Stock Market Highlights- Market ends at all time high! Nifty above 22,300, Sensex near 73,700; Metal and Banking stocks leads the gain

Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Friday’s trading session in the positive territory. The NSE Nifty 50 gained 344.50 points or 1.62% to settle at 22,338.75, while the BSE Sensex soared 1245.05 points or 1.72% to 73,745.35. The broader indices ended in positive territory, with gain led by mid-cap and large-cap stocks . Bank Nifty index ended higher by 1166 points or 2.53% to settle at 47,286.90. Metal and Banking stocks outperformed among the other sectoral indices while Media and Pharma stocks shed.

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Stocks To Watch- Mphasis, Vodafone Idea, InterGlobe Aviation, IRB Infra, RVNL

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: GIFT Nifty traded up by 53 points or 0.23% at 23,285.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 ended down by 30.95 or 0.13% to settle at 23,259.20 while the BSE Sensex dropped 203.28 points or 0.27% to 76,490.08.

“The Indian market currently lacks fresh catalysts following the formation of the new government at the center, suggesting that some consolidation may occur in the near term. Institutional flows indicate a mixed trend, with FIIs gradually covering their shorts and DIIs booking…

Will Nifty trade above 24,800 ahead of weekly expiry- See GIFT Nifty, FII data, F&O ban, crude, more before market opens

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at things to know before markets open today.

GIFT Nifty traded up by 51.50 points or 0.21% at 24,660 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 ended up by 31.50 points or 0.13% to settle at 24,572.65 while the BSE Sensex dropped 12.16 points or 0.02% to 80,424.68.

“Markets began the week on a muted note and ended nearly flat, taking a breather after Friday’s surge. Following an initial uptick, the Nifty traded within a narrow range and ultimately closed at 24,580 level. Sectoral performance was mixed, with metals, energy, and IT showin…

TCS- What should be your strategy on the stock now- Here is what analysts suggest

In the past session TCS saw a significant block deal where 0.65% shares were offloaded. Reports indicated that the shares were sold by Tata Sons but the buyer remains unidentified. Does the share sale indicate any kid of financial strain in the system? 

Recent media reports revealed a significant block deal at Rs 4,035 per share, with undisclosed buyers. This transaction involved Tata Sons, the promoter entity of TCS, divesting a 0.64% equity stake in the technology behemoth on Tuesday, March 19.

What are analysts making of the situation? Here are some views from leading market voices on the road ahead and stock’s prospects

Zomato shares rise 2.8% after board approves buying Paytm’s ticketing business

Zomato and Paytm Share Price: Shares of Zomato rose 2.8% to an intraday high of Rs 267 from its previous close of Rs 260.03. The surge in stock price came a day after its board acquired Paytm’s entertainment ticketing business. 

The food-delivery company has proposed to acquire the ticketing business for a value of Rs 2,048 crore. However, the ticketing business will continue to run on the Paytm app for a period of 12 months for a smooth transaction, said Zomato in an exchange filing. 

“As part of the transaction, 280 employees will move to Zomato. There is no other major physical infrastructure being acquired,” said the company. 

Three new IPOs, 9 listings scheduled this week; Here is all you need to know

The upcoming week in the primary market is poised for a moment of respite, as no new initial public offerings (IPOs) are slated to debut in the mainboard segment. Instead, investors will witness the launch of only three new public issues available for subscription, following a notably hectic period.

In the previous week, attention was drawn to the opening of two mainboard IPOs: Popular Vehicles & Services and Krystal Integrated Services, with the collective aim of raising ₹901 crores. Concurrently, investors saw the listing of three companies – R K SWAMY, JG Chemical, and Gopal Snacks – adding to the market’s activity.

Key IPOs to watch this week

Enser Communications

Enser Communications IPO commenced its subscr…

As markets scale new highs, here is the list of top sectors that contributed to the rally

The Indian stock market reached to an all time high on Friday, with the Nifty surging to an all-time high of 22,297.50 points, and the BSE Sensex peaking at an impressive 73,427.60. The driving force behind this surge primarily emanated from the exceptional performance of financials and energy stocks.

Although the benchmarks indices are trading lower today, Nifty down by 0.37% and BSE Sensex lower by 0.43% as of 11:12 am. The market experts express confidence in the resilience of domestic equities, even in the face of fading hopes for an early US rate cut.

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Major Record Labels Sue AI Music Generators

The world’s biggest record labels are suing two artificial intelligence startups, taking an aggressive stance to protect their intellectual property against technology that makes it easy for people to generate music based on existing songs.

The Recording Industry Association of America said it filed twin lawsuits Monday against Suno AI and Uncharted Labs Inc., the developer of Udio AI, on behalf of Universal Music Group NV, Warner Music Group Corp. and Sony Music Entertainment. The complaints allege the companies are unlawfully training their AI models on massive amounts of copyrighted sound recordings.

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Problem with the Fed’s Inflation Target

As the year wraps up, several things are clear in an otherwise confusing economic picture: the U.S. economy is slowing, the stock market is surging, most people according to polls believe that inflation remains a severe issue, and the mandarins at the Fed who are responsible for containing inflation are still concerned about inflation. But what is far from clear is whether in its dedication to bringing inflation back to its 2% target the Fed is following a rigid script rather than honoring their overall mandate to ensure economic stability. Or to put it bluntly, in cleaving slavishly to a specific number, is the Fed sacrificing a stable economy on the altar of abstract theory?

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Why Elon Musk’s Very Public Dismissal of a Disabled Employee Could Be Costly

Haraldur “Halli” Thorleifsson spent nine tense days unsure whether his job at Twitter had been terminated before he decided to tweet at owner Elon Musk on Monday, asking for an answer. What ensued was a public spat on the platform, during which Musk questioned Thorleifsson’s work ethic and disability, and accused him of seeking a “big payout.” Within a day, Musk was forced to backtrack and issue an apology to Thorleifsson, as it emerged that terminating his employment could be very costly for Twitter.

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