Todays Hot Picks

Impact of Iran-Israel Conflict on Indian Markets
The recent Iran-Israel conflict, marked by Iran firing over 180 missiles into Israel, has triggered significant market reactions in India, leading to a Sensex drop of over 1,700 points.
Swiggy to sponsor Shark Tank Season 4, excludes Zomato founder Deepinder Goyal as part of deal
Swiggy is set to sponsor the fourth season of Shark Tank India for ₹25 crores but has conditionally excluded Zomato's founder, Deepinder Goyal
IPO Calendar: 2 new issues, 6 listing on investors' radar next week
Next week, starting October 8, 2024, two IPOs are set for subscription: Garuda Construction and Shiv Texchem.
Paytm appoints Deependra Singh Rathore as new CTO, as Dhody transitions to AI Fellow
Paytm has appointed Deependra Singh Rathore as its new Chief Technology Officer (CTO) for Payments, succeeding Manmeet Singh Dhody, who has transitioned to the role of "AI Fellow.

Latest updates

PFC Secures $1.27 Billion Loan for Green Energy Transition
Power Finance Corporation (PFC), a state-owned enterprise in India, has secured a foreign currency term loan of $1.27 billion, marking the largest loan of its kind for a public sector undertaking.
China’s Stock Rally Pulls Funds from India and Other Asian Markets
A sudden surge in Chinese stocks, fueled by government stimulus, is drawing global investors to reallocate funds from Japan, India, and Southeast Asia back to China.
Swiggy Launches Bolt: Promises Food Delivery in 10-15 Minutes
Swiggy has introduced a new service called "Bolt," designed to deliver food within just 10-15 minutes. This ultra-fast delivery option is aimed at meeting the increasing demand for quick service
Markets Suffer Worst Week in Over 2 Years as Global Tensions Rise
India's benchmark indices, Sensex and Nifty, dropped 4.5% this week, marking their steepest decline since June 2022. On Friday, the Sensex fell 809 points (1%) to close at 81,689, while Nifty lost 236 points (0.9%) to end at 25,015.
India Becomes Fourth Nation to Cross $700 Billion in Forex Reserves
India's forex reserves have reached a historic $700 billion, making it the fourth country globally, after China, Japan, and Switzerland, to achieve this milestone.
HDFC Bank's MSCI Weight Increase Expected
HDFC Bank is set to increase its weight in MSCI indices due to a rise in foreign portfolio investor (FPI) headroom, now at 24.97%, above the 20% threshold.
Top Losers in Today's Trading Session - 4th October 2024
Top Loser: - Mahindra & Mahindra Ltd: Lost by 3.59%, closing at ₹3,017.45. Bajaj Finance Ltd: Lost by 2.99%, closing at ₹7,211.35.
Top Gainers in Today's Trading Session - 4th October 2024
Top Gainer: - Infosys Ltd: Gained by 1.31%, closing at ₹1,918.15. Oil & Natural Gas Corporation: Gained by 1.10%, closing at ₹295.25...
Market Struggles: Nifty and Sensex Dip Nearly 1%
The stock market faced a tough day as both the Nifty and Sensex fell almost 1%. Major losers included M&M, Bajaj Finance, Nestle India, Hero MotoCorp, and Asian Paints.
Amazon Teams Up with India Post for Faster Deliveries Across India
Amazon has signed a memorandum of understanding (MoU) with India Post to improve its delivery network across the country.
Government Unveils New Internship Program to Support 1 Crore Youth
The government has launched a pilot internship scheme aimed at providing 1 crore internships over five years.
“Buy China, Sell India?” Investors Shift Focus as China Stimulus Sparks Market Changes
Investors are now considering “Buy China, Sell India” after China's recent big stimulus measures. while India's Sensex fell nearly 1,300 points due to over $1 billion pulled by foreign institutional investors
Tata Sons Urges Air India to Retain Vistara’s Premium Service Post Merger
Tata Sons has advised Air India to maintain Vistara’s superior flying experience after their planned merger on November 12, 2024. Vistara, known for its high-quality service, will keep its staff, aircraft, and service standards
Make in India Needs Export Focus for Real Success, Warns Expert
Since Prime Minister Modi launched "Make in India" in 2014, manufacturing growth has been underwhelming. While mobile phone exports, driven by Apple's global supply chain
JioCinema Appoints Former YouTube Exec Ishan Chatterjee as Chief Business Officer
JioCinema, owned by Reliance Industries, has appointed Ishan Chatterjee, former YouTube India managing director, as its chief business officer.
YES Bank’s CASA Jumps 28.4%, Total Deposits Rise to ₹2.77 Lakh Crore
YES Bank reported a strong 28.4% growth in its Current and Savings Accounts (CASA) to ₹88,559 crore for Q2 FY25.
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