Stock Market LIVE Updates: GIFT Nifty signals a flat to positive start; US markets fall
Gold prices rose to a two-week high on Tuesday as concerns over U.S. President Donald Trump’s tariff plans boosted interest in the safe-haven metal, while investors awaited the upcoming Federal Reserve policy meeting.
Spot gold was up 0.7% at $3,357.63 an ounce, as of 0410 GMT, after hitting its highest level since April 22 earlier in the session.
U.S. gold futures climbed 1.3% to $3,366.10.
The company’s subsidiary, Fortis Hospitals, has received a rectification order under the Income Tax Act, whereby mistakes in a previous tax demand order were corrected, and the tax demand was reduced to Rs Nil. The original demand was Rs 89.53 crore for Assessment Year 2022–23, raised by the Income Tax Department.
The Board has appointed Saurani Pathan Mohasin Khan as the new Chief Financial Officer (CFO), succeeding Saradha Govindarajan, who stepped down from the role to pursue personal interests and commitments.
Rs 2,981-crore Ather Energy IPO got subscribed 1.43 times between April 28 – 30, backed by oversubscription in QIBs and retail investors categories….Read More
Bank of Baroda, Hindustan Petroleum Corporation, One 97 Communications Paytm, Alembic Pharmaceuticals, Godrej Consumer Products, Mahanagar Gas, Piramal Enterprises, Polycab India, Aadhar Housing Finance, Aarti Drugs, Aptus Value Housing Finance India, Avalon Technologies, CG Power and Industrial Solutions, eMudhra, JBM Auto, Kajaria Ceramics, Kansai Nerolac Paints, KEI Industries, Radico Khaitan, and Sundaram-Clayton will release their quarterly earnings on May 6.
The Sensex was down 224.27 points or 0.28 percent at 80,572.57, and the Nifty was down 71.25 points or 0.29 percent at 24,389.90. About 990 shares advanced, 1992 shares declined, and 123 shares unchanged.
| Company | CMP Chg(%) | Today Vol 5D Avg Vol | Vol Chg(%) |
|---|---|---|---|
| CCL Products | 677.85 | 5.25m 122,716.00 |
4,177.00 |
| Diamond Power | 94.00 | 245.52k 6,800.40 |
3,510.00 |
| Jash Engineerin | 537.90 | 595.58k 26,774.00 |
2,124.00 |
| Cigniti Tech | 1,417.90 | 543.50k 41,055.80 |
1,224.00 |
| Tejas Networks | 724.00 | 4.51m 434,697.80 |
936.00 |
| DCM Shriram | 1,102.65 | 1.37m 133,309.40 |
927.00 |
| Paras Defence | 1,390.20 | 649.65k 74,763.60 |
769.00 |
| Tatva Chintan | 776.50 | 365.87k 54,833.40 |
567.00 |
| Lloyds Luxuries | 100.55 | 91.00k 13,800.00 |
559.00 |
| Shakti Pumps | 888.50 | 251.05k 38,630.60 |
550.00 |
Sumitomo Mitsui may acquire up to 51 percent stake in YES Bank, allowing SBI and other rescuing banks from 2020 to begin exiting their stakes….Read More
The USFDA is expected to submit a report within 180 days of the order, reviewing regulations and guidance on development of domestic pharma manufacturing. The Executive Order also proposes steps to eliminate ‘ duplicative or unnecessary requirements’ in regulations….Read More