Experts Financial News

25.10 / 10:31
markets Digital Election Experts PAM gatherings Fadnavis files nomination from Nagpur South-West; says Mahayuti's work speaks for itself
BJP leader Devendra Fadnavis on Friday filed his nomination from the Nagpur South-West assembly constituency for the November 20 state elections. Addressing a rally before filing the papers, he said the Mahayuti government's work speaks for itself, and hit out at the opposition parties, saying the 'Ladki Bahin' scheme and its beneficiaries were enough to defeat them. Fadnavis, who was the chief minister of the state from 2014 to 2019 and for a short tenure of 80 hours in November 2019, has successfully contested the assembly polls for five times from Nagpur — two times from Nagpur West constituency and three times from Nagpur South-West seat.
25.10 / 10:31
markets Digital Man Strategy community Experts PAM Joke turns into reality for US man; wins $1 million jackpot with odds one in 6 lakh people
George Hurt, a resident of Roanoke, when he struck it rich in the Virginia Lottery scratcher game. With odds exceeding one in 600,000, Hurt's winning ticket was sold at the 604 Minute Market on Cloverdale Road, which locals now consider a lucky hotspot. Timir Patel, the store owner, noted that Hurt had been playing the lottery for 13 years, and his persistence finally paid off with a $1 million prize, transforming an ordinary lunch break into an unforgettable occasion. Hurt opted for a one-time lump-sum payment of $571,000 before taxes, although he hasn’t disclosed any immediate plans for his newfound wealth.
25.10 / 09:07
markets Strategy Sustainability Experts reports Schools Farooq Abdullah urges Pakistan to stop violence, find way to form friendship with India
Farooq Abdullah on Friday said attacks like the one in Gulmarg would continue to occur until India and Pakistan found a way to be friends and that would end Jammu and Kashmir's troubles. Two soldiers and two Army porters were killed on Thursday after terrorists ambushed a force vehicle near Gulmarg in north Kashmir's Baramulla district. Another soldier and a porter were injured in the attack. «Such attacks will continue to take place in this state. You know where they come from and it will not stop until some way is found to get out of this trouble. I have been witnessing it for the last 30 years, innocent people are getting killed,» Abdullah told reporters. «We are not going to become a part of Pakistan. So, why are they doing this? To disrupt our future? To make us poorer?» he asked.
25.10 / 09:07
markets UPS Analysis Election Research Trade Experts Bear & bull markets going on side by side now; make ROC your top priority: Madhusudan Kela
Market veteran Madhusudan Kela says that within one market, a severe bear market and a severe bull market are going on simultaneously. The question is, do we have the ability to identify and spot real good sectors and real good companies? Also we have to recognise that in all of this allocation, expectation has to be moderate. From my perspective, return of capital is the first priority. Return on capital is the second priority. If you are intoxicated believing the bull market is going on and you can do anything, that phase is over. It is good to see you laughing and everybody in the last 12 months has been laughing. If you bought real estate, you have made money. If you had gold and silver, you would have been happy. And if you were in the equity market, you have every reason to smile. It has been a year of full all-round prosperity. Madhusudan Kela: It is not only one year. I would say from the COVID bottom, the last three-four years have been very good. If you look at the CAGR compounding of a small cap index or mid cap index, it is above 40%. Even Nifty from the low has compounded reasonably well. And stock pickers have had a phenomenal run in the last three-four years. It is in this context we are chatting today.
25.10 / 09:07
markets Analysis Research Trade Experts reports Commentary JSW Steel Q2 Results: PAT plunges 84% YoY to Rs 439 crore, revenue drops 11%
JSW Steel Ltd on Friday reported 84% decline in its consolidated net profit at Rs 439 crore in the second quarter, compared with Rs 2,760 crore in the last year quarter. Revenue from operations in the reporting period fell 11% year-on-year to Rs 39,684 crore.
25.10 / 09:07
markets Digital Strategy Experts PAM reports How 'Special 700 tourist' GST officers ran a 'Tower of Gold' operation to seize 108 kg of gold in Kerala
unaccounted gold in overnight raids at 78 gold jewellery manufacturing units and wholesale dealers in and around Thrissur, TOI reported. Codenamed Torre del Oro (Tower of Gold), the operation ran from 4:30 PM on Wednesday to 11 AM on Thursday, with more than 700 officials discreetly transported from various parts of the state under the pretense of a leisure trip to maintain confidentiality. GST Special Commissioner Renn Abraham revealed to TOI that the raids targeted a mix of large, medium, and small-scale units, leading to a shocking confession from the owner of one firm who disclosed a suppressed sales turnover of ₹1,200 crore.
25.10 / 08:27
markets COST security pandemic Experts reports rights Centre launches 21st Livestock Census at Rs 200 cr cost; data to help Govtframe right policies
Rajiv Ranjan Singh on Friday launched 21st Livestock Census, to be conducted till February next year at a cost of Rs 200 crore and said the availability of precise data will help the government frame policies for ensuring health security of animals and achieve higher growth in the sector. Singh, who is Minister of Fisheries, Animal Husbandry, and Dairying, also launched a USD 25 million 'Pandemic Fund Project' to strengthen animal health security in India for pandemic preparedness and response. Addressing an event, the minister stressed on conducting this livestock census with full honesty and sincerity. Singh asked his ministry officials to monitor this census operation regularly.
25.10 / 08:27
markets UPS Analysis Research Trade Experts Colgate-Palmolive Colgate-Palmolive shares down 3.88% as Sensex falls
Colgate-Palmolive (India) Ltd. fell 3.88 per cent to Rs 3090.9 in Friday's session as of 01:44PM (IST) even as the equity benchmark Sensex traded 787.68 points lower at 79277.48. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 3893.0 and a 52-week low of Rs 2003.65 on NSE. Around 18766 shares changed hands on the counter till 01:44PM (IST).
25.10 / 08:27
markets UPS Analysis Research Trade Experts show Share price of Vedanta falls as Sensex drops 778.86 points
Vedanta Ltd. dropped 3.0 per cent to Rs 454.65 at 01:49PM (IST) in Friday's trade. The scrip has hit a high of Rs 472.1 and low of Rs 449.3 so far during the session. The stock had closed at Rs 468.75 in the previous session. The counter has had a total traded volume of 294719 shares so far with a value of Rs 13.48 crore on the NSE. It traded at a price-to-earnings multiple of 34.21 and a price-to-book ratio of 3.29.
25.10 / 08:27
markets COST Digital Waters Experts PAM Department PM Modi to inaugurate various development projects worth Rs 4800 crore in Gujarat on October 28
According to the release, Pm Modi will inaugurate and lay foundation stones for water supply department projects worth Rs 705 crore. This includes inauguration of the Bharatmata Sarovar, built at a cost of Rs 35 crore, on the Gagadio river in Amreli district. He will also inaugurate 1000 projects of pit recharge, bore recharge and well recharge and inaugurate 590 projects worth Rs 20 crore under Water Resource Department.
25.10 / 08:27
markets Digital Progressive economy Trade Experts PAM Germany looks to strengthen defence, military ties with India
Olaf Scholz said on Friday he wanted to deepen defence ties with New Delhi and bring the two countries' militaries closer, in comments following a meeting with Indian Prime Minister Narendra Modi. Germany, which has not traditionally had close defence ties with India, is now pitching to join the latter's effort to wean its arms base from decades of dependence on Russia, at a time when the West seeks to counter China's growing influence. «Our overall message is clear, we need more co-operation, not less,» Scholz said.
25.10 / 08:27
markets COST UPS Google Gemini Experts Schools Want extra money through side hustles? Shark Mark Cuban shares ideas that require only ChatGpt, Google's Gemini
Mark Cuban has opened on side husstles that he would undertake to earn some extra money if he was 16 years old again. First, he’d learn how to write prompts for artificial intelligence language models like OpenAI’s ChatGPT or Google’s Gemini. Next, he’d teach his friends how to use those prompts on their school papers. “Then, I would go to businesses, particularly small- to medium-sized businesses that don’t understand AI yet,” says Cuban. “Doesn’t matter if I’m 16, I’d be teaching them as well," he told CNBC Make It. The Shark Tank judge's choices for side husstles are different from his actual first job, selling garbage bags door-to-door to his neighbors outside of Pittsburgh at age 12 to save up for a new pair of basketball shoes, said CBNC's report. He further continued to earn extra cash as a teenager by selling collectibles like baseball cards, stamps, and coins, eventually helping him pay to attend Indiana University. There, he bartended, hosted parties with cover charges and even picked up work as a dance instructor.
25.10 / 08:27
markets Strategy Analysis Research Trade Experts show Tube Investments shares drop 2.16% as Sensex falls
Tube Investments of India Ltd. traded 2.16 per cent down at Rs 4623.5 at 01:39PM (IST) on Friday, even as BSE benchmark Sensex dropped 787.68 points to 79277.48. The scrip had closed at Rs 4726.0 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4807.05 and Rs 2885.25, respectively.
25.10 / 07:15
markets UPS Analysis Trade Experts reports LTIMindtree shares down 1.92% as Nifty drops
LTIMindtree Ltd. traded 1.92 per cent down in Friday's trade at 12:16PM (IST). Around 6,655 shares changed hands on the counter. The scrip opened at Rs 5973.8 and touched an intraday high and low of Rs 5973.8 and Rs 5823.3, respectively, in the session so far. The stock of LTIMindtree Ltd. quoted a 52-week high of Rs 6575.0 and a 52-week low of Rs 4518.35.
25.10 / 07:15
markets Digital Strategy Food love Experts PAM Want to lose weight by eating South India food? Nutrition coach provides options
South Indian diet" can support weight loss and overall wellness, as long as certain guidelines are followed.
25.10 / 07:15
markets UPS Election wellness Trade Experts rights Are overheated valuations dragging down growth? Pratik Gupta answers
"Demand had been depressed for a while. What has happened is firstly, things were never as good as the companies were talking about back two-three months back, but equally we do not think it is as bad either as how things are perceived to be right now. It is not doom and gloom. It is not a perpetual slowdown," says Pratik Gupta, Kotak Institutional Equities We are underperforming global markets and now the earnings in a sense have been marred with a string of disappointment. What has changed in between last quarter and now that the management commentary, the growth outlook and the demand environment is looking so sluggish? Pratik Gupta: Yes, you are right. We believe we are already seeing at Kotak series of earnings downgrades across the board in most companies and the December quarter will also not be very strong based on the early commentary about the festive season, this is as far as the consumer sector is concerned.
25.10 / 07:15
UPS security Analysis trends Trade Experts reports InterGlobe share price down 3.09 per cent
InterGlobe Aviation Ltd. traded 3.09 per cent up at Rs 4378.85 at around 12:21PM (IST) on Friday. The stock had closed at Rs 4518.75 in the previous session. Equity benchmark Sensex traded 711.94 points lower at 79353.22 around the same time.
25.10 / 07:15
Analysis Research trends Trade Experts reports Commentary Varun Beverages shares drop 0.73% as Sensex falls
Varun Beverages Ltd. traded 0.73 per cent lower in Friday's session at 12:27PM (IST). The stock opened at Rs 610.05 and has touched an intraday high and low of Rs 616.95 and Rs 593.75, respectively, during the session so far. The stock quoted a 52-week high of Rs 682.84 and a 52-week low of 331.28. About 104,248 shares changed hands on the counter so far.
25.10 / 06:07
markets UPS security Analysis Research Trade Experts Share price of Chola Inv Finance falls as Nifty weakens
Cholamandalam Investment & Finance Company Ltd. slipped 2.07 per cent to Rs 1358.35 in Friday's trade as of 11:21AM (IST). The stock hit a high price of Rs 1421.0 and low of Rs 1345.0 during the session. The return on equity (ROE) for the stock stood at 17.45 per cent. Traded volume on the counter stood at 11:21AM shares and turnover at Rs 2.55 crore around that time. The stock of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week high price of Rs 1650.0 and 52-week low prices of Rs 1011.5, respectively.
25.10 / 06:07
markets UPS Analysis Research Trade Experts reports Voltas shares down 1.77% as Nifty drops
Voltas Ltd. traded 1.77 per cent down in Friday's trade at 11:15AM (IST). Around 10,930 shares changed hands on the counter. The scrip opened at Rs 1800.05 and touched an intraday high and low of Rs 1802.9 and Rs 1741.15, respectively, in the session so far. The stock of Voltas Ltd. quoted a 52-week high of Rs 1946.2 and a 52-week low of Rs 810.05.
25.10 / 06:07
markets Digital Strategy Experts PAM social Courts Delhi excise policy case: Amandeep Singh Dhall granted bail by Supreme Court
Supreme Court on Friday granted bail to businessman Amandeep Singh Dhall in corruption case linked to excise policy scam. With this, all accused in the Delhi excise policy case are out on bail. Dhall had moved the apex court challenging the high court's June 4 verdict which refused to grant him bail in the case.

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