Twitter down for several users, netizens claim unable to refresh feeds
“Welcome to Twitter! This is the best place to see what’s happening in your world. Find some people and topics to follow now”, the message was showing for some users who tried to access their feeds. Key Points
Hindustan TimesUS dollar gains as strong economic data could reduce rate cuts this year
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar advanced on Thursday, boosted by data showing hotter-than-expected producer prices last month and fewer people seeking unemployment Key Points
ThePrintReady for re-rating once again? 4 stocks from textile sector with upside potential of up to 24%
In past 3 years, a host of sectors have been making a comeback. There are two kinds of comebacks, first is in terms of macro structure of the business witnessing an improvement and hence the bottomline showing an improvement and second is in the stock price performance. Both are very different and that's the most important needed to be taken into account. In last 8-9 years, there has been a policy-level effort to revive sectors like textiles for two reasons. First, it is a labor-intensive sector and impacts a large number of people. Second, there was an opportunity to cut imports and push exports. All the policy efforts were having a moderate impact but then came Covid and China plus one came into the picture, changing the whole picture externally. Internally, help came in the form of the PLI scheme which helped some companies reduce cost of capital and resources for expanding. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum. Key Points
Economic TimesWipro Q3 Results: PAT down 12% YoY to ₹2,694 crore, revenue drops 4.4% YoY. All you need to know
The revenues of Wipro came in at ₹22,205 crore in Q3, indicating a 4.4% decrease compared to the revenue of ₹23,229 crore reported in the corresponding period last year. Sequentially, revenue also saw a 1.4% drop. Key Points
mintStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 34%
After the last few weeks of correction, the broader market indices like nifty and sensex have been showing signs that bears will have to wait before they can make any serious attempt to control the street. However, recent RBI changes have impacted sectors like banks and financial services and if one looks at the overall composition of every index, when this sector gets impacted everything else gets impacted. That is probably the reason why indexes are moving in range bound mode today. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic Times
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 38%
After the last few weeks of correction, the broader market indices like nifty and sensex have been showing signs that bears will have to wait before they can make any serious attempt to control the street. Even the Samvat 2080 started with a bullish gap up opening in Sunday's special trading session. though it needs to be seen whether there is follow up in coming days. Being a truncated week of trading, volumes are likely to be low. So be cautious rather than being overtly bullish. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic TimesHimachal Pradesh: Manglad-Bagvat Road closed after massive landslide
A video clip of the incident went viral showing boulders falling off a mountain into the valley, with locals recording the footage live on their mobile phones on Sunday. Manglad-Bagvat road was closed after a landslide in the Kinnu area of Rampur subdivision in Shimla district yesterday, a police officer said. Key Points
Economic TimesDream11 secures BCCI lead sponsor rights for Rs 358 crore
Fantasy gaming platform Dream11 on Friday won the Board of Control for Cricket in India (BCCI)'s lead sponsor rights for Rs 358 crore. As per reports, Dream11 emerged as the sole serious contender in the race, with only two companies showing interest by picking up the tender document. Key Points
Economic TimesWoman works on laptop while riding scooter, sparks chatter
A picture showing a woman from Bengaluru working while sitting behind a scooter has taken the internet by storm. it has sparked a chatter on corporate culture. | Trending Key Points
Hindustan Times5 mid and smallcap cement stocks which can deliver over 16% returns, according to analysts
While large cement companies might be in the news for one or the other reason, it is the small and midcaps which have been showing better than expected performance in Q4. Some of them tend to get ignored because they are regional companies or their overall capacity is not very high. However, from the stock market perspective one has to look at the overall picture. We take a look at what analysts are saying across mid and small cap cement companies. 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 Times
Post on different skin tone Band-Aids divides Twitter
Harsh Goenka shared an image showing different skin tone Band-Aids. His post has sparked a debate among netizens about the product's necessity. | Trending Key Points
Hindustan TimesIndia recall Ajinkya Rahane for World Test final against Australia
Indian selectors named a 15-man squad led by skipper Rohit Sharma for the title clash at The Oval on June 7-11. Batsman Rahane, who last played a Test in January 2022, makes a comeback after an excellent showing in the IPL where he hit a match-winning 71 not out off 29 balls for Chennai Super Kings on Sunday. Key Points
Economic TimesOil extends drop as US slowdown concerns eclipse stockpile draw
In Asia, meanwhile, gasoline markets are showing signs of weakness as profits from producing the fuel slump. Diesel is also lagging, with some refiners considering cuts to processing as margins decline. That’s weighing on prices of crude grades. Key Points
FinancialexpressAllu Arjun’s birthday gift to his fans is fiery return as Pushpa, sets up the premise of Pushpa The Rule. Watch
Pushpa is alive and ready to rule. Allu Arjun will reprise his famous role in the sequel of his pan-India blockbuster film, Pushpa: The Rise. Key Points
The Indian ExpressPentagon chief makes unannounced trip to Iraq as 20th invasion anniversary nears
U.S. Defense Secretary Lloyd Austin made an unannounced trip to Iraq on Tuesday, in a visit that an official said was aimed at showing that Washington was committed to keeping its military presence there nearly 20 years after the U.S.-led invasion toppled Saddam Hussein. | World News Key Points
Hindustan Times