logo
Stock Radar: New bullish phase for Abbott India? stock clears key resistance with volume surge

Stock Radar: New bullish phase for Abbott India? stock clears key resistance with volume surge

Economic Times26-05-2025
Abbott India Ltd, part of the pharma sector, breaks out from a rectangular pattern on weekly charts in May 2025 which has opened room for the stock to head higher and might even hit fresh record highs.Medium-term traders can look to buy stock for a target of Rs 36,000 in the next 1-2 months, suggest experts.The stock hit a high of Rs 31,900 March 4, 2025, but it failed to hold the momentum. It has been moving in a range since February 2024 where
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Google Pixel 10 series launched: Check India pricing, availability and more
Google Pixel 10 series launched: Check India pricing, availability and more

Business Standard

time23 minutes ago

  • Business Standard

Google Pixel 10 series launched: Check India pricing, availability and more

The Google Pixel 10 series is now available for pre-order in India on the Google Store online. Pre-order benefit includes bank cashback, exchange bonus and no-interest EMI plans Google Pixel 10 series New Delhi Google has introduced the Pixel 10 series in India, which includes the Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10 Pro Fold. Pre-orders are open for all models except the foldable, with benefits such as bank cashback, exchange bonus on trade-in and no-interest equated monthly instalment plans up to 24 months. All four models in the Pixel 10 series are powered by the Tensor G5 processor alongside the Titan M2 security chip. The series debuts Google's new Qi2-certified 'Pixelsnap' wireless charging system and integrates Gemini-based AI features such as Magic Cue and Camera Coach. Google Pixel 10 series: India pricing and variants Pixel 10 (12GB RAM + 256GB storage): Rs 79,999 Colours: Indigo, Frost, Lemongrass, Obsidian Pixel 10 Pro (16GB RAM + 256GB storage): Rs 1,09,999 Colours: Moonstone, Jade, Porcelain, Obsidian Pixel 10 Pro XL(16GB RAM + 256GB storage): Rs 1,24,999 Colours: Moonstone, Jade, Obsidian Google Pixel 10 Pro Fold (16GB RAM + 256GB storage): Rs 1,72,999 Colour: Moonstone Google Pixel 10 series: Availability in India Google Pixel 10 series: Pre-order offers Google Pixel 10: Bank cashback: Up to Rs 7,000 on EMI purchase with HDFC Bank credit card Exchange bonus: Up to Rs 5,000 on exchange of an eligible old device No-cost EMI: Up to 24 months Google Pixel 10 Pro / Pixel 10 Pro XL: Bank cashback: Up to Rs 10,000 on EMI purchase with HDFC Bank credit card Exchange bonus: Up to Rs 5,000 on exchange of an eligible old device No-cost EMI: Up to 24 months Google Pixel 10 series: Specifications Pixel 10 Display: 6.3-inch Actua display, 1080x2424 resolution, 60-120Hz refresh rate, Corning Gorilla Glass Victus 2 protection, 3000 nits peak brightness Processor: Tensor G5 RAM: 12GB Storage: 256GB Rear camera: 48MP primary with Macro (OIS) + 13MP ultra-wide + 10.8MP 5X telephoto Front camera: 10.5MP (AF) Battery: 4970mAh Charging: 30W wired, 15W Pixelsnap wireless (Qi2) OS: Android 16 (7 years support) Connectivity: Bluetooth v6, Wi-Fi 6E Protection: IP68 Pixel 10 Pro Display: 6.3-inch Super Actua display, 1280x2856 resolution, 1-120Hz refresh rate, Corning Gorilla Glass Victus 2 protection, 3300 nits peak brightness Processor: Tensor G5 RAM: 16GB Storage: 256GB Rear camera: 50MP primary (OIS) + 48MP ultra-wide with Macro + 48MP 5X telephoto Front camera: 42MP (AF) Battery: 4870mAh Charging: 30W wired, 15W Pixelsnap wireless (Qi2) OS: Android 16 (7 years support) Connectivity: Bluetooth v6, Wi-Fi 7 Protection: IP68 Pixel 10 Pro XL Display: 6.8-inch Super Actua display, 1344x2992 resolution, 1-120Hz refresh rate, Corning Gorilla Glass Victus 2 protection, 3300 nits peak brightness Processor: Tensor G5 RAM: 16GB Storage: 256GB Rear camera: 50MP primary (OIS) + 48MP ultra-wide with Macro + 48MP 5X telephoto Front camera: 42MP (AF) Battery: 4200mAh Charging: 45W wired, 25W Pixelsnap wireless (Qi2 25W) OS: Android 16 (7 years support) Connectivity: Bluetooth v6, Wi-Fi 7 Protection: IP68 Pixel 10 Pro Fold Cover display: 6.4-inch Actua display, 1080x2364 resolution, 60-120Hz refresh rate, Corning Gorilla Glass Victus 2 protection, 3000 nits peak brightness Inner display: 8-inch Super Actua Flex display, 2076x2152 resolution, 1-120Hz refresh rate, 3000nits brightness Processor: Tensor G5 RAM: 16GB Storage: 256GB Rear camera: 48MP primary (OIS) + 10.5MP ultra-wide with Macro+ 10.5MP 5X telephoto, Front camera: 10MP on both display Battery: 5015mAh Charging: 30W wired, 15W Pixelsnap wireless (Qi2) OS: Android 16 (7 years support) Connectivity: Bluetooth v6, Wi-Fi 7 Protection: IP68

Putin was forced to pay Rs 2.2 crore in cash to refuel jets in Alaska. Here's why
Putin was forced to pay Rs 2.2 crore in cash to refuel jets in Alaska. Here's why

First Post

time23 minutes ago

  • First Post

Putin was forced to pay Rs 2.2 crore in cash to refuel jets in Alaska. Here's why

Russian President Vladimir Putin reportedly had to pay nearly $250,000 (around Rs 2.2 crore) in cash to refuel his three jets while in Alaska for a summit with US President Donald Trump. Many Russian officials and journalists who travelled with him also said they were unable to use local mobile networks or bank cards during their stay The Russian delegation had to pay for refuelling their jets in cash. AP/File Photo Russian President Vladimir Putin reportedly had to spend almost $250,000 (around Rs 2.2 crore) in cash to refuel three aircraft during his summit with US President Donald Trump in Alaska on August 15. US Secretary of State Marco Rubio told NBC News that the Russian team had to make the payment in cash to refuel their planes in Alaska. ALSO READ | Putin gifts American man motorcycle during Alaska Summit. Here's why Notably, the Trump-Putin talks produced general remarks about progress on some issues but did not result in concrete steps towards a ceasefire in Ukraine, something Donald Trump had mentioned before the meeting. STORY CONTINUES BELOW THIS AD This brings us back to the key question: Why did Putin need to pay in cash for refuelling? Let's take a look at this: Why Putin had to pay in cash for jet refuelling When Vladimir Putin arrived in Alaska on August 15 for a key meeting with US President Donald Trump, he received a formal red carpet welcome. However, his delegation had to pay for refuelling their jets in cash. US Secretary of State Marco Rubio said this was a direct result of existing US sanctions. Media reports said that the Russian leader had to spend nearly $250,000 (about Rs 2.2 crore) in cash to refuel three aircraft. 'When the Russians landed in Alaska, they were there to refuel. They had to offer to pay in cash to refuel their aeroplanes because they can't use our banking system,' Rubio told NBC News. Putin arrived in Alaska on August 15 for a key meeting with Trump. Reuters/File Photo He added that all sanctions remained fully in place and continued to limit Russian access to global finance. 'They face consequences every single day, but the bottom line is that it has not altered the direction of this war. That doesn't mean those sanctions were inappropriate; it means it hasn't altered the outcome of it,' he said. Russian officials and journalists travelling with them also said they could not use local mobile networks or bank cards during their stay, according to The Moscow Times. US authorities temporarily lifted travel restrictions for sanctioned Russian officials until August 20 to allow the Anchorage summit to take place. Earlier this year, Washington made a similar exception for Kremlin economic envoy Kirill Dmitriev, who was able to travel to the US capital for talks with Trump envoy Steve Witkoff in April despite being on the sanctions list. STORY CONTINUES BELOW THIS AD ALSO READ | Why Putin's bodyguards carried 'poop suitcase' to Alaska summit with Trump US sanctions on Russia When asked why the US does not impose additional sanctions to push Russia towards a ceasefire, Marco Rubio said he did not think new measures would make Putin comply. He added that Russia is already facing strict sanctions, which serve as consequences for refusing a ceasefire. However, he added that there is no proof that further steps would have an immediate effect 'because sanctions take months and sometimes years to bite.' After meeting Putin in Alaska, Donald Trump appeared to soften his approach, claiming the summit 'went well' and rating it '10/10' in a Fox News interview. The Trump-Putin talks did not result in concrete steps towards a ceasefire in Ukraine. Reuters 'I may have to think about it (sanctions) in two or three weeks or something, but we don't have to think about that immediately,' Trump said, despite recently taking a tougher tone on Moscow. He added , 'If I did secondary sanctions now, that would be devastating for them,' without giving further details on possible action. Earlier, Trump had surprised India with a new 25% tariff on goods over its continued purchase of Russian oil, adding to a previous 25% levy and bringing the total to 50%. STORY CONTINUES BELOW THIS AD New Delhi called the move 'unfair, unjustified and unreasonable,' warning it could hurt textiles, leather and marine exports. Notably, Trump had previously warned Russia of 'very severe consequences' if Putin did not reach a peace deal to end the Ukraine war, which is now in its fourth year. Meanwhile, the UK government said on Tuesday that European leaders are considering further sanctions to increase pressure on Putin as part of wider efforts to end the war in Ukraine. ALSO WATCH:

Ola Electric shares skid 7% after 2-day rally as VAHAN data cools sentiment
Ola Electric shares skid 7% after 2-day rally as VAHAN data cools sentiment

Economic Times

time23 minutes ago

  • Economic Times

Ola Electric shares skid 7% after 2-day rally as VAHAN data cools sentiment

GST uncertainty Live Events Earnings picture Market view Technicals still stretched (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Ola Electric Mobility fell as much as 7.2% to Rs 49.48 on the BSE on Thursday, as fresh VAHAN registration data cooled investor sentiment after a two-day rally that drove the stock up 29% to a near three-month pullback came after VAHAN registration data showed Ola Electric trailing rival Ather Energy in August sales. As of August 20, Ola Electric had recorded 9,522 registrations compared with Ather's 10,248. If the trend persists, Ola's market share is set to slip below that of its shares had surged 9% on Tuesday and another 20% on Wednesday, marking gains in four of the past five sessions before Thursday's weak showing comes amid uncertainty over the Goods and Services Tax (GST) policy. Prime Minister Narendra Modi said last week that the government plans to lower GST rates on several goods and services by Diwali, with proposals including a cut on small cars to 18% from 28%.HSBC Global Research said the move 'may positively impact auto demand, though OEM-wise impact may vary,' while cautioning it could hurt electric vehicles if states respond by raising road taxes. Nomura added, 'if the GST cut on ICE happens, it is likely to significantly impact EV adoption… as the price gap between EVs (taxed at 5%) and ICE (taxed at 28% plus cess) would increase sharply.'Ola's first quarter results reflected year-on-year weakness but showed sequential improvement. The company narrowed losses and improved revenue compared with the previous quarter, with gross margins expanding by 1,100 basis points quarter-on-quarter and 740 basis points year-on-year to reach 26% by June-end. Management has guided gross margins of 35% to 40% for the full year and expects its auto business to turn EBITDA positive in the second quarter, with full-year EBITDA margins likely above 5%.Still, challenges remain. For the June quarter, Ola Electric posted a consolidated net loss of Rs 428 crore, up 23% year-on-year, as revenues halved to Rs 828 crore. EBITDA losses widened to Rs 237 crore, with margins slipping to -28.6% from -12.5% a year analysts argue investors are focusing on Ola's long-term potential despite near-term volatility. 'The stock's performance underscores the market's focus on operational execution and the company's expansion trajectory rather than short-term policy noise,' said Anirudh Garg, Partner and Fund Manager at INVasset said that a GST cut on small cars and two-wheelers could pose 'a near-term challenge' by making ICE vehicles cheaper, but noted that Ola's Gen-4 platform across electric cars, rickshaws and light commercial vehicles supports its long-term of Ola Electric are down 42% so far in 2025 and 64% over the past year. The stock continues to trade below long-term averages, with a Relative Strength Index of 79.8, above the 70 mark considered overbought, signalling potential for further pullback. However, the MACD at 0.7 remains above its centre and signal lines, pointing to a bullish bias.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store