Security Financial News

Ambuja Cements Ltd. traded 0.16 per cent up at Rs 685.05 at around 12:07PM (IST) on Tuesday. The stock had closed at Rs 683.9 in the previous session. Equity benchmark Sensex traded 152.7 points higher at 80817.56 around the same time.

Pidilite Industries Ltd. gained 0.02 per cent to Rs 3172.0 in Tuesday's trade. It hit a high of Rs 3191.85 and low of Rs 3147.35 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 2766.22, while the 50-DMA was at Rs 3065.96. 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.

Muharram during which they raised pro-palestinian slogans. This traditional procession from Guru Bazar to Dalgate in Srinagar was banned from 1989, when people took up arms in the Valley, and the administration lifted the ban in 2023, after a series of meetings and conditions put before the community leaders. The administration had made elaborate security arrangements and deployed forces on the procession route to ensure an incident free program. The 4.5 kms long procession, as per the orders of the administration started at around 6am from Guru Bazar area and passed through the Maulana Azad Road before concluding peacefully at Dalgate. The mourners carried pro-palestinian flags, raised pro-palestinian slogans and wore black bands and palestinian badges on their arms and chests. The administration had directed the Shia community to take out the procession between 6 am and 8 am and ensure that no anti-national slogans were raised during the procession.

₹1 trillion through support from banks, two officials toldMint. The infra lender’s total capital as of 31 March was ₹28,560.8 crore. Although the discussions are not centred around any particular state-owned infrastructure lender, the move is expected to benefit NaBFID as it is the only development finance institution (DFI) created to fund long-term infrastructure, the officials said.

The Hong Kong Securities and Futures Commission (SFC) has identified seven unauthorized cryptocurrency exchanges and placed them on its Alert list for conducting unauthorized activities in the region without obtaining the required licenses.

National Convention, security around the venue and the city of Milwaukee has been increased. This comes immediately after the attempted assassination on the presumptive presidential nominee from the Republican Party. Trump was shot at by Tom Crooks in Butler in the state of Pennsylvania. He survived the assassination attempt by a whisker. Many are describing this arrangement as a ring of steel and there will be a multi-layer security. The entire venue of the convention has been secured and the city is also under a thick layer of security. Further, the residents of this small town have mixed feelings about this increased security.

IDBI Bank's Stressed Assets Stabilisation Fund (SASF), which was looking to recover 11.59% from the sale of non-performing loans worth ₹6,151 crore, has hit a roadblock. Despite receiving 18 expressions of interest from asset reconstruction companies (ARCs) in the initial bidding round, the final round failed to secure any confirmed bids. Following the lack of interest, the reserve price for the auction has been reduced to ₹642 crore. The lender has launched another process on July 12. The deadline for submitting EOIs is July 16. The sale will be 100% cash-based, with EY running the process as the advisor.

OpenAI whistleblowers have filed a complaint with the Securities and Exchange Commission and asked the agency to investigate whether the company illegally restricted workers from speaking out about the risks of its artificial intelligence technology

Kitces.com, the namesake website of financial planning industry thought leader Michael Kitces, has announced a new virtual event to help investment advisor representatives get to grips with updated ethical requirements.

Trump is poised to reveal his vice-presidential pick at the Republican National Convention in Milwaukee. Ohio Senator JD Vance is currently the frontrunner, with political analysts closely watching his potential selection. Other names on the shortlist include Florida Senator Marco Rubio and North Dakota Governor Doug Burgum.

Niti Aayog has said. Niti Aayog, in a report titled 'Domestic Manufacturing Capacity & Potential Cyber Security Challenges in the Wind Sector and Way Forward', said wind turbines' capability to exchange information through power plant controllers (PPC) poses a significant cybersecurity threat. «The PPC software is of critical importance and associated with risks — used in the device which connects the wind farm directly to the national/state grid. »PPC OEMs of foreign origin, especially neighbouring countries, need to be examined, and a call needs to be taken for their suspension while not adhering to the protocol," it said.

Euro Cup 2024 has seen some interesting rules set by UEFA before the start of the championship earlier. As a result, once the prestigious tournament ended, England's Harry Kane ended up sharing his Golden Boot trophy with five other players who were also the top goal scorers in the entire tournament. This was rather due to a bizarre rule set by UEFA that suggests the highest goal scorers across the tournament will receive the Golden Boot, and if there are more than one player in this list, they will be sharing this award.

Indian rupee weakened against the dollar as the greenback strengthened globally due to investors’ risk aversion after an assassination attempt on former US president Donand Trump and as weakness in the Chinese yuan weighed on Asian currencies, dealers said. The rupee closed at 83.59 against the US dollar on Monday, versus the previous close of 83.53, LSEG data showed. The dollar index touched a high of 104.32

Donald Trump cements his hold on his Republican Party at its 2024 convention this week, having survived an assassination attempt and navigated numerous legal tangles on the road to the party's presidential nomination. During the four-day event beginning on Monday, the former president will announce his choice for a running mate, having cited as frontrunners Ohio U.S. Senator J.D. Vance, Florida U.S. Senator Marco Rubio and North Dakota Governor Doug Burgum, all of whom will speak at the gathering. While the event in Milwaukee, Wisconsin, will be a festive affair to formally nominate Trump, it occurs at a tense moment in U.S. history on the road to the Nov. 5 election rematch between President Joe Biden, 81, and Trump, 78.

Donald Trump a security lapse? Though there is no foolproof security anywhere in the world, the question being asked is why it happened, and how it can be prevented in the future. Also, it was not the first assassination attempt on a former president or an incumbent one. Ronald Reagan was attacked in 1981 when he was the US president. Former Secret Service agent Tim McCarthy, who defended Reagan from a gunman, has compared the recent assassination attempt to the Reagan shooting. Talking to the local television channel 'WGN News', he said that it was a plain and simple security failure. He added that when President Regan was shot, that was also a failure.

Bank of Maharashtra is planning to raise Rs 5,000 crore in equity this year as part of a two-year strategy to pare the government stake to 75% to conform to the market regulation. The bank said it needs to raise a total of Rs 6,700 crore at current price to bring down the promoter holding below the threshold level.

anti-terrorism court here on Monday charged top Pakistan Tehreek-e-Insaf leader and former foreign minister Shah Mahmood Qureshi in a case involving the burning down of a police station during the May 9 violence last year. Qureshi, 68, who was brought to Kot Lakhpat jail here from Adiala jail in Rawalpindi under tight security, has several cases related to May 9 violence, including arson, filed against him at the Shadman police station. The court had summoned Qureshi to initiate indictment proceedings against him and ordered the prosecution to present witnesses in the next hearing scheduled for July 22. Qureshi, who was produced before ATC Judge Khalid Arshad, however, denied the charges.

A suspected attack by Yemen’s Houthi rebels has targeted a ship in the Red Sea

BJP retired, reducing the party’s strength in the Upper House to 86 and the NDA’s to 101, from a current total of 226 due to 19 vacancies. Despite this reduction, the NDA can still pass key legislation with the support of seven non-aligned nominated members, two Independents, and allied parties such as AIADMK and YSRCP during the upcoming budget session. However, promptly filling the vacancies in the nominated category is essential to minimize the alliance's reliance on these external supports. The retiring nominated members include Rakesh Sinha, Ram Shakal, Sonal Mansingh, and Mahesh Jethmalani. They had joined the BJP after their nomination to Rajya Sabha. Another nominated member currently with the BJP is Gulam Ali, who will retire in September 2028.

The near-term trend of Nifty remains positive. Having sustained above the hurdle of 24,400 levels (1.618% Fibonacci extension), there is a higher possibility of further gradual upmove in Nifty towards 24950 levels in the next one week. Immediate support is at 24,450, said Nagaraj Shetti of HDFC Securities.

The growth of stablecoins has been a key trend in crypto this year. As the number of stablecoin holders increased by over 15% in 2024, nearing 100 million, several new projects with transformative technological features are entering the market.