Security Financial News

Stocks to buy today: As the Indian stock market is facing challenges from the domestic and global developments, a smart investor would look a this stock market crash as an opportunity for the bottom fishing. As the selling has taken place across segments and sectors, a smart choice may generate whopping returns beating the indices and other peers.

The Employees' Provident Fund (EPF) is a well-known retirement savings scheme in India, overseen by the Employees' Provident Fund Organisation (EPFO). Under the scheme, the employer deducts a portion of an employee's salary each month and puts it into a fund that earns interest. This money can be withdrawn after retirement. The employer contributes 12% of the basic salary plus dearness allowance to EPF and deducts another 12% from the employee’s salary; 8.33% of the employer contribution goes to the Employees Pension Scheme (EPS) which earns no interest. 

LTIMindtree Ltd. traded 1.1 per cent up at Rs 5203.7 at around 01:29PM (IST) on Friday. The stock had closed at Rs 5261.75 in the previous session. Equity benchmark Sensex traded 457.35 points lower at 72639.93 around the same time.

Rajasthan, is one of the 25 Lok Sabha constituencies in the state. Known for its historical significance and vibrant culture, Jhunjhunu boasts several tourist attractions like the Rani Sati Temple, Kali Pahari, and Khetri Mahal. The city is also home to esteemed educational institutions like GB Shah Girlt College, Seth Motilal Post Graduate College, and Shri Netram Maghraj College. Jhunjhunu Lok Sabha Elections: Dates and schedule The 2024 Jhunjhunu Lok Sabha Elections are expected to take place in April or May, with the exact dates yet to be confirmed by the Election Commission of India. This election has garnered significant interest from political observers and the public alike, with results expected to further intensify the political landscape in the region.

With elections slated to take place some time around April-May 2024, the Prime Minister Narendra Modi-led Bharatiya Janata Party is looking to come back to power for the third consecutive term, having bagged the majority in 2014 and 2019. Campaigning for the upcoming polls are already underway, with the BJP confidently claiming that the party would clinch over 400 seats in the 543-seats strong Lok Sabha.

advance tax payment liabilities have been facing problems of wrong or inflated incomes being shown in their Annual Information Statements (AIS). Taking cognisance of this issue, the Central Board of Direct Taxes (CBDT) has asked the taxpayers to wait for the updated data to be reflected on its 'AIS Compliance Portal' as certain financial data related to stock market and mutual fund transactions are being updated. «Data pertaining to Information categories 'Sale of securities and units of mutual fund', 'Purchase of securities and units of mutual funds', 'Off market credit transactions' & 'Off market debit transactions' is being updated. Kindly wait for the updated data to be reflected on the portal,» CBDT stated on the AIS Compliance Portal website. Since the fourth instalment of advance tax for individuals is due on March 15, 2024 for FY 2023-24, many individuals might be worried if they would be penalised if there is a discrepancy. Experts suggest that there is no need to be anxious about paying advance tax on such inflated/wrong transaction value data on AIS.

RailTel Corporation of India jumped 9% to Rs 369 in Friday's trade on BSE after the firm received a Rs 113.46 crore work order from Odisha Computer Application Centre (OCAC). The order is for setting up IP-MPLS network connectivity in Odisha under OdishaNet Phase 1.0. The project needs to be executed by September 2025, according to the company's regulatory filing.

It's one thing for financial sector regulators to promote prudence by flagging signs of excessive speculation in any area of the securities market; it's quite another to label a class of shares as inherently risky. A class of shares includes various individual companies, some of which might become the next Infosys, Kotak Mahindra Bank, or ITC.

Many of the stocks that are in the portfolios of the accused have given multibagger returns. Gensol Engineering, for example, which has given an eye-popping return of 800% in just 2 years, has lost one-third of its value since March 1.

Narendra Modi is preparing for the upcoming Lok Sabha elections with the rallying cry of ‘Abki Baar 400 paar,’ as he is scheduled to conduct a roadshow in Telangana's Hyderabad and address a public gathering in southern Kerala on Friday. Additionally, Modi intends to visit Telangana and Tamil Nadu as part of his campaign efforts on Friday.

Crompton Greaves Consumer Electricals Ltd. traded 0.67 per cent up at Rs 277.6 at around 10:45AM (IST) on Friday. The stock had closed at Rs 279.5 in the previous session. Equity benchmark Sensex traded 487.61 points lower at 72609.67 around the same time.

Quant Small Cap Fund and 6 days in the Quant Mid Cap Fund. For 25% liquidation, the timeframes are 11 days and 3 days for the small-cap and mid-cap funds respectively. “Our Predictive Analytics tools endorse that there are no classic signs of euphoria in Indian equities at this point," said Quant MF.

2024 elections with keen interest from political observers and the general public. With 80 parliamentary seats in the state, Kannauj plays a crucial role in shaping Uttar Pradesh's political landscape. The constituency comprises five Assembly segments, including Chhibramau, Tirwa, Kannauj, Bidhuna, and Rasulabad, and is a general seat not reserved for Scheduled Castes (SCs) and Scheduled Tribes (STs). The Bharatiya Janata Party (BJP), the Samajwadi Party (SP), and the Bahujan Samaj Party (BSP) are the main contenders in the constituency, with SP leader and former Uttar Pradesh Chief Minister Akhilesh Yadav having represented Kannauj three times in a row in 2000 (bypoll), 2004, and 2009. Kannauj Lok Sabha Elections: Dates and Schedule

RailTel Corporation of India shares surged an additional 8.7% during today's intraday trade, reaching ₹368.55 apiece. This increase followed the company's reception of a work order from Odisha Computer Application Centre (“OCAC") to establish an IP-MPLS network connectivity in Odisha under OdishaNet Phase 1.0, as disclosed in the company's regulatory filing.

Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, began Friday's session with some minor cuts amid mixed global cues. The 30-share BSE Sensex opened lower by 210.51 points or 0.29% at 72,886.77 level while the Nifty 50 opened at 22,064.85 level, down 81.90 points or 0.37%.

₹3,198.9 crore would take three days for the liquidation of its 50% portfolio if a sharp selloff occurs in the stock market. The small cap fund would take two days to liquidate its 25% portfolio, as per data shared by Radhika Gupta, MD & CEO of Edelweiss Mutual Fund. Edelweiss Mid Cap Fund would take two days to liquidate half of its portfolio and only one day for 25% portfolio liquidation.

By Trevor Hunnicutt and Alexandra Alper

Stock market today: After witnessing a massive sell-off on Wednesday, the Indian stock market shifted into a reasonable upside bounce amidst positive market breadth on Thursday. The Nifty 50 index added 148 points and ended at the 22,146 level, the BSE Sensex gained 335 points and closed at the 73,097 level whereas the Bank Nifty index finished 191 points lower at the 46,789 mark.

income tax amount that is required to be paid in installments according to specified due dates, rather than in a single lump sum. Both individuals and businesses are obligated to pay income tax in advance through periodic installments, rather than in one consolidated payment. June 15: Pay 15% of the advance tax.

Lok Sabha elections. Other NDA constituents including JD(U) and TDP will clinch 61 seats, according to News18's Mega Opinion Poll. It predicted that the opposition bloc INDIA will fail to dent PM Modi's bid for a third term as the INDIA bloc will win only 105 seats in the lower house, including Congress' 49 seats.

Paytm: On the eve of the March 15 deadline for Paytm Payments Bank to cease operations, Paytm secured a third-party application provider license from the National Payments Corporation of India on Thursday. This license will offer an alternative payment method to Paytm's customers via its app, following the shutdown of its banking division, Paytm Payments Bank, due to regulatory non-compliance. In related news, there are reports suggesting a potential 20% reduction in team sizes at Paytm.