News Overview

EBITDA margin rose significantly to 22.8% in the March quarter, compared to 13.3% a year earlier.

Here is a look at the big market driving stocks in terms of returns, resilience and in terms of swing momentum

The notable increase in PAT was driven by higher revenues and exceptional expenses amounting to ₹40 Crore in the last quarter.

Spot gold continued to hold steady at $2,351.39 an ounce, following a 1% increase the prior session. At $2,352.30, gold futures were up 0.8%.

Based on NSE data, bids were received for 93,34,36,374 shares in the IPO whereas 86,29,670 shares were offered.

Here are some of the stocks that may see significant price movement today: LIC, Timken India, Adani Energy Solutions, etc.

The July contract for Brent crude fell 3 cents to $83.07 per barrel. At $82.85, the more active August contract fell 4 cents.

Given the current global and domestic indicators, the Sensex and Nifty are expected to open on a subdued note.

Despite some dovish remarks made by European Central Bank (ECB) policymakers on Monday and statistics indicating that German business morale stagnated in May, the euro was somewhat stronger at $1.0860.

According to The Economist Commodity Price Index, as on 14th May, 2024, industrial commodity prices, on average, are up by 14.6%.