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«While recent index movements have lacked clear direction, the resilience of the banking sector, which carries significant weight, is a positive sign. Amid these mixed signals, participants should prioritize selective stock picking and robust risk management strategies,» said Ajit Mishra – SVP, Research, Religare Broking.

HDFC Life surged 8% on Thursday as analysts at most top brokerages retained share price targets after better-than-expected third-quarter results. The stock closed at ₹641.7. «The results were above the expectations of the market, and it seems that the impact on margins has likely bottomed out,» said Abhishek Pandya, research analyst at StoxBox. «The market will also be watching for regulatory clarity regarding bancassurance and potential taxation changes going ahead.»

Hindenburg Research, the controversial short-selling firm, winds down, the impact of its stinging report on the share prices of Adani Group, one of its most notable targets, still lingers. The group's total market value is still 34% below the levels when the Hindenburg report was released on January 24, 2023, accusing the conglomerate of 'stock price manipulation' and 'accounting fraud'. The silver lining is that the conglomerate's financial parameters are pointing to better health. Out of the 11 Adani stocks listed then, seven are yet to recover to the pre-Hindenburg levels though the Nifty index has rallied 29% since then. Three stocks, such as Adani Total Gas, Adani Energy Solutions, and Adani Wilmar, are trading 50-83% lower; while NDTV, Adani Green and Adani Enterprise are down by 30-50%. Adani Power has doubled since the Hindenburg report while Adani Port gained 48%.

Bank of Maharashtra managing director Nidhu Saxena said that he would not mind compromising growth a bit to maintain high asset quality. «We have stressed upon the quality of advances. However, we are happy that the bank achieved 21% advances growth despite stricter underwriting standards.» The state-owned lender reported a 36% year-on-year rise in net profit at Rs 1406 crore for the December quarter while operating profit rose 14.5% at Rs 2303 crore.

Subscribe to enjoy similar stories. Hindenburg Research which set off a firestorm in India with withering allegations against the Adani Group is being disbanded, marking the end of the American short-seller feared for successfully targeting dozens of corporations. Nathan Anderson, who founded the research firm seven years ago, announced the closure but did not specify a reason for the decision.

H-1B is heavily flawed — and has only grown more so since its inception in 1990. It has also cracked open a major schism in the MAGA movement, which has long been defined by President-elect Donald Trump’s opposition to immigration.

stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, 52 Weeks Entertainment(20.00%), Aeroflex Industries(20.00%), Mahindra EPC(20.00%), Brand Concepts(19.99%), DHP India(19.99%), Silverpoint Infratech(19.94%), G G Automotive Gears(19.78%), Bhartia Bachat(19.52%), Active Clothing Co(16.78%) and Ircon Intl.(16.03%).

Waaree Technologies hit their 5% upper circuit at Rs 383.75 on the BSE in intraday trade after the company announced that it won an order for 99 sets of solar off-grid combo sets on Wednesday. “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulation”), please take note that the company has received an order of 99 sets of solar off-grid combo sets on January 15, 2025, from a customer engaged in the trading activities, to be delivered in three months,” the exchange filing to the stock exchanges said.

If consumer tech, mobility, and automation weren’t enough, AI will now also help you meet your soul mate. Hinge, one of the most popular dating apps, has introduced the prompt feedback tool. Users can now write prompts according to the input from the tool. The tool is now available for English-speaking users. Budget with ETBefore budget, a few positives blink on Sitharaman's dashboardWill Sitharaman make roti, kapada, makaan affordable again?Rail Budget may see up to 2

Hindenburg Research, the US short seller that mounted an attack on the Adani Group and Sebi chief Madhabi Puri Buch, is shutting down. Founder Nate Anderson did not specify any one reason to disband it. «There is not one specific thing — no particular threat, no health issue, and no big personal issue,» he said. «As I've shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research,» he added. He explained that the plan was to wind up operations after completing their pipeline of investigative ideas. Notably, the firm recently concluded its final projects related to Ponzi schemes, marking the end of its research activities.

BEIJING — As promised government support is still to meaningfully kick in, China's economy hasn't yet seen the turnaround investors have been waiting for.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. traded 0.3 per cent in Thursday's trade at 01:28PM (IST). Around 37,594 shares changed hands on the counter. The stock opened at Rs 5850.00 and touched an intraday high and low of Rs 5950.00 and Rs 5760.00, respectively, in the session so far. The stock of <a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. quoted a 52-week high of Rs 6448.75 and a 52-week low of Rs 3350.05.

United Spirits Ltd. traded 0.22 per cent at Rs 1415.00 at 01:07PM (IST) on Thursday, even as BSE benchmark Sensex 305.26 points to 77029.34. The scrip had settled at Rs 1411.85 in the previous session. The stock quoted a 52-week high price of Rs 1700.00 and 52-week low of Rs 1055.65, respectively. As per BSE data, total traded volume on the counter till 01:07PM (IST) stood at 6350 shares with a turnover of Rs 0.91 crore.

PI Industries Ltd. 0.19 per cent to Rs 3453.40 at 01:13PM (IST) in Thursday's trade. The counter has hit a high of Rs 3512.50 and low of Rs 3447.00 so far during the session. The stock had closed at Rs 3460.25 in the previous session. The counter has had a total traded volume of 4264 shares so far with a value of Rs 1.47 crore on the NSE. It traded at a price-to-earnings multiple of 29.52 and a price-to-book ratio of 6.74.

Havells India Ltd. 1.37 per cent to Rs 1548.60 at 01:02PM (IST) in Thursday's trade. The stock hit a high of Rs 1557.50 and low of Rs 1525.00 so far during the session. The stock had closed at Rs 1527.65 in the previous session. The counter had a total traded volume of 01:02PM shares so far with a turnover of Rs 2.93 crore on BSE. The stock traded at a price-to-earnings multiple of 68.63 and a price-to-book ratio of 12.75.

A nonprofit research lab is getting attention from some wealthy tech philanthropists

Subscribe to enjoy similar stories. The issue of mandatory attendance at India’s colleges and universities made news recently when BITS Pilani vice-chancellor V. Ramgopal Rao lauded his institution’s long-standing zero-attendance policy.

Subscribe to enjoy similar stories. Indian hospitals are likely to witness steady year-on-year (y-o-y) earnings growth in the December quarter (Q3FY25), even as sequential performance may be impacted owing to seasonality. Investors can expect hospitals to fare better than diagnostics companies.

ACC Ltd. 2.62 per cent to Rs 2024.10 in Thursday's trade as of 10:40AM (IST). The stock hit a high price of Rs 2054.00 and low of Rs 2004.05 during the session.

Hindenburg Research, whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down, its founder Nate Anderson announced Wednesday.