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Results of the recently concluded general election for the Lok Sabha have given the National Democratic Alliance (NDA) a clear mandate to form the government for a third successive term, although there is also a message for it in the sharply reduced seats it now holds. The principal party in this alliance, the Bharatiya Janata Party (BJP), won only 240 seats, lower than the required 272 for a House majority, while the BJP had a majority of its own supporting the past two governments. While it may not hamper the smooth functioning of the government, the decline of BJP MPs in the Lok Sabha was unexpected, given that pollsters as well as the party had claimed a likely increase in its tally.

Gensol Engineering, the flagship company within the Gensol group, were locked in a 5% upper circuit limit in today's early morning trade, touching ₹1068 apiece after the company emerged as a successful bidder for the 250 MW/500 MWh standalone Battery Energy Storage Systems (BESS) project worth ₹1340 from Gujarat Urja Vikas Nigam Limited (GUVNL). The company highlighted that this project would supply electricity on an “on-demand" basis to Gujarat State's DISCOMs during peak and off-peak hours, thereby extending renewable energy availability beyond solar hours, fulfilling Energy Storage Purchase Obligations, and enhancing grid resilience.

The price change in 24 carat gold in the last one week has been 2.82% .whereas in the last month it has been 2.12%.The cost of silver is Rs.88370.0 per kg up by Rs.490.0 per kg. Gold Price Today in Delhi is ₹73155.0/10 grams. Yesterday’s Gold Price on 12-06-2024 was ₹73027.0/10 grams.

Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50 started Thursday's session at record highs after better-than-expected economic data. The Nifty Midcap 100 index opened the day at a record high.The 30-share BSE Sensex opened higher by 495.48 points or 0.65% at 77,102.05 level while the Nifty 50 started off at 23,480.95 level, up 158 points or 0.68%.Also Read: Sensex Today Live Updates: Sensex, Nifty open at record high led by global cues; Gensol, Sobha shares gainAccording to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, there is excellent news on inflation in both the US and India.

Stocks to buy or sell: The Indian stock market snapped its two-day fall and ended northward on Wednesday. This means that the market, after a period of decline, started to move upwards again. The Nifty 50 index went up 58 points and closed at 23,322, while the BSE Sensex scaled 149 points and finished at 76,606.

Several South Korean retailers including Lotte and Hyundai are shutting down their non-fungible token (NFT) operations “one after the other” in a major blow to the sector.

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Stocks that traded heavily or had substantial price changes on Wednesday: Oracle, Casey’s General Stores rise; Vera Bradley, PetMed fall

The European Union is moving to hike tariffs on electric vehicles made in China

China's Premier Li Qiang has arrived in New Zealand at the start of a weeklong tour that also includes Australia and Malaysia

Sensex gained 149.98 points, or 0.20%, to close at 76,606.57, while the Nifty 50 settled 58.10 points, or 0.25%, higher at 23,322.95.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 13“Nifty is witnessing consolidation for the past three days in absence of fresh domestic triggers while cautiously awaiting US CPI and US Fed policy outcome. Market is likely to consolidate in the near term with a positive bias," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.Here are key domestic and global market cues for Sensex today:Asian markets traded higher on Thursday following overnight gains on Wall Street after the US Fed interest rate decision.Japan’s Nikkei 225 rose 0.56%, while the Topix was flat.

Stock market today: Despite mixed trends from the global markets, the Indian stock market snapped two days fall and ended higher on Wednesday. The Nifty 50 index 58 points and closed at 23,322 while the BSE Sensex scaled 149 points and finished at 76,606. The Bank Nifty index ended 189 points higher at 49,895.

Sensex gained 149.98 points to close at 76,606.57, while the Nifty 50 settled 58.10 points, or 0.25%, higher at 23,322.95.Also Read: Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US Fed policy to inflation dataNifty 50 formed a small negative candle on the daily chart with upper shadow. “Technically, this pattern signals a range bound action in the market at the crucial hurdle of around 23,400 - 23,500 levels.

Shares of Canadian Western Bank surged 70 per cent in early trading after it announced that it had struck an all-stock deal to be acquired by National Bank of Canada in an agreement that valued it at about $5 billion.

Bitcoin (BTC/USD) is currently trading at $69,615, with analysts closely watching the upcoming release of the US Core Inflation Rate. This economic indicator is pivotal for shaping market expectations and could significantly influence Bitcoin’s trajectory.

Australia's top trade official is predicting China will lift a ban on Australian lobster imports after Chinese Premier Li Qiang visits the country

The government is considering launching an incentive scheme to boost domestic manufacturing of toys, keeping in view the high employment potential of the sector. This follows a series of steps taken over recent months to support the industry, including hike in import tariffs to curb inflow of cheaper products from abroad, and tightened quality norms for imports.

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smartphones sold exclusively online are finding their way into the grey market through aggregators who buy all available stock from online channels, causing an artificial shortage, trade bodies have claimed.

Bitcoin's price (BTC) rose to nearly $70,000 Wednesday as investors cheered better-than-expected inflation data for May that raised hopes of a rate cut by the U.S. Federal Reserve.

China’s exports are still going strong. That has created tension with the West and led to a new wave of tariffs on its eclectic vehicles. But it is also reshaping global trade.