Saurav Das, Ashutosh Ranka Jail Reason: CJP leaders Saurav Das and Ashutosh Ranka have been sent to five days of judicial custody after Delhi Police detained them over their alleged entry into Jantar Mantar, which has been de-notified as a protest site. The action came days after their release on a one-year peace bond. Another CJP functionary, Ajinkya Shinde, has reportedly been released.
Five Nifty500 stocks that gained over 5% on October 13 featured in StockEdge’s White Marubozu scan, indicating strong buying momentum during the session.
A US federal judge has extended an order preventing the Trump administration from banning certain reporters from the White House. US District Judge Timothy Kelly ruled that CNN, MS NOW, and Politico have strong constitutional claims. The judge emphasized that concerns regarding the media's accuracy and fairness are valid. He ordered the restoration of the reporters' press credentials while the case continues.
Four NSE F&O stocks, including RBL Bank, Ujjivan Small Finance Bank, Tube Investments of India, and Hyundai Motor India, saw a surge of over 10% in futures open interest on October 13, according to StockEdge data. The rise signals fresh position building and increased trader activity in these counters.
Makhi Janta Party: A satirical page called Makhi Janta Party has taken its name from Chief Justice of India Surya Kant’s “hammer to kill a fly” remark in Supreme Court. It gains more than 3.4 lakh followers on Instagram within 72 hours, backs protester Neha Bora and says it wants to explore a common stand with Cockroach Janta Party.
Of the 1,09,30,795 equity shares allotted to anchor investors, 85,08,703 shares, or 77.84 per cent, were allocated to six domestic mutual funds through 15 schemes
Elon Musk's Starlink is under debate in India regarding its potential geopolitical influence and technological implications. The Kutniti Foundation's report warns that Starlink could undermine India's technological sovereignty and harm its New Space industry. Starlink is said to bypass local regulations to establish unregulated connections with users. India's Ministry of Communications has denied claims about blocking Starlink's licenses due to vested interests.
Indian jewellery stocks present a mixed picture ahead of the festive season. Despite rising gold prices and macro headwinds, Q2 business updates show robust revenue growth. With the festive calendar shifting demand to Q3, analysts weigh in on valuations, earnings trajectory, and top stock picks for H2FY27.
