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₹1,349.65 apiece on the BSE Tuesday after the company’ fourth quarter earnings beat analysts’ estimates. The FMCG major Godrej Consumer Products posted a net loss of ₹1,893 crore in Q4FY24 as against a net profit of ₹452 crore in the year-ago period. The company had incurred a one-time exceptional loss of ₹2,376 crore during the March quarter due to reorganisation of Africa business.

Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, kicked off Tuesday's trading session with modest gains amid positive global cues on reaffirmed optimism that major central banks will begin cutting interest rates this year. The initial gains were led by FMCG and PSU Bank stocks. The 30-share BSE Sensex opened higher by 77.76 points, or 0.11%, at the 73,973.30 level, while the Nifty 50 started off at the 22,489.75 level, up 47.10 points, or 0.21%.

A post shared by Yuvraj Singh (@yuvisofficial) “I really want to see Rohit Sharma with a World Cup trophy and a World Cup medal. He really deserves it," he added. Yuvraj believes Rohit Sharma will be a key factor as the Men in Blue look to become world champions after 13 years.

Mahindra Financial Services Ltd. is Rs 255.05. Mahindra & Mahindra Financial Services Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 32105.24 Crore) operating in NBFC sector.

Birla Corporation Ltd. with a target price of Rs 1800. The current market price of Birla Corporation Ltd. is Rs 1516.1. Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 11898.87 Crore) operating in Cement sector.

Mangalore Refinery And Petrochemicals with a target price of Rs 175. The current market price of Mangalore Refinery And Petrochemicals Ltd. is Rs 231.05. Mangalore Refinery And Petrochemicals Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 40204.62 Crore) operating in Gas & Petroleum sector.

Israel carried out strikes on the Gazan city of Rafah overnight as it sought to put «pressure» on Hamas ahead of talks in Egypt on Tuesday aimed at sealing a truce proposal endorsed by the militants. After having vowed for weeks to push into the southern border town, Israel called on Monday for Palestinians in eastern Rafah to leave for an «expanded humanitarian area» ahead of a ground incursion. An AFP correspondent in the city reported heavy bombardment throughout the night, while the Kuwaiti hospital there said Tuesday in an updated toll that 11 people had been killed and dozens of others injured in Israeli strikes.

Raymond with a target price of Rs 2585. The current market price of Raymond Ltd. is Rs 2192.85. Raymond Ltd., incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 14604.61 Crore) operating in Textiles sector.

Aditya Arora, Adlytick, says “markets are pretty overvalued in terms of PE ratio, price to book ratio and technically also. We believe there will be a correction of 1,000 to 4,000 points from the top. If we see a good outcome in the election, there could be a short-term spike in the market. So, whatever is the top for the market, from there we see a correction of 1,000 to 4,000 points. We can see froth all over – in midcaps, smallcaps and largecaps also, although largecaps are already correcting. So, we are creating short positions in the market on the rise.” What is your view on the market right now? How would you trade in Nifty, Bank Nifty? What is your positioning? Or are you sitting out right now? Aditya Arora: We are positioned in the market, preparing for a 1,000-4,000 point of correction in Nifty post election. The reason is that a lot of people have priced in great growth in markets post election expecting the BJP government to come back to power. If you look at PE multiples of various stocks and sectors, then it is touching sky high levels.

Stock market today: Despite positive global market cues, the Indian stock market ended lower after a highly volatile session on Monday. The Nifty 50 index lost 33 points and finished at 22,442, while the BSE Sensex ended marginally higher at 73,895.

Buy or sell stocks for today: Despite positive global market cues, the Indian stock market ended lower after a highly volatile session on Monday. The Nifty 50 index lost 33 points and finished at 22,442, while the BSE Sensex ended marginally higher at 73,895. The Bank Nifty index went off 28 points and closed at 48,895.

Lok Sabha seats. With this phase, voting will be completed in Gujarat, Goa and the union territory of Dadra and Nagar Haveli and Daman and Diu on Tuesday. Also, with polling underway in 14 seats today in this phase, elections for all 28 seats of Karnataka will also be over today.

Grant’s Interest Rate Observer founder and editor Jim Grant discusses the financial instability the Federal Reserve is facing on ‘Maria Bartiromo’s Wall Street.’

Analysts at most top brokerages reduced or retained share price targets on Kotak Mahindra Bank after the company reported strong March quarter results. The stock jumped 5.02% to close at ₹1,624.4, emerging as the top gainer on the Sensex and Nifty on Monday. Analysts said despite the short-term challenges, the bank's valuations are attractive compared to its peers given its sector-leading metrics on key parameters. Regulatory relief and top management stability will be key catalysts in the near term.

Deepak Nitrite surged 4.8% after Morgan Stanley gave a 'double-upgrade' in its rating on the stock to overweight. The brokerage set a price target of ₹2,985 on the stock, implying an upside of about 16% over its Monday closing price of ₹2,560.5. The brokerage said Deepak Nitrite is in the midst of its largest investment cycle, transitioning into India's largest, integrated phenolics producer.

April has been up and down and investors are struggling to keep up. Volatility in the market is on a high and this can prevent investors from making any reasonable decisions. Factors that influence a decision for investors can quickly change and investors have to start the process all over again. 

The volatility of theelectric-vehicle transition has been on full display recently, as Ford Motor Co. announced it is pausing construction on the joint-venture active cathode material plant it is building in Quebec just days after Honda Motor Co. Ltd. announced a $15-billion EV and battery complex in Ontario.

A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine and strict limits on the lender’s U.S. growth.

Mint takes a look at one of the most important price signals of the global financial market: The US dollar, the world’s de facto reserve currency, has been gaining strength since the beginning of this year. A currency is considered “strong" when it rises in value against other currencies in the global foreign exchange market. The ICE US Dollar Index, which measures the greenback against a basket of six major currencies, is up around 4% in 2024 so far, though it is still some distance away from the levels witnessed in the early 2000s.

Lok Sabha elections, Prime Minister Modi, in an exclusive interview with Times Now, explained the reasoning behind the substantial goal of 400-paar. PM Modi expressed assurance when asked about his confidence in the NDA's capability to achieve the 400-plus target following the completion of two phases of polling. He explained how the BJP and its allies have collectively achieved the target set by the party. «Just count the number of sitting MPs we have. When we emerged victorious in 2019, we had approximately 359 Members of Parliament. Political parties from Andhra Pradesh and Odisha consistently supported us. This amounts to approximately 35 Members of Parliament. Additionally, Members of Parliament from the Northeast are aligned with us. Therefore, in practical terms, the NDA+ already had a strength of around 400. Our strength in the Parliament was already 400,» PM Modi explained.

Ontario Provincial Police are investigating reports of an illegal online gambling operation targeting youth in the city of Orillia after students reported being threatened over money they owed.