Performer Financial News

₹830, implying an upside of almost 24 percent.The positive outlook is driven by India's recovering real estate sector and robust infrastructure developments, which are boosting demand for plastic pipes. Nuvama's recent note highlights that channel checks indicate continued strong demand in both the infrastructure projects and plumbing sectors.

DafaNews, West Indies veteran cricketer Chris Gayle said that international cricket should not overlap with the Indian Premier League (IPL).Gayle has been a legendary player in the IPL and first started out on the Kolkata Knight Riders (KKR) team in 2009. He moved to the Royal Challengers Bangalore (RCB) in 2011 and proved instrumental for the team's performance, eventually finishing his IPL journey with Punjab Kings in 2021.

Rohit Sharma following his outstanding performance in the T20 World Cup.Rohit smashed eight sixes in the match and broke multiple records, including setting a new record for the most sixes by an Indian in a T20 World Cup innings. Additionally, he became the first player worldwide to hit 200 sixes in T20 cricket.Also Read: Hilarious reaction of Pakistani cricket fan on Rohit Sharma's blistering 92 run knock: 'hum to 14 balls pitch ko…'“If there is one player whose game I would have to buy a ticket to watch, it would be Rohit Sharma.

Transaction banking, also known as transactional banking, is a comprehensive suite of services offered by financial institutions to streamline business transactions and cash flow management. These services broadly fall under three verticals — security, cash handling, and international trade.

In yet another case of labour trafficking, an Indian-American couple has been sent to prison by a US court for forcing their relative to work at their gas station and convenience store for over three years, after bringing him to the United States under the pretense of helping him enroll in school.

The other day, I took my little one to play in a nearby garden. Kids being naturally curious, he bombarded me with questions about the tress, plants, flowers, and the variety of flora we encountered. As we wandered among the blooms, his questions sparked a chain of thought in my mind.

By Deepak Pahwa

HDFC Top 100 Fund, one of the longest running mutual fund schemes in India, has given 19% Compound Annual Growth Rate (CAGR) returns over the last 27 years.

Quant Mutual Fund, one of India’s oldest and fastest growing asset management firms, is facing a probe by capital market watchdog SEBI in an alleged front-running case. Front-running is an illegal practice in which fund managers and dealers place orders based on prior information of upcoming large trades and earn profit from the price movement on eventual trade execution.

Stock markets are neither static nor linear. If you observe the pattern of any market, you will see a cyclical trend. Equity markets globally go through cycles of rise and fall. Therefore, to describe the boom and bust of financial markets, terms such as ‘bull market’ and ‘bear market’ are used. When stock prices fall, it is a bear market, and when prices rise, it is a bull market.

«In sync with market requirements, market realities, the buyers are okay to pay that kind of price rise and in such times that price rise does not go haywire, stay closer to double digits, etc, we are in safe zone,» says Gulam Zia, Knight Frank India. Is that a trend that you are observing as well, when it comes to the pricing there is nothing extraordinary, 6% to 10% in line with inflation and is it that there is that definite dichotomy maybe between how luxury is panning out versus the affordable segment? Gulam Zia: Well, I would love to agree with Anuj word by word. What he said is exactly what the market is right now behaving like. So, to start with the point that you wanted me to also clarify was on price rise. Bang on, about 5% to 7% price rise per annum is something which we have been observing for last couple of years, at least last two to three years, and which is in sync.

Pakistan captain Inzamam ul Haq raised bizarre allegations of ball-tampering against Indian pacer Arshdeep Singh, who delivered a match-winning performance of 3/37 during the ICC T20 World Cup Super Eights clash against Australia, questioning how was he able to reverse-swing the ball in the 16th over while defending the target. During the ongoing T20 WC, Arshdeep is the joint-highest wicket-taker in the tournament with 15 scalps in six games at an average of 11.86 and an economy rate of 7.41. His best figures are 4/9 and he is tied for most wickets in the competition with Afghanistan's Fazalhaq Farooqi. During a talk show on a Pakistan news channel, the clips of which have went viral on social media, Inzamam said, «Arshdeep Singh, when he was bowling the 15th (16th) over, the ball was reversing. is it too early (for reverse swing) with a relatively new ball? This means the ball was ready for reverse swing by the 12th or the 13th over, Umpires should keep their eyes open (to spot) these things,» said Inzamam during a talk show.

Stock market today: Dee Development Engineers share price was listed on the BSE and NSE at a bumper premium against its issue price of ₹193 to ₹203 per equity share. The stock opened at ₹325 per share on the BSE and at ₹339 per equity share on the NSE, delivering around 65 percent.

Meanwhile, the broader market continued its upward journey so far this year as well with the Nifty smallcap and midcap indices rising 20% each.

Mazagon Dock Shipbuilders, a leading defence public-sector shipyard under the Ministry of Defence (MoD) in India, surged nearly 7.5% to reach an all-time high of ₹4,271 per share.This jump followed the company's announcement via an exchange filing that the Department of Public Enterprises (DPE) has approved the proposal to grant Navratna status to Mazagon Dock Shipbuilders. This makes the company the 18th Navratna company among the public sector enterprises.

Surana Telecom and Power, previously a penny stock, has delivered exceptional returns for long-term investors. Over the past four years, its stock price has surged by an impressive 796 percent, climbing from ₹2.95 in June 2020 to around ₹26.45. This remarkable growth highlights Surana's consistent value appreciation, making it a standout performer in the penny stock category and showcasing its potential as a high-return investment opportunity.Meanwhile, over the past 5 years, the stock has surged by an impressive 494 percent, rising from ₹4.05 in June 2019.

Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer's sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies. The stock has slumped 13% and lost $430 billion in market capitalization since June 18, when it briefly became the world's most valuable company following a meteoric rise.

intelligence (ASI) is said to be the next – and final – frontier of AI technology, going even beyond artificial general intelligence or AGI which AI major OpenAI aims to create. But what is ASI, which the likes of Softbank CEO Masayoshi Son and OpenAI cofounder Ilya Sutskever have been talking about, and what would it mean for humanity? ET explains. What is ASI?

investors started investing in mutual funds over the last one year, taking the total number of unique mutual fund investors up to 46 million. Many more investors are likely to buy mutual funds in the coming months. Investors have an option to buy and hold their mutual fund units in their demat account or they can buy units from the fund house which does not require any demat account. HOW DO YOU BUY MUTUAL FUND SCHEMES? WHAT IS THE WAY TO HOLD THEM? Once you have chosen a mutual fund scheme to buy, the next step is to proceed to buy these units and execute your transaction. There are a number of ways to buy mutual funds, be it the fund house websites, RTA (registrar and transfer agent) websites, third-party platforms and stock brokers. Investors can opt for a statement of holding, or certain brokerages give you the option to hold units in a demat form. Some brokers only offer MFs in a demat form, while a few offer a mix of the two. Depending on the comfort and ease of an investor one can choose between the two. Investors who buy units in the physical form can later convert them into a demat form, by submitting a request to the depository participant and units bought in demat form can also be rematerialised back again.

equity indices surged to record highs on Tuesday with the Sensex closing above 78,000 for the first time as renewed strength in private banks gave a fresh fillip to the market that had begun showing signs of fatigue after the recent rally. The BSE benchmark ended at 78,053.52, up 712.45 points or 0.92% after hitting its lifetime high of 78,164.71. NSE's Nifty rose 183.45 points or 0.78% to a close at a record 23,721.3. The index hit an all-time high of 23,754.15 during the day.

Tom Hanks and Robin Wright have undergone a remarkable transformation in their latest project, «Here,» directed by Robert Zemeckis. The film, co-written by Zemeckis and Eric Roth, marks a reunion for the actors and director, known for their work on «Forrest Gump.»