Obviously, there are other companies who are purely into EVs like Ola Electric, etc, where I would not be so bullish, I think they will continue to lose market share.
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A total of 136,261 shares changed hands on the counter till 10:40AM (IST)
The Nifty Auto index was trading 0.35 per cent at 22660.00.
The Philippine military plans to acquire the US Typhon missile system to bolster its archipelagic defense. The system, with a range of 300 miles, was initially deployed by the US for joint exercises but remained in the Philippines. This move has drawn criticism from China, which views the deployment as destabilizing to the region.
A total of 368 shares changed hands on the counter till 10:35AM (IST)
The Indian dairy sector, the largest in the world, is experiencing a surge in demand, driven by increasing health awareness and a growing preference for protein-rich diets, according to Akshali Shah, Executive Director of Parag Milk.
The financing arrives as global investors rush to capitalize on the booming data centre market in the Asia-Pacific region, driven by a sharp increase in demand for artificial intelligence services, despite rich valuations. The consortium includes Southeast Asia's largest lender DBS , HSBC, Deutsche Bank, ING, Natixis CIB, and Blackrock's Global Infrastructure Partners.
In the Indian context, we have had a growth slowdown due to various reasons, tight liquidity followed by various restrictions by the RBI on credit flow which obviously restricts economic growth, then the elections, heatwave, delayed monsoon, so I think there were a lot of factors at play and lower wage growth relative to inflation has also impacted consumer sentiments. Now, some of these things are likely to moderate in 2025.
A total of 5,141 shares changed hands on the counter till 10:30AM (IST).
Bengaluru, India's tech hub, faced a severe water crisis this summer due to a poor monsoon season and depleted groundwater. Residents relied on expensive water tankers, and fines were imposed for non-essential water use. The city's rapid, unplanned growth, including a 1,055% increase in built-up area, has led to a 70% decrease in water surface area, exacerbating the problem.
The Nifty Bank index was trading 1.05 per cent at 51293.00.
Jean-Paul Goude's influence is evident in both the original and recreated images.
A total of 38,288 shares changed hands on the counter till 10:25AM (IST).
In the last year, 10 of 11 NPS fund managers delivered returns of up to 30%. UTI Retirement Solutions led with 29.68%, followed by Tata, ICICI, and HDFC Pension Funds, showcasing strong growth in the National Pension System.
A Chhattisgarh man, Virendra Joshi, allegedly defrauded a state scheme for married women by opening an account in actress Sunny Leone's name. He received Rs 1,000 monthly deposits intended for the Mahtari Vandan Yojana beneficiaries. The fraud sparked political debate and prompted an official investigation.
Israeli intelligence officers revealed a decade-long operation involving exploding pagers and walkie-talkies targeting Hezbollah. The devices, sold deceptively through shell companies, detonated in September, causing casualties and sowing fear. The operation aimed to demonstrate Israeli superiority and deter future Hezbollah actions. Following the attacks, Israel launched airstrikes across Lebanon, leading to a ceasefire in November.
The NSE Nifty index was trading 173.16 points up at 23760.65
Delhi BJP leader Shehzad Poonawalla criticized AAP's Mahila Samman Yojana and Sanjiv Yojana. He called them election ploys. Poonawalla highlighted AAP's failure to address pollution, clean the Yamuna, and improve healthcare and education during their decade in power. Arvind Kejriwal announced the schemes, offering monthly payments to women and medical coverage for senior citizens. Registration for both schemes began today.
A total of 5,744 shares changed hands on the counter till 10:14AM (IST).
The Nifty IT index was trading 0.24 per cent at 43875.05.
Sectoral and thematic mutual funds saw record inflows in 2024, driven by strong performance in sectors like manufacturing and healthcare. Experts suggest investors monitor market trends or consider diversified funds due to the inherent risks of sector-specific investments. Numerous new fund offerings catered to the growing demand for these targeted investment options.