Latest Stock Market News

U.S. stock indexes opened flat to lower, with the benchmark S&P 500 retreating from record highs as investors awaited fresh economic data and comments from Federal Reserve officials throughout the week for more clarity on monetary policy.

Gold prices fell on Monday as the U.S. dollar held firm, while investors looked forward to economic data and comments from Federal Reserve officials for clarity on the rate cut timeline.

Indian markets closed higher with S&P BSE Sensex rising over 180 points and Nifty50 closing above 23,400 levels. Buying was observed in auto, telecom, consumer durable, and capital goods stocks. Stocks like JK Paper, Endurance Technologies, and KEC International showed significant movements, with JK Paper hitting a record high and KEC International breaking out of a rising parallel channel.

The public issue is mainly aimed at giving exit to private equity (PE) investor Creador, the people told ET. A small share of the IPO proceeds will also be used for funding hospital network expansion, the people said, adding the IPO may value Paras at Rs 4000 -4,500 crore.

​​A carefully determined asset allocation can be used to construct a portfolio across asset classes and rebalance the portfolio from time to time. Exchange traded funds (ETF) can come in handy for this purpose.

Mumbai (Maharashtra) [India], Falcon Technoprojects India Limited, has announced its plan to go public with an Initial Public Offering (IPO) on June 19, 2024. The company is aiming to raise Rs 13.69 Crore at the price of Rs 92 per share through this IPO, with shares set to be listed on the NSE Emerge platform.

​Six penny stocks with the latest volume of over 5 lakh and a market cap below Rs 1000 crore have turned into multibaggers​

Copper prices fell on Monday due to weaker-than-expected industrial output in China and a stronger U.S. dollar. Three-month copper on the London Metal Exchange dropped 1.1% to $9,637 per metric ton, while the most-traded July copper contract on the Shanghai Futures Exchange slid 2% to 78,110 yuan.

The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock​