Profit by knowlytics
India’s new 20-minute Closing Auction Session (CAS) absorbed a record $4.2 billion in MSCI-linked trades on Monday, but sharp price swings persisted despite the surge in volumes. Around 60 stocks hit their 3% price limits, highlighting concerns over thin liquidity and the lack of market makers, which could be crucial for the system’s long-term success.
Indian Stocks Open Lower as Oil Prices Surge and Rupee Strengthens
Li Auto reports August deliveries of 37,679 vehicles
Tim Cook has transitioned from Apple CEO to executive chairman after fifteen years. John Ternus now leads the company, taking over from Cook’s tenure. Cook joined Apple in 1998 when the company faced significant financial challenges. He defied peer advice and trusted his intuition to join Steve Jobs. This move proved pivotal for Apple’s eventual…
NIO reports 35,836 vehicle deliveries in August, up 14.5% YoY
Authorities have issued a stark warning about the rise of malicious pornographic applications lurking on social media platforms. These deceptive apps have the capability to hijack Android devices and pilfer sensitive financial information. Often disguised within ads on Facebook and Instagram, users are lured into downloading APK files that seek dangerous permissions.
WPP to cut up to 1,000 jobs by year-end amid AI-driven cost-cutting- FT
A 17-year-old girl seeking help after leaving home was gang-raped on a moving sleeper bus. Two men offered her a ride, then sexually assaulted her for about thirty kilometers. They abandoned the teenager near Kashmere Gate after the alleged crime. Police arrested the driver and conductor within hours of the complaint being filed. The incident…
Citizens now have the chance to submit claims and objections regarding the draft voter list. First-time voters who have just turned eighteen are encouraged to apply for their inclusion. Approximately 1.5 crore voters previously excluded can also reapply. To verify their names, voters can check online or visit district election offices, with forms available through…
The Deepa Jewellers IPO opened for subscription on September 1, with the Rs 459.72-crore issue comprising a fresh issue and an offer for sale. Priced at Rs 168–177 per share, the issue will remain open until September 3. With the IPO commanding a 31% grey market premium, investors are eyeing potential listing gains amid strong…