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Sensex fell 45.46 points, or 0.06%, to close at 73,466.39, while the Nifty 50 settled flat at 22,302.50. Nifty 50 formed a small positive candle on the daily chart with minor lower and upper shadows. Also Read: Indian stock market: 6 key things that changed for market overnight - Gift Nifty, rise in US bond yields to oil prices “Technically, this pattern indicates a formation of high wave type candle pattern, Normally, such high wave formation after a reasonable decline indicates chances of an upside bounce.

₹7 lakh from ₹5 lakh earlier to increase its adoption. In value terms, personal income collections after refunds stood at ₹10.44 trillion in 2023-24, growing at 25.23%.

Stock market today: Despite strong global sentiment on growing UK hopes of interest-rate cuts, the Indian stock market remained sideways throughout the Wednesday session. The Nifty 50 index finished flat at 22,302, the BSE Sensex ended 45 points lower at 73,466, whereas the Bank Nifty index corrected 264 points and closed at the 48,021 mark. The India VIX Index finished at 17.08 after climbing to a new 52-week high of 18.32.

global macro conditions rebound over time. However, India will continue to benefit from outsized capital allocation and is expected to reach $80-100 billion in annual deployment over the next five years, Bain & Company partner Prabhav Kashyap told ET. This estimate compares to about $39 billion in 2023, as per a report by Bain & Company called India Private Equity Report 2024. Deal activity had reduced about 35% from $62 billion in 2022.

Delta Air Lines and Southwest Airlines emerged as frontrunners, earning accolades for their commitment to customer experience excellence in the prestigious J.D. Power's North American airlines customer satisfaction survey for 2024. Released on Wednesday, the survey results underscored a noteworthy trend: airlines prioritizing investments in their personnel are reaping the rewards of heightened customer satisfaction, even amid a backdrop of elevated airfares compared to the previous year. This recognition serves as a testament to the pivotal role of dedicated and well-trained staff in shaping the overall travel experience, highlighting the enduring value of quality service in an industry marked by constant evolution and competition.

Remember the days when the price of oil would go up and the loonie would follow suit?

Reasons to buyReasons to avoid The UA43DUE70BKLXL is another top pick from Samsung, offering crystal clear 4K UHD resolution and smart features for streaming. With a slim design and great picture quality, this TV is a fantastic choice for any home. Reasons to buyReasons to avoid Also read: Best Hisense TV for superior viewing experience: Top 7 models to consider The UA43CU8570ULXL is a top-of-the-line 43 inch smart TV from Samsung, offering stunning Ultra HD resolution and smart features for a premium viewing experience.

In the ever-evolving landscape of cryptocurrencies and financial markets, few events generate as much anticipation and excitement as the Bitcoin halving. As this phenomenon approaches, there’s a palpable buzz in the air, with enthusiasts and investors alike speculating about its potential impact on the market. This time around, however, a new player has emerged on the scene, promising to revolutionize the way we predict and understand financial trends: Cogwise.

'Neither against Muslims, nor Islam': PM Modi says ‘Muslim community should….’ The Congress party president Mallikarjun Kharge also slammed Modi over the remarks and said that the prime minister was in jittery after Phase 3 of Lok Sabha elections. "Times are changing. Friends are no longer friends.

Pidilite Industries Ltd expects pain in the near-term. While announcing its March-quarter results, the company’s management cautioned about short-term softness in demand, surprising some analysts. Long-duration elections in the past have led to temporary logistics disruptions, and the present extreme heat conditions across the country could hamper demand, the management said.

Tata Motors were offset by losses in shares of HDFC Bank, ICICI Bank and Hindustan Unilever. Key equity indices traded volatile during the session, reflecting cautious market sentiment ahead of the Lok Sabha election outcome on June 4.

Demat account holders have access to a plethora of educational resources designed to enhance their understanding of investing, trading, and managing their securities portfolio. These resources are typically provided by brokerage firms, depository participants, and financial institutions to empower account holders with the knowledge and skills needed to make informed investment decisions.

India is one of the fastest-growing and largest markets for Prime Video. Outside the US, for the last several years, more people have signed up for Prime in India than anywhere else in the world, Hopkins had said.

AIADMK general secretary Edappadi K Palaniswami on Wednesday said the DMK regime burdening people by borrowing about Rs 3.5 lakh crore is its 'achievement' that marked its 3 years in office and the public would soon prove that it is an «anti-people» government. Slamming Chief Minister M K Stalin for asserting that he has proved through deeds that his party-led government has delivered, Palaniswami accused the DMK government of being an «idle regime» and not useful for the people. Palaniswami, also the leader of opposition, alleged that the DMK government has done no good for the people and did not fulfill assurances that would be beneficial to the people and the Stalin-led regime deceived the people. «Burdening people by borrowing Rs 3.5 lakh crore in about 3 years is the DMK government's achievement,» Palaniswami alleged in a statement.

Siemens Ltd. gained 3.15 per cent to Rs 6289.8 in Wednesday's trade. It hit a high of Rs 6329.0 and low of Rs 6029.15 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 4175.42, while the 50-DMA was at Rs 5246.41. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Tata Consultancy Services, Infosys, Cognizant Technology Solutions Corp, Wipro, HCL Technologies and Tech Mahindra. On an aggregate basis, the net hiring for these companies dropped sequentially by 14,732 in Q4FY24 vis-à-vis declines of 15,891 in Q3 and 11,123 in Q4FY23, according to Kotak.

Q4 results today on May 8: At least 30 companies will announce their financial results for the fourth quarter of FY24 today, Wednesday, May 8. Also Read | Q4 results: L&T, Tata Motors, SBI, TVS Motors among companies to declare earnings this week; check full list here The fourth quarter earnings season for this fiscal year kicked off in the second week of April 2024 and is still underway, with over 260 companies set to declare their Q4 results this week.

United Spirits Ltd. gained 1.31 per cent to Rs 1218.25 in Wednesday's trade as of 10:30AM (IST). It hit a high of Rs 1225.0 and low of Rs 1195.25 during the session. The stock quoted a 52-week high price of Rs 1242.35 and a low of Rs 781.0. The return on equity for the stock stood at 18.93 per cent. About 9,021 shares have changed hands on the counter so far.

US Dollar weak global trends, gold prices on MCX traded on a lacklustre note on Wednesday. Gold futures on MCX rose Rs 34 or 0.05% to Rs 71,182 per 10 grams while MCX July silver contracts gained Rs 111 or 0.13% to Rs 82,989 per kg. Gold and silver prices lost momentum and closed on a negative note on Tuesday.

Dr Pawan Goyal, ED and Chief Business Officer, Naukri.com, says “the salary growth is expected to remain in single digits. This has moderated from the time period of 22 when the great resignation wave was underway. So, 6% to 7%, somewhere in that range is where we expect the salary growth.” We were in fact quite surprised to see the consumer side starting to witness high demand. Talk to us about that to start with from that side. Dr Pawan Goyal: If you look at the overall JobSpeak index, it has been flattish. It is minus three on a year-on-year basis and minus one on month-on-month basis. From a statistical standpoint, I would consider that flattish. Over the consumer sectors that are doing very well, is oil and gas; FMCG; travel, tourism, and hospitality; as well as auto. They have been consistently growing for several months at a time and April numbers are in line with that.

Sensex fell 383 points to settle at 73,511 and Nifty declined 140 points to 22,302. Stocks that were in focus include names like Dabur, which rose 5.11%, Inox Wind, which was down 6.06%, and Zomato, whose shares declined 1.89% on Tuesday.