Recommendations Financial News

08.12 / 18:07
Booking economy Experts recommendations week PUMP FIIs pump over ₹9,000 crore in Indian equities this week, DIIs net sellers in 3 sessions: What's behind this trend?
₹9285.11 crore. Last week, FIIs snapped their three month -sustained selling streak which was over global headwinds. The return of FIIs, along with the monetary policy announcement of the Reserve Bank of India (RBI) were among key factors which drove the benchmark Nifty 50 to hit its fresh record high of 21,006.10 in the intraday session on Friday, December 8.
08.12 / 17:51
WhatsApp Experts recommendations Retail investors 'gambling' in stocks? Nithin Kamath's take on popular view
Nithin Kamath on Friday said the popular narrative that retail investors are clueless may not be fully accurate. According to Kamath, equity investors on Zerodha are sitting with higher overall notional gains than equity mutual fund investors. «Maybe the popular narrative that retail investors are clueless and “gambling” isn’t fully accurate.
08.12 / 17:51
Enterprise WhatsApp Experts reports recommendations stake acquires GQG Partners bets Rs 1,672 crore on GMR Airports, acquires 4.7% stake
GQG Partners on Friday bought close to 5% stake in GMR Airports Infrastructure in a deal worth Rs 1,672 crore through the open market. GQG Partners Emerging Markets Fund bought 92,636,787 shares, and Goldman Sachs GQG Partners International Opportunities Fund bought 19,02,45,637 shares, according to bulk deals data. The shares purchased represent a cumulative stake of 4.7%.
08.12 / 14:49
Manufacturing Celebrity hospital information recommendations Six killed, others injured amid blaze at factory in Maharashtra's Pimpri Chinchwad
fire broke out in Maharashtra. The blaze erupted around 3:00 pm on Friday afternoon at a candle-making factory in the Talawade area of Pimpri Chinchwad. "Six people have died, eight people injured in a fire incident in a candle-making factory.
08.12 / 13:54
Google Action Browser Experts Inside recommendations Costs Slash Anglo American to slash production in bid to cut costs
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08.12 / 13:53
Provident Target FIVE Racing Browser country recommendations How offshore wind sector is powering demand for heavy-lift ships
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08.12 / 13:53
Target Reuters Fighting Boeing Browser voice recommendations Rate Cut Bank of England to hold its line against rate cut talk
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08.12 / 13:39
Provident CEO Action track cover recommendations Credit Card Balance Transfer: Check the pros and cons before transferring the balance from one card to another
A credit card balance transfer involves moving the outstanding balance from one credit card to another, usually to take advantage of lower interest rates. Credit card balance transfers can help in managing high-interest debt more effectively by consolidating it onto a single card with a lower interest rate, potentially saving money on interest payments.
08.12 / 13:11
Assurant reports recommendations 'Can't tolerate woman in power; where's proof?': Opposition as Lok Sabha expels Mahua Moitra
alliance came together on this," said TMC leader Sudip Bandyopadhyay. “A woman in power is something which BJP cannot tolerate. How did they think this expulsion was enough to mute her just because she spoke against BJP? In 2024, she will contest the elections," assured fellow party leader Dr Shashi Panja.
08.12 / 12:27
Booking Remark Experts performer consequences reports recommendations Nifty Auto vs Nifty Realty: Which sector is a better investment bet for long term?
repo rate unchanged for the fifth time today, in the last policy meeting of the calendar year 2023. The Monetary Policy Committee (MPC) of the central bank also retained its stance of remaining focused on “withdrawal of accommodation." Read here: What are subtle hints from RBI monetary policy? 10 experts parse MPC decisions Amid this backdrop and the ongoing positive market sentiment, let's analyse between Nifty Auto and Nifty Realty, which sector has better growth opportunities in the long run. Looking at 2023 YTD, both of these sectors have outperformed the benchmark Nifty.
08.12 / 11:53
Platform voice social electronic information reports recommendations Mahua Moitra cash-for-query case: From Nishikant Dubey's allegations to TMC MP's expulsion | 10 points
Mahua Moitra for ‘unethical conduct’ in the cash-for-query case. The Lok Sabha Ethics Committee report was tabled in the lower house of the parliament on Friday, following which a heated debate ensued. Thereafter, Parliamentary Affairs Minister Pralhad Joshi moved a motion to expel the Trinamool member for "unethical conduct", which was adopted by a voice vote.
08.12 / 11:53
Booking Citizens Fighting reports recommendations 'I am telling you...': Mamata Banerjee reacts to Mahua Moitra's expulsion as Lok Sabha MP
Ethics Panel Committee report on ‘cash-for-query’ on Friday. Calling out BJP for its “vindictive politics", West Bengal Chief Minister condemned the expulsion of TMC MP from the Lok Sabha. Mahua Moitra expulsion LIVE Updates She also extended her support for the expelled MP and said that the party along with others of the INDIA alliance are with Mahua Moitra.
08.12 / 11:35
Landmark Action Immunic Experts reports recommendations Mahua Moitra is no longer an MP now: What's the road ahead for TMC firebrand leader
Congress leader Mahua Moitra was on Friday expelled from the Lok Sabha on the recommendation of Ethics Committee report in the 'cash for query' that was tabled in the Lower House today. The Ethics Committee report probing 'Unethical Conduct' of the Trinamool Congress (TMC) MP had recommended that Moitra «may be expelled» from the Lok Sabha and called for an «intense, legal, institutional inquiry» by the central government in a «time-bound manner». «The serious misdemeanours on the part of Mahua Moitra calls for severe punishment. The Committee, therefore, recommend that Mahua Moitra, MP may be expelled from the Membership of the Seventeenth Lok Sabha,» the report stated. What's the road ahead for Mahua Moitra: As per legal experts, Mahua can challenge her expulsion in the court of law, citing that " there was no evidence of cash or gift given to her." Minutes after her expulsion as a Lok Sabha member, Moitra said she has been found guilty of breaching a code of ethics that does not exist and that there was no evidence of cash or gift given to her. Is there any precedence similar to Mahua Moitra's case: In December 2005, the Lok Sabha had expelled 10 members and a Rajya Sabha member from Parliament in a cash-for-query scam. In 2005, a sting operation conducted by online news site Cobrapost and aired on a private TV channel brought to light a cash-for-query scam.
08.12 / 11:35
Provident FIVE show reports travelers shock recommendations Canada to limit student visas if provinces don’t curb diploma ‘mills’
Canada is threatening to cap the number of foreign student visas if the quality of education and housing doesn’t improve for the newcomers, a move that would limit an important source of revenue for colleges and universities. “We are prepared to take necessary measures, including significantly limiting visas, to ensure that designated learning institutions provide adequate and sufficient student supports,” Immigration Minister Marc Miller told reporters at an Ottawa event Thursday. Think you check all the immigration boxes? Find out The number of foreign students in Canada has nearly tripled in the past decade, reaching more than 800,000 last year. The students pay about five times as much tuition as Canadians and are also grappling with soaring housing costs due to a severe supply shortage. Post-secondary schools, and the provinces and territories that regulate them, have until September to ensure that international students are “set up for success,” Miller said. Canada has a responsibility to support newcomers and protect them from “unscrupulous individuals” who offer inadequate living conditions with inflated prices, he added. “There are in provinces the diploma equivalent of puppy mills that are just churning out diplomas and this is not a legitimate student experience,” he said. “There is fraud and abuse and it needs to end.”
08.12 / 09:33
Citi recommendations Planning to buy a car? Maruti Suzuki is offering discounts of up to Rs 2.3 lakh on select models. Here are details
Maruti Suzuki is offering attractive discounts on select models in the Indian market. From December 2023, customers can take advantage of these discounts on models like Jimny, Fronx, and Grand Vitara. The discounts are available in the form of cash discounts, exchange bonuses, and corporate benefits.
08.12 / 07:55
Pool WhatsApp Experts show recommendations week IIFL Securities shares jump 14%, hit 52-week high after SAT sets aside SEBI order
Earlier the market regulator had alleged that IIFL Securities failed to segregate client funds, and mixed its own funds with client funds, and misused credit balances in clients’ funds for the benefit of clients having a debit balance. Sebi had alleged that IIFL Securities used pool accounts. Meanwhile, in the latest order, SAT has said there has been no misuse of client funds and «since there is no failure on the part of the appellant to segregate monies of the client nor monies of the client have been misused by the appellant for its own purposes, no penalty could be imposed.» However, it added that IIFL Securities failed to change the nomenclature of the bank accounts of the client as required to be done under the 1993 circular. «Considering the aforesaid that it is only a technical breach, we are of the opinion that in the given circumstances for the two show cause notices, a penalty of Rs 20 lakh in total would be sufficient for the purpose of this case,» it said. The company further clarifies that the issue about the nomenclature of the client accounts has been rectified and the company is compliant with the applicable Regulations/Circulars. At 11.46 am, the scrip was trading 6.6% higher at Rs 125.8 on BSE.
08.12 / 07:23
Booking Experts reports isolate recommendations fall Varun Beverages shares fall 0.51 per cent in Friday's trading session
Varun Beverages Ltd. fell 0.51 per cent to Rs 1070.8 in Friday's trade as of 12:33PM (IST) even as the benchmark Nifty ruled at 20955.15, up 54.0 points. The scrip had closed at Rs 1076.35 in the previous session.
08.12 / 07:23
Target country information reports recommendations Ethics panel recommendation to expel Mahua Moitra political vendetta: TMC MP Sudip Bandyopadhyay
Trinamool Congress leader in Lok Sabha Sudip Bandyopadhyay Friday described the Ethics Committee's recommendation to expel party MP Mahua Moitra in a «cash-for-query» allegation as «political vendetta» and claimed that it was aimed at stopping her from raising issues against the Adani Group. Bandyopadhyay said he had a one-on-one meeting with Lok Sabha Speaker Om Birla, who informed him that the report would be tabled along with a resolution.
08.12 / 07:23
Booking Experts reports isolate recommendations fall Shree Cements shares fall 0.66 per cent in Friday's trading session
Shree Cements Ltd. fell 0.66 per cent to Rs 27804.65 in Friday's trade as of 12:27PM (IST) even as the benchmark Nifty ruled at 20948.55, up 47.4 points. The scrip had closed at Rs 27991.95 in the previous session.
08.12 / 07:01
Provident Man show electronic consequences information recommendations sentencing ‘You’re a predator’: Sentencing hearing for B.C. Mountie who broke trust, pursued teen
A suspended Surrey RCMP officer accused of using his position of authority to engage in intimate relationships with women — both on and off-duty — likely won’t face traditional jail time, a sentencing hearing in B.C. provincial court has heard.

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