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₹6,600 crore was better than expected, albeit lower year-on-year (y-o-y) by 8.6%, mainly due to the partial shutdown of its Netherlands facilities. Notably, losses from European operations declined sequentially. Still, the shares have been down 4% over the past two trading sessions since the results.

Read here: Week Ahead: Exit polls, Lok Sabha election results, RBI Policy, auto sales, among key market triggers this weekOn Friday, the Indian stock market ended with minor gains, snapping the five-day losing streak, led by gains in key heavyweights.The Sensex gained 75.71 points, or 0.10%, to close at 73,961.31, while the Nifty 50 ended 42.05 points, or 0.19%, higher at 22,530.70.“Exit polls results which indicate a clear victory for the NDA with around 360 seats completely removes the so-called election jitters which have been weighing on markets in May. This comes as a shot in the arm for the bulls who will trigger a big rally in the market on Monday.

Buy or sell stocks for today: After the end of Lok Sabha Election 2024 on Saturday last week, and the majority of the Exit Polls predicting the third term for the Narendra Modi government in New Delhi, the Indian stock market is expected to extend to remain volatile on the penultimate day of the Lok Sabha Election results date. On Friday last week, frontline indices of the Indian stock market ended marginally higher after erasing most of its early morning losses.

Investors in Tata Technologies were overjoyed when the stock got listed in November 2023. At Rs.1,314, the closing price on listing day was more than 160% above the issue price of Rs.500. Not all investors made a killing though. A few weeks before the IPO opened on 22 November, Tata Technologies shares were trading at around Rs.860 apiece in the unlisted market. The investors who bought these shares at that price saw their investment go up by only 53%. Even 53% was not theirs for the picking, thanks to a rule that disallows pre-IPO investors from selling their holdings till six months after a stock is listed. The lockin period for Tata Technologies ended last week on 30 May, but the share price is now Rs.1,030, which means the gains are now pared further to less than 20%. Unlisted stocks are more volatile, less rewarding

Dividend stocks: Shares of Anand Rathi Wealth Ltd, D B Corp Ltd, Rallis India Ltd, and Sundram Fasteners Ltd will be in focus when the stock market opens on June 03 (Monday).The Board of Directors of the four companies had declared interim dividend and final dividend for their eligible shareholders.These companies had fixed June 03 as the record date to ascertain the eligibility of shareholders for their respective issues.ALSO READ: Dharmesh Shah recommends these two stocks to buy on MondayShares of Anand Rathi Wealth Ltd, D B Corp Ltd, Rallis India Ltd, and Sundram Fasteners Ltd will trade ex-dividend on Monday.Anand Rathi Wealth: The company had declared a final dividend of ₹9.00 per equity share.In a stock exchange filing, Anand Rathi Wealth said the Board of Directors approved “Final Dividend of 180% (i.e. Rs.

tiny island off Panama’s Caribbean coast, about 300 families are packing their belongings in preparation for a dramatic change. Generations of Gunas who have grown up on Gardi Sugdub in a life dedicated to the sea and tourism will trade that next week for the mainland’s solid ground, as per an AP report.

ALSO READ: RBI Policy: Repo rate cut expectations pushed back to December quarterOn June 3 (Monday), data on the S&P flash US manufacturing PMI for May and ISM manufacturing for May will be released.TBA Auto sales data for May is also due on the same day.On June 4 (Tuesday), factory orders data for April will be declared.June 5 (Wednesday) will see the release of reports on ADP employment for May, ISM services for May, US productivity (final revision) for first quarter, US trade deficit for April, and S&P flash US services PMI for MayOn June 7 (Friday), a report on consumer credit for May and data on US employmenand unemployment for May will be released.Following companies are due to report quarterly earnings in the week ahead— GitLab, Science Applications, CrowdStrike, PVH, Hewlett Packard Enterprise, Bath & Body Works, Lululemon, Dollar Tree, Brown-Forman, Campbell Soup, and Five Below, Samsara, DocuSign, J.M. Smucker, and NIO.US stocks rallied on Friday after a report showed the Federal Reserve’s preferred inflation was flat.ALSO READ: OPEC to extend cuts till 2H; Crude oil seen at $70-$90 in 2024: Kaynat ChainwalaThe Dow Jones Industrial Average rose 574.84 points, or 1.51%, to 38,686.32, the S&P 500 gained 42.03 points, or 0.80%, to 5,277.51 and the Nasdaq Composite lost 2.06 points, or 0.01%, to 16,735.02.The yield on the 10-year Treasury fell to 4.50% from 4.55%.

₹5,000-crore package is being worked out through a new VGF scheme to incentivise construction of inland vessels, with plans to later extend the support for entities manufacturing sea-bound vessels including cruise ships.One of the two persons said that under SBFA, the incentives in the form of 20% capital support may be reinstated for all kinds of shipbuilding, with the period of incentives being extended by four years from present sunset period of 2026 to align it with Maritime India Vision 2030. Under the Maritime India Vision, India aims to develop world-class mega ports, transhipment hubs and infrastructure modernization of ports.The SBFA scheme may be considered for further extension by another six years till 2036, in line with new targets set under the recently formulated The Amrit Kaal Vision 2047, the person quoted above said.Also Read: What an ‘Indian Club’ means for the country's shipping industryIn addition, a new VGF scheme may be launched to encourage the construction of inland vessels and ships with plan to extend this support in addition to any other incentive programmes for manufacturing commercial blue water ships.Under SBFA, financial assistance is provided to domestic shipyards for shipbuilding contracts signed between 1 April 2016 and 31 March 2026 with the rate of financial assistance starting at 20% in 2016 and diminishing to 11% in 2026.

OPEC+ on Sunday tentatively agreed to extend all production curbs through the end of the year in an attempt to shore up oil prices, delegates said, as top producers in the group inched toward a deal to cut output into 2025. The expected agreement comes on the same day the group’s kingpin, Saudi Arabia, launched a giant sale of shares in its national oil champion that will yield billions to help fund the kingdom’s economic transformation.

The NSE Nifty 50 concluded with a 0.2% increase at 22,531 points, while the S&P BSE Sensex saw a 0.1% gain, closing at 73,961. Initially, both benchmarks surged as much as 0.7% in early trade before retracing gains. Over the week, they posted a 1.9% decline.

₹2,08,207.93 crore last week, with bellwether Reliance Industries, TCS and Infosys taking the biggest hit, reported news agency PTI on 2 May.Along with RIL, TCS and Infosys, other firms whose m-cap declined include ITC, Life Insurance Corporation (LIC), Hindustan Unilever Ltd, Bharti Airtel and ICICI Bank.ALSO READ: Day trading stocks to buy: BEL to REC— Anand Rathi expert recommends three shares to buy on June 3On the contrary, HDFC Bank and State Bank of India (SBI) emerged as gainers.Snapping a five-day losing streak, the 30-share BSE Sensex tanked 1,449 points or 1.92 per cent. However, it surged by 75.71 points, or 0.10 per cent, to settle at 73,961.31 on Friday.Reliance Industries' market capitalisation decreased substantially, plunging by ₹67,792.23 crore to ₹19,34,717.12 crore.

Nifty ended the month in red, declining by 74 points to close at 22,530. However, since December, the index has been touching new peaks every month. High volatility was experienced due to the election season, the results of which will be declared on Tuesday, June 4. The week also witnessed high fluctuations as the index closed 2.5% lower on Friday from its all-time high of 23,110 on Monday. Currently, India VIX stands above the 24 mark.

geopolitical events, currency fluctuations, and trade agreements can have profound effects on profit-booking behaviour in Indian gold, silver, and rupee markets, shaping subsequent reinvestment strategies for investors.

Also Read: The Ultimate Guide to Opening a Demat Account in 2024A demat account just converts your shares from a physical form to an electronic format. To put it simply, a demat account is like your bank locker. You can hold your shares, bonds, debentures, mutual funds, exchange traded funds and other securities in your demat account.But just like your bank locker cannot work independently from your bank account, demat accounts can operate only in tandem with trading accounts.

India stock market: The Indian stock market benchmarks, Sensex and Nifty 50, closed with slight gains on Friday, May 31, breaking the pattern of losses from the preceding five sessions. The Sensex concluded the session with a 0.10 percent rise, gaining 76 points to reach 73,961.31, as 15 stocks saw an increase.

It began with a notification: A user wanted to connect on LinkedIn, and sent a note saying she thought the man’s profile was impressive. She seemed polite and attractive. The man, a 75-year-old professional who lives in the American Midwest, replied.

BONK’s recent price decline has led to a significant drop in investor confidence, reflected in the asset’s Open Interest (OI). OI fell from $24 million to $16 million, slightly recovering to $17.27 million.

gold in the last one week has been -0.9% .whereas in the last month it has been -0.8%.The cost of silver is Rs.92630.0 per kg Gold Price Today in Delhi is ₹74671.0/10 grams. Yesterday’s Gold Price on 01-06-2024 was ₹73846.0/10 grams. and last week’s gold price on 27-05-2024 was ₹73180.0/10 grams.

reassuring, but external debt is only one part of our external liabilities. For a full picture of what India owes to foreigners, it is more useful to track India’s international investment position (IIP), which shows the stock of international financial assets and liabilities at a point in time. On the assets side, IIP includes all foreign financial assets that Indians own, including international reserves held by the central bank.

exit polls have predicted a comfortable majority for the Modi government, shrugging off concerns in some pockets, at least for now. Domestic markets witnessed high volatility throughout May, with benchmark Sensex shedding 0.8% and the broader Nifty losing over 0.5%.

Caribbean coast, about 300 families are packing their belongings in preparation for a dramatic change. Generations of Gunas who have grown up on Gardi Sugdub in a life dedicated to the sea and tourism will trade that next week for the mainland’s solid ground.They go voluntarily — sort of.The Gunas of Gardi Sugdub are the first of 63 communities along Panama’s Caribbean and Pacific coasts that government officials and scientists expect to be forced to relocate by rising sea levels in the coming decades.On a recent day, the island’s Indigenous residents rowed or sputtered off with outboard motors to fish.