Experts Financial News

Stock split 2024: In a significant move, the board of directors of Rushil Decor Ltd has declared a stock split in a 1:10 ratio. This means that the company shares, currently valued at ₹10 per share, will be subdivided into ten equity shares of face value of Re 1 per share. The decision was made during a discussion on the unaudited Q4 results for 2024.

₹44.94 crore, is all set to open for subscription on Friday, May 31, 2024, and close on Tuesday, June 4, 2024. The SME IPO is entirely a fresh issue of 47.81 lakh shares.The TBI Corn IPO price band has been fixed at ₹90 to ₹94 per share with a face value of ₹10 each, and the IPO lot size is 1,200 shares.

General Elections 2024: How different poll outcome scenarios will impact equity, forex and bond marketsThe Indian stock market may see some volatility in the near term as the election outcome day draws closer. Market experts suggest picking stocks with strong technical indicators. Based on the recommendations of several experts, here are 10 stocks that may rise 8-16 per cent in the next 3-4 weeks.

₹5,270.05 apiece on BSE; the stock touched an intraday low of ₹5,199.50 and an intraday high of ₹5,280.For the current calendar year (2024), the Bayer CropScience stock price has slumped 5.43%. According to Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One, this has been an underperformer, and last week it was under tremendous pressure.

Asian counterparts, Indian blue-chip indices hit fresh record highs on Monday, driven by financial and metal stocks. The BSE Sensex hit new lifetime high of 75,679 before trading 206 points or 0.27% higher, at 75,615. Meanwhile, the Nifty50 scaled new peak of 23,043 before trading 58 points or 0.25% higher at 23,015 as of 9:19 AM.

Awfis Space Solutions IPO day 3: The initial public offering (IPO) of Awfis Space Solutions Limited opened on 22nd May 2024. In the first two days of bidding, the public issue received an overwhelmingly positive response from the primary market investors, indicating a strong potential for the IPO. As per the Awfis Space Solutions IPO subscription status, the public issue has been booked 11.41 times in the first two days of bidding.

Sensex eased 7.65 points, or 0.01%, to close at 75,410.39, while the Nifty 50 settled 10.55 points, or 0.05%, lower at 22,957.10.Nifty 50 formed a doji candle on the daily timeframe after a big bull candle on the previous day.“On the Daily chart, Nifty continues to hold above the 20 and 50-day SMA, which is a positive signal. The 14-day RSI at 67.5 is rising and not overbought, which is encouraging.

Stock market today: After making fresh highs in early morning trade, the Indian stock market settled flat on Friday last week. The Nifty 50 index settled at 22,957 after climbing to a new peak of 23,026. The BSE Sensex went off 7 points and ended at 75,410, while the Bank Nifty index finished 203 points higher at 48,971.

TaxSpanner estimates that Ghosh can reduce his tax outgo by more than Rs.1.1 lakh if his salary includes some more tax-free perks and he shifts from tax-inefficient fixed deposits to debt funds. Ghosh already has some tax-free allowances, but should explore the possibility of getting leave travel allowance (LTA). An LTA of Rs.1 lakh will reduce his tax by Rs.31,200. He should also ask his company for gadget allowance. Under Section 17(2), gadgets and household appliances bought in the name of the company and given to the employee for personal use are taxed at only 10% of their value. This perk came into focus during the ‘work from home’ phase after the Covid-induced lockdown. If Ghosh buys items such as computers, white goods and ACs worth Rs.1.2 lakh in a year (Rs.10,000 per month), his tax will be reduced by around Rs.37,500.

By R Gopalan and MC Singhi,

Leaders of China and Japan arrived in Seoul to meet separately with South Korea's president on Sunday, a day before they gather for their first trilateral meeting in more than four years. No major announcement is expected from Monday's trilateral South Korea-China-Japan meeting. But just resuming their highest-level, three-way talks is a good sign and suggests the three Asian neighbors are intent on improving their relations.

Bitcoin’s recent surge has shifted market dynamics, heralding a potential season of prosperity for alternative coins. Investors are casting a keen eye on promising lesser-known cryptocurrencies that might yield substantial returns. Among these are BLP, STRK, and SEI, each presenting unique opportunities in a market brimming with optimism. With the bull run of 2024 underway, understanding where to direct investment focus could be crucial for those looking to capitalize on the current financial climate.

Sometimes, it pays to pay with cash.  

Lounge spoke to experts to shed light on the process, offer tips to make your first mammogram a breeze, and guide you on how to stay breast cancer-aware. Breast cancer can be detected early if proper examination and specific tests are done regularly, especially once you turn 40. Certain gynaecological investigations and tests such as a pelvic examination, pap smear, and breast examination become more crucial for women's health as they approach the age of forty, says Dr.

—Name withheld on request As per your query we assume that you are a Hindu. With reference to your father, we assume that there is no right or interest of any other person in the property and that the same were held only by him and that his properties are self-earned and self- created.

₹272 per piece.The brokerage firm has given ‘sell’ rating, indicating a downside of over 31.4 per cent with a target price of ₹210 per share. The firm further predicts a significant price correction for the newest entrant on Dalal Street, viewing the company as simply another insurance provider that is demanding exceptionally high valuations.Also read: Go Digit IPO listing date today.

Joint Sword-2024A military exercise around Taiwan, US experts analysed that Beijing has an intent to make large-scale military drills around the island a regular move with the China Coast Guard (CCG) to play a more important role in a blockade, reported Focus Taiwan. Center for Strategic and International Studies (CSIS), a think tank in Washington, issued an article, where Bonny Lin, head of the CSIC's China Power Project, and fellow researcher Brian Hart analysed the two-day Joint Sword-2024A, which was launched on Thursday, three days after President Lai Ching-te was sworn in on Monday. Joint Sword-2024A was the third round of large-scale military exercises China has staged around Taiwan in recent years.

₹18,000-crore follow-on public offering's (FPO) anchor 30-day lock-in period is likely to expire on Monday, May 27. In the past, there has been selling pressure on company share prices near the end of the anchor lock-in. Vodafone Idea share price, which ended Friday's BSE trading session 7.54% higher at ₹15.11 per share, may face selling pressure on Monday's trade.As per the monthly charts, the Vodafone Idea share price has been forming a base around the 10.50–11.75 level and is also seen to be breaking out above its important resistance mark of 14.05, successfully managing to close above the same.

Week Ahead: Q4 Results, F&O expiry, Lok Sabha elections, global cues among key market triggers this weekAccording to Ajit Mishra, SVP of research at Religare Broking, the market's buoyancy over the last two weeks has countered the previously bearish sentiment. The Nifty is expected to move toward the 23,150-23,400 range soon.Also Read: Poll fever grips D-Street: Nifty 50, Sensex post biggest 2-week gain in 5 months; Will the bull run sustain post-June 4?"In the event of a dip, the 22,550-22,800 zone is expected to provide strong support.

Prince Harry and Meghan Markle's recent trip to Nigeria has left Prince William and Kate Middleton feeling ‘terrified’, according to royal expert Tom Quinn.Tom Quinn told the Mirror that the senior royals, especially William and Kate, are terrified of one thing above all others, that “Harry and Meghan will continue to organise trips across the world until they are seen as the public face of the royal family".“The fear is made worse because William knows that with his wife stricken with cancer he cannot compete and he can’t stop the Meghan and Harry rollercoaster," Quinn noted.

IPL, it has come down to this. The Sunrisers Hyderabad will take on Kolkata Knight Riders for this year’s bragging rights. It was probably not the first pick of experts, pre-tournament, to make it to the final, but it was not the last. The primary reason for this is SRH’s acquisition of Pat Cummins. As a bowler, Cummins is world-class, but his efficacy is highest in Test cricket. Cummins can hit a long ball but you would not go as far as putting him in the bowling allrounder category.