The …
When and where to watch the 2024 Future Games Show summer showcase-
The summer showcase weekend is now well underway and if you’re looking for your next destination for trailers and game reveals, turn your attention to the Future Games Show from our colleagues at GamesRadar+ on Saturday, June 8.
The summer edition of the Future Games Show is hosted by a few familiar voices: Roger Clark who you’ll recognize as Arthur from Red Dead Redemption 2 if he happens to yell “Dutch!” at any point during the show, and Britt Baron, the unforgettable voice of Tifa in Final Fantasy 7 Rebirth.
When to watch the Future Games Show
The Future Games Show summer showcase premieres at 12 pm Pacific, 8 pm BST on Saturday, June 8. You can watch it by subscribing to FGS’s YouTube channel, GamesRadar’s Twitch channel, its Facebook page, Twitter, and the webs…
XDefiant finally has a release date, and it’s just a couple weeks from now-
It’s been a long time coming, but the big day is finally almost here: Following a weekend-long stress test that ran earlier this month, Ubisoft’s long-awaited free-to-play FPS XDefiant is set to launch on May 21.
XDefiant was announced in 2021 and it didn’t go especially well: The initial response, right down to the silly, stylized title, was so negative that Ubisoft mashed the brakes on the whole thing for almost a full year, later emerging reworked branding a decidedly more “tacticool” attitude. A well-regarded open beta and multiple delays followed, but a promised stress test in April went ahead and Ubisoft was apparently satisfied by what it saw.
The XDefiant launch will begin with a “preseason” that’s slated to run for six weeks with five factions, 14 maps, and fi…
Sai Silks sees tepid debut, lists at 4% premium; Should you hold or book profit-
Sai Silks (Kalamandir) shares listed at 4% premium over IPO price on bourses today. The share debuted at Rs 231 on the NSE, as compared to the issue price of Rs 222. The investors have made a profit of Rs 9 per share as the scrip gave merely 4% return to investors on the listing.
“In the long term, the company has the potential to grow its business, given its strong brand presence, expanding footprint, and focus on online sales. However, investors should be aware of the risks associated with the company, such as the competitive nature of the industry and the impact of economic downturns on consumer spending. Thus, cautious investors may consider exiting their position, but investors with a long-term view may hold it by keeping a stoploss,” said Shivani Nyati, Hea…
Sebi reduces approval time for internet-based trading
The Securities and Exchange Board of India (Sebi) has sped up the process of stock brokers getting approval from stock exchanges for internet-based trading to 7 days from the current 30 days.
The move aims to improve the ease of doing business in stock markets and “remove obsolete compliance requirements related to activities of market infrastructure institutions,” Sebi said in a circular on Thursday.
According to the rule, the broker is required to apply to the respective stock exchange for a formal permission to provide internet-based trading service. After which the relevant stock exchange is required to communicate its decision to the member, now within 7 calendar days, down from 30 days earlier.
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Stock Market Highlights- Markets end higher! Nifty at 22,550, Sensex above 74,000; Realty and metal gains
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed the trading session on a positive note on May 31. The BSE Sensex rose 132.44 points or 0.18% to finish the day’s trading at 74,018.04, while the NSE Nifty 50 closed 61.75 points or 0.27% higher at 22,550.40. Nifty Midcap 100 closed 309.10 points or 0.60% at 51,735.95. Bank Nifty closed in the green up 300 points or 0.62% at 48,982.40.
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15:30 (IST) 31 May 2024
Markets at close
Sony-Zee Merger- Zee Entertainment shares plunge 8 per cent; market valuation falls by Rs 2,036 crore
Shares of Zee Entertainment Enterprises tanked nearly 8 per cent on Tuesday amid uncertainty over the fate of the USD 10 billion merger between the company and Culver Max Entertainment, formerly Sony Pictures Networks India.
The stock tumbled 12.66 per cent to Rs 242.30 during the day on the BSE. It ended at Rs 256.25 apiece, lower by 7.64 per cent. On the NSE, the stock plunged 13.60 per cent to Rs 240.30 during the day. Shares of the company ended at Rs 255.95 each, down 7.98 per cent.
The company’s market valuation fell by Rs 2,036.3 crore to Rs 24,613.31 crore. In volume terms, 105.74 lakh shares of the company were traded on the BSE and over 15.72 crore shares on the NSE during the day.
Ambuja Cements shares surge 4% after promoter sells 3% stake…
Rising volatility keeps markets on the edge
Broader market came under selling pressure on Tuesday as rising volatility and high valuations provided investors a recipe for profit booking. The smallcap and midcap index on BSE corrected as much as 2% each intraday, while the volatility index India VIX rose for the ninth consecutive session to 17.01.
This was the third consecutive session of decline for both the broader market indices after they hit their lifetime high levels in intraday trading on May 3.
On Tuesday, the BSE Smallcap index ended 1.7% lower at 45,920.86 points, while BSE Midcap index fell 1.9% to 41,211.15 points. At the same time, Nifty ended 0.6% lower at 22,302.50 points and Sensex fell 0.5% to 73,511.85. Overall investor wealth also declined by Rs 4.87 trillion to Rs 398.4 trillion.
Deepa…
Stocks to Watch- Reliance Industries, Adani Ports, Cyient, Force Motors
Stocks in Focus: GIFT Nifty traded up 54.5 points or 0.26% at 21,079.5, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Monday, the NSE Nifty 50 dipped 90.70 points or 0.43% to settle at 20,906.40, while the BSE Sensex dropped 377.50 points or 0.54% to 69,551.03.
“The Nifty has formed a bearish engulfing pattern on the daily chart, suggesting a possibility of a bearish reversal. On the higher end call writers have built a heavy position at 21000. On the lower end, put writers are heavily present at 20,800 and 20,900. Therefore, the Nifty is likely to remain mostly sideways to negative as long as it remains below 21000. Only a decisive move above 21,000 might induce a resumption of …
Religare’s top stock picks include Balkrishna Industries, Can Fin Homes, HCL Tech and Hero MotoCorp
By Ajit Mishra
Markets plunged sharply lower in the passing week and ended the 3-month long consolidation phase. All sectors felt the heat wherein metal, realty and financials were among the top losers. The broader indices too witnessed pressure and lost in the range of 2%-3%.
Apart from the domestic factors, continuous weakness on the global front is weighing on the sentiment. Among the major markets, the US markets have been declining for the last 3 months and there is no sign of reversal yet. Though the existence of support around 32,500 may prompt some rebound, sustainability seems difficult to multiple hurdles around the 33,200-33,500 zone. On the flip side, 31,600 would be the next major support, in case of a breakdown.
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Mcap of four of top 10 most-valued firms rise Rs 65,671 crore; Reliance biggest winner
The combined market valuation of four of the top-10 most-valued firms climbed Rs 65,671.35 crore last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark climbed 175.31 points, or 0.26 per cent. While Reliance Industries, HDFC Bank, ICICI Bank, and Bharti Airtel were the gainers, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, State Bank of India, and Bajaj Finance faced erosion in valuation.
The market valuation of Reliance Industries jumped Rs 26,014.36 crore to reach Rs 16,19,907.39 crore. HDFC Bank added Rs 20,490.9 crore, taking its valuation to Rs 11,62,706.71 crore. The market valuation of Bharti Airtel rose Rs 14,135.21 crore to Rs 5,46,720.84 crore , while that of ICICI Bank gained Rs 5,030.88 crore to Rs 6,…