{"id":42832,"date":"2025-05-29T08:33:10","date_gmt":"2025-05-29T03:03:10","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=42832"},"modified":"2025-05-29T08:38:02","modified_gmt":"2025-05-29T03:08:02","slug":"gift-nifty-indicates-a-positive-start-global-cues-are-a-mixed-bag","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/gift-nifty-indicates-a-positive-start-global-cues-are-a-mixed-bag\/","title":{"rendered":"Gift Nifty indicates a positive\u00a0start; Global Cues\u00a0Are\u00a0A\u00a0Mixed\u00a0Bag"},"content":{"rendered":"\t\t
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Gift Nifty suggests a good start for Indian markets, at 24,844, an increase of 95 points or 0.39%, indicating a good beginning to the trading session.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Global Market Overview:<\/strong><\/p>

US major indices closed lower even as the day began on an optimistic note. S&P 500 closed 0.56% lower at Rs 5,888.55, while Nasdaq Composite closed 0.51% lower at Rs 19,100.94. The Dow Jones Industrial Average fell by 244.95 points or 0.58%, closing at Rs 42,098.70. The declines despite investors’ expectations of information from the Federal Reserve minutes and a new batch of corporate earnings. Importantly, the U.S. Federal Trade Court ruled against Trump-era reciprocal tariffs, contributing to market volatility.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Asian Markets:<\/strong><\/p>

Asian markets started the day on a firm footing, following overnight leads from the U.S. Japan’s Nikkei took the lead, gaining 1.7% in initial trade. Hong Kong’s Hang Seng Index and China’s Shanghai Composite gained 0.5% each.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Stocks in News:<\/strong><\/p>

RITES Ltd:
<\/strong>RITES has inked a Memorandum of Understanding (MoU) with Shree Cement to jointly work on rail infrastructure development and allied services.<\/p>

IndusInd Bank:
<\/strong>SEBI has prohibited former IndusInd Bank MD & CEO Sumant Kathpalia, former Deputy CEO Arun Khurana, and three other former senior executives from the bank for suspected insider trading.<\/p>

SAIL (Steel Authority of India Ltd)<\/strong>
The company has posted a robust performance for the quarter, with net profit increasing 11.1% year-on-year at Rs 1,251 crore, as against Rs 1,125.7 crore in the corresponding quarter last year. The revenue of the company also increased by 4.9% at Rs 29,316.1 crore versus Rs 27,958.5 crore in the last year.<\/p>

Avanti Feeds:
<\/strong>The company has reported a robust set of figures for the fourth quarter. Consolidated net profit rose 39.6% year-on-year to Rs 157.2 crore from Rs 112.6 crore. Revenue in the quarter rose 7.9% to Rs 1,385.1 crore, against Rs 1,283.5 crore in the comparable period last year. The board has also declared a dividend of Rs 9 per share for FY25.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tOpen Zero Brokerage Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Disclaimer: Investments in the Securities market and Mutual Funds are subject to market risks. Read all the related documents carefully before investing | The securities are quoted as an example and not as a recommendation | Brokerage will not exceed the SEBI-prescribed limit | Margins will be collected as per the exchange norms.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Gift Nifty suggests a good start for Indian markets, at 24,844, an increase of 95 points or 0.39%,…","protected":false},"author":4,"featured_media":42417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-42832","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-morninger","8":"cs-entry","9":"cs-video-wrap"},"yoast_head":"\nGift Nifty indicates a positive\u00a0start; 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