UPS Financial News

Parag Milk Foods Ltd.(up 2.92%), Nakoda Group Of Industries Ltd.(up 2.86%), LT Foods Ltd.(up 2.55%), Umang Dairies Ltd.(up 2.29%), Dodla Dairy Ltd.(up 2.27%), Vadilal Industries Ltd.(up 0.83%), Heritage Foods Ltd.(up 0.82%), Emami Ltd.(up 0.81%), Prataap Snacks Ltd.(up 0.71%) and Hatsun Agro Products Ltd.(up 0.68%) were among the top gainers.

Lexus Granito(India)Ltd.(up 3.28%), Madhav Marbles & Granites Ltd.(up 2.48%), 20 Microns Ltd.(up 2.31%), MOIL Ltd.(up 0.53%), The Orissa Minerals Development Company Ltd.(up 0.53%), Coal India Ltd.(up 0.52%), Ashapura Minechem Ltd.(up 0.44%) and Pokarna Ltd.(up 0.02%) were among the top gainers.

₹890 . Sinec The BPCL share price is trading at close to ₹670 levels, the Jefferies target price for BPCL indicates more than 30% upside for the stock. Jefferies analysts said that range bound oil prices and government staying away from auto fuel pricing have seen Oil Marketing Companies rally 90-130% since October.

BSE. Gujarat Gas share price opened at ₹570.70 against the previous close of ₹580.85 and soon declined 6 per cent to hit the level of ₹546. Around 9:30 am the stock traded 4.27 per cent lower at ₹556.05 on the BSE.

[2024.02.15] — Dibbles, a pioneer in the integration of meme culture and blockchain technology, proudly announces the launch of the ERC404A standard, a significant advancement in blockchain efficiency. This new development promises an unprecedented 77% reduction in gas costs, setting a new benchmark in the industry and marking a major milestone in blockchain’s evolution.

Infosys: Recovering from the loss of a billion-dollar deal in December, Infosys has kicked off 2024 with momentum, securing two significant contracts. The most recent is a $300 million contract with Singapore-based Pacific International Lines running until 2027, according to industry executives. The Singapore deal marks Infosys's second significant multi-year contract announcement within a month, following a seven-year agreement with Irish food retailer Musgrave on 31 January to automate its IT functions using AI and cloud solutions.

ChatGPT can now remember your conversation: Here's how it works "Sora is able to generate complex scenes with multiple characters, specific types of motion, and accurate details of the subject and background," the statement said, adding that it can create multiple shots within a single video. Apart from generating videos from text prompts, Sora can animate a still image, the company said in a blogpost.

Sensex gained 227.55 points, or 0.32%, to close at 72,050.38, while the Nifty 50 ended 70.70 points, or 0.32%, higher at 21,910.75. “With the end of Q3 result season, the focus is now shifting to fundamentals and economic macro data. Domestic equities are taking support from better-than-expected inflation which would keep the trend positive.

Bharat Bandh 2024 LIVE They emphasized their desire for a peaceful resolution rather than confrontation. The talks occurred amidst a standoff between protesters and security personnel at two locations along the Punjab-Haryana border. Sarwan Singh Pandher, coordinator of the Kisan Mazdoor Morcha (KMM), addressed the media following the meeting, stating that the leaders of the farmers' union have reassured the cabinet ministers of their “commitment to dialogue." Also Read: Farmers Protest LIVE Updates: Mobile internet services to remain suspended in 7 Haryana districts till February 17 Pandher expressed apprehension regarding the ongoing situation, citing issues such as the suspension of social media accounts and the use of tear gas during otherwise peaceful interactions, “We said we are not Pakistan.

Stock Market News: The domestic benchmark equity indices, the Nifty 50 and the Sensex, on Thursday's trading session inched higher, reflecting the upbeat mood that pervaded the global market. Nifty 50 concluded with bulls in complete control and a comfortable gain. Again, Nifty PSU Bank and Nifty PSE indexes were the top performers, rising 3% apiece.

New Delhi: A committee charged with drafting a new national cooperation policy has recommended that a national innovation fund be set up to encourage entrepreneurship in primary agricultural credit societies (PACs), a member of the committee said. No specific size or outlay for the fund has been recommended; the ministry of cooperation will take a call on the size, the member added, requesting not to be named.

6.5%: That's the unemployment rate in urban areas in the December 2023 quarter, data released by the ministry of statistics and programme implementation (MoSPI) showed. In the same period last year, India's unemployment rate was 7.2%. The Periodic Labour Force Survey showed that the urban labour force participation rate—or the share of individuals in the labour force—rose to 49.9% from 48.2% a year ago.

₹12 lakh to colocate a (full rack) server in its data centre, plus connectivity charges and taxes. The exchange started the colocation facility in 2009 so that brokers located in, say, Mumbai and Chennai would get data feeds at the same time, despite the Mumbai broker being closer to the exchange’s servers. Interestingly, exchange data shows that colocation-based trades accounted for 60.7% of gross turnover in April-December 2023, up 247 basis points (bps) from a year earlier, followed by mobile-based trade at 17.6% (up 22 bps), Internet-based trades at 8.9% (down 106 bps) and algo trades 1.1% (up 45 bps).

Analysts at most top brokerages raised or retained their share price targets on M&M after the company’s net profit in its third quarter exceeded expectations. Stock jumped 6.81% to close at Rs 1,769.8 on Thursday after hitting its 52-week high of Rs 1,784.9. The average analyst price target on the company available on Bloomberg after Q3 results stood at Rs 1884.8, implying an upside of 6.5% from Thursday’s closing. Analysts at Kotak Securities said that although near-term demand for tractors is expected to be muted, the demand for SUVs is likely to remain steady, supported by a robust order backlog.

In today's trade, shares of Entero Healthcare, YES Bank, Alpex Solar among others will be in focus due to various developments.

Interest in sustainable investing has taken a back seat in the past year after the the environmental, social and governance strategy found itself enmeshed in a political storm. 

(Reuters) — Ingersoll Rand (NYSE:IR) on Thursday beat fourth-quarter estimates on strong demand for its air compressors, pumps and power tools, sending shares up 4.8% in extended trading. An advancing non-residential construction market in the U.S. has bolstered the demand for the company's products.

(Reuters) -Coinbase Global on Thursday posted its first quarterly profit since 2021 on sturdy trading volumes due to a resurgence of interest in crypto, sending its shares up nearly 12% after the bell.

Japanese stocks have witnessed significant gains since the beginning of the year, propelling the Nikkei 225 index past the 38,000 mark for the first time since 1990.

As the rally in major cryptocurrencies like Bitcoin and Ether extends to Thursday, traders hunting for the best crypto to buy today continue to scour smaller-cap altcoin markets for opportunities.

Baroda Rayon declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 19.95% & the profit decreased by 95.25% YoY.