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Mint. Here is SP (name withheld on request), who narrates his story offering valuable lessons for anyone considering entering the high-risk world of options trading: Over the past eight to nine years, I lost approximately ₹60 lakh in options trading, a loss so severe that I am now deeply in debt, which is almost that amount. I owe money to 11 different lenders.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

PI Industries Ltd. fell 0.62 per cent to Rs 4400.0 in Friday's session as of 12:58PM (IST) even as the equity benchmark Sensex traded 64.05 points higher at 81117.24. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4581.8 and a 52-week low of Rs 3060.0 on NSE. Around 684 shares changed hands on the counter till 12:58PM (IST).

Anil Ambani, the former chairman of Reliance Home Finance (RHFL), and 24 other entities from the securities market for five years. This decision follows allegations of fund diversion from RHFL, where Ambani and key officials were found to have orchestrated a fraudulent scheme. Sebi also imposed a fine of Rs 25 crore on Ambani, alongside penalties on other individuals and entities involved.

Indian community in Ukraine. While Indian medical students were evacuated, long-term Indian residents faced stark choices, unable to abandon businesses and connections they had built over decades. Many, like Nagender Parashar, had to relocate their operations within Ukraine to ensure continued support for both their employees and local communities, as reported by TOI. «I had to shift my factory from Kyiv to Marshyntsy in Chernivtsi Oblast near the border with Romania. So many of my workers and their family members depended on me. I couldn’t abandon them,” says Parashar, whose prosthetics manufacturing business has become a crucial support system for Ukrainian amputees affected by the war. “Slowly, I had to bring my staff to Marshyntsy and continue my work.” For other long-term Indian residents like Ram Dange, the challenges were immense. “There were around 2,500 long-term Indian residents in Ukraine before 2022. Many of us got married and have families here. The outbreak of full-fledged war divided our families because we had to relocate our loved ones to safer locations and countries. But we had to stay behind for the sake of our businesses.»

Voltas Ltd. traded 0.02 per cent up in Friday's trade at 12:52PM (IST). Around 19,155 shares changed hands on the counter. The scrip opened at Rs 1677.2 and touched an intraday high and low of Rs 1693.9 and Rs 1670.25, respectively, in the session so far. Shares of the company of Voltas Ltd. quoted a 52-week high of Rs 1693.9 and a 52-week low of Rs 806.9.

United Spirits Ltd. slipped 1.08 per cent to Rs 1433.9 in Friday's trade as of 11:52AM (IST). The stock hit a high price of Rs 1458.6 and low of Rs 1432.5 during the session. The return on equity (ROE) for the stock stood at 19.77 per cent. Traded volume on the counter stood at 11:52AM shares and turnover at Rs 0.61 crore around that time. The stock of United Spirits Ltd. quoted a 52-week high price of Rs 1480.0 and 52-week low prices of Rs 981.25, respectively.

Adani Power Ltd. traded 1.17 per cent higher in Friday's session at 10:15AM (IST). The stock opened at Rs 685.5 and has touched an intraday high and low of Rs 689.0 and Rs 679.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 896.75 and a 52-week low of 289.3. About 178,434 shares changed hands on the counter so far.

Trent (TRENT), a subsidiary of Tata Group, and Indian public sector aerospace and defence electronics company Bharat Electronics (BHEL) may find a place in the Nifty 50 index in the Index Maintenance Sub-Committee meeting to be held on August 23, according to JM Financial. LTI Mindtree (LTIM) and Divis Laboratories (DIVI) are likely to be excluded, it said. The Nifty 50 index is reviewed twice a year, based on six-month data ending January 31 and July 31. The index represents 50 stocks based on free-float market capitalization and liquidity, with an average impact cost of 0.50% or less for 90% of the observations for a basket size of Rs 10 crore. The next index reshuffle will be effective from September 30.

Tube Investments of India Ltd. rose 0.84 per cent to Rs 4096.1 in Friday's trade. It hit an intraday high of Rs 4169.0 and low of Rs 4092.0, respectively, during the day. The stock quoted a 52-week high price of Rs 4666.0 and low of Rs 2752.3.

Sheetal Thamby has issued a legal notice to Manju Warrier, accusing the actress-producer of negligence on the set of the film 'Footage', which allegedly led to Sheetal sustaining severe injuries. According to the reports by Asianet News, the notice demands Rs 5 crore in compensation for the physical and financial toll resulting from the incident. Sheetal, who also served as an assistant director on the film, was injured while performing a fight scene in the Chimmini forest area. The legal notice claims that multiple takes of the scene were required, and the absence of proper safety measures contributed to the injury. Despite the seriousness of her condition, Sheetal alleges that the production company, Movie Bucket, failed to provide adequate medical attention, forcing her to undergo surgery at her own expense. So far, the company has only provided Rs 1.80 lakh in installments, leaving her financially burdened and unable to work. Ranjith Marar, Sheetal's lawyer, emphasised that there was no ambulance or basic medical facilities available on set, which worsened her situation. He also pointed out that Sheethal was made to perform the stunt herself—a task generally assigned to stunt doubles—leading to a significant escalation of her injuries. Despite her direct pleas for assistance and her participation in the film’s promotional activities, Sheetal claims that the promised compensation was never delivered, compelling her to take legal action against Manju Warrier and Bineesh Chandran of Movie Bucket.

Shriram Finance Ltd. slipped 0.45 per cent to Rs 3128.15 in Friday's trade as of 11:46AM (IST). The stock hit a high price of Rs 3165.75 and low of Rs 3128.05 during the session. The return on equity (ROE) for the stock stood at 15.04 per cent. Traded volume on the counter stood at 11:46AM shares and turnover at Rs 0.82 crore around that time. The stock of Shriram Finance Ltd. quoted a 52-week high price of Rs 3189.0 and 52-week low prices of Rs 1760.9, respectively.

CDSL) surged 6% to a day's high of Rs 1,558.85 on the NSE after the stock began trading on a pre-bonus basis. The record date for the bonus issue was set for Saturday, August 24. Since Saturday is a market holiday, today serves as the ex-date for the bonus issue. Bonus shares will be issued to shareholders listed as of the record date. Under the T+1 framework, the record date and ex-date are usually the same unless a market holiday intervenes.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

ET Markets analysed data of all companies with a market capitalization of at least Rs 5,000 crore and found that there were 40 companies which reported over 50% drop in their net profits in Q1.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Intel's director Lip-Bu Tan, a semiconductor industry veteran brought in two years ago to help with the chipmaker's comeback effort, has stepped down from its board, the chipmaker disclosed in a filing on Thursday. Tan informed the company on Monday that he was resigning from the board effective immediately. The news of Tan's departure comes at a challenging time for Intel, which recently forecast third-quarter revenue below market estimates and announced plans to cut more than 15% of its workforce, approximately 17,500 employees, and suspend its dividend starting in the fourth quarter.

FSN E-Commerce Ventures, the parent company of the beauty brand Nykaa, have recently seen a sharp rally as the stock surged 20% in one month, of which 11% surge took place in just the last week. Investor enthusiasm was also fueled after the company reported a Rs 13.64 crore profit in the first quarter ended June 2024, displaying a 152% YoY jump. The revenue from operations for the reporting quarter stood at Rs 1,746.11 crore, which was also up by 23% from Rs 1,421.82 crore reported in the corresponding quarter of the previous financial year.

Ambuja Cements, Nykaa, Adani Power, Bharti Airtel, Wipro among others will be in focus due to various news developments. Ambuja Cements The Adani Group is likely to sell a 2.84% stake in Ambuja Cements on Friday through a block deal to raise around Rs 4,200 crore, ET reported.

The Italian coast guard says the body of British tech magnate Mike Lynch is among those recovered off the coast of Sicily from the wreckage of a superyacht whose builders had called unsinkable