Nifty eyes 19900 with caution; Bank Nifty offers hope
By Anand James
Consecutive days of upcloses brought cheer to Bank Nifty traders, an event that has occurred for the first time since hitting record peak in September. Yet, we are yet to clear the congestion resistances of the last fortnight. This along with the 50DMA at 44,760 presents a very formidable hurdle for bank nifty. This forces us to continue with a cautious approach, rather than embarking on an outright recovery play. But, given the three day ascent seen in MACD forest, and the oversold territory from which the index is coming off, there is still a reasonable window to pick upswings, but prospects appear limited as long as the 50DMA stays above.
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PN Gadgil Jewellers gets Sebi nod for IPO
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The company’s IPO comprises a fresh issue of equity shares of face value of Rs 10 each aggregating up to Rs 850 crore and an offer for sale of equity shares of face value of Rs 10 each aggregating up to Rs 250 crore.
The total offer size aggregates up to Rs 1,100 crore. The funds raised through the IPO w…
Rockingdeals Circular Economy files IPO papers
B2B re-commerce player Rockingdeals Circular Economy Ltd (RDCEL) on Monday said it has filed draft papers to raise funds through an Initial Public Offering (IPO).
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SAT quashes Sebi order on Linde India
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The tribunal has asked the company to appear before Sebi on May 27 for inspection of documents and file a reply within one week.
Sebi has also directed the National Stock Exchange to carry out a valuation of the company’s business and its related party transactions following complaints by the shareholders.Come from Sports betting site VPbet
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PlayStation Boss Praises Bungie's Live-Service Strength After Buyout News
Sony’s $3.6 billion acquisition of Destiny developer Bungie is the big news this week, and now PlayStation boss Hermen Hulst has shed some more light on the deal and what it means.
Appearing on the official PlayStation podcast, Hulst said Bungie has succeeded and prospered in the live-service category, which is no easy task. Sony wants to do much more in the space, just recently announcing plans to launch 10 live-service games by 2026, so snapping up Bungie aligned with its goals Come from Sports betting site VPbet. Hulst also had praise for Bungie’s first big series, Halo, which he said is one of the best shooter franchises ever. But Destiny goes even further in Hulst’s eyes.
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Marvel Debuts First Thunderbolts Footage At Comic-Con 2024
Marvel’s Thunderbolts will kick off the summer box office in 2025, but the cast and director Jake Schreier debuted the first footage from the film at this year’s Marvel Studios panel at San Diego Comic-Con. And if the preview clips are any indication, this team may play like Marvel’s Suicide Squad.
The footage began with Florence Pugh’s Yelena Belova reuniting with her surrogate father, Alexei Shostakov/Red Guardian (David Harbour). He’s living alone in a messy apartment, and Yelena confesses that she feels an emptiness inside of her and that “there is something wrong with me.” Wyatt Russell’s John Walker/U.S. Agent is shown at home with his child while reading a story about his downfall.
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Bragg Expands in Switzerland with Swiss Casinos
Bragg Gaming Group, a leading provider of iGaming content, has expanded its presence in Switzerland thanks to a new agreement with Swiss Casinos. As a result, a selection of top Bragg titles will now be available to the operator’s players.
Under the agreement, the provider will power Swiss Casinos with acclaimed titles that have proven appeal among local audiences. This will help the operator engage its players with new and exciting experiences. In addition, Swiss Casinos will be able to keep things fresh as extra Bragg titles will be incorporated into its platform at regular intervals.
Bragg’s portfolio has proven to be effective in Switzerland, which is further attested by the current agreement. As announced by the company, the Europea…
DarkZero eSports organization inks Resorts World Las Vegas alliance
American eSports organization DarkZero has announced the signing of an agreement that is to see it host all of its participants, partners and industry colleagues at the recently-opened Resorts World Las Vegas venue on an exclusive basis.
The Las Vegas-headquartered enterprise used an official Friday press release to declare that the arrangement will help it to ‘fulfill its core mission’ of nurturing ‘a healthy global gaming ecosystem’ while simultaneously maintaining ‘the overall physical and mental wellbeing’ of its eSports contestants.
Involved insignia:
Zach Matula serves as the Chief Executive Officer for DarkZero and he used the press release to explain that the new alliance is to involve Resorts World Las Vegas serving as its ‘official resort’ in …
In Japan and the plan to bring an $8 billion integrated casino resort to the city of Osaka could reportedly be in danger after an anti-gambling group managed to collect enough signatures to trigger a local referendum on the project.
According to a report from GGRAsia, the anti-casino group revealed earlier this month that it had amassed the names of 208,552 local residents who want the entire Las Vegas-style scheme to be put to a public vote. The source detailed that this was followed by yesterday’s revelation from the Election Administration Commission for Osaka Prefecture that at least 146,472 of these signatures are genuine, which is far above the 2% threshold required to trigger a referendum.
Anticipated action:
As per Japanese law…
Gambling Commission penalizes NSUS Limited to the tune of $742,625
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The watchdog used an official press release to declare that the financial penalty against NSUS Limited comes after an official investigation uncovered ‘social responsibility and anti-money laundering failures’ in the way the operator did business. The organization asserted that the Dublin-headquartered firm is to also be issued with ‘an official warning’ for these shortcomings, which involved a trio of its obligatory licensing conditions.
Distressing dearth:
The Gambling Commissi…