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Today’s Stock Market: Top Ten Things to Know Before the Market Opens

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3 years ago

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Today’s Stock Market: Top Ten Things to Know Before the Market Opens

The BSE Sensex jumped 1,041 points or 1.9 percent to close at 55,926, while the Nifty50 surged 309 points to 16,661. The key resistance levels to watch out for are 16,736 and 16,810.

Asian shares lower in Tuesday morning trade. Investors watch for reaction to official Chinese factory activity data for May. Nikkei 225 in Japan dipped 0.27 percent, while the Topix index declined 0.29 percent. Kospi in South Korea shed 0.08 percent and Hang Seng index traded 0.15 percent lower.

The Nifty futures were trading around 16,601 levels on the Singaporean exchange. The broader index in India had a negative opening with a loss of 46 points (0.06%) to 16,744.50 on Friday morning.

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Oil prices have risen as a result of the EU’s ban on most Russian crude imports.

Brent crude futures for July gained 33 cents to $122 a barrel at 0054 GMT. US West Texas Intermediate (WTI) crude futures were trading at $117.31 a barrel, up $2.24 from Friday’s close. There was no settlement on Monday due to a US public holiday.

In the fourth quarter, LIC’s net profit fell by 17% to Rs 2,409 crore.

LIC reported a net profit of Rs 2,409 crore for the quarter ending March 2022. Net profit for the entire fiscal was reported as Rs 4,043.12 crore. Total revenue in Q4 FY22 was 11.64 percent higher as compared to last year.

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LIC reported a net profit of Rs 2,409 crore for the quarter ending March 2022. Net profit for the entire fiscal was reported as Rs 4,043.12 crore. Total revenue in Q4 FY22 was 11.64 percent higher as compared to last year.

IRCTC net profit doubles to Rs 216 crore in Q4, revenue increases to Rs 690.9 crore. EBITDA was up 92 percent YoY at Rs 278.5 crore. Fed needs to move interest rates much higher, Christopher Waller said.

Foreign investors bought shares worth Rs 502.08 crore on May 30. Domestic institutional investors (DIIs) remained net buyers, to the tune of Rs 1,524.49 crore. South Korea’s April factory output shrinks most in 2 yrs, service output expands.

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Tollywood

Pushpa 2 The Rule advance booking tracking better than RRR, Jawan in the US; crosses $1.4 million with 10 days to go

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3 weeks ago

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November 26, 2024

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Pushpa 2 The Rule advance booking tracking better than RRR, Jawan in the US; crosses .4 million with 10 days to go

Pushpa 2 The Rule has already crossed $1.4 million in advance bookings in North America even though the release is 10 days away.

Allu Arjun‘s Pushpa 2: The Rule is still nine days from its theatrical release but is already breaking box office records. The film is set for a grand release worldwide, and if its US pre-sales are any indication, it will likely get a bumper opening. The film is already tracking better than blockbusters like RRR and Jawan in the US. (Also read: Pushpa 2 trailer reactions: Allu Arjun fans predict blockbuster, cheer for Fahadh Faasil’s entry scene)

Pushpa 2’s US tsunami

On Monday, trade tracker Venky Box Office shared the film’s advance booking collections for its US premiere. Taking to X (formerly Twitter), the trade analyst tweeted, “#Pushpa2TheRule USA Premiere Advance Sales: $1,383,949 – 900 Locations – 3420 Shows – 50008 Tickets Sold.”

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By Sunday evening, Pushpa 2 had sold over 50,000 tickets in the US, with the release 10 days away. The tweet added that North American advance booking collections had crossed $1.458 million (around ₹12 crore), ‘which is a record’.

Trade analysts say that the film is set to cross $1.5 million with nine days to go, which means it is outpacing SS Rajamouli’s RRR and Shah Rukh Khan-starrer Jawan, the two biggest Indian movies in the US in recent times. Both films grossed over $15 million each in North America and are among the top five highest-grossing Indian films in the continent. Pushpa 2 is matching the pace of Shah Rukh’s other 2023 blockbuster, Pathaan, and is just behind the all-time record holder for India in the US – Baahubali 2 (which earned $20 million in the territory).

All about Pushpa 2: The Rise

Directed by Sukumar, Pushpa 2: The Rise is the sequel to the director’s 2021 pan-India hit Pushpa: The Rise. It brings back Allu Arjun as the titular anti-hero, alongside Rashmika Mandanna and Fahadh Fassil. The film, touted to be one of the biggest Indian productions ever, is set to hit the screens on December 5.

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