11843 stories by IPA Staff
5 Mathura Cops Injured While Trying to Stop Party Hosted by UP Panchayat Poll Candidate, 10 Held
Five police personnel, including an SHO, were injured in an attack by supporters of a panchayat poll candidate when they tried to stop a party which was organised in Mudaliya village in this district to seek the favour of voters, officials said on Wednesday. Ten people have been arrested...
Why choosing the right stock broker is crucial before investors start their capital market journey
From the bygone era of boisterous ring trades and high-priced market intermediation to an epoch-making transformation in terms of tech-enabled, cost-effective, and democratic operations, brokerage has truly come of age. (Image: REUTERS) By Anshul Arzare From the bygone era of boisterous ring trades and high-priced market intermediation to an...
India Records 22 IPOs Worth Over $2.5 Billion in January-March Period
India witnessed 22 initial public offers worth over $2.5 billion in the first three months of 2021 amid “high momentum” in the country’s capital markets and the trend is likely to stay bullish in the current quarter also, according to a report. Leading consultancy EY India’s IPO (Initial Public...
Top IT, pharma, chemical stocks to buy: These 12 stocks may rally up to 77% amid second COVID-19 wave
While the sharp increase in Covid cases is a matter of concern, low mortality rate and expectations of ramp up in vaccination over the next few months should help limit the fallout from the second Covid wave. The Indian share market has been witnessing volatility as the second COVID-19...
No Injections or Oxygen, Second Covid-19 Wave Modi-made Disaster, Says Mamata
Lashing out at Prime Minister Narendra Modi, West Bengal Chief Minister Mamata Banerjee on Wednesday alleged that the second COVID-19 wave in the country and its management is a “Modi-made disaster”. Addressing an election rally at Balurghat in Dakshin Dinajpur district, the TMC chief asserted that West Bengal will...
Infrastructure super-cycle on Wall Street; Morgan Stanley believes these sectors could benefit
Apart from the benefits of the physical infrastructure that would be created using this, Michael Zezas, Head of Public Policy Research and Municipal Strategy for Morgan Stanley believes the money flow could also aid Wall Street. (Image: REUTERS) Wall Street could soon benefit from the massive infrastructure spending being...
Analyst Corner: ACC- Volumes in line; blended realisations slightly lower sales
Volumes in line; blended realizations slightly lower ACC’s cement sales volume at 7.97mt Standalone revenue of 42.9bn (+23% y-y, +4% q-q) came in 1-2% below Bloomberg consensus estimate and our forecast, driven by 1% lower blended realisations, while cement volume was in line with our estimate. EBITDA of Rs...
Rakesh Jhunjhunwala expects bull run to continue for years; finds opportunity in midcaps, smallcaps
The ace investor said that the Union Budget of 1989, stock market bottom in 2001, and 2020 March sell-off were the three biggest opportunities for markets that he has seen. Ace investor Rakesh Jhunjhunwala continues to be optimistic about India’s growth story and sees the current medical situation as...
Asian Stocks Fall as Virus Worries Return to Haunt Markets
Asian shares and U.S. stock futures fell on Wednesday as concern about a resurgence of coronavirus cases in some countries cast doubt on the strength of global growth and demand for crude oil. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.6%. Australian stocks dropped 1.25% and shares...
How Covid Took Centre Stage in Fierce TMC-BJP Battle as Cases Spiked in Bengal Amid Polls
Until a few days ago, Covid-19 was not an issue during election rallies in West Bengal. However, as cases rose, amid a fierce campaigning battle, the pandemic made an entry into the political discourse. West Bengal Chief Minister Mamata Banerjee took up the issue of the severe surge in...
Network18 Media & Investments Reports 241.9 Per Cent Jump In Q4 Consolidated Profit
As part of its fourth-quarter results, Network18 Media & Investments on Wednesday reported more than 3-fold, 241.9 per cent, increase in consolidated profit at Rs 205.8 crore, compared to Rs 60.19 crore in the corresponding period, led by lower operating cost. Consolidated profit in the financial year 2020-21 grew...
Infosys stock Nomura’s preferred pick post Q4 results; share price may rally 20%
Nomura has raised USD revenues and reduced EBIT margins resulting in a 0-2 per cent decrease in EPS. Infosys share price has corrected nearly 8 per cent in the last five trading days to Rs 1362.60 apiece on BSE. Even as the IT giant posted a 17 per cent...
26% Candidates Contesting Phase 7 West Bengal Polls Declared Criminal Cases Against Themselves: ADR
Twenty-six per cent of the 284 candidates contesting in the phase seven of the West Bengal Assembly polls this year have declared criminal cases against themselves, a report by the Association for Democratic Reforms stated. The West Bengal Election Watch and Association for Democratic Reforms (ADR) have analysed the...
Sun Pharma, Jindal Steel among top stocks to buy, sell; intraday chart suggests Nifty may fall up to 14,130
The intraday chart suggest correction wave likely to continue if the Nifty/ Sensex succeed to trade below 14400/48100. Image: Reuters By Shrikant Chouhan The market registered an extremely volatile session, the Nifty/ Sensex closed 63/243 points lower. The Nifty/ Sensex failed to sustain above the 14500/48400 resistance mark and...
Petrol and Diesel Price Today in India: Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad and More Cities
Petrol and diesel rates remain unchanged today. (Image: REUTERS) Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel were unchanged today for the sixth day running. Fuel prices were cut on April 15 after having remained unchanged for fifteen consecutive days earlier....
Banks to Remain Shut Today For Ram Navami 2021; Check List of Holidays In April
Banks in most parts of the country will remain shut on the occasion of Ram Navami today on April 21. Rama Navami is considered as an important festival for people following the Hindu religion. The day is celebrated on the ninth day in the month of Chaitra, which is...
ICICI Prudential Life: Maintain ‘buy’ with target price of Rs 790
IPru Life plans to compensate for this by increasing attachment of riders and higher traction on group segment. ICICI Prudential Life (IPru Life) reported NBP/APE growth of 23%/27% YoY in Q4FY21, following 3 straight quarters of decline. March month’s APE growth of 108% YoY was a standout. This acceleration...
Bengal Poll Observers Write to EC on Merging of Last Two Phases, Seek More Forces: Report
Amid demands by several political parties in Bengal to club the last two phases of voting-scheduled for April 26 and 29- poll observers stationed by the Election Commission of India (ECI) have reportedly indicated that the last polling can be merged if extra security forces are provided, a report...
