Enters exclusive club in less than 6 months after surpassing $4 trn mark
Instead of a single-day market cap, the rankings will now be based on the average market cap for six months
Lok Sabha elections: The BSE and the National Stock Exchange will remain closed on Monday, May 20, as a public holiday has been declared in Mumbai for polling
The blue-chip NSE Nifty 50 rose 0.16 per cent to 22,502 points and the S&P BSE Sensex added 0.12 per cent to end at 74,005.94 on Saturday
Traders are pricing in 47 basis points of easing this year from the Fed, with a rate cut in November fully priced in
The revenue increased 37 per cent Y-o-Y to Rs 1,310 crore in Q4FY24 and Ebitda was at Rs 790 crore, up 114 per cent Y-o-Y with the margin increasing sharply to 60 per cent
Gold marched back toward record levels, and crude oil added to gains after rebounding strongly
Company's Q4 revenue was below estimates; its costs to maintain market share have increased
"Even if markets have corrected a bit on account of some rumours, I would suggest you buy as markets are going to shoot up after June 4," said Shah
There are also reports Chinese authorities are laying the groundwork for a sale of 1 trillion yuan ($138.39 billion) in longer-dated bonds to help fund stimulus spending at home
Shares gaining investor interest post robust results, dividend of Rs 90 per share
The second action against SMEs within a week for manipulation, issues caution to retail investors
Volatility index shoots up days after a record low
China stocks also gained, with blue-chip shares 0.14 per cent higher, while Hong Kong's Hang Seng Index rose 1.4 per cent, having touched an eight month high in early trading
The index finished below its 100-day moving average (DMA), seen as a critical support, for the first time since November 13, 2023
The company has cut its margin guidance due to higher share of fixed-price contracts, supply chain issues, and geopolitical uncertainties
"In a move to enhance operational efficiency and reduce the risk to clients' securities, it has been deliberated to make the process of direct payout of securities to the client account mandatory,"
The last time this happened was on March 31, 2017, when Nifty closed at 9,173.75
Over three million accounts added for fifth straight month
Among BSE 500 stocks, Max Financial Services, Eris Lifescience, Ashok Leyland, Jubilant Foodworks and Lloyd Metals saw an increase in promoter pledges