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Also Read: Stock market today: Sensex, Nifty 50 jump 1% each; mid, smallcaps hit record highs; investors earn about ₹3 lakh crore The positive US tech quarter profits and the decline in the US 10-year yield helped the Indian benchmark indices to recover, according to Vinod Nair, Head of Research at Geojit Financial Services. Due in large part to its impressive fourth-quarter performance, the Bank Nifty excelled domestically. It is anticipated that consistent profits along with a reduction in Middle East tensions would keep the market optimistic.

Sensex surged 941.12 points, or 1.28%, to close at 74,671.28, while the Nifty 50 settled 223.45 points, or 1%, higher at 22,643.40. Nifty 50 formed a long bull candle on the daily chart, beside the long negative candle of Friday. Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, rally in Tesla shares to China PMI “Technically, this pattern indicates a counterattack of bulls and a negation of previous bearish pattern of dark cloud cover of Friday.

Q4 results today: A total of 56 companies will announce their financial results for the fourth quarter of FY24 today, April 30. Also Read | Q4 results this week: 211 companies to declare earnings this week Anticipated forthcoming announcements are expected to cover various industries, shedding light on the broader economic landscape.

A data analysis shows Indonesia had a 27% increase in primary forest loss in 2023

State Street has released its third annual private markets survey, highlighting that despite macroeconomic challenges, institutional investors are poised to increase their stakes in private markets significantly over the coming years.

beauty is not a joy forever. Cellular degradation — a.k.a. age — is something the poet didn't really factor in, possibly because he died at 25.

Indian economy's recent performance has been strong, with promising signs for the future, according to the National Council of Applied Economic Research (NCAER). In its April 2024 Monthly Economic Review (MER), the NCAER highlighted several key indicators showing the economy's resilience. The Purchasing Managers' Index (PMI) for manufacturing, for example, reached a 16-year high, indicating robust growth. Additionally, the Unified Payments Interface (UPI), a leading digital payments system, recorded its highest volume of transactions since its inception in 2016. Goods and Services Tax (GST) collections also saw a significant increase, reaching Rs 1.8 lakh crore in March, the second-highest since its introduction in 2017. Similarly, UPI transactions in March 2024 totaled 13.4 billion, marking a substantial 55.3% year-on-year growth. The NCAER report also highlighted positive global economic forecasts by the International Monetary Fund (IMF) and the World Trade Organization (WTO), which are expected to benefit the Indian economy in the current year.

criminal cases against themselves, the ADR said in a new report. Seven candidates have also declared prior convictions, according to an analysis of details of candidates contesting the elections in the third phase by the Association for Democratic Reforms (ADR) and The National Election Watch. The third phase of the elections will be held on May 7. Among the 244 candidates with criminal records, five face charges related to murder while 24 have been booked in cases of attempted murder.

Bharat Forge Ltd. slipped 2.62 per cent to Rs 1276.0 in Monday's trade. It hit a high of Rs 1316.8 and low of Rs 1273.75 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1108.12, while the 50-DMA was at Rs 1160.66. 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.

hiring climate seems to be improving in oil & gas, some segments of information technology and for senior managers. Naukri’s JobSpeak Index for March, a measure of white collar hiring, showed hiring in oil & gas rising 22% over the previous year. Hiring demand for professionals with 16 or more years of experience was up 11% on a year-on-year (YoY) basis. Demand for AI and machine learning roles grew by 12% over March 2023, the report said.

Avenue Supermarts Ltd. slipped 1.77 per cent to Rs 4474.2 in Monday's trade. It hit a high of Rs 4560.0 and low of Rs 4450.0 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 3889.41, while the 50-DMA was at Rs 4217.23. 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.

PI Industries Ltd. traded 1.04 per cent up at Rs 3814.35 at around 10:25AM (IST) on Monday. The stock had closed at Rs 3774.75 in the previous session. Equity benchmark Sensex traded 482.68 points higher at 74212.84 around the same time.

₹475 mark on January 4, 2024, ITC experienced a significant decline of approximately 75 points, or 16 per cent. However, in the subsequent 18 trading sessions, ITC showed stability by avoiding further declines and consolidating within a range of ₹400-416. In the previous trading session, notable buying interest was observed at lower levels, accompanied by substantial trading volume.

Bharatiya Janata Party (BJP) perform in these states under Congress's rule? And what happens if the BJP wins in these three states? The answer may (or may not) lie in the performances in previous elections. It is a well-known fact that the results of Lok Sabha polls is not always on the lines of the state assembly polls. Simply put, if one party wins the assembly polls, it doesn't guarantee that the same party will also win the parliamentary polls.

Dry promotion: 'New title, no raise' appraisal trend leaves employees in a pickle According to a study done by audit and consulting firm Deloitte India, the average pay hike across Indian companies is estimated to slip to 9.1% this year from 9.4% last year, with the IT sector facing spending cuts by clients seeing the worst hikes in a decade. Some profiles are expected to get better hikes given their demand. "Over the past few years, many sectors have seen a trend towards more substantial increments for tech and digital roles, while traditional roles may see steadier, moderate increases.

"When sorrows come, they come not single spies, but in battalions." —William Shakespeare, Hamlet The higher the climb, the harrowing the descent. If there is one sector which is experiencing this truism, it is information technology. From the heady days of the pandemic-triggered digital boom, to the current slowdown due to growth headwinds in the West, the country’s $250-billion IT sector has traversed a full cycle over the past few quarters.

Indian stock market: The Nifty remained under selling pressure throughout the session as the index failed to sustain above the crucial level of 22500. On the daily chart, a dark cloud cover pattern is observed, indicating a potential bearish reversal. Immediate support is situated at 22300, below which the Nifty could extend its losses towards 22000.

tur and urad are rising. The impact of yellow pea imports must be reflected in chana prices but that has not been the case. The market and the price trend indicate supply tightness of chana, resulting in lower procurement by Nafed and higher purchase by private agencies.

equity indices experienced a decline on Friday, primarily due to weakness in the financial sector. However, these losses did not overshadow the weekly gains, which were fueled by a post-results rally in key index constituents and reduced concerns regarding the Middle East. The NSE Nifty 50 was down 0.67% to 22,420, on the day, while the S&P BSE Sensex shed 0.82% to 73,730. Both the indexes snapped a five-day winning streak. However, for the week, the Nifty 50 and Sensex gained about 1.25% and 1%, respectively.

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market valuation of six of the top-10 most valued firms increased Rs 1,30,734.57 crore last week, with State Bank of India and ICICI Bank emerging as the biggest gainers in line with an overall positive trend in equities. Last week, the BSE benchmark advanced 641.83 points or 0.87 per cent.