Stock market live updates, May 13: Following last week’s concerns over low voter turnout in the first three phases of the ongoing Lok Sabha elections, Indian markets will now track the fourth phase of voting to take place on Monday, May 13. .
Apart from that, domestic consumer price index (CPI)-based inflation in April, India’s March quarter (Q4 FY24) results, and FII flows will guide market sentiment today.
As of 7am, GIFT Nifty futures fell 55 points to the 22,085 level.
New listing Indegene’s shares are expected to be listed on the stock market on Monday, May 13th.
The company has fixed the issue price at Rs 490. Meanwhile, the gray market premium (GMP) is Rs 290, implying a listing gain of over 60%.
Today’s Q4 2024 Results Aarti Pharmalabs, Aditya Birla Capital, Alembic, Bombay Burmah Trading Corp, BLS E-Services, Cera Sanitaryware, Chalet Hotels, DLF, Ethos, Electrosteel Castings, GIC Housing Finance, INOX India, Jindal Steel and Power, CE Info Systems, Sanofi India , Tube Investments of India, UPL, Varun Beverages and Zomato will report Q4 FY24 results on Monday, May 13.
world market Asian markets fell on Monday, led by the Shanghai Composite (down 0.7%), Hang Seng (down 0.5%), Nikkei and Kospi (down 0.3% each) and ASX200 (0.12%).
Last Friday, on Wall Street, the Dow Johnny Index rose 0.32%, the S&P 500 Index rose 0.16%, and the Nasdaq Composite Index fell 0.03%.
