UPS Financial News
27.11 / 11:57
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Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 80.41 points up at 24274.9, while BSE Sensex ended 230.02 points at 80234.08.
27.11 / 11:57
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Stock market update: Power stocks up as market rises
Adani Power Ltd.(up 19.52%), Adani Energy Solutions Ltd.(up 10.00%), Adani Green Energy Ltd.(up 10.00%), Jaiprakash Power Ventures Ltd.(up 6.90%), Gujarat Industries Power Company Ltd.(up 5.27%), GMR Power and Urban Infra Ltd.(up 5.00%), Ravindra Energy Ltd.(up 5.00%), Jyoti Structures Ltd.(up 5.00%), Reliance Power Ltd.(up 4.99%) and Indowind Energy Ltd.(up 4.98%) stood among the top gainers.
27.11 / 11:57
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Scandals
Naidu government explores options to keep SECI solar deal alive amid bribery allegations against Adani group
bribery scandal involving the Adani Group that has come to light in the U.S. According to sources, the state government is not in favor of canceling the deal due to the legal complexities it would entail. Instead, it is considering the possibility of setting up the solar power plant within Andhra Pradesh, which would significantly lower transmission costs. A senior minister in the state government highlighted that if the power were available locally with minimal transmission costs, the rate of Rs 2.49 per unit would be reasonable.
27.11 / 11:57
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Leonardo DiCaprio, 50, engaged to 26-year-old girlfriend Vittoria Ceretti? Here's the truth
Leonardo DiCaprio engaged to his model girlfriend Vittoria Ceretti? Is Hollywood's most eligible bachelor DiCaprio finally off the market? The 50-year-old actor has ignited speculation that he may have finally popped the question to his 26-year-old model girlfriend, Vittoria Ceretti. Rumours and whispers of a hush-hush engagement began to surface online after gossip site DeuxMoi revealed that they received an email suggesting that the Oscar-winning actor might just be ready to settle down. The actor, who built up quite the reputation for his bachelor lifestyle and dating supermodels under 25, had many running a search to check Ceretti's age on hearing the surprising news.
27.11 / 11:57
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Sensex rises! These stocks rallied over 15% on BSE in today's trade
stocks rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Indo Cotspin(20.00%), Chennai Multi(19.99%), Ola Electric Mobilit(19.99%), Adani Gas(19.76%), Adani Power(19.65%), Thirani Projects(18.58%), Ellora Trading Ltd.(18.33%), Xpro India(17.33%) and Shaily Engg Plastics(16.35%).
27.11 / 11:53
27.11 / 11:27
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Analysis
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Stock market update: FMCG stocks up as market rises
Adani Wilmar Ltd.(up 8.37%), LT Foods Ltd.(up 5.29%), JHS Svendgaard Laboratories Ltd.(up 4.96%), Bikaji Foods International Ltd.(up 3.82%), Marico Ltd.(up 3.43%), Zydus Wellness Ltd.(up 2.82%), Euro India Fresh Foods Ltd.(up 2.72%), Hindustan Foods Ltd.(up 2.52%), Colgate-Palmolive(India)Ltd.(up 2.20%) and Heritage Foods Ltd.(up 2.14%) stood among the top gainers.
27.11 / 11:27
markets
UPS
Enterprise
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electronic
Updates
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index ended the session 80.41 points up at 24274.9, while BSE Sensex 230.02 points to 80234.08.
27.11 / 11:27
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Databricks closes in on $55 billion valuation after latest fundraise
Databricks is in talks to raise up to $8 billion from investors that would value the data analytics company at $55 billion, in one of the largest fundraises in Silicon Valley, according to a source familiar with the matter. Most of the new funding would be in the form of a secondary share sale, where early investors and employees are allowed to cash out some of their stock holdings, the source said. It would also be used to cover the tax cost associated with the share sales, which could cost billions. Such deals can boost employee morale, since stock-based payouts typically comprise a big chunk of the compensation at startups, while allowing the company to sidestep an initial public offering under a deadline before the stock unit expires.
27.11 / 09:33
COST
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Black Friday Offers: From Flipkart, Samsung, and Apple to Croma and Bank cards — Check top sale deals here
Black Friday" shopping phenomenon offers buyers deep discounts and bustling sales. It traditionally marks the start of the US holiday shopping season, falling on the Friday after Thanksgiving. This year, it lands on November 29, 2024.And in the US, India, and across the world retailers are set to offer pocket-friendly discounts to draw millions of eager shoppers.
27.11 / 08:55
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NTPC Green Energy's m-cap crosses Rs 1 lakh crore mark on debut, stock jumps 10% post listing
NTPC Green Energy's market capitalisation breached the Rs 1 lakh crore mark on Wednesday as the stock shot up 10% following a lacklustre listing. NTPC's renewable energy arm was listed at Rs 111.50 on the NSE, a 3.2% premium over the issue price of Rs 108. The stock generated considerable interest on its opening day with over 26 crore shares changing hands around 1:15 pm.
27.11 / 08:55
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rights
Government spending and liquidity easing to spur growth: Satish Kothari
«We expect pickup in government-led spending and easing of liquidity, which will start aiding growth from next quarter onwards. Last 18 months to 24 months, we have seen a lot of stock run up and sectors run up in Indian markets,» says Satish Kothari, SageOne Investment Advisors. In the last two months, we have seen a 3000 points correction in the benchmark and a recovery of nearly 1000 points from the lows. So, how are you positioning yourself amidst such volatility? What is your market view at current juncture if you could just take us through that? Satish Kothari: The Indian markets have cooled off in the last two months primarily driven by Q2 FY25 earnings, which were quite weak and FIIs selling and rising geopolitical uncertainties. The broader outlook for near-term continues to be a bit uncertain, driven by external global environment and investors will watch out for how Q3 FY25 earnings pans out for corporate India. However, when we look at Indian macro environment, it continues to be strong and stable.
27.11 / 08:49
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Best portable dehumidifiers: Top 7 options for effective moisture control in homes and workspaces
Reasons to buyReasons to avoidThis portable electric dehumidifier offers a 2000ml water tank capacity and features a built-in air purifier. With its compact design and energy-efficient operation, it's an ideal choice for bedrooms, basements, and other medium-sized spaces.
27.11 / 08:17
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reports
Indian Oil Corp. share price 0.21 per cent
Indian Oil Corporation Ltd. traded 0.21 per cent up at Rs 136.70 at around 01:31PM (IST) on Wednesday. The stock had closed at Rs 137.00 in the previous session. Equity benchmark Sensex traded 364.35 points at 80368.41 around the same time.
27.11 / 08:17
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Uber rolls out 'Uber One' loyalty programme in India
According to the information available on Uber's app, it has priced the subscription service at Rs 149 per month and Rs 1,499 for the annual plan. However, it is offering discounts as high as 50% to certain users on the monthly plan. As part of the loyalty programme, Uber is offering up to 10% credits on ride-hailing for four-wheelers, three-wheelers and two-wheelers, in addition to its parcel delivery offering.
27.11 / 08:17
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MET
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Interviews
Marriage made in heaven! How Rekha met Rakesh Jhunjhunwala
Rakesh Jhunjhunwala’s journey from mere Rs 5,000 to a staggering Rs 40,000 crore, is a stuff of legends. At its heart lies Rare Enterprises—named after Rakesh and his life partner, Rekha—a true testament to the partnership that powered his rise as India’s “Big Bull.” The meeting that would forever change Rekha and Rakesh’s lives was nothing short of providential. Rekha, in an interview to The Economic Times newspaper, recalled how the alliance wasn’t even meant for her. “Actually, Rakesh’s marriage proposal was for my cousin,” she said. But fate, it seemed, had other plans. The matchmaker urged Rakesh to meet Rekha first, and from that moment on, the stars aligned. “The rest,” she added, “is history.”
27.11 / 07:03
27.11 / 06:33
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awards
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Relationships
India, Russia sign up for a train journey together
“They have huge domestic requirements and for that they want to set up manufacturing facilities here. They want to get these supplies from India,” ToI's report (by Dipak K Dash) said quoting a railway ministry official. TMH CEO Kirill Lipa elaborated on the plan at the company's Moscow headquarters. “The current interest rate in India is very different from other countries. So, we are interested and ready to invest in India. We are interested in developing several facilities in India, which are capable of providing certain components and we think some of them can be supplied to the Russian market as well.”
27.11 / 05:31
markets
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Booking
Election
wellness
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performer
M&M top auto pick; stack up in capital goods stocks: Amnish Aggarwal
Amnish Aggarwal, Head of Research, Prabhudas Lilladher, says capital goods is perhaps the best performing sector in terms of numbers, because the profit growth of all the capital goods companies and even the order books have been looking quite decent. In the capital goods space, play the entire automation and electrification theme this year. Companies like Siemens, ABB, and to some extent even GE T&D, Schneider stack up there. Among these ABB and Siemens seem to be the largest and very formidable players. The markets may have taken a bit of a breather yesterday after two days of a stupendous rally. The IT sector definitely stood out, hitting record highs. How much further can this rally sustain within IT? Amnish Aggarwal: As far as the IT sector is concerned, there are two things. First of all, with the US elections getting over, now people are getting more comfortable that the IT spending will likely start and they will get more clarity. Secondly, the kind of fear people had earlier that once the Trump administration comes, there would be much more embargo on H-1B visa and I think that, that is not going to be there. So, there are pockets within IT where there will be stress in some European markets and ER&D is not doing well across segments.
27.11 / 05:31
markets
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Analysis
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Updates
Stock market update: Mining stocks up as market falls
Ashapura Minechem Ltd.(up 5.58%), Madhav Marbles & Granites Ltd.(up 2.43%), KIOCL Ltd.(up 2.33%), Oriental Trimex Ltd.(up 1.99%), Sandur Manganese & Iron Ores Ltd.(up 1.64%), MOIL Ltd.(up 1.47%), Gujarat Mineral Development Corporation Ltd.(up 1.37%), Coal India Ltd.(up 1.32%), Pokarna Ltd.(up 1.01%) and The Orissa Minerals Development Company Ltd.(up 0.71%) were among the top gainers.
27.11 / 05:31
markets
UPS
Analysis
Enterprise
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Updates
Stock market update: Power stocks up as market falls
Adani Energy Solutions Ltd.(up 5.11%), GMR Power and Urban Infra Ltd.(up 5.00%), Adani Power Ltd.(up 4.44%), Ravindra Energy Ltd.(up 4.39%), Gujarat Industries Power Company Ltd.(up 4.17%), Energy Development Company Ltd.(up 4.03%), Jyoti Structures Ltd.(up 3.59%), Indowind Energy Ltd.(up 3.31%), Reliance Power Ltd.(up 3.01%) and Jaiprakash Power Ventures Ltd.(up 2.71%) were among the top gainers.
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