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Impeached South Korean President Yoon Suk Yeol refused additional questioning following his dramatic arrest over a controversial martial law declaration. The Constitutional Court continues its trial to determine his impeachment status, with potential for extended detention. Yoon's legal team emphasized health concerns for non-attendance and challenges against the investigation's legality.
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News and Media
The Dixon Technologies stock rebounded from its support near Rs 15,953, with resistance around Rs 17,295. It trades below its 20-day and 50-day EMAs of Rs 17,391 and Rs 15,869, signalling short-term weakness. However, staying above the 100-day EMA at Rs 14,417 reflects medium-term support, suggesting potential stability despite recent challenges in the shorter timeframe.
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News and Media
Haldiram's stake sale has been under discussion for years, attracting many bidders due to the company's leading position in India's snack industry. Meanwhile, AkzoNobel's paint division sale may see interest from Pidilite and Berger. Rising palm oil prices challenge players like Bikaji, who rely heavily on this raw material. Stakes are high in the competitive paint and snack markets.
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News and Media
Abneesh Roy from Nuvama shares insights on the expected impact of the Union Budget on consumption. He is positive on Trent's prospects in the retail sector. Roy discusses challenges in the QSR sector and highlights valuation comfort for companies like Swiggy. The outlook for FMCG and quick commerce is seen as promising, with a focus on e-commerce and discretionary spending.
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News and Media
NASA's Mars Reconnaissance Orbiter captured a photo of frozen sand dunes in Mars' northern hemisphere. Taken in September 2022, the photo shows the dunes covered in carbon dioxide frost. The frost halts their movement and studying these changes can help predict past conditions on Mars.
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News and Media
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