#Business | Telangana launches new MSME policy, plans to spend Rs 4,000 crore in five years to develop sector ππ°
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Moneycontrol
Telangana launches new MSME policy, plans to spend Rs 4,000 crore in five years to develop sector
The policy also said of the five MSME parks to be constructed between ORR (Outer Ring Road) and RRR (Regional Ring Road), at least one will have dedicated support to facilitate MSME to acquire ZED (Zero Defect Zero Effect ) bronze certification
#MarketsWithMC | Trading Plan: Will Bank Nifty surpass 53,000 mark, Nifty 50 bounce back to 25,500? ππ
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https://www.moneycontrol.com/news/business/markets/trading-plan-will-bank-nifty-surpass-53000-mark-nifty-50-bounce-back-to-25500-12824898.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Trading Plan: Will Bank Nifty surpass 53,000 mark, Nifty 50 bounce back to 25,500?
The level of 25,250 is crucial to watch in case of a downward move. If the Nifty 50 closes below this level, a drop to 25,100-25,000 cannot be ruled out. However, in the case of an uptrend, the index needs to break through 25,500 for a sharp rally.
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Moneycontrol
Moneycontrol Daily: Your Essential 7
Here are stories covering a range of topics to keep you informed, provide you with some insights, as you start your day. Read important details from each article and follow the provided links to read more about each story.
#MarketsWithMC | Gift Nifty fails to hold Fed rate cut gains, trades flat; tracks S&P 500, Nasdaqβs rise and fall π
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https://moneycontrol.com/news/business/markets/gift-nifty-fails-to-hold-fed-rate-cut-gains-trades-flat-tracks-sp-500-nasdaqs-rise-and-fall-12824990.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Gift Nifty fails to hold Fed rate cut gains, trades flat; tracks S&P 500, Nasdaqβs rise and fall
On September 19, Gift Nifty was trading at around 25,400 in the early morning β nearly flat compared to the previous close. In US, the S&P 500 jumped 1 percent to an all-time high, but retreated to end 0.3 percent lower, driven by the US Fed rate cut.
#MarketsWithMC | πSensex, Nifty open at fresh record high; Nifty Bank crosses 53,000π
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https://www.moneycontrol.com/news/business/markets/stock-market-live-sensex-nifty-50-share-price-gift-nifty-latest-updates-19-09-2024-liveblog-12824961.html?telegram
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#MarketsWithMC | US Fed rate cut won't 'significantly impact inflows into India,' says Economic Affairs Secretary Ajay Seth
π΄Get live updates of FOMC hereπ
https://www.moneycontrol.com/news/business/business-news-live-hdfc-q2-results-reliance-infra-western-carriers-ipo-september-19-liveblog-12824957.html?telegram
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Moneycontrol
Business News Highlights: Power Grid wins bid to set up inter-state transmission system in Gujarat
Business News Highlights: Power Grid Corporation of India said on September 19 that it has been declared as the successful bidder for a transmission project in Gujarat. The company has emerged the preferred bidder against a tariff-based competitive biddingβ¦
π¨ Atishi set to take oath as Delhi Chief Minister on September 21.
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https://moneycontrol.com/news/india/atishi-set-to-take-oath-as-delhi-chief-minister-on-september-21-12825091.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://moneycontrol.com/news/india/atishi-set-to-take-oath-as-delhi-chief-minister-on-september-21-12825091.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Atishi set to take oath as Delhi Chief Minister on September 21
This transition follows Delhi Chief Minister Arvind Kejriwal's resignation, which he submitted to Delhi Lt Governor V.K. Saxena on Tuesday. Atishi, who was previously appointed as the Leader of AAP's legislature party, will now lead the formation of the newβ¦
π³οΈJammu Kashmir Elections 2024: Phase-1 turnout at 61.13%, Kishtwar highest at 80.14%
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https://www.moneycontrol.com/news/india/jammu-kashmir-elections-2024-phase-1-turnout-recorded-at-61-13-kishtwar-highest-at-80-14-12825095.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Jammu Kashmir Elections 2024: Phase 1 records 61.13% voter turnout, Kishtwar highest at 80.14%
The Inderwal Assembly constituency recorded a turnout of 82.16 percent, the highest in the first phase followed by Padder-Nagseni at 80.67 percent.
#TechWithMC | "India runs on WhatsApp. Itβs so integral to our daily life that many people use it as a proxy for the number of internet users in the country," says Meta India head Sandhya Devanathan.
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https://moneycontrol.com/technology/meta-india-head-sandhya-devanathan-on-why-india-is-a-key-market-for-whatsapp-business-ai-initiatives-article-12825094.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://moneycontrol.com/technology/meta-india-head-sandhya-devanathan-on-why-india-is-a-key-market-for-whatsapp-business-ai-initiatives-article-12825094.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Meta India head Sandhya Devanathan on why India is a key market for WhatsApp Business, AI initiatives
Sandhya Devanathan said that India is one of Meta's key priority markets for business messaging globally, with Click-to-WhatsApp revenue doubling in the country over the past year.
#MarketsWithMC | Vodafone Idea, Indus Towers shares locked at 10% lower circuit as Supreme Court upholds AGR ruling π
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https://www.moneycontrol.com/news/business/stocks/vodafone-idea-indus-towers-shares-locked-in-at-10-lower-circuit-as-supreme-court-upholds-agr-ruling-12825179.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Vodafone Idea, Indus Towers shares plummet 15% as Supreme Court upholds AGR ruling
According to IIFL Securities, the cash flow situation for Vodafone Idea is expected to become more challenging without relief from the court.
#MarketsWithMC | Mid-day Mood: Sensex, Nifty off day's high; broader markets under selling pressure π
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https://moneycontrol.com/news/business/markets/mid-day-mood-sensex-nifty-off-days-high-broader-markets-under-selling-pressure-12825189.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Mid-day Mood | Sensex, Nifty off day's high; broader markets under selling pressure
Only four of the major 13 sectoral indices were in the green, with nine falling into negative territory. Nifty Auto, Bank, and FMCG indices saw gains of 0.5-1.3 percent.
#TechWithMC | Chennai has emerged as the top city in terms of headcount addition to Global Capability Centres in FY24.
Here's more details π
https://moneycontrol.com/technology/chennai-tops-gcc-headcount-growth-in-fy24-hyderabad-bengaluru-follow-article-12825148.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://moneycontrol.com/technology/chennai-tops-gcc-headcount-growth-in-fy24-hyderabad-bengaluru-follow-article-12825148.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Chennai tops GCC headcount growth in FY24; Hyderabad, Bengaluru follow
Another trend worth noting is that Maharashtra has emerged as the only state in India with two citiesβMumbai and Puneβeach boasting a GCC headcount exceeding 2 lakh.
Karnataka likely to provide six days of paid menstrual leave annually for working women.
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Moneycontrol
Karnataka likely to provide six days of paid menstrual leave annually for working women
States such as Bihar and Odisha already have policies that allow women to receive paid leave during their menstrual cycle.
#TechWithMC | Axis Bank is closing in on Yes Bank as the largest payment service provider in UPI ecosystem.
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https://moneycontrol.com/technology/axis-bank-close-to-surpassing-yes-bank-as-largest-upi-payment-service-provider-article-12825228.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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https://moneycontrol.com/technology/axis-bank-close-to-surpassing-yes-bank-as-largest-upi-payment-service-provider-article-12825228.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Axis Bank close to surpassing Yes Bank as largest UPI payment service provider
Yes Bank has been the most favoured banker for fintechs and has been the largest payment service provider bank in the UPI ecosystem since 2020
#ClosingBellπ Sensex, Nifty retreat from record highs as Fed rate cut sparks mixed reactionsπ
More details here π
https://www.moneycontrol.com/news/business/markets/sensex-nifty-retreat-from-record-highs-as-fed-rate-cut-sparks-mixed-reactions-12825378.html?telegram
More details here π
https://www.moneycontrol.com/news/business/markets/sensex-nifty-retreat-from-record-highs-as-fed-rate-cut-sparks-mixed-reactions-12825378.html?telegram
#MarketsWithMC | Here are the top ten stocks that moved the most on 19 September π
https://www.moneycontrol.com/news/photos/business/markets/gainers-losers-stocks-that-moved-the-most-on-september-19-12825470.html?telegram has
https://www.moneycontrol.com/news/photos/business/markets/gainers-losers-stocks-that-moved-the-most-on-september-19-12825470.html?telegram has
Moneycontrol
Gainers & Losers: Stocks that moved the most on September 19
Indian equity indices ended on strong note led by bank, FMCG and realty names. Here are some of the stocks that moved the most in trade today.
#MarketsWithMC | Nifty, Sensex hold strong in choppy trade as broader Mid and Smallcap segment fallπ
More details here π
https://www.moneycontrol.com/news/business/markets/taking-stock-nifty-sensex-hold-strong-in-choppy-trade-as-broader-mid-and-smallcap-segment-fall-12825536.html?telegram
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https://www.moneycontrol.com/news/business/markets/taking-stock-nifty-sensex-hold-strong-in-choppy-trade-as-broader-mid-and-smallcap-segment-fall-12825536.html?telegram
Moneycontrol
Taking Stock: Nifty, Sensex hold strong in choppy trade as broader Mid and Smallcap segment fall
Domestic heavyweight sectors such as banking and FMCG witnessed buying, spurred by foreign investments and expectations of monetary easing by the RBI in October.
#MarketsWithMC | Nifty hits record high on Fed rate cut; to consolidate between 25,300-25,500
More details here π
https://www.moneycontrol.com/news/business/markets/technical-view-nifty-hits-record-high-on-fed-rate-cut-to-consolidate-between-25300-25500-12825461.html?telegram
More details here π
https://www.moneycontrol.com/news/business/markets/technical-view-nifty-hits-record-high-on-fed-rate-cut-to-consolidate-between-25300-25500-12825461.html?telegram
Moneycontrol
Technical View: Nifty hits record high on Fed rate cut; to consolidate between 25,300-25,500
Broader indices underperformed the main indices, with Nifty Midcap 100 index falling 0.6 percent and Nifty Smallcap 100 index down 1.2 percent.
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#MarketsWithMC | Nifty, Sensex hold strong in choppy trade as broader Mid and Smallcap segment fallπ
Hereβs your Market Wrap for the day!
For more details, check out π
https://www.moneycontrol.com/stocksmarketsindia/
Hereβs your Market Wrap for the day!
For more details, check out π
https://www.moneycontrol.com/stocksmarketsindia/