Shareholders approve Anup Bagchi as MD and CEO; stock gains amid institutional optimism and Bank Nifty strength
Six Nifty 500 stocks gained over 2% and crossed above their respective 200-day moving averages on November 9, according to StockEdge data. A move above the 200-DMA is widely seen as a bullish technical signal, suggesting a potential shift towards an uptrend.
Nima Momeni, convicted of killing Cash App founder Bob Lee in April 2023, has been sentenced to 16 years to life in prison. A San Francisco judge rejected his request for a new trial, while Momeni's lawyers plan to appeal the verdict. Lee's daughter confronted him in court, speaking about the future her family lost.
Thomas Markle was arrested and charged on Friday on a single federal count of possessing child sexual abuse material, including two explicit photographs of himself posed with a naked underage girl and other images of him with children in various stages of undress.
A vehicle crashed into pedestrians at a busy intersection in North Hollywood, Los Angeles, on Tuesday evening, killing three people and leaving three others in critical condition. The white SUV struck at least five people near a metro station shortly before 6 pm. The driver was also hospitalised.
Seven Nifty500 stocks featured in StockEdge’s White Marubozu bullish scanner on November 9, indicating strong upward price momentum during the session. Banking stocks dominated the list, with gains ranging from 4% to 5.6%.
In her new memoir, Sonia Gandhi recalls questioning Rajiv Gandhi over his handling of the Shah Bano case and his attempt to balance religious rights with gender justice. She also revisits the Ayodhya dispute, alleging that the BJP-RSS's actions deepened communal tensions and eventually led to the Babri Masjid's demolition.
Ireland is implementing its largest-ever security operation as around 50 European leaders convene in Dublin this week. Growing concerns over hybrid attacks have prompted heightened vigilance and extensive preparations by the police. Many bomb threats in recent days have caused disruptions across Europe and targeted various institutions in Ireland. Specialist units, supported by military forces, will ensure safety during the significant political gatherings.