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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:

Sensex and Nifty and sudden spikes in fear index India VIX, Dalal Street investors have apparently been more worried about voter turnout percentages than earnings growth of India Inc in the March quarter. «There are an awful lot of doomsayers out there that say that they (BJP) are not going to get 250 (seats) and INDIA (alliance) is going to get the majority. If that happens, then the market is in for a bit of a dive which is why you have got these shorts happening,» says Pashupati Advani, Founder, Global Foray.

BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.

Sensex climbed 676 points to settle at 73,663 and the Nifty surged 203 points to 22,403. Stocks that were in focus include names like Tata Technologies, which closed flat, Apollo Tyres, which jumped 3.14%, and Vodafone Idea, whose shares fell 0.76% on Thursday.

Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S. President Joe Biden an opening to prove his Republican election rival's 2020 predictions wrong. The state of the U.S. economy looms as one of the larger factors weighing on the Democratic president's bid for reelection. Persistently high prices have hindered Biden's efforts to win credit from voters for his handling of the economy, although inflation in recent months has been easing.

Asian stocks inched lower on Friday as traders pondered the near term U.S. monetary policy path after Federal Reserve officials suggested that interest rates may need to stay higher for longer even as inflation shows early signs of easing. Data on Wednesday showed cooling U.S. consumer price inflation, prompting markets to swiftly price in at least two rate cuts this year but the excitement soon fizzled out as the latest report showed the labour market remains tight, while central bankers were still cautious about inflation.

trailer of the upcoming movie ‘Never Let Go’ is out. It shows the Oscar winning actor Halle Berry fighting against evil and protecting her children. Ever heard of Charles Darwin’s concept of “survival of the fittest”? This is exactly what is depicted in the movie.

The Bitcoin (BTC) price has been pumping higher this week in wake of US CPI data that pointed at moderating price pressures, and as major financial institutions including Morgan Stanley reveal significant holdings in US spot Bitcoin ETFs.

Madison Ventures managing director Mitch Roschelle analyzes the housing market and reveals some of the best places to live outside of big cities on ‘The Big Money Show.’

'Kudlow' panelists Kevin Brady, Art Laffer and Sandra Smith discuss how 'Bidenomics' is falling flat with voters.

Gen V, a spin-off from The Boys universe, has started production for its second season. The cast has shared updates on social media, and significant changes have been announced for the new season.

The CW has recently launched its 2024-25 fall schedule which includes the announcement of a few new titles along with the return of popular shows for subsequent seasons. However, some popular shows have not been showcased for return in this primetime schedule, leaving fans anxious. According to a TV Insider report, The CW, alongside announcing the schedule has also unveiled its objectives around the expansion of its sports segment, CW Sports.

Peacock, who is working on a spinoff series inspired by The Office. If this wasn't good news enough, the original showrunner of The Office, Greg Daniels, is also on board this spinoff as the co-creator, according to a TV Guide report.

diesel sales continued to slide in May while petrol consumption was almost flat despite election campaigns for the general elections hitting a peak, preliminary data of state-owned firms showed on Thursday. Electioneering for general elections traditionally has led to a surge in fuel demand as candidates extensively use automobiles to reach voters. But the trend in sales by PSUs so far does not reflect that. Petrol sales of three state-owned firms, which control 90 per cent of the fuel market, at 1.367 million tonnes in the first half of May was almost the same as 1.36 million tonnes of fuel consumed in the same period last year. Month-on-month consumption however soared 11 per cent. Diesel sales dropped 1.1 per cent to 3.28 million tonnes during May 1 to 15. The demand for the nation's most consumed fuel had fallen 2.3 per cent in April and 2.7 per cent in March.

₹6,619 per barrel on the multi commodity exchange (MCX). The number of Americans filing new claims for unemployment benefits fell last week by 10,000 to a seasonally adjusted 222,000, the U.S. Labor Department said, pointing to both an underlying strength and a steadying of the labor market.

₹12,000 crore in the EV business over the next three years, it has also marked out a larger capex of ₹14,000 crore for its conventional IC-engine business. The latter will see six brand new SUVs and three model refreshes by 2030, the company said on Thursday while announcing its Q4 results for FY24. The ₹26,000-crore capex push follows the company's strong show in its core automotive business, with standalone net profit for the auto and farm business rising 32% to ₹2,038 crore for the quarter ended March, compared to the same period a year ago.

A “trifecta” of conditions in Canada’s housing market last quarter translated into the biggest improvement in affordability since 2019, National Bank of Canada said Thursday.

mutual funds is growing month after month and year after year. Across the parameters and yardsticks, investors are putting more money in mutual funds. Moreover, when it comes to investment by retail investors, this data is even more heartening.

GameStop and AMC continued their slide for a second straight session on Thursday, as the euphoria over the return of "Roaring Kitty", who was the central figure in 2021 meme stock rally, fizzles out. Shares of the struggling videogame retailer GameStop fell 12% to $34 after jumping as much as $64.83 this week, while fetching $1 billion in losses for short sellers, according to Ortex Technologies. Theater chain AMC shed 5.5% following an 88% gain since Friday's close.

U.S. import prices increased 0.9% last month, a jump that raised market fears that the Federal Reserve's fight to tame inflation is not done and could delay plans for policymakers to cut interest rates. The market also was grappling with a drop in the number of Americans filing new claims for