Nvidia's stock split announcement, aiming to attract more retail investors and potentially join the Dow Jones Industrial Average, follows a surge in share price. The split could make stock ownership more accessible and boost interest among individual investors.

U.S. stocks fell despite Nvidia's strong revenue forecast boosting shares. Economic data on inflation concerns and potential delay in Fed rate cuts overshadowed the market performance.

Mankind Pharma, Dr Reddy’s Laboratories, and Torrent Pharma are interested in acquiring JB Chemicals & Pharmaceuticals from KKR. Private equity funds are discouraged by high valuation, with first round of bids expected soon.

The key index closed at a record 22,967.65, up 369.85 points or 1.64%, after hitting a peak of 22,993.60 during trade. The BSE Sensex rose 1,196.98 points, or 1.61%, to end at 75,418.04.

“With the entire PSE space in momentum, IREDA stock is on the verge of giving a consolidation breakout. Traders can buy for a target of Rs 200 in the next 2-3 weeks,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

The National Company Law Tribunal (NCLT) has granted permission to the Atul Kirloskar faction of Kirloskar Industries Ltd (KIL) to sell its shareholding in Kirloskar Brothers Ltd (KBL), amid an ongoing family dispute. The tribunal ruled that shares should first be offered to Sanjay Kirloskar, with his nominees given priority. If not bought within 30 days, KIL can then sell the shares to others. Allegations of mismanagement and rejection of pre-clearance applications were raised by KIL and Atul Kirloskar's faction.

Honasa Consumer, which owns and operates Mamaearth, on Thursday reported a net profit of Rs 30.4 crore for the fourth quarter ended March 2024.

The Pre-packaged Insolvency Resolution Process (PPIRP) settled operational creditors' claims in five cases. Introduced under the Insolvency and Bankruptcy Code (IBC) in August 2021, it involves debtor-creditor negotiation before formal insolvency. Newsletter of the Insolvency and Bankruptcy Board of India (IBBI) reported 25% realisation.

Apis Partners held a 2.61% stake via Apis Growth 6, Madison Capital via Mio Star held 2.21% and Mio IV Star held 2.39%, and ROC Capital owned 1.01%, as of March 2024. Mio IV Star, ROC Capital and Apis Partners liquidated their entire stakes in the deal.

"The study found that services such as the SMS alert after an account is debited, which is mandated by the RBI, are charged by many banks. Bank of India, for instance, charges for SMS alerts of payment OTPs," said Ashish Das, professor of statistics at IIT Bombay, and the author of the study.

At the close of Thursday's trading, the market-cap of all BSE-listed companies stood at $5.05 trillion (or ₹420.22 lakh crore). India is the fifth country after the US, China, Japan, and Hong Kong whose market capitalisations have crossed the $5-trillion mark.

IREDA has rallied by about 190% since its November 2023 listing. After reaching 215 in February, the momentum in the stock fizzled out. It continued to drift lower and found support above 120 levels in March. The stock is trading well above most of the crucial moving averages such as 5,10,30,50 and 100-DMA on the daily charts.

The S&P 500 and Nasdaq initially reached record highs, but positive sentiment waned after data revealed a rise in U.S. inflation in May. This concerning news was somewhat offset by reports of increased business activity and decreased unemployment claims, highlighting a complex economic landscape.

Peter Hargreaves rejects a 4.67 billion pound takeover bid from CVC Advisers and Abu Dhabi Investment Authority, deeming it undervalued.

National Grid's 7 billion pounds rights issue for energy networks aligns with UK's decarbonisation goal. CEO John Pettigrew assures stable regulatory framework. Shares drop over 10% amid political risk concerns in the sector.

Sensex rose nearly 1,200 points to hit a record high of 75,499 and Nifty settled near 23,000. Buying was seen in banks, capital goods, auto and consumer durables. Healthcare and metal stocks saw little selling pressure. Garden Reach Shipbuilders rose 20% to hit a fresh record high.

​Boeing will burn rather than generate cash in 2024 and deliveries aren't expected to increase in the second quarter, the company's finance chief said Thursday, as the U.S. planemaker grapples with a full-blown crisis that is weighing on production of its strongest-selling aircraft.

The Dow Jones Industrial Average fell 0.56% intra-day, dragged down by industrial stocks and a 2% drop in Boeing following a U.S. regulator's warning about the planemaker's safety concerns. Meanwhile, the S&P 500 and Nasdaq Composite edged higher, showing resilience despite the Dow's decline.

With nearly a fortnight left for the results of Lok Sabha polls, benchmark stock indices Sensex and Nifty zoomed over 1.6% to close at lifetime high levels on Thursday, making investors richer by Rs 4.28 lakh crore. Regaining the 75,000 level, the BSE Sensex ended at an all-time peak of 75,418.04, up by 1,196.98 points or 1.61%. The index logged its biggest single-day gain since January 29.The NSE Nifty inched closer to the 23,000 mark during the day. The 50-issue index went up by 369.85 points or 1.64% to 22,967.65. "On the daily chart, Nifty50 has given a breakout from an Ascending Triangle Formation, indicating a continuation of an uptrend with an approximate target of 23,850. Considering today's sharp uptick, we expect a pullback in the index where a level of 22,780 will be considered as immediate support," said Aditya Gaggar, director of Progressive Shares.Here are 5 stock recommendations for Friday:

Nvidia rallied 9% on Thursday as its bumper revenue forecast reinforced investor confidence in the AI-driven boom in chip demand, lifting shares across the semiconductor sector.

Cochin Shipyard's remarkable 178% return in CY24 so far reflects investor confidence. The stock is currently seeing a strong uptrend with higher high and higher low formations. Defying recent market volatility, the defence stock has maintained consistent outperformance against broader market trends over the past few months.

The Dow Jones Industrial Average rose 23.91 points at the open to 39,694.95.

Among the sectors which have seen a strong re-rating in the last five years, probably infrastructure is amongst the top ones. Like many other sectors here also the re-rating has been largely due to policy push and government spending. If one looks at the performance of the companies in the last five years, there has been clearly strong growth across the board. So, policy continuity becomes critical for this sector and the stocks. The

Nifty formed a long bull candle on the daily chart on Thursday weekly expiry. Once it breaches 23,000, the index might move towards 23,500 in the short term. Nifty has broken above 22,750 - 22,800 resistance zone and is eyeing the upper end of the rising channel placed at 23,100 – 23,150

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Thursday's trading session, five stocks witnessed a top long unwinding. Here's the list:

On May 23, the stock market opened with cues from two central bankers: Jerome Powell of the US Federal Reserve and RBI Governor Shaktikanta Das. As a result, Sensex surged nearly 1,200 points to a new high of 75,500, while Nifty also scaled new peaks, near 23K mark. Investors also noted PM Modi's prediction, where he said both BJP and the stock market will hit new highs on June 4 when the Lok Sabha election results would be announced. Economists suggest the govt could use the RBI funds to reduce market borrowings and the fiscal deficit.

We considered the top 5 stocks where MFs, PMS, ULIPs, and AIFs increased their exposure in April. Here's the list, according to the data by Finalyca.

Short covering refers to the buying of shares 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 Thursday's trading session, five stocks saw top short covering. Here's the list:

Balkrishna Industries’ global peers have cut down production as their revenue fell by around 10% in the March quarter, but Balkrishna’s volume grew by 12.9% year-on-year to 82,085 tonnes in the period — the highest in eight quarters.

ITC board declares a final dividend of Rs 7.5 per share alongside Q4 profit of Rs 5,120 crore, missing estimates. Total dividend for FY24 set at Rs 13.75 per share. Revenue up 2% YoY. Stock shows strong technical performance.

As part of the demerger, which will unlock value for its 36 lakh shareholders and also improve the capital allocation of the parent company, ITC will own 40% of ITC Hotels. The remaining 60% will be owned by ITC shareholders in proportion to their ownership in the parent entity.

The transmission business can target long-term, patient investors seeking predictable cash flow, while SPTL, focusing on Global Products & Services (GPS) business, can attract capital seeking higher returns typically suited for pre-IPO or capital market investors.

Taiwan Semiconductor Manufacturing, Nvidia's contract chipmaker, said in April it expects to more than double its advanced packaging capacity this year.

Muthoot Finance announces an interim dividend of Rs 24 per share for FY23-24, with a record date of June 1. The company assures adherence to RBI guidelines on cash disbursement of loans.

Nifty hits a record high while Sensex surges 1,200 points, fuelled by RBI's Rs 2.1 lakh crore dividend for the government. Analysts anticipate positive macroeconomic effects, including potential fiscal deficit reduction and infrastructure spending boost.

Among the public shareholders, foreign investors own about 19% stake in the company and mutual funds are holding 4.74%, according to the latest shareholding data available with the exchanges.

The brokerage has set a target price of Rs 1,075 for the stock. Bharti Airtel continues to be its chosen pick. ICICI Securities has assigned a 15% premium to Bharti India’s valuations. It stands by its hypothesis of ‘small, but beautiful’ for BHL.

Nifty hits a record high while Sensex surges 1,100 points, fuelled by RBI's Rs 2.1 lakh crore dividend for the government. Analysts anticipate positive macroeconomic effects, including potential fiscal deficit reduction and infrastructure spending boost.

Cube Highways Trust declared an annual distribution per unit (DPU) of Rs 10.09 for FY24, with plans to acquire seven road assets, including six based on NHAI's Hybrid Annuity Model for revenue stability.

KPI Green Energy announces a stock split in the ratio 1:2 to enhance liquidity and make shares more affordable for small investors.

Nifty hits a record high while Sensex surges 800 points, fuelled by RBI's Rs 2.1 lakh crore dividend for the government. Analysts anticipate positive macroeconomic effects, including potential fiscal deficit reduction and infrastructure spending boost.

Analysts said Go Digit's position as the fastest-growing private non-life insurer by GWP in India positions it for continued success in the insurance market. The company's advanced technology platform and focus on innovation bode well for its future.

Indian shares recovered from a muted start on Thursday, helped by a rebound in financials on hopes of improvement in the country's fiscal deficit after the Reserve Bank of India's record dividend to the government. Meanwhile, in today's trading session, four stocks from the Nifty50 index hit a new 52-week high. Here's the list:

When investing in any stocks, be it a large, small or medium cap there has to be one strong reason why one should invest in. It could be a strong balance sheet, strong brand, long runway of growth for the sector. Because if one of these are present in a company then the short term volatility in the market does not matter. They come and go and finally these stocks are able to deliver returns. Especially at a time when the index is forming a new high and sentiment all bullish, it is more important to stay cautious because however strong a bull run might be, it has phases of correction like the one we saw in March and as recently as last week. If one is staying with quality stocks, the probability of faster recovery when bulls are back is high. We look at 5 stocks from different places where either one or more of the three things are present.

Japan's Nikkei share average rose to a one month high led by tech stocks after Nvidia's strong earnings. Analyst Kenji Abe from Daiwa Securities mentioned the positive impact on Japanese tech stocks, especially semiconductor-related companies.

​European stocks edged higher on Thursday after strong forecasts from AI darling Nvidia lifted global chipmakers, while investors awaited the latest business surveys to gauge the euro zone economy's outlook and interest rate path.

Adani Enterprises is poised to join Sensex, possibly replacing Wipro, in BSE's semi-annual rejig. Expected inflows of $118 million for Adani, and outflows of $56 million for Wipro. Sensex, India's key index, represents the top 30 firms.

Investors may adjust portfolios based on election outcome predictions. Constructing robust portfolios is crucial in uncertain times to withstand market shocks and ensure long-term survival.

Following its listing on Thursday with a modest premium of 3.35% at Rs 281 over its issue price of Rs 272, shares of Go Digit General Insurance continued to rally, surging another 9% to reach the day's high of Rs 305.85.

Shares of PSU defense company Garden Reach Shipbuilders (GRSE) experienced a significant surge of 20% on the BSE on Thursday, reaching a new all-time high of Rs 1,424.80. This surge followed the company's announcement of a remarkable 104% year-on-year (YoY) increase in its net profit to Rs 112 crore.