Macros weigh on ecommerce sales; District CEO on growth plan
Happy Monday! Inflation and pricier inputs may take some shine off this year's ecommerce festive sales. This and more in today’s ETtech Morning Dispatch.
Happy Monday! Inflation and pricier inputs may take some shine off this year's ecommerce festive sales. This and more in today’s ETtech Morning Dispatch.
Issue opens today at Rs 768-807 price band
Sensex, Nifty, Share Prices Live: The trend has been up for the stock of PhysicsWallah since March. While it recently witnessed a correction in price, the chart shows formation of a new base at ₹123, where the 50-day moving average coincides. We expect the scrip to witness a fresh leg of rally on the back of this. In the near-term, the stock has the potential to rally to ₹155.
Bain Capital backed company raised ₹918.27 crore from anchor investors
Australian outdoor advertising company oOh!media has agreed to be acquired by infrastructure investor I Squared Capital for A$1.04 billion, including debt. The deal values its equity at about A$898 million, with shareholders receiving A$1.70 per share.
From Signature Global’s ₹920-crore construction contracts to IndusInd Bank’s RBI approval for a stockbroking subsidiary, today’s watchlist features major updates across real estate, banking, pharma, railways and clean energy, with NBCC, RITES and Emcure Pharma also in focus.
The Nifty index has moved past a significant resistance level, indicating potential further gains. Analysts suggest buying opportunities on dips for the Nifty index. Hindustan Aeronautics and Artemis Medicare are highlighted as top stock picks for the week. Union Bank of India and Mahindra & Mahindra also present strong buying prospects. State Bank of India and Amara Raja Energy & Mobility show strengthening momentum.
West Bengal Transport Minister Arjun Singh said the BJP had no role in the alleged attack on former Chief Minister Mamata Banerjee’s convoy, claiming protesters acted over alleged demolition and looting of their homes. BJP leaders condemned the stone-pelting, while TMC leaders called it a targeted attack and accused BJP workers of involvement.
Student protesters will hold a ‘Vidhan Sabha Gherao’ march in Ranchi on Monday, demanding cancellation and CBI probes into JSSC-CGL and other exams over alleged recruitment irregularities. Security has been tightened, with razor fencing and restrictions near the Assembly. The state government has announced CID and ED probes, but students continue demanding a CBI inquiry.
The average basket of 21 essential school supplies costs $173.45, a 7.7% increase from last year.
But if their batting order gets it together in time for October, Cam Schlittler showed again in Sunday’s 2-1, 10-inning loss to Atlanta that he looks to be up to the task of shutting down a postseason-worthy lineup.
Iranian President Masoud Pezeshkian has appointed former Revolutionary Guards commander Mohsen Rezaei to head the Supreme National Security Council, replacing Mohammad Bagher Zolghadr. Rezaei, who led the Guards during most of the Iran-Iraq war, previously served in senior political and military roles and has stressed the strategic importance of controlling the Strait of Hormuz.
“It’s so sad, so sad. We are in California, the best state in the United States, right?”
Jones played "Cooter" on the series "Dukes of Hazzard" and also represented the state of Georgia during two terms in Congress
Europe's stock market is experiencing a robust rally, attracting significant investor interest. Strong earnings growth and improving economic momentum are underpinning this surge, with key indices hitting all-time highs. Money managers are increasingly optimistic, seeing this as a durable shift rather than a fleeting trend, driven by improved fundamentals and a broader market uplift.
President Donald Trump has named Will Scharf as the next White House counsel, replacing David Warrington from September 1. Scharf, a former federal prosecutor and Trump lawyer, helped secure approval for the administration’s controversial $400 million White House ballroom project and will take charge of legal matters ahead of the 2026 midterm elections.
Parents should not have to buy more than three branded items, plus a tie for secondary schools.
The fraudsters told their mark they couldn't collect a lottery jackpot because of their immigration status, cops said.