UPS Financial News

Open interest indicates that bulls are likely to dominate the following counters. In Wednesday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.

Siemens Ltd. gained 3.15 per cent to Rs 6289.8 in Wednesday's trade. It hit a high of Rs 6329.0 and low of Rs 6029.15 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 4175.42, while the 50-DMA was at Rs 5246.41. 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.

«Today, you have the BlackRocks and the GICs of the world, sovereign capital which is available. High quality institutional capital is available to the real estate industry and we have RERA, so there is far more regulation, balance sheets are deleveraged, and demand is pretty strong,» says Hiren Ved, Director & CIO, Alchemy Capital. So, buy all India players, buy regional players, what should one do? No, just buy strong players. See, real estate, by and large has been a local industry. There have been few players like Godrej, etc, who have been all India.

TikTok has become one of the world’s biggest stories in business and geo- politics. US President Joe Biden recently signed a law that will ban the massively popular app in nine months if its Chinese owner, ByteDance, does not sell it to a non-Chinese entity. TikTok, for its part, has called the law “political theatre," and it is probably right: there is always some theatrics in politics, and bashing China is currently one of the most popular shows in town.

Also Read: ‘Disgusting’: BJP slams Sam Pitroda over his 'People in east look like Chinese, in South like Africans' remark Jairam Ramesh further added that The Indian National Congress completely dissociates itself from these analogies. "We have survived 75 years in a very happy environment where people could live together, leaving aside few fights here and there.

top mutual funds in the smallcap category as per the data available on the website of the Association of Mutual Funds in India (AMFI) In the small-cap category, the top-performing mutual funds in terms of five-year returns as of now are Quant Small Cap Fund with a return of 40.66%, followed by Bank of India Small Cap Fund at 33.79%, and Nippon India Small Cap Fund at 32.03%. Edelweiss Small Cap Fund has yielded returns of 30.70%, while Canara Robeco Small Cap Fund stands at 29.82%.

₹39,900 for the 64GB storage variant with WiFi support. However, the same variant is priced at ₹34,900 after the launch of new iPad models. The iPad 10th Generation features a 10.9-inch multi-touch IPS LED display with a resolution of 2360x1640 pixels and a pixel density of 264 ppi.

Slone Infosystems IPO allotment date today: Slone Infosystems IPO share allotment will be finalised today (Wednesday, May 8). The investors who applied for Slone Infosystems IPO can check the Slone Infosystems IPO allotment status in the registrar's portal, which is Kfin Technologies Ltd. Slone Infosystems IPO opened for subscription on Friday, May 3, and closed on Tuesday, May 7.

For weeks, hip-hop superstars Drake and Kendrick Lamar have been embroiled in a rap “beef," a tradition where rappers duel lyrically in a fight for the throne.This past weekend, it got ugly—so ugly that the reputations of two of music’s biggest names may never be the same. In quick succession, the feuding stars exchanged blows across five tracks with increasingly dark lyrics that had rap fans riveted, shocked and queasy.

Indraprastha Gas Limited (IGL) jumped 7 percent in intra-day deals on Wednesday despite weakness in the Indian market on the back of decent financial results for the March quarter (Q4FY24). The firm posted a 9 percent rise in its consolidated net profit at ₹433.79 crore as against ₹397.51 crore in the corresponding period last year. However, the leading city gas distributor's (CGD's) revenue from operations in the quarter under review fell 2 percent to ₹3,964.42 crore, versus ₹4,056.44 crore in the year-ago period.

India needs 8-10% growth over next decade to reap demographic dividend: RBI However, April's RBI bulletin warned that extreme weather events and prolonged geopolitical tensions could lead to volatile crude oil prices and pose inflation risks. In an event hosted by the National Council of Applied Economic Research in New Delhi, the CEA said, "The omens are good for us to continue the steady growth rate".

Air India Express, the low-cost carrier owned by Tata Group, today cancelled several flights. The cancellations are reportedly due to a protest by some cabin crew members against alleged 'mismanagement at the airline'. As per a PTI report, the discontent among the cabin crew has been growing, especially since the beginning of the merger process with AIX Connect, formerly known as AirAsia India. Union Concerns and Passenger Frustration A union representing a section of the Air India Express cabin crew has raised concerns about mismanagement and unequal treatment of staff. The Air India Express Employees Union (AIXEU), which claims to represent around 300 cabin crew members, mostly seniors, has alleged that mismanagement has affected the morale of the employees.

Godrej Consumer Products Ltd. traded 1.41 per cent up at Rs 1340.8 at 11:00AM (IST) on Wednesday, even as BSE benchmark Sensex dropped 270.2 points to 73241.65. The stock had closed at Rs 1322.05 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 1350.0 and Rs 932.05, respectively.

InterGlobe Aviation Ltd. traded 1.07 per cent up at Rs 3990.65 at 11:11AM (IST) on Wednesday, even as BSE benchmark Sensex dropped 276.28 points to 73235.57. The stock had settled at Rs 3948.35 in the previous session. The stock quoted a 52-week high price of Rs 4188.15 and 52-week low of Rs 2158.85, respectively. As per BSE data, total traded volume on the counter till 11:11AM (IST) stood at 4152 shares with a turnover of Rs 1.65 crore.

BSE at 11:06AM (IST) on Wednesday, up 1.91 per cent from previous close. The stock quoted a 52-week low price of Rs 604.0 and a high of Rs 1076.35.

pet dog inside the lift of the upscale Lotus 300 Society in Noida's Sector 107. The incident took place on May 3, adds to a growing number of dog attacks in the city. CCTV footage from inside the lift captured the harrowing moment. The video shows the girl alone in the lift when the doors open, and suddenly, a pet dog rushes in and launches an attack. The child had no chance to defend herself against the unexpected assault. This incident has raised serious concerns about safety measures within residential complexes, particularly regarding pet ownership and management. It underscores the importance of implementing strict regulations and guidelines to ensure the safety of residents, especially children, from such unforeseen dangers.

Shares of JSW Energy surged 5.8% today on BSE to the day’s high of Rs 618 after brokerages raised target prices on the stock following Q4 results. The company reported a 22% YoY jump in March quarter profit to Rs 345 crore.

Swaminathan Aiyar, Consulting Editor, ET Now, says “BJP may have many jewels, but Mr Modi is Koh-i-Noor. The biggest thing the BJP has going for it is Mr Modi. And at the end of it all, you can have 25 different analyses of different issues. But if the stark choice is, do you want Mr Narendra Modi or do you want Mr Rahul Gandhi? I have no doubt that people will opt for Mr Modi, whatever their other reservations are. Whether he gets an increased majority or a reduced majority is another matter. But even if the BJP loses 100 seats, they will get more parties with them and so surely Mr Modi will be back.” On inflation the prime minister has cited the Korean War during the Nehru regime and he has spoken about how inflation was the highest during Indira Gandhi's time. Up front, what do you make of this historical context that the prime minister is referencing on inflation and the impact of the war in Ukraine, which he says affects food, fertiliser and fuel prices directly? Swaminathan Aiyar: He recalls inflation back in the early 50s. It is a fact that the Korean War resulted in a shortage of all kinds of commodities, which were being used for the war effort on both sides. Because of that very steep rise in all commodity prices, there was an increase in price in India too. While it is true that there were a certain number of restrictions on imports, actually imports were pretty free in the early 50s. Therefore, there was an impact.

Ashok Leyland Ltd. gained 0.69 per cent to Rs 195.35 in Wednesday's trade as of 10:45AM (IST). The stock hit a high price of Rs 197.2 and low of Rs 192.6 during the session.

United Spirits Ltd. gained 1.31 per cent to Rs 1218.25 in Wednesday's trade as of 10:30AM (IST). It hit a high of Rs 1225.0 and low of Rs 1195.25 during the session. The stock quoted a 52-week high price of Rs 1242.35 and a low of Rs 781.0. The return on equity for the stock stood at 18.93 per cent. About 9,021 shares have changed hands on the counter so far.

Kapu community voters and anti-incumbency coupled with his personal charisma are what Janasena chief Pawan Klayan hopes to see him through the hustings in the Pithapuram assembly segment, while his opponent, the YSR Congress party's nominee Vanga Geetha, largely depends on her track record to defeat the actor-politician. Pithapuram shot into limelight after the segment was allotted to Janasena as part of seat sharing agreement of NDA and Kalyan, who belongs to the dominant Kapu community of the region, announced his candidature from it. The move forced the ruling YSRCP to field its sitting Kakinada Lok Sabha member Vanga Geetha, who also belongs to the same forward community, to take him on. The seat allocation to Janasena did not go down well with the supporters of former TDP legislator from the segment SVSN Varma and they raised a hue and cry.