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Sensex, Nifty 50 fall almost 1% each; why did the Indian stock market fall today?- explainedThe Indian stock market is expected to remain volatile until the Lok Sabha election results on June 4. Will this volatility drag the index below the 22,000 mark before the election result? How much more pain is in the offing?Mint collated the views of 10 experts to understand how the Nifty 50 may move in the next few days. Here's what they said:If the current downturn continues, the Nifty 50 could see the level of 22,520 before the exit poll results are out.Nifty 50 has resisted near the trendline's higher end, coinciding with the retracement hurdle.

Read | S&P Global revises Indian economy outlook to positiveAs of 31 December 2023, ADB had committed 623 public sector loans, grants, and technical assistance totalling $55.3 billion to India, with its current sovereign portfolio in India including 67 loans worth $14.15 billion.Some of the other MDBs, which have backed key projects in India, include the World Bank Group, the International Monetary Fund (IMF), the International Fund for Agricultural Development (IFAD), and the Global Environment Facility (GEF).Interestingly, MDBs have been urged to make more finance available to emerging and developing economies (EDEs) for meeting development needs, mitigating climate risks and insulating from global shocks.Under the Indian presidency of the G20 in 2023, an expert committee headed by economists N.K.

SIP contribution by mutual fund investors has grown over two times in Narendra Modi’s second term as PM from Rs 8,183 crore in May 2019 to Rs 20,371 crore in April 2024 (last available data for comparison), an analysis by ETMutualFunds showed. The number of SIP accounts has also increased from 2.73 crore in June 2019 to 8.70 crore in April 2024, according to the monthly data released by the Association of Mutual Funds in India (AMFI). The number of mutual fund folios have surged by around 118% from 8.32 crore in May 2019 to 18.14 crore April 2024, according to the data of folios released by AMFI.

OpenAI, the company behind ChatGPT, announced the formation of a new safety committee on Tuesday, weeks after the departures of key executives raised questions about the firm's commitment to mitigating the dangers of artificial intelligence. The company said the committee, which will include CEO Sam Altman, is being established as OpenAI begins training its next AI model, expected to surpass the capabilities of the GPT-4 system powering ChatGPT.

Even with record low fertility and birth rates, Canada is undergoing a nearly unprecedented population boom — well in excess of three per cent annualized growth. The reason is clear: an unrivalled immigration surge that hit an inflow of almost 1.3 million people from other countries around the world in 2023. Without this, the civilian population would be in decline.

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₹8.89 for Q4, marking a substantial 288.83% year-on-year growth, which is a positive indicator for the company's profitability and shareholder value.Brigade Enterprises has also delivered strong returns to its investors, with a 1.62% return in the last 1 week, 58.36% return in the last 6 months, and a 36.64% year-to-date return, outperforming the market benchmarks.Currently, Brigade Enterprises commands a market capitalization of ₹28316.65 Cr, with a 52-week high/low stock price range of ₹1300 and ₹535.15 respectively, showcasing the company's market position and stock performance.Analysts covering Brigade Enterprises have provided mixed recommendations, with 1 analyst giving a Sell rating, 7 analysts recommending a Buy rating, and 4 analysts suggesting a Strong Buy rating as of 29 May, 2024.The consensus recommendation for Brigade Enterprises as of 29 May, 2024, stands at Buy, indicating positive sentiment and confidence in the company's growth prospects and financial performance.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹206.09CrQuestion : What is Q4 revenue?Ans : ₹1702.37CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹3.48 for Q4 which increased by 7.21% Y-o-Y.Indian Railway Catering & Tourism Corporation has delivered -2.91% return in the last 1 week, 55.44% return in last 6 months and 22.04% YTD return.Currently the Indian Railway Catering & Tourism Corporation has a market cap of ₹86648 Cr and 52wk high/low of ₹1138.9 & ₹614.35 respectively.As of 29 May, 2024 out of 5 analysts covering the company, 2 analysts have given Strong Sell rating, 2 analysts have given Hold rating &1 analyst has given Strong Buy rating.The consensus recommendation as on 29 May, 2024 was to Hold.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹284.18CrQuestion : What is Q4 revenue?Ans : ₹1154.77CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹-2.36 for Q4 which decreased by 21.3% Y-o-Y.Aditya Birla Fashion & Retail has delivered 1.55% return in the last 1 week, 25.14% return in last 6 months and 27.74% YTD return.Currently the Aditya Birla Fashion & Retail has a market cap of ₹29004.19 Cr and 52wk high/low of ₹297.8 & ₹192.95 respectively.As of 29 May, 2024 out of 19 analysts covering the company, 3 analysts have given Strong Sell rating, 6 analysts have given Sell rating, 6 analysts have given Hold rating, 3 analysts have given Buy rating &1 analyst has given Strong Buy rating.The consensus recommendation as on 29 May, 2024 was to Hold.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹-229.57CrQuestion : What is Q4 revenue?Ans : ₹3406.65CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹1.14, marking an impressive 84.1% increase year-over-year, reflecting positively on the company's profitability.Despite recent market trends, NBCC India has delivered varying returns, with -6.69% in the last week, a substantial 104.12% return in the last 6 months, and a solid 70.2% year-to-date return.Currently, NBCC India commands a market capitalization of ₹24984 Cr, with a 52-week high/low trading range of ₹176.85 and ₹38.2 respectively, showcasing market confidence in the company.Analyst ratings as of 29 May, 2024, depict a mixed sentiment towards NBCC India, with 2 analysts recommending a Strong Sell, 1 analyst suggesting a Hold, and 1 analyst advocating a Buy rating for the company.The overall Q4 results reflect NBCC India's strong financial performance and strategic management, positioning the company for continued growth and value creation for its stakeholders.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹136.08CrQuestion : What is Q4 revenue?Ans : ₹4024.5CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹5.25 for Q4 which decreased by 4.49% Y-o-Y.RITES has delivered -3.82% return in the last 1 week, 52.78% return in the last 6 months, and 41.6% YTD return.Currently, RITES has a market cap of ₹17095.08 Cr and 52wk high/low of ₹825.95 & ₹364.8 respectively.As of 29 May, 2024, out of 5 analysts covering the company, 1 analyst has given Sell rating, 1 analyst has given Hold rating, 1 analyst has given Buy rating, and 2 analysts have given Strong Buy rating.The consensus recommendation as of 29 May, 2024, was to Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹126.1CrQuestion : What is Q4 revenue?Ans : ₹643.25CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

Is the Indian stock market fairly valued or overvalued? Experts weigh in"The nervousness in the market continues with uncertainty regarding the election results. An important sustaining trend during this uncertain phase is the continuous buying by DIIs (domestic institutional investors), which has reached around ₹45,000 crore so far this month.

Zerodha founder Nithin Kamath flagged the high sugar content and adulteration in food items on Wednesday. Nithin Kamath said that the sugar content in most food items is “ridiculous" and adulteration in items like masalas, milk and protein is “slowly killing" people.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — May 29“We Indians need to question what goes into the food we consume. The more we ask, the better choices we will have.

₹2.05, marking a 39.23% decrease from the previous year.Engineers India's stock performance in the last week resulted in a -2.88% return, while it has delivered impressive returns of 84.57% in the last 6 months and 54.53% year-to-date.The company currently holds a market capitalization of ₹14891.31 Cr, with a 52-week high/low of ₹289.9 & ₹106.25 respectively.Analysts covering Engineers India have provided mixed ratings, with 4 analysts suggesting a Hold rating, 1 analyst recommending a Buy, and 1 analyst advocating for a Strong Buy.The consensus recommendation as of 29 May, 2024, was to Buy the stock.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹115.52CrQuestion : What is Q4 revenue?Ans : ₹805.14CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹1.07 for Q4 which decreased by 1.58% Y-o-Y.Campus Activewear has delivered -1.67% return in the last 1 week, -11.4% return in the last 6 months and -10.59% YTD return.Currently, Campus Activewear has a market cap of ₹7640.55 Cr and 52wk high/low of ₹344.4 & ₹213 respectively.As of 29 May, 2024, out of 7 analysts covering the company, 1 analyst has given Strong Sell rating, 1 analyst has given Sell rating, 1 analyst has given Hold rating, 1 analyst has given Buy rating, and 3 analysts have given Strong Buy rating.The consensus recommendation as of 29 May, 2024, was to Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹32.75CrQuestion : What is Q4 revenue?Ans : ₹363.86CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

geopolitical tensions, gold prices steadied as MCX gold June futures opened on Wednesday at Rs 72,203 per 10 grams, up 0.03% or Rs 23 while MCX silver July contracts opened 0.23% higher at Rs 95,670/kg. In the last three days, silver prices have risen by Rs 5,100 per kg.

Rajat Sharma, Founder & CEO, Sana Securities, says the the biggest thing for him is that the overall valuations of the market, which had remained on a trailing basis between 20 and 23 over the last three-four years are right now despite the run up at around 21.9 on the Nifty, a little expensive, but not overly so. Even if markets were to fall or correct or as some people are saying crash – here 10% is a correction and a 30% fall would be a crash, in either case, India is a bright spot and whether it is a correction or a crash, it would not last very long. So, if we fall that much, eight to ten months from that dip, we will bounce back. What do you think is the market mood ahead of the elections and what are you doing with your portfolio right now? Rajat Sharma: Markets have run up a lot, but the kind of earnings that we saw for the full financial year has justified the way markets have run up. Even if you look at the macros, everything looks very good. The government's fiscal deficit is likely to reduce given the kind of dividend RBI has paid the government, so expect big announcements from the budget.

Stock Market News: Tuesday was the third consecutive day that the domestic stock indices, the Sensex and Nifty 50, finished lower due to profit-taking in capital goods, energy, and power stocks as well as nervousness around the election outcomes. India VIX spiked to 2-year high at 24.14.Following a day of fluctuation between gains and losses, the 30-share BSE Sensex closed at 75,170.45, down 220.05 points, or 0.29%.

Stocks to buy or sell: Following weakness in the global market, the Indian stock market concluded lower for the third consecutive session on Tuesday. All three frontline indices remained highly volatile throughout the Tuesday session and ended lower. However, the Nifty 50 index sustained above the crucial support range of 22,750 to 22,800.

Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, Nvidia share rally to Treasury yields“On the daily chart, Nifty remains in a firm uptrend. Tuesday’s negative closing seems to be more of a breather after the recent sharp up-move.

Stock market today: Following weak global cues, the Indian stock market ended lower for the third straight session. The Nifty 50 index, which represents the performance of the 50 largest and most liquid Indian companies, went down 44 points and closed at 22,888, whereas the BSE Sensex, which is a benchmark index of the Bombay Stock Exchange, shed 220 points and closed at 75,170.