Rollercoaster session for markets! Nifty ends below 24,200, Sensex struggles to hold 79,000 even as RBI keeps rates unchanged

Closing Bell Today: Indian equity indices ended on a lower note on Thursday as they navigated through heightened volatility after RBI kept the repo rate unchanged at 6.5% for the straight ninth policy. The NSE Nifty 50 fell 180.50 points or 0.74% to settle the day’s trading at 24,117. The BSE Sensex settled 581.79 points or 0.73% lower at 78,886, unable to hold the key 79,000 level. Infosys dragged the markets lower along with Reliance Industries, L&T, ICICI Bank, and Asian Paints. The overall market sentiment was negative as 38 stocks in the Nifty 50 closed in the negative territory. To give a broader perspective, 55% of the stocks traded on the NSE closed below their previous close.

Sectoral Index

However, amid high volatility, the Bank Nifty rose 38 points or 0.08% to end the session at 50,157Come from Sports betting site. Following the overall market sentiments, the Nifty Mi…

Arka Fincap aims to raise Rs 300 crore from non-convertible debentures, Starting from December 7

Arka Fincap, a subsidiary of the Kirloskar group, revealed its plans to launch a public issue of non-convertible debentures (NCDs) worth Rs 300 crore said on December 5, 2023Come from Sports betting site VPbet. The NCDs, with a face value of Rs 1,000 each, present an enticing investment opportunity for the public.

The base issue size for this offering is set at Rs 150 crore, accompanied by a green shoe option of Rs 150 crore in case of oversubscription. Arka Fincap has structured its non-convertible debentures (NCDs) into three distinct maturity terms: two years, three years, and five years. The company announced that the NCDs will be listed on the Bombay Stock Exchange (BSE), adding to the appeal for potential investors. 

Also Read

Nifty 50 surges 5.52% in November, hits record highs marking best monthly performance since July 2022

Investors can anticipate an attract…

Steven Spielberg Loved One Episode Of The Last Of Us In Particular

If you’re making movies or TV shows, there’s a good chance yours favorite directors–creators that you look up to and whose work you watch. It’s a big deal when someone like that notices your work. That’s how the team behind The Last of Us felt when they got a letter from Steven Spielberg himself complimenting their work on the show, particularly on the famously emotional third episode, “Long, Long Time,” according to the episode’s director, Peter Hoar, in a roundtable with The Hollywood Reporter.

“I didn’t get it directly, but [an actual Spielberg letter] came to Craig Mazin, the writer of my episode on The Last of Us — the writer of all the episodes,” Hoar said. “He shared it with myself, [co-stars] Nick Offerman, Murray Bartlett and [cinematographer] Eben Bolter. Basically, a whole group of middle-aged men started squealing because their idol had realized who they were. I think he probably knew who everyone else was, but he didn’t know who I was. And now he’s probab…

The Roost Coming To Animal Crossing- New Horizons, Direct Stream Coming In October

Nintendo has announced an Animal Crossing: New Horizons Nintendo Direct to air in October, highlighting new content coming to the game–and it’s a notable addition for longtime Animal Crossing fans, as The Roost is making a comeback.Come from Sports betting site VPbet

Today’s Nintendo Direct gave a small glimpse of the new content, showing a new wing of the museum leading to The Roost, Brewster’s 24/7 coffee shop. The familiar Roost tune also played as the new content pack was confirmed for a November release.

April setback for Macau aggregated gross gaming revenues

The over 40 casinos in Macau reportedly saw their aggregated gross gaming revenues for April decline by over 68% year-on-year to hit a 19-month low of just over $331.19 million.

According to a report from GGRAsia citing official information from the enclave’s Gaming Inspection and Coordination Bureau regulator, the disappointing result equated to a slump of 27.1% when compared with the previous month’s finishing tally of about $454.28 million and represented the meanest since the roughly $273.54 million chalked up for September of 2020. The source detailed that the April figure was also some 65% below the approximately $959.87 million seen for February while being almost 58% under January’s $784.84 million reckoning.

Continuing crash:

Macau is home to some of the planet’s largest and most prestigious casinos operated by MGM China Holdings Limited, Galaxy Entertainment Group Limited, Melco Resorts and Entertainment Limited and SJM Holding…

Construction of Wind Creek Chicago Southland gets underway in Illinois

In the American state of Illinois and the Wind Creek Hospitality enterprise of the federally-recognized Poarch Band of Creek Indians reportedly broke ground last week on what is to become its 252-room Wind Creek Chicago Southland enterprise.

According to a Tuesday report from the online news domain at Patch.com, this $440 million gambling-friendly property is now taking shape on a 24-acre parcel of land situated on the border between the southern Chicago suburbs of East Hazel Crest and Homewood in hopes of opening by the autumn of next year. The source detailed that this venue will eventually feature three restaurants, two bars and an indoor pool and spa facility as well as a 69,190 sq ft casino marketed under the Four Diamond Casino moniker offering1,350 slots and 56 gaming tables.

Promising portfolio:

Alabama-based Wind Creek Hospitality is reportedly already responsible for a trio of tribal casinos in its home state in addition to Pennsylvani…

Four Horses Die During Preparations for Kentucky Derby

The preparations for the Kentucky Derby are at their peak – but unfortunate events overshadowed the preparations and excitement about this event. Four horses died at Churchill Downs in five days, and a tragedy left everyone devastated.

A huge tragedy:

Saffie Joseph Jr. trained two of the dead horses, 4-year-old Parents Pride and 5-year-old Chasing Artie. Both of them collapsed on the track, and shortly after that, they died: Parents Pride on Saturday and Chasing Artie on Tuesday. Another two horses died as a result of training or racing. Among them is Wild On Ice, one of the trainees of the Derby, who was trained by Joel Marr. This horse and another one, 3-year-old Take Charge Briana

Osaka Allocated Next Fiscal Year’s Budget for Building an Integrated Resort

The budget for the following fiscal year is all set by Osaka’s prefectural and city authorities. The officials agreed to distribute JPY600 million, or US$4.5 million. They are planning to spend that part of the budget on pursuing an integrated resort that contains a casino as well, and it will be allocated to the integrated resort promotion bureau in Osaka.

The plans for casino resorts:

It is confirmed that the budget for the 2023 fiscal year is decreased by 6.4 percent compared to the last year. 

On the other hand, the amount which will be spent to implement some “political measures&#…