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'Mid, smallcap earnings growth to pip Nifty'

April 25, 2024 - 9:11am
Categories: Business News

JEE Main: 25% of toppers from this state

April 25, 2024 - 8:52am
The release of the JEE Main 2024 Results marks a significant milestone for aspiring engineers across the nation. The National Testing Agency (NTA) has unveiled the outcome of this rigorous examination, showcasing the achievements of numerous students. Among them, an impressive 56 candidates have attained the elusive 100 percentile, signifying their exceptional performance in the test.Telangana emerges as a frontrunner in this year's results, with 15 of its students clinching the coveted 100 percentile. Following closely behind are Maharashtra and Andhra Pradesh, each contributing 7 top scorers, while Delhi boasts 6 achievers in this prestigious list.Since 2019, the responsibility of administering the Joint Entrance Examination (JEE Main) has rested with the NTA, under the aegis of the Department of Higher Education, Ministry of Education, Government of India. The transition ushered in a shift to Computer-Based Testing (CBT) for Paper 1 (B.E. / B.Tech.), enhancing efficiency and accessibility for examinees.This year's examination was conducted in a diverse array of languages, catering to the linguistic diversity of the country. Candidates could opt for one of the 13 languages, including Assamese, Bengali, Gujarati, Malayalam, Punjabi, Tamil, Urdu, and more.Spanning across 571 examination centers in 319 cities, including 22 international locations, the JEE Main 2024 Session 2 witnessed widespread participation. Similarly, Session 1 encompassed about 544 centers in 291 cities, facilitating candidates' access to the examination.NTA Scores, normalized across multiple sessions, provide a fair assessment of candidates' performance relative to their peers. The percentile score offers insight into an individual's standing within the candidate pool, reflecting the percentage of examinees who achieved equal to or lower scores.The meticulous process ensures that each shift's topper receives the coveted 100 percentile, maintaining the integrity and fairness of the evaluation. Additionally, the conversion of raw scores into percentiles enables a comprehensive understanding of candidates' performance spectrum. JEE Main Results 2024 Toppers - 100 percentile scoreThese candidates have received 100 NTA Score in Paper 1 (B.E./B.Tech.)Gajare Nilkrishna Nirmalkumar MaharashtraDakshesh Sanjay Mishra MaharashtraAarav Bhatt HaryanaAaditya Kumar Rajasthan Hundekar Vidith TelanganaMuthavarapu Anoop TelanganaVenkata Sai Teja Madineni TelanganaChintu Sateesh Kumar Andhra PradeshReddi Anil TelanganaAryan Prakash MaharashtraMukunth Prathish S TamilnaduRohan Sai Pabba TelanganaSriyashas Mohan Kalluri TelanganaKesam Channa Basava Reddy Telangana Murikinati Sai Divya Teja Reddy TelanganaMuhammed Sufiyan MaharashtraShaik Suraj Andhra PradeshMakineni Jishnu Sai Andhra PradeshRishi Shekher Shukla TelanganaThotamsetty Nikilesh Andhra PradeshAnnareddy Venkata Tanish Reddy Andhra PradeshHimanshu Thalor RajasthanThota Sai Karthik Andhra PradeshTavva Dinesh Reddy TelanganaRachit Aggarwal Punjab Vedant Saini ChandigarhAkshat Chaplot RajasthanParekh Meet Vikrambhai GujaratShivansh Nair HaryanaPriyansh Pranjal JharkhandPranavanand Saji OtherHimanshu Yadav Uttar PradeshPratham Kumar BiharSanvi Jain KarnatakaGanga Shreyas TelanganaMurasani Sai Yashwanth Reddy Andhra PradeshShayna Sinha DelhiMadhav Bansal DelhiPolisetty Ritish Balaji TelanganaVisharad Srivastava MaharashtraSainavaneet Mukund Karnataka Tanay Jha DelhiThamatam Jayadev Reddy TelanganaKanani Harshal Bharatbhai GujaratYashneil Rawat RajasthanIshaan Gupta RajasthanAmogh Agrawal KarnatakaIpsit Mittal DelhiMavuru Jaswith TelanganaBhavesh Ramakrishnan Karthik DelhiPatil Pranav Pramod MaharashtraDorisala Srinivasa Reddy TelanganaArchit Rahul Patil MaharashtraArsh Gupta DelhiN Shriram TamilnaduAadeshveer Singh Punjab
Categories: Business News

Where to invest in E-M-I basket going forward

April 25, 2024 - 8:50am
Categories: Business News

Big movers on D-Street: What should investors do with SAIL, MCX and Tata Elxsi?

April 25, 2024 - 7:52am
Equity indices ticked higher for the fourth straight session on Wednesday, helped by positive trend in global equities. The 30-share Sensex climbed 114 points to settle at 73,852 and the Nifty advanced 34 points.Stocks that were in focus included names like SAIL, which rose 7.36%, MCX, which was down 4.63%, and HUL, whose shares declined 4.65% on Wednesday.Here's what Riyank Arora, Technical Analyst at Mehta Equities, recommends investors should do with these stocks when the market resumes trading today.SAILThe stock has given a good breakout above its 52-week high mark of 157.40 and successfully managed to close above the same.With the RSI (14) on daily charts at 72, the overall momentum looks strong on the stock, and we can expect higher levels of 170 and 175. It is advisable to keep a trailing stop loss near the 160 mark for all existing long positions on the stock.MCXThe stock touched its all-time high resistance mark of 3990.00 and has been consistently facing selling pressure at higher levels.With significant selling pressure observed at higher levels and an immediate support level at 3660, this level should act as a stop loss for all existing long positions. On the upside, the profit booking zone should ideally be around the 3900-3950 mark.Tata ElxsiThe stock witnessed significant profit booking at higher levels after it declared its quarterly numbers. A minor support level is placed at 6990, below which the next support is expected near 6600 levels.An immediate resistance is seen near the 7600 mark, above which the next resistance is around 8100 levels. Overall, the risk-reward ratio looks favorable for buying at present levels with a set stop loss at 6900.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Categories: Business News

Top tech and startup stories of the day

April 25, 2024 - 6:59am
Categories: Business News

Lenskart eyes $200 mn from Temasek, Fidelity

April 25, 2024 - 6:01am
Categories: Business News

MongoDB gets set for big India play

April 25, 2024 - 6:00am
Categories: Business News

Delaporte joins other CEOs in costly exits

April 25, 2024 - 6:00am
Categories: Business News

Flipkart’s FireDrops seeks more use cases

April 25, 2024 - 6:00am
Categories: Business News

With bulls dancing, many more join Street party

April 25, 2024 - 5:59am
The record-breaking rally in Indian equities in recent years has resulted in investors coming into the stock market in hordes. The broadening of the shareholder base in several stocks is a reflection of the appetite for stocks. For instance, five stocks, NHPC, Indian Renewable, IRFC, Yes Bank, and HDFC Bank, collectively added 75 lakh investors during the quarter ending March 2024. NHPC led the pack with a substantial influx of 23 lakh new investors. The government sold a 3.5% stake in NHPC through an offerfor-sale (OFS) in January, and the offer was subscribed 1.4 times. Yes Bank added 11.6 lakh investors, representing nearly 23% of the total additions, while Suzlon Energy saw an addition of 8.4 lakh new investors. 109577091The shareholder base of nine companies including Indian Renewable, NBCC, SJVN, Alok Industries, Tata Tech, Indian Overseas Bank, South Indian Bank, Power Grid Corp, and Asian Paints, crossed one million during the March quarter. Yes Bank, with 61.55 lakh investors, topped the chart with the highest number of investors, followed by Tata Steel and Tata Motors, with 47.17 lakh and 46.17 lakh investors, respectively. Union Bank added 266 foreign portfolio investors in the March quarter while Punjab National Bank and GMR Airport have added 245 and 237 FPIs during this period
Categories: Business News

How NRIs helping elevate India's realty play

April 25, 2024 - 1:09am
NEW DELHI: Non-resident Indians (NRIs) are contributing nearly a fourth to the total residential sales at large developers, up from 7-10% before the pandemic, as top cities continue to see price appreciation and rising demand. According to developers and brokerage firms, the US, Singapore, the UAE, Australia and Saudi Arabia have emerged as big markets for them and they have dedicated teams to help buyers in selecting the projects. According to market sources, the country's biggest developer DLF in its last project Privana South in Gurugram, had achieved 25% share (about ₹1,800 crore) in NRI sales.Overall, during fiscal year 2023-2024, sales from NRI investors surpassed ₹3,400 crore for DLF, which is almost 20% of total sales."The US has outpaced other countries by a significant margin in terms of demand and transaction. Demand has also increased from NRIs based in Singapore, the UAE, Australia, and Saudi Arabia. To provide some context, the average ticket size of investments from NRIs varies from country to country," said Saurabh Garg, co-founder & chief business officer at NoBroker.com.According to the company, during the fiscal 2019-2020, NRIs were estimated to account for approximately 10% of the total investments in the Indian real estate market. However, in the subsequent years, this figure has seen an upward trajectory."We have received a robust response, particularly from regions like Dubai, Abu Dhabi, London, Singapore, Hong Kong and the US with significant inquiries and investments. NRIs have played a pivotal role, contributing nearly 20% to our growth," said Amar Sarin, MD and CEO of TARC Ltd.NoBroker has closed major deals of ₹2 crore from the US and six deals of over ₹4 crore. In some cases, buyers are willing to come back to India because of the job market."The residential segment in real estate has seen higher levels of interest from NRIs and resultant increase in sales from this segment. Global geopolitical realities combined with post-pandemic consumer preferences has created a strong propensity to own a house back home," said Kalyan Chakrabarti, CEO, Emaar India. A recent survey by India Sotheby's International Realty indicated that a larger number of high net-worth individuals (HNIs), many of them NRIs, are planning to purchase luxury real estate in the country in the next two years. NRIs see this as a good time to invest in large properties back home. The appreciation of the dollar against the Indian rupee is making it easier for NRIs to invest in homes in India. The share of NRIs in local residential real estate has more than doubled after the pandemic.
Categories: Business News

Battery recycling shatters the myth of EV waste

April 25, 2024 - 12:53am
Categories: Business News

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