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₹87, which is 30% higher than the issue price of ₹67. Premier Roadlines IPO subscription period ran from Friday, May 10, until Tuesday, May 14. Premier Roadlines IPO price band was set between ₹63 and ₹67, with a face value of ₹10.

Stock Market News: Domestic equity benchmark indices, the Sensex and the Nifty 50, began Friday's session on a flat note. Auto stocks saw gains offset by a decline in financial sectors, and a global rally sparked by expectations of a US interest rate cut fizzled out. As of 9:20 IST, the blue-chip NSE Nifty 50 fell 0.08% to 22,386.20 points, while the S&P BSE Sensex fell 0.10% to 73,581.50.

JPMorgan maintained an overweight rating on LIC Housing Finance, Nomura has a buy rating on Info Edge, BofA Securities recommended a buy on Biocon and Jefferies upgraded M&M to buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

shares of Premier Roadlines listed on the NSE SME platform on Friday with a premium of 30%. The stock debuted at Rs 87 as against an issue price of Rs 67 apiece. Ahead of the listing, the company's shares traded with a premium of Rs 15 in the unlisted market.

voters and Persons with Disabilities (PwDs) cast their votes using the home voting facility in all seven parliamentary constituencies of Delhi on the first day of the exercise on Thursday, according to official data. The home voting facility is available to voters above 85 years of age and PwDs, offering them the option to cast their votes from their homes. The facility, which started on May 16, will be available till May 24, the office of the Chief Electoral Officer (CEO) of Delhi said. Delhi goes to polls on May 25.

More couples are choosing to secure their financial future from unwarranted healthcare expenses by opting for comprehensive maternity coverage as they plan to welcome a baby into their family. Growing awareness of rising healthcare costs among wannabe parents has led to an 80 per cent YoY increase in maternity plans in FY24, according to PolicyBazaar data.

market is expected to trade higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.84% at 22473 levels on Thursday. India VIX was down by 1.33% from 20.27 to 20 levels.

National Company Law Tribunal has admitted the merger scheme between Reliance Industries Ltd's Viacom18, its wholly-owned subsidiary Digital18 and Walt Disney's Star India, marking the first step towards completion of the mega-merger deal. In an order passed on May 7, a division bench of judicial member Kishore Vemulapalli and technical member Anu Jagmohan Singh directed the companies to convene a meeting of their secured and unsecured creditors to get approval for the merger scheme. The tribunal has appointed retired Justice Suresh Chandrakant Gupte as chairperson for the meetings of secured and unsecured creditors of Viacom18 and unsecured creditors of Star India.

GameStop and AMC fell for a second straight session on Thursday, as excitement over the social media return of "Roaring Kitty," who was the central figure in 2021 meme-stock rally, fizzles out. Shares of the videogame retailer GameStop tumbled 30% to close at $27.67 after jumping as high as $64.83 on Tuesday. Theater chain AMC closed 15.3% lower at $4.64.

Silver prices Thursday surged to an all-time high, just shy of Rs 90,000 a kg, paced by an increase in industrial applications of the precious metal amid shortening odds of an imminent reduction in policy rates by the US Federal Reserve. Prices climbed more than Rs 2,000, or nearly 4%, through the course of a single trading session to end at Rs 87,476 a kg. Within a month, silver prices have climbed more than 5%, resulting in annualised gains of 60%, with analysts attributing increasing industrial demand of silver from the makers of electric vehicles (EV) and photovoltaic solar panels. High prices have sparked selling of household silver in Mumbai’s Zaveri Bazaar, said Prithviraj Kothari, MD, RiddiSiddhi Bullions. “People are selling bars, coins and silver utensils to get cash in hand. Also, after a long time, silver is witnessing such a bull run and consumers want to make the most of it,” said Kothari.

The U.S. Senate voted on Thursday to formally disapprove the Securities and Exchange Commission’s (SEC) controversial staff accounting bulletin SAB121, which will now go to President Joe Biden’s desk.

The Department of Labor has announced updates aimed at improving the distribution of retirement plan assets to workers and retirees from bankrupt companies.

discussed measures to “deepen" their strategic cooperation and partnership. A lot happened on the first day of Putin's visit to China. Here's all you need to know: Xi Jinping welcomed Putin, saying, “Dear President Putin, my old friend, we welcome your participation in the Third Belt and Road Forum for International Cooperation." Later, the two leaders held a key meeting on Thursday.

Auto technology has evolved

Florida Gov. Ron DeSantis has signed a bill making climate change a lesser priority under state law and banning offshore wind turbines near the state's long coastline

Warren Buffett’s Berkshire Hathaway is disclosing a new $7 billion stake in fellow insurer Chubb

Android 15, with the latest beta version offering robust enhancements available exclusively to beta testers. One notable feature showcased during a Google I/O developer session is the introduction of Private Space, a security and privacy-oriented addition to smartphones running Android 15. Private Space empowers users to conceal specific applications, such as those pertaining to finance, dating, or social media, in a secure enclave on their device.

Indian Premier League 2024, including Thursday's Sunrisers vs Gujarat Titans, the race for the last two spots has gained momentum. Rains disrupted today's match, and even the toss has been delayed in Hyderabad. There are also chances of a washout.

The Securities and Exchange Board of India (Sebi) has removed the requirement of linking permanent account number (PAN) with Aadhaar, providing some relief for mutual fund investors to obtain a “KYC-registered” status for mutual fund transactions. However, investors require a “KYC-validated” status, which is only possible after linking PAN with Aadhaar, for unconstrained transactions across all fund houses. A KYC-registered status allows investors to only transact with the fund houses they already have investments with.

Mutual fund investors, especially NRIs, who were grappling with KYC non-compliance issue on account of non-linkage of PAN-Aadhaar can heave a sigh of relief, at least for the time being. The capital market regulator, SEBI, has eased KYC norms by removing temporarily the requirement to link PAN with Aadhaar for ‘KYC registered’ status for mutual fund transactions. This means all mutual fund investors can continue investing without the necessity of having submitted additional documents for now.

India’s biggest asset management company SBI Mutual Fund has announced the launch of its new thematic fund – SBI Automotive Opportunities Fund.