US stock market

Shares of LIC traded at ₹999 on the NSE, up by 0.07 per cent as of 10.25 am on Thursday. Brokerages have been bullish on the stock driven by strong equity and change in product mix. They expect stock to rise at least 20 per cent.

The exit polls indicate that the ruling National Democratic Alliance is likely to come back with a thumping majority.

The Indian stock market witnessed a significant surge today. The BSE Sensex was up by 3.13 per cent, or 2,292.14 points, to 76,244.18, while the NSE Nifty was at 23,221, up by 3.07 per cent, or 690.75 points, at 12.40 pm. This was driven by optimism fueled by exit poll predictions of a victory for the NDA government.

Adani Enterprises’ shares have reclaimed the levels seen in January last year, prior to the damaging allegations levelled by short-seller hedge fund Hindenburg Research against the group triggering a sell-off in group stocks that wiped off billions of dollars of investor wealth.

SEBI has tweaked the dynamic price bands for scrips in the derivatives segment.

Bill Gross, the old bond king, said in a recent interview that letting Trump be re-elected as president would be a more negative choice for the bond market.

Nvidia Corp\’s (NVDA.US) state-of-the-art artificial intelligence chips for the Chinese market are off to a rocky start, with ample supply forcing them to price lower than rival chips from Chinese tech giant Huawei, according to people familiar with the matter.

Gelonghui, May 24 | Human resources software provider Workday (WDAY.US) U.S. stocks fell 12.23% before the market opened, at $229

NSE Nifty50 crossed the 23,000 mark for the first time on Friday morning hitting high of 23004. BSE Sensex was at 75,508 up by 0.12 per cent or 90.39 points.

Jagsonpal Pharmaceuticals Ltd’s shares were up by 4.71 per cent after the company announced the launch of MemUp, a hormone replacement therapy (HRT) featuring a USFDA-approved combination of bioidentical estradiol and bioidentical progesterone in a single daily oral capsule. MemUp aims to address vasomotor symptoms of menopause, such as hot flashes, night sweats, and sleep issues.