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Jio Financial Services stock is likely to get excluded from the S&P BSE Sensex from today unless it hits the 5% lower circuit according to estimates from Nuvama. The stock, which hit yet another 5% upper circuit on multiple block deals in the opening trade, had ended with 5% gains in previous two trading sessions. The upper circuit is unlikely to have any impact on its exclusion from Sensex, the Nuvama report said. The day's high for Jio Financial shares stood at Rs 242.80 on the NSE and the stock witnessed strong volume action with 1.24 crore shares trading on the NSE after the block deal news was reported by ETNow. As per the Nuvama report, JIO’s 1.1% weight in Sensex 30 Index means passive selling may involve around 60 million shares, equivalent to roughly $180 million. Any decision on the deferment of exclusion will likely be announced by the BSE during market hours. As far as the Nifty indices are concerned, Nuvama does not see Jio getting deleted until «two consecutive days of the spun-off entity avoiding the price band (upper or lower)». Explaining it further, the brokerage said that no price band hit — upper or lower on Thursday and Friday will lead to exclusion on Monday September 4.

JB Chemicals & Pharmaceuticals Ltd, part of the pharma industry, has rallied more than 40% in just 3 months which pushed the stock to a fresh record high in August 2023, but the rally may not be over yet, suggest experts. The stock rose from Rs 2064 on May 26th, 2023 to Rs 2921 recorded on 28th August 2023 which translates into a rise of over 40% in 3 months. The stock hit a record high of Rs 2935 on 28th August 2023. Most of the technical indicators suggest that the rally is likely to continue.

Also Read:‘Joe Biden will lead US to World War III,’ Donald Trump calls him 'mental catastrophe' This correction results in a decrease ranging from $812 million to $2.2 billion annually, depending on the specific year. Notably, the largest discrepancy of $2.2 billion occurred in the year 2014, according to the state's findings.

Also Read: Chandrayaan 3: A glossary of words you need to know This year, the Sanskrit Diwas falls on Thursday, August 31. The purpose of this day's celebration is to raise awareness and advocate for Sanskrit, one of India's oldest and ancient languages. Here are 10 English words derived from Sanskrit.

Sensex ended 11 points higher at 65,087, while the broader Nifty inched up 4 points to settle at 19,347. Stocks that were in focus included names like GR Infraprojects, which rose 0.33%, BPCL, which fell 1.49%, and Hindustan Petroleum, whose shares declined 2.54% on Wednesday. Here's what Riches Vanara, Technical And Derivatives Analyst at StoxBox, recommends investors should do with these stocks when the ma The stock is trading in a symmetrical broadening wedge pattern on daily charts and seen reversing from lower end of the said pattern. The 14 period RSI is trading well above the 50 zone which confirms the momentum is intact. We recommend buying for targets of 1335 and 1380 with stops below 1240.BPCL — Buy The stock is trading in an ascending channel pattern and at current juncture price is at the lower end of the said pattern and we can expect a good bounce from hereon. The 14 period RSI is also seen reversing from its 50 zone, which confirms the price reversal.

Adani Group via «opaque» Mauritius funds that «obscured» involvement of alleged business partners of the Adani family, the Organised Crime and Corruption Reporting Project (OCCRP) said in an article on Thursday. Citing review of files from multiple tax havens and internal Adani Group emails, nonprofit media organization OCCRP said its investigation found at least two cases where the investors bought and sold Adani stock through such offshore structures. The OCCRP article comes after U.S.-based short-seller Hindenburg Research in January accused Adani Group of improper business dealings, including the use of offshore entities in tax havens such as Mauritius from where it said certain offshore funds «surreptitiously» owned stock in Adani's listed firms. Adani Group has called Hindenburg's claims misleading and without evidence and said it always complied with laws. Days following the January report though, Adani group stocks lost $150 billion in market value and remain down around $100 billion following a recovery in recent months after it repaid some debt and regained some investor confidence. In a statement to OCCRP, Adani Group said the Mauritius funds investigated by reporters had already been named in the Hindenburg report and the «allegations are not only baseless and unsubstantiated but are rehashed from Hindenburg's allegations.» «It is categorically stated that all the Adani Group's publicly listed entities are in compliance with all applicable laws including the regulation relating to public share holdings,» it told the OCCRP, according to the news article. Reuters has not independently verified OCCRP's assertions. Adani Group did not immediately respond to a Reuters request for comment on the OCCRP report.HINDEN

real estate business and his presidential tenure. During a private questioning in April, he asserted that his company has abundant funds and argued that he prevented a nuclear war, thereby saving countless lives.

Hulu has officially announced that «The Great» will not be returning for a fourth season. The show, which humorously reimagined the story of Catherine The Great, portrayed her as an optimistic young woman sent to Russia for an arranged marriage with the unpredictable Emperor Peter. The plot follows her journey as she attempts to bring about change in a corrupt and regressive world, involving tasks like eliminating her husband, challenging the church, outsmarting the military, and gaining the support of the court. Starring Elle Fanning as Catherine, along with Nicholas Hoult, Phoebe Fox, Adam Godley, Gwilym Lee, Charity Wakefield, Douglas Hodge, Sacha Dhawan, Sebastian de Souza, Bayo Gbadamosi, and Belinda Bromilow, the series gained a dedicated audience. The third season, released on May 12, continued the story by depicting Catherine and Peter (played by Hoult) agreeing to mend their relationship after Catherine's previous actions of imprisoning Peter's friends and attempting his murder. The season also focused on Catherine's struggle to win over the Russian people, while Peter dealt with personal struggles and memories of his late father (Jason Isaacs). Created, written, and executive produced by Tony McNamara, the show was co-executive produced by Elle Fanning, alongside Marian Macgowan, Mark Winemaker, Brittany Kahan Ward from Echo Lake, Doug Mankoff, Andrew Spaulding, Ron West, and Josh Kesselman from Thruline. The production was a collaboration between Civic Center Media and MRC Television.

Venice Film Festival commenced on Wednesday with the screening of "Comandante," an Italian WWII drama directed by Edoardo De Angelis, highlighting political themes. Despite the ongoing SAG-AFTRA strike in Hollywood, anticipation for this year's festival remained high. In the inaugural press conference, jury president Damien Chazelle and juror Martin McDonagh expressed their support for the ongoing writers' and actors' strikes in Hollywood. They wore shirts and pins displaying «Writers Guild on Strike.» Alberto Barbera, Venice chief, acknowledged the strike's promotional challenges but assured the presence of notable U.S. actors like Adam Driver for «Ferrari,» Cailee Spaeny, Jacob Elordi for Sofia Coppola's «Priscilla,» Caleb Landry Jones for Luc Besson's «Dogman,» and Jessica Chastain for Michel Franco's «Memory.» However, Hollywood stars were absent on the Lido red carpet, where fan excitement centered on jurors Damien Chazelle and Jane Campion. The highlight of the event, led by Italian actor Caterina Murino, was when Charlotte Rampling presented Liliana Cavani with the Golden Lion for Lifetime Achievement. Cavani, famed for the 1974 film «The Night Porter,» received the award for her impactful career. Cavani, now 90, also presented her latest film «The Order of Time,» based on Italian physicist Carlo Rovelli's book, in an out-of-competition screening. Italian A-lister Pierfrancesco Favino took the spotlight in «Comandante,» portraying naval commander Salvatore Todaro. The film depicted Todaro's heroic actions during WWII, sinking a Belgian merchant ship and rescuing its crew against orders. The Venice Film Festival will continue until September 9.

Extending the life of Origin Energy’s 2800-megawatt Eraring coal-fired power station in NSW by two years would significantly ease pressure on the electricity grid, according to modelling done by the Australian Energy Market Operator.

air pollution, according to the Air Quality Life Index report of the Energy Policy Institute at University of Chicago. Delhi residents are most at risk. They’re losing 11.9 years to the capital’s pollution levels exceeding the safety limit prescribed by the World Health Organization (WHO).

East Bengal's remarkable victory against NorthEast United FC in the Durand Cup semifinal was overshadowed by allegations of racism, with the visiting team fans reporting instances of racial slurs and being targeted with stones and slippers during the match. The 16-time champions exhibited one of the greatest comebacks as they overturned a two-goal deficit in the last two minutes and secured a thrilling 5-3 victory in penalties to make the Durand Cup final after 19 years. However, the scenes that unfolded after the match painted a grim picture as the NEUFC fans, numbering about 100-odd, claimed that the supporters of the Red and Gold brigade aimed projectiles and slurs at them. The match witnessed an attendance of about 22,000-plus spectators. Such was the condition that immediate intervention by the Indian Army and local police was required to ensure safe exit of NorthEast United FC supporters. However there has been no official complaint regarding the alleged incident as yet.

airport, was a reminder of the difficulty U.S. companies face. Chinese airlines resumed flights with the 737 MAX in January, but the simmering U.S.-China trade dispute has limited deliveries to a handful of other Boeing aircraft in recent years and all but halted new orders.

Uttar Pradesh government will establish colonies if people living in embankment areas affected by floods wish to relocate, Chief Minister Yogi Adityanath said on Wednesday. He also assured the flood-affected people of Barabanki and Gonda districts that the state government is providing assistance and relief to them. According to a statement issued in Lucknow, Adityanath conducted both aerial and on-ground surveys of the flood-affected areas of the two districts and reviewed the relief and rescue operations. «Those who are living in embankment areas, if they wish to relocate to safer areas, arrangements will be made.

Criminals in England and Wales may soon find themselves with a critical decision to make: attend their sentencing hearings or face the consequence of an extended stay behind bars. The British government has revealed plans to implement a law that mandates criminals to be present in court during the pronouncement of their sentences. This initiative is aimed at reinforcing the importance of justice delivery and accountability within the judicial system.

Nobel laureate Professor Muhammad Yunus, more than 170 global leaders, including former US president Barack Obama, have urged Bangladesh Prime Minister Sheikh Hasina to suspend all legal actions against the pioneer of microfinancing. Yunus, 83, won the Nobel Peace Prize in 2006 for his anti-poverty campaign, earning Bangladesh the repute of being the home of microcredit through his Grameen Bank, which he founded in 1983. More than 170 global leaders and Nobel laureates wrote an open letter to Prime Minister Hasina, urging her to suspend legal proceedings against Yunus. The signatories included Obama, former UN Secretary-General Ban Ki-moon, former US Secretary of State Hillary Clinton and more than 100 Nobel laureates. «One of the threats to human rights that concern us in the present context is the case of Nobel Peace Prize laureate Prof.

(Reuters) — The Federal Reserve has issued a slew of private warnings to lenders with assets of $100 billion to $250 billion as part of increased efforts to tighten supervision, Bloomberg News reported on Wednesday citing people familiar with the matter.

(Reuters) -United States Commerce Secretary Gina Raimondo has said U.S. companies have raised concerns that China has become «uninvestible», pointing to fines, raids and other actions that have made it too risky to do business in the world's second-largest economy.

Here's how analysts interpret the market pulse: «Positive sentiment initially propelled domestic equities, buoyed by softer US labor market data that caused a retreat in US bond yields, alleviating concerns about rate hikes. This positive outlook was reinforced by Chinese banks' move to reduce existing mortgage rates, favorably impacting Indian metal stocks.

Haryana «avoided discussion» on issues raised by the opposition in the state assembly, including the Nuh violence, Congress leader Bhupinder Singh Hooda said on Wednesday. Communal clashes had erupted in Nuh and its adjoining areas after a Vishva Hindu Parishad (VHP) procession was attacked by a mob on July 31 leading to the death of six people, including two home guards and a cleric. «They (the government) avoided discussion when we raised law and order matters, including the Nuh incident.

Congress leader and MP Adhir Ranjan Chowdhury from the Parliament's lower house has been revoked, as per a letter issued by the Lok Sabha Secretariat on Wednesday. «The suspension of Shri Adhir Ranjan Chowdhury, MP from the service of the House which was effected on 10.08.2023 till the submission of the report by the Committee of Privileges, has been revoked with effect from 30.08.2023,» the statement read. The Lok Sabha during the monsoon session suspended Congress floor leader Chowdhury for comparing a fugitive businessman with Prime Minister Narendra Modi. Parliamentary affairs minister Pralhad Joshi moved a motion for Chowdhury's suspension, after the trust vote, and the Lok Sabha passed it by a voice vote. The Opposition had walked out before the conclusion of the trust vote.