A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment
Quest Laboratories made its debut on the NSE SME platform on Thursday, starting with a 60% premium. The stock opened at Rs 155, surpassing its issue price of Rs 97. Before its listing, the company's shares were trading at a premium of Rs 80 in the unlisted market.
Karnataka government sources revealed that the Ministry of Home Affairs (MEA) is in the process of cancelling MP Prajwal Revanna’s diplomatic passport. Revanna has been alleged of multiple sexual harassment allegations. Despite a Special Investigation Team's formation, Revanna is evading authorities. If his passport is cancelled, he would be compelled to return and charges including rape and sexual assault.
Reliance Industries Ltd.’s Tira, a new venture in India’s beauty sector, leverages AI for personalized experiences like fragrance selection and skincare analysis. With 12 stores and online presence, Tira competes with Nykaa and Tata Group’s Palette in a rapidly growing market. Reliance's diversification strategy aims for innovation and market dominance.
The 30-share BSE Sensex was up 251.07 points at 74472.13
Despite the pre-election rally that has propelled the stock market to a historic market capitalization of $5 trillion, Prime Minister Narendra Modi has expressed confidence that both the BJP and the stock market will achieve fresh record highs on June 4, coinciding with the announcement of Lok Sabha election results.
This election season, playful campaign songs have been used by candidates to appeal to voters in India. These songs, sung in local dialects, reflect the linguistic and cultural diversity of the national capital. Some Haryanvi songs, like "Phir se Modiji ki sarkar dekhna chahusu," are popular among voters. BJP candidates, such as New Delhi candidate Bansuri Swaraj, have composed songs that highlight their roots and family background.
Supported by hawkish Federal Reserve remarks, gold prices for June futures contracts on MCX opened unchanged at Rs 72,575 per 10 grams, marking a decrease of Rs 471 or 0.64%. Gold stabilized following its largest decline of the month, influenced by Federal Reserve comments indicating a prolonged period of higher US interest rates to counter inflation.
The Nifty Realty index was trading 0.44 per cent up at 1023.35.
Concrete production involves mixing sand and gravel with cement and water. It is a major producer of greenhouse gases, responsible for around 7% of the world's emissions, according to the United Nations.
A 17-year-old's involvement in a fatal car crash in Pune has led to arrests, including the father and pub staffers. The father reportedly instructed his driver to let his son drive the Porsche Taycan, despite the teenager not having a driving license. Protests have erupted outside the court, emphasizing the public's demand for justice.
Top brokerages issue ratings and targets for key stocks: Motilal Oswal upgrades HDFC Life to buy; Jefferies reaffirms buy for Sun Pharma; UBS stays neutral on Nykaa; Jefferies advises hold on Jubilant FoodWorks. Analysts anticipate growth trajectories and address performance factors.
33,000 Delhi Police personnel, 51 paramilitary companies, and 17,500 Home Guards from Rajasthan, Uttarakhand, and Madhya Pradesh to be deployed for Lok Sabha polls on May 25. Delhi Police completed preparations with drones and CCTV monitoring sensitive areas.
Gilt funds are not recommended to regular debt investors because they are risky and volatile. Gilt funds suffer the most when the rates go up. The bond prices and yields move in opposite directions. When the rates go up, bond prices come down. This drags down the NAVs of schemes.
By 2100, the permanent loss from additional warming under a “business as usual” scenario would rise to 52%, representing trillions of dollars in economic destruction.
BEML surged 195%, hitting record highs. Traders advise holding for potential 5000 levels, supported by chart pattern, strong momentum, positive Q4 results, technical analysis, positive volume activity, and sustained outperformance against NIFTY.
Sonam Udasi, Senior Fund Manager at Tata Mutual Fund, discusses the fund's sector exposure, highlighting an overweight position in consumer services and underweight in consumer staples. He emphasizes the fund's adaptability to changing consumption patterns over the next 5-10 years. Udasi says: "I believe every equity investor, whatever theme they are investing in, they are looking for growth. If you can find growth at some value, that is where nirvana is as an investor."
Go Digit's shares listed on NSE and BSE at a premium. The stock debuted at Rs 286 on NSE and Rs 281.1 on BSE, with strong interest from buyers.
The NSE Nifty index was trading 69.0 points up at 22666.8
Clear broth, coconut water, herbal teas and other unconventional foods and drinks to stop diarrhea. How to treat diarrhea naturally?
HDFC Securities initiates coverage on healthcare stocks for potential value unlocking. Among them are Apollo Hospitals Enterprise and Dr Lal Pathlabs.
Bollywood star Shah Rukh Khan has been discharged from Ahmedabad's KD Hospital after experiencing a heat stroke and dehydration. His wife, Gauri Khan, and close friend, Juhi Chawla, confirmed his recovery and expect him to return to support Kolkata Knight Riders in the IPL final on Sunday. The incident coincides with a severe heatwave across India, prompting warnings and health advisories. The National Disaster Management Authority advises staying hydrated, avoiding alcohol, and seeking medical help if symptoms of heatstroke persist.
