Latest news with #&O
Time of India
3 days ago
- Business
- Time of India
BSE shares zoom 11% in two days amid heavy volumes; hit fresh high at Rs 2,670
The surge in the BSE stock follows Sebi's recent circular asking the exchanges to choose expiry days for equity derivatives - either Tuesday or Thursday. BSE's stock has surged by 11% in two trading sessions, reaching a new all-time high of Rs 2,670, fueled by high trading volumes and a recent Sebi circular. The regulator's directive asks exchanges to standardize equity derivative expiry days, choosing either Tuesday or Thursday. This follows NSE's move to shift its F&O expiry to Monday, potentially impacting BSE's market share. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Amid high trading volumes, the BSE stock rallied 11% in 2 trading sessions, hitting its new all-time high of Rs 2,670 on the NSE today. On Friday alone, the stock witnessed a rally of 8.3%.Around 1 pm today, 119.72 lakh shares of the company were traded on the NSE, with a total traded value of Rs 3,120.80 crore. BSE's total market capitalisation at the time stood at Rs 1.07 lakh surge in the stock also follows a recent circular released by the markets regulator, Securities and Exchange Board of India (Sebi), which asked the exchanges to choose expiry days for equity derivatives - either Tuesday or reviewing inputs from a discussion paper released in March 2025, Sebi's Secondary Market Advisory Committee (SMAC) held deliberations and proposed restricting expiry days to help curb excessive market exchanges will now need to standardise the final settlement day for equity derivatives contracts—including index options, index futures, and single stock futures and options—by choosing either Tuesday or Thursday as the designated expiry precedes NSE's decision to shift the F&O expiry day for Nifty, Bank Nifty, FinNifty, Nifty Next50, and Nifty Midcap Select from the current Thursday to NSE's derivatives contract expiry, which would have been scheduled ahead of BSE's Tuesday expiry for Sensex and Bankex, was expected to weigh on BSE's market share, which could have declined as competition intensifies, according to a previous report by Nuvama Institutional Equities This is due to the fact that retail traders tend to be more active closer to expiry when option values compress.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
22-05-2025
- Business
- Economic Times
Stocks in news: ITC, Sun Pharma, IndusInd Bank, ABFRL, IndiGo
ABFRL shares are likely to be in focus in today's trade as the record date for the company's lifestyle business is set on May 22. Markets saw volatility but closed higher. ITC, Sun Pharma, and IndusInd Bank are among the key stocks to watch. IndusInd Bank reported a net loss. IndiGo's profit increased significantly. IRCON and Nalco also announced their Q4 results. Aarti Industries and others will be excluded from F&O. Mankind Pharma's profit declined, while RVNL reported a net profit. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Markets traded volatile but managed to end with gains of over half a percent, taking a breather after the recent decline. In today's trade, shares of ITC IndiGo among others will be in focus due to various news developments and fourth quarter of ITC, Sun Pharma, Grasim and Honasa will be in focus as the companies will announce their fourth quarter results the fourth quarter, the lender reported a net loss of Rs 2,236 crore as against a profit of Rs 2,346 crore a year ago. Meanwhile, its net interest income fell 43% YoY to Rs 3,048 Aviation, which operates budget airline Indigo reported a 62% YoY growth in its Q4FY25 consolidated net profit at Rs 3,067 crore versus Rs 1,895 crore in the year ago International reported a consolidated profit after tax (PAT) of Rs 212 crore in Q4FY25 as against Rs 247 crore reported in the year ago periodNalco reported a net profit of Rs 2,067 crore for the fourth quarter. Revenue from operations increased 47% to Rs 5,267 said Aarti Industries, Birlasoft, Hindustan Copper, MGL and Piramal Enterprises to be excluded from F&O effective August Pharma's profit fell 11% to Rs 421 crore in the fourth quarter, while revenue from operations increased 27% to Rs 3,079 crore in the same reported a net profit of Rs 459 crore in the fourth quarter. Revenue stood at Rs 6,426 crore in the same shares are likely to be in focus in today's trade as the record date for the company's lifestyle business is set on May 22.
Daily Tribune
24-02-2025
- Politics
- Daily Tribune
Trump changes 145-Year-Old desk after Musk's son wiped his snot on it
TDT | agencies US President Donald Trump has 'temporarily' changed the iconic Resolute Desk at the Oval Office, which was used by his Democratic predecessors Joe Biden and Barack Obama, and replaced it with the C&O desk. This only comes days after tech billionaire Elon Musk brought his Little X to the Oval Office where the kid appeared to pick his nose and rub the desk on live TV. He caught everyone's attention. The Resolute Desk, made from the wood of the once-abandoned British Arctic exploration ship HMS Resolute, was a gift to President Rutherford Hayes from Queen Victoria in 1880. This iconic desk has been used by nearly every U.S. president in the West Wing. Notably, Donald Trump, who has previously described himself as a germophobe, posted a picture of the Oval Office featuring the new desk on his social media platform, Truth Social. However, it remains unclear if he ordered the replacement due to the nose-picking incident. The post reads: 'A President, after the election, gets a choice of 1 in 7 desks. This desk, the 'C&O,' which is also very well known and was used by President George H.W. Bush and others, has been temporarily installed in the White House while the Resolute Desk is being lightly refinished—a very important job. This is a beautiful, but temporary replacement!' According to the White House, the desk has been used by every president since Rutherford B. Hayes, with the exceptions of Lyndon B. Johnson, Richard Nixon, and Gerald Ford (from 1964 to 1977). It's worth noting that the Resolute Desk was first placed in the Oval Office in 1961 at the request of President John F. Kennedy. Elon Musk's son participated in the press briefing regarding a new executive order about the billionaire's role as head of the Department of Government Efficiency. While introducing him, Donald Trump said, 'This is X, and he's a great guy—a high IQ individual.' Videos of X imitating his billionaire father and picking his nose had sparked a buzz online.
Yahoo
22-02-2025
- Politics
- Yahoo
Trump removes 150-year-old Resolute Desk from the Oval Office to be 'lightly refinished'
President Donald Trump has temporarily taken the 150-year-old Resolute Desk out of the Oval Office for refinishing. 'A President, after election, gets a choice of 1 in 7 desks,' Trump wrote on social media. 'This desk, the 'C&O,' which is also very well known and was used by President George H.W. Bush and others, has been temporarily installed in the White House while the Resolute Desk is being lightly refinished—a very important job. This is a beautiful, but temporary replacement!' When President Harry S. Truman first used the desk at the White House, it was brought into the Oval Office by President John F. Kennedy and became an iconic backdrop as his son, John F. Kennedy Jr., played inside the desk while his father was working. Gifted to former President Rutherford B. Hayes by Queen Victoria in 1880, the Resolute Desk is a double pedestal partner's desk made from oak timbers of the British Shop HMS Resolute, according to The White House Historical Association. For many years, the desk was used on the second floor of the White House, where the presidential offices were located before the addition of the West Wing in 1902. In 1945, the Presidential Coat-of-Arms, the seal of the U.S. president, was fitted on the desk. Between 1948-1952, the desk was moved to the Broadcast Room on the White House's ground floor and was used for a short period of time for radio and television broadcasts by former President Dwight D. Eisenhower, according to The White House Historical Association. Former President John F. Kennedy was the first president to use the Resolute Desk in the Oval Office. When former President Lyndon B. Johnson took office in 1963, he requested another desk for the Oval Office, according to The White House Historical Association. Between 1966 and 1977, the Resolute Desk was part of a traveling exhibition before it was put on display at the Smithsonian. Former President Jimmy Carter requested the return of the Resolute Desk in 1977, where it has remained since − except by George H.W Bush who used the C&O Desk. Per The White House Historical Association, before its arrival to the White House, the Resolute Desk was a part of a British arctic expedition in 1852. During the expedition, the desk was abandoned and became trapped it ice. In 1855, the desk was recovered by an American whaler and Congress appropriated funding to refit the ship that the desk was on to England, as a gift to Queen Victoria. Queen Victoria reaffirmed the U.S. friendship and constructed a new version of the desk, which was then given to Hayes, according to The White House Historical Association. Beginning with the 19th president, Rutherford B. Hayes, every president has used the Resolute Desk, except George H.W Bush, who only used it for five months before requesting the C&O, according to The White House Historical Association. The Georgian-style C&O Desk is made of walnut and features golden handles. The desk's acronym stands for the Chesapeake and Ohio Railway because the desk was built for one of the railway's owners and later donated to the White House, according to George H.W. Bush was the first and only president − up until Trump − to utilize the C&O Desk. Theodore Roosevelt Desk The Theodore Roosevelt Desk was crafted for the former president in 1903. It resided in the West Wing until 1929, in which it was stashed until former President Harry S. Truman took it out of storage in 1945, according to Former Presidents Eisenhower, Woodrow Wilson and William Howard Taft are among others who signed legislation on the desk. Today, the Theodore Roosevelt Desk is housed in the Vice President's Ceremonial Office in the Eisenhower Executive Office Building. The Johnson Desk Upon taking office, Johnson requested that a new desk be made for the Oval Office by the Senate's carpenters, according to Johnson was the only president to ever use the desk. Today, The Johnson Desk is located at the Lyndon Baines Johnson Library and Museum. The Hoover Desk During former President Herbert Hoover's presidency in 1929, a fire severely damaged the West Wing of the White House, including the Oval Office. The president's desk survived the fire, but when new furniture was installed, so was a new desk. A gift from the Grand Rapids Michigan Furniture Manufacture's Association, Hoover's desk was made of American wood and a Michigan maple veneer, according to the Franklin D. Roosevelt Presidential Library and Museum. When former President Franklin D. Roosevelt took the presidential office next, he continued to use Hoover's desk. On the desk he signed the New Deal, declarations of war with Japan and Germany and the GI Bill, according to the Franklin D. Roosevelt Presidential Library and Museum. The Wilson Desk Despite what folks may think, The Wilson Desk was not named after former President Woodrow Wilson. Perhaps it was named after the early Vice President Henry Wilson, hypothesizes. Former Presidents Gerald Ford and Richard Nixon both used the mahogany desk. Today, it is on display in the Vice President's Room in the U.S. Capitol. Greta Cross is a national trending reporter at USA TODAY. Follow her on X and Instagram @gretalcross. Story idea? Email her at gcross@ This article originally appeared on USA TODAY: Trump removes Resolute Desk from Oval Office for refinishing
USA Today
22-02-2025
- Politics
- USA Today
Trump removes 150-year-old Resolute Desk from the Oval Office to be 'lightly refinished'
Hear this story President Donald Trump has temporarily taken the 150-year-old Resolute Desk out of the Oval Office for refinishing. 'A President, after election, gets a choice of 1 in 7 desks,' Trump wrote on social media. 'This desk, the 'C&O,' which is also very well known and was used by President George H.W. Bush and others, has been temporarily installed in the White House while the Resolute Desk is being lightly refinished—a very important job. This is a beautiful, but temporary replacement!' When President Harry S. Truman first used the desk at the White House, it was brought into the Oval Office by President John F. Kennedy and became an iconic backdrop as his son, John F. Kennedy Jr., played inside the desk while his father was working. What is the Resolute Desk? Gifted to former President Rutherford B. Hayes by Queen Victoria in 1880, the Resolute Desk is a double pedestal partner's desk made from oak timbers of the British Shop HMS Resolute, according to The White House Historical Association. For many years, the desk was used on the second floor of the White House, where the presidential offices were located before the addition of the West Wing in 1902. In 1945, the Presidential Coat-of-Arms, the seal of the U.S. president, was fitted on the desk. Between 1948-1952, the desk was moved to the Broadcast Room on the White House's ground floor and was used for a short period of time for radio and television broadcasts by former President Dwight D. Eisenhower, according to The White House Historical Association. Former President John F. Kennedy was the first president to use the Resolute Desk in the Oval Office. When former President Lyndon B. Johnson took office in 1963, he requested another desk for the Oval Office, according to The White House Historical Association. Between 1966 and 1977, the Resolute Desk was part of a traveling exhibition before it was put on display at the Smithsonian. Former President Jimmy Carter requested the return of the Resolute Desk in 1977, where it has remained since − except by George H.W Bush who used the C&O Desk. Per The White House Historical Association, before its arrival to the White House, the Resolute Desk was a part of a British arctic expedition in 1852. During the expedition, the desk was abandoned and became trapped it ice. In 1855, the desk was recovered by an American whaler and Congress appropriated funding to refit the ship that the desk was on to England, as a gift to Queen Victoria. Queen Victoria reaffirmed the U.S. friendship and constructed a new version of the desk, which was then given to Hayes, according to The White House Historical Association. What presidents have used the Resolute Desk? Beginning with the 19th president, Rutherford B. Hayes, every president has used the Resolute Desk, except George H.W Bush, who only used it for five months before requesting the C&O, according to The White House Historical Association. What is the C&O Desk? The Georgian-style C&O Desk is made of walnut and features golden handles. The desk's acronym stands for the Chesapeake and Ohio Railway because the desk was built for one of the railway's owners and later donated to the White House, according to George H.W. Bush was the first and only president − up until Trump − to utilize the C&O Desk. What other desks can a sitting president choose from? Theodore Roosevelt Desk The Theodore Roosevelt Desk was crafted for the former president in 1903. It resided in the West Wing until 1929, in which it was stashed until former President Harry S. Truman took it out of storage in 1945, according to Former Presidents Eisenhower, Woodrow Wilson and William Howard Taft are among others who signed legislation on the desk. Today, the Theodore Roosevelt Desk is housed in the Vice President's Ceremonial Office in the Eisenhower Executive Office Building. The Johnson Desk Upon taking office, Johnson requested that a new desk be made for the Oval Office by the Senate's carpenters, according to Johnson was the only president to ever use the desk. Today, The Johnson Desk is located at the Lyndon Baines Johnson Library and Museum. The Hoover Desk During former President Herbert Hoover's presidency in 1929, a fire severely damaged the West Wing of the White House, including the Oval Office. The president's desk survived the fire, but when new furniture was installed, so was a new desk. A gift from the Grand Rapids Michigan Furniture Manufacture's Association, Hoover's desk was made of American wood and a Michigan maple veneer, according to the Franklin D. Roosevelt Presidential Library and Museum. When former President Franklin D. Roosevelt took the presidential office next, he continued to use Hoover's desk. On the desk he signed the New Deal, declarations of war with Japan and Germany and the GI Bill, according to the Franklin D. Roosevelt Presidential Library and Museum. The Wilson Desk Despite what folks may think, The Wilson Desk was not named after former President Woodrow Wilson. Perhaps it was named after the early Vice President Henry Wilson, hypothesizes. Former Presidents Gerald Ford and Richard Nixon both used the mahogany desk. Today, it is on display in the Vice President's Room in the U.S. Capitol. Greta Cross is a national trending reporter at USA TODAY. Follow her on X and Instagram @gretalcross. Story idea? Email her at gcross@
