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Join us as we explore the Q4 results of REC Ltd 📈 a state-owned company focused on power sector 💡financing and development in India 👍 Learn about the significant increase in earnings for the March quarter & gain insights into REC Ltd's financial performance ❤️ Tune in now for the latest updates 📳 🎙️Listen Now 👉 https://spoti.fi/3wkANd2

A dividend yield calculator📱shows you the proportion of dividends paid to you per share compared to the price of the share ❤️ It is expressed in percentage terms, and it helps you ascertain an important part of the returns💰you get from investing in a particular stock 📈 Calculate Now 👉 https://bit.ly/4dB1WsM

The World Migration Report 2024, unveiled by the United Nations migration agency, highlighted this achievement. The global remittance landscape showed a strong recovery in 2022 from the impact of the COVID-19 pandemic, with migrants worldwide sending an estimated $831 Bn in remittances, up from $791 Bn in 2021 and $717 Bn in 2020. ———————x——————— Disclaimer: https://bit.ly/3usSGoH Sources: Angel One Research | Zeebiz | MoneyControl | CNBCTV18 | CNBCTV18 Date: May 10, 2024

💫 Market Metrics: Weekly Roundup ⭐ Sensex: 72,664.47 ⬇️ ⭐ Nifty 50: 22,055.20 ⬇️ ⭐ Nifty Bank: 47,421.10 ⬇️ ⭐ Nifty Smallcap 100: 16,106.75 ⬇️ ⭐ Nifty Midcap 100: 49.532.30 ⬇️ ……………………………………………………… ✨ Market Performance Key Takeaways For The Week 🌟 Nifty struggled to maintain its position above the critical support level of 22,000 amid a week marked by significant volatility. Despite favourable global cues, the market experienced notable price corrections. Prices faced downward pressure for most of the week, with attempts to rebound proving insignificant. By the week's end, prices witnessed a deep cut of 1.87%, ending just above the 22,050 mark. The weekly chart indicates a range-bound movement for several weeks, with prices shifting from the upper boundary to the lower boundary this week, signalling a notable shift in trader sentiment. 🌟 It was an extremely challenging week for Bank Nifty, with the index losing nearly 1,500 points. Except for the first day, the index faced consecutive days of lower lows. The week ended on a notably negative note, closing below the 47,500 level. The chart setup for Bank Nifty on a weekly basis has been compromised, marked by the formation of a bearish candlestick pattern known as 'Bearish Engulfing’. However, on a monthly basis, the weakness is less pronounced, suggesting caution moving forward and advising against outright bearishness. Support for Bank Nifty is now around the 47,000 - 46,700 zone, with resistance likely around 48,200 - 48,300. 🌟Looking at the daily chart, Nifty's price movement resembles a 'Rising Channel' pattern, indicating a defined range for the market. On Friday, prices managed to defend the lower boundary of this pattern, coinciding with the 89EMA, preventing a breakdown. A similar scenario occurred on April 19th, where prices rebounded from this crucial support, eventually reaching a new high. While the previous move was supported by a strong 'Piercing Line' bullish candlestick pattern, this time it's an 'Inside Bar' pattern, which is still bullish but less significant. 🌟 The index's weekly charts have consistently defended the 20-EMA since the beginning of the year, suggesting that despite the recent losses, there is still some underlying support. However, the formation of the 'Bearish Engulfing' pattern on the weekly chart indicates a potential shift in sentiment, warranting caution. ……………………………………………………… ✨ News Highlights For The Week 🌟 In the first quarter of 2024, China's Vivo became India's leading smartphone brand, surpassing Samsung, which dropped to third place. Vivo achieved this with a 19% market share, driven by its leadership in 5G technology. Xiaomi and Samsung followed closely with 18.8% and 17.5% market share, respectively, as per Counterpoint Research's report released on May 9. 🌟 HDFC Bank, India's top private sector bank, announced the winners of its Parivartan Startup Grants program for FY2024. This year, 41 incubators and accelerators in social impact entrepreneurship will receive grants totaling ₹19.6 Cr. These grants will support 170 startups focusing on specific areas. The majority of the awardees are from Maharashtra, with others from states like Uttar Pradesh, Tamil Nadu, Karnataka, Rajasthan, Delhi, and Haryana. Over half of the 170 startups are based in more than 60 tier II/III cities. 🌟 In April 2024, Systematic Investment Plan (SIP) inflows exceeded ₹20,000 Cr. for the first time, hitting a record high of ₹20,371.47 Cr, as per data from the Association of Mutual Funds in India (AMFI). This figure surpassed the previous month's SIP contributions of ₹19,270.96 Cr. The increase in SIP inflows has also boosted the industry's Net Asset Under Management (AUM) to ₹57.26 Lac Cr. in April 2024, up from ₹53.40 Lac Cr. in March 2024. 🌟 In 2022, India led the world in receiving remittances, exceeding $111 Bn, a historic milestone surpassing the $100 Bn mark. Following India were Mexico, China, the Philippines, and France.

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Will Godrej Group Split ⚡️Incur Capital Gains Tax? ❤️ Watch Now 👉 https://youtube.com/shorts/OIn-UrStUR0

Jab beer 🍻 ki baat ho aur kingfisher ka naam na aaye, India mein kya aisa ho sakta hai? 🤩 Today, let’s explore the company behind Kingfisher beer 🍺 In this episode, Rohan will take you through the journey of United Breweries ❤️ the Kingfisher maker that started back in 1915 👍 and has cemented its legacy over time 🚀 🎙️Listen Now 👉 https://spoti.fi/4bQIgQb

Check out Episode 24 of Commodity Pulse where we show you latest trends from the world of commodities 📊 See what's happening with gold 💛 learn about the twists in the crude oil market 🛢️ and discover the downturns in the metals sector 📉 Watch now for key insights 👍

TVS Holdings to Acquire 80.74% Stake 📈 in Home Credit India ❤️ Read More 👉 https://bit.ly/4bAWmoj