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₹62.71 up 20 per cent as soon as the market opened on June 10, at 9:15 am on BSE.Wardwizard Innovations is an electric vehicle (EV) manufacturing company with a market capitalisation of ₹1800 crore, according to the company's website. The EV maker is listed on BSE.

Sensex and Nifty50, opened with fresh record highs on Monday, led by index heavyweight Reliance Industries and banking stocks. The BSE Sensex was trading 321 points, or 0.42%, higher at 77,014. The Nifty50 was up 110 points, or 0.47%, trading at 23,400 around 9:19 am. This is the first time that Sensex has hit the 77,000 mark.

global demand remained comparatively muted in 2023 on account of lower consumer consumption and rising inflation in the main markets of Europe and the US. As a result, India’s merchandise exports also took a hit. However, experts now see a gradual revival in global demand because of the 11.86% year-on-year export growth (to $41.4 billion) in February 2024.

Motilal Oswal Financial Services Ltd, suggests that the market will remain volatile but with an upward trend, fueled by revived hopes of a US Federal Reserve rate cut in September and the allocation of key cabinet portfolios in the new Indian government. (Read the full story here.)Sensex Today Live : Indian markets were likely to be weighed down by the muted sentiment flowing from global peers as hopes of a sooner rate cut by the US Federal Reserve faded on the back of better-than-expected labour market data in the US.Notwithstanding the boost in sentiment from the formation of a new Union government in India, Gift Nifty futures was trading at 23,310, marginally ahead of Friday's Nifty 50 close of 23,290, indicating a muted to positive opening for India on Monday.Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S.

technical charts and options data hint at a bullish setup. According to technical analysts, Nifty is expected to continue its upward trajectory towards 23,560, followed by 23,890, with immediate support at 23,000. Analysts suggest Tata Motors, UltraTech Cement, Sun Pharma, McDowell, UBL, ITC, Marico, HUL, Tata Consumer, and Lupin for short-term trading.

euro fell on Monday as the French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right, while the dollar was steady ahead of the Federal Reserve meeting later in the week. The euro fell to $1.0764, its lowest since May 9, in early trading in Asia. It was last down 0.24% at $1.0776 as investors weighed the implications of renewed political uncertainty in the euro zone's second-biggest economy in a key election year.

Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S. labour market, while a snap election call in France sparked wider political concerns and weighed on the euro. Trading was thinned in Asia with Australia, China, Hong Kong and Taiwan out for public holidays, but MSCI's broadest index of Asia-Pacific shares outside Japan still slumped 0.46%.

Narendra Modi and his 71 ministers took oath of office and secrecy on Sunday.On Friday, the Indian stock market indices ended at their fresh closing highs, extending gains into the third consecutive session, after the Reserve Bank of India (RBI) kept the repo rate and policy stance unchanged while raising the GDP estimates for FY25 and retaining the inflation target.The Sensex jumped 1,618.85 points, or 2.16%, to close at 76,693.36, while the Nifty 50 settled 468.75 points, or 2.05%, higher at 23,290.15.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 10“Now hopes have revived that the US Federal Reserve might cut interest rates in the September meet based on recent macro data points. This week, focus will be on allocation of key cabinet portfolios such as Finance, Defense, Roads, Energy, Commerce, and Railways.

F&O ban list: The National Stock Exchange (NSE) has banned trading in three stocks on Monday, June 10, 2024, in the futures and options (F&O) segment due to their exceeding 95% of the market-wide position limit (MWPL).However, these stocks will be available for trading in the cash market.The NSE updates the list of securities in the F&O ban for trade every day.ALSO READ: Stocks to buy: Granules and Tata Motors looking attractive, here's whyBalrampur Chini Mills, SAIL, and ZEEL are the three stocks on the NSE's F&O ban list for June 10.The National Stock Exchange (NSE) said the derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and have been currently placed in the ban period by the stock exchange.“It is hereby informed that all clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action," the NSE statement said.No new positions are allowed when the stock exchanges place F&O contracts in a particular stock during the F&O ban period.

Sensex surged 1,618.85 points, or 2.16%, to close at 76,693.36, while the Nifty 50 settled 468.75 points, or 2.05%, higher at 23,290.15.Nifty 50 formed a long bull candle on the daily chart on Friday, that has reached the important upper trajectory of the upper part of Tuesday’s long bear candle at 23,200 levels. Also Read: Indian stock market: 7 key things that changed for market over weekend - Gift Nifty, Modi 3.0 to US nonfarm payrolls“Hence, the sharp fall of Tuesday (election result day) has been regained in just three sessions.

Dividend stocks: Shares of Dr. Lal PathLabs Ltd and Nelco Ltd will be in focus when the stock market opens on June 10 (Monday).The Board of Directors of the two companies had declared final dividends for their eligible shareholders.These companies had fixed June 10 as the record date to ascertain the eligibility of shareholders for their respective issues.ALSO READ: Stocks to buy: Granules and Tata Motors looking attractive, here's whyShares of Dr.

defence and infrastructure plays also offer strong earnings growth prospects, but we find limited upside at current expensive valuations, which are pricing in all the good news. We expect the Union government to achieve a lower fiscal deficit of 5% in FY25.

₹72.03 a share for ₹261 crore, according to a Mint analysis. Less than seven weeks after Pabrai cut his Edelweiss holding by half, RBI on 29 May restricted businesses of its lending and asset reconstruction arms, citing concerns about its lending and accounting practices. Edelweiss shares plunged 11.8% to close at ₹68.35 on 30 May, a day after the regulatory action.

Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday.

Mumbai: India's markets regulator has proposed tighter rules on trading in individual stock derivatives, arguing the rules were needed to avert risks of market manipulation after recent explosive growth particularly in options trading.The move comes after two sources familiar with the matter told Reuters in April that India's top financial regulators would form a committee to assess stability risks emerging from a surge in derivatives markets.Options trading has soared in India in the last five years, fueled mainly by retail investors so that the notional value of index options traded more than doubled in 2023-24 to $907.09 trillion from the year before, exchange operator NSE has said.A discussion paper published on Sunday on the website of the Securities and Exchange Board of India (SEBI) said derivatives contracts on individual stocks should have sufficient liquidity and trading interest from market participants - currently a requirement only for contracts on indexes."Without sufficient depth in the underlying cash market and appropriate position limits around leveraged derivatives, there can be higher risks of market manipulation, increased volatility, and compromised investor protection," SEBI said.Under the proposed rules, for a stock to be considered for futures and options (F&O) trading, it should have traded for 75% of trading days, SEBI said, without specifying over what period.Also 15% of active derivatives traders should have traded the stock; average premium daily turnover should be ₹150 crore ($18 million); average daily turnover must be between ₹500 crore and ₹1,500 crore; and the maximum number of open F&O contracts permitted for the underlying stock must be ₹1,250 crore – ₹1,750 crore.

On Sunday, Notcoin was trading near $0.0188, with a 24-hour trading volume of around $785 million. Notcoin has dropped nearly 4.50% in the past 24 hours, reflecting some bearish sentiment in the market.

Group of Seven (G7) wealthy democracies to send a tough new warning next week to smaller Chinese banks to stop assisting Russia in evading Western sanctions, according to two people familiar with the matter.

equity indices, Nifty50 and Sensex, closed at record highs on Friday, erasing election day-related losses, on political continuity and a projection of faster economic growth. The NSE Nifty50 ended 2.05% higher at 23,290 points, while the S&P BSE Sensex closed up 2.16% at 76,693.

Indian market closed in the green on Friday for the third consecutive day in a row. The S&P BSE Sensex rose more than 1,600 points while the Nifty50 closed just a shade below 23,300 levels.

Mutual fund investors were left in a lurch on Tuesday when they placed orders hoping to buy the dip after market crash but their allotments reflected the next day’s Net Asset Value (NAV) after market recovered half its losses.

The world economy is at a turning point. As global supply chains face frequent disruptions, the structures underpinning markets and international trade are unravelling, leading to economic instability which is spilling over into other domains and fuelling conflict and political polarization. It is worth asking why, despite an unprecedented influx of data, mainstream economic thinking and policymaking appear to be failing.