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Reliance share price: Shares of Reliance Industries Ltd (RIL) are trading flat ahead of the announcement of Q4 results 2024. RIL share price today opened with an upside gap at ₹2,644.90 apiece on NSE and went on to touch an intraday high of ₹2,949.70 per share mark within a few minutes of the stock market's opening bell.

₹95, indicating strong 90% listing gains for the Investors The IPO had opened for subscription on 12 April, 2024 and closed on 16 April, 2024. The Investors had been anticipating strong opening and significant listing gains as was evident from Grey Market premium and subscription numbers. Greenhitech Ventures IPO subscription was subscribed 769.95 times by day 3.

We need to keep a close eye on the volatility index, India VIX, as it has surged by nearly 17% in the last week. On Friday, it has given the highest closing in the last 16 trading sessions, Sudeep Shah, Deputy Vice President and Head of Technical & Derivative Research at SBI Securities warns. This analyst recommends trading strategy in Maruti, RIL, Tata Consumer Products, Axis Bank, Bajaj Finance and HUL ahead of their January-March quarter results.

Pashupati Advani, Founder, Global Foray, says: “I have not liked IT generally because I think that the whole sector is in disarray because the business models are changing. AI is coming and the main profit is going to go to the big American companies rather than spread to the rest of the world. I am excited about infrastructure. So, look at the construction companies, all the cement, steel companies because roads are being built, buildings are getting finished and tunnels are being made.” The entire basket of broking, AMCs, financial market ancillaries, the exchanges, CDSL, etc, they all have been doing quite well and, of course, there is a fundamental tailwind to it. But the question becomes, when does it price it in? What do you see of the valuations there and what is the top recommendation from this pack? Pashupati Advani: The pack is doing well because as more and more people get involved in the markets and we are seeing that, there is obviously going to be returns to all the big players and certainly it is big players. The other thing is that there seems to be some consolidation in the space and some of the smaller players are closing shop and moving into the fold of the bigger players which is also helping the earnings.

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₹19.04, marking a 27.74% Y-o-Y increase. Infosys has seen negative returns in the last week, last 6 months, and year-to-date, with -5.06%, -1%, and -8.01% respectively.

Reliance Industries Ltd (RIL) is expected to report healthy numbers for the quarter ended March 2024, driven by robust O2C business and healthy growth in the consumer-facing businesses of Jio and retail. The company will announce its quarterly numbers on April 22 and the Board will also consider approving a dividend for FY24.

₹495. The current market price of Pricol Ltd is ₹425.25. "We anticipate significant benefits for the company stemming from the robust demand across various segments of the automotive industry, including 2-wheelers, commercial vehicles, tractors, and off-road vehicles.

Q4 Results: HDFC Bank on Saturday said its Board of Directors has recommended a dividend of ₹19.50 per equity share of Re. 1/- each fully paid up (i.e. 1950 per cent) out of the net profit for the fiscal year ended March 31, 2024.

Polling personnel in six eastern districts of Nagaland waited for nine hours in booths, but not one of the four lakh voters of the region turned up following a shutdown call given by an organisation to press for its demand for 'Frontier Nagaland Territory' (FNT). Chief Minister Neiphiu Rio on Friday affirmed that the state government does not have any problem with the Eastern Nagaland People's Organisation's (ENPO) demand for FNT as it has already recommended autonomous powers for the region.

Buy or sell stocks: Following weak global market sentiments on rising fears of the Iran-Israel war, the Indian stock market snapped its four-week winning streak. The Nifty 50 index ended 1.65 percent lower in the week gone by at the 22,147 mark, the BSE Sensex logged a weekly loss of 1.56 percent and finished at 73,088 level while the Bank Nifty index lost 2.65 percent last week and closed at 47,574 mark. In the broad market, the small-cap index finished 1.73 percent lower last week whereas the mid-cap index corrected over 3 percent in the truncated week.

A few days after National Stock Exchange’s managing director (MD) and CEO Ashishkumar Chauhan’s deep fake video wherein he is seen recommending stock went viral, BSE’s MD and CEO Sundararaman Ramamurthy’s video is also doing rounds on the social media. 

₹72.05, marking a 19.56% year-on-year increase. Bajaj Auto's stock performance has been impressive, with a 0.47% return in the last week, 64.54% return in the last 6 months, and a 32.72% Year-to-Date (YTD) return.

housing finance companies, domestic brokerage firm Nirmal Bang has initiated coverage on Home First Finance Company (HFFC) and Aavas Financiers. HFFC gets a ‘buy’ recommendation with a target price of Rs 1,150 while Aavas has a ‘buy’ recommendation with a target price of Rs 1,775.

IPO of JNK India, which opens for subscription on April 23. Apart from this, the SME segment will also see three public offers. Despite a slow start to the new financial year, analysts are exceedingly optimistic about the public issues scheduled for the remainder of the year.

HDFC Life Insurance Company announced their Q4 FY24 results on 18 Apr, 2024, with a significant increase in both revenue and profit. The company reported a 27.81% year-over-year growth in revenue and a 13.73% year-over-year rise in profit.

Crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison for a massive fraud that unravelled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

The Biden administration has finalized rules that would restrict new oil and gas leasing and development in portions of a federal petroleum reserve in Alaska that are considered particularly sensitive as the Arctic continues to warm

Ashish Kacholia portfolio: Shares of Sanjivani Paranteral Ltd are one of the multibagger stocks that the Indian stock market has produced in recent years. This multibagger pharma stock has risen to the tune of 300 percent in the year but it seems that ace Indian stock investor Ashish Kacholia is still bullish on this small-cap stock. Ashish Kacholia's name has appeared in the shareholding pattern of Sanjivani Paranteral Ltd for the January to March 2024 quarter.

Dharmesh Shah, Head-Technical, ICICI Direct, says “Reliance is a pure proxy play on oil and gas and telecom. We believe this stock, after witnessing a sharp move from Rs 2,800 to Rs 3,000, has been consolidating in a strong bull candle for a long time. Once things get settled in the market, we should see a primary uptrend for Reliance, where Reliance can be considered for a target of around Rs 3,050, keeping a stop loss of Rs 2,790. Bharat Dynamics has been consolidating for the last five weeks. We remain positive on Reliance and BDL in the near term.” How did the setup look? Did it look like there was a breakdown in the first place or were you already getting a sense that today's dip will be bought? What are you recommending your clients today after looking at the price action that has happened in the first half of the session today? Dharmesh Shah: In the morning, it was a very panic-type situation. The Singapore Nifty opened a gap down of about 300-400 points. Historically, when such events come, once the anxiety settles, the market generally has a tendency to move up. We believe once this anxiety gets over, maybe in a week, things should get settled and 21,700, 21,600, like in last month's low should hold.