Yesterday's big news was related to the merger of Disney Star and Reliance. Disney Star India and Reliance's Viacom-18 have now become one. This also includes Disney Hotstar and Jio Cinema. Both these companies announced this on Thursday, November 14. After this merger, it has become the largest entertainment network in the country.
At the same time, a big fall was seen in the prices of gold and silver on Thursday (14 November). According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold fell by Rs 1,521 to Rs 73739. Earlier its price was Rs 75,260 per ten grams.
Before tomorrow's big news, today's major events to keep an eye on…
- There may be a decline in the stock market today.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow's big news…
1. Reliance-Disney merger becomes the country's largest entertainment platform: 75 crore viewers with 120 channels, two OTTs; Nita Ambani will be the chairperson
Disney Star India and Reliance's Viacom-18 have now become one. This also includes Disney Hotstar and Jio Cinema. Both these companies announced this on Thursday, November 14. After this merger, it has become the largest entertainment network in the country.
Disney-Reliance Entertainment now has 75 crore viewers with 2 over the top i.e., OTT and 120 channels. Reliance has invested Rs 11,500 crore for this joint venture. The merger process was going on for the last one year.
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2. Gold fell below Rs 74 thousand: In the last 15 days it became cheaper by Rs 5,942, silver sold at Rs 87,103 per kg.
There was a big fall in the prices of gold and silver on Thursday (November 14). According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold fell by Rs 1,521 to Rs 73739. Earlier its price was Rs 75,260 per ten grams.
The price of silver also declined today. It fell by Rs 2,644 to Rs 87,103 per kg. Earlier silver was at Rs 89,747. At the same time, on October 23, silver had made an all-time high of Rs 99,151 and on October 30, gold had made an all-time high of Rs 79,681.
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3. Wholesale inflation reached four-month high: It increased to 2.36% in October, it was 1.84% in September; Vegetables and food items became expensive.
Wholesale inflation has increased to 2.36% in the month of October. Earlier in the month of September, wholesale inflation was at 1.84%. In August it came down to 1.31%. Inflation has increased due to increase in prices of vegetables and food items.
Prolonged increase in wholesale inflation has a negative impact on most productive sectors. If wholesale prices remain high for too long, producers pass the burden on to consumers. Government can control WPI only through tax.
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4. Sensex fell 110 points and closed at 77,580: Nifty also fell 26 points, BSE Smallcap gained 429 points.
The Sensex closed at 77,580 with a fall of 110 points on Thursday (November 14). Nifty also fell by 26 points, it closed at the level of 23,532. At the same time, BSE Smallcap rose 429 points and closed at 52,381.
Out of 30 Sensex stocks, 17 declined and 13 rose. Out of 50 Nifty stocks, 29 declined and 21 rose. The FMCG sector of the NSE sectoral index fell the most by 1.53%. Whereas, the media sector had the highest growth of 2.26%.
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5. Thar Rocks first body-on-frame SUV with 5-star safety rating: Mahindra XUV 3XO and XUV 400EV also get 5-stars in India NCAP crash test
Mahindra & Mahindra's Thar Rocks has become the first body-on-frame SUV to get a 5-star rating for both adult-child safety from the Bharat New Car Assessment Program (Bharat NCAP or BNCAP).
BNCAP today (November 14) released the crash test results of three Mahindra SUV cars. These include Mahindra Thar Rocks, XUV 3XO and XUV 400EV. All three SUVs have received a 5-star rating for safety in crash tests.
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Now read the news you need
NTPC Green Energy's IPO will open on November 19: Investors will be able to bid till November 22, minimum investment ₹ 14,904
The IPO of NTPC Green Energy Limited, a subsidiary of government company NTPC, will open on November 19. Investors will be able to bid for this issue till November 22. The company's shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 27.
The company wants to raise ₹10,000 crore through this issue. For this, NTPC Green Energy is issuing 925,925,926 fresh shares worth ₹10,000 crore. The existing investors of the company are not selling even a single share.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Know the condition of tomorrow's share market and gold and silver…
Know the latest price of petrol, diesel and gas cylinder…
Graphics Source: VaskarAssets
