News Overview

The medication is also approved for treating symptomatic heart failure with systemic left ventricular systolic dysfunction in pediatric patients aged one year and older.

Brent futures had dropped 12 cents, or 0.15%, to trade at $81.74 per barrel, while West Texas Intermediate (WTI) crude for the United States had dropped 17 cents, or 0.22%, to $77.74.

Spot gold was up 0.2% at $2,346.18 an ounce. The price of gold has increased by 0.5% this week. At $2,345.20, gold futures increased 0.1%.

Following downward revisions to consumer spending, the advance estimate of 1.6% was revised down to 1.3% annualised growth for the U.S. economy.

Revenue for the quarter grew by 15% year-on-year to ₹4,944 Crore, compared to ₹4,302 Crore in the corresponding quarter the previous year. 

Shares of Awfis Space Solutions closed at ₹419.1 on the BSE on Listing Day, marking a gain of 9.43% for the IPO investors.

Here are some of the stocks that may see significant price movement today: Muthoot Finance, Bharat Dynamics, Welspun Corp, etc.

On May 30, the bearish sentiment dominated Dalal Street for the fifth consecutive session, coinciding with the May F&O expiry.

The board recommended a dividend of ₹3.60 per equity share for FY24 and approved issuing up to ₹3,000 Crore in debt securities via non-convertible debentures (NCDs) on a private placement basis.

Market breadth was negative, with 993 shares advancing, 2,395 shares declining, and 461 shares remaining unchanged.