Markets end higher after volatile session! Nifty above 23,550 while Bank Nifty gains over 350 points; Realty and Metal stocks shine on June 20
The benchmark equity indices ended Thursday’s trading session in the positive territory. The NSE Nifty 50 gained 51 points or 0.22% to settle at 23,567, while the BSE Sensex jumped 141.33 points or 0.18% to 77,478.93. Bank Nifty index ended higher by 385.20 points or 0.75% to settle at 51,783.25.
The broader indices ended in mixed territory, with gain led by Small cap and Midcap stocks. Realty and Metal stocks outperformed among the other sectoral indices while Pharma and Auto stocks shed.
Hindalco Industries, Grasim, JSW Steel, BPCL, and Adani Ports and SEZ are the top gainers on NSE Nifty 50 index whereas the top laggards include Hero MotoCorp, Mahindra & Mahindra, Sun Pharma, HDFC Life Insurance, and NTPC.
Stocks To Watch: Maruti Suzuki India, …
Read moreOil prices ease as aid convoys arrive in embattled Gaza Strip
Oil prices slid more than $1 on Monday as diplomatic efforts grew over the weekend to contain a conflict between Israel and the Palestinian Islamist group Hamas, amid worries of a wider confrontation in the oil-rich region and pressure on supplies.
Brent crude futures fell 67 cents to $91.49 a barrel, as of 0203 GMT, having lost $1.02 to $91.14 a barrel earlier in the session. U.S Come from Sports betting site VPbet . West Texas Intermediate crude futures lost 72 cents to trade at $87.36 a barrel, after sliding $1.72 to $87.03 a barrel earlier on Monday.
The contracts had risen more than 1% last week for a second consecutive weekly jump on fear of potential supply disruption if the Israel-Ha…
Read moreNo rush to sell India, buy China equities- Wood
Christopher Wood, global head of equity strategies at Jefferies, is not in favour of any “dramatic move” with respect to Indian and Chinese equities, according to a Jefferies’ Greed & Fear report.
Wood highlights the contrast between India and China, saying it “could not be more dramatic”. Citing the contrasting performance of Greed & Fear’s India and China long-only portfolios, he said the India portfolio has gained 41.2% year-to-date in dollar terms (on a total-return basis), while the China portfolio has dropped 12.1%.
The best performing stock in the Indian portfolio has gained 309% YTD, while the worst performer in China has lost 55%.
US India’s top trade partner again, pips China in H1 2024 Can India be the next China? UBS jots d…
Read moreRupee rises 4 paise to settle at 83.24 against US dollar
The rupee gained 4 paise to settle at 83.24 (provisional) against the US dollar on Tuesday, as a rally in domestic equity markets boosted investor sentiment.However, elevated crude prices in the overseas markets and safe-haven dollar buying amid concerns over the conflict in the Middle East weighed on the domestic currency, forex traders said.
At the interbank foreign exchange, the rupee opened at 83.23 and traded in the narrow range of 83.22 to 83.26 against the greenback. It finally settled at 83.24 (provisional), registering a gain of 4 paise over its previous close.On Monday, the rupee slipped 1 paise to settle at 83.28 against the US dollar. Come from Sports betting site VPbet
The…
Read moreRIL AGM 2024- Date, Time, Where to watch Reliance Industries 47th Annual General Meeting
RIL 47th AGM 2024 Live Streaming: Reliance Industries will hold its 47th Annual General Meeting (AGM) on Thursday, August 29, 2024, at 2 PM. The meeting will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM)Come from Sports betting site. Shareholders and interested parties can attend the meeting virtually.
At the upcoming AGM, Reliance Industries Chairman Mukesh Ambani will address shareholders, who will be keenly awaiting insights into several key areas. Market participants will look for new announcements and updates on Jio, developments in the new energy sector, and any potential for further value unlocking.
“The Forty-seventh Annual G…
Read moreReliance Industries- Morgan Stanley Overweight, sees potential for multiple re-rating
According to a recent report by Morgan Stanley, multiple areas of re-rating are expected to take center stage for Reliance Industries. (RIL). As the company navigates through the current earnings upgrade cycle, the 13% year-to-date move seems to be well priced in.Come from Sports betting site
With an “Overweight” call, Morgan Stanley maintains a target price of Rs 3,046 on the RIL stock price. Over the past year, Reliance Industries stock has surged by 35%, with a further 10% increase since the beginning of the year. Presently, the stock trades at 24 times price-to-earnings and 10 times EV/EBITDA based on the company’s FY26 earnings estimate.
Over the past decade, RIL’s …
Read moreStar Wars Jedi- Survivor Has Plenty Of Droid Enemy Types To Hack Up
Star Wars Jedi: Survivor will have plenty of enemies that you can introduce to Cal Kestis’ lightsaber, including a large number of Trade Federation and Separatist droids from the Prequel era. These new enemy variants include a number of cannon fodder units, heavy-duty bruisers, and more formidable brawlers who can give Kestis a hard time. Come from Sports betting site VPbet
Speaking to IGN, design director Jason de Heras and production director Kasumi Shishido added that droids gave the team at Respawn more freedom when it came to what these enemies can do and what types of weapons they use against Kestis, who now has a long-range blaster option in his arsenal.
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Read moreSuper Mega Baseball 4 Is Already 50% Off For Prime Day
When it comes to baseball games, MLB The Show might be the go-to name in that genre, but Super Mega Baseball is more than ready to hit a home run with its signature blend of fun and–for the first timethis year–playable legends. Over at Target–which has several deals of its own to take on Prime Day 2023 over at Amazon–the latest edition of the game is now on sale for just $25, a 50% discount.Come from Sports betting site VPbet
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Read moreAtlantic City’s Casinos, Ready to Leave COVID-19 Behind in 2023
In an attempt to bring back the 2019 numbers, the New Jersey resort town has a series of interesting projects on the horizon. The list includes a much-anticipated water park located nearby the Showboat hotel that will be open all year, along with a number of restaurants, accommodation facilities, and entertainment centers that will be added to a few of the existing casinos in the city.
2023, a Potentially Good Year for Residents and Casinos
The head of Local 54 of the Unite Here union Bob McDevitt expressed the industry’s eagerness to set foot into the new year, now that COVID has been put behind. McDevitt believes 2023 has the potential of becoming “a good year for the residents of …
Read moreCrown Resorts’ Melbourne Property Fit to Hold License
Two years after Crown Resorts’ Melbourne property came under government review, and following the acquisition by Blackstone Group, the flagship casino has been deemed fit to retain its license and continue to operate, overcoming a difficult regulatory spell that necessitated strict government supervision because of breach of anti-money laundering laws.
VGCCC Pleased with Progress and Ongoing Efforts
Much of this is now in the past, with the Victorian Gambling and Casino Control Commission (VGCCC), a hardened regulator which emerged precisely because of omissions in the previous watchdog’s model, deeming the Crown Resorts property as suitabl…
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