Stock market crash: Sensex plunges 888 points, Nifty below 19,750. Infosys tanks 8%; IT loses 4 percent
The two main stock benchmarks, Sensex and Nifty, fell on Friday due to a weak Q1FY24 report from Infosys, triggering a drop in IT stocks and earnings booking. The S&P BSE Sensex dropped 888 points, (1.3 percent) to end the session at 66,684. During intraday trading, Sensex plunged over 1,000 points to hit a low of 66,534. On the other hand, the NSE Nifty50 settled at 19,745, down 234 points (1.17%). He played a minimum of 19,700. On the 30-stock Sensex platform, Infosys plunged 8.18 percent as the IT company’s sharp downward revision to its growth guidance took most brokerages by surprise. HUL, HCL, Reliance, Wipro, TCS, TechM were among other prominent losers. On the other hand, L&T, NTPC, SBI, Kotak Bank, Tata Motors and ICICI Bank emerged as the winners.
Go First obtains DGCA approval to resume flight with certain conditions
The General Directorate of Civil Aviation (DGCA) said on Friday that it had approved Go First’s plan to restart operations with 15 aircraft and 114 daily flights, subject to certain conditions. Low-cost carrier Go First, which stopped flying on May 3, is undergoing insolvency resolution proceedings. In a statement, the aviation regulator said the airline’s resumption plan to operate 15 aircraft and 114 daily flights had been reviewed and accepted. “Go First may resume scheduled flight operations upon availability of interim funding and flight schedule approval by the DGCA. In addition, Go First has been directed to ensure compliance with all applicable regulatory requirements, ensure continued airworthiness of aircraft engaged in operations, and subject all aircraft to satisfactory flight handling prior to deployment to flight operations,” the aviation regulator’s notice stated.
Why stock investing is gaining traction among novice investors
Want to generate wealth? Investing in the stock market may be the best option for you. However, for a beginner, investing in the stock market is not an easy task. It requires a good understanding of the stock and stock market, plus many other things. Investing in the stock market can be both exciting and challenging. For a novice investor, knowledge about stocks, stock market, regulatory guidelines and patience is required before investing. Lately, stock investing is gaining traction among beginners, and the data collected by the two main depositories, the Central Depository Service (CDSL) and the National Securities Depository (NSDL), just prove the point. The total number of active dematerialized (Demat) accounts in India surpassed 120 million for the first time in June. Data collected in that month saw an addition of 2.36 million new accounts, marking the biggest monthly increase since May 2022. The total demat count surpassed 120.51 million, up 2% from the previous month and 24.41% from the previous year.
TECHNOLOGY
iPhone 15 launch will be delayed
The launch of the next iPhone 15 lineup could be delayed until October, according to a Bank of America (BoA) analyst. Wamsi Mohan, global securities analyst at BoA, said that the official launch of the iPhone 15 series could be delayed by “a few weeks”, which means we won’t see the launch of the iPhone 15 series in September. Mohan, in a research note shared with Barrons, mentioned that the launch could take place in the fourth quarter (Q4) of 2023.
Netflix ends password sharing in India
Netflix recently took a significant step forward in India by implementing a policy to end password sharing, limiting account access to only members of a “Family”. The company’s decision is part of a broader global crackdown on password sharing beyond immediate family members, aimed at boosting revenue after a challenging period last year. In May, Netflix announced its determination to curb this practice and the results were encouraging.
Galaxy Z Fold 5 and Galaxy Z Flip 5 will be thinner: Samsung
We are just days away from the Galaxy Unpacked event where Samsung is scheduled to unveil its high-end foldable smartphones and now, a top Samsung executive has revealed key details of the upcoming Galaxy Z Flip 5 and Galaxy Z Fold 5 ahead of the Unpacked launch event. According to TM Roh, president and head of MX business at Samsung Electronics, the company “has raised the bar for foldable smartphone ergonomics”. The portability of Samsung’s foldable phones has attracted a lot of interest in recent weeks following the launch of Google’s first foldable phone, the Google Pixel Fold. Even though there are similarities between the Galaxy Z Fold 4 and the Pixel Fold, the latter is 0.2 inches thinner.
IND v PAK: India could face Pakistan three times in 2023 AFC Asian Cup.
The 2023 edition of the Asia Cup, a six-team ODI tournament, will start from 30 August in Multan. If Pakistan and India qualify for the Super 4 round of Group A, they will meet for the second time on September 10 in Colombo. The top two Super 4 teams will qualify for the Asian Cup final and if Pakistan and India book their spots for the summit clash in Colombo on September 17th, fans will be able to watch the IND v PAK match for the third time in 15 days.
Lionel Messi debuts for Inter Miami with a free kick in extra time against Cruz Azul
Lionel Messi is widely regarded as one of the best players to ever play football. The seven-time Ballon d’Or winner and World Cup winner with Argentina showed why he is so highly rated on his Inter Miami debut in the 2023 League Cup opener against Cruz Azul at DRV PNK Stadium in Florida. Coming on as a second-half substitute, Messi was on the field in the opening minutes, creating chances and delivering some magical passes, but it was in the final minutes of the match, with the score tied 1-1, that he made a real impact with a winning free-kick.
BCCI shares fitness update of five Indian players including Jasprit Bumrah and Rishabh Pant
The Board of Control for Cricket in India (BCCI) on Friday shared updates on the medical and physical status of five players, including Jasprit Bumrah, Prasidh Krishna, KL Rahul, Shreyas Iyer and Rishabh Pant, who are currently undergoing rehabilitation at the National Cricket Academy in Bengaluru. Pacemakers Jasprit Bumrah and Prasidh Krishna are in the final stages of the rehabilitation process. According to the board, they have been playing with full intensity in the nets. They will also participate in the training games organized by the NCA. India’s star player Rishabh Pant also made progress and started hitting and scoring in the nets. Talking about KL Rahul and Shreyas Iyer, they also started hitting the nets and are currently focusing on their strength and fitness exercises.
‘We can’t confirm it’s ours unless we analyze it’ says ISRO chief Somanath of mystery object on Australian beach: report
The head of the Indian Space Research Organization (ISRO), S Somanath, said there was “no mystery” about the fact that the object that washed up on an Australian beach a few days ago was “part of some rocket”. However, he also said that India cannot confirm whether the object is part of an Indian rocket unless the country analyzes it, the BBC reported on Wednesday. “We cannot confirm that it is ours unless we analyze it,” the ISRO chief said. The mysterious dome-shaped object was discovered on July 15, 2023, near the beach in Green Head, Western Australia, about 250 kilometers north of the city of Perth.
Gaganyaan: ISRO successfully tests service module propulsion system. know its meaning
Gaganyaan Mission: The Indian Space Research Organization (ISRO) successfully tested the Gaganyaan Module Propulsion System (SMPS) on July 19, 2023, an important achievement for the performance of the orbiter module. The test was conducted at the ISRO Propulsion Complex in Mahendragiri and involved five liquid apogee engines, the Indian space agency said on its website. Liquid apogee engines are chemical rocket engines used as the main engine in a spacecraft. This engine is controlled by two electrically actuated valves that provide thrust.
Oppenheimer: the father of the atomic bomb and the subject of Christopher Nolan’s film
Julius Robert Oppenheimer, the theoretical physicist on whom Oppenheimer’s latest film, Oscar-nominated Christopher Nolan is based, lived a life of triumph as well as tragedy. Known as the ‘Father of the Atomic Bomb’, Oppenheimer served as director of the Manhattan Project laboratory in Los Alamos, New Mexico, where the atomic bomb was designed. Nolan’s film is an adaptation of the Pulitzer Prize-winning book American Prometheus: The Triumph and Tragedy of J. Robert Oppenheimer, a 2005 biography written by Kai Bird and Martin J Sherwin. The nuclear weapons developed by Oppenheimer through the Manhattan Project helped to end World War II. It was the first and only time such destructive weapons were used in conflict.
ENT
Uorfi Javed faces harassment from ‘drunk’ men on a flight, shares story
Uorfi Javed recently flew from Mumbai to Goa. Uorfi was spotted by the paparazzi in a brand new look on Thursday night after dying her hair pink before leaving for Goa. Her vacation was a little disturbing as some ‘drunk’ men ridiculed, harassed and teased her when she was in economy class. She posted a clip of the group on her Instagram story and said it’s not “public property.”
Mouni Roy was discharged from the hospital after 9 days; Shares Thank You Note to Husband Suraj Nambiar and Close Friends
Mouni Roy, who has been quiet on social media for some time, updated her fans on her health. It seems that the ‘Brahmastra’ actor was hospitalized and spent 9 days there. The actress shared a thank you note to her close friends and her husband Suraj Nambiar. Mouni also shared a photo gallery which also shows a gout in his hand and its recovery time.
Project-K is now ‘Kalki 2898 AD’; Teaser video features Deepika Padukone and Prabhas in intense look
The creators of ‘Project K’ surprised fans with the glimpse of their highly anticipated film, now officially titled ‘Kalki 2898 AD’. This cinematic masterpiece has been hailed as a seamless fusion of science fiction and unprecedented storytelling, setting new standards for the genre. In the new teaser video, viewers can catch a glimpse of Deepika Padukone and Prabhas in a futuristic setting. The film’s premise, set in the far future of 2898 AD, seamlessly blends futuristic elements with a rich narrative.