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Amit Shah has the answer. “Plan B needs to be made only when there is less than a 60 per cent chances for Plan A to succeed," Shah said in an interview with news agency ANI. In the 543-member Lok Sabha, a party or a coalition needs to win at least majority mark of 272 seats (over 50% of 543) to be in power at the Centre.

Info Edge India, which owns portals such as naukri.com, Jeevansathi.com and Shiksha.com, rose 8 per cent in early trade on BSE on Friday, May 17, a day after the company announced its March quarter scorecard. Info Edge share price opened at ₹6043.85 apiece against its previous close of ₹5867.45 and soon jumped 8 per cent to the level of ₹6,338.55. Around 10 am, Naukri share price traded 6.90 per cent up at ₹6,272.40 on the BSE.

Crompton Greaves Consumer Electricals, one of the leading consumer companies in India, saw its shares surge by 15% during early morning trading today, reaching a 20-month high of ₹390.40 per share. This increase followed the company's impressive performance in the March quarter, surpassing street estimates, largely due to heightened demand for its fans and air coolers.

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:

Loblaw Cos. Ltd. said Thursday it’s ready to sign on to the grocery code of conduct, paving the way for an agreement that’s been years in the making.

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 295070.74 Crore) operating in Auto sector.

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.

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.

U.S. Federal Reserve good news on two fronts but policymakers haven't openly shifted views yet about the timing of rate cuts investors are convinced will start this year. Comments from Fed officials including the vice chair of the rate-setting Federal Open Market Committee, New York Fed President John Williams, acknowledged the positive turn this week when U.S. government agencies reported that consumer prices rose more slowly than expected in April, and that retail spending had not increased at all during the month in a possible sign consumers are pulling back.

Indian Express, Minister Hardeep Puri revealed that Prime Minister Narendra Modi and the BJP's claim that the NDA would win over 400 seats was based on arithmetic the minister has adhered to since the 2019 Lok Sabha poll win. When Puri was asked why the BJP is seeking "400 par" this time, the Union minister said that ahead of the 2019 Lok Sabha elections, Union Home Minister Amit Shah had asked him to "undertake a granular analysis of central schemes and the beneficiaries". Upon doing the same, Hardeep Puri concluded that there were "22 crore" beneficiaries.

EV factory in Germany worth €2 billion ($2.2 billion). Despite its aspirations for a greener future, Volkswagen continues to sell many vehicles powered by combustion engines, raising concerns about exceeding emissions allowances in the near future. CEO Oliver Blume has even petitioned European regulators for leniency in this regard.

The University of California has $32 billion in assets targeted by students protesting the Israel-Hamas war

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing sky-high prices and a shortage of supply

Auto technology has evolved

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.

Why are the May 9 protests, which occurred in 2023, an important event with implications for civil-military relations in Pakistan? Even though the military remains the final arbiter in Pakistan to determine the course of politics, the May 9 protests have made it more difficult and challenging than ever for it to manage the guided democracy. The anguish and sentiment of people against the instrumental role of the military have raised questions about its legitimacy. The recent conference held by DG-ISPR included the agenda of reiterating the fact to PTI to apologise to primarily military and the nation for a comeback in the politics of Pakistan. Among a list of agendas, the prime was the PTI challenge in the conference to construct a narrative of PTI as an anarchical, foreign sources driven and anti-national force in Pakistan. In response, the PTI spokesperson Raoof Hassan has called it “full of contradictions, devoid of rationale”. These efforts to reestablish the military image go back to the power tussle between PTI chief Imran Khan and the military leadership in Pakistan.

Yogi Adityanath on Thursday attacked AAP chief Arvind Kejriwal, asserting that the Delhi CM has lost his mind after going to jail. Adityanath made the remarks in a response to the claims by Kejriwal that the UP chief minister will be removed from the post if the BJP retains power. At a joint press conference along with Samajwadi Party president Akhilesh Yadav here this morning, Kejriwal reiterated his claim that Union Home Minister Amit Shah will be made the next prime minister and Yogi Adiyanath will be removed as UP chief minister if the BJP comes to power again. Adityanath said, «Kejriwal has lost his mind after going to jail. The Delhi CM, who shattered Anna Hazare's aspirations and sided with the corrupt, is now targeting me. He has embraced the Congress, against whom Anna protested, like a necklace.»

Mint on the impact of climate change in the Asia Pacific region. India accounts for most of the economic and human losses in South Asia region.

Sectorally, buying was seen in realty, consumer durables and capital goods stocks while selling was available in utilities.

Ashok Leyland share price scaled 52-week highs of ₹207.45 on the NSE on Thursday before closing at ₹206.70 levels. Ashok Leyland share price has gained more than 28% since March Lows. Ashok Leyland share price remains momentum pick of Axis Securities who expects more than 12% gains for the stock ₹203- ₹199 remains the buy range for Ashok Leyland share as per Axis Securities.

Oberoi Realty shares extended their winning streak for the fourth consecutive day on Thursday, posting a surge of 8.70% to close at ₹1,711 per share. The stock also registered a new record high of ₹1,727.95 during the session. Investor confidence remained high following the company's strong performance in Q4 and FY24, which was released during Wednesday's trading hours.