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Meta unveils Quest 3 mixed reality headset ahead of Apple's VR debut

Priced starting at $499, Quest 3 to be 40% thinner than Meta’s previous headset and feature colour mixed reality




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JioBook 4G set to launch on July 31 in India; details here

JioBook comes with always-on 4G connectivity




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Wearables device segment sees slower growth in March quarter but players remain bullish on outlook

As per estimates released by IDC, India’s smart wearable device market grew by merely 2.1 per cent in March quarter




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Lisette Model / preface by Berenice Abbott ; design by Marvin Israel

New York, N.Y. : Aperture Foundation, [2007]




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Booming offshore Rupee bond market set for record year of supply

The rupee fell in the wake of the US election but held up better than most other Asian currencies, which were hit by a dollar rally




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Markets open flat as Fed rate cut, Trump victory stir global sentiment 

Technology stocks led the gains in early trade, with Infosys rising 1.60 per cent, followed by Apollo Hospitals, Hindalco, Wipro, and Tech Mahindra




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Niva Bupa Health Insurance IPO sees tepid response on day 2 

The retail portion of the IPO emerged as the only fully subscribed category, receiving 1.02 times the shares reserved for retail individual investors (RIIs)




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Reliance Industries loses $50 billion on earnings dismay

The bulk of the recent drop in Reliance’s shares follows disappointing results last month




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ACME Solar IPO sees mixed response, retail portion subscribed 2.4x 




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SAMHI Hotels signs lease for 175-room luxury hotel in Hyderabad’s tech hub 




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Urgent need for climate services to mitigate intensifying climate threats, says World Meteorological Organization

World Meteorological Organization says big gaps exist and investments lag far behind




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Sensex dips 55 points; Nifty closes below key support amid sectoral divergence

Sector performance was varied, with IT stocks gaining momentum while realty and energy sectors faced pressure




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NSE awaiting NoC from SEBI before filing draft prospectus for IPO

Aims to strengthen commodities segment, predicts market cap to double in 10 years




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ACME Solar IPO oversubscribed, strong response from QIBs and retail investors

Reflects investor confidence in renewable energy sector; significant listing gains seen




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FPIs sell ₹19,994 crore in Indian equities in 6 trading sessions

For the first time this calendar year, FPI net investments turned negative with net outgo between January 1 to November 8 at ₹13,401 crore, data with depositories showed




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NSEL Investors Forum proposes ₹1,950-crore settlement plan

Investors will vote on the one-time settlement plan on Monday




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SEBI to expand ambit of unpublished price sensitive information

The proposed changes to SEBI's definition of UPSI are aimed at increasing regulatory clarity and consistency




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Ural shipments to India rise 10% in October as refinery maintenance spares more barrels

According to energy intelligence firm Vortexa, India’s crude oil imports from Russia were largely flat on a monthly and annual basis at 1.45 million barrels per day (mb/d) in October 2024, according to energy intelligence firm Vortexa




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Share Market Highlights November 11, 2024: Sensex, Nifty close flat amid unabated foreign fund outflows, muted earnings

Sensex, Nifty updates on November 11, 2024: Benchmark stock indices Sensex and Nifty closed flat in highly volatile trade on Monday as continuous FII selling, disappointing quarterly earnings and weak trends from Asian markets dented investor sentiment. After gyrating between highs and lows, benchmark Sensex eked out gains of 9.83 points or 0.01 per cent to settle at 79,496.15. The barometer gyrated 1,100.8 points between the day’s high of 80,102.14 and a low of 79,001.34. The NSE Nifty dipped marginally by 6.90 points or 0.03 per cent to 24,141.30. From the 30-share Sensex pack, Asian Paints tumbled over 8 per cent after the company on Saturday reported a 43.71 per cent decline in consolidated net profit to Rs 693.66 crore for the September quarter, impacted by soft-demand conditions, material price inflation and a decline in decorative and coatings business in the domestic market. Tata Steel, Bajaj Finance, Mahindra & Mahindra, JSW Steel, NTPC, Adani Ports, Bajaj Finserv and Larsen & Toubro were also among the laggards. However, Power Grid, HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services and ICICI Bank were among the gainers.




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Asian Paints Share Price Highlights November 11, 2024: Asian Paints stock closes 8% lower post Q2 results

Asian Paints Stock, Asian Paints Share Price Updates November 11, 2024: Shares of Asian Paints in focus 




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Hindalco expected to report 65% rise in Q2 profit on lower cost

The Aditya Birla Group company expects to report a net profit of ₹3,625 crore in Q2 against ₹2,196 crore last year in the same quarter




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The fear that rupee will depreciate sharply post Trump 2.0 is unfounded: SBI Research

While the report acknowledged that Trump’s victory introduces a mix of challenges, it also presents long term incentives to expand its manufacturing, diversify export markets, and enhance economic self-reliance




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Markets reverse early losses, Power Grid leads gains while Asian Paints tumbles

The market recovery came despite a weak opening influenced by China’s stimulus concerns and continued foreign investor selling




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HFCL consortium wins ₹8,100 crore BharatNet phase III bids 

The shares of HFCL Limited were trading at ₹128.89 up by ₹2.10 or 1.66 per cent on the NSE today at 1.40 pm




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Mastek ranks in ISG’s Top 15 Global Tech Services Providers for Q3 2024

The achievement comes as Mastek expands its AI capabilities, recently launching iConnix, a GenAI portfolio featuring over 120 AI assets and 4 AI platforms




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Sensex, Nifty close flat amid unabated foreign fund outflows, muted earnings

The NSE Nifty dipped marginally by 6.90 points or 0.03 per cent to 24,141.30




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BSE, NSE end flat after volatile session; Asian Paints tanks 8% post earnings 

The indices recovered from early losses but failed to maintain momentum through the session




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Broker’s call: Divi’s Lab (Sell)

Elara Securities




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Shriram AMC launches multi sector rotation fund

The multi-sector rotation fund will rotate investment across trending sectors




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MF equity assets drop even as inflows remain strong

AUM hit by mark-to-market loss, inflows touch ₹Rs 41,887 cr




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Stock Market highlights: Sensex slides 820 points to 78,675, Nifty settles 257 points lower at 23,883

Sensex, Nifty, Share Prices: The benchmark indices Sensex and Nifty, which traded on a weak note on Tuesday, settled 1 per cent lower for the day. Sensex closed at 78,675.18, lower by 820.97 points or 1.03 per cent, and Nifty 50 ended at 23,883.45, down by 257.85 points or 1.07 per cent. Barring the Nifty IT and Realty indices, all the sectoral indices are in red and led by bank stocks. As the Q2 earnings season concludes, analysts anticipate fund flows influencing market direction amid ongoing volatility. Gaurav Garg of Lemonn Markets Desk suggests that traders adopt hedged strategies focusing on selective stocks. Large-cap stocks are expected to perform relatively better as valuation pressures mount on the broader market. DSP Mutual Fund highlighted that mid-cap and small-cap indices have reached peak valuations, while large-cap stocks show signs of outperformance. Continued foreign portfolio outflows add to market volatility, but Pantomath Group’s ‘Market Kaleidoscope’ report points to India’s infrastructure push and rising private investment as economic stabilisers. Globally, Asian markets opened mixed, with gains in China and Japan offset by weaker Taiwanese and Korean indices.




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Stocks that will see action today: November 12, 2024

Buzzing stocks: Max Healthcare, HFCL, Welspun, PowerGrid, Waaree Renewable, Ambuja Cements, Hyundai, Samvardhana, GIC, BSE, FSN e-Commerce, 3m India, Suven Pharma, eIH, RPower, Sundaram-Clayton




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Domestic markets likely to open flat amid mixed global cues; analysts eye fund flows post earnings season

A report from DSP Mutual Fund indicates a shift favouring large-cap stocks over small and mid-caps, as the latter reach high valuation levels




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Hindalco, Ramco Cements, Sagility India Share Price Highlights November 12, 2024: Ramco Cements stock closes 5% higher, Sagility stock declines 6% on day one of listing

Hindalco, ONGC, Ramco Cements & Ambuja Cements Share Price Highlights; Sagility IPO Listing November 12, 2024




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Rupee falls 2 paise to all-time low of 84.40 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 84.39 against the greenback, then fell further to an all-time low of 84.40, registering a fall of 2 paise over its previous close




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Rosmerta Digital Services IPO to open on Nov 18; eyes ₹206 cr




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Servotech Power Systems secures 2 MW on-grid solar project from UP govt




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Sensex, Nifty drop 1% on sustained foreign fund outflows, weak global trends

Sun Pharma, Infosys and ICICI Bank were the top gainers on the Sensex




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Stocks that will see action today: November 13, 2024

Buzzing stocks: United Spirits, Tata Chemicals, MTNL, Aurobindo Pharma, LCC Infotech, Tata Power, Federal Bank, EMS, Eicher Motors, Apollo Tyres, Allcargo Terminals, Vodafone Idea, Happiest Minds, Brigade, ESAF Small Finance Bank, NBCC, Kalyan Jewellers, Garden Reach, Unichem Lab, Dredging Corp, AstraZeneca Pharma. Prism Johnson, PI Industries, Shilpa Medicare, Thermax and Thomas Cook




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Kolkata doctor rape and murder: Junior doctors’ hunger strike enters 10th day; another protesting medic hospitalised

“A medical staff is in the CCU and his parameters have deteriorated. We have formed a medical board to treat him,” a senior doctor of the NRS Medical College and Hospital told




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After inconclusive talks, Bengal Chief Secretary urges doctors to call off fast-unto-death

With junior doctors insisting to continue with their hunger strike till all their demands are met the stalemate is likely to continue. So far five doctors who began hunger strike on October 5 for a ten-point demand have been hospitalised after their health condition deteriorated




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Kolkata rape-murder case highlights | SC asks WB govt. to furnish details on how civic police volunteers are hired

The top court remarked that the recruitment of civic police volunteers serves as a means of “granting political patronage”




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Kolkata witnesses citizens protest carnival alongside Durga puja carnival

The Calcutta High Court had set aside the prohibitory orders imposed by Kolkata Police and pointed out that there was sufficient distance between the two venues where - Droher Carnival at Rani Rashmoni Avenue and Durga Puja immersion carnival at Red Road - were being organised




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Kolkatan who returns to Durga Puja after 20 years: ‘Crowds still there but no bonding, people are alone clicking selfies’

According to Arpita Mandal, the City of Joy, now that she’s two decades older, is today less suitable for pandal-hopping, due to the massive crowds, and more suitable for cafe-hopping, with plenty of eateries mushrooming even in residential neighbourhoods




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Watch: Kolkata rape-murder case: SC questions civic police volunteer scheme, calls it political patronage

What transpired during the proceedings? What were the directions issued by the top court?




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R.G. Kar case: Victim’s parents praise Supreme Court’s intervention on civic volunteers

On October 15, the top court raised questions about the role, hiring process, and authority of the civic volunteers in West Bengal; prime accused Sanjay Roy was a civic volunteer




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Prime accused behind woman’s death in West Bengal’s Krishnanagar taken into seven-day police custody, SIT formed

The accused youth was arrested today based on a complaint filed by the victim’s family; he was allegedly in a relationship with the deceased victim




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West Bengal-based buyers show shift towards solar, AI-powered technologies, says Amazon India

An analysis of buyer trends of this year’s Amazon Great Indian Festival sale so far has revealed an affinity of Bengal-based buyers towards renewable and artificial intelligence appliances like solar panels, single-equipment home gyms, robotic vacuum cleaners




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R.G. Kar victim’s parents accuse Trinamool Congress leader of hurrying cremation 

R.G. Kar victim’s parents said that they had gone to Tala Police Station to tell the police that they did not want their daughter’s body to be cremated that night




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Uncertainty looms over Kolkata’s horse-drawn carriages

The fate of the British-era mode of transport is hanging in the balance with animal rights activists pushing for a ban, alleging mistreatment of horses, and historians seeking preservation of the tradition. The High Court has urged the West Bengal government to provide alternative livelihoods as owners, drivers struggle to survive amid poor demand