The NSE Nifty 50 closed 1.05% lower at 22,515.70, while the BSE Sensex closed 1.08% lower at 74,224.09.
Randy Orton is a busy man with things to be doing. The once-upon-a-time youngest heavyweight champion in WWE history has, you know, half-nelsons to be practising, suplexes to be suplexing, and, um, ah, Montreal Screwjobs to attend to?
Okay, I don’t know much about wrestling, but I do know a fair bit about Elden Ring, which makes me slightly disappointed that I wasn’t the person that Mr Orton paid $1000 to powerlevel his character in the game. Because according to a recent stream from Insiderz TV (spotted by Kotaku), the wrestler got so impatient with Elden Ring’s hard-going early hours that he decided he’d be better off just buying his way to a higher level. Can I do that the next time I’m banging my head against something difficult for a review? (I cannot).
According to Insiderz hosts Mansoor Al-Shehail and Brennan Williams—former members of WWE’s Maximum Male Models wrestling stable—Orton revealed his love of Elden Ring to them before an episode of…
I imagine plenty of us had an idea for a videogame when we were kids and maybe got as far as drawing some characters or maps in a notebook. Mike Brixius went a bit further. Beginning in 1984, he started coding an RPG on a Commodore 64 with the working title Digital Dungeon Master, inspired by a couple of his favorites. He wanted to combine the limited-line-of-sight dungeoneering of 1982’s Telengard with the party of adventurers and overworld map of Ultima 4, and to set it in the fantasy world created for his homebrew Dungeons & Dragons campaign.
Now, decades later, he’s dug up the floppy disks as well as pages of both handwritten notes and printed listings with handwritten comments he abandoned some time around 1989. Some of the disks were corrupted, but others proved retrievable, and you can see footage from what he’s got working on YouTube. “I have bits and pieces of the project from various points in its creation,” Brixius says, “but they don’t all work together as you …
As the Diwali celebrations wind down and market holidays conclude, Indian investors are bracing for a dynamic week ahead with the launch of four significant initial public offerings (IPOs). The featured IPOs include Gandhar Oil Refinery India, Fedbank Financial Services, Indian Renewable Energy Development Agency (IREDA), and the much-anticipated Tata Technologies IPO.
The Securities and Exchange Board of India (SEBI), the capital markets regulator, has granted approval to Fedbank Financial Services, IREDA, EPACK Durable, and Suraj Estate Developers for IPO capital raising. These companies, which submitted preliminary IPO papers between July and September, received observation letters from SEBI between October 30 and November 10, indicating a green light for their IPO launches.
This year has witnessed a surge in IPO activity, keeping investors engaged with continuous listings and subscriptions. Analysts anticipate a bustling IPO market post-Diwali for two mai…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed the trading session on a lower note on July 24 a day after Finance Minister Nirmala Sitharaman presented the Union Budget for FY25. The BSE Sensex fell 280 points or 0.35% to finish the day’s trading at 80,148.88, holding the psychological level of 80,000. The NSE Nifty 50 closed 65.55 points or 0.27% lower settling at 24,413.50. Bank Nifty closed in the red, shedded 461.30 points or 0.89% closing the session at 51,317. Bucking the trend, Nifty Midcap 100 closed 587.50 points or 1.04% higher at 56,872.75.
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Tata Group has emerged as India’s first conglomerate to breach the Rs 30 trillion mark in market capitalization (mcap). The milestone was reached on Tuesday, driven by a 4% surge in Tata Consultancy Services (TCS) shares, propelling its market valuation beyond Rs 15 trillion for the first time.
The substantial rally in TCS shares contributed to the overall market cap of the Mumbai-based conglomerate, reaching a total of Rs 30.6 trillion. In comparison, Mukesh Ambani-led Reliance Group holds the position of India’s second-largest business entity with an m-cap of Rs 21.6 trillion, followed by Gautam Adani-led Adani Group at Rs 15.5 trillion.
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Tata Consultancy Services Ltd has witnessed a noteworthy 9% surge in 2024, while Tata Motors Ltd recorded an impressive 20% advancement. Tata Power and Indian Hotels saw gains of 18% and 16%, respectively.…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed in negative territory on April 12. The NSE Nifty 50 lost 234.40 points or 1.03% to close at 22,519.40, while the BSE Sensex pulled back 800 points or 1.08% to finish at 74,244.90. Nifty Bank dropped 422 points or 0.86% to close at 48,564.55.
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Ambuja Cements’ share price surged over 3% to reach a 52-week high in early trade on Friday following the announcement of its acquisition of Penna Cement Industries Ltd (PCIL) by the Adani Group firm. The shares rallied as much as 3.86% to a new high of ₹690.00 apiece on the BSE.
Ambuja Cements will acquire 100% of PCIL shares from the existing promoter group, Pratap Reddy and family. The acquisition, valued at Rs 10,422 crore, will be fully funded through internal accruals, according to a regulatory filing by the Adani Group cement manufacturer on Thursday.
PCIL has a total cement capacity of 14 million tonnes per annum (MTPA), with 10 MTPA currently operational. The remaining capacity is under construction at Krishnapatnam (2 MTPA) and Jodhpur (2 MTPA), expected to be completed within 6 to 12 months. Additionally, surplus clinker at the Jodhpur plant will support an extra 3 MTPA cement grinding capacity beyond the existing 14 MTPA.
Primary ste…
On March 4, 2024, Tata Motors will demerge its operations into two distinct listed entities – one dedicated to Commercial Vehicles (CV) and the other to Passenger Vehicles (PV), including Electric Vehicles (EV) and Jaguar Land Rover (JLR) businesses.Analysts are unanimous in calling it a strategic decision but remain cautious in terms of rating and price target.
The demerger follows the earlier subsidiarization of PV and EV businesses in 2022, emphasizing Tata Motors’ commitment to empowering each segment to pursue individual growth strategies. The move aims to enhance agility and reinforce accountability, allowing each entity to operate independently.
The demerger process will be executed through a National Company Law Tribunal (NCLT) scheme of arrangement. Shareholders of TML will maintain identical shareholding in both listed entities. However, necessary approvals from shareholders, creditors, and regulatory bodies are expected to take approx…
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up 67 points or 0.34% at 19,809, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday,the NSE Nifty 50 dropped 37.55 points or 0.19% to settle at 19,694.25, while the BSE Sensex dropped 139.58 points or 0.21% to 65,655.15.
“Markets lingered in negative territory in a listless trading session and extended its losing streak amid selling in select frontline stocks. Investors continue to trade with caution amid uncertainty over the ongoing West Asia conflict, and global economic slowdown concerns. While markets struggled to capitalize on positive global cues, investors also shrugged off hopes for more stimulus from China. Technically, Nifty needs to reclaim the 19889 mark to unleash fresh upside, …
By Anand James
We had gone in last week expecting HDFC Bank to embark on the next leg of extended declines, aiming 1370-20. However, given the slow down in downside momentum, we are weighing the prospects of a recovery attempt being made while inside the 1525-1460 region, or an outright recovery and push above 1570 which could also serve to lessen the heavy bearish bias the stock has been bearing lately. That said, the prospects of a vertical rise look low, but whichever way this stock swings, it can have a bearing on the prospects of Bank Nifty, given the 29% weightage it has in Bank Nifty index. Meanwhile, more than 50% of Bank Nifty constituents are still above 50DMA, suggesting that the index could find new leaders. Also the Index as such appears due for a bounce back, but we would be first interested in initiating shorts on pull back to 45,000. However, we feel that, after due consolidation, the latter part of October could see a breakout beyond thi…