Updates Financial News

EICHER MOTORS, CANARA BANK, INDIGO, and M&M remain bullish, presenting buying opportunities amidst any corrective declines."--Prashanth Tapse, Senior VP (Research), Mehta EquitiesShare Market Today Live : Axis bank, TaMo, Gland Pharma, Prestige Group, Dilip Buildcon, Lupin, are a few stocks likely to be in focus on Tuesday, April 9.Share Market Today Live : The Sensex and Nifty 50, India's stock market indices, are projected to open on a high note on Tuesday, building on the gains from Monday's rally. The Gift Nifty trends also suggest a positive start for the Indian benchmark index, trading around the 22,845 level, which is over 95 points premium from the previous close of Nifty futures.On Monday, the domestic equity market concluded on a strong note, with the benchmark indices reaching new record highs.

Indian stock market today: A total of three stocks have been banned for trade on Tuesday, April 09, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

Wells Fargo Advisors continues to tinker with its compensation plan for advisors, this time focusing on a series of changes to its fee on advisory programs that could add to or subtract from financial advisors’ pay.

₹400 trillion in a historic milestone on Monday, with the last ₹100 trillion rolling in the shortest duration of a mere 9 months, as the country's bright macroeconomic fundamentals encouraged local and foreign investors to plough more money into equities. The 30-share BSE Sensex jumped 494.28 points, or 0.67%, to settle at 74,742.50. During the day, it climbed 621.08 points, or 0.83%, to reach a new intra-day record high of 74,869.30.

Gaza, as Israel pulled all of its ground troops out of southern Gaza. Israel's army cited “tactical reasons", for their sudden withdrawal. The move, however, has raised questions about the future direction of the war.

Assam chief minister Himanta Biswa Sarma said that till now in Assam only one person has applied for Indian citizenship under the Citizenship Amendment Act (CAA). Union Home minister Amit Shah will hold a roadshow in Tinsukia on Tuesday. Sarma while talking to a media person on Monday said, “Till now only one person has applied and that too from Barak valley.”

Eid-ul-Fitr 2024 moon sighting LIVE: Eid al-Fitr 2024 is expected to be observed on April 10 or 11 in India. However, it totally depends on the Shawwal crescent moon sighting.

Lexus Granito(India)Ltd.(up 3.70%), NMDC Ltd.(up 2.85%), Oriental Trimex Ltd.(up 2.54%), KIOCL Ltd.(up 2.19%), Sandur Manganese & Iron Ores Ltd.(up 0.80%), MOIL Ltd.(up 0.15%) and Coal India Ltd.(up 0.11%) stood among the top gainers.

Magadh Sugar & Energy Ltd.(up 1.25%), Triveni Engineering & Industries Ltd.(up 0.64%) and Dalmia Bharat Sugar and Industries Ltd.(up 0.18%) stood among the top gainers.

Nakoda Group Of Industries Ltd.(up 8.60%), Sheetal Cool Products Ltd.(up 3.04%), Godrej Consumer Products Ltd.(up 2.99%), Parag Milk Foods Ltd.(up 2.35%), Tata Consumer Products Ltd.(up 1.96%), Marico Ltd.(up 1.87%), LT Foods Ltd.(up 1.82%), Emami Ltd.(up 1.76%), Adani Wilmar Ltd.(up 1.20%) and Britannia Industries Ltd.(up 0.29%) stood among the top gainers.

Shares of IDFC First Bank Ltd.(up 2.3 per cent), Axis Bank Ltd.(up 1.61 per cent), IndusInd Bank Ltd.(up 1.03 per cent), State Bank of India(up 0.47 per cent) and ICICI Bank Ltd.(up 0.35 per cent) ended the day as top gainers in the pack.

CSK vs KKR, IPL 2024 Live Score Updates: Shreyas Iyer-led unbeaten Kolkata Knight Riders are all set to face defending champions Chennai Super Kings in the ongoing Indian Premier League 2024 at MA Chidambaram Stadium in Chennai on 8 April.In the IPL 2024, Ruturaj Gaikwad's CSK played 4 matches so far and won 2 of those. They won their first 2 matches, against Gujarat Titans (GT) and Royal Challengers Bengaluru (RCB), but lost the other two back to back, against Delhi Capitals (DC) and Sunrisers Hyderabad (SRH).On the contrary, KKK have won all three matches they have played so far.Chennai and Kolkata have played 29 IPL matches so far.

Google App on Android, set to introduce the Gemini toggle to all Android smartphone users. The news of this upcoming feature was brought to light by AsembleDebug in collaboration with PiunikaWeb (via India Today). According to reports, the under-development Gemini toggle for the Google Android app promises fluid animations for seamless transitions between standard search and the Gemini service, thereby enhancing the overall user experience.

Also read | Total Solar Eclipse 2024 Live Updates: When, where and how to watch Surya Grahan in India today "As part of the ritual, I have come to take a holy dip in the River Ganga. I have performed rituals, offered donations and prayed for peace of our ancestors," Seema Rai, a devotee, was quoted as saying by ANI.

₹400 lakh crore for the first time during today's trading session. This achievement comes amid a sustained rally in the large, mid and small-cap stocks, extending for the third consecutive session, with heavyweight stocks playing a major role in driving the surge. The market sentiment has been bolstered by positive financial updates from numerous companies, setting an optimistic tone ahead of the upcoming earnings season.

₹5,791 and touched an intraday high of ₹6,189 on the BSE. In a regulatory filing, Info Edge reported a 10.5% rise in standalone billings for the fourth quarter that concluded on March 31, 2024, totaling ₹826.9 crore.

Sandip Sabharwal, asksandipsabharwal.com, says “the IT outsourcing industry is facing challenges in terms of demand but this could incrementally be positive in my view. I do not think this is incrementally negative. Most analysts are giving a sell on Wipro today; I am not so sure about that. This is something to be tracked.” Sabharwal further says that “it seems very clear that the main reason for Chandra Shekhar Ghosh resigning as CEO & MD of Bandhan Bank could be some reservation from the regulator, although we are not privy to that. Otherwise, when the board had approved his extension, there was no reason for him to step down.” Maybe we can start off with your take as to what is going on with respect to Wipro? There has always been a lot of uncertainty with respect to the top position at Wipro. Do you think that even with the new CEO, the improvement is going to be gradual? How do you expect the stock to react? Sandip Sabharwal: It will be a gradual process.

Godrej Properties Ltd.(up 6.7 per cent), Macrotech Developers Ltd.(up 2.96 per cent), Phoenix Mills Ltd.(up 2.68 per cent), DLF Ltd.(up 1.74 per cent) and Mahindra Lifespace Developers Ltd.(up 1.73 per cent) were among the top gainers.

Gland Pharma Ltd.(up 4.74 per cent), Glenmark Pharmaceuticals Ltd.(up 2.42 per cent), Torrent Pharmaceuticals Ltd.(up 1.57 per cent), GlaxoSmithKline Pharmaceuticals Ltd.(up 1.32 per cent) and Cipla Ltd.(up 1.08 per cent) were among the top gainers.

Lexus Granito(India)Ltd.(up 4.18%), Oriental Trimex Ltd.(up 2.04%), KIOCL Ltd.(up 2.03%), Sandur Manganese & Iron Ores Ltd.(up 1.26%), NMDC Ltd.(up 0.58%), 20 Microns Ltd.(up 0.36%) and Coal India Ltd.(up 0.11%) were among the top gainers.

Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 0.68%) were among the top gainers.