Week Financial News

block deals that were executed on screen were worth over Rs 10,434 crore with Vedanta walking away with the lion’s share followed by deals in DLF and Unichem Laboratories. The data on deals, compiled by Nuvama, pertains to the period up to Thursday. Prominent bulk, block and insider deals for the week were executed in eight companies viz.

₹79.83 crores. The film is expected to witness a substantial surge in business on its second Saturday as well. If the trend continues as projected, the movie is likely to cross the century mark by the end of the second weekend and may be recognised as a successful film in the Hindi film industry.

Buy or sell stocks: After falling for three straight session on weak global market sentiments, Indian stock market ended higher on Friday. NSE Nifty added 135 points and closed at 19,517 levels, BSE Sensex went up 480 points and finished at 65,721 mark whereas Bank Nifty index shot up 366 points and ended at 44,879 levels. In broad market, small-cap index went up 0.66 per cent while mid-cap index surged 0.65 per cent respectively.

bond yields offer the latest test to a U.S. stock rally that has delivered hefty gains this year. The benchmark S&P 500 index is up 16.6% year to date, fueled by an improving economic outlook, excitement over developments in artificial intelligence and signs that the Federal Reserve is close to ending its market-bruising U.S.

rising temperatures of ocean water, the European Union’s Copernicus Climate Change Service said that the average temperature touched 20.96 degrees Celsius or 69.7 Fahrenheit at the end of July this year. The previous highest temperature was recorded at 20.9 degrees Celsius in 2016.

Nifty on Friday bounced back in style with an upside of 135 points to form a small positive candle with minor upper and lower shadow on the daily chart. However, on the weekly chart, a red candle was seen with an upper and long lower wick. The hourly momentum indicator has also reached the equilibrium line indicating that the pullback has matured and can begin a new cycle on the downside, said Nagaraj Shetti of HDFC Securities.

Rocky Aur Rani Ki Prem Kahani’ is currently setting the box-office on fire. According to a report by the Indian box-office commercial tracking platformSacnilk.com, the Alia Bhatt-Ranveer Singh rom-com has minted a whopping Rs 73.33 crore in its first week! Film reviewer and trade analyst Taran Adarsh took to Twitter to share the daily box-office collections of the Karan Johar directorial. “#RockyAurRaniKiiPremKahaani packs an impressive number in Week 1… The solid trending at metros should ensure a strong Weekend 2… Fri 11.10 cr, Sat 16.05 cr, Sun 18.75 cr, Mon 7.02 cr, Tue 7.30 cr, Wed 6.90 cr, Thu 6.21 cr. Total: ₹ 73.33 cr. #India biz,” reads his tweet. The movie may have some stiff competition soon as ‘Gadar 2’ is the long-awaited sequel to the 2001 blockbuster ‘Gadar: Ek Prem Katha’. The movie also marks the return of both leads — Sunny Deol and Ameesha Patel to the silver screen.

Rahul Gandhi's active participation in these debates, which will undoubtedly be a significant moment for the legislative body. Here are a list of things that are expected in Parliament next week The Supreme Court on Friday suspended Rahul Gandhi's conviction in defamation case linked to Modi surname remarks, enabling him to return to parliament and contest national elections due next year. INDIA bloc MPs are confident that with Rahul Gandhi returning to Parliament, their voice against the PM Modi government will be much stronger regarding the Manipur issue.

BSE LargeCap index witnessed a remarkable surge on August 4 as several prominent stocks soared to new 52-week highs, reflecting robust market performance and investor optimism. Cipla, Marico, Info Edge (India), and Zomato emerged as the frontrunners, making a significant impact in their respective industries. The data was sourced from BSE at 2.05 pm, and the updates from the real-time data could come with a lag.

Lupin share price rose over 4 per cent to hit its fresh 52-week high of ₹1,078 in intraday trade on BSE on Friday (August 4), looking set to extend their gains into the fifth consecutive session. Shares of the company jumped a day after the company reported its June quarter scorecard. Lupin reported a consolidated net profit of ₹453.33 crore for Q1FY24 against a consolidated net loss of ₹86.82 crore in the same quarter of the previous financial year.

₹70 crore across the country. Box office numbers for the Ranveer Singh and Alia Bhatt-starrer are driven by business in high-end multiplexes while mass pockets remain slow. Written by Ishita Moitra, Shashank Khaitan and Sumit Roy and produced by Dharma Productions and Viacom18 Studios, the film stars also stars Dharmendra, Jaya Bachchan, Shabana Azmi, Tota Roy Chowdhury, Churni Ganguly, Aamir Bashir, and Kshitee Jog.

Dixon Technologies jumped 17% in the last two trading sessions on BSE after the government restricted imports of electronic items such as laptops, tablets and personal computers. Meanwhile, in Friday's trade, shares of Dixon Technologies surged 8.4% to hit a new 52-week high of Rs 4,813 on BSE. In its notification, the Directorate General of Foreign Trade (DGFT) restricted the import of laptops, tablets, all-in-one personal computers and ultra-small form factor computers and servers.

A freight ship carrying thousands of cars that burned for a week on the North Sea has been towed to a Dutch port for salvage

By Samuel Indyk and Rae Wee

KSB shares jumped nearly 13% on the NSE to hit their 52-week high of Rs 2,597.95 in Thursday's trade following a 32% year-on-year (YoY) jump in its consolidated June quarter net profit. The results triggered strong buying action on the counter with a combined volume of over 10 lakh shares on both the NSE and BSE. The company posted a profit after tax (PAT) of Rs 62.8 crore in the June 30 ended quarter versus Rs 47.4 crore posted in the year-ago period.

MRF Q1 Results: MRF announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on August 3, reporting a consolidated net profit of ₹588 crore, compared to ₹123.60 crore in the corresponding period last year.

Railway theme has been one of the most interesting and rewarding ones in recent times. While stocks like RVNL and RailTel witnessed quick gains recently, IRFC has been a shy one. This is expected to change in a big way." In the calendar year 2023, the stock has rallied 35%.

Thomas Edison's pioneering incandescent light bulb, which cast illumination by heating a filament until it glowed, is fading into history

Domestic benchmark index NSE Nifty fell 25.65 points to 19500.9, while the BSE Sensex traded 124.77 points down at 65658.01. On the other hand, Prakash Pipes, Integrated Personnel, Vertexplus Technolo, Jay Jalaram Tech and Man Infracons stocks hit their fresh 52-week highs today.

Benchmark NSE Nifty index fell 54.1 points to 19472.45 amid selling in frontline bluechip stocks. However, stocks such as BKM Industries, VIP Ind., SMVD Poly Pack, Jalan Transolutions and Bodhi Tree Multimed, touched their fresh 52-week low.

Gold prices languished near three-week lows on Thursday after a larger-than-expected increase in U.S. private payrolls in July fuelled bets on more monitory policy tightening and boosted the dollar and bond yields. FUNDAMENTALS * Spot gold was little changed at $1,935.20 per ounce by 0100 GMT, trading near its lowest level since July 12 hit in the previous session.