| Top Gainers | |
|---|---|
| Company | Value |
| ITC | 436.90 2.49% |
| Kotak Mahindra Bank | 1825.10 2.40% |
| Bharti Airtel | 1229.30 2.11% |
| State Bank of India | 779.00 1.94% |
| Asian Paints | 2896.10 1.36% |
| Stock News |
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World markets today: S&P 500, Nasdaq up, Dow Jones down after fresh inflation data.US equities were mixed on Thursday, paring early gains after softer producer prices data eased concerns about high interest rates. European stocks were also mixed after the European Central Bank held its key rate steady. Live Date and Time
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Google-parent Alphabet fast approaches $2 trillion-mark in m-cap on AI-fueled rally after Apple, Microsoft, Nvidia.Shares of Google's parent company Alphabet is heading back toward what would be a record $2 trillion market value — a milestone surpassed only by Microsoft Corp., Apple Inc. and Nvidia Corp. in the United States. It has rallied back from last month’s low, when the shares dropped on concerns that the tech leader was falling behind in artificial intelligence (AI), according to a Bloomberg report. Live Date and Time
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Indian stock market: Gift Nifty indicates gap-down opening on April 12 after US inflation dispels Fed rate cut hopes.The Indian stock market is likely to open lower tomorrow (April 12, 2024) following the release of March inflation data in the US, which exceeded Wall Street expectations. This outcome has diminished hopes for a rate cut by the US Federal Reserve in June. Many analysts anticipate a bearish trend in tomorrow's market due to concerns about global economic uncertainties and volatility stemming from the release of January-March quarter results for fiscal 2023-24 (Q4FY24). Live Date and Time
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Vijay Kedia portfolio: Ace investor books profit in multibagger stock Patel Engineering after 300% rise in one year.Vijay Kedia portfolio: Indian stock market investor Vijay Kedia booked some profit in Patel Engineering in the March quarter of the previous financial year, according to data available with exchanges.According to shareholding pattern data of Patel Engineering for the March quarter of FY24, Kedia Securities Private Limited held 1,20,00,000 shares, or 1.55 per cent stake, in the company. Live Date and Time
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Market marginally overvalued, timing of rate cut pivotal, says Vinod Nair of Geojit.Despite global uncertainties, the stock market has maintained a steady upward trajectory, solidifying its global prominence. Hitting record highs over 20 times just in 2024 YTD (year-to-date), the benchmark Nifty has jumped 4.7 percent in this period.He further pointed out that the timing and extent of future interest rate cuts will play a pivotal role in shaping stock momentum for the remainder of the year. Live Date and Time
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