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21.05 / 08:49
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Ex-AAP leader Jagbir Singh Brar joins BJP
Former AAP leader Jagbir Singh Brar joined the BJP here on Tuesday ahead of the remaining two phases of the Lok Sabha elections. Brar, a former Punjab MLA, joined the BJP here at the party headquarters in the presence of senior leaders, including party national general secretary Tarun Chugh. Before joining the AAP about a year ago, Brar was a member of the Shiromani Akali Dal. He had won the Jalandhar Cantonment seat on a SAD ticket in the 2007 assembly elections.
21.05 / 08:49
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Tube Investments shares drop 2.4% as Sensex rises
Tube Investments of India Ltd. traded 2.4 per cent lower in Tuesday's session at 02:09PM (IST). The stock opened at Rs 3780.0 and has touched an intraday high and low of Rs 3780.0 and Rs 3695.55, respectively, during the session so far. The stock quoted a 52-week high of Rs 4159.5 and a 52-week low of 2647.1. About 4,853 shares changed hands on the counter so far.
21.05 / 08:49
Extreme
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12-year-old hospitalised in Bengaluru after eating liquid nitrogen paan. Here is why consuming it can prove fatal
Food innovations and fancy plating often allure us, but the side effects of many innovations, which might look pleasing to the eye, can be dangerous. One such innovation is the use of liquid nitrogen, which recently led to a 12-year-old girl in Bengaluru suffering a hole in her stomach after consuming liquid nitrogen paan. By the end of April, the girl developed stomach discomfort, leading to a diagnosis of perforation peritonitis—a hole in her stomach. It is reported that the girl wanted to try the trend of foods infused with liquid nitrogen because it looked interesting to her. Doctors emphasized the need for immediate surgery to prevent further complications. The girl underwent an exploratory laparotomy with intra-op OGD scopy and sleeve gastrectomy, removing a portion of her stomach measuring about 4x5 cm on the lesser curvature.
21.05 / 08:49
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Who are Vedant Agarwal and his father Vishal? Youngster's rash driving kills to Pune techies
Pune has already have already committed a crime which can lead to an adult being sentenced for life! 17-year-old Vedant Agarwal hit headlines when his Porsche SUV, knocked down two people who were travelling on a two-wheeler. The victims a pair of IT employees -Ashwini Koshta (24) and Aneesh Awadhiya, died on the spot. Both of them were from Madhya Pradesh. The incident took place at Kalyani Nagar, Pune. The vehicle, which did not have a registration number, collided with the roadside pavement railings after striking the pair. A video circulating on social media depicted a crowd of individuals assaulting the driver as he attempted to extricate himself from the crashed car. An eye witness told the police that The Porsche was traveling at a speed of approximately 200-240 km/hr, with three occupants, including Vedant, in an intoxicated state.
21.05 / 08:49
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Axis Capital upgrades IEX rating, raises target price to Rs 170
exchanges, Axis Capital raised the target price for IEX to Rs 170 with an ‘add’ rating for the stock from an earlier ‘sell’ recommendation. “If the present valuation stays intact, the stock performance may track earnings growth. We believe there is a tactical opportunity to make returns in IEX by riding the power demand growth and improved liquidity on exchanges,” said a report by Axis Capital.
21.05 / 08:49
Forbes
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cricket
Mukesh Ambani to host Anant-Radhika's 2nd pre-wedding celebration on cruise? All you need to know about date, venue, guest list
Nita Ambani are preparing for a second round of pre-wedding festivities for their son Anant Ambani and his fiancée Radhika Merchant. This comes after a lavish three-day celebration in Jamnagar, Gujarat, earlier this year. The initial pre-wedding event in Jamnagar saw around 1,200 guests, including notable figures like Meta founder Mark Zuckerberg, Microsoft co-founder Bill Gates, global pop star Rihanna, cricketers Sachin Tendulkar and MS Dhoni, and Bollywood stars such as Shah Rukh Khan, Alia Bhatt, and Katrina Kaif. Forbes reported that Mukesh Ambani spent a colossal Rs 1259 crore on his son and future daughter-in-law’s pre-wedding festivities.
21.05 / 08:19
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Explained: What's driving the ongoing uptrend in metal stocks?
Also Read: Copper prices hit all-time high to break March 2022 record; what's driving the rally? Copper on the LME has surged by 28% this year, while SHFE copper has increased by 25%. SHFE copper inventories remain low compared to the beginning of 2024, despite May typically being a period of strong copper demand in China. Nickel prices have also risen sharply, nearing $21,000 per ton in the previous trading session, marking their highest level since September 2023.
21.05 / 08:11
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Why power stocks are a healthy combination of high growth and reasonable valuations
energy demand, and a move towards renewable energy sources are driving a dramatic transformation of the Indian power sector. Both domestic and foreign investors may find lucrative investment opportunities in this sector. India's power consumption is expected to almost double due to urbanization, economic growth, and rising per capita income by 2040. India's growth trajectory is attracting investments across the value chain, positioning the country as a major player in the global energy markets, in our view.
21.05 / 07:09
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Colgate-Palmolive
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Colgate-Palmolive shares fall 0.8 per cent in Tuesday's trading session
Colgate-Palmolive (India) Ltd. fell 0.8 per cent to Rs 2669.3 in Tuesday's trade as of 12:22PM (IST) even as the benchmark Nifty ruled at 22536.2, up 34.21 points. The scrip had closed at Rs 2690.9 in the previous session. The stock quoted a 52-week low of Rs 1567.65 and a high of Rs 2961.15. The company quoted a market-cap of Rs 73436.12 crore on the BSE.
21.05 / 07:09
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Ashok Leyland shares down 0.33% as Nifty gains
Ashok Leyland Ltd. traded 0.33 per cent down in Tuesday's trade at 12:17PM (IST). Around 425,208 shares changed hands on the counter. The counter opened at Rs 211.25 and touched an intraday high and low of Rs 211.9 and Rs 209.2, respectively, in the session so far. The stock of Ashok Leyland Ltd. quoted a 52-week high of Rs 211.9 and a 52-week low of Rs 144.2.
21.05 / 07:09
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Share price of Tata Elxsi falls as Sensex drops 10.23 points
Tata Elxsi Ltd. dropped 0.81 per cent to Rs 7251.4 at 12:27PM (IST) in Tuesday's trade. The scrip hit a high of Rs 7347.3 and low of Rs 7245.45 so far during the session. The stock had closed at Rs 7311.1 in the previous session. The counter had a total traded volume of 12:27PM shares so far with a turnover of Rs 1.64 crore on BSE. The stock traded at a price-to-earnings multiple of 57.46 and a price-to-book ratio of 19.34.
21.05 / 06:55
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PI Industries shares up 0.21% as Nifty gains
PI Industries Ltd. traded 0.21 per cent up in Tuesday's trade at 12:07PM (IST). Around 2,688 shares changed hands on the counter. The scrip opened at Rs 3589.05 and touched an intraday high and low of Rs 3595.0 and Rs 3547.1, respectively, in the session so far. The stock of PI Industries Ltd. quoted a 52-week high of Rs 4032.0 and a 52-week low of Rs 3060.0.
21.05 / 06:25
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Bhilwara Technical Textiles Q4 results : profit at ₹3.1Cr, Revenue increased by 214.49% YoY
₹3.1 crore in profit. The positive results mark a significant turnaround for Bhilwara Technical Textiles, as they had reported a loss of ₹2.29 crore during the same period in the previous fiscal year.
21.05 / 06:25
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Nvidia earnings could spark $200 billion swing in shares, options show
Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert.
21.05 / 06:25
UPS
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cricket
Sporting
Team India's next head coach: BCCI turns to MS Dhoni to convince former NZ player to replace Rahul Dravid. Details here
Hindustan Times report, CSK coach Fleming was the board's first choice to appoint as India's head coach after the T20 World Cup, however, the former Kiwi skipper expressed his reluctance to commit untill 2027. Sources also told HT that Fleming had made it clear with the BCCI in the initial discussions, after which the board started to look for other options inclduing Gautam Gambhir, Ricky Ponting, Justin Langer, Mahela Jayawardene.
21.05 / 06:03
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BJP losing or winning? Here is what punters of Rajasthan's popular Phalodi satta market are predicting
Phalodi Satta Bazaar Prediction: As the results date for the Lok Sabha elections draws near, Rajasthan's renowned Phalodi Satta Bazaar has gained attention for its predictive betting assessments. With five phases of voting completed and two phases remaining, speculation is high on which party will secure a majority and form the next government at the Centre. The Phalodi Satta Bazaar has a history of accurate predictions, whether it be elections, cricket matches, or weather forecasts. Phalodi Satta Bazaar’s Predictions for BJP The betting market suggests a strong performance for the BJP, predicting they will win approximately 300 seats as of May 13, 2024. In contrast, the Congress is projected to secure only 40-42 seats, a decline from their 52 seats in the 2019 elections. The remaining seats are expected to be distributed among other parties. If these predictions hold true, it would reinforce the accuracy of the Phalodi Satta Bazaar's assessments.
21.05 / 06:03
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Cash flow struggles, access to finance continue to be major barriers for India’s small businesses: CPA Australia survey
India’s small businesses last year. Among various costs, staff costs and materials were the costs that caused the most harm to small businesses in 2023, findings by global accounting body CPA Australia revealed in its latest survey. To cover increasing expenses and support business growth, many Indian small businesses sought external funds, the survey noted. “68% sought external funds last year, dropping 20 percentage points from 2022. However, reflecting strong growth expectations, 81% plan to access finance this year,” it stated. The survey, which collected views from 4,222 small businesses in 11 Asia-Pacific markets across Australia, Mainland China, and Malaysia, also included 505 respondents from India.
21.05 / 06:03
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International
Stock market update: Nifty Auto index advances 0.07% in a weak market
Balkrishna Industries Ltd.(up 9.44 per cent), Samvardhana Motherson International Ltd.(up 2.01 per cent), Exide Industries Ltd.(up 1.09 per cent), Maruti Suzuki India Ltd.(up 0.47 per cent) and Tata Motors Ltd.(up 0.32 per cent) were among the top gainers.
21.05 / 06:03
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Pharmaceuticals
Stock market update: Nifty Pharma index falls 0.11% in a weak market
Mankind Pharma Ltd.(up 1.74 per cent), Divi's Laboratories Ltd.(up 1.18 per cent), Biocon Ltd.(up 1.12 per cent), Cipla Ltd.(up 0.98 per cent) and Sanofi India Ltd.(up 0.92 per cent) were among the top gainers.
21.05 / 06:03
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Avenue Supermart shares gain 0.99% as Sensex falls
Avenue Supermarts Ltd. traded 0.99 per cent higher in Tuesday's session at 11:11AM (IST). The stock opened at Rs 4655.05 and has touched an intraday high and low of Rs 4732.9 and Rs 4613.15, respectively, during the session so far. The stock quoted a 52-week high of Rs 4892.2 and a 52-week low of 3375.25. About 2,646 shares changed hands on the counter so far.
21.05 / 05:35
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International
Prosecution rests in Trump hush money trial, judge admonishes defence witness
Donald Trump’s lawyers on Monday pressed the judge overseeing his hush money trial to stop the case from going to the jury and throw out the charges after prosecutors concluded their presentation of evidence.
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