Daily Market Minutes Podcast
Listen to daily podcast on Indian market and prepare yourself for the day. You will get the podcast every morning before the market start.
Money Control News
- Dipik Chikhlia campaigns for Arun Govil in Meerut; As the countdown to the Meerut polls ticks away, BJP candidate Arun Govil received a nostalgic boost as he campaigned alongside his onscreen counterpart from the iconic TV series #39;Ramayan#39;.
- The project has a cumulative estimated development potential of 4.10 lakh sq ft carpet, with over ~2.15 lakh square feet available for sale.
- Emmforce Autotech IPO: All categories of investors participated in the issue, buying 7.94 crore equity shares against IPO size of 39.33 lakh shares, subscription data available with the BSE showed.
- Malayalam megastar Mohanlal stole the spotlight at a recent award show with his electrifying dance performances, including grooving to #39;Zinda Banda#39; from the film #39;Jawan#39;. SRK took to social media to share the video, dubbing him the #39;OG Zinda Banda.#39;
- The monthly options data suggested that the Nifty may face hurdle at 22,400-22,500 levels on the higher side, with crucial support at 22,000 level.
- In today#39;s edition of Pro Panorama: Rupee#39;s resilience, economy on a strong footing, how to have a balance in energy mix and more
- Among sectors, healthcare, metal, oil gas and energy were down 0.3-0.8 percent, while FMCG, power, IT, realty and auto were up 0.4-2 percent
EconomicTimes News
- Nifty is facing a lot of resilience around 22,400-500 levels for the past couple of days on an immediate basis. We need to witness a decisive close above 22,400-500 levels for further strength in Nifty or else reversal is likely from this resistance zone, says Tejas Shah
- Hollywood actor Alec Baldwin faces backlash after swatting away an anti-Israel protester's phone in a coffee shop confrontation, captured on video. Tensions escalate at US universities, with police detaining demonstrators supporting Palestine at Yale and NYU. Columbia University suspends in-person classes as protests intensify nationwide. Over 45 protesters arrested at Yale, while police dismantle tents at a New York demonstration.
- Anand Rathi initiates coverage on 6 hospital stocks, recommending 'buy' for Max Healthcare, Rainbow Children’s Medicare, KIMS, and Jupiter Life-Line Hospitals, while suggesting 'hold' for Global Health (MEDANTA) and Narayana Hrudayalaya. They cite India's healthcare market potential, driven by demographic changes and non-communicable diseases, forecasting 15% CAGR to Rs 7.7 lakh crore by FY25.
- Clearly, there are a couple of sectors which are likely to exhibit better earnings growth compared to the market average earnings growth even going forward, that has been the case for financial year 2024.
- Vodafone Idea's retail investor shareholding surged by 55 lakh post FPO. Individual investor stake reached 6.17%. Mutual funds stake dropped to 2.06%. Company updated exchanges on shareholding. Telecom operator successfully raised Rs 18,000 crore.
- JNK India IPO GMP, Price Band: JNK India IPO to open for Rs 650 crore with fresh equity and offer for sale. Reserved quotas. Anand Rathi advises subscription. Market cap post issue, price band set. Proceeds for working capital.
Mint News
- Halving means the rate of issuance is cut in half. Since there can only be 21 million bitcoins
- At 9:49 a.m. ET, the Dow Jones was up 0.40 per cent, the S&P 500 added 0.69 per cent, the Nasdaq rose 0.88 per cent
- Tesla shares have dropped more than 40 per cent year-to-date as Elon Musk's EV giant has struggled with layoffs and product discounts in the last few months
- JNK India IPO opened for subscription on April 23, closing on April 25. The issue was subscribed to 49% on the first day, with significant participation from QIBs. Key risks outlined in the company's Red-Herring Prospectus include market volatility, regulatory changes, and competition.
- Renewable energy stocks have surged significantly in the last year, with some witnessing a 450-500 per cent increase. Government support, strong tailwinds, and ambitious goals for clean energy in India are key factors driving this growth.
- Stock Market today: NSE has announced waving transaction charges for Futures and Options contracts on Nifty Next 50 Index. The F&O trading on Nifty Next 50 Index is to start from April 24, 2024. In order to encourage active participants the transaction charges will not be imposed October 31,2024.
- As RIL's new energy business continues to develop, the primary catalysts for its stock will likely be the consumer-facing businesses
- Varyaa Creations IPO opened on April 22 and closes on April 25 with a price band of ₹150 per share. The company focuses on trading metals and stones while expanding into jewellery production. The IPO subscription status is 1.34 times on day 2.
Why market news are important?
Well, we all know to keep ourselves up to date, we have to gain knowledge from some sources and news are the very important source of information and knowledge.
Those who are indulges in stock market and do trading and investing, they should know what is going on in the stock market. They must be aware of the global market and how the world is doing?, how the local companies are doing? and what happened yesterday?
Remaining up to date in the market will help you better observer and analyst which will help you to make better investor and trader.
Are the news trustworthy?
Should I depend on the Internet news? you may have this question in your mind like how truthful internet news are? Are these even legit?
Well, the short answer is we cannot trust most of the websites as we don’t know what they are writing is true or not. But keep in mind, there are some trustworthy websites on the internet whom we can trust.
Like moneycontrol, etmarket, mint, business standard etc. These websites are well known on the internet and they publish the news after verification only.
What type of news should I read?
You can get any type of news you want like sports, politics, education, money, finance law.
Our moneylok.com displays best and latest news related to Indian stock market and money, if someone interested they can simply visit and ready daily news.
How can I get latest news?
There are many ways to get the latest news.
Many websites offer email facility where you can give them your email and they will sent you daily news details.
other method is you can enable news alert like google news offer alerts and you can enable any type of news alert. e.g if you want to know about news updates on “world cup” you can set the alert for that. These alerts you can receive on your email.