UPS Financial News

Amarnath Yatra to the 3,880-meter-high cave shrine in south Kashmir commences on June 29 and concludes on August 19. The Jammu and Kashmir administration has implemented extensive measures to ensure a smooth and secure pilgrimage for the thousands of devotees expected this year.

OnePlus Nord CE 4 Lite 5G first impressions: New colours, same processorAccording to tipster Yogesh Brar, the CMF Phone 1 will feature a 6.7-inch Full HD+ LTPS AMOLED display with a peak brightness of 2000 nits (800 nits in high brightness mode) and a variable refresh rate of up to 120Hz. The latest Nothing is likely to have an IP52 rating for splash and dust resistance and an in-display fingerprint sensor.The smartphone is likely to be powered by the MediaTek Dimensity 7300 chipset with support for up to 8GB of RAM and up to 128GB of storage.

expects advertising revenue to touch ₹1,000 crore in the next 12 months. The company's advertising revenue has already hit ₹400 crore. “The advertising business is scaling rapidly and is growing at the rate of 150% year-on-year, driving up margins steadily," Zepto co-founder and chief executive officer Aadit Palicha said in an earlier interview with Mint.

fixed deposit (FD) interest rates in India have seen an upward trend. Certain banks are now providing rates as high as 8.25% for senior citizens and 7.75% for the general public. Many individuals opt for FDs as a reliable means to secure a consistent income, avoiding the fluctuations often found in stocks or other market-based investments.Unlike equities, where dividends can vary, FDs provide a stable interest rate that remains unchanged from the time of deposit.

ICICI Prudential Life Insurance Company Ltd. traded 0.33 per cent up at Rs 598.25 at 10:45AM (IST) on Thursday, even as BSE benchmark Sensex dropped 116.29 points to 78557.96. The stock had closed at Rs 596.25 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 640.8 and Rs 463.5, respectively.

ICICI Lombard General Insurance Company Ltd. rose 0.56 per cent to Rs 1798.9 in Thursday's trade. It hit an intraday high of Rs 1814.7 and low of Rs 1780.65, respectively, during the day. The stock quoted a 52-week high price of Rs 1814.7 and low of Rs 1262.1.

Ponni Sugars(Erode)Ltd.(up 0.71%), Avadh Sugar & Energy Ltd.(up 0.34%) and KM Sugar Mills Ltd.(up 0.24%) were among the top gainers.

Mutual Funds platform about accumulating Rs 15 crore within 15 years, Mayank Bhatnagar, Co-founder and COO of FinEdge, offers strategic insights and recommendations. Mayank's analysis suggests that Robin would need to invest Rs 2,70,000 per month to reach his goal, with his current SIP of Rs 20,000 likely to generate a corpus of Rs 1.1 crore. To bridge the gap, an additional monthly investment of Rs 2,50,000 is required.

There are growing calls for a reduction in the repo rate. The argument is not so much that inflation has come down, but that potential growth will get affected. This is contrary to the majority view that as growth is very much on target, with the Reserve Bank of India (RBI) projecting it at 7.2% for the year, monetary policy focus can remain on inflation control.

JSW Energy, one of India's leading private sector power producers, surged nearly 4% in early morning trade to ₹739 apiece. This rise followed the announcement that the company's wholly owned subsidiary, through its subsidiaries, had signed Power Purchase Agreements (PPAs) for wind and solar projects totaling 1,325 MW.These agreements include 1,025 MW with the Solar Energy Corporation of India Limited (SECI) and 300 MW with Gujarat Urja Vikas Nigam Limited (GUVNL) for the supply of power for a period of 25 years with a tariff of ₹2.66/KWh.Notably, the 1,025 MW wind PPA is the largest single tranche PPA ever signed by SECI, featuring a blended tariff of ₹3.62 per kWh for a 25-year power supply period.On June 24, JSW Neo Energy received a Letter of Award (LoA) on June 23 for setting up a 300 MW ISTS-connected wind-solar hybrid power project from SECI.

The NSE Nifty index traded 98.3 points up at 23967.1, while BSE Sensex was up 340.19 points at 79014.44 as of 10:29AM(IST)on June 27.

Matthew Mott is wary of the threat Virat Kohli possesses as his side prepares for a knockout semi-final against India at the ICC Men's T20 World Cup. Kohli is yet to fire at this tournament with a mere 66 runs from six innings, but Mott is expecting the experienced right-hander to lift for the semi-final clash in Guyana. Mott pointed to Kohli's tendency to produce his best performances in big matches and knows his team must quell the top-order threat the 35-year-old will carry on Thursday.

ACC Ltd. gained 1.73 per cent to Rs 2634.35 at 10:35AM (IST) in Thursday's trade. The scrip hit a high of Rs 2670.0 and low of Rs 2572.0 so far during the session. The stock had closed at Rs 2589.45 in the previous session. The counter had a total traded volume of 10:35AM shares so far with a turnover of Rs 4.01 crore on BSE. The stock traded at a price-to-earnings multiple of 20.79 and a price-to-book ratio of 2.87.

Valtrust (formerly Valturst capital), is a Delhi-based multi-family office, offering investment advisory to families and individuals to grow their wealth and ensure inter-generational wealth transfer. Rahul Bhutoria, Valtrust's director and co-founder, assists families in managing their onshore and offshore investment portfolios. He shared insights on a broad range of topics related to SME IPOs during his conversation with ET Online.

Varun Beverages Ltd. traded 1.23 per cent up at Rs 1625.35 on Thursday at around 10:30AM (IST), while the benchmark BSE Sensex advanced 340.24 points to 79014.49. As many as 10,961 shares changed hands on the counter with a total value of Rs 1.77 crore.

The NSE Nifty index was trading 92.55 points up at 23961.35, while BSE Sensex was up 143.75 points at 78818.0 at the time of writing this report.

RateGain Travel Technologies Ltd. with a target price of Rs 858. The current market price of RateGain Travel Technologies Ltd. is Rs 755.6. RateGain Travel Technologies Ltd., incorporated in the year 2012, is a Large Cap company (having a market cap of Rs 8668.95 Crore) operating in General sector.

Sensex and Nifty to fresh all-time peaks, foreign institutional investors (FIIs) have been buying Indian stocks non-stop with a cumulative inflow of Rs 32,000 crore on Dalal Street in 12 trading sessions. FIIs can be seen pouring money into India funds at the cost of China, Brazil, Taiwan and South Korea as consensus is gradually building on imminent rate cuts in the second half of 2024. This month's buying comes after FII outflows worth over Rs 34,000 crore in the last 2 months. For 12 consecutive trading sessions from June 7 till June 25, FIIs have been net buyers on Dalal Street, according to Sebi data.

SoftBank Group Corp.’s Vision Fund 2 is investing in US artificial intelligence startup Perplexity AI at a $3 billion valuation, Masayoshi Son’s latest bet on a sector he deems crucial to securing his legacy. SoftBank will invest between $10 million and $20 million in the firm, which aims to use AI to compete with Alphabet Inc.’s Google search, according to people familiar with the matter. It’s investing as part of a larger $250 million funding round that triples Perplexity’s valuation and makes it one of the industry’s most highly valued companies.

bond yields spiked on nervousness about inflation on Thursday, while the yen's slide past 160-per-dollar had currency traders bracing for Japan to step in and steady it. The dollar made six-week highs on sterling and the kiwi and at 160.7 yen traded just shy of Thursday's 38-year peak. The jittery mood had frothy sectors of financial markets especially vulnerable and Nasdaq futures dropped 0.5%.

The countdown to the presale launch of the world’s first food-themed meme coin Choc ($CHOC) has begun.