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Bloomberg Quint
22h
22
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Christmas, Boxing Day, New Year Top Discounts And Deals From Amazon, Flipkart
- Flipkart's Big Saving Days sale is live on the website and app, offering top discounts on phones, laptops, and apparel.
- Amazon Christmas Offers bring special discounts on cameras, smartwatches, smartphones, audio devices, and skincare products.
- Samsung has announced special Christmas offers on its Galaxy wearables range, including discounts on Galaxy Watch Ultra and Galaxy Buds3 Pro.
- IndiGo has launched a special Getaway Sale, offering heavy discounts on domestic and international air travel.
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Bloomberg Quint
22h
339
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Muthoot Capital’s Directors Resign As Their Daughters Step Into Board
- Muthoot Capital Services announces resignation of three directors who are replaced by their daughters.
- The three new members, Tina Suzanne George, Ritu Elizabeth George, and Susan John, have been appointed as executive and non-executive directors.
- The changes follow approvals from the Reserve Bank of India under its Scale Based Regulation framework.
- Shares of Muthoot Capital Services initially fell but later recovered during the day.
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TechBullion
22h
93
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Best Investment Plans for High Returns in 2025
- Equity mutual funds and direct equity investments offer high returns with increased risk.
- Real estate provides rental income and capital appreciation.
- The Public Provident Fund (PPF) and the National Pension System offer guaranteed returns for risk-averse investors.
- Cryptocurrency, corporate fixed deposits, ETFs, and gold are other investment options for high returns in 2025.
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Bloomberg Quint
22h
22
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SBI Cards' November Spending Market Share Falls, But Morgan Stanley Maintains 'Equal-Weight'
- SBI Cards' November spending market share fell due to RBI's rules on corporate card spending.
- The spending market share in November was 14.9%, down from 19.6% YoY and 15.8% MoM.
- Number of cards in force market share stood at 18.7% in November.
- Morgan Stanley maintains 'equal-weight' rating on SBI Cards with a target price of Rs 650 per share.
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Bloomberg Quint
23h
156
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Vedanta Demerger: Mcap To Shareholder Benefits, All You Need To Know
- Vedanta Limited will be demerged into five separate listed entities compared to the proposed six before.
- Shareholders will receive 1 share each of the newly formed companies for every one share held in Vedanta Ltd.
- The potential market capitalisation of the five entities combined could stand at around Rs 2.73 lakh crore.
- The demerger allows investors to get exposure to 5 pure play companies which tend to trade at a premium compared to diversified miners.
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Bloomberg Quint
23h
232
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Stocks In News At Noon: IndiGo, Vedanta, Sagility India, Tata Investment Shares
- Benchmark equity indices of India, Nifty and Sensex, traded higher at noon following positive sentiment from Wall Street.
- InterGlobe Aviation (IndiGo) shares rose as a recent report upgraded the stock to 'buy' with a higher target price.
- Tata Investment shares surged amidst buzz of the upcoming IPO of Tata Capital.
- Sagility India continued its rally with an 'overweight' coverage initiation from JPMorgan.
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Bloomberg Quint
23h
48
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Reliance May Be Dethroned As India's Largest Listed Firm Soon
- Reliance Industries Ltd. has fallen over 23% from its highest point in July this year.
- Tata Consultancy Ltd. and HDFC Bank Ltd. are quickly catching up to dethrone Reliance Industries as India's largest listed company.
- HDFC Bank is set to deliver its 11th consecutive year of gains, while TCS is the closest to dethroning Reliance Industries from its top spot.
- Reliance Industries has seen consensus estimates fall for its earnings, with a 16% drop in earnings per share estimates for next year.
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Bloomberg Quint
23h
67
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Greaves Cotton Shares Surge As Electric Mobility Arm Files Draft Papers For Maiden Offer
- Greaves Cotton subsidiary, Greaves Electricity Mobility Ltd., has filed preliminary documents for an IPO to raise up to Rs 1,000 crore.
- The IPO will consist of a sale of up to 18.9 crore shares and a fresh issuance of shares worth Rs 100 crore.
- Greaves Cotton will serve as the sole promoter offloading shares, while Abdul Latif Jameel Green Mobility Solutions will sell its stake.
- Shares of Greaves Cotton surged by over 12% following the IPO announcement.
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Bloomberg Quint
1d
348
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Trading Ideas: Avoid Vedanta, Waaree Energies, Bajaj Housing Finance, Say Stock Market Experts
- Trading experts advise avoiding Vedanta, Waaree Energies, and Bajaj Housing Finance due to various concerns.
- G Chokkalingam finds valuations of Bajaj Housing Finance expensive and suggests refraining from buying.
- Swati Hotkar recommends holding Crompton Greaves with a stop loss of Rs 380, as the stock shows positive outlook.
- Chokkalingam advises against buying Waaree Energies due to high valuation, while Hotkar suggests booking profits for Dixon Technologies and re-entering at lower levels.
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Global Fintech Series
1d
134
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Best Wallet Raises Over $5M in Token Presale for Cross-Chain Web3 Storage Solution
- Best Wallet has raised over $5 million in its token presale for their cross-chain Web3 storage solution.
- The presale for Best Wallet's native BEST token has reached $5.4 million, with tokens priced at $0.0233.
- Best Wallet aims to provide multi-chain compatibility and advanced trading tools, including a decentralized exchange feature.
- Future plans include introducing a crypto debit card, portfolio management tools, and an NFT gallery.
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Bloomberg Quint
1d
142
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Tata Investment Stock Surges As Tata Capital IPO Buzz Surrounds Dalal Street
- Shares of Tata Investment Corp. surged as news of Tata Capital's upcoming IPO creates buzz in the market.
- Tata Capital, the financial services arm of the Tata Group, is expected to have an IPO worth over Rs 15,000 crore.
- The decision to list Tata Capital aligns with the RBI's requirement for NBFCs to be listed within three years of receiving notification.
- Tata Investment Corp. shares rose by 12% in early trade, with law firm Cyril Amarchand Mangaldas and investment bank Kotak Mahindra Capital being roped in as advisors.
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Bloomberg Quint
1d
225
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Christmas 2024 Holiday: Are Stock Markets Open Or Closed On Dec. 25?
- The Indian stock markets will observe a holiday on Dec. 25 on the occasion of Christmas. No trading activity will take place on the leading stock exchanges, the BSE and the National Stock Exchange of India (NSE), due to the festive holiday.
- Investors and traders are advised to plan their transactions accordingly, as regular trading will only resume on Thursday, Dec. 26.
- Christmas on Dec. 25 will be the last planned closure for the stock markets in 2024 on account of a festive holiday. The markets will again remain closed on Dec. 28 and Dec. 29 for the weekend.
- Stock markets in India operate from Monday to Friday, with planned closure on festivals and other national holidays as decided by the governments. Trading activities do not take place on Saturdays and Sundays. These holidays offer traders and investors a window to plan their strategies and enjoy the festivities without worrying about market fluctuations.
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Bloomberg Quint
1d
161
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Stock Of The Day: Sagility's 65% Rally Has More Legs Before Likely February Hiccup
- Sagility India Ltd. has seen a 66% rally since its debut on Nov. 12.
- Top brokerages expect double-digit revenue growth for Sagility due to structural tailwinds and deep domain expertise.
- The stock is currently trading above key moving averages and could rally to Rs 54.
- The second lock-in period for anchor investors will end on Feb. 6, potentially leading to a temporary setback.
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Bloomberg Quint
1d
161
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ITC Sees Target Upgrade As Antique Stock Broking Bullish On Staples And Cigarettes Business
- Antique Stock Broking has raised its target price on ITC to Rs 563 and maintained a 'buy' rating.
- ITC's strategy of offering cigarettes at various price points and its premium FMCG portfolio are expected to drive growth.
- However, steep inflation in raw material prices may impact profit margins for both the cigarettes and FMCG segments.
- Antique Stock Broking believes ITC's diversified portfolio and strong performance make it an attractive investment at the current stock price.
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Bloomberg Quint
1d
180
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Christopher Nolan Announces 'The Odyssey' With Mega Star Cast And New IMAX Tech
- Christopher Nolan's next film, titled 'The Odyssey', is described as a mythic action epic.
- The star-studded cast includes actors like Tom Holland, Zendaya, Matt Damon, Anne Hathaway, Robert Pattinson, Lupita Nyong'o, and Charlize Theron.
- The film will use new IMAX film technology and is set to be released on July 17, 2026.
- The plot of 'The Odyssey' is based on Homer's foundational saga and follows Greek hero Odysseus on his journey back home after the Trojan War.
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