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Indian market is likely to open on a cautious note on Monday following weakness in Asian peers after key economic data from China, while corporate earnings also dictate the sentiment. The trends on Gift Nifty indicate a higher start for the Indian benchmark indices. The Gift Nifty was trading at 19,629 as compared to Nifty’s Friday’s close of 19,564.50.

The prudential regulator wants boards to sharpen oversight of accountability for cyber breaches, finalising a new standard on “operational risk management” which seeks to fortify the financial sector from hacks such as the one that devastated Medibank Private.

Commonwealth Bank chief executive Matt Comyn says incoming Reserve Bank governor Michele Bullock’s job will be easier than it was for Philip Lowe, given the cash rate is forecast to peak after one more interest rate increase.

Stocks that were in focus include names like JBM Auto, which rose 11.13%, Angel One, which lost 2.14% and Federal Bank, whose shares gained 2% on Friday.Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today:JBM Auto — Buy on Dips The counter is in a classical upward directional pattern, and in the last trading session, it witnessed a breakout of a flag formation but did not sustain at the higher levels. The structure of the counter is good, but it has already given a massive rally from the low of Rs 361 to the high of Rs 1539. Its present risk-reward ratio is not in favour of long-term investors.

earning of more than ₹2.8 crore by selling tomatoes amid the soaring tomato prices across the country. Ishwar Gayakar, along with his wife, aims to reach an even higher target of ₹3.5 crore with around 4000 crates of tomatoes still available on their farm. Sharing his journey of hard work and determination, Ishwar Gaikar said, "This is not something I have earned in one day.

Day trading guide for today: Following strong global cues, Indian stock market ended on a higher note on Friday session. 50-stock index Nifty ended 150 points higher at 19,564 levels, 30-stock index BSE Sensex gained 502 points and closed at 66,060 mark while Bank Nifty index finished 154 points higher at 44,819 levels.

Iran has relaunched patrols by the 'morality police' in a bid to escalate their efforts to enforce the country's mandatory hijab rules, Al Jazeera reported.Saeid Montazeralmahdi, the spokesperson for the Iranian law enforcement force, confirmed on Sunday that police patrols were now operational on foot and with vehicles to crack down on people whose covering is not deemed appropriate in the Islamic Republic. The morality police would «issue warnings and then introduce to the judicial system people who unfortunately insist on their norm-breaking behaviour without concern for the consequences of their covering that is outside of the norm», Al Jazeera quoted Montazeralmahdi as saying citing state media.

inflation, which raised hopes that Fed would end its rate hike cycle. Going ahead, stock specific action will continue with first quarter earnings underway. All eyes will be on HDFC Bank, which will report its results today, a first after the merger. Banking stocks will be in focus as major private lenders including ICICI Bank, YES Bank, Kotak Bank will announce their earnings later in the week. «Expectation of good quarterly results, consistent FIIs buying interest and good progress on the monsoon front would keep the overall trend of the market positive,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 20 points, or 0.10 per cent, higher at 19,639, signaling that Dalal Street was headed for muted start on Monday.

funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.Sidhesh Agarwal is saving for multiple goals. Here’s what the doctor has advised:PORTFOLIO CHECK-UP

Buy or sell stocks for today: Following strong global market cues on ease in US Fed rate hike tension, Indian stock market finished higher on Friday last week. NSE Nifty went up 150 points and closed at 19,564 levels while BSE Sensex surged 502 points and closed at 66,060 mark. Bank Nifty index gained 154 points and finished at 44,819 levels.

Traditional owners embroiled in a high-stakes legal battle with Andrew Forrest’s Fortescue Metals Group have signed a deal to develop one of Australia’s biggest renewables projects in partnership with Philippines-listed ACEN.

By Valerie Volcovici and David Stanway

Zomato, part of the e-retail segment, has rallied by over 50% in the last 3 months and the chart setup suggests that the momentum is likely to continue.Short-term traders can look to buy the stock or on marginal dips for a target of Rs 90 in the next 2-3 weeks, suggest experts.The stock rose from Rs 53.85 on April 13 to Rs 82 as on July 13 2023 which translates into an upside of over 52% in 3 months.Zomato has a beta of 1.7 which suggests that

National Australia Bank will block payments to high-risk cryptocurrency exchanges, which is understood to include Binance, from Monday in an effort to reduce the instances of fraud and scams at the financial institution.

NEW DELHI : The Union power ministry aims to raise around ₹15,000 crore through asset monetization in FY24, close to the previous year’s target of ₹15,308 crore, a person aware of the development said. However, the government could raise only around ₹9,400 crore in FY23. “The ministry is likely to target ₹15,000 crore worth of asset monetization this year.

during the summer monthsisn’t new, but even the month-on-month food and beverage inflation is the steepest in 20 months, at 2.2%. Vegetable prices were the big culprit, rising 12.2% month-on-month, but the rise in other food items, while not so pronounced, was also significant. While prices were expected to rise, erratic weather has exacerbated the situation.Cereal prices, which had begun to soften, rose in June from the previous month and continued to print double-digit inflation rates.

Bajaj Auto has asked its motorcycle part suppliers to prepare for doubling production for the newly launched Triumph range of motorcycles following a better-than-expected response to the Speed 400 and Scrambler 400X models, multiple people aware of the company's plans said.Bajaj Auto has received over 15,000 bookings since the launch and counting. The ramp-up plans suggest that the company is striving to touch volumes of around 40,000-45,000 units in the current fiscal year and 100,000-120,000 units in the next fiscal year.

Akhilesh Yadav on Sunday met the president of All India Muslim Personal Law Board (AIMPLB) Maulana Khalid Saifullah Rahmani in Uttar Pradesh's Lucknow. «A meeting against UCC,» Akhilesh Yadav tweeted.

REC, a subsidiary of Power Finance Corp., plans to expand its lending in the renewable energy space to Rs 2.4 lakh crore by 2030, says its director-technical, VK Singh. While land and grid availability can be challenging for developing new green energy projects, policies of the government and support from states have been encouraging, he tells Shilpy Sinha. Edited excerpts:The renewables space has been gathering pace. How is REC positioned considering India's target of achieving 500 GW capacity by 2030? India is at 175 GW and needs to add 325 GW by 2030.

By Julie Steenhuysen

OneWeb will shortly seek trial satellite spectrum from the Department of Telecommunications (DoT) in the ‘Ka’ (27.5 to 29.1 GHz and 29.5 to 30 GHz) and ‘Ku’ (14 GHz) bands to test its earth stations and user access terminals (UATs), senior company executives said. The company wants to test the infrastructure ahead of the India launch of its broadband-from-space services, targeted for later this year. The UK-based satellite player has started deploying ground infrastructure, including two gateway earth stations, and will use the trial airwaves to test network performance and user experience in key locations, especially in India's rural and remote regions with limited access to high-speed Internet. OneWeb is striving to get the first mover advantage over the likes of Elon Musk’s Starlink, Jeff Bezosled Amazon and Reliance Jio in the still nascent India satcom market with a high growth potential. EY estimates the country’s space economy to grow to about $13 billion by 2025 from an annual revenue opportunity of around $1 billion now. “Based on discussions with DoT, OneWeb will shortly apply for trial spectrum from the government to test its satellite broadband network … the company is on track to launch the services commercially later this year,” one of the executives told ET.