Despite reporting a fall in profits in the January-March quarter, the 10% stake sale in Reliance Jio to Facebook and the biggest-ever rights issue in India of Rs 53,000 crore that Reliance Industries announced on Friday has made brokerage firms stay firm on their ‘buy’ calls for India’s most valuable company.

As India goes back under another lockdown till May 17, FMCG, retail and pharma sectors are likely to witness upticks in the demand.

After opening nearly 3 per cent higher, RIL share price slipped 1.90 per cent in Mondays' trade. American private equity firm Silver Lake Partner announced an investment of Rs 5,655.75 crore in Reliance Jio.

Despite gold’s stellar performance, the precious metal is still very likely in the early stages of this remarkable bull market cycle.

With local wine shops allowed to open across states from today, liquor stocks are back in focus on Dalal Street today. Breweries and distilleries were seen moving up in the share markets while the benchmark indices fell over 5% each.

The government on Friday announced that a "limited" lockdown, including suspension of inter-state travel, air and train services, will continue to remain in force for another two weeks throughout the country from May 4, but some activities would be allowed after classifying areas into red, orange and green zones.

The market share of HUL was up by 50bp in 4QFY20 with 80 per cent of portfolio gaining share in the March quarter, a clear indication of resilient performance in an extraordinarily difficult quarter

“The world has changed for the airlines and I don’t know how it’s changed,” said ace investor Warren Buffett at the annual general meeting of Berkshire Hathaway last Saturday, after his company sold all their holdings in four of the largest airlines in April.

Investors witnessed a wealth erosion of Rs 5.81 lakh crore in BSE-listed companies. The market capitalisation of BSE-listed companies fell by Rs 5,81,182.15 crore to Rs 1,23,60,438 crore

With the majority of the population asked to stay indoor, power demand across the country tanked over 8% in March and was expected to fall another 32% in April.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: As many as 19 stocks out of 30 Sensex stocks ended in negative territory with SBI (State Bank of India) as top Sensex loser, down 4.64 per cent.

In reduced trade, with China, Japan and South Korea on holiday, Australia's ASX 200 rose 1.26% and Hong Kong's Hang Seng climbed 0.66%.

As uncertainty looms large, volatility again jumped 28% on Monday as equity markets resumed trading after a long weekend.

Petrol price is hiked by Rs 1.67 per litre while diesel price is increased by Rs 7.10 per litre in Delhi.

Barring Nifty PSU Bank index and Nifty Realty index, all the sectoral indices were trading in green. Nifty Metal index was top sectoral gainer led by JSW Steel, Coal India and Jindal Steel.

The expectation of revival of economies after the lockdown and selling of gold by the central bank created pressure on the yellow metal

United Breweries share price fell the most as much as 6 per cent to Rs 912, while United Spirits shares were down 4.5 per cent to Rs 517.30

CLP India is owned by CLP Group, one of the largest investor-owned power businesses in Asia, and Caisse de dpt et placement du Qubec (CDPQ), one of Canada's leading institutional fund managers.

Nifty is approaching its support zone of 9100-9000 levels, however, any violation of this will cause further weakness towards 8800 levels

Following the two-day fall in equities, the market capitalisation of BSE-listed companies plunged by Rs 6,98,419.77 crore to Rs 1,22,43,201.05 crore.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: As many as 21 stocks out 30 Sensex scrips finished trade in positive territory with M&M as the top gainer, up 5.27 per cent, followed by Bajaj Finance, HDFC Bank and ICICI Bank.

Hindustan Petroleum Corporation (HPCL) share price declined 13 per cent to Rs 186.70 apiece on the BSE.

HDFC, HDFC Bank, ICICI Bank, Reliance Industries (RIL) and Bharti Airtel were among the top index contributors

On MCX, gold June futures rose Rs 37 to Rs 45,788 per 10 grams. Similarly, silver July futures were trading Rs 403 or 0.96 per cent higher at Rs 42,299 per kg

NIIT Technologies share price surged 15% on the stock market after the company posted a strong January-March quarter result on Tuesday.

The market regulator also directed the entities to pay 10 per cent interest along with the offer price to shareholders who were holding shares at the time when the company violated the Sebi norms.

The rally in Sensex and Nifty was supported by buying in financial counters with HDFC Bank, HDFC, ICICI Bank and Bajaj Finance as top index contributors

After witnessing sharp weakness on Monday, Nifty shifted into a mixed trend with range bound action in the last couple of sessions.

Petrol will cost Rs 73.91 per litre while diesel will be available at Rs 63.86 per litre in the state, finance minister Suresh Khanna told reporters after the Cabinet meeting here.

The Food Corporation of India (FCI) has been able to buy half of its wheat procurement target of 40.7 million tonne by Wednesday despite a delayed start this year as Punjab has exceeded expectation by purchasing nearly 75% of its target in only 22 days.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: ONGC was the top laggard on BSE Sensex, with a fall of 4.54 per cent. NTPC, Kotak Mahindra Bank, Bharti Airtel and Titan were other losers on the Sensex pack

Yes Bank shares jumped 20 per cent to hit upper circuit at Rs 31.60 apiece on BSE in otherwise weak trade on Thursday. Bank reported a net profit of Rs 2,629 crore for the quarter ended on March 31.

Most of the sectoral indices were trading in deep sea of red. Nifty FMCG index dropped 1.33 per cent weighed by Godrej Consumer Properties, Britannia, Dabur India and Marico.

Gold prices have gained over 18 per cent from their recent low of Rs 38,400 per 10 grams hit on March 16, 2020. While silver futures surged 25 per cent from its low of Rs 33,580 per kg touched in March.

Reliance Industries share price extended gains in the late afternoon trade on Thursday, jumping over 2%, while headline index Sensex mostly traded in red, even as RIL denied the buzz about talks with Microsoft for further investment in its telecom arm Jio.

The March mayhem that saw domestic benchmark indices tank 24% in not behind investors despite a decent recovery in the month of April. However, the coming few months could be crucial for investors.

If history is any guide, adversity offers maximum value. The global financial crisis in 2008 culminated in the index being up nearly 100% in 2009.

The broader markets outperformed the headline indices. S&P BSE MidCap index fell 0.53 per cent or 61 points at 11,420. While BSE SmallCap index declined 0.14 per cent or 15 points to end at 10,687

Franklin Templeton shifted part of the blame for the recent winding down of six of its debt mutual funds on to capital markets regulator Securities and Exchange Board of India.

Among one of the companies that ended up in Rakesh Jhunjhunwala’s shopping cart during the January-March quarter was another Tata Group company -- Rallis India.

In the wake of Franklin Templeton wounding up six of its debt mutual fund schemes, India’s largest mutual fund distributors body has urged the Reserve Bank of India to set up a SPV to buy portfolios from troubled fund houses and pay off investors.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Out of 30 Sensex stocks, 16 scrips finished trade in red with NTPC as top laggard, down 4 per cent, followed by M&M, Axis Bank, IndusInd Bank and State Bank of India (SBI)

In the morning session, BSE Sensex reclaimed 32,000-mark while Nifty 50 was trading near its crucial 9,400. These five stocks in action today

On MCX, gold June futures were trading Rs 153 or 0.33 per cent down at Rs 46,008 per 10 grams. Silver July futures were ruling at Rs 43,265 per kg, up Rs 142 or 0.33 per cent.

Market regulator SEBI, late Thursday night advised Franklin Templeton to focus on returning investor’s money after the fund house decided to wound up six of its debt mutual fund schemes.

Reliance Industries controlled by Mukesh Ambani, Asia’s richest person, is in discussions with banks for a potential sale of its 4.9% stake in Asian Paints Ltd. through a series of block trades.

HCL Technologies posted strong March quarter numbers with revenue increasing by 16% on-year basis and PAT jumping 22.7% in the same time period. The stock has surged 27% from recent lows and is now down just 10% year-to-date.

Among pharma stocks, the top stock picks of CLSA are Sun Pharma, Cipla, Aurobindo Pharma and Cadila Healthcare, recommending a 'buy' rating on them

Hindustan Unilever share price jumped 4% on Friday to trade at Rs 2,070 per share on the NSE Nifty-50 after a bulk deal that saw French multinational investment bank and financial services company, Societe Generale buy 1,29,00,000 shares.

Fears of deepening global slowdown due to the COVID-19 outbreak and subsequent lockdowns have spooked the markets globally, including in India.  Almost all the equity-oriented mutual fund categories registered net inflows last month.