UPS Financial News

CEOs got rewarded as the economy showed remarkable resilience, underpinning strong profits and boosting stock prices. After navigating the pandemic, companies faced challenges from persistent inflation and higher interest rates. About two dozen CEOs in the AP's annual survey received a pay bump of 50% or more.

market regulator Sebi comes up with various awareness themes to mitigate market-related frauds, they continue to grow, thanks to an unregulated arena of social media. The latest to fall victim to one such fraud is a businessman from Noida, who has been allegedly duped of over Rs 9 crore by cyber thugs, according to a Times of India report.

Ashapura Minechem Ltd.(up 8.66%), Oriental Trimex Ltd.(up 5.59%), MOIL Ltd.(up 4.34%), Coal India Ltd.(up 4.31%), Gujarat Mineral Development Corporation Ltd.(up 3.45%), NMDC Ltd.(up 2.98%), Pokarna Ltd.(up 2.88%), KIOCL Ltd.(up 2.62%), The Orissa Minerals Development Company Ltd.(up 2.55%) and 20 Microns Ltd.(up 1.27%) stood among the top gainers.

Rail Vikas Nigam Limited (RVNL) at 11 per cent, Indian Railway Finance Corporation (IRFC) at 12.5 per cent, and Jupiter Wagons.RVNL shares reached a new record high with market capitalisation surged to ₹85,000 crore mark.Also read: Exit Polls Impact: 7 BSE Power stocks surge to record highs; Adani Power, NTPC lead with gains up to 19%Other railway stocks that saw gains included IRCON International (6.26 per cent), RITES (3.52 per cent), Indian Railway Catering and Tourism Corporation (IRCTC, up 3 per cent), and Texmaco Rail & Engineering (5.28 per cent).The railways sector is anticipated to be a leading beneficiary under the third tenure of the Modi government. Many railway stocks have given multibagger returns in the last 12 months.According to an average of 12 exit polls, the NDA is likely to win at least 363 seats this time.

oath-taking ceremony of the next Prime Minister of India. The restrictions will remain in force from June 1 to July 30 (including both dates). 1.

ALSO READ: GameStop shares surge after raising nearly $1 billion from share sale programIt was the first post from Keith Gill, known as “Roaring Kitty", on his Reddit account since his return to X in mid-May.Gill had fuelled anticipation that he will actively return to the market after he had shared an image of a video gamer leaning in.GameStop shares have fallen more than 50 per cent since a two-day rally triggered by his mid-May post.A screenshot posted on Sunday showed $20 call options for GameStop expiring on June 21. ALSO READ: GameStop hits highest since 2021 as return of 'Roaring Kitty' rekindles meme stock maniaIn a post on X on Sunday, Gill also shared an image of an UNO reverse card, which is used by players in the game to change the card-pickup direction.The post had attracted about 5.5 million views in the nine hours since its publication at about 8 p.m.

Reasons to buyReasons to avoidThe SGL Adjustable Water Spray Gun is a reliable choice for car washing and outdoor cleaning. It offers adjustable pressure and a comfortable grip, making it easy to handle for extended periods. With its lightweight design, it is a portable option for various tasks.Reasons to buyReasons to avoidAlso read: Best portable car washing machine: Up to 60% off on various models and brandsThe VniQ Washing Pressure Nozzle is a high pressure water gun that offers adjustable settings and a variety of nozzle options.

Nifty ended Monday’s trading session 733 points higher with analysts saying that if the election results are better than expected on Tuesday the headline index can even cross the 24,000 mark. The bulls are in full control of the markets at the current juncture and are using every minor pullback to create long positions. Support for the Nifty is now seen at 23,200 and 22,950-23,000 levels. On the higher side, immediate resistance is at 23,350 levels and the next resistance is at the 23,500 mark, said Tejas Shah of JM Financial & BlinkX.

Krishana Phoschem Ltd.(up 7.29%), Rashtriya Chemicals & Fertilizers Ltd.(up 5.07%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 4.62%), Chambal Fertilisers & Chemicals Ltd.(up 4.62%), The Fertilisers and Chemicals Travancore Ltd.(up 4.05%), Gujarat State Fertilizer & Chemicals Ltd.(up 4.04%), National Fertilizers Ltd.(up 3.13%), Nagarjuna Fertilizers and Chemicals Ltd.(up 2.98%), Coromandel International Ltd.(up 2.60%) and Zuari Agro Chemicals Ltd.(up 2.53%) stood among the top gainers.

aviation ministry has set in motion the urban air mobility project with the setting up several technical committees to pave the way for India's first ait taxi to take-off by 2026, as was being planned for some time.

The NSE Nifty index closed 733.21 points up at 23263.9, while BSE Sensex ended up 2507.47 points at 76468.78.

Varanasi constituency in Uttar Pradesh is set to play a crucial role in the 2024 Lok Sabha elections. The BJP has held Varanasi as a stronghold since 1991, winning seven times and losing only once, in 2004, to Congress's Rajesh Kumar Mishra. Prime Minister Narendra Modi is up against six candidates, including Congress's state president Ajay Rai. In 2014, Modi contested the Varanasi seat for the first time, winning by 3.72 lakh votes (56.37% of the vote share), defeating AAP's Arvind Kejriwal. In the 2019 elections, he won again, increasing his margin to over 4.5 lakh votes (63.6% of the vote share) against Samajwadi Party's Shalini Yadav, while the NDA returned to power.

Indian rupee rallied on Monday to log its best intraday performance since December 2023 after exit polls projected a third term for Indian Prime Minister Narendra Modi's party and alliance, boosting investor confidence. The rupee closed at 83.1425 against the U.S. dollar, up nearly 0.4% on the day, its best intraday percentage gain in more than five months.

El Nino, the natural weather phenomenon that contributed to 2023 being the hottest year on record, has recently subsided, paving the way for its opposing, cooling La Nina phase to begin.

Election Commission of India on Monday rejected Congress leader Jairam Ramesh's request for a one week extension of time to back his accusations against Amit Shah.

A trio of ongoing pilot projects is helping Toronto-Dominion Bank use artificial intelligence to augment the work of its customer service agents, engineers and mortgage and insurance underwriters.

Let's take a look:SBI: The stock is in an overall uptrend and forming higher highs – and higher lows on a monthly scale. The stock has outperformed within the PSU space and is likely to scale new record highs.L&T: The stock has given a range breakout on the weekly chart and holding well above 50 DEMA.

₹798 crore. Last quarter, it added three company owned, company operated (COCO) stores taking the total count to 1,329. It also closed some unprofitable or non-brand value-adding COCO outlets.

Golden Goose Group is seeking to list in Milan in an initial public offer (IPO) that could value the maker of $500 distressed sneakers at about €3 billion ($3.2 billion) including net debt. The company, the vast majority of which was bought by private equity group Permira for about €1.3 billion in 2020, is wooing investors as a luxury brand. But it looks more like Dr Martens, in that it’s reliant on a signature shoe style that risks falling out of fashion.

₹3,000 discount on the Narzo 70 Pro 5G smartphone during the Realme savings day sale on June 6. The smartphone can be bought at a discounted price of ₹16,999 on Amazon and Realme.com during the 12 hour sale period.Realme Narzo 70 Pro 5G was launched at a price ₹19,999 for the 8GB RAM/128GB storage variant and ₹21,999 for the 8GB RAM/256GB storage variant.

Mint website: In Indian real estate, senior living is still in the junior league. I read this article and quickly formed my opinion on this relatively untouched segment of the real-estate industry. While housing is being solved for by large players with deep pockets, there is an entire ecosystem of companies in the senior-living market.