EU gives final approval to Artificial Intelligence act, China allocates billions of dollars to bailout its crisis-hit property sector, BJP expels Bhojpuri superstar Pawan Singh for contesting LS polls as independent candidate, Juvenile board cancels bail of Pune teen driver who killed two in Porsche crash,

Market rally continues for 3rd day on easing Iran-Israel tensions

The Indian share market indices extended gains for third straight day on Tuesday as fear around West Asia conflict eased and a sharp drop in volatility. At close, the Sensex was up 89.83 points, or 0.12 percent, at 73,738.45, and the Nifty was up 31.60 points, or 0.14 percent, at 22,368.
Analysts expect the market to maintain the  bullish undertone as the Lok Sabha elections and corporate earnings season continue. Highlights of the day:
●RIL trades flat after Q4 earnings announcement,
●JNK India IPO opens for subscription today,
●Tata Consumer to post March quarter earnings,
●CLSA upgrades Indus Towers to buy from outperform,
●CLSA downgrades RIL to outperform from buy,
●M&M Financial falls 6% as firm to delay Q4 results
Grasim Industries, Bharti Airtel, Nestle India, Maruti Suzuki and HCL Technologies were the top gainers on the Nifty,while losers included Sun Pharma, BPCL, Reliance Industries, M&M and Hindalco Industries.
On the sectoral front, healthcare, metal, oil & gas and energy were down 0.3-0.8 percent, while FMCG, power, IT, realty and auto were up 0.4-2 percent.The BSE midcap index rose 0.5 percent and the smallcap index gained a percent.
Rupee Close:
On 23 April'24,the Indian rupee ends flat as dollar demand from importers pulled the South Asian currency back from the near two-week high it hit during the session.The rupee closed at 83.3425 against the U.S. dollar,on Tuesday, barely changed from its close at 83.3625 in the previous session.
Trading Guide:
Market experts have recommended seven buy or sell stocks for today — LIC Housing Finance, SBI, LT, TVS Motor, DACL, Havells India, and Triveni Engineering.

(Writer is a Finance Research Analyst, based in Gandhinagar, Gujarat)


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

Derived from the vibrant, ruby-red cranberries indigenous to North America, cranberry juice is a potent elixir for health.

Read More


Bangladesh Home Minister Asaduzzaman Khan has said that some Bangladeshis killed ruling Awami League MP at a flat in Kolkata.

Read More


Giving a sneak peak into Google I/O 2024 agenda, company has offered optimistic glimpse into the future of Android.

Read More

Credibility Matters at because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.