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Indian stocks rise after US inflation data breather
India's blue-chip stocks rose on Friday after logging losses for the past six sessions, after U.S. treasury yields retreated following weaker-than-expected inflation data, easing some rate-related worries. Key Points
ReutersPage Industries share price tanks 13% after Q4 net profit falls 59%; Should you buy, sell, hold?
Page Industries stock plunged 13% on Friday. The company’s shares have fallen over 12% in the past one month, and nearly 14% in the past one year. Key Points
FinancialexpressLok Sabha polls: Can BJP sneak past 60% vote share in Rajasthan?
Even some Congress loyalists don't see much of a future for the party. Booth level workers of the BJP, on the other hand, are a highly motivated lot. | Latest News India Key Points
Hindustan TimesFewer reasons for FPIs to be bullish in October
After all, fresh foreign purchases will be key to revival of the stock market that has slid in the past two weeks after hitting all-time highs in mid-September. But with the surge in global oil prices, US bonds yields and the dollar contributing to fresh risk aversion in emerging markets, including India, brokers and strategists say the mood of the foreign investors remains cautious. Key Points
Economic TimesGolden Globes Movie Predictions: Who will win? Who won’t
The 81st Golden Globe Awards will air in India on January 8 at 6:30 am exclusively on Lionsgate Play. Barbie and Oppenheimer dominate the movie nominations. | Hollywood Key Points
Hindustan Times
Bihar's Ara district runs out of woods for cremation as heatwave deaths rise
Bihar has been witnessing heatwave conditions for the past three weeks. The state's Disaster Management Department on Tuesday said nine people have died due to the severe heat in the past 48 hours. Key Points
India TodayD-St punishes Vi amid skepticism over fundraising
The telco has made several efforts to raise capital in the past. Its board had in September 2020 given approval to raise ₹25,000 crore including in equity, and the company had held talks with banks for debt funding. But these efforts have not been successful so far. Key Points
Economic TimesSpice of Life: A mirror to the past and reflection of the future
Over the years, this historic dressing table has worked overtime to groom all, including our relatives, on Christmas, weddings, and other family functions. Whenever I peer into it, I see my happy past being mirrored. When my son stands in front of it, I see a reflection of the future. Key Points
Hindustan TimesWe are very constructive on the entire real estate sector: Harish Bihani
So, regardless of what happened in the past month when people got a little worried about the impact on mid and smallcap due to some notification by the industry body or by a certain other notifications, I guess on average you have a decent medium term time horizon. Things are looking fine to us, we have enough ample opportunities to invest and we are looking for ideas all across. Key Points
Economic TimesSupply constraints are airlines’ Achilles heel
The number of domestic air passengers rose by a mere 1% year-on-year in February (adjusted for the extra day this leap year), the slowest growth in the past 24 months. But there are signs that this will pick up. Key Points
mint
India not to be swayed by US nod for cryptocurrencies: RBI Governor
Says the central bank will not emulate others on regulations. RBI Governor Shaktikanta Das on Thursday said India will not emulate others on the issue of... Key Points
The Tribune IndiaRamaswamy’s pointers can reset conservatism
The White House hopeful has a 10-point list of ‘truths’ that could help US Republicans pivot to post-identity politics. Ideology can evolve. This truth shouldn’t be lost on the Indian Right Key Points
mintWe've become language agnostic: PVR's Sanjeev Bijli on growing market of non-English films in India
Language is no longer a barrier when it comes to good content, says Sanjeev Kumar Bijli, Executive Director, PVR INOX Ltd, who has acquired Sundance Film Festival breakout past Lives for India release. Bijli said the commercial success of Japanese anime film Suzume inspired them to look beyond English titles and experiment with the kind of movies they want to distribute in India through PVR INOX Pictures, the motion picture arm of PVR INOX Limited. Key Points
Economic TimesMFI loan collections improve in October-December qtr
Portfolio at risk for 30 days past due bucket improved to 3.8% as on December 31 from 9.2% a year ago. Key Points
FinancialexpressAhilyabai Holkar, Nehru, USSR — ThePrint's PastForward tells us how we got here
'We're headbutting over history more and more now–not just in academia but in politics, social media, YouTube, and WhatsApp. It’s like history is on steroids,' says Rama Lakshmi, Editor, PastForward. Key Points
ThePrint
What is retroactive jealousy in a relationship? Signs and tips to deal with it
Retroactive jealousy refers to resentment about a partner's past relationships. It can strain a bond if not addressed. Here are signs and tips to deal with it. Key Points
Hindustan TimesNew study adds twist to Martian story: It could have been a cold, frigid world
Scientists have long debated whether Mars could have supported life billions of years ago. Central to this question is understanding the planet's past climate. Key Points
India TodayApple, Amazon, Tesla: Why shares of these global giants are falling
Shares of top companies like Apple, Amazon.com, Alphabet (Google parent), Microsoft Group, Meta Platforms, Tesla and Nvidia Corp – cumulatively known as the ‘Magnificent 7’ – have been falling for the past four sessions, marking their longest losing streak in a month. Key Points
India TodayPortugal should apologise, confront for its past role in slave trade, says president
Portugal should apologise and take responsibility for its past role in the transatlantic slave trade, said its president Marcelo Rebelo de Sousa. The European nation was a colonial power in Brazil, several countries in Africa and some parts of India. Key Points
India TodayForces approaching Naxal hidma stronghold
Retaliation by central forces came after moving towards Tekalgudem village, core area of wanted Naxal commander Madvi Hidma, elusive leader of PLGA. Hidma, most-wanted Maoist, carries reward of Rs 7 lakh, named in NIA charge sheet for attacks on security forces. Hidma provides money to OGWs for procuring material fraudulently. Security agencies investigating intelligence failure ahead of new FOB opening. Over 150 FOBs set up by CRPF and BSF in past 5 years, shrinking Naxal area. Key Points
Economic Times
WTA roundup: Jessica Pegula rallies in Adelaide
No. 2 seed Jessica Pegula rallied past fellow American Bernarda Pera 4-6, 6-2, 6-3 on Wednesday to reach the Adelaide International quarterfinals. | Tennis News Key Points
Hindustan TimesIn this kind of a market, it is always prudent to keep some amount of cash: Harsha Upadhyaya
“If you speak in terms of sectoral or sub-segment related valuation risks, probably defence, railways, all these areas have seen significant re-rating in recent times. Definitely from a medium to long-term perspective, there is a lot of growth and a lot of money to be made but one cannot extrapolate the kind of moves that we have seen in the past six or nine months.” Key Points
Economic TimesJason Mraz opens up about his self-acceptance journey
In an interview with GLAAD, the 46-year-old artist discussed the challenges and emotional complexities he faced while embracing his identity. Mraz, who was recently named to Out100, Out magazines compilation of influential LGBTQ+ people, emphasized the importance of healing past relationships while moving forward in his journey. Key Points
Economic Times‘The Artful Dodger’: Check out release date, storyline, cast, streaming platform of new Australian series
The Artful Dodger premieres on Hulu and Disney+ on November 29, 2023. This Australian series follows Jack Dawkins, a cunning pickpocket, in 1850s Port Victory, living a double life as a surgeon while confronting his criminal past. The cast includes Thomas Brodie-Sangster and Maia Mitchell. Key Points
Economic TimesHighest dividend-yielding small-cap shares in June; these 15 shares have paid up to 35% yields to shareholders
T.V. Today Network and Bhansali Engineering Polymers were the highest dividend yielding small-cap shares over the past twelve months, according to an Axis Securities report. Key Points
Financialexpress
Wipro shares end flat ahead of Q4 results announcement; Board to consider share buyback proposal today
Wipro shares have risen nearly 4% in the past one month while they have fallen 28% in the past one year. The stock touched a 52-week high of Rs 537.75 on 26 April 2022 and a 52-week low of Rs 352 on 17 April 2023. Key Points
FinancialexpressExplained: Why did Sensex, Nifty hit record high today
The S&P BSE Sensex hit an all-time high of 82129.49 in early trade while the NSE Nifty50 went past the 25,000 mark to hit 25,078.30. Key Points
India TodayThe experience turn: A good news and a bad news for Indian retailers
India's consumer landscape is shifting towards discretionary items and durables. A joint study by BCG and RAI reveals a projected $2 trillion retail market in next 10 years, positioning India as a bright spot among global economies with strong GDP growth and robust private consumption. Key Points
Economic TimesNifty may cross 22,500 in 12 months, says Prabhudas Lilladher; picks Hindalco, 3 more stocks as conviction
Nifty is trading at a 17.2% discount to the 10-year average which provides comfort to Prabhudas who believes that the headline index is not trading in a bubble zone. The 50-stock index has remained flattish in the past 6 weeks and given just 1.6% return in the quarter gone by, riding on inflows of the domestic institutional investors (DIIs) even as the foreign institutional investors (FIIs) preferred selling the domestic equities, the note said. Key Points
Economic TimesCapital One beats profit estimates on interest income boost
Capital One Financial (COF.N) on Thursday sailed past estimates for third-quarter profit as the consumer lender charged higher interest rates on loans, sending its shares up more than 4% in extended trading. Key Points
Reuters
Krejcikova and Ostapenko advance to Birmingham Classic semifinals
Krejcikova eased past fellow Czech Linda Fruhvirtova 6-3, 6-2. The 2021 French Open champion never faced a break point. | Tennis News Key Points
Hindustan TimesAdani Ports share price tanks over 1% despite 5% jump in Q4 net profit; Should you buy, sell, hold Adani Ports?
Adani Ports stock has surged 6.6% in the past one month and has fallen over 17% in the last 6 months. The company’s board declared a dividend of Rs 5 (250%) per equity share for FY23. Key Points
FinancialexpressAre largecaps a better option during a volatile earnings season? 5 stocks with potential to rise up to 36%
On the list is India’s largest private sector company, which a large number of times in the past has led the turnaround of markets. An insurance major which after many attempts to find a suitor has finally settled. These companies have come on the list because their scores have inched up and also their prices have moved up in the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters. Key Points
Economic TimesRetailers hit pause as small towns slow down
Sales of lifestyle, apparel and discretionary products moderated for the second consecutive month to 6% in April due to a high base a year ago. While retail sales grew in strong double digits consistently over the past year, the growth slowed down to 6% in both March and April, according to the Retailers Association of India (RAI), indicating slowest sales expansion in more than 14 months. Key Points
Economic TimesSharekhan list of stocks to buy: Bajaj Finance, Maruti Suzuki, Tata Consumer; check target prices, key risks
Maruti Suzuki shares have risen 4.6% in the last one month and 9% in the last one year. Bajaj Finance shares have jumped 13.5% in the past one month while they have fallen nearly 7% in the last on year. Tata Consumer Products shares have surged nearly 10% in the past one month while they have fallen 6% in the last one year. Key Points
Financialexpress