its refining capacity.
Bitcoin’s market cap dropped to $1.358 trillion in the last 24 hours, with the cryptocurrency currently holding a 60% market dominance, as per CoinMarketCap. BTC’s trading volume also rose by 24% to $41.54 billion during this period.
A total of 20,749 shares changed hands on the counter till 01:53PM (IST)
New York drought watch: New York has been put under drought watch, the first one being issued by the city in over 20 years. New York mayor Eric Adams have urged residents to use water in a judicious manner and conserve it. This October was the driest month on record for the city after going 29 days without any measurable rainfall, the second-longest recorded dry streak.
A total of 109,857 shares changed hands on the counter till 01:49PM (IST)
US-based Axiom Space is considering Indian launch vehicles for its private space station project. The company is in talks with ISRO and Indian private space companies to potentially transport materials and diversify its supply chain. This follows a recent US-India space agreement and India's opening of its space sector to private companies, leading to increased funding for Indian space startups.
A Delhi court ruled in favor of a complainant seeking a refund for a wedding canceled due to the pandemic. The groom's family received a refund for the booking amount. The court also ordered the wedding venue to pay for legal fees and emotional distress. The wedding venue failed to appear in court or respond to the complaint.
A total of 1,563,452 shares changed hands on the counter till 01:42PM (IST).
Mazagon Dock Q2 Results FY 25: Mazagon Dock Shipbuilders recorded significant financial growth in the second quarter of 2024. The company's profit after tax soared by 75.7% compared to the same period last year. Revenue from operations also witnessed a substantial increase of 50.8%. This impressive performance was driven by a surge in EBITDA, reflecting the company's strong operational efficiency.
The Indian Olympic Association has sent a Letter of Intent to the International Olympic Committee, expressing its interest in hosting the Olympics and Paralympics Games in New Delhi.
It’s an incredibly exciting time for us. We’re positioned at the intersection of several high-growth sectors, and we’re looking at not just the next couple of years but one to two decades of growth, leveraging India’s consumption boom
India's stakes in the US elections are high, particularly in trade, technology, energy, and defence. If Donald Trump wins, US-India relations could shift as Trump seeks to enhance ties, despite past trade tensions. While his "America First" policy could challenge trade dynamics, it may open new opportunities, particularly under the "China Plus One" strategy, benefiting sectors like pharmaceuticals, textiles, and auto parts.
As of 30-Sep-2024, promoters held 51.89 per cent stake in the company, while FIIs held 17.25 per cent and domestic institutional investors had 11.92 per cent.
Addressing a rally in Koderma, Uttar Pradesh Chief Minister Yogi Adityanath accused the JMM-led Jharkhand government of supporting criminal activity and urged voters to elect the BJP for a safer state. He drew parallels with his own state, claiming similar actions against organized crime, and emphasized the BJP's commitment to security, women's empowerment, and youth employment.
The stock quoted a 52-week high of Rs 967.00 and a 52-week low of Rs 586.80.
Indian-American voters in the US presidential election are divided. Some support Trump for his economic and immigration policies, while others back Harris, drawn to her leadership. While some Indians resonate with Trump's emphasis on hard work and limited immigration, others believe Harris has run a strong campaign but hasn't fully introduced herself to America.
According to us, 24,100 is a level to track as a resistance. Once we see a decisive level above that, then we can say that there is a chance of trend reversal, but till then the trend will remain down only because if we go by the moving average setup also, Nifty is currently trending below 5, 10, 20, 50 and 100 days exponential moving averages and Nifty has never closed above its 10 days moving average since the starting of this correction which started actually from the month of October
The Karnataka High Court has issued a notice to Chief Minister Siddaramaiah and others in response to a petition seeking a CBI probe into alleged irregularities in MUDA site allotments. The Lokayukta police, who have already questioned Siddaramaiah's wife, have summoned the Chief Minister for questioning on November 6.
The stock traded at a P/E multiple of 14.43, while the price-to-book value ratio stood at 1.81.
Over the past 20 years, the scheme has delivered a 16.54% CAGR. Since its launch on November 3, 1999, it has achieved a CAGR of 15.52%. In the last decade, it has provided a CAGR of 15.57%.
Promoters held 52.63 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 21.23 per cent and 8.94 per cent, respectively.