India Financial News

Sportskeeda.com revealed that he never managed to use Suryakumar Yadav to the best of his potential. Suryakumar Yadav started his career with Mumbai Indians in 2011 and even played a key role in winning the Champions League T20 that year. In 2014, he then moved to KKR for four years.

On This Day: Key events in history on May 14, From India banning LTTE in 1992 to Mark Zuckerberg's birthday “A car coming from Delhi misbehaved with our staff. Upon asking for the toll, the car drove over the staff member, injuring her severely.

₹239 crore from Southern Railway on Monday. Rail Vikas Nigam Ltd (RVNL) said in an exchange filing that it has got an order to provide an automatic block signalling system from Jolarpettai Junction to Erode Junction of the Salem Division of the Southern Railway. The order is to be executed within 12 months.

Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, started off Tuesday's session on a flat note amid mixed global cues. The domestic market was chiefly driven by metal, realty, and public sector undertakings (PSU) bank stocks. The 30-share BSE Sensex opened lower by 79.41 points, or 0.11%, at the 72,696.72 level, while the Nifty 50 started off at the 22,112.90 level, up 8.90 points, or 0.04%.

Lok Sabha election 2024: India VIX, also known as the Indian Volatility Index, is a measure of the market's expectation of volatility over the near term. Today, it continued its uptrend and touched a new 52-week high of 21.88.

LTIMindtree Ltd.(up 0.31 per cent), MphasiS Ltd.(up 0.25 per cent), Wipro Ltd.(up 0.17 per cent), L&T Technology Services Ltd.(up 0.03 per cent) and Coforge Ltd.(up 0.01 per cent) were among the top gainers.

Jyoti Structures Ltd.(up 4.91%), Gujarat Industries Power Company Ltd.(up 4.59%), KPI Green Energy Ltd.(up 3.88%), Torrent Power Ltd.(up 3.87%), NHPC Ltd.(up 2.51%), JSW Energy Ltd.(up 2.29%), Tata Power Company Ltd.(up 2.14%), SJVN Ltd.(up 2.07%), Kalpataru Projects International Ltd.(up 1.94%) and Suzlon Energy Ltd.(up 1.80%) were among the top gainers.

inflation and the threat of rising food prices will probably keep the central bank on hold for longer, with economists pushing out their expectations for interest rate cuts to later in the year. Consumer prices rose 4.83% in April from a year earlier, the Statistics Ministry said Monday, largely in line with the previous month’s figures and economists’ forecasts.

Starbucks India-origin CEO Laxman Narasimhan shared a heartwarming post on LinkedIn about his mother’s influence on his life. She was a lighthouse for me despite the many rocks that life doles out. «I am who I am and where I am because of her and because of my family. It’s a big void. She lives on inside me. God bless her, and God bless us all. Mothers do incredible things. It’s my first Mother’s Day without her. Celebrate all Mom’s on this Mother’s Day in the United States. They make us special,» he said in the post. «She was the backbone of our family despite having lost 2 kids and a husband by the age of 48. She instead devoted her life to children- as a kindergarten teacher of many,» he said. «She loved America- and wish she had come here when she was younger. Never once did she complain about all of this- all may be once, when I was upset with her that she had not posted my Harvard application. She read in a book that the college was too competitive and she did not want me there. She was relieved when Harvard called me to speak there once. She celebrated like I had been admitted there and felt less guilt then,» he said.

Stoks to buy today: After weak opening during morning deals, the Indian stock market witnessed sharp recovery on Monday. All frontline indices ended higher whereas the broad market indices witnessed sharp upswing from the intraday low. The mid-cap index finished 0.36 percent higher whereas the small-cap index recovered 800 points from the intraday low.

The Nifty future closed positive with gains of 0.38% at 22224 levels. India VIX was up by 11.53% from 18.47 to 20.60 levels.

ANI reported. In response to a question over India’s deal with Iran on the strategic Chabahar port, Vedant Patel said that US sanctions on Iran remain in place and the US will continue to enforce them.

For efficiency, the form of an instrument must follow its function. This logic applies to India’s defence too, which is why there is no valid argument against aligning our armed forces to focus on potential theatres of war. How well we fare could depend on how well we’re geared for hostilities on a particular front—be it western, northern or maritime.

Q4 Results Today: Bharti Airtel, Siemens, Colgate-Palmolive (India), BASF India, Apollo Tyres, and PVR Inox, among 97 companies expected to post their earnings on May 14 for the fourth quarter that ended on March 31, 2024. On May 13, the benchmark indices continued their upward trajectory.

Gold prices were flat on Tuesday, as investors awaited key U.S. inflation data that could provide more clues on the Federal Reserve's policy path.

Aluminum products maker Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, made public its filing for an initial public offering in the United States on Monday. The company is moving ahead with a listing at a time when the U.S. IPO market is on a rebound this year, after a two-year lull, on hopes of a «soft landing» for the economy, where inflation falls without a recession or big job losses.

Having displaced the US, China is back in the top spot as India’s biggest trade partner, with bilateral trade hitting $118.4 billion in fiscal 2023-24, according to Global Trade Research Initiative data. This was made up of $101.7 billion in imports by India, up 3.2%, and $16.7 billion in Indian exports, up 8.7%.

Stock market today: Despite a downturn in morning session, the Indian stock market showcased its resilience by demonstrating a significant recovery, closing higher on Monday. The Nifty 50 index concluded 48 points higher at 22,104, while the BSE Sensex ended 111 points higher at 72,776. The Bank Nifty index surged 333 points and settled at 47,754.

LTTE, a Sri Lankan rebel group commonly known as the Tamil Tigers. This decision was prompted by the group's involvement in violent activities and its aim for an independent Tamil state in Sri Lanka, which posed a threat to India's national security. The ban was part of a broader international effort, as many other countries also proscribed the Tamil Tigers due to their use of terrorism tactics.

Sensex gained 111.66 points, or 0.15%, to close at 72,776.13, while the Nifty 50 settled 48.85 points, or 0.22%, higher at 22,104.05. Nifty 50 formed a ‘Bullish Hammer’ candlestick pattern on the daily chart, which indicates short term bullish trend reversal. Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, India inflation to GameStop rally “Hence, a move above Monday high could lead to positivity in the near term.

Buy or sell stocks: Despite a gapdown opening, the Indian stock market demonstrated a significant recovery, closing higher on Monday. The Nifty 50 index concluded 48 points higher at 22,104, while the BSE Sensex ended 111 points higher at 72,776. The Bank Nifty index surged 333 points and settled at 47,754.