Amit Gupta

Hong Kong stock market shows decline in Hang Seng Index and surge in SMIC, with semiconductor stocks rising

Hong Kong Stock Market Recap: Hang Seng Index Drops 1.22%, Semiconductor Stocks Surge with SMIC Leading the Charge

On January 7, 2025, Hong Kong stock market experienced a dramatic shift, with the Hang Seng Index ending the day 1.22% lower. However, the decline wasn’t as sharp as it appeared earlier in the day, as the markets made a solid recovery during afternoon trading. Notably, semiconductor stocks saw a significant uptick, with the Semiconductor…

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Investors protest outside Torres Jewellery in Mumbai over unpaid returns from fraudulent investment schemes, with the company blaming its CEO for the scam.

5 Key Reasons Torres Jewellery Scam Led to Investor Protest in Mumbai – Unpaid Returns and Fraud Allegations

A significant number of investors gathered outside the Torres Jewellery office in Dadar, Mumbai, after the company failed to deliver on the promised returns for its investment schemes. The crowd expressed their frustration and disappointment, demanding refunds for their investments, some of which had been made months ago. This situation has sparked considerable attention as…

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Taxpayers face issues claiming the Section 87A rebate on STCG income due to a technical glitch in the income tax e-filing system.

Critical ITR Filing Glitch: Section 87A Rebate Unavailable for Taxpayers – Urgent Action Required!

The Income Tax e-filing portal’s recent updates to the ITR-2 and ITR-3 forms have failed to resolve a significant issue preventing taxpayers from claiming the Section 87A rebate on Short-Term Capital Gains (STCG) income. With the revised ITR filing deadline of January 15, 2025, approaching quickly, eligible taxpayers continue to face uncertainty and complications in…

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Top 3 Best Stock Picks for This Week by Motilal Oswal, including Mahindra & Mahindra, Kalyan Jewellers, and PolicyBazaar for potential growth.

Top 3 Best Stock Picks for This Week by Motilal Oswal: M&M, Kalyan Jewellers, and PolicyBazaar

The Indian stock market faced significant turbulence on January 6, 2025, with both the Sensex and Nifty 50 indices seeing sharp declines. The market drop, fueled by investor concerns over a new virus outbreak in China, led to widespread selling. Despite this, Motilal Oswal has identified the Top 3 Best Stocks to buy this week,…

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NFRA fines Deloitte ₹2 crore for audit lapses in Zee Entertainment financial statements.

NFRA Slams Deloitte with ₹2 Crore Fine for Serious Audit Lapses in Zee Entertainment Case

The National Financial Reporting Authority (NFRA) has recently imposed a penalty of ₹2 crore on Deloitte for failing to adhere to auditing standards while auditing Zee Entertainment Enterprises Ltd (Zee) for the financial years 2018-19 and 2019-20. This fine comes after an in-depth examination of Deloitte’s audit files, revealing significant lapses in their auditing practices…

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Parmeshwar Metal IPO and Davin Sons Retail IPO - Investment Opportunities

Unlock Profitable Investment Opportunities: Parmeshwar Metal IPO & Davin Sons Retail IPO Updates 2025

Are you looking to capitalize on some exciting investment opportunities? The Parmeshwar Metal IPO and Davin Sons Retail IPO are both generating a lot of buzz in the market. As these two IPOs move closer to their listing dates, it’s crucial to stay informed about key details like subscription status, listing dates, and the potential…

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Standard Glass Lining IPO 2025: Overview of the latest mainboard IPO offering, its business model, and investment potential.

Standard Glass Lining Technology IPO Opens Today Key Details for Investors

The much-anticipated Standard Glass Lining Technology IPO kicks off today, January 6, 2025. This Hyderabad-based company, specializing in manufacturing engineering equipment for the pharmaceutical and chemical industries, is offering shares within a price range of Rs 133-140 per share. The IPO aims to raise Rs 410.05 crore, with subscriptions closing on January 8, 2025. If…

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Technical chart of M&M stock showing Symmetrical Triangle pattern with breakout levels and key resistance at Rs 3,100.

M&M Stock: Poised for a Breakout? Key Technical Analysis Insights You Should Know 2025

Mahindra & Mahindra, M&M stock is currently on the verge of an exciting breakout, with key technical indicators pointing towards a potential upward movement. For short-term traders, this could be an attractive opportunity, especially with the stock forming a Symmetrical Triangle pattern. Analysts suggest that if M&M stock manages to close above the critical level…

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