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Indian markets ended higher on May 20, with Sensex gaining 118 points and investor wealth surging over ₹1 lakh crore. Analysts expect a strong opening on May 21, helped by easing global tensions and falling oil prices. Hariprasad K said, "Indian equity markets are likely to begin today's session on a strong bullish note."
Indian stocks are set for a good start today, May 21st, with Gift Nifty showing a positive trend. Yesterday, May 20th, the Sensex and Nifty closed a bit higher. Experts say "Indian markets are expected to open with a positive undertone," thanks to falling oil prices and hopes for peace talks.
LIC is announcing its March quarter results today, and everyone's watching for growth and profits. Brokerages expect good news, with "healthy growth in new business premiums" thanks to smart product choices. They're also looking at how LIC is handling competition and its market share.
Gold and silver prices went up on Thursday, May 21, as worries about inflation and US-Iran tensions pushed people to safe investments. Even though there's talk of peace, energy supply worries keep gold prices steady. Experts said "renewed US-Iran tensions have lifted inflation fears."
SoftBank shares jumped 20% on Thursday, May 21, thanks to big news. Nvidia's strong results and OpenAI possibly filing for its IPO soon boosted SoftBank's investments. Plus, SB Energy is planning its own IPO. This surge shows SoftBank is "eyeing growth" with its AI and tech ventures.
Nvidia just blew past expectations again, thanks to huge demand for their AI chips! They made a massive USD 81.62 billion in revenue. CEO Jensen Huang said, "The buildout of AI factories... is accelerating." This shows how important their chips are for the future.
Gold prices stayed steady on Thursday, with hopes of a U.S.-Iran peace deal balancing worries about inflation and interest rates. U.S. Treasury yields and oil prices dropped as talks progressed. The Revolutionary Guards warned, "If aggression against Iran is repeated, the promised regional war will extend beyond the region this time."
Insurance companies might soon invest more in real estate and infrastructure trusts! The regulator is looking at a combined 6% limit, up from 3% each. This comes after strong interest in recent infrastructure offerings, with people saying, "insurers would not get 6% separately." It's a move to help them invest in these long-term yield assets.
Wall Street stocks jumped on Wednesday, May 20, as President Trump said talks with Iran are nearing an end. The Dow Jones gained over 650 points, ending a losing streak. However, futures are now down, and oil prices fell sharply. Investors are watching for more news from West Asia.
Investing in SIPs for a long time makes your money grow steadily and safely. A study showed that for 8 years or more, all SIPs made money, unlike shorter periods with big ups and downs. As Madhu Nair said, "SIPs work well only over longer tenures."
Wow, get this! Parle Industries' stock shot up because people thought it was the company that makes Melody toffees. A video of the PM with the Italian PM caused the mix-up. Some traders mistakenly bought shares, thinking it was the famous candy maker, not the small software company. It's wild how names can cause such confusion!