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Stocks to buy or sell: Despite buying in banking stocks, weak global cues continued to drag the Indian stock market on Thursday. The Nifty 50 index finished lower for the fifth straight session as the 50-stock index lost 216 points and closed at 22,488. The BSE Sensex nosedived 617 points and finished at 73,885.

Also Read: Beacon Trusteeship IPO booked over 465 times on day 3; check GMP, subscription status, key dates, moreThe initiation of the refund process will commence on Monday, June 3 for individuals not given shares. Those allotted will receive their shares in their demat accounts on the same day itself.Beacon Trusteeship IPO listing date is scheduled for Tuesday, June 4.If you have applied for the Beacon Trusteeship IPO, you can do a Beacon Trusteeship IPO allotment status check online on the website of the IPO registrar, Kfin Technologies Ltd today.Here's Beacon Trusteeship IPO allotment link - https://ris.kfintech.com/ipostatus/You will be able to view the status by clicking five links after clicking the previously stated link.Open one of the five provided URLs, then select Beacon Trusteeship IPO from the drop-down box in the "Select IPO" section.Choose the Application No., Demat Account, or PAN to view the status.- Enter the captcha code after the application number if you choose that option.

Stock market today: Despite strong buying in banking stocks, the Indian stock market ended lower for the fifth straight session on Thursday. The Nifty 50 index lost 216 points and closed at 22,488, while the BSE Sensex shed 617 points and ended at 73,885. However, the Bank Nifty index gained 181 points and closed at 48,682.

Post office deposits: In today's financial landscape, individuals often seek avenues to maximise savings while optimising tax benefits. While several investment instruments offer tax-saving advantages under Section 80C of the Income Tax Act, Post Office Savings Schemes don't fall under this category. Let's delve into five such schemes provided by the Post Office that remain viable options for conservative investors despite not offering Section 80C tax-saving benefits.

election campaign of the Lok Sabha polls ended on Thursday, Congress' star campaigner Priyanka Gandhi's marathon election campaign in this poll season clocked 108 public meetings and roadshows, more than 100 media bytes, one television interview, and five print interviews spread over the last 55 days, the party said. Priyanka Gandhi, who campaigned in 16 states and one union territory, hit back at Prime Minister Narendra Modi's attack on the Congress party and his allegations in a measured manner. Her speeches garnered adequate attention in this election as she shattered the Prime Minister and the Bharatiya Janata Party's efforts to misdirect the narrative, the Congress said. Gandhi's dialogue, conversation style, gentleness, simplicity, and humility received much praise from the public.

Microsoft Corp., Apple Inc., Nvidia Corp., Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. account for 30% of the benchmark, up from about 26% at the start of the year, according to data compiled by Bloomberg. The S&P 500 is weighted by stocks’ market capitalizations.

Two Citgo oil executives detained for nearly five years in Venezuela have sued their former employer for more than $400 million

Blade is set to make a return to the Marvel Cinematic Universe (MCU). Here's everything we know about the vampire superhero movie, including its release date, cast and story details.

With the crypto market enjoying an uptrend—Bitcoin hitting a new all-time high (ATH), Ether nearly reaching its peak, and meme coins starting to pump again—RWA project Lingo has begun its airdrop season to reward its strong and vibrant community.

insurance premium and that by making an instant payment towards it, you will save 20 or even 30 per cent of the premium?When colossal frauds amounting to crores are taking place, why would someone perpetrate a minor crime to the tune of a few grands? Well, these may be some of the questions that could perplex you, but some con artists are happy to fleece gullible investors without making them sound suspicious.Something similar happened to one Gurugram-based policyholder, Udit Bhandari, who received a call from someone who claimed to be from ICICI Lombard. The caller managed to win Bhandari’s trust when he shared the policy details.

PM Narendra Modi also gave nearly 80 interviews to the media, The Hindu quoted sources in the Prime Minister’s Office as saying. The results of the Lok Sabha elections 2024 will be declared on June 4.According to News18, PM Modi attended five events in a single day for three days, and on 22 days, he addressed four events daily.Uttar Pradesh, which sends maximum number of Parliamentarians, saw as many as 31 rallies by the prime minister.

Generative AI is poised to reshape the landscape of financial advice for retail investors, with more GenAI tools emerging as a prominent source of advice, according to a new report from Deloitte.

TPG Asia on Thursday sold its entire stake in wire and cable manufacturer RR Kabel through block deals, according to exchange data. TPG Asia offloaded about 5% stake or just over 56 lakh shares at around Rs 1,701 apiece. This valued the deal at around Rs 958 crore.

Fatemah Ahmedi* feels like a loser.

«We have been through a variety of political dispensations in the last three decades and growth has been in the 6-7% area. India rarely grows much faster than 7% and rarely grows much slower than 6%,» says Saurabh Mukherjea, Marcellus Investment Managers. Tell us what exactly were the conversations like when you were sitting far away from India, but looking at India from the foreign lens, in conversation with some of your prospective clients? What were they asking you or probing you, what were they most curious about? Let me break it into three parts. Obviously, the first discussion tends to be, what will happen in the elections, what do you think? And my response is, I really do not know. You can read the newspapers as well as anybody else can, I tell my clients. And the simple point of view on that is, regardless of what happens in the election, it looks like there will be policy continuity.

flight simulator provider Simaero on Thursday announced investing USD 100 million in India to train up to 5,000 pilots over the next five years, wherein the company will also set up training infrastructure and simulators. At the current exchange rate, USD 100 million translates to more than Rs 8,300 crore. The construction of its training facility is underway in the national capital and is expected to be completed by the fourth quarter of 2024. The facility, which will be spread over 4,500 square metres, will feature eight full-flight simulators for A320 neo and B737NG aircraft types. «The facility will offer comprehensive training solutions, with devices certified by both DGCA and EASA authorities, and an in-house ATO (Approved Traininig Organisation) covering all main pilot recurrent training programmes, including initial type rating and recurrent training, with various aircraft-type simulators for airlines,» the company said in a release.

correction from current levels should not shake the confidence of investors and they should remain invested with a view beyond June 4, the day when the fate of the incumbent NDA government and the India alliance will be decided, experts opine. Post the event, the focus will get back to earnings, growth, and India's long-term economic potential, they argue. A day before the final phase of polling, chips were down on Thursday, with markets falling over 150 points to the day's low of 22,540.90. Over the last five sessions, Nifty has corrected by 427 points or nearly 2%.

Risk in the mortgage market has likely more than doubled since 2019, according to new research by the Canada Mortgage and Housing Corporation.

This listing follows the SEC’s approval of a total of eight spot Ethereum Exchange Traded Funds (ETFs). Following this major move for ETFs in the Web3 space, traders have begun to diversify their holdings in order to get the most out of the market. Out of the thousands of available altcoins, five have stood out the most as cryptos that can surge in value immensely, and these include KangaMoon (KANG), NEAR Protocol (NEAR), Ethereum Classic (ETC), Chainlink (LINK) and Ethena (ETA). Let’s take a look at these cryptocurrencies:

mutual funds have been among the top 10 winners in the last five years of the Modi government, data crunching by ETMutualFunds showed. Around 108 sectoral/thematic funds were in the market in the said period. Out of the top 10 sectoral/thematic funds, eight schemes were from the infrastructure sector. Infrastructure funds have offered an absolute return of up to 380% in the last five years of the Modi-led government. Quant Infrastructure Fund, the topper in the list, gave an absolute return of 379.75% in the last five years. Invesco India Infrastructure Fund delivered 282.53% in the said period.

TPG Asia is selling its entire stake in wire and cable manufacturer RR Kabel through a block deal on Thursday to raise Rs 957 crore ($114.9 million), according to a term sheet reviewed by ET. TPG Asia holds a 5% stake in the company as of the end of March 2024, according to BSE filings. The PE firm acquired a 21% stake in RR Kabel five years before the IPO that was launched in the second half of 2023, and since then, it has been consistently pruning its stake.