Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 went above 24,700, BSE Sensex was up over 200 points.
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A video showing women washing the feet of Miss World contestants at a Telangana temple has ignited controversy, with opposition parties accusing the state government of demeaning local women. The government defended the act as honoring guests in line with Indian tradition, but critics argue it's degrading and disrespectful, especially to women from marginalized communities.
A suicide car bombing in Pakistan's Balochistan province tragically killed at least four children and injured 38 others as it targeted a school bus. The attack, occurring in the Khuzdar district, is suspected to be the work of Baloch separatists, with the Balochistan Liberation Army (BLA) being a primary suspect.
Bangladesh has requested an additional $762 million from the IMF, potentially increasing total assistance to $4.1 billion. This request comes as the nation faces macroeconomic challenges, including slowed GDP growth and persistent inflation. The IMF's support is contingent upon Bangladesh undertaking critical reforms, such as exchange rate liberalization and tax improvements, to ensure financial stability.
Microsoft's Build 2025 event faced disruption as an employee, Joe Lopez, protested against the company's contracts with the Israeli government, shouting slogans like 'Free Palestine'. This follows similar protests at Microsoft's 50th-anniversary celebrations. Lopez, a Microsoft Azure veteran, claims the company's technology aids in harming Palestinian civilians, a claim Microsoft denies.
Dale Steyn criticised Chennai Super Kings' team management for their questionable batting order decisions in the IPL 2025 match against Rajasthan Royals. He questioned promoting bowlers like Ashwin and Jadeja ahead of power-hitters, as CSK struggled to 78/5. Dhoni admitted the team is now focused on preparing for the 2026 season after their elimination.
Royal Challengers Bengaluru, aiming for a top-two finish for the first time since 2016, will face Sunrisers Hyderabad in Lucknow. Aakash Chopra anticipates a low-scoring affair at the Ekana Cricket Stadium, favoring RCB despite SRH's potential to disrupt the playoff race. Virat Kohli's consistent form bolsters RCB's chances as they seek to regain momentum after a disrupted season.
Brokerage firms have issued varied ratings on several companies. CLSA downgraded IndusInd Bank due to incorrectly recorded interest income. Jefferies maintains a buy rating on LIC Housing Finance, citing in-line net profit. Citigroup recommends buying PB Fintech, noting its better-than-expected net profit.
Mayank Yadav's comeback to Lucknow Super Giants was cut short due to injury concerns, raising questions about his rehabilitation. Despite initial excitement, his pace dropped significantly, baffling the team. Sources suggest he was rushed back after limited bowling sessions at the BCCI's Centre of Excellence.
Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta recommends buying CDSL and Indian Bank. CDSL, with a buy range of Rs 1290-1270, targets Rs 1378, having broken a downward trend. Indian Bank, buy range Rs 570-580, aims for Rs 615, supported by its 40-day moving average.
During the IPL 2025 match between LSG and SRH, a heated exchange erupted between Digvesh Rathi and Abhishek Sharma after Rathi dismissed Sharma. Sharma, visibly upset by Rathi's celebration, was caught on camera uttering threats. This incident overshadowed impressive performances from Mitchell Marsh, Aiden Markram, and Nicholas Pooran for LSG, as well as Sharma's explosive innings for SRH.