Rupee opens 46 paise higher against US dollar ahead of RBI Policy

ICICI Securities has initiated coverage on Vedanta Aluminium Metal (VAML) with a ‘Buy’ rating and a target price of Rs 520, implying over 19% upside. The brokerage expects strong earnings growth, driven by favourable aluminium prices, higher volumes, backward integration and lower costs. It also sees robust cash generation, debt reduction and long-term expansion supporting…

A special court sentenced a 35-year-old man to ten years imprisonment for assaulting his niece. The deaf-mute minor survivor communicated her ordeal through gestures and written statements. Her testimony, facilitated by an interpreter, proved crucial in the trial proceedings. The court ordered the Rs 1 lakh fine to be paid as compensation to the survivor….

On August 4, four stocks in the Nifty500 closed more than 2% above their Volume Weighted Average Price (VWAP), according to StockEdge’s technical scan data. A close above the VWAP is considered a bullish signal, indicating stronger buying momentum during the session and the potential for further upside.