Sumeet Bagadia, Executive Director at Choice Broking, has identified three breakout stocks on May 21. 📌Hindalco: Buy at ₹660.35 | Target Price: ₹710 | Stop Loss: ₹635. 📌GAIL: Buy at ₹208.75 | Target Price: ₹225 | Stop Loss: ₹204. 📌Ashok Leyland: Buy at ₹210.60 | Target Price: ₹228 | Stop Loss: ₹200.

Forget about Gamestop (NYSE:GME) and AMC Entertainment (NYSE:AMC). Robinhood Markets stock is the picks-and-shovels way to invest in the resurgence of meme stocks.With meme stock mania seemingly heating back up, investors are eyeing shares of some of 2021’s big meme stocks again. But rather than chase shares of a specific meme stock, the smart way to invest in the theme of retail investors.

NHPC Q4 Results Live : NHPC announced their Q4 results on 17 May, 2024, showcasing a decrease in revenue by 6.93% and a decline in profit by 18.18% YoY.In comparison to the previous quarter, the company witnessed a drop of 8.14% in revenue and a decrease of 9.18% in profit.Selling, general & administrative expenses saw a significant increase of 19.55% q-o-q but decreased by 11.25% Y-o-Y.

Equity benchmarks BSE Sensex and Nifty 50 continued their northward journey for the third straight session on May 18, while the Nifty Midcap 100 index rallied for seven days in a row, with approximately 1,582 shares advancing and 638 shares declining on the NSE. The upward move towards a record high is expected to be seen in the coming sessions. Here are some trading ideas for the near term.

As the high-stakes' Lok Sabha election results approaches closer, the volatility in the stock market is weighing on investor's sentiments, both domestically and across borders. Foreign outflow from Indian equities continues unabated amid the rising India VIX index and uncertainty of the election outcome. In the fourth week of May, investors will keenly eye the ongoing the January-March quarter.EC

Nifty ended the extended 6-day trading week around 2% higher as moderation in India's CPI and lower-than-expected inflation figures from the US Fed boosted investor confidence.Global market cues remained largely supportive as major indices of the US market such as Nasdaq, S&P 500 and Dow touched lifetime highs.

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs. Of the world’s 20 largest stock markets, 14 have hit all-time highs recently. The MSCI ACWI Index, which tracks developed and emerging markets, has been on a record-breaking run, setting another new high on Friday. In the US, the S&P 500 and Nasdaq 100 indexes hit record high.

After a busy last week, the primary market is all set for a breather. Only two new initial public offerings (IPO) will open for subscription in the upcoming week amid ongoing general elections.In addition to the new issues, D-Street will witness up to eight listings, including Go Digit General Insurance, which recently opened for subscription and garnered substantial investor enthusiasm.

The National Company Law Tribunal (NCLT) has allowed IL&FS arm IL&FS Transportation Networks to offload its shares in Moradabad Bareilly Expressway to the Roadstar Infra Investment Trust (InvIT). The two-member bench, comprising Justice Prabhat Kumar and Justice V G Bisht, in an order approved the transfer of 3,21,40,691 equity shares, which represents the balance shareholding of 14.5%.

Kirloskar Ferrous Industries Q4 Results Live : Kirloskar Ferrous Industries declared their Q4 results on 17 May, 2024. The topline decreased by 1.89% & the profit decreased by 77.89% YoY. As compared to the previous quarter the revenue declined by 0.79% and the profit decreased by 74.44%.The Selling, general & administrative expenses declined by 7.21% q-o-q & decreased by 7.33% Y-o-Y.

Cautioning against household savings getting invested in futures and options trade, Chief Economic Advisor V Anantha Nageswaran on Saturday said there is a need to reconsider sachetisation of F&O trade because it requires different financial literacy. Speaking at the CII's Annual Business Summit, 2024, Nageswaran said whenever financial sector development precedes national development.

JSW Steel, the country's largest steelmaker by capacity, announced a dividend per share (DPS) of ₹7.30 for the financial year 2024. The declared dividend is the highest payout from the company, barring FY22, in which it had distributed ₹17.35 per share. The total outflow on account of equity divided stands at ₹1,785 crore for the year.

On May 18, FIIs/FPIs net sold Rs 93 crore worth of equities. On the other hand, Domestic institutional investors also net sold Rs 153 crore worth of equities. According to provisional data from the exchanges, FIIs bought Rs 51 crore and sold Rs 144 crore. Meanwhile, DIIs picked up Rs 149 crore in shares and dropped Rs 301.93 crore worth of equity in the session.

Have you ever thought how would someone’s legal successor settle the claim with EPFO for their kin, now deceased, when his aadhaar card details were found to be incorrect? Or what if the accountholder’s aadhaar got deactivated earlier, and he is not alive any more to make amends? In such cases, and many more, where an EPF account holder’s UAN details could not be seeded to aadhaar.

Medical consumables company Poly Medicure Ltd's Managing Director Himanshu Baid on Saturday (May 18) said he anticipates robust growth and margin expansion in the upcoming fiscal year. Regarding export growth, Baid remarked, "The exports have been doing well, and especially our European business has been growing very steadily, with a growth of around close to 40% there in Europe."