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Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50 started Thursday's session at record highs after better-than-expected economic data. The Nifty Midcap 100 index opened the day at a record high.The 30-share BSE Sensex opened higher by 495.48 points or 0.65% at 77,102.05 level while the Nifty 50 started off at 23,480.95 level, up 158 points or 0.68%.Also Read: Sensex Today Live Updates: Sensex, Nifty open at record high led by global cues; Gensol, Sobha shares gainAccording to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, there is excellent news on inflation in both the US and India.

Also Read: Top Stock Recommendations: Osho Krishan suggests buying these two stocks todayHDFC Life Insurance, LTI Mindtree, Divi’s Laboratories, Shriram Finance and Wipro were the top gainers on the Nifty 50 constituents, while Tata Consumer Products, Britannia Industries, Hindustan Unilever, Cipla and Eicher Motors were the top losers.Positive global cues and favourable domestic economic data led the rally in the Indian stock market. The domestic equities followed an upmove in Asian markets and US stock market after softer than expected US inflation data and the US Federal Reserve policy decision.Read here: US Fed holds key rates elevated at 23-year high, expects single 0.25% reduction in 2024; 5 key takeaways from Fed PolicyThe US consumer price index (CPI) came in at 3.3% in May, down 0.1 percentage point from April’s 3.4%.Meanwhile, the US Federal Reserve kept its benchmark interest rate unchanged for the seventh straight meeting on Wednesday and said that “modest" progress had been made toward its long-term inflation target of 2%.

IND vs USA T20 World Cup 2024 match: A Pakistan fan who claimed to have sold his tractor worth $3,000 to buy tickets for the India vs Pakistan match on June 9 backed Rohit Sharma’s boys on June 12 as the Men in Blue faced the United States.The man, wearing a Pakistan jersey, had flags of India and Pakistan painted on his face as he spoke to ANI.“I sold my $3,000 tractor to watch the IND vs PAK match, which we lost. I was quite disappointed. But, Indians supported me a lot.

Watch Video hereMoreover, it added that, “The shape also suggests that it's part of the supernova shock wave that recently ran into a region of dense gas, which causes the Pencil Nebula to glow."Netizens were amazed by the breathtaking sight of the Pencil Nebula. Comments were posted where they expressed their awe, with one user expressing a desire to witness its beauty firsthand.One user called it, “Stunning", another user called it, “Awesome"“Would love to see this magnificent view with my own eyes," a user added.Another user said, “Super awesome equipment being used nowadays mind blowing"Meanwhile, the US space agency had released stunning image of dusty spiral galaxy named NGC 4414, the galaxy is 60 million light-years away.

Senators criticized top federal officials over the rise of illegal electronic cigarettes in the U.S., a multibillion-dollar business that has flourished in recent years

U.S. stocks closed higher following a surprisingly encouraging update on inflation

The United States has widened its sanctions against Russia as G7 leaders prepare to gather in Italy for a summit where top priorities will be boosting support for Ukraine and grinding down Russia’s war machine

Union flight attendants are getting help from some members of Congress as they try to negotiate new labor contracts

Dr Reddy’s Laboratories: The company has signed a licensing agreement with US-based Ingenus Pharmaceuticals to commercialise Cyclophosphamide injection, a cancer treatment. Under the agreement, Dr Reddy’s will commercialise the injection for the US market and pay Ingenus 50% of the calculated profit share.Torrent Pharmaceuticals: The company announced on Wednesday that it has received a Form 483 with five observations from the US FDA following an inspection of its manufacturing plant in Indrad, Gujarat.Whirlpool of India, Hindustan Unilever: The two companies announced a new marketing alliance for Surf Excel.

Sensex gained 149.98 points, or 0.20%, to close at 76,606.57, while the Nifty 50 settled 58.10 points, or 0.25%, higher at 23,322.95.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 13“Nifty is witnessing consolidation for the past three days in absence of fresh domestic triggers while cautiously awaiting US CPI and US Fed policy outcome. Market is likely to consolidate in the near term with a positive bias," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.Here are key domestic and global market cues for Sensex today:Asian markets traded higher on Thursday following overnight gains on Wall Street after the US Fed interest rate decision.Japan’s Nikkei 225 rose 0.56%, while the Topix was flat.

Stock market today: Despite mixed trends from the global markets, the Indian stock market snapped two days fall and ended higher on Wednesday. The Nifty 50 index 58 points and closed at 23,322 while the BSE Sensex scaled 149 points and finished at 76,606. The Bank Nifty index ended 189 points higher at 49,895.

India won the toss and decided to ball first. During the USA's innings, the team gave a target of 110 with the loss of 8 wickets. During the match, opener Shayan Jahangir was out for a duck.

Elon Musk of fostering a sexist "Dark Ages" culture at the company, according to an AFP report. The civil complaint, lodged in a Los Angeles court, claims the workers were terminated after they published an open letter expressing their concerns and urging SpaceX's board to distance itself from Musk.“Elon Musk trumpets SpaceX as the leader to a brave new world of space travel," the court filing states.

Sensex gained 149.98 points to close at 76,606.57, while the Nifty 50 settled 58.10 points, or 0.25%, higher at 23,322.95.Also Read: Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US Fed policy to inflation dataNifty 50 formed a small negative candle on the daily chart with upper shadow. “Technically, this pattern signals a range bound action in the market at the crucial hurdle of around 23,400 - 23,500 levels.

India vs USA Highlights: Suryakumar Yadav's stunning half-century lead IND to T20 World Cup 2024 Super 8 stageA team is hit with the ‘stop-clock’ penalty if they take more than a minute between overs even after receiving two warnings. The rule was introduced by the International Cricket Council (ICC) in an effort to speed up play, AFP added.On June 12, USA was penalised at the start of the 16th over.

Dekh humare Abba kaise jitate hai slow pitch par, [See, how are father win even on the slow pitch]" a meme said."Dekh rha hai Shaheen, kaise humko World Cup se bhara karne ki planning chal rhi hai…[Are you watching Shaheen Afridi, how is the plan o oust us from the World Cup is working out]," another user posted.

emergency exit door, blew out, causing an uncontrolled decompression of the aircraft. The aircraft returned to Portland and several passengers required medical attention after landing.As a result, the National Transportation Safety Board of the US opened an investigation into the Alaska Airlines incident and weeks later, the NTSB was also investigating another incident in February in which a United Airlines pilot in a Boeing 737 Max-8 reported stuck rudder pedals during a landing.“I think Boeing has work to do.

Copa America 2024 schedule, matches, fixtures, teams details are out. The continental soccer tournament, featuring FIFA World Cup 2022 winners Argentina and Brazil, will be played in the US between June 20 and July 14.

Argentina’s regulators could be set to crack down on third-party Worldcoin (WDC) resellers, as scrutiny of the project continues in the Latin American nation.

On days when the crypto market consolidates, and Bitcoin (BTC) pumps following the news of favorable US economic data, it is customary for the crypto market to see major altcoins struggle. In this case, savvy traders shift their focus to the day’s top crypto gainers and surf through tools like DEXScreener to find big movers coasting through on-chain markets.

Bitcoin (BTC/USD) is currently trading at $69,615, with analysts closely watching the upcoming release of the US Core Inflation Rate. This economic indicator is pivotal for shaping market expectations and could significantly influence Bitcoin’s trajectory.