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IEX, Infosys, Havells etc, will be in focus today on the back of corporate actions like stock split, and the annual general meeting (AGM) on Friday. Here is a list of corporate actions lined up for the day:

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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%.

Lok Sabha Elections 2024 will end with the commencement of last and seventh phase of polling on June 1.Soon after the last vote is polled on June 1, Exit Polls by different agencies will start releasing numbers predicting the anticipated winners and the margin of their victory. The official results will be declared by the Election Commission of India (ECI) on June 4, however.

Tata Steel slumped nearly 5% in today's trade to reach ₹165.50 apiece, a day after the company reported Q4 and FY24 numbers. On Wednesday, post market hours, the company reported a 64.59% decline for its Q4 FY24 consolidated net profit to ₹554.56 crore, led by lower steel realisations across geographies.Total revenue from operations fell to 58,687 crore from ₹63,131.08 crore in the same quarter of last year, owing to a nearly 4% drop in its mainstay India business, which contributed at least 62% of the overall revenue.

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.

Citigroup maintained a buy rating on RR Kabel, JPMorgan has an overweight stance on RIL, Axis Capital upgraded Indigo to buy and Jefferies maintained a buy rating on Tata Steel. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

market is likely to consolidate on Thursday tracking weak global cues. The Nifty future closed negative with losses of 0.90% at 22731 levels on Wednesday. India VIX was marginally down by 0.08% from 24.20 to 24.18 levels.

quarter results season is almost coming to a close, and as many as 895 companies will announce their earnings on Thursday. Among such a massive mix, investors will watch out for earnings from Apollo Hospitals, which is expected to post a healthy improvement in earnings. Other companies which will also announce their earnings include Muthoot Finance, Bharat Dynamics, Godrey Phillips, Swan Energy, TBO Tek, Authum Investment, Praj Industries, Rajesh Exports, Marksans Pharma and many more.

Buy or sell stocks for today: Following weak global market sentiments on soaring crude oil prices due to heightened tensions in the Middle East, the Indian stock market ended lower for the fourth straight session. The Nifty 50 index lost 183 points and closed at 22,704, the BSE Sensex finished 667 points lower at 74,502 whereas the Bank Nifty index crashed 640 points and ended at 48,501.

Sensex declined 667.55 points, or 0.89%, to close at 74,502.90, while the Nifty 50 settled 183.45 points, or 0.8%, lower at 22,704.70.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — May 30“Though FII selling intensity has reduced, the caution is increasing as we near the big event outcome which is resulting in profit booking. The volatility is expected to be heightened in coming sessions, thus it is advisable to traders to stay on the sidelines and not get too aggressive.

Sensex declined 667.55 points, or 0.89%, to close at 74,502.90, while the Nifty 50 settled 183.45 points, or 0.8%, lower at 22,704.70.Nifty 50 formed a bearish candlestick pattern on the daily charts with an upper shadow.Also Read: Indian stock market: 6 key things that changed for market overnight - Gift Nifty, US stocks, to rise in Treasury yields“On the daily chart, the uptrend has weakened. Wednesday’s negative closing has led to the Nifty closing below the previous swing high of 22,795. Nifty nevertheless continues to hold above the 20 and 50-day SMA.

₹3.71 for Q4, which increased by 38.1% Y-o-Y.National Aluminium Company has delivered -3.84% return in the last 1 week, 108.04% return in last 6 months and 45.05% YTD return.Currently, National Aluminium Company has a market cap of ₹35153.13 Cr and 52wk high/low of ₹206.3 & ₹80.65 respectively.As of 30 May, 2024, out of 9 analysts covering the company, 2 analysts have given Strong Sell rating, 1 analyst has given Sell rating, 2 analysts have given Hold rating, 1 analyst has given Buy rating & 3 analysts have given Strong Buy rating.The consensus recommendation as of 30 May, 2024, was to Hold.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹996.74CrQuestion : What is Q4 revenue?Ans : ₹3579.05CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

undertaking to the government, citing compliance with provisions of Uniform Code for Pharmaceuticals Marketing Practices (UCPMP) 2024. The newly notified UCPMP prohibits companies from organising workshops abroad for healthcare professionals or offering them hotel stay, expensive cuisine or monetary grants to control unethical practices in the pharma industry. The government has asked pharma companies to submit an undertaking by June 30. The Department of Pharmaceuticals (DoP) has sent out a self-declaration form for FY25 under UCPMP to all pharmaceutical associations for «strict compliance,» said a circular dated May 28.

Delhi court on Wednesday took cognisance of a supplementary charge sheet filed by the ED against BRS leader K Kavitha and others in a money laundering case related to the alleged excise scam. Special Judge for ED and CBI cases Kaveri Baweja said the prosecution complaint, the Enforcement Directorate's version of a charge sheet, contained «sufficient» prima facie evidence against the accused. The judge issued production warrant for Kavitha, a Telangana MLC and daughter of former state chief minister K Chandrashekar Rao, for June 3. She is in judicial custody in the case and currently lodged in Tihar central jail. The excise case pertains to alleged corruption and money laundering in the formulation and execution of the Delhi government's now-scrapped excise policy for 2021-22.

income tax return (ITR) approaching fast, taxpayers are expected to be scurrying around to arrange the information required to for the return. Although it is advisable to file your tax return as soon as possible, it is not recommended to do it sans proper home work. For instance, one should know the correct income tax form to fill, the right tax regime to opt for, and link your aadhaar to PAN if you have yet not done it.

₹3.60 per share of face value ₹1 each along with fourth quarter financial results.“Recommended a dividend of ₹3.60 per Ordinary (Equity) Share of face value ₹1/- each (360%) to the shareholders of the Company for FY2023-24," the company said in an exchange filing.Also read: Tata Steel Q4 Results: Net profit drops 64.5% to ₹554 crore, dividend declaredThe dividend announced is subject to shareholders approval. “The dividend recommended by the Board of Directors of the Company is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company scheduled to be held on Monday, July 15, 2024," it added.If approved by the shareholders at the AGM, the dividend will be paid subject to deduction of applicable tax at source, on and from Friday, July 19, 2024.The company has set July 21, 2024 as the record date of the final dividend.

Gold Price Outlook: Motilal Oswal recommends ‘buy on dips’ on yellow metal; pegs upside target to ₹81,000The dollar strengthened by 0.2 per cent compared to other currencies, resulting in higher prices for gold for holders of other currencies. Concurrently, the benchmark U.S. 10-year Treasury yields reached a nearly one-month high.Minneapolis Fed Bank President Neel Kashkari suggested on Tuesday that the U.S.

Best bike air pump: Top 10 portable options for smooth rides and reliable inflationThe AGARO TI2147 Analog Tyre Inflator/Compressor Pump is a portable 12V DC pump designed for cars, bikes, bicycles, air boats, and other inflatables. It boasts a maximum pressure of 150 PSI, making it suitable for a variety of uses. With a fast inflation time of 2 to 5 minutes for a standard car tire, it's both efficient and convenient.

private equity firm General Atlantic Singapore is likely to sell up to 6.8% equity in KFin Technologies at an estimated floor price of Rs 712.5 per share, which is a 4% discount. The total deal size, including the green shoe option, is 1.17 crore, moneycontrol.com reported, citing CNBC TV18. The base issue size is set at Rs 500 crore and can be upsized to Rs 833.3 crore, the report said citing sources.

A Goldman Sachs executive and finance industry veteran will take over as the new president of the Cleveland Federal Reserve.