IRCTC DOWN REASON
Global Market Today: Asian stocks gain after Nvidia shakeup, oil steady
The MSCI Asia Pacific Index rose 0.3%, led by gains in South Korea. US equity futures also advanced, with Nasdaq 100 contracts up 0.6% and those for the S&P 500 gaining 0.4% after both underlying benchmarks fell Thursday. Nvidia, the company at the heart of the AI boom, dropped 4.3% after Chief Executive Officer Jensen Huang was ousted.
Tourism is the sector the market writes off in a downturn. Is it indicating something else? 7 stocks with upside potential of up to 27%
For years the street has believed that when the economy slows, tourism and hotels are the first to feel it. The logic: A hotel stay is not like food, medicine, electricity, or school fees. It gets cut when money is tight. But a change is visible. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
IRCTC down reason today: Why users are getting 'Unable to Process' message while booking train tickets today
IRCTC train ticket booking down: Why IRCTC website is showing 'unable to processs' message: IRCTC users are facing repeated “Unable to Process Request” errors and booking difficulties as demand for festival-season train tickets rises. While IRCTC and Indian Railways have not confirmed the cause, the surge in booking traffic could be putting pressure on the ticketing system.
Railway stocks: Over 2 years of correction; time to relook without bias? 7 stocks with downside to upside potential of -28% to 32%
A sector-wide correction usually does one job. It takes the froth off and leaves the good businesses standing where they should be. The two-year fall in railway PSU stocks has not done that yet. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
IRCTC down: Thousands of users report issues while booking tickets ahead of Diwali
IRCTC Site down: Thousands of users are experiencing issues with the IRCTC website, which is reportedly down ahead of the busy Diwali and Chhath Puja travel seasons. Over 5,000 individuals are facing difficulties booking tickets as the platform remains unavailable. This outage is impacting travelers attempting to secure their journeys during peak holiday periods.
Several passengers report issues with train ticket booking; IRCTC claims record e-ticket reservations
Several passengers encountered problems while booking train tickets on Tuesday. Users reported login and booking failures. Social media showed complaints about payment issues. Downdetector confirmed a spike in outage reports.
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Indian Railways has deactivated 2.5 crore IRCTC user IDs: Has yours also been deactivated? Check now
Indian Railways took action against online ticket booking fraud. Over 2.5 crore IRCTC user IDs got deactivated due to suspicious activity. This move aims to stop misuse by agents and bots. Aadhaar authentication will be needed for tatkal bookings soon.

What to expect from consumer, power companies in coming quarters? Amnish Aggarwal answers
Amnish Aggarwal of Prabhudas Lilladher reports uneven consumer spending due to a mild summer. This impacts durables and staples. Capital goods and travel sectors are performing well. Pharma and healthcare are also showing good numbers. Power demand is down due to the weather. IRCTC's technology upgrade will help in the long run.

Train delayed, AC not working? Get a refund from Indian Railways by filing a TDR request on IRCTC - know when, how
IRCTC allows you to file a Ticket Deposit Receipt for things like trains running over three hours late, AC not working, or if your train takes a different route

IRCTC shares dip over 1% as website, app face outage
Shares of IRCTC dropped by 1%, following reports of a significant outage on its e-ticketing platform. Passengers took to social media to report issues with online ticket bookings, with many sharing screenshots of error messages.

IRCTC has stopped paying compensation to passengers for delay in private trains: RTI
IRCTC confirmed the discontinuation of the compensation scheme for delayed private trains, effective February 15, 2024. The scheme provided monetary compensation to attract passengers, with Rs 26 lakh distributed between 2019 and 2024. Reasons for discontinuation remain confidential.

Spinny trims losses; crypto exchanges’ FEMA worries
Used car sales startup Spinny cut down its losses sharply in FY24 while recording a revenue rise of 14 %. This and more in today’s ETtech Top 5.

IRCTC refund rules: How can you get refund for confirmed railway tickets after chart preparation?
According to Indian Railway Catering and Tourism Corporation (IRCTC): E-ticket cannot be cancelled after chart preparation. Users are requested to use the online TDR filing for such cases and track status of the refund case through tracking service provided by IRCTC. TDR can be filed as per Railway rules." Know here how to file a TDR.

IRCTC website goes down, users flood Twitter with complaints
IRCTC website suffered an outage for over three hours today due to technical issues.

Stocks in news: BEL, IRCTC, Hindustan Zinc, Cyient, Lupin, SBI
Bharat Electronics Ltd (BEL) has signed an MoU with Aeronautical Development Agency (ADA), DRDO, for the Advanced Medium Combat Aircraft (AMCA) programme. The MoU was announced on the sidelines of the “Bandhan” event held at Aero India 2023.

No free travel to police gallantry awardees in Rajdhani, Shatabdi; Railways cites financial reason
The proposal was mooted by Central Reserve Police Force (CRPF) and was taken up by the MHA with the railways. The Railway Board in its reply did not agree to the proposal citing financial and other reasons.

Bottom fishing? Mutual funds lapped up 7 stocks in bear grip in December
It seems the institutions are trying to bring their average price down as most of the stocks they have been buying have been underperformers and more importantly, the outlook does not give many reasons for a fresh buy, independent market expert Ambareesh Baliga told ETMarkets.com.

Institutional bids in IRCTC OFS strong; is it worth buying for retail investors?
The government received bids for 5,55,10,454 shares in the OFS from institutional investors against the offer size of 1,80,00,000 for the category, according to the data on the BSE website. This gave the government an opportunity to use the greenshoe option of 1,80,00,000 additional shares.

What to sell and what to add to your portfolio in Samvat 2078?
Gurmeet Chadha says he could be adding 4 names in his portfolio in the new year.

Sit on the sidelines in IRCTC; bet on 4 PSU stocks instead: Chakri Lokapriya
“Platform companies revenue growth will happen over time and for that one needs clarity. We will stay on the sidelines until there is some more clarity on whether IRCTC as a business model will evolve into a platform company which will grow the valuations. ”

Market Movers: United Spirits puts on a resilient show amid market collapse
The reason behind the stellar show by United Spirits was the management’s commentary. United Spirits management indicated that demand scenario was improving rapidly.

How to protect capital in high beta names? Anand Tandon answers
"If you think that the market is at a level where it is giving you sleepless nights, reduce your asset allocation. If you think that the market momentum is not likely to be changed, keep your asset allocation tilted towards equity; and if you are really bullish, go ahead and increase it."

Market Movers: What caused investors to pull the chain on IRCTC’s bull run?
From the day’s high, which was also IRCTC's record high, the scrip crashed 22 per cent and effectively entered a bear market. A technical bear market is defined as a 20 per cent fall from the recent high of security.

Blame it on bull market! Why metal, auto stocks continue to rise
“The fact that there is not a significant drop down in auto stock prices or a significant underperformance is an even more surprising phenomenon. But probably these are the signs of the bullish markets.”

Is the Indian market decoupling from global markets? More a case of resilience, says Gurmeet Chadha
“We will have to be a little watchful as typically rising yields, rising crude prices and DXY being high have not been favourable in the near term for us.”

What’s on the table? Rossari listing performance to decide IPO mart fate
Out of the 10 issues, four have seen their share prices more than double from issue prices.

Sudip Bandyopadhyay’s 3 trading picks for next week
At the first signal of things turning around, global investors as well as savvy domestic investors are trying to build portfolios.

PSU IPOs not for the long haul. Is IRCTC a breed apart?
Half of the PSU IPOs in the last 10 years debuted at a discount.

Travel firms train guns on IRCTC over new fee plan
IRCTC will now charge Rs 12 plus taxes for every ticket booked through online travel agents.
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