UPS Financial News

11.06 / 05:43

UPS WhatsApp Trade show reports Share price of ACC jumps as Sensex gains 169.41 points

ACC Ltd. gained 0.13 per cent to Rs 2546.55 at 11:06AM (IST) in Tuesday's trade. The scrip hit a high of Rs 2572.4 and low of Rs 2544.55 so far during the session. The stock had closed at Rs 2543.2 in the previous session. The counter had a total traded volume of 11:06AM shares so far with a turnover of Rs 1.51 crore on BSE. The stock traded at a price-to-earnings multiple of 20.57 and a price-to-book ratio of 2.87.

11.06 / 05:21

markets UPS economy wellness rights Message for managers of other people’s money: Read the economy right

Late last weekend, I happened to meet someone who makes his money by managing other people’s money (OPM). He asked: “Why did the Bharatiya Janata Party not get a majority in the Lok Sabha, despite the economy growing by more than 8%?" A simplistic answer to this would be that many voters don’t take economic data into account before voting. A slight improvement would be that India’s 2023-24 growth figure was declared only on 31 May, and by then, six of the seven electoral phases were over.

11.06 / 05:21

UPS Google Entertainment recommendations Features rights Comprehensive buying guide to choosing the perfect TV for movies, games, and everything in between

What size and resolution should you choose for a TV?The 1080p resolution is perfect for smaller screens up to 43 inches and 4K resolution is perfect for 50 inch and above. For gaming consoles, it is recommended to go for the 4K resolution for best picture quality in all modern titles. Another emerging screen resolution is 8K which is the superior resolution but it is expensive, and the content is also limited.

11.06 / 04:09

UPS Google NVIDIA country reports International Mint Explainer: Why the surging use of AI may challenge India’s power sector

Also read | Can India keep up with the ebbs and flows of power demand? Additionally, the 2022 electric power survey considered emerging demand from electric vehicles—it assumed that 30% of all vehicles sold in 2030 would be battery electric vehicles and 100% by 2042. Solar power and hydrogen mission contributions that will ease the pressure on conventional energy sources were also considered. However, the widespread use of artificial intelligence (AI), particularly generative AI, and the setting up of large data centres to support online AI interactions could lead to the overshooting of these demand forecasts.

11.06 / 04:09

markets UPS security Election Trade rights Derivatives trade: Sebi is taking a pro-market approach

₹8,587.5 crore, instead of joining the rally. In contrast, foreign portfolio investors bought Indian shares worth ₹6,617.3 crore that day while mutual-fund purchases stood at ₹3,072.9 crore. Then, on 4 June, when the actual election results were declared and the BJP fell short of a simple majority, retail investors purchased shares worth ₹21,178.9 crore, sensing an opportunity in a market that dropped some 6% in response to that news.

11.06 / 04:09

UPS BLOCK Aviat security electronic reports International Stocks to watch: IndiGo, RVNL, TaMo, Vi, IRB Infrastructure, Jubilant Foodworks

Interglobe Aviation: Interglobe Enterprises, a promoter entity of Rahul Bhatia, is planning to sell a stake worth $394 million in Indigo Airlines’ parent company, Interglobe Aviation, via a block deal. The entity currently holds a 37.75% stake in Interglobe Aviation.

11.06 / 04:09

UPS Target Gap Sustainability Trade HCC share price soars 8% as Elara initiates coverage, sees 54% upside

₹63 per share on HCC, indicating a 54% rise from current levels. HCC share price today opened at an intraday low of ₹41.04 apiece on BSE, the stock touched an intraday high of ₹42.99 apiece.

11.06 / 04:09

markets UPS BLOCK Aviat Remark Election Trade Sensex Today Live Updates : Sensex, Nifty down at open, as global cues weigh; IndiGo, Vi, IRB Infra eyed

₹12.87 crore and ₹10.94 crore from two separate wagon manufacturers.Sensex Today Live : The company has appointed Deepak Natarajan as an additional non-executive director, effective from June 10.Sensex Today Live : Cintra, a subsidiary of Spanish infrastructure group Ferrovial, is expected to sell up to a 5% stake in IRB Infrastructure Developers through a block deal. The deal, priced between ₹63-70.16 per share, represents up to a 10.2% discount to the last closing price.

11.06 / 04:03

UPS Man film President cover stars Marjorie Taylor Greene compares Trump to Jesus, provoking backlash

Republican congresswoman Marjorie Taylor Greene compared former president Donald Trump to Jesus over the weekend, leaving some in America’s political ecosphere scratching their heads over the comparison, baffled as to how she sees Trump, now a convicted felon, as Christ-like.

11.06 / 03:09

markets UPS Reuters President information reports Oil prices extend rally on potential U.S. crude purchase for reserve

Oil prices rose on Tuesday, extending the previous day's rally on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, though gains were capped by a firmer dollar. Brent crude futures climbed 28 cents, or 0.3%, to $81.91 per barrel by 0038 GMT and U.S. West Texas Intermediate crude futures rose 31 cents, or 0.4%, to $78.05.

11.06 / 03:09

UPS IPO Platform WhatsApp travelers Ixigo public issue oversubscribed on opening day

IPO) of Le Travenues Technology, the parent company of online travel platform Ixigo, sailed through on its opening day on Monday, with the issue being subscribed 1.95 times. According to data from the BSE, investors placed bids for 85.5 million shares against 43.7 million shares available. The retail investors' portion was subscribed 6.21 times, while the non-institutional investor segment was subscribed 2.78 times. Qualified institutional buyers bid for 0.12 times the shares on offer. The IPO, which closes on June 12, includes a fresh issue of ₹120 crore and an offer for sale of up to 66.6 million shares.

11.06 / 03:09

markets UPS DOW Trade reports Updates Indexes mostly edge up ahead of Fed meeting, CPI

stock indexes were barely higher in afternoon trading Monday, with investors cautious ahead of this week's consumer prices report and a Federal Reserve policy announcement. The Consumer Price Index report for May is due Wednesday along with the conclusion of the Fed's two-day policy meeting.

11.06 / 03:09

markets UPS economy Election MSCI President Global stock index rises slightly while euro falls, yields up

MSCI'S global equities index edged higher on Monday while investors waited for key U.S. inflation data and central bank policy meetings but the euro fell after French President Emmanuel Macron called a snap election. U.S. Treasury yields rose as investors digested Friday's labor market data and looked toward consumer price data and a Federal Reserve policy announcement this week. Investors are also waiting on Bank of Japan policy news.

11.06 / 01:23

markets UPS Strategy Software wellness Trade Hedge funds ditch chip stocks for software in tech investing U-turn

Hedge funds made an about-face last week dumping semiconductor stocks — beneficiaries of the artificial intelligence boom — while snatching up software.

10.06 / 22:01

UPS Digital Platform film Warner Bros cover Features Practical Magic 2: Will Sandra Bullock and Nicole Kidman return for sequel? Here’s everything we know so far

Sandra Bullock and Nicole Kidman may return for a sequel to the 1998 film "Practical Magic." Warner Bros. announced plans for the follow-up film.

10.06 / 19:59

UPS FIVE pandemic Equality Home equity is near a record high. Tapping it may be tricky due to high interest rate

Home equity is near all-time highs. But tapping it may be tough due to high interest rates, according to financial advisors.

10.06 / 19:33

markets UPS FIVE Aware country reports BPCL plans to set up new refinery for Rs 50k cr

Bharat Petroleum Corporation (BPCL) plans to set up a new 12 million metric tonnes per annum (MMTPA) refinery in the country, two industry officials aware of the development told ET. The state-owned oil marketing company will invest around Rs 50,000 crore in the project for which it is currently evaluating locations in three states — Andhra Pradesh, Uttar Pradesh, and Gujarat, they said.

10.06 / 19:33

UPS Election President Olympics rights Macron urges French to make 'right choice' in election gamble

Macron on Monday said that he was confident French voters would make the «right choice» in snap elections he called after the far right crushed his centrist alliance in Sunday's EU ballot.

10.06 / 19:33

UPS Provident Netflix Universities show audience Sweet Tooth Season 4: Creator finally reveals if there will be more seasons

Jim Mickle, the creator of the popular Netflix series Sweet Tooth, provided intriguing hints about the show's future beyond its final season. The coming-of-age series, set in a post-apocalyptic world where human-animal hybrid children struggle to survive, has captivated audiences with its unique premise and compelling characters.

10.06 / 19:33

UPS Man Assurant President Equality Alliance with TDP, JanaSena a 'case study': Andhra Pradesh BJP chief Daggubati Purandeswari

speculation is rife over a BJP-TDP tussle over more cabinet berths and Lok Sabha Speaker's chair, BJP's Andhra Pradesh unit president Daggubati Purandeswari maintained that the TDP-JanaSena-BJP alliance is a «case study» in how coalitions should work and that it will hold strong both at the state and Centre level.

10.06 / 19:33

markets UPS Extreme Gap Experts country Turnaround slower, but VIP's on recovery path: Chairman Dilip Piramal

VIP Industries chairman Dilip Piramal said a plan to turn around the country's biggest luggage maker was slower in taking off, prompting independent director Nisaba Godrej to quit the board. He, however, reiterated that the company is on the path to recovery.

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