The minister also exhorted industry players to look into the possibilities of setting up clusters of leather, plastic, chemical and other products along the greenfield highway that is expected to cut down the travel time between Delhi and Mumbai to just 12 hours.

Experts largely expect the month of May to be a consolidation period though stock specific action could continue due to March quarter earnings.

There could be some knee-jerk reactions on May 4 over weak global cues amid fears of another US-China trade war.

With support from FII and DIIs, benchmark indices gained nearly 8 percent each last week. Both rallied over 14 percent in April.

Investors lost more than Rs 5 lakh crore of wealth in today#39;s trade so far.

Reliance Industries in its BSE filing on May 4 said Silver Lake would invest Rs 5,655.75 crore into Jio Platforms for over a 1 percent equity stake.

Laurus reported a strong set of results for Q4FY2020 with PAT at Rs 109.6 crore, growing 154 percent YoY and slightly ahead of Sharekhan#39;s estimates.

Brokerages have a positive view on the stock with a target price of Rs 41 (upside potential of 74.5 percent) in medium to long term.

On the front of earnings, the company is expected to see a contraction in sales and EBITDA margin for FY21 but FY22 may be the year of revival.

The Nifty Auto Index has corrected by about 21 percent in the past two months, compared to an18 percent decline in the Nifty.

For many, the recent rise in the equity market was bewildering as almost all indicators of the domestic economy had been showing signs of acute distress due to COVID-19.

Motilal Oswal reiterated IOC as its top pick, with a target price of Rs 168, valuing the company at 1.2x FY22 PBV.

As far as May is concerned, HDFC Securities feels more Q4 earnings disappointments are likely to strain market during the month.

By investing in more than one asset category, you#39;ll reduce the risk of losing money and your portfolio#39;s overall investment returns will have a smoother ride.

In the last week the Indian rupee ended lower by 45 paise at 75.55 on May 8 against its April 30 closing of 75.10.

Two report cards that speak of the bad schooldays behaviour of ex-Beatle John Lennon, punished with detention for "fighting in class" and "sabotage" when he was 15 years old, were knocked down at auction for $13,804 each, TracksAuction.com reported Monday.The British

Singer Justin Bieber along with his entourage were detained at the Brisbane airport during a drug search conducted by customs agents. A member of his entourage was reportedly carrying weed, reports tmz.com. While customs agents searched for drugs, they asked Bieber

A young film starring young actors Sidharth Malhotra and and Parineeti Chopra, director Vinil Matthew's Hasee Toh Phasee album boasts of six tracks and musical duo Vishal-Shekhar have ensured the songs capture the right essence to woo the young crowd.'Punjabi wedding

Kanye West earlier this year, re-committed himself to Christianity and started performing with the choir Sunday Service. Back in October, the songwriter-rapper had announced a collaboration with the Sunday Service Choir for the new album and dropped it on Christmas Day as

United States former President continued on his yearly tradition of sharing his favourite shows, movies and music with fans all over the world. This week when he shared the list of his favourite songs in 2019 and it came as a

South Korean's Kpop band BTS has become one of the most beloved music creators around the world. BTS new release Black Swan is already leading the i-tunes charts and has broken some records as well. However, it is was the music

The stage is set for the Grammy Awards 2020 for Sunday, January 26, at the Staples Center in Los Angeles, USA. The 62nd Annual Grammy Awards ceremony will honour the best musicians and singers, followed by live performances by top artists.

The Grammy Awards 2020 was led by the women; Lizzo and Billie Eilish didn't just win the highest nominations with eight and seven, respectively, they also won big. Other women who won in terms of performances and fans were, Demi Lovato,

The Grammys 2020 was special for Demi Lovato fans, the singer came back on stage for the first time since 2018, after the near-fatal drug overdose in the summer two years ago. Demi made her public appearance last night first time

Justin Bieber released his new album Changes on Valentine's Day midnight. This is the first album he released since he went on a hiatus in November 2015 after the Purpose tour.  The record was led by Yummy, and Get

Justin Bieber just released his first album titled, Changes, since his Purpose tour in 2015. He recently sat down to talk about his life, music and more with Apple Music. During the interview, Justin broke down while talking about his young

BTS yesterday announced the entire tracklist for their upcoming album, titled, Map of the Soul: 7. The tracklist includes 15 new songs along with previous single, Boy With Luv, which features Halsey, and a brand new collaboration with Sia.  The

Nick Jonas turned judge for NBC's singing reality show, The Voice, and during a morning talk show opened up about the new role. He also teased an update about Jonas Brothers' upcoming new album while on NBC's Today and talked about touring

Lady Gaga has made her return to the pop music genre after three years. Stupid Love is a part of her upcoming sixth studio album. While no title or release date yet has been announced yet, fans are already waiting, since

Singer and songwriter Taylor Swift just released a new music video The Man from her latest album, Lover. Taylor earlier released a lyrical video for the song as well, while her music videos always have something unforgettable, this time she is

Coronavirus (COVID-19) has now spread over at least 53 countries and has infected more than 82,000 people with a death toll of more than 2,800 people. Since health scares have been increasing all over the world, it has also affected the

Lindsay Lohan seems to be "back" on the music scene after 12 years. The former child star-turned-singer shared a cryptic video on Twitter on Tuesday. Lohan posted a pre-save link, captioning it as "I'm back!" The 30 second-long clip shows moments

American Singer Pink took to her Instagram on Saturday, and shared that she and her three-year-old son, Jameson tested positive for the novel Coronavirus two weeks ago and have been cured after treatment. Pink shared a sweet picture of herself

Katy Perry on Saturday, announced the news of her firstborn, with fiance Orlando Bloom, through an Instagram post. The American singer didn't post a picture of her newborn, nor did she reveal her name, but shared a celebratory face of fiance Orlando Bloom,

Music artists Sam Smith and Demi Lovato have released their song I'm Ready. The two stars shared the track, which marks their first collaboration, on their respective social media accounts on Thursday. "SHE HAS ARRIVED I'm Ready with the incredible

Bon Jovi has announced that it has decided to cancel its 2020 summer tour with Bryan Adams due to the coronavirus pandemic. The popular rock band said it has decided to call off the tour rather than postponing it

The Havana hitmaker is the latest Hollywood personality to join the charity initiative, which aims to benefits organisations helping to feed people amid the coronavirus pandemic. Cabello, 23, made the announcement in a video she shared on Twitter on

The broader market outperformed, as the SP BSE Midcap index rose 1.4 percent higher, while the SP BSE Smallcap index was up 1.7 percent.

The Nifty Bank rose more than 1,200 points or 6.6 percent led by gains in Axis Bank, ICICI Bank, IDFC First Bank, Bandhan Bank and Federal Bank.

Top Nifty50 gainers include Sun Pharma, HDFC Bank, Infosys and Tata Motors.

The Nifty formed a bearish candle on the daily charts.

Sectorally, the action was seen in the Energy, Auto, FMCG, Oil Gas, Bankex, and Consumer Durable space while profit-taking was visible in realty, and capital goods, stocks.

The BSE Midcap index was down by 1.7 percent, while the Smallcap index fell 1.4 percent.

The Nifty formed a Gravestone Doji pattern on the daily charts.

Sectorally, the action was seen in BSE Finance index, which was up 3.5 percent, followed by the Bankex that closed 2.9 percent higher.

All eyes will be on the FOMC outcome later in the day, say experts. But, the strong rally on D-Street has set the tone for the Nifty to reclaim 9,600 and possibly head towards 10,000.

Reports of successful trials of a COVID-19 vaccine also influenced the mood of the market.

Investors lose nearly 6 lakh cr in a single trading session. The average market capitalisation of the BSE-listed companies fell from Rs 129.41 lakh cr recorded on April 30 to Rs 123.69 lakh cr on May 4.

"The abrupt end of the recovery has certainly caught the participants completely off-guard," said Ajit Mishra, VP - Research, Religare Broking.

Profit booking hit D-Street at higher levels as concerns over muted earnings, impact of extended lockdown and rising COVID-19 cases weighed on sentiment.