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Asian markets mixed after US Fed minutes indicated inflation concerns and limited interest rate cut expectations.

The IPO will remain open until May 26, 2024, at which time the final subscription status will be announced.

WPI inflation for April 2024 showed a strong bounce with prices bouncing across food, fuel, and manufacturing baskets

During their meeting on April 30-May 1, Fed officials expressed their continued belief that pricing pressures will subside, even if they did so gradually.

The bank reached a milestone of ₹1,02,138 Crore in total business for FY24, surpassing the ₹1 lakh Crore mark for the first time.

Operational revenue was ₹11,978.11 Crore, a 2.5% decrease from ₹12,285.6 Crore in the same period previous year.

The Pune-based insurer offered its shares in an initial public offering (IPO) priced between ₹258-272 per share, with a minimum lot size of 55 shares.

Here are some of the stocks that may see movement today: Nykaa, Jubilant Foodworks, Ramco Cements, Grasim Industries, Gland Pharma, Power Grid, etc.

Brent crude futures dropped 27 cents, or 0.3%, to $81.63 a barrel. West Texas Intermediate (WTI) futures for the United States were down 0.5%, or 35 cents, to $77.14.

Spot gold remained steady at $2,377.48 an ounce. On Monday, gold reached a record high of 2,449.89. At $2,378.20, gold futures were down 0.6%.