India Financial News

JNK India's stock had an impressive debut on the market today. Opening at ₹621 per share on the NSE, it marked a significant 49.63% increase from its issue price of ₹415. Similarly, on the BSE, the stock began trading at ₹620 per share.

Vodafone Idea shares. Seven other stocks need up to 10% rise to enter the MSCI index, Nuvama Equities said in a report. These stocks are Oberoi Realty, Zydus Lifesciences, Prestige Estates, Thermax, Nykaa parent FSN E-Commerce Ventures, Alkem Laboratories and Steel Authority of India (SAIL).

Bharatiya Janata Party (BJP) and its allies have emerged victorious on more than 100 seats in the crucial first two phases of the elections held this month. "Two phases of seven-phased Lok Sabha elections have been completed. As per the internal assessment of these two phases, the BJP and its allies are way ahead on 100 seats," Amit Shah told reporters in Guwahati.

Bank Nifty was up by 139.2(0.28%) at 30 Apr 2024 10:44:52 IST.In the BSE Sensex index Mahindra & Mahindra, Asian Paints, Tata Motors, Maruti Suzuki India, Bajaj Finserv were the top gainers while Tech Mahindra, Tata Steel, NTPC, HCL Technologies, Tata Consultancy Services were the top losers.In the Bank Nifty index Bandhan Bank, Indusind Bank, Bank Of Baroda, Axis Bank, Au Small Finance Bank were the top gainers while IDFC First Bank, State Bank Of India, Kotak Mahindra Bank, were the top losers.For the complete list of 52 week high stocks click here. Milestone Alert! Livemint tops charts as the fastest growing news website in the world

Best Mutual Funds to invest in 2024: What are the best mutual funds in India right now? Well, determining the top or the best mutual funds to invest in depends on various factors such as your investment goals, risk tolerance, investment horizon, and personal preferences. However, some types of mutual equity funds have outperformed their benchmark index in one year.

Stock Market News: The Sensex and Nifty 50, the domestic major indices, started Tuesday's trading day higher. Amidst robust global cues, the frontline indices continued to rise for the second day in a row. Early trading saw new record highs for the Bank Nifty and Nifty Midcap 100 indexes, while the India VIX, a measure of fear, climbed by more than 2%.

Prajwal Revanna, who is an alleged accused of sexual assault video case, himself publicly referred to the sex tapes that erupted a controversy across the state. Last June, the JD(S) leader sought a gag order to avoid dissemination of what he said “fake news" “morphed videos". Prajwal Revanna in June 2023 moved a Bengaluru civil court against 86 media houses and three persons in connection with the sexual assault videos, as per Indian Express report.

₹186.20. The Emmforce Autotech IPO had received a strong response being subscribed more than 197 times by final day of subscription. The retail portion had been subscribed more than 191 times.

₹841 crore in the fourth quarter of FY24 as against a net profit of ₹692 crore in the same period a year ago. Tata Chemicals said during Q4FY24 it recognised a non-cash write-down of assets with respect to UK (Lostock Plant), aggregating to ₹963 crore which has been disclosed as an exceptional loss. The Tata Group company’s revenue in the quarter ended March 2024 declined 21.1% to Rs 3,475 crore from ₹4,407 crore, YoY.

Also Read: Baba Ramdev 'crossed red line' with false COVID cure claims, people believed him: IMA chief on confronting Patanjali Among the products that have been suspended are: Swasari Gold, Swasari Vati, Bronchom, Swasari Pravahi, Swasari Avaleha, Mukta Vati Extra Power, Lipidom, BP Grit, Madhugrit and Madhunashini Vati Extra Power, 'Livamrit Advance', 'Livogrit', 'Eyegrit Gold' and 'Patanjali Drishti Eye Drop', The drug licensing authority suspended the licences of the products by the firm due to violations of the Drugs and Magic Remedies (Objectionable Advertisements) Act and the Drugs and Cosmetic Act. The firm did not provide the information sought regarding the products, and the explanation offered in defence was not satisfactory, the authority said in its order, news wire PTI reported quoting the order.

Also Read | India's crude oil consumption up 4.6% in FY24, output rises marginally at 0.6%, imports steady: PPAC Shell will perform ship-to-ship transfers to move about four 500,000-barrel cargoes of Access Western Blend (AWB) onto a Very Large Crude Carrier and ship the oil to the Sikka port, the sources said, where Reliance operates the world's biggest refining complex. Also Read | OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024; central banks face inflation challenge One of the sources said the deal was done at $6 a barrel discount to September ICE Brent on delivered basis.

India is undoubtedly a leading country in the deployment of artificial intelligence (AI) systems. A recent survey on cloud complexity by NetApp, a data infrastructure company, revealed that 70% of firms in India have AI projects up and running, as against 53% in the US, and that 91% of the companies in India plan to use their data to train AI models, as against a global average of 62%.

₹48 apiece on the BSE SME, a premium of 9.09% to the issue price of ₹44 per share. Shivam Chemicals IPO listing was above market estimates as ahead of the listing, Shivam Chemicals IPO GMP today, or grey market premium today was ₹2 per share. This indicated Shivam Chemicals shares would list around ₹46 per share.

₹621 per share, 49.63% higher than the issue price of ₹415. On BSE, JNK India share price today opened at ₹620 apiece, up 49.40% than the issue price. Market experts anticipated JNK India share price to open in the range of ₹500 to ₹520 per share.

Jana Small Finance Bank spiked 15.37% in today's early trading session, hitting a new record high of ₹577.20 apiece. This significant increase came on the heels of the company's strong financial performance for the March-ending quarter and the entire fiscal year of FY 24.

Motilal Oswal Financial Services Ltd (MOFSL) is tapping the bond market to raise up to Rs1,000 crore from non-convertible debentures (NCDs). The bond issue, the first of its kind from Motilal Oswal that offers investors interest of up to 9.7%. opened on 23 April and is set to close on 7 May. The issue is secured and redeemable, rated AA/stable by Crisil Ratings and India Ratings. 

Bank holiday on May 1: May 1 is celebrated as Maharashtra Day in honour of the formation of Maharashtra in India. It marks the anniversary of the day in 1960 when the state was officially formed after reorganising states on linguistic lines. May 1st is also observed as Labour Day, a day to honour the contributions of workers and the labour movement.

India saying the country is dreaming of becoming a superpower while the Islamic nation is begging to avoid bankruptcy. He asked, “Who is responsible for this?" “There are powers behind the walls controlling us, and they make decisions while we are just puppets," he accused the Pakistan government of “selling democracy" as quoted by ARY News. Rehman also expressed dismay over the state of representation in Pakistan, saying, “The governments are formed in palaces and bureaucrats decided who would be the Prime Minister." “How long will we continue to compromise? How long will we seek help from external forces for being elected as a lawmaker.

Bengaluru weather update: For the second day running, Bengaluru city saw its maximum temperature hold steady at 38.5 degrees Celsius, according to CP Patil, Director of Meteorological Centre, Indian Meteorological Department (IMD), Bengaluru. Meanwhile, Raichur district in Karnataka recorded the highest temperature in the state at 43 degrees Celsius, PTI reported. IMD had previously forecasted that Bengaluru's maximum temperature would reach 39 degrees Celsius today.

TTS is characterized by blood clots (thrombosis) combined with low levels of platelets (thrombocytopenia), which are necessary for blood clotting. It often involves unusual blood clot locations, such as in the brain (cerebral venous sinus thrombosis) or abdomen. Symptoms of TTS may include Severe or persistent headaches blurred vision Shortness of breath Chest pain Leg swelling Persistent abdominal pain Easy bruising or tiny blood spots under the skin beyond the injection site Though TTS is rare, it is important for individuals who have received vaccines associated with TTS to be aware of the symptoms and seek medical attention if they experience any of them within a few weeks of vaccination.

Day trading guide for today: The Sensex and the Nifty 50, key indices of the Indian stock market, concluded the trading session with notable advances, on April 29. The Sensex commenced trading at 73,982.75, surpassing its previous closing figure of 73,730.16, and reached an intraday peak of 74,721.15, marking an increase of 991 points, or 1.34 percent.