India Financial News
10.04 / 05:19
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MCX share price jumps 6% after Motilal Oswal upgrades stock to ‘Buy’, sees 15% upside
₹3,958.00 apiece on the BSE. Motilal Oswal highlighted several near to medium-term drivers of volume growth for MCX such as new product launches – futures & options (shorter duration contracts), continued volatility in key commodity prices amid global uncertainties, and a rise in retail participation in the options market.
10.04 / 05:19
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Lok Sabha Elections 2024: BJP invites 25 foreign parties to witness campaigning, says Report
Bharatiya Janata Party – seeking a record third term under Prime Minister Narendra Modi in the seven-phase elections beginning April 19. The visitors are expected to observe the scale of the elections, billed as largest voting exercise in the world, and understand the ruling party’s campaign strategies, according to a report in the Indian Express. Follow Live Updates on Lok Sabha Polls 2024 Here As of now, the BJP has sent invitation to political parties of at least 25 nations who have been requested to send their representatives to witness the India’s electioneering.
10.04 / 05:19
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Paytm shares: FPIs, domestic investors, mutual funds raise stake in fintech major despite stock price erosion
One 97 Communications, the parent company of Paytm, shows that the holding of domestic investors has increased in the fourth quarter of FY24 driven by mutual funds along with new FPIs buying the stock. Mutual Funds have increased their stake in Paytm by 1.17% from 4.99% in the quarter ended December 2023 to 6.15% in the March 2024 quarter, led by investment from Mirae Mutual Fund and Nippon India Mutual Fund.
10.04 / 05:19
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Kandla Port: L&T, RIL to invest ₹1 lakh crore in green energy; Deendayal Port Authority allots 14 land parcels
Economic Times report. According to industry executives, the cumulative investment in these projects could reach up to ₹1 lakh crore, making it one of the largest investments in the green energy infrastructure space in India, added the report. Also Read | Indian Oil Corporation share price Today Live Updates: Indian Oil Corporation Stock Rises on Positive Trading Day The port authority had received expressions of interest for 14 land parcels of 300 acres each in October 2023, with each parcel earmarked for 1 million tonnes per annum (MTPA) of green ammonia production.
10.04 / 05:19
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IPL 2024: Will Rohit Sharma leave Mumbai Indian and join Delhi Capitals? Here's the truth
MI jumped up the points table and secured the 8th position. Earlier, there were also news that Rohit Sharma could be handed back the captaincy as the team saw back to back losses.
10.04 / 05:19
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Taliban to return of private land to Hindu, Sikh minorities in Afghanistan, says report
Time of India, these properties are being reclaimed from warlords associated with the previous Western-backed regime. It is to be noted that this initiative represents an important stride in addressing the injustices experienced by religious minorities in Afghanistan, who have endured displacement and marginalization for an extended period, according to a Taliban official.
10.04 / 05:19
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Top Stock Recommendations: Sagar Doshi of Nuvama recommends buying Indigo, SBI Cards, and Jubilant Ingrevia today
Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, began Wednesday's session on a higher note as metal stocks led the way ahead of of key macro data. The metal index climbed 1.5% and hit a record high as investors anticipated a rebound in demand following robust industrial data from the US and China. On Wednesday, the NSE Nifty 50 opened up 77.50 points, or 0.34%, higher at 22,720.25, while the S&P BSE Sensex opened up 270.26 points, or 0.36%, at 74,953.96.
10.04 / 05:19
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Best mobile phones under ₹20,000 in India (Apr 2024): iQOO Z9 5G, Realme Narzo 70 Pro 5G and more
₹20,000: Priced at ₹19,999 for the 8GB RAM/128GB storage variant and ₹21,999 for the 8GB RAM/256GB storage variant, the iQOO Z9 5G boasts a 6.67-inch Full HD+ AMOLED display with a 120Hz refresh rate and 1800 nits peak brightness. It holds an IP54 rating, making it resistant to dust and splashes, suitable for light water exposure. Powered by the MediaTek Dimensity 7200 chipset and Mali-G610 GPU, it ensures smooth performance for graphics-intensive tasks.
10.04 / 05:07
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Stock market update: Nifty Auto index advances 0.03% in an upbeat market
Sona BLW Precision Forgings Ltd.(up 2.44 per cent), Bharat Forge Ltd.(up 2.05 per cent), Balkrishna Industries Ltd.(up 0.75 per cent), Tube Investments of India Ltd.(up 0.72 per cent) and MRF Ltd.(up 0.44 per cent) were among the top gainers.
10.04 / 05:07
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Is Eid 2024 today? Muslim in India to celebrate Eid on this date
Moon wasn't sighted. Key mosques in Delhi, Uttar Pradesh, and Karnataka confirmed this. Consequently, Eid al-Fitr will be observed in much of the country on April 11.
10.04 / 05:07
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India-Kazakhstan to strengthen counter-terror cooperation in backdrop of Moscow attacks
terrorism in South Asia. The meeting was significant in the backdrop of the recent terror attack in Russia that was carried out by extremists with Central Asian origins who may have been influenced by Pakistan-based seminaries. During the meeting that took place in Astana, both sides exchanged views on the terrorist threats in their respective regions, including State-sponsored, cross-border terrorism in South Asia, besides terror activities in the Afghanistan-Pakistan region.
10.04 / 05:07
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Stock market update: Fertilisers stocks up as market rises
Madhya Bharat Agro Products Ltd.(up 3.81%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 2.07%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.84%), Chambal Fertilisers & Chemicals Ltd.(up 1.46%), Madras Fertilizers Ltd.(up 1.21%), Sikko Industries Ltd.(up 1.20%), National Fertilizers Ltd.(up 1.08%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.03%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 0.84%) and Zuari Agro Chemicals Ltd.(up 0.72%) were among the top gainers.
10.04 / 04:13
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Stocks to Buy: Indian Hotels, Godrej Properties, Sobha among 9 mid cap picks by Motilal Oswal Financial Services.
Indian Hotels Company, Godrej Properties, Global Health, PNB Housing, Kirloskar Oil Engines, Cello World, Sobha, Lemon Tree Hotel, and JK Cement are among the top 9 midcap picks by Motilal Oswal Financial Services . Also Read- Expert view: General Election 2024 a major trigger, upside looks limited, says Sunil Damania FY24 witnessed a broad-based growth, with gains seen in all sectors and indices.
10.04 / 04:13
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PB Fintech share price jumps 7% to touch 52-week high on incorporation of subsidiary PB Pay
PB Fintech share price jumped over 7% to touch a 52-week high on Wednesday's trading session following the company's announcement on April 9 that it had incorporated its wholly-owned subsidiary PB Pay Private Limited. PB Fintech share price today opened at ₹1,350.50 apiece on BSE.
10.04 / 04:13
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Sensex Today Live Updates : Indices up at open; Sensex up 250pts, Nifty at 22,710; IT, Pharma, Health under pressure
BSE MidCap index gaining 0.38%, and the BSE SmallCap index gaining 0.38%. Sensex Today Live : 18 of the 50 stocks on the Nifty 50 were in the red, with losses led by Divi's Laboratories, HDFC Bank, Apollo Hospital Enterprises, Eicher Motors, and Sun Pharma, while gains were led by Tata Steel, Bharti Airtel, BPCL, JSW Steel, and Reliance Industries.Sensex Today Live : Only six out of the 30 stocks on the Sensex were down, with Sun Pharma, HDFC Bank, UltraTech Cement, TCS, Nestle India, and HUL in the red.
10.04 / 02:59
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T20 World Cup 2024 Squad: Mayank Yadav, Yuzvendra Chahal likely names | List of other probable players
NDTV has reported. Though the official names are yet to be out, here is the list of some probable players who can be included in the 15-member squad.
10.04 / 02:59
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Air India dealt blow as aircraft technicians plan strike
Air India Ltd. is mounting with aircraft technicians planning a strike later this month after its pilots voiced concerns last week about being overworked and underpaid. Technicians at AI Engineering Services Ltd. — a state-run maintenance, repair and overhaul firm and an erstwhile Air India unit — will strike on April 23 due to various issues affecting their “well-being” and “professional growth,” All India Aircraft Maintenance Engineering Union wrote in a letter dated April 8 to the chief executive officer. A representative for Air India said the situation is being monitored closely.
10.04 / 02:59
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Stocks to Watch: Paytm, Godrej Properties, RattanIndia, Protean eGov, Finolex
Paytm: One97 Communications, parent company of Paytm, saw its UPI market share fall to 9 percent in March, as per NPCI data. This is the lowest it has been in the last four years. This downturn is linked to the regulatory constraints placed on its associate, Paytm Payments Bank Limited (PPBL), by the Reserve Bank of India (RBI).
10.04 / 02:59
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10-year plan: Can the Indian rupee go global without 100% convertibility?
Last week, Prime Minister Narendra Modi asked the Reserve Bank of India (RBI) to prepare a 10-year strategy to make the Indian rupee a globally “accessible and acceptable" currency. Since the Indian economy is expected to be among the world’s three biggest national economies in less than a decade, with only China’s and America’s larger than ours, it is easy to grasp why such an aim might beckon. It’s more than a matter of prestige.
10.04 / 02:59
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Stock market today: Day trading guide for Nifty 50 to Sensex, six stocks to buy or sell today — April 10
Indian market today: The Sensex and the Nifty 50, key benchmarks of the Indian stock market, closed lower on Tuesday, April 9, following a surge to fresh record highs, as global cues remained weak. The Sensex commenced trading at 75,124.28, surpassing its previous close of 74,742.50, and attained a new peak of 75,124.28 during the session. However, it relinquished all gains and concluded the day down by 59 points, or 0.08 percent, settling at 74,683.70.
10.04 / 02:59
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Ola’s India refocus makes sense
Ride-hailing major Ola Cabs is set to withdraw from its three overseas markets of the UK, Australia and New Zealand by month end. As reported, the company has started sending users notifications on the service’s impending closure, with its Australian operations set to cease from 12 April.
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