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Virat Kohli bought 2.66 lakh shares of the company for Rs 2 crore in 2020, while Anushka Sharma invested 50 lakh through a private placement. Currently, Go Digit IPO GMP is Rs 45, slightly lower than the previous week.

Siemens shares soared 8.9% to a new 52-week high of Rs 7,243.60 on BSE following increased target prices by brokerages. The company also approved a scheme to demerge its energy business into a separate listed entity.

ETMarkets mutual fund (MF) analysis identified that more than 15 MF schemes have decreased their investments in five stocks in April.

Ajay Srivastava, CEO of Dimensions Corporate, advises investing in ABB, Siemens, IndiGo, Indian Hotels, and Hero Moto if the market falls 30-40%. These companies, known for their performance and economic ties, are recommended. Furthermore, smaller IT firms linked to the BFSI sector show promise. The defense sector, shipyards, QSR companies, multiplex companies, and consumer companies are currently underperforming.

U.S. producer prices increased more than expected in April as the cost of services and goods rose sharply, leading traders to pare back bets of a first rate cut in September.

Nifty traded in the red on Wednesday breaking its two-session winning momentum in the morning trade led by selling pressure in bank and auto stocks. Around 12 pm today, the 50-stock index was trading at 22,186.25, down by 31.60 points or 0.14%.

Rajiv Batra of JP Morgan discusses the positive macroeconomic indicators in India, including PMI prints, the Sagar Mala initiative for waterways, and upgraded GDP forecasts. He highlights the growth potential in sectors like water transportation and domestic manufacturing. Batra says: "We are much more positioned on domestic cyclicals, domestic demand, which keeps us overweight on still financials, autos and real estate overall."

Overnight data showed U.S. producer prices increased more than expected in April, indicating that inflation remained stubbornly high early in the second quarter.

Shyam Metalics and Energy, incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 16820.49 Crore) operating in Metals - Ferrous sector.

Geojit Financial Services has buy call on Larsen & Toubro Ltd. with a target price of Rs 3806.0. The current market price is Rs 3393.0. Larsen & Toubro Ltd., incorporated in 1946, operates in the Construction sector with key Products/Revenue Segments including Income From Construction Work and Manufacturing. The top management includes Mr.A M Naik and others.