Booking Financial News

Reliance Industries, on Tuesday, continued to rally for the second straight day today taking it within kissing distance of its all-time high level of Rs 2,856.15 touched on April 29, 2022. During the day, RIL shares touched a new 52-week high of Rs 2,764.50 after ending Monday's session with a jump of 3.78%. Up over 17% in the last 3 months, Reliance stock has had a good run for the past few weeks but is still trading in a broad-based consolidation range, which will break out only above Rs 2,850 level.

Q1 results 2023: First quarter results season for the financial year 2023-24 kickstart this week, however Dalal Street is eagerly waiting for 12th July 2023 when IT giants Tata Consultancy Services (TCS) and HCL Technologies will declare their Q1FY24 results. On the following day i.e. on 13th July 2023, Wipro would declare its Q1 earnings for the financial year 2023-24.

Athena Home Loans – the start-up mortgage lender attempting to challenge the dominance of the major banks by offering lower rates to good borrowers – is raising $20 million from existing investors using a funding mechanism that lets it keep its valuation in a falling market.

₹1,350 crore, which would have come from a new issue for ₹750 crore and an offer for sale (OFS) by its the owner Utkarsh Coreinvest for ₹600 crore. However, it submitted amended draft papers for the IPO with SEBI in August 2022 and reduced the issue size by 63 percent to collect ₹500 crore through the IPO. Initially, the lender intended to raise ₹1,350 crore through the IPO.

₹10 lakh to ₹20 lakh vehicle category for the financial year 2022-2023. The company has reportedly become the number one player in the segment. As reported by Autocar India, the company’s market share rose to 22% in the first quarter of FY24 (April-June 2023), thanks to more demand for its premium SUVs.

Medical imaging business CurveBeam AI, which has assembled an impressive register via its pre-IPO rounds, opened the books on an initial public offering on Tuesday.

«You have seen a lot of stock rotation and sector rotation in the recent past and therefore, the baton is being passed from time to time to various stocks and various sectors,» says Gautam Shah, Goldilocks Premium.You are not expecting any fireworks on the index. So do you think that given that we have already popped the bubble, now it is time for a bit of consolidation and that is perhaps inevitable?I think we are seeing fireworks in stocks. I think that is really the best way to describe the markets in the last couple of months.

Interest rate on Sukanya Samriddhi is set by the government along with other small savings schemes. For the quarter July-September 2023, the government has kept the rates unchanged at 8% calculated on yearly basis ,yearly compounded. The interest will be calculated for the calendar month on the lowest balance in the account between the close of the fifth day and the end of the month. Interest shall be credited to the account at the end of each Financial year.Features of SSY The annual minimum investment is Rs 250 while the annual maximum investment is Rs 1,50,000. The tenure of SSY is 21 years. Under Section 80C, the principle deposited, interest generated during the whole term, and maturity benefits are all tax-exempt. Anywhere in India, from one post office or bank to another, the account can be transferred. Even after maturity, if the account is not closed, interest is paid. You Might Also Like:Small s

Darsi when the APSRTC bus in which nearly 45 persons were travelling fell into the NSP canal, resulting in the death of five women, a six-year old girl and a man, police said. The mishap took place on the outskirts of Darsi when the driver of the RTC bus carrying the marriage party plunged into the canal while trying to avoid a private bus coming in the opposite direction, Prakasam district superintendent of police Mallika Garg told PTI. The bus also hit a pole before falling into the canal, Garg said.

UPL share price touched new 52-week low and was down nearly 2% on Tuesday's trading session. The stock was one of the top losers in the Nifty 50's with 2.16% decline. UPL shares opened at intraday high level of ₹659.90 apiece on BSE.  Analysts claim that the street is anticipating poor performance in Q1 FY24 due to the severe headwinds the agrochemical business is experiencing in both domestic and international markets.

₹1114.45 apiece in NSE, logging around 18 per cent loss from its life-time high of ₹1343.95 apiece. So, after bumper listing on Friday, this drone maker company's share price has fallen around 18 per cent that may attract bargain hunters of Indian stock market.

Rolling Stones drummer Charlie Watts will go under the hammer in a two-part sale in September, auction house Christie's said on Monday. 'Charlie Watts: Gentleman, Collector, Rolling Stone — Literature and Jazz' will feature more than 500 lots, with price estimates ranging from 800 pounds to 300,000 pounds ($1,023 — $383,730). Among the highlights is a copy of 'The Great Gatsby' by F.

mutual funds rose to ₹8,638 crore in June, higher than May's ₹3,240 crore. Investors have been allocating more to small- cap funds in the last three months as they believe they will benefit the most as economic growth picks up. Investors continued to stagger their long-term investments using systematic investment plans (SIPs) with collections at ₹14,734 crore marginally lower than the previous month's ₹14,749 crore. Due to a rise in equity markets and inflows into equity schemes, assets under management (AUM) of the industry touched ₹44.82 lakh crore.

equity market is likely to open on a cautiously optimistic note on Tuesday following similar moves in Asian peers amid marginal gains in the US markets ahead of the key inflation data. Trends on GIFT Nifty also indicate a mildly positive start for the broader index. The Gift Nifty was trading 31 points, or 0.16%, higher at around 19,487.50 level.

Buy or sell stocks for today: After trading range-bound for the entire Monday session, Indian stock market ended mixed as Nifty and Sensex finished with some marginal gains while Bank Nifty closed lower. NSE Nifty ended 24 points higher at 19,355 while BSE Sensex closed 63 points higher at 65,344 levels.

Visitors to Disney theme parks this summer are encountering something they haven’t seen in a while: elbow room. Travel analysts and advisers say traffic to Disney’s U.S. parks, and some rival parks, has slowed this summer.

Ryan Reynolds just released a first look of his film Deadpool 3, with a picture of Hugh Jackman as X-Men’s Wolverine and himself as Deadpool. Hugh Jackman returns as Wolverine in Deadpool 3, and fans have been excited ever since Reynold’s video announcement of the same in September 2022. On July 10, 2023, Ryan Reynolds posted a picture of Deadpool and Wolverine from Deadpool 3 on his Instagram stories. In the photo, the two superheroes are seen walking together facing the camera. “Don’t blink,” wrote Reynolds in his story, with emojis of Deadpool and Wolverine. In the picture, Deadpool is walking on the left of the camera, while Wolverine is walking on the right.

US Embassy in India on Monday announced that VFS Global will be temporarily closed for the visa application processes — appointment booking, calls, and fee payments from July 12 to July 14. VFS in a statement said that they are migrating to a new platform and will resume their services on July 15. Taking on twitter, US Embassy said «Attention visa applicants! Our customer service center VFS is migrating to a new platform and will be temporarily closed for calls, fee payments, and appointment booking from July 12-14.

IPO). The bank had earlier filed its DRHP in July 2021. The IPO will include a fresh issue up to Rs 486.74 crore and an offer for sale (OFS) of up to Rs 142.30 crore by promoter and other selling shareholders.

By Tim Hepher

1) What is the business overview of Utkarsh Small Finance Bank? Incorporated in 2016, Utkarsh commenced operations in 2017 and its product suite includes a range of deposit products, including saving accounts, salary accounts, current accounts, recurring and fixed deposits and locker facilities. It also had the second highest provision coverage ratio among SFBs in fiscal 2023.