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United Spirits shares up 0.2% as Sensex rises

Updated at : 2023-08-04 13:20:01

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A total of 15,338 shares changed hands on the counter till 12:33PM (IST)

"There has been intermittent connectivity error again today, and it has shut down at the same time like yesterday," said a trader with a state-run bank, who did not want to be named as he is not authorised to speak to media.

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Promoters held 62.55 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 12.62 per cent and 7.15 per cent, respectively.

Between March and July, FPIs have been net buyers of Indian equities in each of the five months, purchasing shares worth 1,553.08 billion rupees and triggering a 14.15% rise in Nifty 50 index.

The company and its rival Binance were sued by the U.S. Securities and Exchange Commission in June. It alleged that Coinbase traded at least 13 crypto assets that are securities without registering them with the regulator.

New York couple plead guilty to bitcoin laundering

Updated at : 2023-08-04 12:20:02

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In total, the couple admitted to laundering conspiracies arising from the theft of approximately 120,000 bitcoin from Bitfinex, a global cryptocurrency exchange.

"We need to monitor the IT sector todecide as to when we want to buy into it. Right now, I do not think it is the time to buy into this sector. We could see that next quarter when these companies talk about their guidance, there could be further cuts."

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Orient Cement, incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 2965.48 Crore) operating in Cement sector.

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As of 30-Jun-2023, promoters held 59.39 per cent stake in the company, while FIIs held 24.96 per cent and domestic institutional investors had 3.29 per cent.

Analysts believe that the impressive rally in the secondary market has helped boost sentiment of the IPO market. Against a backdrop of global uncertainty and volatility the Indian stock market has come through as domestic indices, BSE Sensex and Nifty50, have jumped 8.76% and 8.55% year-to-date (YTD), respectively.

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