Opinion Financial News

Shareholding of individual investors reflects in the ‘Shareholding Pattern’ of BSE listed companies on reaching 1% stake or above in the company.

.the BJP is going to be the number one party in West Bengal." Before this, News18 Mega Opinion Poll 2024 also predicted that the BJP, led by Leader of the Opposition Suvendu Adhikari in Bengal, may win 25 out of 42 seats in the state. The poll, meanwhile, indicated that the TMC might get 17 seats. The India TV-CNX poll predictions too were on the same line.

By Dan Kelly

Demat accounts rose to 15.1 crore in March, revealed a report by Motilal Oswal. The total number of Demat accounts has been consistently on the rise from having 11.4 crore users since March 2023. CDSL maintained its market share in terms of total Demat accounts and saw a month-on-month increase. However, NSDL experienced a decrease of 390 basis points in total market share and 570 basis points in incremental Demat accounts on a year-on-year (YoY) basis.

Tata Consultancy Services (TCS) on Friday reported better than expected fourth quarter numbers in a muted macro environment with strong margins and healthy topline growth. Profit after tax (PAT) for the March quarter rose 9% year-on-year (YoY) to Rs 12,434 crore, while revenue from operations increased 3.5% to Rs 61,237 crore.

JM Financial initiated coverage on Bharti Hexacom Ltd (BHL), which listed at a premium of 32.5% today, with a buy recommendation and a price target of Rs 790. Shares of the company were trading on BSE at Rs 767 on Day 1. “We expect BHL’s ARPU to grow at 10% CAGR, consisting of two elements: 6-7% ARPU CAGR due to regular tariff hikes; and 3-4% ARPU CAGR due to Bharti Airtel’s premiumisation strategy.” read the report by JM Financial.

Union officials say steelworkers at Britain’s largest steel production plant have voted to go on strike for the first time in 40 years

Tucked away in the depths of last year’s federal budget, the federal government outlined bold plans to crack down on payday lenders — but instead, they’ve gone after Canada’s non-prime lenders.

Independent. As per the poll, the least favourite royal is Prince Andrew who received 86 per cent of negative votes from the people of UK. In January this year, Prince Andrew was accused of being involved in an "underage orgy" on Jeffrey Epstein's island.

All three major U.S. stock indexes veered sharply lower at the opening bell after the Labor Department's Consumer Price Index (CPI) report landed north of consensus, a reminder that inflation's road back down to the Fed's 2% target will remain a long and meandering one.

Naveen Patnaik on Wednesday urged people to provide inputs for preparation of the party's manifesto for the simultaneous assembly and Lok Sabha polls in the state. Patnaik also constituted a 38-member 'manifesto committee' headed by Berhampur MP Chandrasekhar Sahu. «The panel will have discussions with various sections of society… and prepare a manifesto that will lead to transformation towards a 'New Odisha, Empowered Odisha',» Patnaik said in an official notification. Senior party leader Amar Patnaik was appointed as convenor of the committee, while Rajya Sabha MP Sasmit Patra will be the co-convenor, officials said.

Terry Tang has been formally named executive editor of the Los Angeles Times after leading its newsroom since January on an interim basis

What’s interesting to note is that about 50% of this money has chased three sectors during the year.

ANI reported that Advocate Rishikesh Kumar, counsel for Delhi CM said that the order is amenable for a challenge in the Supreme Court and they are within their rights to challenge it. As reported by ANI, Kumar, said, “We have challenged the illegal arrest of Arvind Kejriwal. The High Court in its finding has said that the remand order is legal and secondly, they said that they had the ground to arrest.

The S&P BSE Sensex climbed Mount 75K for the first time to hit a record high of 75,124 while the Nifty50 hit a record high of 22,768.

Voltas share price gained 10% in the morning trades on Monday to scale 52-week highs. Voltas on Sunday announced its highest-ever sales milestone of 2 million AC units in FY 2023–2024 .

“Cyclicals, commodities, capex are the most promising segments in the market,” says Somnath Mukherjee, CIO & Senior Managing Partner – Product & Research, ASK Private Wealth. In an interview with ETMarkets, Mukherjee said: “India’s a structural growth story, so expect FII flows to remain quite good. The real breakout will be the start of US rates cuts,”. Edited excerpts: As we step into FY25 – how do you see markets in the next financial year? Do you see a double-digit return? Somnath Mukherjee: Markets are pricing in multiple best-case scenarios currently – a)Current Ruling Party’s victory in elections, b)inflation continuing on its downward trajectory, c)US rate cuts sometime during the year, and d)conflict zones remaining non-disruptive.

Also Read | Prince Harry, Meghan lose ‘Royal' title, just part of ‘Hollywood clique’ in US According to Tina Brown, the former editor of Vanity Fair, the news of Charles's cancer has put the Duke and Duchess of Cambridge in a “frightening proximity to ascending the throne." The royal expert said, “The prospect of it, I am told, is causing them intense anxiety," as quoted by the Independent. Also Read | Prince William, Kate Middleton to meet Harry and Meghan soon? Here's what we know The 75-year-old King Charles is currently undergoing treatment for cancer, while the 42-year-old Duchess of Cambridge has been attending engagements when her health permits.

The White House described the recent phone call between US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu as “tense and challenging." And what else could it have been? For the first time since Hamas attacked Israel on 7 October and Israel began retaliating massively against the whole Gaza Strip, Biden demanded an immediate ceasefire. He apparently added an or-else: “If there are no changes in their policy," said a spokesperson, “there will have to be changes in ours." That still seems too little too late to lots of people, even and especially in Biden’s own government.

‘Kharge exposed Modi-Shah game plan’, Congress hits back at BJP Varnerkar's respect for Prime Minister Modi is to such an extent that he even built a temple dedicated to the PM Modi in his home. He regularly performs prayers in Modi's honour in that temple. Prime Minister Modi has expressed confidence in winning the national election for the third time on the trot.

Lloyds Bank in London. The bleakness in the poem, no doubt, stems much from the state of the western world in those inter-war years. But I suspect, with no evidence in hand, that he was especially inspired to write that opening line after attending too many dinner parties and luncheons in London's banking and financial circles that spring. I say this because I can confirm after a week packed with dinners and lunches — one pretty much liquid — that it is indeed the cruellest month on the calendar. But one upshot of giving networking a shot has been that I have gained knowledge about the kind of people a fashionable host invites to such HNI — High Networking Individuals — gatherings. Some of the same guests I saw across the dozen gatherings over the last six days clearly ranked high in PQ — Party Quotient. Anyone below 5 on the PQI shouldn't really be there. Locked & Loaded Being wealthy, especially wealthier than the other gathered wealthies, always gives a premium entry. Subtle (sic) expositions on the short holiday in Mallorca — 'We watched the sea food swimming right next to us' — adds to one's net worth. (PQI 6)