
Keeping a journal
There is a singular, unspoken joy in putting pen to paper and watching the chaos of one's mind take the form of sentences and doodles. Keeping a journal is not merely a habit, it's an act of quiet rebellion against life clockworking by. In a world obsessed with broadcasting, podcasting, forecasting, typecasting,... keeping a journal is an inward act where you double as both creator and consumer.Bliss lies in the silence that surrounds it. Unlike a conversation, there is no urgency to respond, no performance to maintain. One writes or sketches, and in that act, becomes. A journal doesn't judge, interrupt or scroll away. It holds your thoughts with patience, however wild, petty, brilliant or unformed they might be.
Happiness blooms not just in recording big 'events' but also in the mundane details: the way sunlight fell on the floor at 3 pm, the overheard joke at the chai stall.... More than a record, a journal is a friend - unerringly loyal, never bored by your repetitions, never resistant to your thoughts slipping this way or that. Reading old entries offers a peculiar kind of joy: embarrassment of past melodrama, surprises of forgotten insights... comfort of your continuity.
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Mint
an hour ago
- Mint
Buy or sell: Vaishali Parekh recommends three intraday stocks for today — 20 June 2025
Buy or sell stocks: Amid rising geopolitical tension caused by the Israel-Iran war, the Indian stock market extended its downside trend for the third straight session on Thursday. The Nifty 50 index ended 18 points lower at 24,793, the BSE Sensex finished 82 points lower at 81,361, while the Bank Nifty index corrected 251 points and closed at 55,577. Tata Consumer, Eicher Motors, and M&M emerged as top performers on the Nifty. Conversely, Adani Ports, Bajaj Finance, and Shriram Finance concluded the session as major losers of Nifty. Trading volumes on the NSE cash market were lower by 23% compared to average volumes of the last ten days. Across sectors, the selling pressure was widespread. Barring Nifty Auto, all other sectoral indices ended in the red. Nifty PSU Banks, Media, Realty, Metal, and IT witnessed the most significant declines among them. The Nifty Midcap and Smallcap Indices witnessed considerable selling pressure, with the Nifty Midcap 100 Index plummeting by 1.63%, while the Nifty Smallcap 100 Index plunged by 2%. Market breadth remained weak for the seventh consecutive day, with declining stocks sharply outpacing advancing ones, as indicated by a BSE advance-decline ratio of 0.32, the lowest since 06 May. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market trend is cautious. The Nifty 50 index is sustaining above its immediate support of 24,800. The Prabhudas Lilladher expert said the benchmark index has crucial support at 24,500, whereas the 50-stock index is facing hurdles at 25,200. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index amid the geopolitical tensions has managed to show resilience sustaining near the 24,800 zone for quite some time with very narrow movement witnessed as of now and currently is precariously placed having the crucial and important support zone positioned at 24,500 and at the same time, would need a decisive move above the 25,200 to anticipate for further fresh upward move." "The Bank Nifty index witnessed some profit booking from near the 56000 zone and closed near the 55600 level with overall bias maintained with a cautious approach and anticipating fresh developments in the coming sessions, which shall decide the further directional move of the index. The index has been precariously placed and would need a decisive move above the 56000 zone, as mentioned earlier, to turn the bias positive and, at the same time, would need to sustain the near-term support positioned near the 55000 level to maintain the overall trend intact," said Parekh. Parekh said the Nifty's support today is at 24,600, while the resistance is at 25,000. The Bank Nifty's daily range would be 55,200 to 56,000. Regarding intraday stocks for today, Vaishali Parekh recommended three buy or sell stocks: JSW Energy, Vishal Mega Mart, and Voltas. 1] JSW Energy: Sell at ₹ 482, Target ₹ 470, Stop Loss ₹ 490; 2] Vishal Mega Mart: Buy at ₹ 126, Target ₹ 135, Stop Loss ₹ 120; and 3] Voltas: Sell at ₹ 1259, Target ₹ 1240, Stop Loss ₹ 1270. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
2 hours ago
- Mint
Oswal Pumps IPO listing date today. GMP, experts signal debut of shares at decent premium in stock market today
Oswal Pumps IPO Listing: Oswal Pumps shares are set to make their debut in the Indian stock market today, June 20. The initial public offering (IPO) of the pumps manufacturer, Oswal Pumps Ltd, ended for bidding on June 17. Oswal Pumps IPO listing date is today, 20 June 2025. The offer was open from June 13 to June 17, and the Oswal Pumps IPO allotment date was June 18. The equity shares will be listed today, June 20, on BSE and NSE. 'Trading Members of the Exchange are hereby informed that effective from Friday, June 20, 2025, the equity shares of Oswal Pumps Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' a notice on the BSE said. Oswal Pumps shares will be a part of Special Pre-open Session (SPOS) on Friday, June 20, 2025, it added, and the stock will be available for trading from 10:00 AM. Ahead of the Oswal Pumps IPO listing today, investors wait for the trends in the grey market premium (GMP) to estimate the listing price. Oswal Pumps IPO GMP today and analysts signal decent listing gains for investors. Oswal Pumps shares are showing an upbeat trend in the unlisted market with a positive grey market premium (GMP) today. Oswal Pumps IPO GMP today is ₹ 41 per share. This signals that in the grey market, Oswal Pumps shares are trading higher by ₹ 41 than their issue price. Oswal Pumps IPO GMP today indicates that the estimated listing price of Oswal Pumps shares would be ₹ 655 apiece, which is at a premium of nearly 7% to the IPO price of ₹ 614 per share. Analysts also expect Oswal Pumps IPO listing price to be at a premium of around 8% - 12%. 'Despite prevailing stock market volatility, the Oswal Pumps IPO received a robust response from investors. We believe this overwhelming demand was driven by attractive valuation levels, offering reasonable long term upside potential along with a well-diversified product portfolio across agriculture, industrial, and domestic water solutions. We also see the company's strategic positioning to benefit from ongoing government infrastructure and rural development initiatives, especially those focused on water management and irrigation,' said Prashanth Tapse, Research Analyst at Mehta Equities Ltd. Given the strong subscription demand and ongoing market sentiment, Tapse anticipates a decent listing gain in the range of 10% – 15% for Oswal Pumps share debut. Mahesh M. Ojha, AVP Research and Business Development at Hensex Securities Pvt Ltd said that the Oswal Pumps IPO garnered strong investor interest across segments, which was a clear indicator of positive market sentiment, bolstered by a solid anchor book and credible domestic and global institutional participation. 'The listing is expected to be between 8% - 12% premium over the upper band of ₹ 614. Given the company's leadership in the solar pump segment, its alignment with government-backed schemes like PM-KUSUM, and strong execution history, the listing premium appears justified,' Ojha said. The public issue opened for subscription on Friday, June 13, and closed on Tuesday, June 17. Oswal Pumps IPO allotment status was fixed on June 18, and the Oswal Pumps IPO listing date is today, June 20. Oswal Pumps shares will be listed on both the stock exchanges - BSE and NSE. Oswal Pumps IPO size was ₹ 1,387.34 crore which comprised a combination of fresh issue of 1.45 crore equity shares worth ₹ 890 crore, and an offer-for-sale (OFS) of 81 lakh equity shares amounting to ₹ 497.34 crore. Oswal Pumps IPO price band was ₹ 584 to ₹ 614 per share. The issue was subscribed 34.42 times, as it received total bids for 55.80 crore equity shares as against 1.62 crore shares on the offer, according to data on NSE. The retail portion was subscribed 3.60 times, and the Non Institutional Investors (NII) category was booked 36.70 times. The Qualified Institutional Buyers (QIBs) segment received 88.08 times bids. IIFL Capital Services, Axis Capital, CLSA India, JM Financial, Nuvama Wealth Management are the book running lead managers of the Oswal Pumps IPO, while MUFG Intime India is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
2 hours ago
- Mint
HDB Financial Services IPO: Price band set at ₹700-740 per share; check GMP, issue details, more
HDB Financial Services IPO price band: The HDB Financial Services IPO price band has been fixed in the range of ₹ 700 to ₹ 740 per equity share of the face value of ₹ 10. The HDB Financial Services IPO date of subscription is scheduled for Wednesday, June 25, and will close on Friday, June 27. The allocation to anchor investors for the HDB Financial Services IPO is scheduled to take place on Tuesday, June 24. The floor price and the cap price are 70 times and 74 times the face value of the equity shares, respectively. HDB Financial Services IPO lot size is 20 equity shares and in multiples of 20 equity shares thereafter. HDB Financial Services IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. The employee reservation portion has been reserved equity shares aggregating up to ₹ 200 million, and HDFC Bank shareholder reservation portion consists of equity shares aggregating up to ₹ 12,500 million. Tentatively, HDB Financial Services IPO basis of allotment of shares will be finalised on Monday, June 30, and the company will initiate refunds on Tuesday, July 1, while the shares will be credited to the demat account of allottees on the same day following the refund. HDB Financial Services share price is likely to list on BSE and NSE on Wednesday, July 2. HDB Financial Services is expected to finalise the share allotment basis for its IPO on Monday, June 30. Refunds are set to be processed on Tuesday, July 1, and on the same day, shares will be credited to the demat accounts of those who were allotted shares, following the refunds. HDB Financial Services shares are anticipated to be listed on the BSE and NSE on Wednesday, July 2. The IPO consists of a fresh issue of ₹ 2,500 crore along with an offer for sale of ₹ 10,000 crore from HDFC Bank. The net proceeds are intended to be used to enhance the company's Tier-I Capital base, allowing them to fulfill future capital needs for their various business segments, including Enterprise Lending, Asset Finance, and Consumer Finance. These needs are anticipated to emerge from the growth of the company's operations and assets, and to maintain adherence to the capital adequacy regulations established by the RBI as they may evolve. JM Financial Limited, BNP Paribas, Bofa Securities India Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities & Capital Markets Pvt Ltd, IIFL Capital Services Limited, Jefferies India Private Limited, Morgan Stanley India Company Pvt Ltd, Motilal Oswal Investment Advisors Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, Nuvama Wealth Management Limited, and UBS Securities India Private Limited serve as the book running lead managers for the HDB Financial IPO, while MUFG Intime India Private Limited (Link Intime) acts as the registrar for the offering. HDB Financial Services ranks as the seventh largest, diversified retail-focused non-banking financial company (NBFC) in India, with a total gross loan book amounting to ₹ 902.2 billion as of March 31, 2024, among its NBFC competitors, according to the CRISIL Report. According to the red herring prospectus (RHP), the company's competitors include Bajaj Finance Ltd (with a P/E of 34.3), Sundaram Finance Ltd (with a P/E of 28.1), L&T Finance Ltd (with a P/E of 17.9), Mahindra & Mahindra Financial Services Ltd (with a P/E of 14.5), Cholamandalam Investment and Finance Company Ltd (with a P/E of 31.4), and Shriram Finance Ltd (with a P/E of 13.0). The Reserve Bank of India (RBI) classifies the company as an Upper Layer Non-Banking Financial Company (NBFC-UL). The NBFC provides a diverse range of lending products designed to meet the needs of a growing customer base through an extensive omni-channel distribution network. HDFC Bank holds a 94.3% stake in HDB Financial prior to the IPO. As of March 31, 2025, HDB Financial Services reported total gross loans of ₹ 1,068.8 billion, representing a compound annual growth rate (CAGR) of 23.54% from March 31, 2023, to March 31, 2025. Their assets under management reached ₹ 1,072.6 billion as of March 31, 2025, reflecting a CAGR of 23.71% from Fiscal 2023 to Fiscal 2025. In fiscal 2025, the NBFC achieved a profit after tax of ₹ 21.8 billion, indicating a CAGR of 5.38% between Fiscal 2023 and Fiscal 2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.