Ferris Bueller's Day Off Spin-Off Coming From Cobra Kai Creators – Report

A Ferris Bueller’s Day Off spin-off centered on the valets who recklessly drive Cameron’s Ferrari in the classic 1986 film starring Matthew Broderick is in the works at Paramount Pictures, according to Deadline. The film, which doesn’t yet have a release date, is tentatively titled Sam and Victor’s Day Off.

The spin-off is coming from Cobra Kai creators Jon Hurwitz, Hayden Schlossberg, and Josh Heald. Cobra Kai writer Bill Polsey is set to write the film. In Ferris Bueller’s Day Off, the valet attendants were not given official names and were not exactly fleshed-out characters–which should give the film a nice blank canvas to start from in dreaming up whatever it may eventually offer. With so much talent around the project coming over from Cobra Kai, Sam and V…

IT and Pharma are Religare Broking’s top picks on hopes of Nifty June series being more stable

By Gaurav Arora 

The Jun series Nifty futures is currently trading with a premium of around 20 points.

After previous week’s roller coaster rides where the index tested almost 21,250 and still managed to close around record highs, it’s now trying to find some stability around current levels. 

Some OI got reduced in its futures as the event unfolds. On the other hand, there was hardly any change in OI in Bank Nifty Futures.

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Market rebounds 2% amidst favorable cues, Banking sector continues to underperformer

By Ajit Mishra 

Markets rebounded after spending two weeks in a corrective phase and gained ~2%, thanks to favorable cues. The tone was positive for most of the week citing favorable global cues and buying in select heavyweights however underperformance of banking majors continues to weigh on the sentiment. 

Among the benchmark indices, Nifty managed to retest its record high but eventually settled at 21,853.80 levels. All the key sectors participated in the move wherein energy, metal and auto were among the top performers. 

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Mehta Equities’ top recommendations for Budget 2024 include RVNL, JSW Infra, HAL

By Riyank Arora

Equity market participants are closely watching the sectoral budgetary allocations in the upcoming 2024-25 (FY25) budget, set to be unveiled next month.

They are particularly focused on infrastructure, defense, Agricultural and Renewable energy sectors, which are anticipated to receive the highest spending priority from the government.

On Wednesday, Finance Minister Nirmala Sitharaman chaired the initial pre-Budget consultations with prominent economists in New Delhi, in preparation for the upcoming General Budget for 2024-25.

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