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Rajesh Palviya, Head-Technical Research, Axis Securities, says put writers are aggressive at 24,000 strike as well as 23,800 strike, and so these are the important levels on the downside to hold the market. If it holds the 24,000 level in the coming week, then this rally can extend higher, and the possible target for Nifty can be 24,400 also very soon. For Bank Nifty, 52,000 is the immediate support area based on the put concentration. The two levels – 52,000 as well as 51,800 – attracted more put writing in Friday's session also. If Bank Nifty crosses the 52,600 mark, then this rally can extend further towards 53,400 to 53,600. So, both indices are looking bullish at this moment; buy-on-dip should be your strategy. We have seen consecutive record highs on the benchmarks for the broader markets as well over the week. What sense are you making of these moves? Is this a too-much-too-soon kind of rally? Are you penciling in some kind of slowdown next week? What are the levels you are watching out for when it comes to the benchmarks?

Franklin Templeton is expanding its SMA offerings to UBS’s advisory network.

Motilal Oswal picked Maruti Suzuki and Ashok Leyland as their top picks from among the auto OEMs while Craftsman Automation, Happy Forgings and Samvardhana Motherson International from the auto ancillary segment, stating that one will have to make selective micro strategies to outperform in the sector. “It is now an established fact that the majority of easy gains in Auto OEM stocks are now behind us, as we have witnessed significant volume growth across segments over the last two years, and input costs also appear to have bottomed out,” said a report by Motilal Oswal.

Two sources close to the story told Forbes this move is part of a pivot towards investing in AI and defence technology startups. Earlier this year, the company were part of a seed funding round for AI risk management platform ValidMind.

Ampverse DMI, a leader in the gaming and entertainment sector, has appointed Sona Mazumdar as head of its new Marketing Solutions unit for the Indian gaming market. Mazumdar brings experience from collaborating with over 300 brands across Asia, including Porsche, Samsung, Riot Games, KFC, and Coca-Cola. Previously, she served as Chief Partnership Officer at Kidzania for eight years, playing a key role in partnerships and business scaling. With two decades in India’s entertainment sectors, Mazumdar is known for problem-solving, data analysis, and strategic execution, advising Board and C-level stakeholders. She facilitated the joint venture between DMI and Ampverse.

Credit bureaus assess credit scores by examining how you manage your credit card and loan payments, as reported by lenders and credit card companies. In the absence of adequate information regarding your credit history, credit bureaus are unable to generate a credit score for you.

Running a small business allows you to avoid paying taxes that you would not have done otherwise. Taking use of various deductions is among the most effective strategies to reduce your tax liability. Furthermore, a small business may provide large deductions for retirement plans and health-care expenses, thereby lowering taxable income.

4Thoughts Finance, a family office firm based in Bengaluru, has unveiled its ambitious plans to double its portfolio size of Rs 500 crore to Rs 1000 crore in the near future, marking a significant milestone in its growth trajectory. With an unwavering commitment to excellence and client satisfaction, 4 Thoughts Finance is poised to usher in a new era of prosperity for its clientele.

ITC Hotels brand portfolio, out of which 24 are managed properties, as per excerpts from ITC's annual report 2023-24. As per ITC’s annual report, the hotels business continues to leverage its ‘asset-right’ strategy to be amongst the fastest growing hospitality chains in the country with over 130 properties and 12,000 rooms under distinctive brands such as ‘ITC Hotels’ in the luxury segment, ‘Mementos’ in the luxury lifestyle segment, ‘Welcomhotel’ in the upscale segment, ‘Storii’ in the boutique premium segment, ‘Fortune’ in the mid-market to upscale segment and ‘WelcomHeritage’ in the leisure and heritage segment. As per the report, the business is witnessing 'growing interest' amongst property owners to partner with its brands resulting in a healthy generation of leads and pipeline of management contracts.

more sustainable future. A key element of this strategy is the implementation of extended producer responsibility (EPR) policies. Recent events highlight the tightrope walk companies must perform to balance environmental responsibility with business interests.

Eicher Motors, Tata Motors, Mahindra & Mahindra, Ashok Leyland are Ambits picks in Automobiles sector. Ambit has initiated coverage on the nine OEMs (Original Equipment Manufacturers) which also include Bajaj Auto, Escorts Kubota, Hero MotoCorp, Maruti Suzuki India, in addition to Eicher Motors, Tata Motors, Mahindra & Mahindra, Ashok Leyland.

What does retirement mean to you? It’s a question without a simple answer. Retirement isn’t solely about reaching a certain age or dealing with illness; it can be an escape from the daily routine whenever you choose.

Rahul Dravid and skipper Rohit Sharma have thrown their weight behind the struggling Virat Kohli, saying the stylish batter has shown the intent and is due for a «big one» in the T20 World Cup finals against South Africa. Kohli, who was the highest run-getter at this year's IPL with 741 runs, is yet to make a significant contribution in the tournament, having scored only 75 runs in seven innings. «You know with Virat, the thing is, when you play a slightly high risk brand of cricket there can be times when it doesn't come off,» Dravid said after India marched into the final with a 68-run win over England in the semifinals here. «Even today, I thought he hit a really good six to set the tempo but he was just unlucky that the ball seamed a little bit more. But I love the intent, I love the way he went about doing it.

IPO) of Bansal Wire will open for subscription on July 3 and close on July 5. The company has fixed a price band of Rs 243-256 per share. At the upper end, the company plans to raise around Rs 745 crore. Investors can bid for 58 shares in one lot and in multiples thereafter.

stocks and strong support from Reliance Industries (RIL), which was one of the top contributors, just behind Infosys. The 30-stock S&P BSE Sensex reached a new high of 79,396.03 before closing at 79,278.78, up by 604.53 points or 0.77%. Meanwhile, the broader Nifty crossed the 24,000 mark for the first time, hitting a record high of 24,087.45 before ending the day at 24,044.50, gaining 175.70 points or 0.74%.

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Lok Sabha is set to turn stormy with INDIA bloc deciding to move adjournment motions on Friday to discuss NEET paper leak. The Opposition will move the motions under Rule 267. The decision was taken at a meeting of floor leaders of INDIA bloc parties held at the residence of Congress president Mallikarjun Kharge on Thursday. The Opposition parties unanimously decided to raise NEET, Agniveer, unemployment and other issues in Parliament. According to sources, a uniform strategy will be employed in both Houses. Both Houses are scheduled to debate the motion of thanks to the President's address on Friday. While Rajya Sabha's business advisory committee has allotted 26 hours for this discussion, the Lok Sabha is likely to allot a similar time. The business advisory committee of the Lok Sabha has not been formed yet.

₹419 from ₹539 earlier. The new target indicates a downside of 12 percent for the gas stock.According to Incred, the expected increase in gas costs driven by higher APM (Administrative Price Mechanism) prices and rising Henry Hub (HH) prices will offset the impact of lower LNG prices.

One of President Joe Biden’s signature laws aimed to invigorate renewable energy manufacturing in the U.S. It will also help a solar panel company reap billions of dollars

Verizon adapted a fresh brand strategy and it looks like they have risen to the occasion and made a comeback with all guns blazing. The telecom giant was rather falling behind due to stiff competition from other telecom and internet providing players in the market but not anymore, as Verizon's new deals have been curated in such a manner that it blows off all other offerings by its competitors. However, are they as good as being claimed? Only you can check it out if they work for your needs.

A financial advisor who traded in a high-risk options strategy was barred this month from the securities industry by the Colorado Division of Securities after he decimated certain clients’ accounts, according to the state’s consent order with the financial advisor, James W. McGehee.