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Hindustan Aeronautics (HAL) revenues are linked to service income to past product sales and recurring. Product business should rise faster as the government is encouraging domestic aircraft manufacturing. GE's tie-up shows the potential of moving up in the OEM status among global defence companies.

Info Edge (India) Ltd. traded at Rs 6275.0 on BSE at 01:59PM (IST) on Monday, down 1.03 per cent. The stock quoted a 52-week low price of Rs 3741.2 and a high of Rs 6545.95. Earlier in the day, the stock saw a gap up opening.

Avenue Supermarts Ltd. traded 2.85 per cent down in Monday's trade at 02:09PM (IST). Around 23,714 shares changed hands on the counter. The counter opened at Rs 4664.65 and touched an intraday high and low of Rs 4664.65 and Rs 4507.0, respectively, in the session so far. The stock of Avenue Supermarts Ltd. quoted a 52-week high of Rs 4916.15 and a 52-week low of Rs 3428.2.

Bitcoin (BTC), XRP, and Dogecoin. BTC fell 0.9% to $68,678 in today's trade, while Ethereum surged over 3.4% to $3,915. Ethereum, the largest altcoin, has witnessed remarkable growth since the news of the SEC approving the listing of ETH ETFs became public. Ethereum has delivered stellar returns of around 27% in just seven days and the momentum is expected to sustain in the coming weeks owing to favorable macroeconomic factors, said Shivam Thakral, CEO of BuyUcoin.

GAIL (India) Ltd. traded at Rs 203.2 on BSE at 01:54PM (IST) on Monday, down 0.58 per cent from previous close. The scrip quoted a 52-week low price of Rs 103.2 and a high of Rs 213.7.

Bharat Forge Ltd. dropped 0.62 per cent to Rs 1563.55 at 01:13PM (IST) in Monday's trade. The counter has hit a high of Rs 1597.35 and low of Rs 1533.15 so far during the session. The stock had closed at Rs 1573.4 in the previous session. The counter has had a total traded volume of 38016 shares so far with a value of Rs 5.91 crore on the NSE. It traded at a price-to-earnings multiple of 78.19 and a price-to-book ratio of 7.33.

Siemens Ltd. rose 0.75 per cent to Rs 7225.55 in Monday's trade. It hit an intraday high of Rs 7325.55 and low of Rs 7165.15, respectively, during the day. The stock quoted a 52-week high price of Rs 7388.05 and low of Rs 3248.0.

Varun Beverages Ltd. traded 0.69 per cent down in Monday's trade at 01:33PM (IST). Around 24,731 shares changed hands on the counter. The scrip opened at Rs 1500.0 and touched an intraday high and low of Rs 1501.15 and Rs 1475.95, respectively, in the session so far. The stock of Varun Beverages Ltd. quoted a 52-week high of Rs 1560.3 and a 52-week low of Rs 754.35.

General Elections 2024: How different poll outcome scenarios will impact equity, forex and bond marketsThe Indian stock market may see some volatility in the near term as the election outcome day draws closer. Market experts suggest picking stocks with strong technical indicators. Based on the recommendations of several experts, here are 10 stocks that may rise 8-16 per cent in the next 3-4 weeks.

Astra Microwave Products zoomed 14.25% in today's early morning trade to record a new lifetime high of ₹914 apiece following the company's announcement of its best performance on both a quarterly and full-year basis in terms of revenue and profitability.For Q4FY24, the company reported a revenue of ₹354 crore as compared to ₹258 crore in Q4FY23, with 76% of the total revenue attributed to India and the remaining 24% to exports. PAT for Q4FY24 stood at ₹54 crore, a 315% YoY increase from ₹13 crore in Q4FY23.

₹250 per share. This decision is detailed in a circular dated May 24, 2024, and marks a strategic move towards improving price discovery in the market.According to some market participants, this measure reflects the intense competition between the NSE and the Bombay Stock Exchange (BSE) for market dominance.

Shares of China Evergrande New Energy Vehicle Group more than doubled on Monday as trade resumed after the company said liquidators had agreed on behalf of key shareholders to sell a stake in the electric vehicle (EV) maker. Shares of embattled developer China Evergrande's EV unit soared as much as 113% to HK$0.81, their highest since September 22, becoming the top gainer on the Hong Kong bourse, and last stood up 79%, following the May 17 trade halt.

Asian counterparts, Indian blue-chip indices hit fresh record highs on Monday, driven by financial and metal stocks. The BSE Sensex hit new lifetime high of 75,679 before trading 206 points or 0.27% higher, at 75,615. Meanwhile, the Nifty50 scaled new peak of 23,043 before trading 58 points or 0.25% higher at 23,015 as of 9:19 AM.

China’s engagement in the global system of commerce was roundly criticized by Group of Seven finance chiefs in a show of unity accompanied by a threat of further escalation. The club of rich-world ministers and central bankers concluded its gathering in the Italian lakeside town of Stresa on Saturday with a communique that cited the world’s second-biggest economy by name and accused the country of hurting the economies of its trade partners. “While reaffirming our interest in a balanced and reciprocal collaboration, we express concerns about China’s comprehensive use of non-market policies and practices that undermines our workers, industries, and economic resilience,” they said. “We will continue to monitor the potential negative impacts of overcapacity and will consider taking steps to ensure a level playing field.”

Even though risk reward is quickly appearing out of favour, a collapse is less likely this week, says Anand James, Chief Market Strategist, Geojit Financial Services. “Downside marker may be placed at 22983, for an aggressive positioning, with further support seen at 22800,” he says. Edited excerpts from a chat: How have Nifty charts changed after recording two back-to-back weekly gains? What are the odds of a correction now in the pre-election week and the monthly expiry? Anand James: About a week to go for the big day. In 2019, Nifty had fallen over 6% from the recent peak as it was about to enter the last week before elections results were announced. And with that fall, VIX which had been steadily rising from 15 would reach a peak of 28.65, before starting to ease in the week before results. In stark contrast, we are already at record peak, with chart patterns continuing to point further north, towards 23200-23350. And, VIX at 22, while not as high as what was prevailing in the similar period of 2019, is at its highest this year. But, what is more striking this time is that volatility has been persistent and VIX has been holding steady in the vicinity of or above 20 for nine days.

Ahead of the June 4 general election outcome, volatility is expected to remain high and India VIX appears to be at a striking distance of 30, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said, advising investors to remain alert and look at investing light. This analyst spells-out strategy in previous week’s major movers viz. Cochin Shipyard, Zomato and Global Health (Medanta) and three more stocks. Here’s what he recommends: Edited excerpts: Market seems to have got its mojo back especially after statements by Indian Prime Minister Modi, Home Minister Amit Shah with the former exuding confidence over rally following a favourable June 4 outcome and the latter suggesting investors to continue buying in the run-up to the D-day. Do you see a connection or see other factors to be supporting the rally? Aamar Deo Singh: Overall, markets appear to have factored in the return of the current dispensation at the centre, and that is reflected in the price moves, cutting across sectors and multi-caps with the benchmark indices gaining almost 2% WoW. Unless there is a major upset, of which the probability is very low, markets would continue to in an uptrend in the long-term.

Sensex eased 7.65 points, or 0.01%, to close at 75,410.39, while the Nifty 50 settled 10.55 points, or 0.05%, lower at 22,957.10.Nifty 50 formed a doji candle on the daily timeframe after a big bull candle on the previous day.“On the Daily chart, Nifty continues to hold above the 20 and 50-day SMA, which is a positive signal. The 14-day RSI at 67.5 is rising and not overbought, which is encouraging.

Read the full story here.)Sensex Today Live : Indian benchmark indices were likely to start on a muted to positive note, driven higher by expectation of a lower consumer inflation reading in the US that could firm up anticipation of an earlier interest rate cut there.The positive bias for the Indian markets was indicated in the Gift Nifty futures, which was trading at 23,034, ahead of Nifty 50's Friday close of 22,957. Not only that, markets in India, along with its Asian peers, looked on a firm footing on Monday morning.Asian shares edged higher on Monday as investors braced for a busy week of data which culminates in a key U.S.

Stock market today: After making fresh highs in early morning trade, the Indian stock market settled flat on Friday last week. The Nifty 50 index settled at 22,957 after climbing to a new peak of 23,026. The BSE Sensex went off 7 points and ended at 75,410, while the Bank Nifty index finished 203 points higher at 48,971.

Oil prices were in a holding pattern in early Asian trading on Monday as markets awaited an OPEC+ meeting on June 2 where producers are expected to discuss maintaining voluntary output cuts for the rest of the year. The Brent crude July contract inched up 11 cents to $82.23 a barrel by 0036 GMT. The more-active August contract LCOc2 rose 13 cents to $81.97.

data which culminates in a key U.S. inflation report that could set the stage for a cut in interest rates there, albeit not for a few months yet. Holidays in the United States and UK made for thin trading ahead of Friday's figures on core personal consumption expenditures (PCE), the Federal Reserve's preferred measure of inflation. Median forecasts are for a rise of 0.3% in April, keeping the annual pace at 2.8%, with risks on the downside.