11843 stories by IPA Staff
Leaders Who Have Helped BJP Expand Its Dalit Vote Base in Bengal
The Bharatiya Janata Party has gone all out to win the politically and ideologically significant state of Bengal and in the process unseat two-term chief minister Mamata Banerjee and her Trinamool Congress. It’s a prestige battle that the BJP wants to win at any cost, say analysts, and that...
F&O expiry: Sensex falls 610 pts from day’s high, Nifty ends flat; here’s what technical charts say
The markets seem to be bullish and the Nifty has wings to move up further to levels closer to 15100-15200. Image: Reuters The swing continued throughout the trading session with BSE Sensex and Nifty 50 moving between gains and losses in Thursday’s trade. BSE Sensex ended just 32 points...
Amazon to Raise Pay for 5,00,000 Workers After Failed Unionization Drive
Amazon will increase pay between 50 cents to $3 an hour for more than half a million workers on its fulfillment, delivery and sorting teams, the US tech giant announced Wednesday. The raises, which will take effect between May and June, come ahead of a federal hearing over a...
No time to turn defensive on Wall Street; Morgan Stanley says there’s more steam in cyclical trades
Economic growth ahead could be much broader and stronger than any of the cycles seen earlier. (Image: REUTERS) Some Wall Street investors have switched back to defensive trades after a strong rally in equity indices saw them surge to record highs. Investors moved their focus towards defensive, choosing large-caps...
Gold Prices See Steady Decline, Silver On The Rise
Gold prices saw a further decline in Indian market on Thursday, April 29. According to Good Returns, the gold rate for one gram of 22-carat in the country fell by Rs 30 at Rs 4,449 from Rs 4,479 the previous day. Following the similar trend, the price of 10...
How Caste Politics and Mandal Commission Gained Relevance in Bengal Polls
West Bengal this time has witnessed an election campaign replete with caste-based politics. Both the Bharatiya Janata Party (BJP) and the Trinamool Congress (TMC) have pulled out all stops to woo the nearly 23.5 per cent Scheduled Caste (SC), 5 per cent Scheduled Tribe (ST) and 17 per cent...
PowerGrid InvIT IPO opens: Strong financials, power transmission biz make it attractive; should you subscribe?
he units of PowerGrid InvIT are proposed to be listed on BSE and NSE. Image: Reuters PowerGrid Infrastructure Investment Trust (InvIT) IPO opened for subscription on Thursday, April 29, 2021, in the price band of Rs 99-100 per unit. The units of PowerGrid InvIT are proposed to be listed...
Sensex, Nifty on 3-day gaining streak as bulls take control; 5 things to know before opening bell
On Thursday morning, SGX Nifty was trading in the green, hinting at a gap-up start for domestic equities. (Image: REUTERS) Domestic equity markets are now on a three-day gaining streak but might face some volatility today owing to the monthly derivates expiry. S&P BSE Sensex currently sits at 49,773...
CCI Approves Acquisition of Alibaba-Backed BigBasket by Tata Sons
The Competition Commission of India (CCI) on Thursday approved the acquisition of Alibaba Group Holding Ltd.-backed online grocery seller BigBasket by Tata Sons Pvt Ltd. The Tata-BigBasket deal has put the conglomerate in direct competition with Amazon and Walmart’s Flipkart. In the filing with the CCI, Tata Digital Ltd.,...
Buy these two stocks to pocket gains as Nifty looks to breach near-term resistance
The short term trend of Nifty continues to be positive. (Image: REUTERS) By Nagaraj Shetti After showing a sign of strength with upside momentum on Tuesday, Nifty demonstrated another sharp upmove on Wednesday and closed the day higher by 211 points. After opening with upside gap of 57 points,...
Here’s How to Buy Your Dream Home with the Help of PF
(Representative pic: Shutterstock) Considering the fact that over 70 per cent of Indians contribute to the working population of India, the central government has come up with numerous schemes to make it easier for the general public to buy a property. Purchasing a house is on every family’s checklist....
Reliance Industries stock price may rise to these levels; foreign investors maintain bullish stance
Jefferies sees three key triggers ahead for the stock. (Image: REUTERS) Mukesh Ambani’s Reliance Industries Ltd. (RIL) has seen increased interest from foreign portfolio investors in the last one year. Foreign Portfolio Investor’s (FPI) shareholding in RIL has jumped 1.59% in the January-March quarter, from a year-ago period. Meanwhile,...
Here Are 5 Key Things to Know Before Subscribing
PowerGrid Infrastructure Investment Trust (InvIT) will open its initial public offering (IPO) for subscription on Thursday, April 29. While this will be the first time a state-owned entity is monetising its infrastructure assets through the InvIT (infrastructure investment trust) route, it will also be the third InvIT to be...
Polling Underway for Final Phase, 5.27 Lakh Candidates in Fray Across 17 Districts
Polling stated for the final phase of Uttar Pradesh panchayat elections at 7.00 am on Thursday across 17 districts. The polling is scheduled in the districts of Ambedkar Nagar, Aligarh, Kushinagar, Kaushambi, Ghazipur, Farrukhabad, Bulandshahr, Basti, Bahraich, Banda, Mau, Mathura, Shahjahanpur, Sambhal, Sitapur, Sonbhadra and Hapur. 2.98 crore eligible...
RIL, Titan, HUL, PowerGrid InvIT, Bharti Airtel, Bajaj Finserv, Ambuja Cements stocks in focus
Technical analysts say that the Nifty index has given a breakout of its upper band of Falling Wedge formation, which signifies a bull run in the counter. Nifty futures were trading 37 points or 0.25 per cent higher at 14,882 on Singaporean Exchange on Thursday, suggesting a positive start...
Gold prices snap 5-day losing streak as US Fed holds interest rates; MCX gold may touch Rs 47,500
Gold gained momentum after the US Fed’s pledge for an accommodative fiscal policy stance in yesterday’s policy meeting. Gold prices snapped the 5-day losing streak on Thursday after the US Federal Reserve decided to keep the interest rates unchanged near zero. MCX gold June futures were trading Rs 163...
Sensex Soars 790 Pts, Nifty Tops 14,864 as Financial Stocks Shine
Extending its gains for the third straight session, equity benchmark Sensex rallied 790 points on Wednesday, led by gains in financial stocks amid a positive trend in global markets. The 30-share BSE index ended 789.70 points or 1.61 per cent higher at 49,733.84. Similarly, the broader NSE Nifty surged...
SBI Explains How to Avoid Online Transaction Fraud
(Image for representation purpose only) State Bank of India has also shared the link of a YouTube video elaborating how these activities are carried out The State Bank of India (SBI) has warned people against the increasing cyber frauds during the pandemic. SBI informed the people to be cautious...
