Friday, August 28
Pakistan which once cherished its political support from Nordic states has now encountered serious difficulties in dealing some of the countries in Northern Europe and ties have touched a low. Pakistan on Thursday summoned the ambassador of Norway and issued a demarche over "unwarranted attendance" of court proceedings in a human rights case. Ambassador Per Albert Ilsaas on Thursday attended a Supreme Court proceeding pertaining to controversial social media posts by rights activist Imaan Zainab Mazari-Hazir and her husband Hadi Ali Chattha. This would be the first time in recent years that Pakistan has served a demarche to an European envoy. European envoys are generally given red carpet welcome and treated with care by Islamabad given its financial dependence on Europe through GSP Plu
Mumbai: ICICI Direct said the Nifty could rise to 30,000 levels in 2026, implying an upside of 15% from Friday's closing level of 26,046.95. The brokerage recommends Bajaj Finserv, Indian Oil Corporation, LTIMindtree, Pidilite Industries, SRF, Can Fin Homes, and Jamna Auto Industries for the next twelve months. Sectorally, BFSI and Consumption will be the pace setters, with Chemical, IT, Auto, Capital Goods and Metal in pursuit, it said. ICICI Direct said the Bank Nifty will be the torchbearer, targeting 67,000 in 2026, implying an upside of nearly 13% from Friday's close of 59,389.95. The brokerage also said that currently market breadth has approached the lower band, having happened only five times in the past 25 years. "Historically, reading below 40 has marked as turning point garn
