A recent investigation revealed connections between protests in France and India, involving various global organizations. These groups, described as part of a coordinated protest ecosystem, amplify youth unrest across multiple countries. Indian Alliance Paris was highlighted for its role in linking protests from different regions.
NCDEX has launched NDEX and FINNDEX, two rule-based indices covering large and liquid Indian equities and financial sector stocks. The benchmarks use a multi-factor methodology incorporating market capitalisation, liquidity, beta and volatility, with semi-annual rebalancing.
Ace investor Ashish Kacholia reshuffled his Rs 3,000 crore portfolio in Q2FY27, adding three stocks, increasing stakes in two companies and trimming holdings in 13 others. The changes include new bets on ESDS Software Solutions, Ardee Industries and Credent Connect N Care, while Fineotex Chemicals and Brand Concepts may have been exited.
Mehbooba Mufti has criticised the Centre for issuing an eviction notice to a century-old mosque. The mosque, located near the Prime Minister's residence, is facing threats to its existence. Officials state that the mosque management received the notice and was instructed to vacate quickly. The Land and Development Office claims the land belongs to the government, calling it unauthorised occupation.
A total of 432 stocks hit fresh 52-week lows against just 53 at 52-week highs, underscoring the depth of the selling and as many as 277 stocks were locked in the lower circuit against 107 in the upper circuit
In a remarkable turn of events, China's yuan has surged against the US dollar, hitting levels unseen in over four years. This strength is linked to a declining dollar and prevailing central bank strategies. Although the People's Bank of China set a midpoint lower than anticipated, its actions aim to moderate currency appreciation. Analysts believe the yuan's resilience may hinge on sustained export performance and domestic demand influences.
Prime Minister Narendra Modi announced new measures to promote cooperation with Poland in several key areas. These areas include defence, space, and nuclear energy, aiming to strengthen ties between the two nations. Modi emphasized the importance of the India-European Union Free Trade Agreement in broadening partnership opportunities. He highlighted India's growing economic strength over the last two years, which further supports this partnership.
