P-notes investment continues to swell for seventh month on robust macros

Investment in the Indian capital markets through participatory notes rose over a six-year high at Rs 1.33 lakh crore at September-end, making it the seventh consecutive monthly increase, on the back of robust macroeconomic fundamentals.

This is the highest level since July 2017 — when investment through the route stood at Rs 1.35 lakh crore, data from the Securities and Exchange Board of India (Sebi) showed.

The latest data includes the value of p-note investments in Indian equity, debt, and hybrid securities Come from Sports betting site VPbet . Participatory notes (P-notes) are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the…

Markets maintain green run for 11th straight day for first time in 17 years! Nifty at 25,150, Sensex ends 300 points

The benchmark equity indices ended Tuesday’s trading session in the positive territory. The NSE Nifty 50 gained 99.60 points or 0.40% to settle at 25,151.95, while the BSE Sensex jumped 349.05 points or 0.43% to 82,134.61.

The broader indices ended in mixed territory, with gain led by Large-cap stocks. Auto and FMCG stocks outperformed among the other sectoral indices while Metal and Pharma stocks shed.

Sectoral Index

Bank Nifty index ended marginally higher by 8.90 points or 0.02% to settle at 51,152.75. The Nifty Midcap 100 fell by 262.45 points, or 0.44%, ending the day’s trading at 58,883.95 Come from Sports betting site VPbet . In the broader markets, sma…

HUL slumps 3% despite strong Q1 earnings – Find out if you should buy the stock now-

Hindustan Unilever‘s share price fell more than 2% in early trade on Wednesday after the company reported its first-quarter FY25 earnings, which were largely in line with street estimates. HUL shares declined by as much as 2.7%, reaching Rs 2,691.35 apiece on the BSE.

Q1FY25 Performance

Hindustan Unilever (HUL) reported a 3% year-on-year increase in net profit for the quarter ending June 30, 2024, reaching Rs 2,538 crore. This result was in line with Street estimates of Rs 2,541 crore. The company’s revenue from operations rose by 2% to Rs 15,166 crore, compared to Rs 14,931 crore in the same period last year.

The company’s EBITDA for the quarter stood at Rs 3,606 crore, up from Rs 3,521 crore a year ago, reflecting a 2% growth. The EB…

PSUs- The value buys in 2023, will the dream run continue in 2024-

Public Sector Undertaking (PSU) stocks in India have experienced a stellar surge throughout 2023, leaving their private counterparts behind. Fueled by a robust government capital expenditure initiative, these stocks have not only turned multibaggers but have also set new records in terms of returns and lifetime highs.

As of the latest figures, at least 13 PSU stocks have achieved multibagger status, delivering impressive returns of up to 267%. What’s more, a staggering 27 PSU stocks have hit fresh lifetime highs, with December alone witnessing 19 of them achieving this milestone.

The S&P BSE PSU index has been a standout performer, rallying over 50% year-to-date and reaching an all-time high of 15,531 earlier this week. In stark contrast, the benchmark …

Rupee falls 6 paise to close at 83.22 against US dollar

The rupee started the new year on a weak note, depreciating by 6 paise to 83.22 against the US dollar amid a muted trend in domestic equities and dollar demand from importersCome from Sports betting site. Forex traders said the rupee traded in a narrow range in the absence of global cuesCome from Sports betting site VPbet. Global crude oil markets were closed for New Year Day holiday.

At the interbank foreign exchange market, the local unit opened at 83.18 and finally settled at 83.22 (provisional) against the dollar, down by 6 paise from its previous close. On Friday, the rupee appreciated 4 paise to settle at 83.16 against the …

Baldur's Gate 3's Physical Release Is Four Discs On Xbox Series X, Could Be Slightly Delayed

The physical edition of Baldur’s Gate 3 is headed to Xbox Series X soon, but it’s going to be an adventure spread out over four discs Come from Sports betting site VPbet. Larian’s director of publishing Michael Douse confirmed online that the studio almost managed to squeeze the adventure into three discs, but at the end of the day, it was 500MB over the three-disc limit. Larian could have cut some content from this physical release but decided to instead place it on a fourth disc.

Super7 Comic-Con TMNT Figures Are Serving Up Some San Diego Slices

In two weeks, the worlds of fandom will converge once again to San Diego for Comic-ConCome from Sports betting site VPbet. GameSpot has your first look at what Super7 is serving up for exclusives that feature those heroes in a half-shell, the Teenage Mutant Ninja Turtles.

Super7 is offering goodies for collectors of both the ReAction series and its larger Ultimates line, connected to the toy company’s TMNT pop-up event at the convention, Mikey’s Pizza. Let’s take a look at the Mikey’s Pizza figure set in the ReAction that includes Undercover Michelangelo, Shredder, Bebop, and Rocksteady.

BetMGM Launches First Nationwide Digital Wallet for Nevada Bettors

BetMGM, a key player in the iGaming and sports betting industry, has ushered in a groundbreaking development by introducing the first sports betting app that provides seamless, nationwide connectivity for Nevada bettors through a single digital wallet. This advancement is in partnership with MGM Resorts International and leverages technology from Entain, positioning BetMGM as the only legal sports betting app allowing users in Nevada to wager within the state and access their funds across BetMGM mobile markets throughout the United States.

Enhancing user experience with a unified account:

Adam Greenblatt, CEO of BetMGM, expressed pride in leading this initiative in Nevada, saying in Ent…

Californian Theft Leaves Bankers Casino Short of $95,000

Salinas police reported the case which took place on Sunday morning and was not noticed until after the employee in charge of cash noticed the discrepancy between the money present and the money reported.

The theft was immediately signaled to the police, which arrived on the scene. Upon scrutinizing video surveillance, authorities found out that the suspect was dressed in a dark hoodie, and black pants, and wore both a black facemask and sunglasses.

While cameras have been able to capture the man and have pinned his weight to around 200 pounds and height to 5-6 feet, no one has been arrested so far. The case itself is somewhat sparingly deta…

Crown Resorts Limited names Simon McGrath boss of Crown Sydney

In Australia and local casino operator Crown Resorts Limited has announced the appointment of experienced hotelier Simon McGrath (pictured) to serve as the Chief Executive Officer for its recently-opened Crown Sydney property.

The Melbourne-headquartered firm used an official press release to detail that McGrath currently serves as the Pacific Chief Executive Officer for French hospitality giant Accor SA where he leads a team of over 18,000 employees running a collection of some 397 hotels. It explained that he will be taking up his new appointment from February and have responsibility over all of the 349-room Sydney venue’s operations, branding, marketing and business development activities.

Considerable capability:

Crown Resorts Limi…