Latest Stock Market News

In four separate notifications, the Central Board of Direct Taxes (CBDT) specified that AIAHL will not be considered as ‘buyer’ in case of transfer of goods by Air India as part of the plan, and that Air India will not be considered as ‘seller’ during transfer of goods by it to AIAHL.

Reliance Jio has officially delayed the launch of its affordable smartphone, JioPhone Next, which was developed in partnership with Google, owing to the ongoing semiconductor shortage globally. The phone will now be available "more widely" around the Diwali festive season instead of September 10.

The venture funds have bought out the stake held by Emerald Media (an investment platform backed by KKR) and Mayfield Fund. Nadathur Holdings continues as an existing investor in Amagi.

Kovner mastered the art of controlling his emotions while investing and advised others to trade like machines and not let emotions get the better of them. He felt that acting robotic was a bad quality in most disciplines, but believed non-human tendencies were apt in a field where profit could be earned from being emotionless.

Nifty is likely to see a positive start to the coming week, but the 17,480 and 17,595 levels may act as the potential resistance points at higher levels. Supports on the lower side can come in at 17,200 level followed by 17,120. The trading range is expected to remain wider than usual.

The 11-year-old company is considering a market debut through a direct listing or initial public offering (IPO), the people said, asking not to be identified because the information was private. Its plans including the timing could still change, the people said.

The effective import duty including cess and other charges would be reduced to 24.75% for crude palm, soya and sunflower oils, down from 30.25%. For refined palm and soya oil, the duty has been reduced to 35.75% from 41.25% earlier.

Stablecoins have thrived in the unregulated shadows, with tokens in circulation now worth more than $120 billion, according to CoinMarketCap.com. And they are increasingly being used for transactions that resemble traditional financial products -- like bank savings accounts -- without offering anywhere near the same level of consumer protections.

Big rallies are a thing of the past. The S&P 500 has gone 34 days without rising 1% in any of them, the longest in 20 months. And the pool of companies feeling significant price pressure keeps expanding. More than half the index’s members have suffered peak-to-trough declines of at least 10% since May, data compiled by Morgan Stanley show.

Whether pent-up or no pent-up, demand is demand, and the macros are playing a big role in driving enquiries. Lower mortgage rates and increased affordability are acting as a catalyst for NBFCs and banks, which are seeing strong demand for loans, particularly in the housing segment.