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Bharatiya Janata Party (BJP) fell short of the 272-seat majority in the Lok Sabha and hence had to rely on its allies in the National Democratic Alliance (NDA) to form the government. So, the saffron party will also need to get its allies – Chandrababu Naidu’s TDP and Nitish Kumar’s JD-U in particular- on board to take a decision on the Speaker's post.Follow Live Updates on Modi 3.0 Cabinet HereMany reports have claimed that both the TDP and the JD-U, the two kingmakers with 28 Lok Sabha seats – eyed the key position.

₹740-crore initial share sale received bids for 20,52,11,888 shares against 4,37,69,494 shares on offer, according to BSE data.The retail individual investor category was booked to 12.32 times, while non-institutional investors received 8.20 times as many subscriptions. The component for qualified institutional buyers (QIBs) was subscribed at 39%.“ixigo IPO subscription are in line with our expectations with increased interest from retail bidding more than 10x, followed by NIIs/HNIs who have bought more than 7 times the reserved portion as of now on the second day of bidding which could mean the over subscription can lead to potentially decent listing gains over and above 20% for investors.

United Spirits Ltd. gained 0.69 per cent to Rs 1324.15 in Tuesday's trade. It hit a high of Rs 1334.05 and low of Rs 1310.35 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1102.88, while the 50-DMA was at Rs 1187.23. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

REITs or Real Estate Investment Trusts are silently clawing back to prominence amid pick-up in demand for office space and rents moving north. REITs offer a diversification opportunity to investors at relatively lower risk, say experts who recommend a bite into this portion of the realty cake. Market regulator Securities and Exchange Board of India (Sebi) allowing fractional ownership through small and medium-sized REITs (SM REITs) is expected to benefit not just this segment but also offer an additional revenue to the retail investor.

Avenue Supermarts Ltd. gained 0.49 per cent to Rs 4799.9 in Tuesday's trade. It hit a high of Rs 4825.0 and low of Rs 4784.75 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 4035.71, while the 50-DMA was at Rs 4643.72. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Renewable energy solutions provider Suzlon Group on Tuesday said it has secured a 103.95 MW wind project from AMPIN Energy Transition. As part of the agreement, Suzlon will supply wind turbines and execute the project, including erection and commissioning, at Fatehgarh district of Rajasthan, a company statement said.

Indian Oil Corporation Ltd. traded 0.3 per cent up at Rs 165.75 at around 11:51AM (IST) on Tuesday. The stock had closed at Rs 165.25 in the previous session. Equity benchmark Sensex traded 185.31 points higher at 76675.39 around the same time.

Nexus has secured $25 million in a Series A funding to develop verifiable computation through zero-knowledge cryptography.

Vodafone Idea saw a decline on June 11 as the company prepares to consider significant proposals on June 13. The board will discuss issuing equity shares and convertible securities on a preferential basis to vendors.Also Read | Indigo Airlines share price down over 3% as Interglobe Enterprises plans to offload stake worth $394 millionIn a regulatory filing, the firm said, "We wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 13 June 2024, inter-alia, to consider and evaluate proposals for issuance of equity shares and/or convertible securities on a preferential basis to vendors, subject to such approvals as may be required, including approval of the shareholders of the company."Also Read | ’Lok Sabha election result is a warning bell for us’: DK Shivakumar on losing to BJP in KarnatakaThe Vodafone Idea stock declined by 1.08 per cent, reaching ₹15.64 on the BSE on June 11 at 10:54 am.

₹7.7 at the end of March 2024.Overall, year-to-date, the stock has surged over 211 percent, while over the past year, it has soared by 359 percent.After a 130.64 percent rally in May and a 44.55 percent jump in April, the stock has advanced 12.5 percent in June so far. However, it experienced losses of 18 percent in March and 16.8 percent in February.

Chandrababu Naidu-linked stocks, Amara Raja Energy & Mobility and Heritage Foods, whose prices have increased by 124% and 230% respectively in the last one year and have come into limelight as TDP won the assembly elections. Heritage Foods has experienced a remarkable surge of over 105% in its stock price over the past 12 trading sessions alone while Amara Raja Energy, whose Managing Director Jay Dev Galla was a former MP from TDP (Telugu Desam Party), has seen its shares rally over 20% post Naidu-led TDP securing a win in the assembly elections.

Tesla CEO Elon Musk criticized Apple on Tuesday through a post on X, sharing an Indian meme that took a dig at the tech giant. Musk's concerns centered on Apple's integration of OpenAI's ChatGPT into its features, highlighting potential data privacy violations.

₹71,251 per 10 gm and touched an intraday low of ₹71,072 within a few minutes of the commodity market's opening bell. In the international market, the COMEX gold price oscillates around $2,320 per troy ounce, whereas the spot gold price is around $2,303.According to commodity market experts, gold prices today are under pressure after better-than-expected US job data, which dents the US Fed rate cut buzz.

₹8,587.5 crore, instead of joining the rally. In contrast, foreign portfolio investors bought Indian shares worth ₹6,617.3 crore that day while mutual-fund purchases stood at ₹3,072.9 crore. Then, on 4 June, when the actual election results were declared and the BJP fell short of a simple majority, retail investors purchased shares worth ₹21,178.9 crore, sensing an opportunity in a market that dropped some 6% in response to that news.

Apple devices at the door, where they would be stored in a Faraday cage to prevent any electronic communication.This announcement came shortly after Apple unveiled numerous AI features during its WWDC 2024 event. Key highlights included the introduction of Apple Intelligence, a significant AI-driven enhancement of Siri, along with new operating systems: iOS 18, iPadOS 18, VisionOS 2, macOS Sequoia, and WatchOS 11.

iOS 18 is Private Cloud Compute, a clever solution designed to enhance the performance of Apple Intelligence (AI). Apple Intelligence leverages both on-device and server-based AI models to manage user requests seamlessly. When the device's local capabilities fall short, Private Cloud Compute steps in, processing additional data on Apple silicon servers.

Interglobe Aviation: Interglobe Enterprises, a promoter entity of Rahul Bhatia, is planning to sell a stake worth $394 million in Indigo Airlines’ parent company, Interglobe Aviation, via a block deal. The entity currently holds a 37.75% stake in Interglobe Aviation.

employment data in the US weakens the case for monetary policymakers in the world's biggest economy to begin the cycle of easing, said a report by ICICI Securities Primary Dealership. Reserve Bank of India (RBI) Governor, Shaktikanta Das, Friday said that the rate-setting panel will look at domestic conditions while taking rate cut decisions and will not be following the Fed. Other central banks are also diverging from the Fed, as the Bank of Canada and European Central Bank cut rates last week.

ARC) are expected to see an increase in cumulative recovery rates of stressed residential real estate projects by 5 to 7 percentage points, with demand underpinning the return to solvency for several projects previously stuck with unsold inventory. Recovery rates are expected to touch 16-18% as of March 2025, from 11% a year ago, said a report by Crisil Ratings.

Mint's analysis shows the share of young workers in TCS's workforce has fallen from 59% in FY22 to 50.3% in FY24. For Infosys, that's a drop from 60% to 55% over the same period.