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Новости за 07.08.2024

Groww faces technical glitch, users report issues with orders and Demat balances

Economictimes.indiatimes.com 

Discount broking platform Groww experienced a technical glitch this morning, disrupting users' ability to place orders and access Demat balances. The outage has caused widespread difficulties, leaving many unable to use essential services. Affected users took to platform X to express concerns, with one user asking, “@_groww unable to use my Demat Balance, what's wrong?”

ONGC shares rally over 7% despite missing Street estimates. Should you buy, sell or hold?

Economictimes.indiatimes.com 

Despite a 15% year-on-year drop in Q1 net profit to Rs 8,938 crore, ONGC shares gained 8%, closing at Rs 329.50. Highlighting marginal falls in crude oil and gas production, brokerages gave mixed ratings, focusing on the potential of the KG basin and other assets. The company's performance outlook remains cautiously optimistic.

Here's why Pankaj Pandey is bullish on pharma sector

Economictimes.indiatimes.com 

​So, from that perspective, real estate looks good to us because what will happen that at this point in time the premium segment of the market was doing well and our sense is that with this kind of anticipation of further rate cuts and amendments like these, the growth will broaden up. Overall sense is that the double-digit kind of a pre-sales growth has been largely maintained by most of the players, but valuation also has inched up.

Glencore to continue to oversee responsible decline of thermal coal operations

Engineeringnews.co.za 

Diversified mining and marketing company Glencore is to continue to oversee the responsible decline of its thermal coal operations over time, the board has decided. While the decision has been taken to retain this business today, the board preserves the option to consider a demerger of all or part of this business in the future if circumstances change.

WPP to Offload FGS Stake; Cuts Sales Outlook

The Wall Street Journal 

WPP agreed to sell its majority stake in public-relations firm FGS to KKR for $775 million and cut its revenue outlook for the full year.