 |
|
|
|||||
Microsoft has officially ceased its operations in Pakistan after 25 years, citing economic instability and political turmoil as key factors. The decision follows a period of declining trade conditions, high taxes, and difficulties in tech imports. Former President Alvi linked the exit to missed investment opportunities due to regime change, highlighting a shift towards Vietnam for expansion.
Category:
News and Media
CA Rudramurthy BV advises buying on dips in Nifty until it stays above 25,000, with 25,200 as strong support. He suggests similar strategy for Bank Nifty above 56,000, anticipating positive Q1 results to drive market highs. Top sector picks include Defence (BEL, HAL), Pharma (Divis Labs, Laurus Labs, Biocon), and PSU banks (SBI, PNB).
Category:
News and Media
Angel One shares: As of June 2025, the client base reached 32.47 million, marking a 31.3% increase year-on-year and a 1.6% rise from the previous month. Gross client additions for the month were 0.55 million, up 9.3% compared to the previous month but down 41.5% year-on-year.
Category:
News and Media
Bosch shares surged nearly 3.5% following a regulatory disclosure regarding a customs order. The company faces a duty demand and penalty totaling Rs 96 crore related to import duty benefits and incorrect classification of automotive components. Despite this financial impact, strong investor interest propelled the stock, with technical indicators suggesting it may be overbought.
Category:
News and Media
Paras Defence and Space Technologies shares rose over 8% on Friday. This followed a 1:2 stock split. The company's market capitalisation is now Rs 7,442.64 crore. The stock split became effective on July 4. It aimed to boost liquidity and attract more retail investors. The stock's RSI indicates neutral momentum.
Category:
News and Media