Nursing home operators say much of the problem comes from Illinois Medicaid reimbursement rate, which is lower than most other states and doesnt fully cover the cost of providing care.
Rajesh Bhosale from Angel One suggests a positive bias in the market, recommending a 'buy on dip' strategy. While cautiousness prevails due to Trump's trade policies and upcoming results, FMCG stocks are gaining traction, with selective counters poised for strong performance. Marico and L&T Finance are recommended as stock-specific picks with defined targets and stop losses.
Indias NSE played a pivotal role in Sebis crackdown on Jane Street, detecting suspicious expiry-day trades and supplying critical forensic data. Its proactive surveillance, caution notice, and analytical depth highlight the exchanges growing role in safeguarding market integrity amid rising algorithmic trading complexity.
Morgan Stanley projects Reliance Industries' market value could jump by $60 billion by integrating its new energy business with AI. RIL plans to transform its Jamnagar complex into an AI infrastructure hub, capitalizing on the AI boom and addressing data center energy needs. This includes powering 1GW of data center capacity with NVIDIA chips.
Cryogenic OGS IPO: Retail investors drove the demand, oversubscribing their portion by 239.90 times. Non-institutional investors subscribed 146.78 times, while the QIB segment saw a 12.91 times subscription.
Indian defence stocks experienced a decline on Monday due to profit booking and broader market weakness, interrupting a period of strong performance. While some stocks like DCX Systems and HAL saw gains, major players such as Paras Defence and Bharat Electronics faced losses. Analysts suggest valuations may be stretched, indicating a potential consolidation phase despite strong fundamentals and export opportunities.
JP Power Share Price: Jaiprakash Power Ventures Ltd. shares surged following a successful AGM held virtually on July 5, 2025. Key resolutions were approved, and Chairman Manoj Gaur addressed shareholders, boosting investor confidence. Technical indicators reveal strong bullish momentum, with the stock trading above all key SMAs and an RSI approaching overbought territory.
On its debut, Travel Food Services' IPO garnered a modest 2% subscription, with retail investors showing slightly more interest at 3%. Non-institutional investors accounted for 1% of the uptake, while participation from Qualified Institutional Buyers is still awaited. Previously, the company secured Rs 599 crore from anchor investors.
