IPA Staff

 

11843 stories by IPA Staff

Nifty may hit 15,000, if it holds 14,700; Bank Nifty looks positive on charts; buy TCS, Wipro, among others

The chart pattern suggests that if Banknifty crosses and sustains above 32800 level it would witness buying which would lead the index towards 33200-33600 levels. (Image: REUTERS) By Rajesh Palviya Markets are keeping a very close watch on the ongoing health crisis w.r.t second wave of covid across all...

in Markets
May 3 · >

In a First Since 2001, 11 Women MLAs Elected to Kerala Assembly, UDF Has Lone Representative

For the first time since 2001, there will be double digit representation of women MLAs in the Kerala Assembly as 11 of them have been elected to the 140 member house in the April 6 polls. A total of 103 women contested in the elections, but only 11 made...

May 3 · >

Rakesh Jhunjhunwala’s favorite stock Titan top Sensex loser, falls for 3rd straight day post Q4 results

Ace investor Rakesh Jhunjhunwala reduced his stake to 3.52 crore shares or 3.97 per cent, at the end of March quarter Titan Company share price fell over 5 per cent to Rs 1,416.60 apiece in intraday deals on BSE on Monday. Rakesh Jhunjhunwala’s favorite Titan stock price traded in...

in Markets
May 3 · >

Wishes Pour in as BJP Candidate Chandana Bauri, Wife of Mason, Wins in Bengal’s Saltora

BJP candidate Chandana Bauri was hailed by netizens after winning the assembly election from the Saltora constituency in West Bengal. The wife of a daily wage earner won by a large margin of 4,000 votes by defeating Sontosh Kumar Mondal of Trinamool Congress. The 30-year old’s victory was celebrated...

May 3 · >

Looking For a Guaranteed Regular Return After Retirement? Check this New Pension Plan

If you are looking to invest in a retirement fund for an assured regular return, you may consider this new Saral Pension Plan. The regulator has asked the insurers to offer a single premium, non-linked, non-participating immediate annuity plan, starting from April 1. The pension plan offers a guaranteed return that does...

May 3 · >

Sensex, Nifty stage strong intra-day recovery to end flat; here’s what experts make of today’s trade

Dalal Street made an intra-day recovery after having opened deep in the red. (Image: REUTERS) Equity benchmark indices closed mixed on Monday. S&P BSE Sensex ended 63 points lower at 48,718 points while the 50-stock NSE Nifty index gained 3 points and closed at 14,634. Dalal Street made an...

in Markets
May 3 · >

Net Profit Rises 33% to Rs 1,682.4 Crore, NII Improves

Kotak Mahindra Bank reported a 33% year-on-year increase in standalone profit to Rs 1,682.4 crore in the quarter ended March 2021. The lender clocked 8% year-on-year rise in net interest income to Rs. 3,843 crore for the quarter. Net Interest Margin (NIM) for Q4FY21 was at 4.39%. Operating profit for...

May 3 · >

Warren Buffett accepts selling Apple shares, despite Charlie Munger’s disapproval, was a mistake

Ace investor Warren Buffett admitted that selling shares of Apple was probably a mistake. (Image: REUTERS) Ace investor Warren Buffett admitted that selling shares of Apple was probably a mistake on his part. The billionaire investors said that he sold shares of the iPhone manufacturer despite the fact that...

in Markets
May 3 · >

How Prashant Kishor And Abhishek Banerjee Teamed Up To Boost TMC

In 2019, just after the Lok Sabha elections, I was among a group of journalists waiting outside the Trinamool Congress (TMC) Bhavan in Kolkata. I caught a glimpse of a black car that went inside and its occupant. I had first seen Prashant Kishor back in 2015, when he...

May 3 · >

Delisted Chemplast Sanmar files IPO papers with SEBI; plans to launch Rs 3,500 crore public issue

Upon successful listing, Chemplast Sanmar will join the likes of PI Industries, SRF Ltd, Finolex Industries and Navin Fluorine International Ltd. Image: sanmargroup.com Chemplast Sanmar, which was delisted nearly a decade ago, filed a Draft Red Herring Prospectus (DRHP) with the capital markets regulator SEBI to raise Rs 3,500...

in Markets
May 3 · >

BJP Candidate Blames ‘Sabotage’ for Defeat in Damoh Bypoll, Truth Has Prevailed, Claims Congress

A year after losing power in Madhya Pradesh, the Damoh by-poll win seems to have bolstered the sagging spirits of the Congress party in Madhya Pradesh while the BJP has openly blamed internal sabotage for the loss. BJP’s Rahul Lodhi a Congress party turncoat has been defeated by Congress...

May 3 · >

CII Calls for Strongest National Steps, Curbs on Economic Activity

New Delhi: Industry body CII has urged the government to take “strongest” national steps including curtailing economic activity to contain the spike in COVID-19 cases in the country. CII President Uday Kotak has asked for highest-level response measures to address the rising wave of COVID-19 cases, as currently safeguarding...

May 3 · >

Petrol and Diesel Price Today in India: Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad and More Cities

Today is the eighteenth consecutive day of unchanged duel price. (Image: REUTERS) Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel have now remained the same for eighteen consecutive days. Fuel prices were last cut on April 15. Today, the Petrol price...

in Markets
May 3 · >

Twitter Erupts Against Oppn Leaders for Not Congratulating BJP for Assam Victory

A day after Bharatiya Janata Party (BJP) won state assembly elections in Assam, party supporters in huge numbers complained on Twitter that none of the opposition leaders congratulated the saffron party. Twitteratis said BJP leaders had called up every winning party chief to extend their good wishes. “As a...

May 3 · >

Nifty again headed towards all-time high; charts show midcap, smallcap indices may beat benchmarks

Nifty could be headed towards 15,400 levels in the coming months. Nifty 50 may be again headed towards its lifetime high of 15,430 in the coming months, having held a key support level during the last few weeks’ correction, ICICI Direct said in a recent note. The benchmark NSE...

in Markets
May 3 · >

Congress Lost Deposits in Both Bengal Seats Where Rahul Held Rallies, 3rd Front in 85% seats

The decimation of the Third Front in West Bengal reflects in the fact that its candidates lost deposits in 85% of the constituencies it fought and the Congress in both seats where senior party leader Rahul Gandhi held rallies. An analysis of the election results by News18 shows that Third Front...

May 3 · >

Historic Mistake to Re-elect ‘Cruel Lady’, Tweets Babul Supriyo, Deletes Post Later

File photo of Union Minister Babul Supriyo. (PTI) Babul Supriyo on Sunday said he cannot say that he respects the people’s verdict in a tweet. After BJP’s defeat in West Bengal, a displeased Babul Supriyo on Sunday said he cannot say that he respects the people’s verdict in a...

May 3 · >

Health Insurers to Settle Cashless Claims Within an Hour

In a bid to help thousands of COVID-19 patients amid second wave of the pandemic, the regulator has asked the insurance companies to settle health insurance claims within an hour. This move came after Delhi High Court in its April 28 order, had directed the regulator to advise “insurers...

May 3 · >
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