The updated Saa₹thi app comes with an user-friendly interface. Its comprehensive tools are aimed at simplifying complex financial concepts. It has financial calculators, modules that introduce and explain KYC procedures, mutual funds, ETFs, buying and selling shares on stock exchanges, investor grievances redressal mechanism, and the Online Dispute Resolution platform

Multiple stocks listed on the NYSE such as Berkshire Hathaway, Chipotle Mexican Grill and Barrick Gold were halted for volatility.

GameStop shares surged more than 70% premarket on Monday after "Roaring Kitty" Keith Gill, the stocks influencer behind the 2021 retail trading frenzy, returned to Reddit with a post showing a $116 million bet on the embattled videogame retailer.

After the exit polls predicted the return of the Modi government for the third straight term, benchmark Sensex and Nifty zoomed over 3% on Monday, recording their biggest single-day gain in three years and closing at lifetime highs. The 30-share BSE Sensex soared 2,507 points or 3.39% to settle at a new closing peak of 76,468.78 points. The NSE Nifty climbed 733 points or 3.25% to finish at 23,263.90. The shares were led by financials, index heavyweight Reliance Industries and energy stocks."On the daily charts, we can observe that Nifty has broken above the previous swing high of 23,110 to suggest the start of a next leg of up move which can extend till 23,500 - 23,740 from a short-term perspective. The psychological level of 23,000 shall act as a key support from a short term perspective," said Jatin Gedia of Sharekhan.Here are 5 stock recommendations for Tuesday:

The Dow Jones Industrial Average rose 23.67 points, or 0.06%, at the open, to 38,709.99.

Sensex and Nifty skyrocketed remarkably on June 3rd after exit polls projected a third term for PM's Modi govt. Sensex even shot up as much as 2600 pts at the time of opening. Here’s a look at the top highlights.

The government has a capex plan of Rs 11.1 lakh crore for the current fiscal year compared with Rs 9.5 lakh crore in the previous year. Of this, Rs 2.5 lakh crore is allocated for railways and Rs 2.7 lakh crore for roads and highways.

Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on security from extreme bearishness to bullishness. In Monday's trading session, five stocks saw top short covering. Here's the list:

​"A meeting of the Board of Directors is scheduled to be held on June 6 to consider raising of funds by way of issuance of equity shares and/or any other eligible securities through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods," the company said in a filing.

Nifty surged 733 points; analysts foresee a potential crossing of 24,000 if election results favor. Bulls dominate the market, eyeing 23,500 resistance. India VIX down 15%, predicting Modi's re-election.

A businessman named Rajat Bothra from Noida was duped of over Rs 9 crore by cyber thugs after joining a stock market trading group. Social media, especially WhatsApp, has become a breeding ground for scams.

Sensex and Nifty skyrocketed remarkably on June 3rd after exit polls projected a third term for PM's Modi govt. Sensex even shot up as much as 2600 pts at the time of opening. Here’s a look at the top highlights.

The 30-share BSE benchmark Sensex advanced 2,507 points or 3.4% to settle at 76,469. The broader NSE Nifty gained 733 points or 3.25% to end at 23,264. All major sectors advanced. Financials climbed 4% to a record high, while public sector banks surged 8.4%. Nifty Oil & Gas also gained about 6.8%, while Nifty Realty surged nearly 6%.

Following a sharp rally in Indian stocks, the total assets under management of state-owned insurance giant LIC have crossed the Rs 50 lakh crore mark, nearly doubling the size of Pakistan's GDP. According to the latest data, Life Insurance Corporation of India's AUM has advanced by 16.48% YoY to Rs 51,21,887 crore, which translates to $616 billion as of March-end. The same was Rs 43,97,205 crore at the end of FY23. According to the IMF, Pakistan's GDP is only about $338.24 billion. At $616 billion, LIC's mountain of money is now nearly double that of Pakistan's economy. The size of the PSU's insurance fund is also bigger than the combined GDPs of 3 neighbours - Pakistan at $338 billion, Nepal at around $44 billion, and Sri Lanka at $75 billion.

India VIX plunges 22% as exit polls hint at NDA's strong win, boosting market optimism. Analysts anticipate a sustained rally with reduced volatility post-election outcome. Nifty and Sensex hit record highs, signalling bullish sentiment.

Now that the exit polls predict a thumping win for the Prime Minister Narendra Modi-led National Democratic Alliance (NDA), IIFL Securities has identified five new stocks which it said are its election recommendations.

A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Monday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:

With exit polls predicting the landslide victory for Prime Minister Narendra Modi-led NDA alliance, brokerage firm Motilal Oswal has identified 8 stocks that can benefit from the government's focus on manufacturing, capex, and infrastructure creation. These ideas are for 3-6 months and with potential upside of up to 20%.

The 8.2% FY24 GDP growth reflects a modest deceleration from 3QFY24 at 8.6%. Real gross value added growth slowed considerably in 4QFY24 to 6.3% from 8.3% in 1QFY24.

​ Some large Indian brokerage firms have asked clients to furnish higher margins against trades this week to limit the risk of default ahead of the results of India's national elections, due on Tuesday.

Among the top gainers from the pack, Titagarh Rail Systems also hit a 52-week high with RVNL, IRFC, and Jupiter Wagons. Global brokerage CLSA said a favourable BJP outcome would raise investor confidence in India’s economic growth. This could encourage investors to play this growth beyond Modi stocks, which are direct policy plays.

Compared to pre-Hindenburg levels, the stock of Adani Power has soared nearly 220%, while Adani Ports has more than doubled in value. ACC, Adani Enterprises, Adani Green Energy, and Ambuja Cements are also trading above pre-Hindenburg levels.

India VIX plunges 22% as exit polls hint at NDA's strong win, boosting market optimism. Analysts anticipate a sustained rally with reduced volatility post-election outcome. Nifty and Sensex hit record highs, signalling bullish sentiment.

The benchmark index Sensex jumped 3.76% to exceed the 76,000 mark intraday, hitting an all-time high on Monday. This surge was driven by exit polls predicting Prime Minister Narendra Modi will secure a strong mandate for a third term. Investors are optimistic that Modi's government will continue to strengthen infrastructure and manufacturing, supporting ongoing economic growth. ETMarkets highlighted five past instances where the index's intraday percentage gains were close to, but still lower than, today's significant rally. Historically, the Sensex has experienced an intraday rally of over 3.75% approximately 60 times.

SBI's market cap surpasses Rs 8 lakh crore as stock surges 10% to hit a 52-week high on exit poll optimism for Modi government's return. PSU bank stocks also soar, fueled by anticipation of government-driven growth.

Shriram Finance Limited raised USD 468 million in multi-currency for business growth through a social loan structured by leading banks, marking the largest syndicated transaction by a private NBFC.

Corporate India saw double-digit growth in net profit and single-digit revenue increase in the March 2024 quarter. Expectations are for healthy growth in the current fiscal year due to peaking interest rates and government policy continuity.

Investors are capitalizing on the "Aayega To Modi" (ATM) strategy, as optimism surges with predictions of Prime Minister Modi's return. Bullish sentiment prevails, backed by favorable fundamentals and technicals, signaling potential gains across various sectors, particularly in infrastructure and manufacturing.

IMD predicts above-normal monsoon in 2024, impacting agriculture and market sectors positively. Companies like Dabur India and PI Industries could see significant growth. Expert insights from Motilal Oswal Financial Services highlight investment opportunities in the pharma sector.

The Nifty Bank surpassed 50,000 for the first time, driven by Modi's projected third-term win. SBI, Axis Bank, and IndusInd Bank led the surge, with Bank of Baroda rising 9%. Investors added Rs 12 lakh crore as Sensex soared 2,600 points.

Driven by significant short-covering by Foreign Institutional Investors (FIIs), the Nifty surged approximately 3%, while the Sensex soared by a staggering 2,778 points on Monday morning, following the unexpected exit poll projections of a landslide victory for the NDA. The "Aayega To Modi" slogan became an investing strategy as traders enthusiastically bought Prime Minister Narendra Modi's favored Public Sector Undertakings (PSUs) in entirety.

India's second-largest broking platform Zerodha website displayed the error message ‘503 Service Unavailable. No server is available to handle the request.’ Traders on X (formerly Twitter) reported that the trading platform was not functioning even before trading commenced on Monday.

Indian benchmark equity indices Nifty 50 and BSE Sensex hit record highs as exit polls predict a third term for PM Modi, boosting investor optimism for infrastructure and manufacturing investments.

Equity markets have been marred by volatility throughout the past week with Nifty and Sensex correcting around 2%. In the upcoming week, all roads will lead to a big election verdict on June 4 and the market direction in the near term will be dictated by how many seats the Modi government will likely secure. In this setup, here are 7 stocks that you can consider buying for robust returns in short term.

PSU bank stocks rallied on the BSE after exit polls favoured the BJP-led NDA in the upcoming Lok Sabha election, with significant gains for Bank of Baroda, Indian Overseas Bank, SBI, Canara Bank, and Indian Bank.

The footwear stock hit a 52-week high of Rs 1,770 on August 7, 2023, but failed to hold on to the momentum. The stock witnessed a steep decline that took it below the crucial short- and long-term moving averages. Short to medium-term traders with high-risk profiles can look to buy the stock for a target of Rs 1,550 in the next 1-2 months, suggest experts.

Indian benchmark equity indices Nifty 50 surged past 23,000 and BSE Sensex crossed the 76,000 mark as they opened at a record high on Monday, buoyed by exit polls predicting a third term with a sizable mandate for Prime Minister Narendra Modi. Investors are optimistic that Modi's administration will continue to invest in infrastructure and manufacturing to sustain economic growth.

Top brokerage firms like Macquarie maintained an outperform rating on Aurobindo Pharma, raising the target price to Rs 1,385. Aurobindo Pharma signed a master service agreement with Merck Sharp & Dohme, leading to a biologics CMO contract with TheraNym.

Indian benchmark equity indices Nifty 50 and BSE Sensex hit record highs as exit polls predict a third term for PM Modi, boosting investor optimism for infrastructure and manufacturing investments.

Nifty formed its day’s high in the early minutes and then remained in a capped range. It closed with a modest gain.

Adani Group stocks soared up to 16% as exit polls predicted a victory for Prime Minister Narendra Modi. The conglomerate's combined market cap rose by nearly Rs 1.4 lakh crore, reaching Rs 19.24 lakh crore. Adani Power surged 16%, while other group entities also saw significant gains, nearing pre-Hindenburg levels.

Equity markets faced pressure last week due to election uncertainties and FII selling. Analysts predict a positive market reaction on Monday post BJP win in exit polls.

Nifty is expected to cross its current all-time high of 23,110 early this week driven by optimism around the exit polls that is hinting at the BJP-led NDAreturning to power with a strong majority. Analysts expect short covering if Nifty holds above the 21,821 zone. Bajaj Auto, Britannia, Coal India, HDFCBank, Union Bank, Fortis, Indus Towers, Dixon and BHEL are some of the stocks recommended by the analysts for short-term trading

Indian shares set to open higher on Monday as exit polls project third term for PM Narendra Modi. Gift Nifty at 23,353 points, indicating Nifty 50 to open higher. Market sentiment boosted by exit polls favoring incumbent government.

Asian share markets rose on Monday as investors anticipated rate cuts by the European Central Bank and possibly the Bank of Canada. Sticky inflation may prolong the easing process.

A new Sebi rule requires top listed companies to confirm, deny, or clarify market rumours reported in mainstream media, focusing on material impacts on share prices.

RBI to hold rates on strong GDP growth. Inflation within target range but food inflation high. RBI cautious on weather impact.

Adani Group joins Tata Group and Mukesh Ambani's Reliance Group in achieving $10 billion annual operating profit in FY24 despite challenges.

Equity markets await BJP's election outcome on June 4. GSK's Blenrep shows promise for multiple myeloma. NMDC reports 37% production fall in May.

“Emami stock has been consistently trending upward, experiencing a V-shaped recovery from the 420 level to the 600 level in a short period. Traders can buy for a target of Rs 725 in the next 6-7 weeks,” says Shitij Gandhi, Senior Technical Analyst, SMC Global Securities.