Research Financial News

futures contracts of Reliance Industries last week were at the highest level in 18 years as traders mounted bearish bets amid the weakness in the stock in recent months. Analysts said the stock is oversold and a turn in sentiment could prompt liquidation of these bearish bets that could result in outsized moves in the short run. Open interest (OI) or outstanding positions for Reliance Industries were up at 185.38 million shares on November 28 (Thursday), its highest level since 2006, from a low of 68.48 million shares on July 10, according to analysts. Open Interest indicates the number of active contracts comprising bullish and bearish positions.

Citing risk to the economic outlook and the likelihood of a rate cut by the Reserve Bank of India in February, they now predict gross domestic product (GDP) to grow 6.1-6.8% in the year ending March 31, lower than the central bank's forecast of 7.2%. GDP growth was the slowest in seven quarters at 5.4% in July-September, hurt by low consumption and weak investment demand. CareEdge Ratings lowered its FY25 GDP forecast to 6.5%, from 7%. «Urban consumption is seeing moderation after the sharp spurt, post-Covid,» said Rajani Sinha, its chief economist.

Hinduja Tech Ltd has completed the acquisition of Germany-based engineering services provider TECOSIM Group, marking a significant milestone in its vision to be among the top 10 global mobility engineering companies. Hinduja Tech Ltd, a subsidiary of heavy commercial vehicle maker Ashok Leyland, is a mobility-focused global engineering, research and development technology company. The strategic move highlights Hinduja Tech Ltd's ongoing commitment to enhancing its global automotive engineering market leadership. The acquisition would provide operational efficiencies, increased competitiveness, and a stronger global market presence, Hinduja Tech Ltd said in a company statement. «This acquisition reinforces Hinduja Tech Ltd's vision of becoming a global leader in sustainable mobility solutions,» the statement said on Sunday.

Interesting, right? So, now if you are wondering what types of roles are available, here is a quick glimpse into it:

equity market in November, mainly due to the rising US bond yields, strengthening dollar and expectation of a slowdown in the domestic economy. While the sell-off continues, the quantum of net outflow significantly reduced compared to October, when FPIs recorded a massive withdrawal of Rs 94,017 crore (USD 11.2 billion). With the latest pull out, Foreign Portfolio Investors (FPIs) have experienced total net outflow of Rs 15,019 crore in 2024 so far.

Ashish Kacholia's portfolio witnessed a 12% correction since the quarter ended September 2024. The portfolio value declined from Rs 3,498.5 crore at the end of Q2FY25 to Rs 3,078.9 crore as of 30th November 2024, according to data from Trendlyne. Meanwhile, in the September quarter, Kacholia added seven new stocks to his portfolio, including Jyoti Structure, Bharat Parenterals, E2E Networks, Advait Infratech, Radiowalla Network, Aimtron Electronics, and TBI Corn. Notably, Radiowalla Network, Aimtron Electronics, and TBI Corn are SME Emerge stocks.

The findings have therefore highlighted the urgent need for ventilation-sensitive urban planning to address worsening air quality. The study, published in the journal Physics and Chemistry of the Earth, analyzed changes in Hyderabad’s land use and ventilation patterns between 1990 and 2020. During this period, the city’s built-up area surged from 13.7 per cent to 51.8 per cent, while poorly ventilated zones increased from 0.7 per cent to 31.6 per cent.

Sensex and Nifty ended the week nearly 1% higher, marking the second consecutive week of advances amid mixed cues. While easing geopolitical tensions, favorable state election results and MSCI rebalancing supported the market, FII selling limited the upside. «The Indian market is increasingly witnessing severe bouts of volatile trading, as the gyration from positive to negative zones has been very sharp owing to stretched valuation concerns and the lingering selloffs from foreign investors. Despite the recovery, there is no firm trend visible due to lack of fresh positive triggers,» Prashanth Tapse of Mehta Equities said.

In this article

Assam chief minister Himanta Biswa Sarma proposed a series of initiatives aimed at capitalizing on Assam’s strategic location in alignment with India’s Act East Policy. These initiatives include establishing bio-foundries and bio-manufacturing hubs to enhance local industries and stimulate innovation, particularly within the bio-resources sector. Sarma participated in the India International Science Festival (IISF) 2024 at IIT Guwahati.Sarma emphasized the IISF as a testament to India's steadfast commitment to innovation, excellence, and the crucial role that science and technology play in driving national development and prosperity. He noted that this event embodies the vision of Prime Minister Narendra Modi, whose leadership has been instrumental in the development of the Northeast, particularly through the transformative influence of scientific progress. He contended that in our contemporary landscape, a nation's progress is intricately linked to the harmonious integration of technology, resources, and capital, highlighting technology as the primary catalyst for transformation. Such advancements, he posited, are crucial for achieving social equity, reducing poverty, and improving living standards. He noted that from agriculture to healthcare, environmental science, energy production, and communication, science acts as the engine of innovation, significantly enhancing human existence and paving the way for a sustainable future.

weather forecasting. Republicans have the chance to make it better. One way Donald Trump may try to differentiate his second term from his first is by slashing the federal work force and budget and consolidating and restructuring a host of government agencies. For people who care about weather and climate, one of the most concerning proposals on the table is to dismantle the National Oceanic and Atmospheric Administration. The authors of Project 2025, a blueprint for the administration crafted by conservative organizations, claim erroneously that NOAA is «one of the main drivers of the climate change alarm industry» and should be «broken down and downsized.» An arm of Mr. Trump's team, the Department of Government Efficiency, to be led by Elon Musk and Vivek Ramaswamy, wants to eliminate $500 billion in spending by cutting programs whose funding has expired. That could include NOAA.

NASA has recently raised alarms about the existential threats facing Earth, bringing into focus the predictions made by physicist Stephen Hawking prior to his death in 2018. Though the space agency has not endorsed Hawking’s specific timeline of Earth’s demise, it has echoed concerns about the dangers of global warming, overconsumption of energy, and other threats to humanity’s survival. As the climate crisis worsens, the world is left wondering: how close are we to the catastrophic fate Hawking envisioned?

In a statement, Jairam Ramesh accused the Modi government of ignoring the «grim reality» of stagnant wages. He also accused Prime Minister Narendra Modi of «generating hype» while people continue to live in hope.

Subscribe to enjoy similar stories. Warren Buffett has said he looks for businesses that are like castles, protected by moats. Some of today’s best moats aren’t filled with sharks, though—they are packed with data and analysis.

Crisil Ratings has reaffirmed its credit ratings for Adani Group entities, citing sufficient liquidity and robust operational cash flows despite ongoing legal challenges. It pointed out that lenders and investors haven't taken any negative actions against the group.

HSBC retained its 'Buy' rating on Apollo and KIMS and raised the price targets on Rainbow and Aster with a significant capex cycle underway for hospitals in India in 2025. The brokerage said structural drivers such as an ageing population, an increase in lifestyle-related disorders and rising health insurance coverage remain intact for the growth of hospitals.

Gujarat police on Friday said it was probing whether standard operating procedures were in place in connection with the November 27 trench cave-in near the Indus Valley Civilisation site of Lothal, which resulted in the death of a PhD student of Indian Institute of Technology Delhi. Deceased Surbhi Verma (23) and three other researchers were at the ancient Indus Valley Civilisation site, some 80 kilometres from Ahmedabad, for research work and collection of samples when a 10-foot deep trench caved in. «The joint team of IIT Delhi and IIT Gandhinagar had reached the spot to collect soil samples for paleoclimatic study. Surabhi, who was deep inside the pit, died instantly in the cave-in. A woman professor from IIT Delhi was rescued and two researchers from IIT Gandhinagar were unhurt,» said Ahmedabad District Superintendent of Police Om Prakash Jat. Koth police registered an accidental death case and began a probe, he added.

President-elect Donald Trump is creating a National Energy Council that he says will establish U.S. “energy dominance” around the world

After weeks of pushing early deals, retailers in the United States and some other countries are promising bigger discounts on Black Friday

Voltas Ltd. rose 0.27 per cent to Rs 1644.00 in Friday's trade. It hit an intraday high of Rs 1662.35 and low of Rs 1644.00, respectively, during the day. The stock quoted a 52-week high price of Rs 1946.20 and low of Rs 811.50.

Au Small Finance Bank Ltd. 0.57 per cent to Rs 582.55 at 11:42AM (IST) in Friday's trade. The stock has hit a high of Rs 591.80 and low of Rs 582.00 so far during the session. The stock had closed at Rs 585.90 in the previous session. The counter has had a total traded volume of 13419 shares so far with a value of Rs 0.79 crore on the NSE. It traded at a price-to-earnings multiple of 23.81 and a price-to-book ratio of 0.00.