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HDFC Sky by HDFC Securities: HDFC Sky by HDFC Securities emerges as a premier provider of Demat accounts, renowned for its seamless and hassle-free account opening procedure. Investors can avail themselves of a complimentary trading and Demat account with zero account opening charges and access daily trade recommendations covering technical, fundamental, and trading strategies. With a Share market app at their disposal, investors can trade and invest in over 3500+ listed companies and 100+ ETFs, all at a competitive rate of just ₹20 per order for Intraday and Delivery across Equity, F&O, Currency, and Commodity segments.

ICRA, India's domestic tyre volume growth is expected to moderate to 4-6 per cent in FY2025 from an estimated 6-8 per cent in FY2024 on the back of elevated base and subdued growth in the commercial vehicle (CV) segment. ICRA anticipates domestic demand from original equipment manufacturers (OEMs) in certain consumer segments like passenger vehicles (PV) and two-wheeler as well as replacement to remain healthy, supporting overall tyre volume expansion in FY2025. While revenues would expand by 5-7 per cent in FY2025, high natural rubber prices and increasing crude prices are likely to moderate the tyre industry’s margins by 200-300 basis points (bps) in FY2025.

Suncor Energy Inc. says it will be banking on its trading platform to remove middlemen and directly negotiate with new customers to get a “unique” advantage once it starts shipping to additional regions through Canada’s now-operational Trans Mountain pipeline expansion.

Shares of Bandhan Bank Ltd.(up 1.39 per cent), State Bank of India(up 1.12 per cent), Au Small Finance Bank Ltd.(up 0.5 per cent) and Bank of Baroda(up 0.06 per cent) ended the day as top gainers in the pack.

Shares of TVS Motor Company Ltd.(up 3.36 per cent), Hero MotoCorp Ltd.(up 3.28 per cent), Tata Motors Ltd.(up 1.8 per cent), Tata Motors Ltd.(up 1.71 per cent) and Mahindra & Mahindra Ltd.(up 1.39 per cent) ended the day as top gainers in the pack.

Jewellers are expecting Akshaya Tritiya sales to pick up as the prices of gold have softened a bit from Rs 73,000 per 10 gm level and are currently hovering around Rs 71,650 per 10 gm. Demand for everyday wear diamond jewellery as well as solitaires is also set to pick up, the trade expects.

BEFE is creating a strong buzz in the crypto-sphere due to its robust community, unique value proposition, and potential for riding the post-Bitcoin-halving wave. Here’s why BEFE is the next meme coin on the rise:

As Bitcoin price predictions become increasingly cautious, the cryptocurrency continues to face substantial headwinds. Recently trading around $61,540, Bitcoin dipped to an intra-day low of $60,910, influenced by escalating regulatory scrutiny in the U.S. and a hawkish Federal Reserve stance on interest rates.

India's startup ecosystem is flourishing, positioning itself as one of the most vibrant and attractive markets for investors. This surge highlights the country's entrepreneurial spirit, innovative capabilities, and steadfast resolve. Indian startups encompass a wide range of sectors such as technology, healthcare, and green energy, showcasing the nation's adaptability to global trends and its ability to establish a distinctive place in the world of entrepreneurship.

Muthoot Finance, and Manappuram Finance - were trading under pressure on Thursday after the Reserve Bank of India (RBI) sent the companies an advisory concerning cash disbursal of loans. The RBI has instructed Non-Banking Financial Companies (NBFCs) to strictly follow the provisions of the Income Tax Act regarding cash disbursement of loans. Specifically, NBFCs are not allowed to disburse loan amounts exceeding ₹20,000 in cash.

IPO) of Jamnagar-based Winsol Engineering has received bumper response from investors with an overall subscription of 460 times on the last day of the bidding process. The issue received bids for over 100 crore shares as against just 22 lakh shares on offer.

NEW DELHI : If the makers of The Sabarmati Report, Jahangir National University, and Hum Do Hamare Baarah were hoping to ride the pre-election fervour, they were in for a disappointment. Not because of the boxoffice failures that have befallen other recent so-called nationalist movies, but because of delays by the censor board.

Asian Paints Q4 Results: Asian Paints announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Thursday, May 9, reporting a rise of 1.3 per cent in its net profit at ₹1,275 crore, compared to ₹1,258.4 crore in the corresponding period last year. The revenue from operations in the fourth quarter of FY24 dropped marginally by 0.6 per cent to ₹8,730.8 crore compared to ₹8,787.3 crore in the year ago period.

₹41.57 in December 2023 to currently trade at its record high of ₹184.85. Meanwhile, it has soared over 609 percent in the last one year. This recent surge has also led to the stock soaring 738 percent from its 52-week low of ₹22.06, hit on June 26, 2023.

Also Read: Why is Indian stock market falling for five straight sessions? Amid this backdrop, the Nifty PSU Bank index saw a significant decline of 6.30% in a week, falling from 7,600 points to the current trading level of 7,108 points. Notably, stocks like Punjab National Bank and Canara Bank experienced the most substantial fall during this period, losing 12% and 11.4% of their value, respectively.

Akshaya Tritiya approaches, several devotees buy gold on the occasion. Also recognized as Akti or Akha Teej in certain regions, Akshaya Tritiya holds significance for Hindu households worldwide. It symbolizes new beginnings and the welcoming of prosperity into one's life and household. The price of gold recently surged to record levels, with 24 karat gold surpassing the Rs 75,000 mark per 10 grams. Several factors contribute to the final amount a buyer must pay for a piece of gold jewelry, including the prevailing gold price, manufacturing charges, and the expenses associated with any diamonds or other gemstones incorporated into the piece. Given India's enduring tradition of buying gold during auspicious occasions like Akshaya Tritiya, it's crucial for individuals to conduct thorough research before making a purchase and understand how the price is determined for the precious metal.

Indian headline indices plunged on Thursday amid broad-based selling pressure. The S&P BSE Sensex tanked 840 points to the day's low of 72,624.14, while the broader Nifty50 shed 240 points to hit the day's low of 22,030.95. Q4 earnings and election uncertainty have dented the Street sentiment. The volatility index India VIX also spiked 5% to 17.85 levels.

Yemen's Houthi rebels on Thursday claimed two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage, while also saying they targeted a ship in the Indian Ocean in a previously unreported assault. The claims by Brig. Gen. Yahya Saree come as the tempo of the rebel attacks have waned in recent weeks as they've been targeted by repeated airstrikes launched by a U.S.-led coalition warship in waterways crucial to international trade. The Houthis insist their assaults will continue as long as Israel's war on Hamas in the Gaza Strip goes on. Saree in a prerecorded statement claimed attacks on the MSC Diego and MSC Gina. The Joint Maritime Information Center, a U.S.-led coalition of nations operating in the Mideast, said those two missile attacks happened early Tuesday.

United Spirits Ltd. dropped 2.62 per cent to Rs 1204.6 at 01:43PM (IST) in Thursday's trade. The stock hit a high of Rs 1244.95 and low of Rs 1200.05 so far during the session. The stock had closed at Rs 1237.05 in the previous session. The counter had a total traded volume of 01:43PM shares so far with a turnover of Rs 1.68 crore on BSE. The stock traded at a price-to-earnings multiple of 68.31 and a price-to-book ratio of 9.17.

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Popular trading platform Robinhood has experienced a substantial increase in crypto trading volumes during the first quarter, with a surge of 224% to reach $36 billion.