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Day trading stocks for today: The Indian stock market began the fresh week on a higher note as two out of three benchmark indices touched a new peak on Monday and the BSE listed stocks crossed ₹400 lakh crore. The Nifty 50 index scaled a new peak of 22,697 mark while the BSE Sensex hit a new high of 74,869 during Monday deals. In the broad market, the small-cap index came close to its lifetime high while the mid-cap index climbed to a new peak of 41,113.

Krishna Trilokcand Vasvani, Jaipur, Rajasthan.  

stocks were essentially unchanged at the close of a choppy session on Monday, with a solar eclipse offering distraction ahead of crucial inflation data and the kick-off of first-quarter earnings season. All three major U.S. stock indexes were held in check by the highest benchmark U.S. Treasury yields since November in the wake of Friday's blowout employment report.

Bandhan Bank fell more than 6% Monday after founder and chief executive, Chandra Shekhar Ghosh, announced a voluntary exit despite a board nod to continue in the top job. Brokerages Jefferies and Nomura have slashed their target prices for the stock of the Kolkata-based lender that emerged as a full-service bank after decades of operations as a microfinancier.

stocks made fresh highs on Monday in anticipation of strong March quarter results from them. Traders created fresh bullish bets on auto stock futures as the recent outperformance is expected to continue through the current valuations may be reflecting most of the optimism around the share prices. Maruti Suzuki, Mahindra & Mahindra and Eicher Motor gained around 3% each, hitting new highs during the trading session. Battery maker Exide soared 16.8% to new record levels. TVS Motor rose 3.2%.

Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said. The subsidy, which will be unveiled by Commerce Department Secretary Gina Raimondo, will go towards construction of four facilities in Taylor, including one $17 billion chipmaking plant that Samsung announced in 2021, another factory, an advanced packaging facility and a research and development center, one of the sources said.

Further signs of a solid U.S. economy and potential delays to anticipated interest-rate cuts could prolong the dollar’s strength, analysts said. Many analysts and fund managers have been anticipating that the dollar would fall this year as the Federal Reserve starts to cut interest rates, but rate-cut expectations have been trimmed back sharply recently while U.S.

Researchers have found that most cancer drugs granted accelerated approval by the U.S. Food and Drug Administration do not deliver on their early promise

London, focused on product development and research. The unit will be led by Mustafa Suleyman, the London-born cofounder of Google DeepMind, who Microsoft hired last month.

venture capital arm of Italy's Cassa Depositi e Prestiti (CDP) will invest 1 billion euros ($1.1 billion) over the next five years in artificial intelligence (AI) and cybersecurity, the state lender said on Monday. The government in March had announced its intention to set up an investment fund to promote projects in the AI sector, backed by CDP, as part of its broader push, as chair of the G7, to focus on the impact of AI on jobs and inequality.

Also Read: Demat accounts: Everything you should know about the annual maintenance charges on them This robust support from retail investors propelled the Indian stock market to unprecedented highs, positioning it as one of the top 5 markets globally. During today's trading session, the market capitalisation of BSE-listed firms reached ₹400 lakh crore for the first time. While opening a demat account in India is a matter of hours, maintaining it necessitates certain precautions that retail investors should carefully observe.

Pakistan branded few Indians as Research and Analysis Wing (RAW) agents and accused them of targetted killings in the country, Dubai-based Ashok Kumar Anand, one of the accused, has called the allegations to be ‘false and unfortunate’. Anand called himself as a simple businessman and rejected Pakistan's claims of his connection with the Indian agency. Moreover, he also said that he is facing death threats after Pakistan's claims about his link with the killings, reported India Today.

global temperatures have raised significant concerns, with scientists at the Concordia research station on the eastern edge of the Antarctic plateau documenting a remarkable phenomenon. On March 18, 2022, they recorded the highest temperature ever observed at the meteorological center; 38.5 degrees Celsius, well above the seasonal average. This alarming temperature surge in one of the coldest regions on Earth has left researchers deeply troubled, fearing potential catastrophes. Professor Michael Meredith, head of the British Antarctic Survey, described the event as «simply mind-boggling,» emphasising the potential deadly consequences if such a temperature rise were to occur in the UK.

Stock to buy before Q4 results 2024: Shares of Tata Consultancy Services (TCS) witnessed sharp selling after Tata Sons stake sale news hit the headlines in mid-March 2024. However, TCS share price witnessed strong buying at lower levels ₹3840 to ₹3850 per share. After ending at ₹3,840 apiece on NSE on 27th March 2024, TCS share price has been ascending after every small profit-booking.

Index funds outperform the majority of active fund managers. How many times have we read this headline! By now, even the most rookie investor understands that active managers who run a high expense ratio face an uphill battle in beating their benchmark indices on a net return basis. India’s growth story has been much talked about and has captivated the investing community for several years.

Aditya L1, designed by the Indian Space Research Organization (ISRO), is continuously studying the Sun but will not be able to observe the total solar eclipse on April 8, 2024. The eclipse, a rare event visible over vast swaths of North America, has sparked excitement, with various events planned to witness the celestial phenomenon. For the first time in almost a century, the western and northern parts of New York State will experience a total eclipse. The path of totality, a narrow stretch where the Moon obscures the Sun entirely, tracks across cities, captivating the USA. In its statement about the event, NASA explained, «On April 8, 2024, a total solar eclipse will cross North America, passing over Mexico, the United States, and Canada. A total solar eclipse happens when the Moon passes between the Sun and Earth, completely blocking the face of the Sun. The sky will darken as if it were dawn or dusk.»

Stock market today: On account of weak global cues, the Indian stock market ended flat on Friday last week. Out of three frontline indices, the Nifty 50 and the BSE Sensex ended flat whereas the Bank Nifty index surged 0.90 percent by adding around 432 points on the previous session. The board market also outshined the Nifty 50 index as both small-cap and mid-cap indices finished 0.50 percent higher on the last session of the week gone by.

TOKYO—Japan’s largest telecommunications company and the country’s biggest newspaper called for speedy legislation to restrain generative artificial intelligence, saying democracy and social order could collapse if AI is left unchecked. Nippon Telegraph and Telephone, or NTT, and Yomiuri Shimbun Group Holdings made the proposal in an AI manifesto to be released Monday. Combined with a law passed in March by the European Parliament restricting some uses of AI, the manifesto points to rising concern among American allies about the AI programs U.S.-based companies have been at the forefront of developing.

“Cyclicals, commodities, capex are the most promising segments in the market,” says Somnath Mukherjee, CIO & Senior Managing Partner – Product & Research, ASK Private Wealth. In an interview with ETMarkets, Mukherjee said: “India’s a structural growth story, so expect FII flows to remain quite good. The real breakout will be the start of US rates cuts,”. Edited excerpts: As we step into FY25 – how do you see markets in the next financial year? Do you see a double-digit return? Somnath Mukherjee: Markets are pricing in multiple best-case scenarios currently – a)Current Ruling Party’s victory in elections, b)inflation continuing on its downward trajectory, c)US rate cuts sometime during the year, and d)conflict zones remaining non-disruptive.

Total Solar Eclipse, which is all set to occur today (Monday), April 8. This will happen just before the Chaitra Navratri, a nine-day Hindu festival. Astrologers believe that eclipses are an auspicious events.

Sensex rose 20.59 points to close at 74,248.22, while the Nifty 50 settled flat at 22,513.70. Nifty 50 formed a small positive candle on the daily chart with minor upper and lower shadows. “This market action signals narrow range movement in the market near new all-time highs.