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Atul Suri, CEO, Marathon Trends, says “the whole PSU move is a decadal shift. There is a decadal shift in sectors and themes. Engineering, infra, construction never moved post 2008. So, when they move, they tend to be rather sticky. We have learnt this from the 2003-2008 period. A similar set of sectors were moving, similar themes were playing out and that was a phenomenal bull market and it kept surprising us. Ultimately, it lasted five years.”Who would have thought that PSUs would be where they are? It is at a record high for the PSU banking index. I know the majority of the indices are close to their record highs but are you surprised by this move?Yes, the surprise is the follow-up.

SBI Cards and Payment Services Ltd. rose 1.71 per cent to Rs 825.05 in Monday's trade.

₹66 to ₹70 per equity share of face value of ₹10 each. Madhusudan Masala IPO lot size is 2,000 equity shares and in multiples of 2,000 equity shares thereafter. Madhusudan Masala IPO, which is worth ₹23.80 crores, is completely a fresh issue of 3,400,000 equity share; there is no offer for sale (OFS) component.

mental health with New York’s firefighters. The visit, his first solo trip to the US in an official capacity, comes at a time when his popularity is reportedly soaring in the States. According to recent Gallup polls, the Prince of Wales finds himself ahead of American President Joe Biden and even Ukraine’s President Volodymyr Zelensky, in terms of public favour.

Indian Hotels Company Ltd. dropped 0.2 per cent to Rs 415.7 at 12:24PM (IST) in Monday's trade.

ICICI Lombard General Insurance Company Ltd. traded 0.34 per cent down in Monday's trade at 12:19PM (IST).

Tata Power Company Ltd. traded 0.54 per cent up at Rs 265.25 at 12:14PM (IST) on Monday, even as BSE benchmark Sensex dropped 91.67 points to 67746.96.

A handful of initiatives in the Indo-Pacific region show what can be achieved through international partnerships, even while fallout from global events hinders cooperation on development and climate action. Global cooperation is the central theme of Sustainable Development Goal 17, but also the key to success across the other 16 goals. The past year has shown why that success is so critical. This year has seen the hottest summer on record, with average global temperatures projected to continue to rise, and more extreme weather conditions, including raging wildfires across the world.

Marico Ltd. dropped 0.6 per cent to Rs 576.65 at 11:43AM (IST) in Monday's trade.

Vedanta Ltd. traded 0.31 per cent up in Monday's trade at 10:52AM (IST).

DLF Ltd. traded 0.13 per cent up in Monday's trade at 10:47AM (IST).

Info Edge (India) Ltd. gained 0.35 per cent to Rs 4501.7 at 10:42AM (IST) in Monday's trade.

Bharat Electronics (BEL) jumped 7% to Rs 145 in Monday's trade on BSE after the firm received orders worth Rs 3,000 crore. «Bharat Electronics received an order of Rs 2,118.57 crore from Cochin Shipyard for the supply of various equipments consisting of sensors, weapon equipment, fire control systems and communication equipment for six numbers of next-generation missile vessels (NGMV), class of anti-surface warfare corvettes for Indian Navy,» the company said in an exchange filing. This project will have the participation of Indian electronics and associated industries, including MSMEs, which are sub-vendors of BEL. The company has also received additional orders worth Rs 886 crore for the upgrade of AFNET SATCOM N/W, upgrade of Akash Missiles with RF Seeker, Inertial Navigation System and other equipment with accessories and spares etc. At 10.14 a.m., the scrip was trading 3.1% higher at Rs 140 on BSE. The stock has also surged 40% year-to-date, while it has gained 50% in the past six months. In Q1 FY23, Bharat Electronics reported a 23% YoY rise in net profit at Rs 530.84 crore.

Yellow Brick Road chairman Mark Bouris says the “misunderstood nature” of the mortgage broking business is to blame for investors steering clear of his company, and going private is the only way to fix the problem.

Nifty traded in the negative territory in morning trade on Monday, mirroring weakness in other major Asian peers as investors exhibited caution as they prepared for a week marked by a series of central bank meetings with Fed meet outcome due on Wednesday, Bank of England (BoE) meet outlook on Thursday and Bank of Japan (BoJ) outcome due on Friday. Markets across the globe are expecting that the rate hikes have peaked and central banks will not lift rates from here on. However, inflation still remains above the central banks' targets in many countries.

The chief investment officer at Nippon Life India Asset Management Ltd. says it’s increasingly difficult to find opportunities in the $3.8 trillion market, where benchmarks have just hit record highs.

BEIJING — Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as ByteDance and Didi, according to a PitchBook report Monday.

Adani Enterprises’ daily trend is sideways. The RSI for monthly, weekly and daily is showing sideways momentum.

lithium-ion batteries and fuel cells by 2030 as it was on Russia for energy before the war in Ukraine unless it takes strong measures, a paper prepared for EU leaders said. The document, obtained by Reuters, will be the basis of discussions on Europe's economic security during a meeting of EU leaders in Granada, Spain, on October 5.

raising interest rates to slow the economy, policymakers hoped for an even rosier outcome. They wanted to achieve a “soft landing", which involves both bringing down inflation, and doing so without mass job losses. It is a lot to ask of a tool as blunt as monetary policy.

Two pilots were killed on Sunday after their planes collided during the National Championship Air Races and Air Show in Reno, Nevada region of the US, CNN reported citing organisers of the event. “Around 2:15 p.m.