INDIAN STOCK MARKET NEWS

📊 Top Dividend Stocks to Consider for 2024 and Beyond 📊 📮 Dividend investing is a popular strategy that many investors find lucrative. However, is it a good strategy to rely on in the long run? Let's try to understand that today. 📮 Instead of receiving a lump sum cash, in dividend investing you receive portions of the same cash flow with a higher opportunity cost. 1️⃣ ITC 2️⃣ TCS 3️⃣ HUL 4️⃣ Infosys 5️⃣ Bajaj Finance 📮 These stocks often offer stability and consistent income through dividend payments, which can be particularly attractive for those seeking regular returns or looking to supplement their investment portfolio with income. 📮 Additionally, these companies typically have established track records, solid financials, and may be less volatile compared to their peers.

🚨 Visa-Free travel between Russia & India by the end of the year. 🇮🇳🇷🇺 Consultations on a bilateral agreement to ease travel between the nations will begin in June. India is "at the final stage of internal state coordination", says Nikita Kondratyev, Russian Minister. (RT)

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📊 JSW Steel announces acquisition of Mozambique-based mining firm for coking coal supplies 📊 📮 JSW Steel said that its board has approved acquisition of Mozambique-based mining company Minas de Revuboe (MDR), as the steelmaker looks to benefit from MDR's high-quality coking coal, crucial for steel production. 📮 The acquisition worth $73.8 million will help JSW Steel to gain access to more than 800 metric tonnes of premium hard coking coal reserves in Mozambique

📊 Which Companies Manufacture Spacetech Equipment in India 📊 📮 In a triumphant moment for Indian space exploration in 2023, ISRO's Chandrayaan-3 mission successfully delivered the Vikram lander and Pragyan rover to the Moon's south pole. 📮 This accomplishment not only brings immense pride to India but also marks a significant milestone in the nation's spacefaring ambitions. 1️⃣ Avantel 2️⃣ Data Patterns 3️⃣ Larsen & Toubro 4️⃣ MTAR Technologies 5️⃣ Mishra Dhatu Nigam 6️⃣ BHEL 7️⃣ HAL 📮 Moving forward, the Indian government's decision to allow 100% investment under the automatic route for manufacturing components, systems, and sub-systems for satellites, along with the facilitation of FDI in various aspects of the space sector, signifies a significant step towards fostering growth and innovation in the industry.

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BREAKING: The Wall Street Journal reports that Microsoft is asking 'hundreds of employees' who are based in China and working on cloud-computing and artificial intelligence to 'consider transferring outside the country'

🚨 Indian software giant 'Zoho' is planning to enter the semiconductor sector with an investment of $700 million in chip manufacturing. (Reuters)

🚨 India's overall trade in April 2024. (Merchandise + Services) Exports - $64.56 billion. Imports - $71.07 billion. Trade deficit - $6.51 billion.

✨Sector in Focus: Metals 🚨 US President Joe Biden imposes 25% tariffs on steel and aluminum imports from China to assert dominance ✨8 Indian steel and aluminum producers that could benefit from this tariff 🔶Tata Steel Ltd 🔶Jindal Stainless Ltd 🔶Sarda Energy & Minerals Ltd 🔶PTC Industries Ltd 🔶JSW Steel Ltd 🔶Hindalco Industries Ltd 🔶Gravita India Ltd 🔶Maan Aluminium Ltd