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«Although intermittent volatility cannot be ruled out, we expect the market to see a gradual up move with sectorial rotation, supported by rising hope of the US rate cut and FIIs turning buyers,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

«Till now as well the larger focus is on the insurance space and whenever the opportunity is available in the insurance companies, definitely the buying is emerging into them,» says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd. What is it that you are feeling about the market? Is it showing any signs of a fatigue? I mean, when you look at some of the individual high HNI concentrated names and the kind of fall that they have had from their previous peak, some of them are down even 30 odd percent or so. What is the feeling that you are getting about the market right now? Deven Choksey: Overall, I think the market direction is very-very clear. Anything which is available at a comfortable discounted valuation, as I call it as, the market is not waiting for latching onto that kind of an opportunity. So, obviously, the important aspect here would be to buy on dips, that is very-very clear and obvious. Now, where the actions are being centred at this point of time, our understanding is that the majority of the interest continues to remain in the BFSI space.

Sony has decided to take its recently launched online shooter, Concord, offline. The game, which was released exclusively for PlayStation 5 and PC, faced challenges in attracting players. It led to this decision just two weeks after its launch.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

real-time basis amid a spike in banking frauds, people familiar with the developments said. The list includes lawyers, builders, and gold loan appraisers among others colluding to secure loans through fraudulent means, they said. «The issue was discussed at a meeting (last month) with the Advisory Board for Banking and Financial Frauds (ABBFF), and it was decided that it will be made mandatory for the lenders to check this list before dealing with such entities and further update it on a real-time basis,» a senior bank executive told ET. He said the list is likely to be expanded as banks comply with the latest guidelines on fraud classification issued by the Reserve Bank of India (RBI) on July 15.

Atlas Cycles, Salil Kapoor, has allegedly committed suicide at his home in Lutyens Delhi on Tuesday. Police officials reported that Kapoor's body was discovered around 1 pm near the puja room of his house on Dr A P J Abdul Kalam Road by his manager with a gunshot wound. A note recovered at the scene mentioned a «financial burden» as the reason for his actions. According to police, Kapoor shot himself in the head using a licensed revolver. His family, including his wife and three children, were staying separately at the time. Kapoor's manager and his family lived with him in the three-storey building. «Kapoor was immediately rushed to a hospital where doctors declared him dead,» said a police officer.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Mint has reviewed the company’s policy. According to the policy named “Rhythm," employees are categorised into three sections - those who have to work from the office five days a week, those who work at client office locations, and those with a hybrid work setup who have to work from an LTIMindtree location for at least two days a week. Employees are mapped into these categories based on the nature of the work and business requirements.

Amid growing concerns about potential downturns for major cryptocurrencies like Solana (SOL) and Ethereum (ETH), investors are increasingly turning to DigiHorse (DIGI) as a safer and more promising alternative.

The application said that duty personnel are facing a lot of difficulties in performing duties due to non-availability of accommodation, security gadgets and paucity of transportation. Centre, in its application in the Supreme Court, was seeking direction to West Bengal to extend full co-operation to the CISF and ensure full compliance, in letter and spirit, of the order dated August 20 or face contempt proceedings for wilful non-compliance of the order.

This was almost threefold the five-year average level of share buybacks carried out by the company between 2019 and 2023, according to recent data from the £13.3bn investment trust giant. In 2021, the trust set a record for buybacks, repurchasing nearly £467.6m of its own shares while also issuing £525.6m during the same period. SMT's Stewart Heggie: 'How long do you let the discount go on without taking concerted action?' Earlier this year, Scottish Mortgage made at least £1bn available to buy back its shares in an effort to narrow its then widening discount. The £1bn package w...

GST Network will launch the Invoice Management System (IMS) from October 1 which will facilitate taxpayers in matching their records/invoices vis-a-vis issued by their suppliers for availing the correct Input Tax Credit (ITC). In an advisory to Goods and Services Tax (GST) payers, GSTN said to enable taxpayers to efficiently address invoice corrections/amendments with their suppliers through the portal, a new communication process called the IMS is being launched. «This will also facilitate taxpayer in matching of their records/ invoices vis-a-vis issued by their suppliers for availing the correct ITC,» GSTN said. IMS will allow the recipient taxpayers to either accept or reject an invoice or to keep it pending in the system, which can be availed later.

Nifty formed an Inside Bar pattern on the daily chart as it ended Tuesday’s trading session on a flat note as the index traded within the high and low range of the previous trading session. The near-term uptrend status of Nifty remains intact. Present range-bound movement could eventually result in an upside breakout of the hurdle at 25,400 levels over the period of time. A decisive move above this hurdle is expected to pull Nifty towards the next upside target of 25,800. Immediate support is at 25,100 levels, Nagaraj Shetti of HDFC Securities said.

Water-themed decor can be a bit kitschy, but for one of the sharpest legal minds with a brand-new address in posh Lutyens, it was a downright furnishing tragedy. One of Delhi’s recent downpours flooded the home, destroying furniture and art worth crores, leading to angry letters and furious calls to the guardians of the capital city, spurring immediate action. Tons of sludge had to be removed and blocked drains unclogged. Last heard, a high-powered committee has been set up to take stock of the fluid situation in this VVIP borough.

Karnataka government has officially declared dengue as an epidemic disease following a sharp increase in cases across the state. According to the Health Department, a total of 7,362 dengue cases have been reported from January to July this year, with seven fatalities recorded during this period.

Sunil Subramaniam, Market Expert, says that speculation is part of a healthy capital market. It is only when you have these speculative entities like these people come in, that there is liquidity in the market. But if you regulate them and take them out, overall as a market, the liquidity is going to shrink. Should the regulator step in on the valuations? Subramaniam thinks that is right because there is no golden rule on what should be the right valuation. The market is the best determinant. So, unless there is clear evidence of fraud, some price fixing, rigging, or some false news put across which makes the share price go up, Sebi shouldn’t put in any regulation. The SME market is almost like a casino now. It does not feel like a stock market. Sunil Subramaniam: I fully agree with you. The reason for this is also related to the rampant futures and options situation. Demat accounts are going up. Post-COVID, youth with a lot of time on their hands, armed with internet and technology hands, are treating the stock market like a gambling den. There are no two ways about it. We do not have other options for gambling. We can see similar kinds of success when it comes to Dream11 and those kinds of sports-related apps. Despite all Sebi restrictions, financial influencers (fin fluencers) play a big part. It is like a get-rich-quick scheme. Booking gains from these IPOs show their intent. They are not investors. They are speculators.

For decades, climate scientists have been warning governments—and society at large—about the impact of climate change, especially the increased frequency and intensity of a range of nature-related disasters. Today, we are witnessing these unfold as news media headlines scream, almost on a daily basis, about how climate change has exacerbated disasters.

rape and murder of a 10-year-old tribal girl in Balasore «very heart wrenching,» former minister and Biju Janata Dal (BJD) leader Pratap Keshari Deb said the law and order situation has "deteriorated" after the BJP came into power in the state. Speaking to ANI on Monday, Deb said «It is a very depressing and heart-wrenching episode that a minor girl has been raped and murdered. Last Saturday, we raised the issue from the opposition side, that after the BJP came into power, the law and order situation in the state has deteriorated.» Further, he said the BJP government needs to take action as here has been a «spurt of violence on communal lines» and a series of rape cases.

Legal & General Investment Management and Aviva Investors are among 80 institutions that have signed an open statement seeking an international framework and scientific panel to address the challenge of bacterial resistance around the globe. Antimicrobial resistance, also known as AMR, kills nearly 1.3 million people a year and occurs when germs become resistant to drugs. If left unchecked, it could lead to an estimated $1 trillion in additional healthcare costs by 2050, as well as a 3.8% loss of global gross domestic product and about 10 million deaths annually, according to a report published last month.

Mamata Banerjee government will table the anti-rape bill in the West Bengal Assembly on Tuesday. The proposed legislation seeks capital punishment for persons convicted of rape if their actions result in the victim's death or leave her in a vegetative state. Additionally, it stipulates a life sentence without parole for those convicted of rape and gangrape. Titled the 'Aparajita Woman and Child Bill (West Bengal Criminal Laws and Amendment) Bill 2024,' the legislation aims to strengthen protections for women and children by revising and introducing new provisions related to rape and sexual offences.