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11.06 / 05:21
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Stocks in focus: Ruchit Jain of 5paisa recommends buying Aarti Industries, and Dalmia Bharat today
Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, were mostly unchanged at the opening bell on Tuesday. The indices were somewhat higher than their closing levels from the day before.In early trade, the Sensex fell 113.63 points to 76,376.45, while the Nifty 50 dropped 29.6 points to 23,229.60.On Monday, the market indices finished with a little decline after reaching all-time highs earlier in the day.
11.06 / 05:21
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Gold price dips ahead of US Fed meeting. Opportunity to buy in this correction?
₹71,251 per 10 gm and touched an intraday low of ₹71,072 within a few minutes of the commodity market's opening bell. In the international market, the COMEX gold price oscillates around $2,320 per troy ounce, whereas the spot gold price is around $2,303.According to commodity market experts, gold prices today are under pressure after better-than-expected US job data, which dents the US Fed rate cut buzz.
11.06 / 05:21
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Comprehensive buying guide to choosing the perfect TV for movies, games, and everything in between
What size and resolution should you choose for a TV?The 1080p resolution is perfect for smaller screens up to 43 inches and 4K resolution is perfect for 50 inch and above. For gaming consoles, it is recommended to go for the 4K resolution for best picture quality in all modern titles. Another emerging screen resolution is 8K which is the superior resolution but it is expensive, and the content is also limited.
11.06 / 04:09
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Nifty 50 Share Price Live Updates: Nifty 50 opened at ₹23283.75
This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Share Price Today Live Updates: The NIFTY Realty at (1.46%), NIFTY GS 10 Yr at (1.15%) & NIFTY PSE at (0.89%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Financial Services 25/50 at (-0.39%), NIFTY PVT Bank at (-0.39%), NIFTY Bank at (-0.35%) are currently the low performing sectors Nifty 50 Share Price Today Live Updates: The Nifty 50 opened at 23283.75 (0.11%) , 24.55 points higher than the previous closing.
11.06 / 04:09
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ixigo IPO day 2: GMP, subscription status to review. Should you apply to Le Travenues Technology IPO?
ixigo IPO day 2: The initial public offering (IPO) of ixigo, which opened on 10th June 2024, has received a robust response from primary market investors. The public issue worth ₹740.10 crore will remain open till 12th June 2024. The company has fixed the ixigo IPO price band at ₹88 to ₹93 per equity share, and the book build issue is proposed for listing on BSE and NSE.
11.06 / 04:09
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Bank Nifty Share Price Live Updates: Bank Nifty opened at ₹49751.2
This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY Realty at (1.42%), NIFTY GS 10 Yr at (1.15%) & NIFTY PSE at (0.89%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Financial Services 25/50 at (-0.39%), NIFTY PVT Bank at (-0.39%), NIFTY Bank at (-0.33%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 49751.2 (-0.06%) , -29.7 points lower than the previous closing.
11.06 / 04:09
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Nifty 50, Sensex today: What to expect from Indian stock market in trade on June 11
Also Read: Stock market today: Nifty 50, Sensex snap 3-day winning run amid weak global cues; mid, smallcaps outperformThe NSE Nifty 50 index fell 0.13% to 23,259.20, while the S&P BSE Sensex ended 0.27% down at 76,490.08. Both benchmarks grew approximately 0.5% at the start and reached record highs before relinquishing gains.Vinod Nair, Head of Research at Geojit Financial Services, stated that the Indian market currently lacks new catalysts following the creation of the new government at the centre, implying that some consolidation may occur in the near future.
11.06 / 01:03
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Dividend stocks: Asian Paints, Tata Motors, Jindal Saw among 6 stocks to trade ex-dividend today
Dividend stocks: Shares of Asian Paints Ltd, Jindal Saw Ltd, Kriti Nutrients Ltd, Kriti Industries (India) Ltd, Tata Motors Ltd, and Tata Motors Ltd DVR will be in focus when the stock market opens on June 11 (Tuesday).The Board of Directors of these companies had declared special dividends and final dividends for their eligible shareholders.These companies had fixed June 11 as the record date to ascertain the eligibility of shareholders for their respective issues.Shares of Asian Paints Ltd, Jindal Saw Ltd, Kriti Nutrients Ltd, Kriti Industries (India) Ltd, Tata Motors Ltd, and Tata Motors Ltd DVR will trade ex-dividend on Tuesday (June 11).Asian Paints: The company had declared a final dividend of ₹28.15 per equity share for the financial year 2024.In a stock exchange filing, Asian Paints said the Board of Directors “Recommended payment of final dividend of Rs. 28.15 (Rupees twenty-eight and paise fifteen only) per equity share of the face value of Re.
10.06 / 16:47
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Budget, US elections - Here are 5 key factors to trigger stock market performance in next few months
Chandan Taparia recommendations: How to trade Hero Motocorp, Ultratech Cement, Cipla shares on June 11?"With the general elections behind us, market participants will focus on several critical factors in the coming months. Additionally, the Union Budget will be a major event, with expectations and reactions influencing market dynamics.
10.06 / 15:42
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Norwegian wealth fund to vote against Elon Musk's Tesla pay package
Norway’s sovereign wealth fund managed by Norges Bank Investment Management said Saturday it will vote against Elon Musk’s hefty CEO compensation package during Tesla’s annual meeting on Thursday
10.06 / 15:42
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Netflix's recipe for success includes 'secret sauce' spiced with Silicon Valley savvy
Although its video streaming service sparkles with a Hollywood sheen, Netflix still taps its roots in Silicon Valley to stay a step ahead of traditional TV and movie studios
10.06 / 14:13
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Chandan Taparia recommendations: How to trade Hero Motocorp, Ultratech Cement, Cipla shares on June 11?
IT stocks: Sector rotation, demand recovery hopes may support; Infosys, Wipro, Cyient among Emkay Global’s top picks“Nifty index opened positive and went on to touch a fresh all time high of 23411 zones and remained in the range of its opening tick throughout the day. It took support at 23227 and closed with marginal losses near 23260.
10.06 / 13:11
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From tax schemes to pension demands: Modi's new finance minister has their work cut out as challenges mount
PM Narendra Modi and his new council of ministers, speculation is rife about who will be the next finance minister. Will Nirmala Sitharaman retain her position in the finance ministry for a consecutive second term, or will she move to a different ministry this time?
10.06 / 12:25
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When a decade is a short time in the market
asset markets. When we talk about various asset classes, we often mention expected long term returns, and sometimes in the passing, we also talk about the volatility of short term returns. But have you ever thought about what long term really means?
10.06 / 11:47
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EIH Associated Hotels stock rallies 17%, hits record high after board considers bonus shares
₹845. This rally was followed by the company's announcement that it would hold a board meeting on June 14 to consider issuing bonus shares."The meeting of the Board of Directors of the Company will be held on Friday, June 14, 2024, to consider and recommend, interalia, capitalization of reserves by issuing Bonus Shares to the Equity Shareholders of the Company, subject to the approval of the Shareholders," said the company in a filing to the exchanges.Also read: Multibagger Stock: Torrent Power records 240% surge in 17 months, zooms 525% in 5 yearsOver the past year, the company's shares have risen by 61.3 per cent, and in the current calendar year, the stock has surged by 73.5 per cent.
10.06 / 08:17
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EIH Associated Hotels shares rally 17% ahead of bonus shares issue plan
EIH Associated Hotels, the flagship company of The Oberoi Hotels, rallied 17% on BSE on Monday to its fresh 52-week high of Rs 845 as the company announced June 14 as the date for the board meeting to consider the issue of bonus shares. «The meeting of the Board of Directors of the Company will be held on Friday, June 14, 2024, to consider and recommend, interalia, capitalization of reserves by issuing Bonus Shares to the Equity Shareholders of the Company, subject to the approval of the Shareholders,» said the company in a filing to the exchanges.
10.06 / 08:01
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Nifty 50 can add 1,200 points in June, says Nirmal Bang; lists 2 technical and 2 fundamental stock picks
Read here: Stocks to buy: Top four stock picks by Kotak Equities for JuneThis is because the favourable result of the Modi-led NDA forming the government for the third straight term will lead investors to think for the next 5 years and leave aside near-term over-valuations.However, in the latter part of June, the brokerage believes the focus will shift to the Budget wherein the government has received a bonus from RBI in the form of a Dividend of ₹2,11,000 crore which will support the budget for higher capital spending and lowering the fiscal deficit."We may see some softness in the market towards the later part of June month as the market will start factoring in June quarter results. The June quarter results are likely to be soft on account of slowdown in activity due to election and extreme heat waves," it said.Read here: Paytm share price gains over 8.5% to cross ₹400 mark after 8 weeksMoreover, it added that with sticky inflation the rate cut cycle got postponed from June to November in the US but corporate results for the March quarter were strong and ahead of expectations, that supported the market and took it to a newer high.
10.06 / 08:01
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Food
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TDP leader Chandrababu Naidu's family-run Heritage Foods shares jumps 100% in one month. More steam left?
Multibagger stock: The market performance of Heritage Foods shares, a family-run business led by TDP leader Nara Chandrababu Naidu's family, has been nothing short of extraordinary. In the past six sessions alone, Heritage Foods share price has consistently hit the 10 percent upper circuit, propelling the FMCG stock to new heights.
10.06 / 08:01
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3C IT Solutions IPO share allotment to be finalised on June 10; here's how to check status
3C IT Solutions IPO: SME issue subscribed over 20 times on day 4; retail investors show strong demandAs the company is expected to finalise the share allotment today, June 10, investors who placed their bids for the shares during the issue subscription period can check 3C IT Solutions IPO share allotment status online through the BSE website and the official portal of the IPO registrar, Skyline Financial Services Private Ltd.On June 11, the company will credit shares to the demat accounts of investors who received allotments and initiate refunds for unsuccessful bidders.3C IT Solutions IPO share allotment status can be checked online by following the simple steps below.Step 1: Go to the website of Skyline Financial Services Private Ltd (https://www.skylinerta.com/)Step 2: Under the "Investors" tab, select "Public Issue".Step 3: Select the company's name in the "Check Application Status" dropdown. Remember that the name of the company will appear only after the allotment status is finalised.
10.06 / 05:47
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Stocks to buy: Federal Bank, Neogen Chemicals among top four stock picks by Kotak Equities for June
Also Read: Stock market today: Sensex, Nifty 50 hit record high after PM Narendra Modi takes oath as PMThe brokerage firm expects earnings of the Nifty-50 Index to grow 10% in FY25E and 14% in FY26E (FY24 growth was 20%). OMCs alone contributed 29% of the incremental profits of FY24. In FY25E, it expects banks, diversified financials, IT services and metals & mining to provide bulk of the incremental profits for the Nifty-50 Index.
10.06 / 05:25
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IPO listing: Kronox Lab Sciences share price debuts at ₹165, a 21% premium to issue price
₹164.95, a 21 percent premium to issue price of ₹136 on the NSE. Meanwhile, on the BSE, it debuted at ₹165, up 21.32 percent or ₹29 from the IPO price.The ₹130.15 crore initial public offering (IPO) of Kronox Lab Sciences was open for subscription between June 3-5 at a price band in the range of ₹129-136.
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