UPS Financial News
07.06 / 11:37
UPS
Cooper
Manufacturing
Fighting
Election
President
track
France to transfer Mirage-2000 fighter jets to Ukraine: Macron
France will transfer Mirage-2000 fighter jets to Ukraine and train their Ukrainian pilots as part of a new military cooperation with Kyiv as it fights the Russian invasion, President Emmanuel Macron announced on Thursday.
07.06 / 11:37
UPS
security
Election
stage
track
311 out of 369 candidates lose security deposit in MP amid BJP's clean sweep in Lok Sabha polls
BJP sweeping the Lok Sabha elections in Madhya Pradesh by winning all 29 seats in the state, including the Congress citadel of Chhindwara, as many as 311 out of the total 369 candidates in the fray lost their security deposits, officials said on Friday.
07.06 / 11:37
07.06 / 11:37
markets
UPS
WhatsApp
Food
Updates
International
Stock market update: FMCG stocks up as market rises
LT Foods Ltd.(up 11.44%), Heritage Foods Ltd.(up 10.00%), Bikaji Foods International Ltd.(up 6.76%), Dodla Dairy Ltd.(up 4.53%), Bajaj Consumer Care Ltd.(up 4.10%), Patanjali Foods Ltd.(up 2.69%), Dabur India Ltd.(up 2.67%), ADF Foods Ltd.(up 2.63%), Marico Ltd.(up 2.38%) and Emami Ltd.(up 2.09%) stood among the top gainers.
07.06 / 10:43
07.06 / 10:31
markets
COST
UPS
Target
FIVE
Cycling
show
Rate Cut
Can a single rate cut make waves in Canada’s housing market? What to know
The Bank of Canada’s first interest rate cut in over four years on Wednesday will have a “psychological” impact on the Canadian housing market, but will likely not be enough to meaningfully improve affordability, experts say.
07.06 / 10:19
UPS
Gap
Research
performer
cover
IT stocks gain up to 5% led by Wipro, Infosys. Is it ECB impact or something else?
IT stocks jumped up to 5% on Friday and were the best sectoral performers catapulting Nifty to the day's high with a 409-point surge. The top contributor to the 50-stock index was Infosys while Wipro occupied the top spot in terms of percentage gains. Wipro and Persistent gained 5% each, while Infosys jumped over 4%. All 10 shares in the Nifty IT index were in the green. The index also shot up 3.5% to the day's high of 23,230.15.
07.06 / 10:19
UPS
Provident
Election
Justice
Diversity
Courts
International
NOT
Need to ensure arbitration institutions are not controlled by "self-perpetrating clique": CJI
arbitration institutions is not sufficient and we have to ensure that these dispute resolution hubs are not controlled by a "self-perpetrating clique", Chief Justice D Y Chandrachud has said. Speaking at the Supreme Court of the United Kingdom, Chandrachud said now is the time for countries such as India to step up to the occasion to create and promote a culture of commercial arbitration and the robust institutionalisation of arbitration will further the culture of arbitration in the Global South.
07.06 / 10:19
07.06 / 09:39
UPS
Remark
Election
track
reports
Courts
Defamation case: Court reserves for July 1 order on sentencing against Medha Patkar
Delhi court on Friday reserved for July 1 its order on the quantum of sentence against activist Medha Patkar in a defamation case lodged against her by Delhi Lieutenant Governor V K Saxena when he headed an NGO in Gujarat. Metropolitan Magistrate Raghav Sharma reserved the order after noting that the Delhi Legal Services Authority (DLSA) submitted a victim impact report (VIR).
07.06 / 07:45
markets
UPS
Manufacturing
Election
Food
performer
TDP-related stocks take centerstage after ‘Modi stocks’
Indian stocks. If you remember, we wrote to you about ‘Modi stocks’ recently and their stellar show just before the election results. Now, with the elections done and dusted, two stocks related to the TDP have taken centerstage.
07.06 / 07:27
UPS
Booking
Gap
Food
Trade
reports
Jubilant Food shares down 1.03% as Sensex rises
Jubilant Foodworks Ltd. fell 1.03 per cent to Rs 516.2 in Friday's session as of 12:47PM (IST) even as the equity benchmark Sensex traded 1414.56 points higher at 76489.07. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 586.35 and a 52-week low of Rs 420.85 on NSE. Around 30343 shares changed hands on the counter till 12:47PM (IST).
07.06 / 07:27
markets
UPS
Action
Election
performer
Schools
rights
Govt will continue to focus around power & capex themes: Vikash Kumar Jain
«Possibly policymaking will have to adjust to those realities, which we were not thinking about going into the election. So, these are the new things that they need to react,» says Vikash Kumar Jain, CLSA Investment Analyst. Good note you guys have come out with on the focus on Modi 3.0. I mean, that is clearly the one single biggest area of interest of the market right now. And within that, of course, formation of the cabinet and the agenda to be taken up. What are your thoughts could be the priority areas in the coalition? I think there are a couple of realities that the new government will have to deal with.
07.06 / 07:27
UPS
Action
economy
Election
Celebrity
track
RBI unveils ambitious reform agenda for centenary celebrations in 2035, charts out 14-point action plan
Reserve Bank of India has drawn up a reform agenda to be achieved on its centenary, a decade down the line as it aspires to be a role model for the central banks in the developing world.
07.06 / 07:25
UPS
economy
Election
love
country
FIF 2024: Labour's Reeves will seek 'a doctor's mandate' for the economy
Addressing Investment Week's Future of Investment Festival on Wednesday (5 June), Crerar looked ahead at what life in a country and economy led by Keir Starmer and Rachel Reeves would look and be like, if Labour was to win the General Election. For some, the election pendulum may have already reached its point of no return, as the path towards a Labour victory becomes increasingly clear. Crerar urged the Labour Party to remain cautious, insisting the Tories still believe «the Labour vote remains soft, there is no great love for Keir Starmer and plenty of ‘do not knows' up for grabs». ...
07.06 / 07:25
COST
UPS
Progressive
Election
Bill
'My bill is lost': Ros Altmann confirms progress on trust cost disclosure reforms undone by general election
Altmann, a member of the House of Lords, initially introduced her bill in November 2023. After successfully passing through all three readings in the upper chamber, the bill was scheduled to be sent to the House of Commons for debate. However, Altmann confirmed to Investment Week the bill had not been transferred over before Sunak called a general election, meaning it was not up for inclusion in the 'washup'. All public bills that have not completed their parliamentary stages are effectively dropped and have to start again from the beginning, a parliamentary spokesperson explained. ...
07.06 / 07:17
UPS
security
WhatsApp
trends
Trade
DLF shares up 0.74% as Nifty gains
DLF Ltd. gained 0.74 per cent to Rs 835.9 in Friday's trade. It hit a high of Rs 838.8 and low of Rs 822.65 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 724.73, while the 50-DMA was at Rs 864.79. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
07.06 / 07:17
UPS
Target
economy
Align
Election
Food
track
Another vote surprise! Dissent grows in RBI that has more 'elbow room'
key lending rates unchanged for an eighth straight time but with a bigger split in votes. The Reserve Bank of India also indicated it has «greater elbow room» to ensure price stability in Asia's third-largest economy, which is seeing strong growth but price pains continue to worry everyone from the aam admi (common man) to Mint Street and New Delhi bosses.
07.06 / 07:17
markets
UPS
economy
Research
Trade
Features
stake
Chris Wood of Jefferies cuts stake in 3 PSU stocks as PM Modi faces coalition challenge
Prime Minister Narendra Modi can operate effectively in a coalition government in his third term, Chris Wood of global brokerage firm Jefferies has shaved weightage of PSU stocks in his long-only India portfolio. The weightings in ICICI Bank, State Bank of India (SBI), REC and Coal India will be reduced by one percentage point each, while an investment in PolicyBazaar will be introduced with a 4% weighting, Wood wrote in his GREED & fear newsletter.
07.06 / 07:11
UPS
reports
Features
rights
Videos
CMF Phone 1 by Nothing confirmed to launch soon: Expected specs, India price and all we know so far
Carl Pei recently confirmed in a post on X (formerly Twitter) that the company's flagship smartphone, the Nothing Phone (3), will be released next year“Expect this to be improved and gradually introduced, starting with Phone (3) next year. It’s important we get the product right, integrating hardware and AI in a way that is both useful and brings a smile to people’s faces." Pei recently said in a post on X.
07.06 / 06:57
markets
UPS
GameStop
Reddit
Trade
show
fun
Meet the ‘degen’ traders fueling the latest meme-stock mania
Degenerates are swarming the stock market. A risky style of trading is roaring back in popularity, driven by amateur traders who call themselves “degens" and pile into long-shot trades that proudly have nothing to do with conventional ways of assessing investments. Some are flinging cash at specific stocks or cryptocurrencies just to be part of a movement.
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