News Overview

With a 29.54% ownership holding in Hindustan Zinc, the government is the company's largest minority shareholder.

Brent crude oil futures had dropped 21 cents, or 0.3%, to $82.95 per barrel. At $78.25 a barrel, U.S. West Texas Intermediate crude futures dropped 13 cents, or 0.2%.

Check out the price of Petrol and Diesel in your city today.

Based on CME's FedWatch Tool, markets are presently pricing in a 65% possibility of a U.S. rate cut in September.

The US dollar remained stable at 105.41 against a basket of currencies, a considerable distance from its one-month low that it reached last week.

Despite a modest topline, the JSW Group company reported a consolidated net profit of ₹345.3 Crore for the March FY24 quarter.

Both indices closed lower on May 7th due to selling pressure across sectors and disappointing Q4 earnings.

TBO Tek aims to raise ₹1,550.81 Crore through its IPO, priced at the upper end of the price band of ₹875-920 per share.

The company's ₹3,000-Crore initial share sale is scheduled to debut on Dalal Street on May 8, with the closing date set for May 10.

Indian benchmark indices Sensex and Nifty 50 closed lower on Tuesday, extending their losing streak to the second day.