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The board of directors of Brookprop Management Services Pvt Ltd, the manager of Brookfield India Real Estate Trust, approved the issuance of units of Brookfield India REIT through an institutional placement of units not exceeding Rs 3500 crore in one or more placement, according to a regulatory filing on Thursday.

stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Adhata Global Ltd.(57.45%), Avalon Technologies(19.99%), Lokesh Machines(19.99%), Tera Software(19.99%), Hercules Hoists(19.97%), Star Delta Transformers(19.51%), VCU Data Mgmt(18.35%), Gala Precision Engin(17.66%) and JSW Holdings(16.77%).

Supreme Court of India has ordered liquidation of the crisis-hit airline Jet Airways as the successful bidder Jalan Kalrock Consortium failed to meet financial obligations. The liquidation order from the apex court meant that the shareholders of Jet Airways, including about 1.43 lakh retail investors, are staring at a bleak future.

Samsung’s AI strategy centres on personalised AI, which will tailor functions to each user’s unique needs. Through the use of knowledge graph technology, Samsung aims to develop an AI experience that adapts to individual behaviours and preferences.

RSMR praised the Royal London fixed income team for its «collegiate approach» to managing the global bond strategy and for its focus on fundamental research, with stock selection comprising «the most consistent contributor of long-term performance». The fund invests mainly in credit, with the aim to deliver a high level of income from a diversified, global portfolio, the research house noted, highlighting the team's ability to produce «consistently strong relative returns across a wide range of mandates on a regular basis». M&G, T. Rowe Price and Waverton funds gain RSMR rating The...

DLF Ltd. traded 2.04 per cent in Thursday's trade at 12:54PM (IST). Around 39,599 shares changed hands on the counter. The counter opened at Rs 827.20 and touched an intraday high and low of Rs 828.00 and Rs 806.60, respectively, in the session so far. Shares of the company of DLF Ltd. quoted a 52-week high of Rs 967.00 and a 52-week low of Rs 586.80.

Marico Ltd. traded 1.93 per cent in Thursday's session at 12:47PM (IST). The stock opened at Rs 645.70 and has touched an intraday high and low of Rs 645.85 and Rs 632.80, respectively, during the session so far. The stock quoted a 52-week high of Rs 719.80 and a 52-week low of 486.75. About 5,436 shares changed hands on the counter so far.

As of 11:09 am, the issue had attracted bids for 2,75,03,790 shares, or 47% of the total issue size of 5,82,03,223 shares. The retail portion of the issue was subscribed 1.57 times, while the non-institutional category's subscription rate stood at 37%. The allocation for qualified institutional bidders was booked at 15%.

Neeraj Dewan, Market Expert, says though he is positive on the markets after the correction, he feels that the market may have made a double bottom and from these levels, it can be constructive. The result season threw up certain strong pockets, which may continue to do well. But in the near term, we need to watch the FII outflow. Dewan further says that chemicals, and IT stocks can do well from these levels depending on the news flow from the US and can be considered Trump trade. The final verdict is out and the markets clearly seem to be pleased overnight. We saw the rally play out for our own markets. What could be the long-term implications of this and more importantly, what is the trajectory? Do we stay in a range or hold out from these levels? Neeraj Dewan: Yes, definitely. We saw the Trump rally yesterday. The markets were doing quite well. The last couple of days have been good for the markets. We hit that bottom and after that, we saw this good rally. But one thing which has been worrying our markets is the FII selling, which was there yesterday also and a huge amount that they sold yesterday.

Indian Hotels Company Ltd. traded 0.18 per cent in Thursday's trade at 11:47AM (IST). Around 94,968 shares changed hands on the counter. The counter opened at Rs 693.95 and touched an intraday high and low of Rs 693.95 and Rs 679.45, respectively, in the session so far. Shares of the company of Indian Hotels Company Ltd. quoted a 52-week high of Rs 720.60 and a 52-week low of Rs 394.95.

Siemens Ltd. 0.74 per cent to Rs 7008.55 in Thursday's trade as of 11:56AM (IST). The stock hit a high price of Rs 7144.85 and low of Rs 6959.40 during the session. The return on equity (ROE) for the stock stood at 14.98 per cent. Traded volume on the counter stood at 11:56AM shares and turnover at Rs 2.07 crore around that time. The stock of Siemens Ltd. quoted a 52-week high price of Rs 8129.95 and 52-week low prices of Rs 3299.75, respectively.

Cummins India Ltd. 0.6 per cent to Rs 3589.80 at 11:52AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 8,144 shares with a turnover of Rs 2.93 crore till 11:52AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 54.56, while the price-to-book value ratio stood at 12.61.

Subscribe to enjoy similar stories. NEW DELHI : Finance minister Nirmala Sitharaman is set to consult state finance ministers on the FY26 Union Budget following Parliament’s winter session, which concludes on 20 December. Her focus: strategies to drive job creation and economic growth amid signs of easing urban consumption.

White House.

Allan Lichtman, the political historian often called the “Nostradamus of elections,” found himself eating humble pie in front of a live audience. The 77-year-old professor, who has gained fame for accurately predicting U.S. presidential elections, was caught off-guard when his prediction for the 2024 race turned out to be way off.

US President-elect Donald Trump have «reaffirmed their commitment» to working together to further strengthen bilateral ties across a range of sectors, the MEA said on Thursday. In a statement on the phone conversation Modi had with Trump a day ago, the Ministry of External Affairs (MEA) said the prime minister highlighted that the US leader's «spectacular and resounding victory» in the election reflected the «deep trust» of the American people in his leadership and vision.

Sharad Pawar on Thursday said the people of Maharashtra want a change and the opposition Maha Vikas Aghadi (MVA) will work towards giving them that alternative after the upcoming state assembly polls. Pawar also backed Congress leader Rahul Gandhi's demand for a caste census in the country.

HDFC Asset Management Company Ltd. traded 0.27 per cent at Rs 4488.30 at 11:25AM (IST) on Thursday, even as BSE benchmark Sensex 897.77 points to 79480.36. The scrip had closed at Rs 4500.55 in the previous session. The stock quoted a 52-week high price of Rs 4862.00 and 52-week low of Rs 2725.00, respectively. As per BSE data, total traded volume on the counter till 11:25AM (IST) stood at 4352 shares with a turnover of Rs 1.95 crore.