BAN ON RALLIES
Shooting at Trump rally comes at volatile time in American history
Former President Donald Trump was injured in an assassination attempt during a Butler, Pennsylvania rally. The shooting occurred at 6:10 p.m., and the Secret Service promptly secured Trump, although a spectator was fatally wounded. The 20-year-old shooter, Thomas Matthew Crooks, was neutralized by snipers. Trump received medical attention and was later transported to New Jersey. President Joe Biden condemned the incident, calling for unity. The FBI's investigation revealed Crooks' conflicting political affiliations. Heightened security marked the upcoming Republican National Convention.
Tea stocks rally up to 16% as tea prices likely to soar further
Tea stocks soar as prices spike due to heatwave and floods, reaching new highs. India's struggling tea industry could benefit from the surge, but financially weak producers still face challenges.
At 28, Bardella could become youngest French prime minister at helm of far-right National Rally
Bardella is part of a generation of young people who joined the party under Marine Le Pen in the 2010s but likely wouldn't have done so under her father. Since joining at age 17, he has risen quickly through the ranks, serving as party spokesperson and president of its youth wing, before being appointed vice president and becoming the second-youngest member of the European Parliament in history, in 2019.
I am running the race, going to win again: Biden at Wisconsin rally
US President Joe Biden reaffirmed his candidacy for the upcoming November 5 election, addressing doubts following his recent debate performance. In a Wisconsin rally, Biden emphasized his achievements, including job creation and healthcare improvements, while dismissing concerns about his age. He expressed determination to defeat Donald Trump again, calling for unity and support. Indian-American community leader Ajay Jain Bhutoria endorsed Biden and Vice President Kamala Harris, praising their commitment to democracy and resilience in challenging times.
F&O Ban List: India Cements and Indus Towers under trade ban on Wednesday
Stocks India Cements and Indus Towers under F&O ban. India Cements OI at 115.7%, down 1.9%, while Indus Towers at 80.2%, down 5.4%. Both trading above SMAs and facing ban reversal if OI drops. Market sees minor decline on Tuesday across sectors like banks and auto.
Serbia's green activists rally against Rio Tinto lithium project
In Loznica, Serbia, scores protested against the Rio Tinto lithium project, fearing environmental damage. Despite revoked licenses in 2022, protesters demand a ban on lithium mining within 40 days, threatening nationwide blockades. The Jadar project, opposed by environmentalists, could supply 90% of Europe's lithium needs. Serbia's President Vucic signals readiness to approve the controversial mine.
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After a 13% rally so far this year, is upside in MCX crude oil futures capped?
European Union's sanctions and China's economic concerns pose challenges for oil demand. Amidst the ongoing rally, uncertainties like a potential ceasefire in Gaza and China's economic health could influence oil prices. Expert projections hint at sustainability hurdles for the current uptrend in crude oil prices.
F&O Ban: India Cements, Indus Towers among 5 stocks under trade ban on Thursday
The Future & Options contracts of any stock enter a ban period when its open interest (OI) exceeds 95% of the market-wide position limits (MWPL). The ban is lifted only when the open interest falls below 80% of MWPL
Pakistani court acquits Imran Khan, Qureshi and Sheikh Rashid in case of vandalism
In a major relief to Imran Khan, a Pakistani court acquitted the jailed former premier, his aide Shah Mehmood Qureshi, and former minister Sheikh Rashid in a case of vandalism. The ruling also cleared two more leaders of Pakistan Tehreek-e-Insaf, Sadaqat Abbasi and Ali Nawaz Awan, from charges related to violating Section 144 of the Pakistan Penal Code by participating in rallies.
Paytm shares soar over 8% after laying off employees as part of group restructuring
Paytm has been facing regulatory trouble after the RBI barred Paytm Payments Bank Ltd from accepting more deposits from February 29, owing to non-compliance. After declining 51% in the last one year, Paytm saw some positive action with the shares rising 13% this month.
Social media savvy Maha onion farmers tip scales against NDA
Maharashtra farmers, led by figures like Sharad Joshi and Bharat Dighole, navigate challenges in onion trade amidst government policy shifts. The use of social media platforms like WhatsApp and Facebook has revolutionized farmer mobilization efforts, impacting political landscapes and market dynamics.
GIFT Nifty rises 90 points; here's the trading setup for today's session
Equity markets rallied over 3% after exit polls predicted NDA's third consecutive win, with experts expecting new highs and recommending focus on manufacturing, capex, infrastructure, and financials for long-term investment.
GIFT Nifty soars 800 points; here's the trading setup for today's session
Equity markets faced pressure last week due to election uncertainties and FII selling. Analysts predict a positive market reaction on Monday post BJP win in exit polls.
BJP is planning to ban RSS: Uddhav Thackeray
Speaking at his last rally here before the campaigning for the Lok Sabha elections ended in Maharashtra, Thackeray also said that the Election Commissioner who was "acting like Modi's servant" will be removed after the INDIA alliance government comes to power.
SP, Cong want to try out 'TMC politics' in UP: PM Modi in Bhadohi
PM Modi criticized the Samajwadi Party and Congress for experimenting with 'Trinamool politics' in Bhadohi, warning against its violent and discriminatory nature. He highlighted the dangers of appeasement, terrorism, and extremism in politics, urging for a strong stance against such threats.
INDIA bloc plans to rotate PM's chair among constituents: Amit Shah at rally in Madhubani
Union Home Minister Amit Shah, speaking at an election rally in Madhubani, Bihar, asserted that the INDIA bloc plans to rotate the PM's chair among its constituents if elected. Shah criticized the bloc for lacking a clear PM candidate, emphasizing the need for a strong leader like Modi. He also highlighted the government's stance against cow slaughter and the ban on Popular Front of India for allegedly aiming to establish an Islamic state.
Bank of Baroda shares rise over 3% after RBI lifts ban on adding customers on its mobile application
Bank of Baroda Share Price: Government-owned BoB told stock exchanges that the RBI, in a letter dated May 8, conveyed the decision to lift the restrictions on 'BoB World' with immediate effect.
'Tempo loads of money' jibe: Rahul asks PM if he is speaking from personal experience, asks him to send CBI, ED to probe Ambani, Adani
Congress leader Rahul Gandhi has called on Prime Minister Narendra Modi to hold a probe by the CBI or ED into whether businessmen Adani and Ambani sent black money to his party. Gandhi questioned Modi's "personal experience" that they send money in a tempo and asked if he was "scared". He argued that the Congress party will give the same amount of money to the people of India through various schemes promised by the party.
GIFT Nifty up 5 points; here's the trading setup for today's session
"Although Nifty opens positive, it is witnessing resistance at higher levels, indicating cautiousness among the investors with the progress of both the result season and the Lok Sabha election. We expect this volatile move to continue till the Exit poll. Hence market to remain in a broader range until clarity emerges," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Bajaj Finance shares jump over 7% as RBI lifts curbs in less than 6 months
Bajaj Finance Shares Price: Bajaj Finance's shares soared 7.5% on BSE following RBI's decision to lift restrictions on key customer acquisition products. Analysts foresee positive outcomes with improved growth visibility and potential profit CAGR.
Nepalis fight TikTok ban in court, or ignore it entirely
When Nepal suddenly announced a ban on TikTok last year, lawyer Sunil Rajan Singh was determined to fight what he said was a government effort to hide its wrongdoings. Others like Singh are determined to fight. The hugely popular video-sharing platform has faced restrictions in several countries for allegedly breaking data rules and for its supposed harmful impact on youth.
F&O Ban List: Biocon, Vodafone under trade ban on Tuesday
Traders who trade in indices do not encounter a situation of security ban.
Use the dips to buy into Kotak Bank and Bajaj Finance; recovery will be as sharp on next trigger: Deven Choksey
Deven Choksey discusses market opportunities during corrections, stock-specific triggers for recovery like in Kotak Bank and Bajaj Finance. Real estate and consumer durables sectors show growth potential, with Reliance Retail's entry expected to disrupt the market.
LME ban on Russian origin metals to see aluminium, copper & nickel prices go up in short term: Amit Dixit
ICICI Securities' Analyst, Amit Dixit, examines the impact of Russian metal bans on commodity prices, emphasizing short-term fluctuations and the evolving steel sector in India amidst changing global dynamics. He says: "There would be ways and means by which you would find that the actual impact would be far lower than what people are expecting currently."
Admin bans big gatherings in Leh before activist's march
Ladakh's administration imposed section 144 in Leh ahead of Sonam Wangchuk's proposed 'Pashmina March', citing concerns about peace and tranquillity. Wangchuk called the decision "unfortunate" and feared it could be a ploy to incite peaceful protestors and blame them for unlawful activities.
Kerala CM Pinarayi Vijayan slams Cong over absence of their and IUML flags in Rahul Gandhi's roadshow
A day after Congress MP Rahul Gandhi kicked off his poll campaign for Wayanad Lok Sabha seat by holding a roadshow, Kerala Chief Minister Pinarayi Vijayan on Thursday alleged the grand old party did not show its and ally IUML's flags during the event as it was scared of BJP. The CM also hit out at the Congress MP alleging that Gandhi "lacked the courage" to publicly display his own party's flag.
PM to address poll rally in UP's Meerut on Sunday, RLD chief Jayant Chaudhary to be present
PM Modi launches election campaign in Meerut with Arun Govil, Jayant Chaudhary. Rally aims to secure all 80 Lok Sabha seats. Tight security measures in place for the event.
F&O Ban List: SAIL only stock under trade ban on Wednesday; Biocon, Zee and one other stock exit
The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
US House passes bill to force ByteDance to divest TikTok or face ban
The U.S. House of Representatives passed a bill giving TikTok's ByteDance six months to divest U.S. assets or face a ban. TikTok CEO warns of job losses. China criticized the legislation. White House supports swift action. Legal challenges anticipated.
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