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IPO) of TBO Tek sailed through on the second day of the bidding process, driven by strong interest from retail and non-institutional investors. The issue closes on Friday. The categories reserved for retail and NII investors were fully booked, while that of QIBs was subscribed only 3%.

children in India who are eligible for measles vaccination have received none of the recommended double-dose, signalling a «concerning gap» in immunisation coverage, a new study has found. The findings showed that zero-dose cases were high in the northeastern states, with Nagaland reporting the greatest share at 26 per cent. Tamil Nadu was found to report the lowest at 4.6 per cent. Researchers from the Ministry of Health and Family Welfare and Banaras Hindu University in Varanasi investigated previously overlooked critical aspects of measles vaccination, focusing on zero-doses, partially vaccinated, and those fully immunised. They analysed data of over 43,000 children aged 2-3 years, collected through the National Family Health Survey 2019-21 (NFHS-5). The team found that close to 30 per cent of the eligible children have received only one measles-containing vaccine (MCV1), while about 60 per cent have been fully immunised (MCV2). The findings are published in the journal Vaccine.

Akshaya Tritiya holds significant religious importance for Hindus. It is considered one of the most auspicious days. It is considered sacred for new beginnings, and buying new things is a key ritual. Akshaya Tritiya is also known as Akha Teej because it falls on the Tritiya Tithi of Shukla Paksha. This festival will be celebrated with grandeur across the country on May 10, 2024. There are many items that you can purchase on this special day. Here, we will highlight 5 things that can make your day extraordinary. Gold: Buying gold on the day of Akshaya Tritiya is considered one of the best things, as gold is a symbol of prosperity and good fortune. People who buy gold on this particular day are blessed with good fortune and prosperity in life. After purchasing gold, it is important to perform a puja and offer the gold coin or jewelry to Goddess Laxmi and Lord Kuber.

The firm said its offer of $1.25 per SONG share, which values the trust at around $1.51bn, is «final and will not be increased». Blackstone ups offer for Hipgnosis Songs Fund to $1.57bn Concord's decision follows an increased bid by Blackstone of $1.3 per SONG share, valuing the fund at more than $1.57bn, on 29 April – a 4% increase from Concord's revised offer. At the time, SONG's directors said they would unanimously recommend Blackstone's counteroffer to shareholders, urging them to vote in its favour at the requisite court and general meetings. A date for the meetings is yet...

Marico and Dabur have jumped over 10 per cent each over the last month, while shares of Godrej Consumer Products, Britannia Industries, United Breweries and United Spirits have jumped 5-4 per cent since last month. After three consecutive sessions of gains, the Nifty FMCG index fell over a per cent in the morning trade on Thursday, May 9, on account of profit booking amid prevailing concerns over higher interest rates, sticky inflation and caution ahead of the general election outcome. Experts remain optimistic about the FMCG space as they pin hopes on revival of rural demand.

Piramal Enterprises, a prominent diversified non-banking financial company (NBFC), experienced a 6.15% decline in its shares during today's intraday trade, reaching ₹839 apiece. This drop followed the company's release of its Q4 FY24 and full fiscal FY24 financial figures. The decline witnessed today has resulted in the stock losing 10.4% of its value over the course of this week.

Also Read: Breakout stocks today: Sumeet Bagadia recommends five stocks to buy today The brokerage firm also expects the momentum in India’s defence exports to continue averaging to ₹300 billion annually over FY24-32F. Nomura has initiated coverage on HAL shares and BEL shares with a ‘Buy’ rating and expects an upside potential of up to 23% - 30%. Nomura initiates coverage on the stock with a ‘Buy’ rating and HAL share price target of ₹4,750 apiece, valuing HAL shares at 38x FY26 earnings.

₹15,863 crores this month, is a significant current trend in the market. Despite their continued buying, DIIs are not as aggressive as they previously were because of some uncertainty over the election results. It's critical to recognise that, in addition to the high US bond yields there is now another driver driving FII selling.

I have often written of the ethical and philosophical impact of AI and how it will shape our future. Now I focus on how AI has reshaped a category which touches our daily lives: e-commerce. AI researcher and entrepreneur Andrew Ng termed AI the “new electricity." Like a general purpose technology, it will power society and multiple businesses silently and behind the scenes.

Jefferies maintained a buy rating on TVS Motor and Hero MotoCorp post Q4 results. Citigroup recommended a sell on Bharat Forge and a buy on Voltas post March quarter results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

The Nifty future closed positive with gains of 0.05% at 22392 levels on Wednesday. India VIX was up by 0.41% from 17.05 to 17.08 levels.

Rahul Shah, VP-Equity Advisory, MOFSL, says: “My sense so far is that volatility has continued but I would start deploying or maybe we will stay invested. So far in the result season except for IT, the numbers have been so far so good. So, I do not think that there are any challenges or anything in terms of the deviation from the numbers that we were expecting. Financials have been among the top notch bets that we have been recommending, PSU banks are a preferred bet followed by private banks. One should start looking at financials.” What are you doing in this kind of correction that we have seen over the last three to four trading sessions? Are you keeping the buying list ready and buying those stocks or do you expect the sideways move to continue in the market and keep your powder dry? Rahul Shah: There are two-three factors to consider. Most important factor: volatility is in the front seat. In the last five-six sessions, the market has been very volatile and obviously we saw some correction in the last two-three days as well. So, our sense is few select pockets we have been seeing selling and especially from financials we have seen a lot of them have given up their gains in last four-five sessions and obviously PSU remains the top where we have seen a lot of selling happening.

Sensex fell 45.46 points, or 0.06%, to close at 73,466.39, while the Nifty 50 settled flat at 22,302.50. Nifty 50 formed a small positive candle on the daily chart with minor lower and upper shadows. Also Read: Indian stock market: 6 key things that changed for market overnight - Gift Nifty, rise in US bond yields to oil prices “Technically, this pattern indicates a formation of high wave type candle pattern, Normally, such high wave formation after a reasonable decline indicates chances of an upside bounce.

Sensex fell 45.46 points, or 0.06%, to close at 73,466.39, while the Nifty 50 settled flat at 22,302.50. “Consistent selling by FIIs, a mixed set of Q4 results, and lower turnout in the election kept investors wary. We expect the market to consolidate in a broader range amid nervousness surrounding the ongoing Lok Sabha election," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Stock market today: Despite strong global sentiment on growing UK hopes of interest-rate cuts, the Indian stock market remained sideways throughout the Wednesday session. The Nifty 50 index finished flat at 22,302, the BSE Sensex ended 45 points lower at 73,466, whereas the Bank Nifty index corrected 264 points and closed at the 48,021 mark. The India VIX Index finished at 17.08 after climbing to a new 52-week high of 18.32.

SBI, Asian Paints, BPCL, L&T, Bajaj Consumer, WPIL among others will be focused due various news developments and quarterly results. SBI, Asian Paints, BPCL, Indian Overseas Bank

A former Nuveen trader asked a federal judge not to impose a harsh sentence on him for front-running the firm’s trades as part of a scheme that generated more than $47 million in illegal profits.

₹6.2 for Q4 which increased by 9.09% Y-o-Y. Indraprastha Gas has delivered -5.53% return in the last 1 week, 9% return in the last 6 months, and 4.35% YTD return.

₹77.68, which increased by 29.45% Y-o-Y. Dr Reddys Laboratories has delivered -0.63% return in the last 1 week, 15.79% return in the last 6 months, and 7.93% YTD return.

₹3.07 for Q4 which increased by 728.41% Y-o-Y. United Breweries has delivered -1.62% return in the last 1 week, 25.53% return in the last 6 months and 12.33% YTD return.

₹14.24 for Q4, which decreased by 24.96% Y-o-Y. SRF has delivered -8.32% return in the last 1 week, 3.23% return in the last 6 months, and -2.52% YTD return.