Best fixed deposit rate: Bank fixed deposits (FDs) are popular among investors seeking stable returns and capital preservation. These are considered low-risk investments because they offer guaranteed returns. There is insurance of up to ₹5 lakh of deposit with a particular bank in case the bank defaults in payment of the deposit.

After two months of sustained selling, individual investors reversed the course, turning net buyers by investing Rs 36,383 crore in Indian equities in January, according to the NSE Pulse report. In November and December, they had pulled out around Rs 14,048 crore and Rs 5,923 crore from the markets. So far in fiscal 2024, the individual investors picked up equities of Rs 30,995 crore.

Reliance shares may gain on February 29 after the conglomerate signed a strategic joint venture with Walt Disney Co. to merge their media operations -- Viacom18 and Star India. The RIL-Viacom18-Disney transaction will add Rs 40 per share to RIL’s sum-of-the-parts valuation (SOTP), said Jefferies. This partnership not only presents opportunities for enhanced ad inventory monetisation.

Mukka Proteins IPO opens for subscription today (Thursday, February 29), and will close on Monday, March 4. Mukka Proteins IPO raised ₹67.20 crores from anchor investors on Wednesday, February 28. The company notified the exchanges that it allocated 2,39,99,565 equity shares to anchor investors.Mukka Proteins IPO price band has been fixed in the range of ₹26 to ₹28 per equity share.

Oil prices eased early on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated for longer also added to pressure. Brent crude futures fell 22 cents, or 0.3%, to $83.46 a barrel by 0124 GMT. U.S. West Texas Intermediate crude futures were down 30 cents, or 0.4%, to $78.24 a barrel.

Platinum Industries IPO: The initial public offering (IPO) of Platinum Industries, the PVC stabilizers manufacturer, is so far receiving strong response from investors. The bidding for the Platinum Industries IPO opened on February 27 and will end today, February 29.Platinum Industries IPO price band has been fixed in the range of ₹162 to ₹171 per equity share.

Global broking firm CLSA downgraded the shares of Tata Motors to 'outperform' from 'buy', citing the recent sharp run-up in stock price. The firm remains largely bullish on the automaker's growth prospects and hence assigned a price target of Rs 1,061 for the stock, sensing a near 11 percent upside potential. Shares of Tata Motors surged over 18 percent in the past month.

Day trading guide for Indian stock market today: On account of weak global market sentiments, the Indian stock market ended lower on Wednesday as the majority of the indices witnessed sharp selling pressure. The Nifty 50 index lost 247 points and closed at 21,951 level, the BSE Sensex shed 790 points and closed at 72,304 mark whereas the Bank Nifty index corrected 624 points and ended at 45,963.

The ruling BJP in Mangaluru City Corporation (MCC) council presented a surplus budget of Rs 157.4 crore for 2024-25 at a special meeting on Tuesday .Presenting the budget, Varun Chowta, chairman of the standing committee for taxation, finance and appeals, said the total receipts, including the opening balance, is estimated at Rs 1,113.4 crore, and the expenditure is estimated.

India has made significant strides in the semiconductor sector in the last two years during which the government received investment proposals of Rs 2.50 lakh crore from global chip makers, Union minister Rajeev Chandrasekhar has said. In the last 10 years, India has moved out of the league of 'Fragile Five' and become the world's fifth largest economy, the Minister of State for Electronics.

The Yamuna Expressway Industrial Development Authority (YEIDA) demolished makeshift sales offices operated by illegal real estate agents selling plots and flats to homebuyers on two land parcels in Sector 22 D near the site for the upcoming Noida International Airport.These land parcels were originally allotted to two builders whose land allocations were canceled.

New Delhi: NASDAQ-listed ReNew Energy Global Plc is in talks with Singapore’s Sembcorp Industries Ltd to sell solar energy projects totalling 350 megawatts (MW), with the deal estimated to be valued at around $241 million at the enterprise level and around $121 million in terms of equity, two people aware of the development said. This earlier proposed deal for 1.1 gigawatts (GW).

TRICHY: Trichy Corporation has completed 78 out of the 83 infrastructure projects sanctioned for the city, amounting to `965.1 crore under the smart cities mission programme. The remaining projects, including two major drinking water augmentation schemes and three phases of the underground drainage (UGD) network rehabilitation project, are scheduled for completion between March and June 2024.

China's Alibaba Cloud said on Thursday it will cut prices on its cloud service products by an average of 20% in its second large-scale price adjustment programme in recent years. The cloud arm of Chinese e-commerce giant Alibaba said that the price discount on more than 100 core cloud products will go up to 55%, and that they will be rolled out with immediate effect.

In the absence of significant catalysts, the Nifty benchmark index failed to maintain its all-time high levels and saw a strong sell-off in the last hour, resulting in a 1.11 percent cut and closing just above 21,950 in yesterday’s trading session. Today, on the monthly expiry day, significant call writers' positions have shifted to the 22,200 strike, and the upside potential appears limited.