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«The question really is, are you going to go either into a long consolidation or a deep direction? I think neither of those right now yet very-very clearly. All that has happened is that you have broken the 20-day average both on the Nifty and Bank Nifty which gives us another 1% to 3% kind of downside,» says Rohit Srivastava, Indiacharts.com.If I am a positional trader and I have been riding the market for a few months now, however, much compulsive trader I am on the long side suppose, one was getting completely exhausted on any fresh long ideas because everything seemed to have gone up. So, if a cut actually happens, will it make markets healthier and how severe could it be in your view, just a shallow cut or could it get deeper?It is an interesting question because if you think of yourself either as a positional trader or investor, you hope to buy at much lower levels.

Uber's surge pricing has once again come under scrutiny after CEO, Dara Khosrowshahi, expressed his astonishment at the exorbitant fare charged to a journalist recently. During an interview with Wired editor Steven Levy, Khosrowshahi was taken aback when shown a receipt for a 4-km trip in Manhattan, New York, which amounted to a staggering $51.69, including the driver's tip. Khosrowshahi's reaction was one of surprise, exclaiming, «Oh my God.

100-day Simple Moving Average is a crucial technical indicator for stocks, often signaling potential shifts in short-term trends. On August 1, 2023, companies such as Jindal Worldwide, Vinati Organics, Navin Fluorine International, Persistent Systems, and Page Industries showcased strong performance in their respective sectors. Let's explore the performance of these stocks.

The High Court has opened the door to tougher penalties for corporate offending after rejecting a fine of $1.35 million for engineering firm Sinclair Knight Merz (SKM) in a foreign bribery case.

BSE SmallCap stocks have surged to new heights, hitting their 52-week highs on August 2. Investors were enthused as prominent companies like DB Corp, Dilip Buildcon, and DCM Shriram industries displayed remarkable performance, leading the rally. The data was sourced from BSE at 12.35 pm, and the updates from the real-time data could come with a lag.

Bharat Madan, Whole-time Director & CFO, Escorts Kubota, says coming to railways section, this quarter was slightly higher because there were some better product mixes in this quarter and which clearly will not be there throughout the year. But 16-17% margin this year looks sustainable for the railway business too.Escorts came out with a very strong beat on the margins. What led to that? Secondly, is this sustainable? Do you see further upside on margins?The performance has been great across all three businesses.

200-day Simple Moving Average (SMA) on 1st August 2023. Companies like Yes Bank, Navin Fluorine International, United Breweries, Brightcom Group, Vedant Fashions, and Nocil showcasing strong performance in their respective sectors. Let's explore the performance of these stocks.

Imran Khan, who has been absent from the silver screen for an extended period, has recently dropped hints about his potential return to films, but not without an intriguing condition. In a delightful exchange on social media, veteran actress Zeenat Aman delighted her fans by sharing a video of her latest advertisement on Instagram.

₹52 crore. The political thriller is now available for streaming on Netflix since July 27. Directed by Mari Selvaraj, renowned for his impactful works like Pariyerum Perumaal and Karnan, the movie delves into the theme of anti-casteism.

Flipkart Big Saving Days sale, the iPhone 14 and iPhone 11 will be accessible at reduced prices in India. Currently, these models are listed on the platform for ₹68,999 and 41,999 respectively. Flipkart claims that the upcoming sale will offer even greater discounts, continuing its tradition of substantial price cuts on popular 5G smartphones.

Ampapuram village in the Krishna district has paid tribute to his deceased pet dog, Anji, by installing a beautifully crafted statue outside his residence. Sunkara Gnana Prakasa Rao, deeply attached to Anji, adopted the loyal companion in 2007 after his daughters had married and moved away from home. To Rao, Anji was not merely a dog; he was an integral part of the family.

cold beverages including soft drinks, squashes, powdered mixes and packaged juices have witnessed a growth of 47% in May as against 38% in 2019, a survey showed. In-home penetration refers to the number of households in the survey that consumed the product. Average household consumption of soft drinks too has gone up to just over 7 litres annually from 6.5 litres in 2019, reports TOI. This 47% in-home penetration, according to marketing data and analytics company Kantar, which shared the household panel data exclusively with TOI, is significantly better than any 12-month period before the pandemic. «Whatever struggle the sector faced in the summers of 2020 and 2021 was wiped out by strong performance in 2022 and a reasonably good 2023. There have been important strides that the category made from a purchase standpoint, with increasing trips and quantity signifying a deepening habit,» said K Ramakrishnan, MD, south Asia, Worldpanel division at Kantar. Moreover, families are shopping more frequently for soft drinks. Households are buying bottled soft drinks 6.5 times (average) annually as against 5.5 times in 2019, showing that the habit is now well entrenched.

Oberoi Realty, part of the realty space, gave a breakout from a ‘rounding bottom’ pattern on the daily charts last week which has opened room for the stock to head towards Rs 1,200 levels, suggest experts. The stock broke out from the neckline of the rounding bottom pattern on 27th July 2023 which was placed around Rs 1,088 levels. The stock touched a fresh record high of Rs 1,127 on 28th July 2023.

Arul Selvan, President & CFO, Chola Investment & Fin, says “in Q1, the asset quality will slightly deteriorate because there would have been a lot of collection efforts going in Q4 because of the year-end, et cetera. So Q1 will always have a slight reversal of asset quality trend. In our case, we have just moved the stage 3 by 5 bps.

BEIJING — U.S. investments in around 50 blacklisted Chinese companies have drawn the attention of the U.S. House of Representatives Select Committee on the Chinese Communist Party.

From across the globe, spanning a diverse range of applications in finance — these are the world's top 200 fintech companies.

From China's Ant Group to Sweden's Klarna, here is the complete list of the world's top 200 fintech companies.

OpenAI's widely recognized AI-powered tool, GPT-3, has been discovered to demonstrate reasoning abilities on par with college undergraduate students, according to scientific research. During the study, the artificial intelligence large language model (LLM) was presented with reasoning problems commonly found in intelligence tests and standardized exams like the SAT, which are crucial in the admissions process for colleges and universities in the United States and other nations, reported PTI. The findings highlight the impressive capabilities of GPT-3 in tackling complex cognitive tasks.

ABM Knowledgeware Ltd, Ador Welding Ltd, Bajaj Consumer Care Ltd, BDH Industries Ltd, Centum Electronics Ltd, Crisil Ltd, Data Patterns (India) Ltd, Dynamic Cables Ltd, Eih Ltd, Hawkins Cookers Ltd, Larsen & Toubro Ltd, Lakshmi Automatic Loom Works Ltd, Menon Pistons Ltd, Sahyadri Industries Ltd, Share India Securities Ltd, Styrenix Performance Materials Ltd, and T D Power Systems Ltd among others will be under investors’ radar on Wednesday as they will trade ex-dividend today. Today, 17 stocks will trade ex-dividend. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.

Former National Australia Bank chief executive Cameron Clyne has re-emerged in the banking sector, investing in and advising a start-up, Swarm Dynamics. It makes artificial intelligence-powered software to help banks identify and resolve their cultural problems.

Donald Trump won the presidency even as criminal charges against him still loomed, a series of extraordinary complications would ensue. The indictment Tuesday on federal charges stemming from his attempts to remain in power after his 2020 election loss added to the mounting legal peril Trump, the front-runner for the Republican Party, faces as he campaigns for a second term in the White House.