Top news on 31st May: India Q4 GDP data to be out today, Nifty, Market outlook, Shopping on Amazon to get expensive, Range Rover Sport SV debut, Petrol-Diesel Price, Rahul Gandhi’s Standford speech & more

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GDP data for Q4 out
today (31st May)

The GDP data for the fourth quarter is slated to be released today. B&K Securities has pegged India's GDP growth for FY23 to be around 7% [{ "selector": ".mtdqs-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 483px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".otxgb-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Q4 Earnings on 31st May: BN Holdings, Ushdev International

BN Holdings, Ushdev International, Mipco Seamless Rings, Rajendra Caterers & Confectioners, Macrotech Developers, Asian Vegpro Industries, Rallis India, Fedders Electric and Engineering and Rex Pipes and Cables Industries are among the companies that will report its Q4 earnings today (May 31) [{ "selector": ".xwbxa-a", "duration": "1750ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".snrni-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 430px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".aadml-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Share Markets Today: US debt agreement deal effect?

Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities Ltd, said, “Due to absence of cues from the US markets which were shut on Monday, local stocks witnessed cautious optimism with selective buying in banking and IT stocks. However, weakness in metals and oil & gas stocks limited the uptick. Investors are also awaiting the US debt agreement deal on Wednesday, as its outcome would determine the market direction in the near to medium term.” [{ "selector": ".ksljc-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 369px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".exenb-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Share Markets Today: Nifty, Sensex Outlook Today

“Technically, on the daily chart, the Nifty has formed a small body candle which clearly suggests the indecisiveness between bulls and bears. The intraday formation is also suggesting the continuation of a range bound activity in the near future. For bulls, 18,665 would be the immediate breakout level, above which the market could rally till 18,725-18,750. On the flip side, below 18,550, selling pressure is likely to accelerate till 18,500-18,475,” said Kotak Securities Ltd’s Shrikant Chouhan [{ "selector": ".bwqfr-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 369px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".sllfq-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Amazon: Shopping
may get costlier

Shopping on Amazon, starting today (31st May), is likely to get costlier as Amazon has increased the commission charges that it collects from its sellers [{ "selector": ".grglj-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 96px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".qxibd-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

PM Modi’s address in Ajmer

Prime Minister Narendra Modi will visit Ajmer in Rajasthan today (May 31). He will address a public meeting on the occasion of the completion of nine years of his government [{ "selector": ".czfxs-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 467px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".suauj-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

World No Tobacco Day

Union Health Ministry will launch a 60-day 'Tobacco Free Youth Campaign' today (31st May) to mark World No Tobacco Day [{ "selector": ".ffrot-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 467px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".cjfdw-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Petrol, Diesel Price today (31st May)

Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices today remained stable [{ "selector": ".jxmzc-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 441px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".sqbsr-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Rahul Gandhi’s speech at Stanford University

Congress leader Rahul Gandhi is set to speak at the prestigious Stanford University in the US’ Silicon Valley on 31st May. He is on a visit to the US for ten days [{ "selector": ".zamlc-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 479px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".zktqg-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

New Range Rover Sport SV debut today

Tata Motors-owned luxury car brand Jaguar Land Rover India will unveil its upcoming all-new Range Rover Sport SV today (May 31st). It is being touted as "the fastest, most dynamic and technologically advanced" version of the sports SUV till date [{ "selector": ".qlsue-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 95px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".eljtg-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

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