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STOCK MARKET UPDATES 11/06/2024



 

*    Nvidia triggers speculations over possible Dow inclusion after the stock split.

*    India's MF assets at Rs 58.6 trillion in May, up nearly Rs 10 trillion in a year.

*    HCLTech launches Enterprise AI Foundry to streamline and scale enterprise AI.

*    ARCs to see 500-700 bps higher recoveries from residential realty: CRISIL.

*    Cognizant to acquire Belcan for $1.3 billion to boost engineering capabilities.

*    Jaypee Infra insolvency: Suraksha is to pay 1st tranche to YEIDA before Aug 24.

*    SAIL-Bhilai supplies 4,000 tonnes of heat-treated rails to Railways.

*    UP government steps up land acquisition for Amritsar-Kolkata Industrial Corridor.

*    Southeast Asia emerges as the top choice for Indian tourists, finds Oyo report.

*    High property prices to boost debt recovery from realty projects: Report.

*    Reliance Power becomes debt-free on a standalone basis; and clears pending dues.

*    Citroen inks MoU with CAB-EEZ Infra Tech to supply 2,000 units of e-C3 EVs.

*    JSW Energy begins construction of 1 GWh battery energy storage project in Rajasthan.

*    SBI Mutual Fund first one to cross the Rs 10 lakh crore AAUM milestone.

*    Havells India partners with Jumbo Group for kitchen appliances in UAE.

*    Sebi proposes stricter norms for including derivative trading on individual stocks.

*    May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA.

*    Retail buyers oversubscribe to Ixigo IPO within hours of debut.

*    Tata Motors to launch multiple electric cars under Avinya brand: Report.

*    Consumer sector in focus post-election results.

*    Axiscades Technologies to supply drone systems to the Indian Army under a Rs 100 crore order.

*    MahaRERA keeps registration of 1,750 lapsed housing projects in abeyance.

*    Parag Parikh Flexi Cap Fund increases stake in ITC, HDFC, and Kotak.

*    Equity mutual fund inflows skyrocket to record ₹34,697 crore in May: AMFI.

*    Rapid growth in India's ad market, China's slowing: Mindshare Asia Pacific CEO.

*    NTPC eyes $50 billion capex to transform into a complete energy company.

*    Centre plans stringent policy measures for reducing pulses and edible oil imports.

*    Xiaomi India eyes increased localization, Apple-like ecosystem.

*    Blackstone sells Mphasis tranche in early Monday trade.

*    Kronox Lab Sciences share price lists at ₹165, a 21% premium to the IPO price.

*    Gold prices dip on strong US dollar as China pauses buying yellow metal.

*    SEBI mulls boosting NRI/ OCI participation in IFSC-based FPIs.

*    Shyam Metalics May stainless steel production is down 28.1% MoM at 4,949 Tonnes.

*    The Leela Hotels IPO was valued at $2.5 billion in a dramatic turnaround.

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