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United Nations Security Council, Ukraine’s ambassador in New Delhi said. Ukraine wants India to “moderate” talks between the two warring nations and use its ties with Russia to convince Moscow to join peace talks, Oleksandr Polishchuk said Tuesday. Ukraine has proposed India hold a peace summit before November 2024 aimed at ending the conflict, but it’s not clear yet if New Delhi will agree, he said. “If India is aiming for permanent seat in the United Nation’s Security Council to serve its own interest, it is setting the bar too low,” Polishchuck said.

ONGC and Oil India (OIL) dropped by 3% to Rs 287.30 and 6.4% to Rs 570, respectively, on BSE following a sharp decline in crude oil prices, which usually negatively impacts their profit margins. Crude oil prices have plummeted to nearly three-year lows following a downward revision of demand forecasts by OPEC, primarily driven by reduced Chinese demand. In its monthly report released yesterday, OPEC lowered the global oil demand forecast for 2024 to 2.03 million barrels per day, down from the previous estimate of 2.11 million barrels per day.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Marico Ltd. gained 0.96 per cent to Rs 686.4 in Wednesday's trade. It hit a high of Rs 689.0 and low of Rs 675.05 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 573.62, while the 50-DMA was at Rs 658.48. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Bajaj Housing Finance was subscribed 14.05 times on the third and the last day of bidding on Wednesday, led by strong demand from non-institutional investors (NIIs) and qualified institutional buyers (QIBs). On day two, the issue was subscribed 7.5 times. At 11:30 am, the issue attracted bids for 10,22,02,27,408 shares, or 14.05 times against the issue size of 72,75,75,756 shares. The retail portion was subscribed 5.35 times, while non-institutional investors subscribed 25.2 times. The qualified institutional buyers’ allocation was booked 23.5 times, and the shareholder reservation portion saw 12.76 times subscription.

UN General Assembly kicked off in New York with the presence of the representatives of Palestine, which have been given a seat in the General Assembly Hall next to the UN member states. Palestine is not a full member of the 193 member UN body. The Palestinian Authority's envoy to the United Nations, Riyad Mansour, took his place on Tuesday afternoon at a table marked «State of Palestine» between Sri Lanka and Sudan.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Suzlon Energy surged 5% to reach a day's high of Rs 81.95 on the NSE on Wednesday, marking the second consecutive session of gains and a total increase of over 10% in the two-day rally. The positive investor sentiment is driven by Morgan Stanley's overweight stance on the renewable energy sector. The stock was trading with strong volumes, with nearly 7.6 crore shares changing hands on the NSE around 10 a.m. The total traded value was Rs 617 crore. The stock is nearing its 52-week high of Rs 84.29.

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

Swiggy may increase the fresh issue component of its upcoming IPO to ₹5,000 crore, and will seek the approval of its shareholders for the same at an extraordinary general meeting (EGM) on October 3, it said in a notice to shareholders. The food and grocery delivery company had initially planned to raise ₹3,750 crore in fresh capital in addition to a ₹6,664 crore offer for sale by existing investors. The final size of Swiggy's IPO could be different from the approval it is seeking from its shareholders. Swiggy has made a confidential filing of its draft prospectus for its IPO with the Securities and Exchange Board of India. The company's board of directors had first accorded its approval to the public offering back in April. Tuesday's development was first reported by online news portal Entrackr. Last week, Swiggy reported its financials for the year ended March 31, 2024. It recorded a 36% year-on-year growth in its operating revenue to ₹11,247 crore, while managing to reduce its net loss to ₹2,350 crore, 44% lower than a year ago.

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

Aditya Birla Fashion and Retail (ABFRL) Balrampur Chini, Bandhan Bank, Biocon, Chambal Fertilizers & Chemicals, Hindustan Copper and RBL Bank. The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

Reserve Bank of India has imposed a penalty of ₹1.91 crore on Axis Bank and ₹1 crore on HDFC Bank for non-compliance with regulations. Both banks opened certain savings deposit accounts in the name of ineligible entities. The monetary penalty on Axis Bank pertains to violations done in FY23. The bank allotted multiple customer identification codes to certain customers instead of a unique customer identification code for each customer and obtained collateral security for agricultural loans up to ₹1.60 lakh in certain cases. Besides, Axis Bank's wholly-owned subsidiary undertook business as a technology service provider, which is a violation of the Banking Regulation Act.

Apurva Prasad, Vice President, HDFC Securities, says IT companies with higher BFSI exposure, would be candidates that can potentially surprise on earnings. The other element is if you look at the guidance that the companies have provided for the year, most of the guidance does not bake in the macros recovery or macro getting better. Among mid-tier companies, the ones that continue to do relatively better versus peers would be Persistent Systems. Also, with higher BFSI exposure, names like TCS can be candidates.

Federal Bank with a target price of Rs 225. The current market price of Federal Bank Ltd. is Rs 185.65. Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 45371.92 Crore).

insurance products unchanged. HDFC Life fell 4.4% to ₹703.40, ICICI Prudential Life declined 1.5% to ₹746.50 and ICICI Lombard General Insurance dropped 2.7% to ₹2,172.

Benchmark Sensex climbed nearly 362 points while Nifty ended above 25,000 level higher on Tuesday, marking their second straight day of gains following a rebound in the US markets. Stocks that were in focus include names like GMR Airports, which rose 1.96%, IREDA, which gained 5.3%, and Suzlon Energy, whose shares jumped nearly 5% on Tuesday.

₹600 crore to ₹1,500 crore." Peak XV-backed Awfis listed in May this year. The company raised ₹599 crore selling shares in the range of ₹364- ₹383 apiece. Since then, its stock has doubled and closed at ₹757.20 on the National Stock Exchange on Monday.

Madhabi Buch has maintained her complete silence for weeks on all of the emerging issues. «Buch has maintained her complete silence for weeks on all of the emerging issues,» said the shortseller in a post on X. In reaction, Hindenburg said «New allegations have emerged that the private consulting entity, 99% owned by SEBI Chair Madhabi Buch, accepted payments from multiple listed companies regulated by SEBI during her time as SEBI Whole-Time Member. The companies include: Mahindra & Mahindra, ICICI Bank, Dr. Reddy’s and Pidilite. These allegations apply to Buch's Indian consulting entity with no details thus far on Buch's Singapore-based consulting entity.»

Two US officials who wanted to be anonymous, told the publication that Qin, the former politician has now employed at World Affairs Press. It is a publishing company which is associated with China's foreign ministry. The officials shared with the publication that the demotion took place suddenly. One described it as a «fall from grace» and another one claimed it ,«he's off the hook.» One source stated to the post, «He's not going to jail, but his career is over.» Also Read: Are Taylor Swift's fans or Swifties disappointed with her choice of friends?