News Overview

MRF recorded a 7.6% decrease in net profit for the quarter, from ₹410.7 Crore to ₹379.6 Crore, compared to the same period last year.

The Nifty Realty index exhibited a robust performance, surging by 2.76%, while the Nifty PSU Bank index faced a notable setback, dropping by 3.66%.

Top stocks in today's session can be: Godrej Consumer Products, LTIMindtree, Lupin, Gujarat Gas, Route Mobile, and others.

The NFO is available for subscription from May 06 to May 17. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.

Despite positive global cues, the domestic market benchmarks ended on a lackluster note due to ongoing concerns about overvaluation in the absence of new positive catalysts, compounded by mixed Q4 earnings reports.

The collaboration aims to create a structural framework with target-based milestones aligned to business strategy for co-creation of customized GenAI-led solutions.

For the period of April to December 2023, the Chennai-based microfinance firm reported a profit of ₹235 Crore with a revenue of ₹1,283 Crore.

Tata Motors also witnessed its highest-ever grant of 333 patents in the last fiscal, bringing its total to over 850.

Swiggy's IPO is expected to include a mix of fresh issuance of shares worth ₹3,750 Crore and an offer-for-sale (OFS) of shares worth ₹6,664 Crore.

Foreign institutional investors (FIIs) were net sellers of shares worth ₹2,391.98 Crore, while domestic institutional investors (DIIs) infused ₹690.52 Crore on May 3, according to provisional data from the NSE.