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₹50,000 crore over the next five years, reaffirming an earlier milestone set by the government.Also Read: Indian stock market ready for a dream run, target Nifty 50 at 25,816: PLFollowing this development, shares of PTC Industries jumped 20% to touch a new record high of ₹14,930 apiece, while Paras Defence and Space Technologies also jumped 18% to hit a new peak of ₹1,141, while BEML shares gained 13% to reach ₹4,516.95 apiece. Other defence stocks such as Bharat Electronics, MTAR Technologies, Bharat Dynamics, ideaForge Technology, Zen Technologies, and Astra Microwave Products all gained between 3% and 8%.Shipbuilding stocks also saw an uptick, with Mazagon Dock Shipbuilders rising 6% in intraday trade, while Cochin Shipyard and Garden Reach Shipbuilders & Engineers jumped 4% and 7%, respectively.Also Read: HAL shares surge 7%, gain 167% in one year; what's driving the rally?"PM Modi has given me the responsibility of the Defence Ministry again.

In Friday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.

USA vs Ireland game in Group A of the T20 World Cup which is scheduled for Friday as it will decide the fate of several teams. However, the flood situation in Florida and forecast for more spells of heavy rain threaten could play a spoilsport, which works in favour of the home team. Out of the three statdiums picked for the tournament, three remaining matches of Group A are all scheduled to be held at the Central Broward Regional Park Stadium Turf Ground in Lauderhill, Florida. The other two venues are in New York and Dallas. The upcoming match on Friday will see USA on the brink of another history-making moment with a chance to progress to the 'Super 8s' stage in their debut appearance in the T20 World Cup, and the inclement weather in Florida can make the equation even simpler.

Virat Kohli's string of low scores would be a concern for India when they square off against Canada in their final group match of the T20 World Cup on Saturday, hoping that the sky remains clear in this city even as several parts of Florida are ravaged by torrential rain. With three consecutive wins, India are through to the Super Eight stage, which will be held entirely in the West Indies. Kohli came into the T20 World Cup after setting the IPL ablaze, scoring upwards of 700 runs at a strike-rate of over 150 for Royal Challengers Bengaluru. Therefore, it wasn't an entirely misplaced expectation that he will continue to fire in the ICC showpiece, which is perhaps his final chance to earn India an ICC World Cup after 13 years.

Delhi experienced its fifth consecutive day of heatwaves on Thursday and IMD predicted that this trend will continue for the next five days, with maximum temperatures expected to range between 44 and 45 degrees Celsius. There is, however, a chance of thunderstorms, lightning, and light rain at isolated locations on Friday afternoon or evening. The maximum temperature on Thursday recorded at the Safdarjung Observatory, considered the official marker of the city, was 4.9 notches above normal at 44.8 degrees Celsius. The Najafgarh weather station recorded a maximum temperature of 45.1 degrees Celsius, the India Meteorological Department (IMD) said.

Penna Cement will increase Ambuja Cements' presence in India, particularly in South India, besides making way to markets in neighbouring Sri Lanka, the cement company said in a presentation explaining the rationale behind the acquisition. On Thursday, Ambuja Cements announced that it has decided to acquire 100 per cent shares of Penna Cement Industries Limited. Penna Cement to now become wholly owned subsidiary of Ambuja Cements. The transaction has an enterprise value of Rs 10,422 crore. The cement maker said that the transaction would be fully funded through internal accruals.

Police have arrested a co-owner of the Rajkot game zone, where a fire claimed 27 lives last month, taking the number of arrests in the case to ten, an official said on Friday. Ashoksinh Jadeja, one of the six owners of the TRP game zone, surrendered before the police on Thursday evening, the official said. Jadeja, who owns the land on which the game zone had come up, had been absconding after a fire devastated the recreation facility on May 25 in Gujarat's Rajkot city. Rajkot Police Commissioner Brajesh Kumar Jha confirmed on Friday that Jadeja is in the custody of the crime branch after his surrender.

equity mutual funds gave more than 15% CAGR in the last five, seven, and 10 years based on daily rolling returns, an analysis of performance by ETMutualFunds showed. Around 150 equity mutual funds completed 10 years of existence in the market. These nine equity mutual funds were from small cap, mid cap, large & mid cap, and flexi cap categories. There were around four small cap funds, three mid cap, one large & mid cap and flexi cap funds in the list of equity mutual funds that gave over 15% in all the three horizons.

Stock Market News: Domestic equity benchmark indices, the Sensex and the Nifty 50, began lower on Friday, dragged down by information technology (IT) stocks, while Adani-backed Ambuja Cements rose after buying competitor Penna Cement Industries. IT stocks fell 0.77% after rising 1% the previous day on increased prospects of US interest rate cuts.The Nifty 50 has risen by approximately 0.3% this week, reaching record highs in three of the five sessions and building on a 3.4% gain last week when the national elections secured political continuity.The 30-share BSE Sensex opened lower by 169.18 points or 0.22% at 76,912.38 level while the Nifty 50 began at 23,464.95 level, down 35.30 points or 0.15%.Also Read: Sensex Today Live Updates : Sensex touches 77k before turning red, Nifty down; Ambuja Cements, Brigade Enterprises gainDr.

Stocks to buy or sell: When it comes to stocks to buy or sell, the Indian stock market has shown resilience despite weak global cues. The Nifty 50 index closed higher for the third consecutive session, and the BSE Sensex also saw gains.

«The services export boom of India is the most unheralded story of India in the last five years and it is talked about very little and that has not just come through these IT companies, it has come out of the GCCs which are there and I think without Indian GCCs, which are the global competence centres of the multinationals operating in the world, I think all the top 500 companies of the world are today dependent on Indian global competence centres for them to run,» says S Naren, ED & CIO, ICICI Prudential AMC. The market always gives you pockets of excitement, pockets of despair. And I can see some pockets of despair. One is IT. To some extent, you could say underperformance in private banks. Are these two sectors getting ready now to start outperforming, whether it is largecap IT or largecap private banks? Certainly, I would say private banks is an area which appears to be at fair value. So, if you look at the funds that I run directly, like Value Discovery, for example, I have never had a situation in Value Discovery where private banks are such a big part of my portfolio.

Stock market today: Despite weak global market sentiments on the hawkish US Fed meeting outcome, the Indian stock market ended higher for the third straight session. The Nifty 50 index finished 75 points higher at 23,398, and the BSE Sensex scaled 204 points north and ended at 76,810.

Relatively speaking, it’s been a rough couple of years for advisors with a value investing tilt.

Netflix, promising an epic conclusion to the saga that began with The Karate Kid. Here’s everything you need to know about Cobra Kai Season 6, from its episode count to release dates and production updates. Episode Count and Format

search operations continued on Thursday at many locations around the Jammu division. During the investigation, more than 50 persons were taken into custody. According to J&K police commissioner RR Swain, the forces are mapping their resources to give befitting response to foreign militants operating in the region. Since June 9 evening, the Jammu division has experienced four militancy-related events in three districts: Reasi, Kathua, and Doda, killing nine civilians and one CRPF personnel and injuring 34 civilians. «War has been foisted on us, and we are mapping our resources to respond appropriately to this challenge, which we had ovecome previously. Swain told reporters in Jammu, „We may have to bear some minor losses.“ He went on to say that the foreign militants have no family or stake in the country, making them look capable of causing more harm.

President Joe Biden’s grip on a key federal energy commission will last beyond his first term, giving a boost to the Democrat’s push for renewable energy regardless of the election results in November

That is all anyone needs to know. The beauty is that the market is only priced for two Bank of Canada rate cuts between now and the end of the year. We think the central bank will be cutting at all four remaining meetings.

Olympus Mons, suggesting the presence of a sparse yet active water cycle on the Red Planet. Published in the journal Nature Geoscience, the research unveils a unique phenomenon where frost forms for a few hours each morning during Mars' colder seasons in the ancient calderas of the Tharsis volcanic region, which includes Olympus Mons.

₹327. Also Read: OPEC+ to support Brent at $80/bbl; ONGC/Oil India placed well on dividend pay, valuations‘’The company is expected to improve its earnings performance backed by increased production at KG 98/2 field, improved realisations, monetisation of discoveries, increased capex and potential adjustment of windfall tax.

As 2024 began there was plenty of concern about the U.S. economy, not least the worrying potential of recession.

OTTAWA — The chief executives ofCanada’s five biggest banks are set to testify before a parliamentary committee later today about the impacts of the financial sector on climate and the environment.