Market

Vishal Mega Mart IPO News: Vishal Mega Mart’s market valuation stood at Rs 48,644.57 crore. Source

Rupee strengthens against U.S. dollar due to foreign capital inflows, but faces resistance from mixed market sentiment. Source

Share Market Crash Today: The domestic currency surpassed 85 level for the first time to end at 85.07 against the US currency, down 12 paise, or 0.14 per cent, against the previous close of 84.95. The rupee fell to an intraday low of 85.08 on Thursday. Source

Sensex closes lower after 4-day rally, Nifty gains slightly; investors cautious amid global cues and trade talks. Source

Syngene’s Q4 net profit rose 2.8% YoY to ₹183.3 crore, surpassing estimates, though revenue growth of 11% fell short of Street expectations. Source

Equity mutual funds experience lowest inflow in 13 months, with SIP contributions remaining robust in May. Source

From the 30 blue-chip stocks, Axis Bank, Tech Mahindra, IndusInd Bank, JSW Steel, ITC, Larsen & Toubro, UltraTech Cement and HDFC Bank were the biggest laggards. Source

Bharat Bhoomi Fund by The Wealth Company Asset Management offers disciplined real estate investments in India’s evolving sectors. Source

The surge in valuation premium is largely attributed to the Nifty50’s strong performance relative to its Asian peers, especially China and Taiwan. China holds the highest weighting in the MSCI EM Index, followed by Taiwan and then India. Source

Equity indices rise on U.S.-China trade optimism, foreign fund inflows; Sensex up 118.11 points, Nifty up 33.3 points. Source