UPS Financial News

GE T&D India Ltd.(up 2.90%), Jaiprakash Power Ventures Ltd.(up 2.02%), PTC India Ltd.(up 1.64%), Indo Tech Transformers Ltd.(up 0.89%), Tata Power Company Ltd.(up 0.50%), GE Power India Ltd.(up 0.15%), Adani Energy Solutions Ltd.(up 0.14%) and NTPC Ltd.(up 0.04%) were among the top gainers.

Vijay Shekhar Sharma's resignation as the part-time non-executive chairman and board member at Paytm Payments Bank did not cut much ice with the investors who preferred to sell shares in hordes. Around 10 am, nearly 42.78 lakh shares were trading on the NSE.

₹215 per share, 15.6% higher than the issue price of ₹186. On BSE, GPT Healthcare share price today opened at ₹216.15 apiece, up 16.21% than the issue price.

Pixel 8 smartphone has won the 2023 Phone of the Year award at the Mobile World Congress (MWC) in Barcelona, Spain. The award was presented by the GSMA, which hosts the Global Mobile Awards at MWC every year. According to a report by 9to5Google, the Google Pixel 8 won the 2023 Phone of the Year award over many other competitors, including the iPhone 15 Pro series, OnePlus Open, Samsung Galaxy S23 series and Samsung Galaxy Z Flip 5.

Bajaj Auto buyback: Bajaj Auto shares are trading ex-buyback today. As per the information shared by the Indian auto major with the Indian stock market exchanges, the board of directors of Bajaj Auto has fixed the record date for Bajaj Auto buyback on 29th February 2024 i.e.

Shriram Finance. On the other hand, UPL will witness an outflow of $100 million, equivalent to a 3.5-day volume impact and 17.5 million shares, said the brokerage firm. Read here: Shriram Finance to be included in Nifty50, UPL excluded — check full list here In its semi-annual review of broad market indices, NSE Indices said that Shriram Finance has been added to the Nifty 50 index, replacing UPL Ltd, due to its highest 6-month average free-float market capitalization within the eligible universe.

Suvendu Adhikari claims ‘Sheikh Shahjahan has cut a deal Mamata Banerjee’ West Bengal Governor CV Ananda Bose said, "I told you there will be light at the end of the tunnel. That is democracy. We waited but it has been done.

Ambuja Cements Ltd. gained 0.07 per cent to Rs 590.0 at 10:15AM (IST) in Thursday's trade. The counter hit a high of Rs 594.35 and low of Rs 583.5 so far during the session. The stock had closed at Rs 589.55 in the previous session. The counter had a total traded volume of 10:15AM shares so far with a turnover of Rs 2.04 crore on BSE. The stock traded at a price-to-earnings multiple of 37.24 and a price-to-book ratio of 2.29.

The NSE Nifty index traded 10.46 points down at 21940.7, while BSE Sensex was up 30.35 points at 72335.23 as of 10:09AM(IST)on February 29.

Indian Hotels Company Ltd. gained 1.01 per cent to Rs 576.25 in Thursday's trade as of 10:10AM (IST). The stock hit a high price of Rs 577.75 and low of Rs 564.3 during the session. The return on equity (ROE) for the stock stood at 12.56 per cent. Traded volume on the counter stood at 10:10AM shares and turnover at Rs 0.77 crore around that time. The stock of Indian Hotels Company Ltd. quoted a 52-week high price of Rs 602.75 and 52-week low prices of Rs 302.3, respectively.

BANGKOK (Reuters) — Thailand will ban the recreational use of marijuana by the end of this year, but continue allowing its use for medical purposes, the health minister told Reuters in an interview.

By Richa Naidu and Casey Hall

L&T Finance Holdings Ltd., incorporated in the year 2008, is a Large Cap company (having a market cap of Rs 40746.53 Crore) operating in NBFC sector.

Pakistan’s voters expressed their disillusionment with the nation’s powerful military in a surprising election result earlier this month. But the army is still poised to have more control from behind the scenes than ever — and reviving the economy will be its ultimate test. The military, which has ruled Pakistan directly or indirectly for most of its modern history, is set to make all important decisions on foreign policy and security for the country’s new government and have a more expanded role in running the nation’s economy, a person familiar with the matter said. Shehbaz Sharif, who’s expected to become prime minister, is likely to be only a figurehead, the person said, asking not to be identified because the information is private. The army is consolidating power as Pakistan faces the worst inflation in Asia, a crippling debt load and the need to negotiate another bailout from the International Monetary Fund. Observers are largely pessimistic that a weak coalition propped up by the military will fare any better than similar governments in the past.

Dreamfolks Services with a target price of Rs 650. The current market price of Dreamfolks Services is Rs 507.25. Dreamfolks Services Ltd., incorporated in the year 2008, is a Small Cap company (having a market cap of Rs 2694.25 Crore) operating in Tourism & Hospitality sector.

Mrin Agarwal, Founder Director, Finsafe, says “all investors who think that I should do profit booking or who feel that my fund has not done well or who feel that I can exit right now and re-enter, please just remain invested, especially those who have just entered the market a year back. It is just too early for you to exit. And remember, this is how equity markets work. In one year, you will make a great return. Possibly, next year, you may not make a great return and that is why we always say that the average return that you are going to make could be in the range of, let us say, about 10% to 12%. You should remember that this 30-40% is not going to happen year on year. ” It is very important to revamp and reallocate portfolio when you see a disbalance as far as diversification is concerned. A lot of time investors think of exiting a fund or maybe switching a fund. What does it mean to exit a mutual fund and switch a fund? Mrin Agarwal: Exiting a fund means that you are exiting the entire holdings from that particular fund and probably putting it into your bank account.

U.S. spacecraft to land on the moon broke a leg at touchdown before falling over, and had just a few hours of power left before its anticipated premature shutdown Wednesday night. Intuitive Machines, the company that built the lander, released new photos Wednesday, six days after the landing, that showed at least one broken leg on the six-legged spacecraft. The lander came in too fast, skidded and tumbled over as it touched down near the moon's south pole last Thursday, hampering communications and power. It was supposed to operate for at least a week. CEO Steve Altemus said the lander, named Odysseus, was still generating solar power even though it was on its side. Later Wednesday, he said, flight controllers would «tuck Odie in for the cold night of the moon» so in three weeks, once lunar night lifts, they can try to regain contact.

Joe Biden «continues to be fit for duty,» his doctor wrote Wednesday after conducting an annual physical that is being closely watched as the 81-year-old seeks reelection in November. Dr. Kevin O'Connor, Biden's physician, wrote that the president is adjusting well to a new device that helps control his sleep apnea and has experienced some hip discomfort but also works out five times per week. «President Biden is a healthy, active, robust, 81-year-old male who remains fit to successfully execute the duties of the presidency,» O'Connor said in a six-page memo on the president's health, following a physical that took Biden to Walter Reed National Military Medical Center for more than 2 1/2 hours.

Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally. The largest cryptocurrency by market capitalisation was firm in Asia morning trade at $62,000, having changed hands at as high as $63,933 overnight. Its monthly gain is more than 45%, the largest since December 2020.

Salesforce expanded its stock buyback program by $10 billion and announced a new dividend, but its annual revenue forecast that was below estimates pushed its shares down around 2% in after hours trading. The company's downbeat forecast signals a likely slowdown in cloud and tech spending as clients grapple with high interest rates and rising inflation, compelling them to keep a lid on costs.

QUAD continues the momentum of its past three years under India's presidency in 2024, the White House has said. «The president (Joe Biden) is incredibly proud of the progress QUAD has made over the past three years,» White House Press Secretary Karine Jean-Pierre told reporters at her daily news conference on Wednesday. Members of the QUAD — the US, Australia, India and Japan — had held their first summit at the White House in March 2021. «The (QUAD's) anniversary is coming up and we are hoping to continue that momentum in 2024, under India's host year, as you just stated. And, we are talking about not just the United States, obviously, India, Japan and Australia,» Jean-Piere said in response to a question.