United Spirits shares are close to an all-time high of Rs 1,682.45 due to consistent uptrend since November. Analysts recommend careful trading, suggesting profit booking and avoiding new long positions due to high Relative Strength Index. Traders are advised to buy on dips if the stock holds above Rs 1,450, focusing on support areas around Rs 1,550-1,600.
The International Crimes Tribunal has issued arrest warrants against former Prime Minister Sheikh Hasina and 10 others for extrajudicial killings and enforced disappearances. They must be produced before the tribunal by February 12. Hasina, currently in India, faces multiple court cases related to fatalities during her rule. Bangladesh has requested her extradition from India.
HMPV Symptoms: India has confirmed three cases of Human Metapneumovirus (HMPV) in Karnataka amid reports of an outbreak in China. Dr. Sivaranjani Santosh clarified that HMPV is not a new or mysterious virus, stressing the importance of awareness and vigilance.
What’s happening in one sector should not be taken as a sign of what’s happening in the market. But if it is banking and PSU banks that are under pressure, then the chances are high that the market might see more volatility in the short term. So, in the extreme short term, it would pay to be cautious and keep some powder dry and focus on buying for the long term. Our selected stocks for the day depict a strong upward trajectory in their overall average score which is based on five key pillars – earnings... Читать дальше...
Two cases of Human Metapneumovirus (HMPV) were detected in Bengaluru in infants with a history of bronchopneumonia. The Karnataka government is heightening surveillance and preparedness, reassuring the public not to panic. Precautionary measures, similar to those for COVID-19, were reiterated amidst a global concern due to an outbreak in China.
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A 23-year-old man named Tushar Singh Bisht has been arrested in East Delhi for defrauding over 700 women on dating apps. He posed as a US model to gain trust and later extorted victims using intimate content. The police apprehended him after a raid, recovering evidence of his crimes.
HMPV surge in China: China is dealing with an outbreak of respiratory illness- Human Metapnuemovirus (HMPV) which has raised concerns all over the globe, prompting its neighbouring countries to step up their surveillance. A video purportedly shows hospitals crowded in China amid flu outbreak, reminding users of the scary Covid-19 pandemic. India has reported three cases of HMPV.
Bengaluru-based Narayana Hrudayalaya surged 3.4% to Rs 1,355 on the NSE, while Rainbow Childrens Medicare gained 4% in intraday trade. Other hospital stocks, including Apollo Hospitals, Aster DM Healthcare, and Krishna Institute of Medical Sciences (KIMS), rose by up to 2% during the session, reflecting investor optimism in the healthcare sector.
Fabtech Technologies IPO has garnered strong demand, with overall subscriptions reaching 94.08 times by the second day. The company plans to raise Rs 28 crore through the IPO, offering shares at Rs 80-85. With a focus on cleanroom solutions for pharma, healthcare, and biotech sectors, Fabtech's financials show Rs 62.2 crore in revenue and Rs 5.4 crore in profit for FY24.
Gujarat Human Metapneumovirus Case: Gujarat has confirmed its first case of Human Metapneumovirus (HMPV), the third in India. Authorities are vigilant about respiratory illnesses. Two cases were earlier detected in Bengaluru. The Health Ministry reassures there is no need to panic. Kerala advises caution, particularly for the elderly, pregnant women, and children, amid reports of an outbreak in China.
The stock quoted a 52-week high price of Rs 298.45 and low of Rs 219.45.
Japan's Nikkei share average slipped more than 1% on the first trading day of 2025 on Monday as investors sold stocks after the index's year-end rally, overshadowing gains in chip-related stocks.
So, the view is if the market is going to be of a consolidation phase, then I would advise staying with the momentum. It will be better to be on slightly defensive bets or with the ones which have underperformed slightly last year.
Currently BIS hallmarking is mandatory for sale of gold jewellery in the country.
European shares opened higher on Monday, boosted by advancing technology and bank stocks in a week packed with economic data around the world including inflation readings in Europe and jobs data in the United States.
Arvind Kejriwal urged the Centre to take swift action against the HMPV virus outbreak, emphasizing early intervention. Two cases were reported in Karnataka, with the ministry monitoring the situation. The Kerala Health Minister advised caution, especially for vulnerable groups. HMPV mainly affects children and the elderly without causing a significant surge in cases.
Indian jute mills will earn an 8.19 per cent return on capital for supplying jute bags under the new pricing framework. This benefits mills, workers, and farmers, with prices rising 4-8 per cent. The new framework, applied from September 2016, encourages mills to modernize and innovate, aiming to increase the value of finished jute goods.
The retail segment of the issue saw 283x subscription, while non-institutional investors subscribed 212.5x on the final bidding day. Qualified institutional buyers subscribed 7.26x. Priced at Rs 57-Rs 61 per share, investors can bid for a minimum of 2,000 shares, requiring Rs 1.22 lakh. High-net-worth individuals must apply for at least 4,000 shares, amounting to Rs 2.44 lakh.
A total of 1,195,715 shares changed hands on the counter till 01:54PM (IST).