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Is the Indian Stock Market Closed Today due to the Lok Sabha Elections?

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This month, on May 1, the Stock Market was closed except on May 20 owing to Maharashtra Day, which marks the anniversary of the state of Maharashtra’s creation on May 1, 1960.

On May 20, there will be a notable closure of both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). This is because the second vacation of the month falls on the fifth voting phase of the Lok Sabha Election 2024 in Mumbai. Since all six of the city’s seats are scheduled for polling, the shutdown is consistent with the seven-phase election.

This month, on May 1, the market was closed except on May 20 owing to Maharashtra Day, which marks the anniversary of the state of Maharashtra’s creation on May 1, 1960. This came after the Indian states were reorganised linguistically.

Also Read Today’s Stock Market Trading Guide: Dow Jones, Gift Nifty, and Go Digit IPO.

The Maharashtra Lok Sabha elections are divided into five parts. The dates of the first four phases are April 19, April 26, May 7, and May 13, respectively. The last stage is scheduled for May 20. On June 4, the votes will be counted.

Maharashtra banks will be closed on May 20 due to the general election’s fifth phase. Thirteen of the state’s forty-eight Lok Sabha constituencies—Dhule, Dindori, Nashik, Kalyan, Palghar, Bhiwandi, Thane, Mumbai North, Mumbai North-West, Mumbai North-East, Mumbai North-Central, Mumbai South-Central, and Mumbai South—will be voting in this phase.

Here’s a list of market holidays in 2024 –

  • May 20 – General Elections
  • June 17- Bakrid
  • July 17- Muharram
  • August 15- Independence Day
  • October 2- Gandhi Jayanti
  • November 1- Diwali
  • November 15- Guru Nanak Jayanti
  • December 25- Christmas

Stock Market Update

The Sensex and Nifty 50, which are key domestic stock market indicators, concluded Saturday’s trading session with upward momentum. This extends their recent three-day rally, which was buoyed by fresh foreign investments and favourable global signals. Every sectoral index finished in positive territory, with small and mid-cap indices surpassing the benchmarks in performance.

The 30-share BSE Sensex finished at 74,005.94 during the second special trading session, up 88.91 points, or 0.12%. The NSE Nifty 50 increased by 35.90 points, or 0.16%, to 22,502.00. The Nifty SmallCap 100 increased by 0.82%, while the Nifty Midcap 100 experienced a 0.51% increase in the overall market. The India VIX, a measure of anxiety, had a 3.67% surge in closure on Saturday.

Plans for a specific trading session in the stocks and equity derivative divisions scheduled on May 18 were revealed by the BSE and NSE on May 7. This session assesses their readiness to handle significant disruptions or outages at the main site.

Saudi King Salman to Get Lung Inflammation Treatment at Palace.

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According to the state-run Saudi Press Agency, King Salman Bin Abdulaziz of Saudi Arabia is undergoing antibiotic treatment at Al Salam Palace in Jeddah due to lung inflammation.

Who is Saudi Arabia’s King Salman?

King Salman held positions as Defence Minister and Governor of the central Riyadh region before to ascending to the throne of Saudi Arabia. He has been 88 years old and king or queen since 2015.

Mohammed bin Salman, his son, is widely regarded as the de facto ruler of the nation and was named crown prince in 2017.

The Kingdom at the time denied rumours that the king was getting ready to abdicate and give way to his son.

In 2020, King Salman had surgery to remove his gallbladder.

In March 2022, he was hospitalized to change the battery of his pacemaker.

Since stepping into the limelight, the crown prince has implemented social and economic reforms in an apparent push to make Saudi Arabia less reliant on oil in the future.

Saudi Arabia has undertaken major construction projects, including building the desert city of Neomunder Mohammed bin Salman, with the goal of increasing tourism to the kingdom.

The prince has also overseen a crackdown on dissent.

Also Read IPL 2024 RCB vs CSK Highlights: Royal Challengers Bengaluru Wins by 27 Runs, Qualifies for Playoffs; Chennai Eliminated.

According to the state-run Saudi Press Agency, King Salman Bin Abdulaziz of Saudi Arabia is undergoing antibiotic treatment at Al Salam Palace in Jeddah due to lung inflammation.

The 88-year-old monarch suffered joint pain and a high fever, the agency said early on Sunday. At the Royal Clinics at Al Salam Palace, he was examined by medical professionals.

He was admitted to the hospital in April and then left after receiving a standard examination, according to SPA at the time.

Since 2015, King Salman has been in charge of the biggest oil exporter in the world. Most of Saudi Arabia’s daily operations are managed by his son, Crown Prince Mohammed bin Salman III.

This week, the crown prince was supposed to make his uncommon journey outside of the Middle East—to Japan. The Japanese government stated that MBS, as he is known, was scheduled to meet with Prime Minister Fumio Kishida during the May 20–23 visit.

Also Read France Declares State Of Emergency In New Caledonia As Protests Rage

He met with US National Security Advisor Jake Sullivan on Sunday to discuss the war in Gaza and the “nearly final version” of draft strategic agreements between Saudi Arabia and the US, SPA said.

The two countries are nearing a historic pact that would offer the kingdom security guarantees and lay out a possible pathway to diplomatic ties with Israel, Bloomberg has reported.

Prince Mohammed also recently met with regional leaders including Jordan’s King Abdullah II on the sidelines of the 33rd Arab Summit in Bahrain.

Story Link: Saudi King to Undergo Medical Tests Due to Fever, Joint Pain (1)

IPL 2024 RCB vs CSK Highlights: Royal Challengers Bengaluru Wins by 27 Runs, Qualifies for Playoffs; Chennai Eliminated.

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Watch every moment of the Royal Challengers Bengaluru vs. Chennai Super Kings (RCB vs CSK) IPL 2024 match that took place at the M. Chinnaswamy Stadium in Bengaluru.

Royal Challengers Bengaluru vs. Chennai Super King 2024

RCB vs CSK

Royal Challengers Bangaluru win by 27 runs

  • Venue & Date – Match 68 , M.Chinnaswamy Stadium , Bangalore , India , May 18 19:30 IST
  • Toss – Chennai Super Kings won the toss and elected to bowl.

Royal Challengers Bengaluru vs Chennai Super Kings 2024 Point Table

Royal Challengers Bengaluru (RCB INN)

BATTING–RB4s6sSR
Virat Kohlic D. Mitchell b M. Santner472934162.07
Faf du PlessisRun Out Mitchell Santner543933138.46
Rajat Patidarc D. Mitchell b S. Thakur412324178.26
Cameron GreenNot Out381733223.53
Dinesh Karthikc M. Dhoni b T. Deshpande14611233.33
Glenn Maxwellc M. Dhoni b S. Thakur16521320.00
Mahipal LomrorNot Out01000
Yash Dayal––––––
Karn Sharma––––––
Mohammed Siraj––––––
Lockie Ferguson––––––
Extras8
TOTAL218/520 Ov (RR: 10.90)

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FALL OF WICKETS

1 – 78 (Virat Kohli , 9.4 ov), 2 – 113 (Faf du Plessis , 12.6 ov), 3 – 184 (Rajat Patidar , 17.4 ov), 4 – 201 (Dinesh Karthik , 18.5 ov), 5 – 218 (Glenn Maxwell , 19.5 ov)

BOWLINGOMRWWDNBECON
Tushar Deshpande404914012.25
Shardul Thakur406120015.25
Maheesh Theeksana40250106.25
Mitchell Santner40231005.75
Ravindra Jadeja304000013.33
Simarjeet Singh101902019.00

Chennai Super (CSK INN)

BATTING–RB4s6sSR
Ruturaj Gaikwadc Y. Dayal b G. Maxwell01000.00
Rachin RavindraRun Out Swapnil Singh613753164.86
Daryl Mitchellc V. Kohli b Y. Dayal460066.67
Ajinkya Rahanec F. du Plessis b L. Ferguson332231150.00
Shivam Dubec L. Ferguson b C. Green7150046.67
Ravindra JadejaNot Out422233190.91
Mitchell Santnerc F. du Plessis b M. Siraj340075.00
MS Dhonic S. Singh b Y. Dayal251331192.31
Shardul ThakurNot Out120050.00
Tushar Deshpande––––––
Maheesh Theeksana––––––
Simarjeet Singh––––––
Extras15
TOTAL191/720 Ov (RR: 9.55)

FALL OF WICKETS

1 – 0 (Ruturaj Gaikwad , 0.1 ov), 2 – 19 (Daryl Mitchell , 2.2 ov), 3 – 85 (Ajinkya Rahane , 9.1 ov), 4 – 115 (Rachin Ravindra , 12.6 ov), 5 – 119 (Shivam Dube , 13.4 ov), 6 – 129 (Mitchell Santner , 14.6 ov), 7 – 190 (MS Dhoni , 19.2 ov)

BOWLINGOMRWWDNBECON
Glenn Maxwell40251106.25
Mohammed Siraj40351108.75
Yash Dayal404220010.50
Swapnil Singh20130106.50
Karn Sharma101400014.00
Lockie Ferguson303910213.00
Cameron Green20181109.00

ROYAL CHALLENGERS BENGALURU WIN BY 27 RUNS

TOP BATSMEN
PlayerRuns (Balls)
Rachin Ravindra61 (37)
Faf du Plessis54 (39)
TOP BOWLERS
PlayerOvers
Shardul Thakur4
Yash Dayal4

In a thrilling encounter, the Royal Challengers Bengaluru (RCB) emerged victorious over the Chennai Super Kings (CSK) by 27 runs, securing their place in the playoffs of IPL 2024. Rachin Ravindra’s explosive 61 off 37 balls and Faf du Plessis’s solid 54 off 39 balls laid a strong foundation for RCB. On the bowling front, Shardul Thakur and Yash Dayal delivered crucial spells, each taking two wickets, helping RCB to restrict CSK effectively.

Despite a valiant effort, CSK couldn’t chase down the target, leading to their elimination from the tournament. This win not only bolsters RCB’s confidence as they head into the playoffs but also marks a disappointing end to CSK’s campaign. RCB’s all-round performance highlights their potential as strong contenders for the title this season.

Swati Maliwal Case: ‘Slapped 7-8 Times, Kicked in Chest, Stomach’, FIR Details Against Arvind Kejriwal’s PA Bibhav Kumar.

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Swati Maliwal detailed a harrowing account, accusing Mr Kumar of slapping her 7-8 times on the face and hitting her chest, stomach, and sensitive parts.

Slapped, dragged, and kicked in the chest – AAP leader Swati Maliwal’s complaint against Bibhav Kumar, an aide of Delhi Chief Minister Arvind Kejriwal, raises serious charges of assault. Ms. Maliwal claims that on Monday morning, she was assaulted by Mr. Kumar in the drawing room of the Chief Minister’s official residence, with Mr. Kejriwal present in the house at the time.

In the FIR filed last night, Ms Maliwal said she arrived at Arvind Kejriwal’s home at 6, Flag Staff Road, Civil Lines, and attempted to contact the chief minister’s aide but received no response. She said she informed the staff of her presence and was asked to wait in the drawing room.

She alleged that while she was waiting, Bibhav Kumar burst into the room and started verbally abusing her. Ms Maliwal gave harrowing details, accusing Mr Kumar of slapping her seven times on the face and hitting her chest, stomach, and sensitive parts. “Bibhav came and started abusing and kept slapping without provocation,” Ms Maliwal claimed in her complaint. “I made noise and said ‘Let me go’, but he kept beating me continuously and abusing me in Hindi. He threatened, ‘We will see, we will deal with it’. I informed him that I was menstruating and in considerable pain, begging him to leave me alone.”

Also Read IPL 2024: Less Than 2 Weeks to Final Showdown

“I felt absolutely shocked and was screaming for help over and over again. In order to protect myself, I pushed him away with my legs. At that time, he pounced on me, brutally dragged and deliberately pulled my shirt up,” the FIR reads. “Bibhav Kumar did not relent and attacked me by kicking me in my chest, stomach and pelvis area with his legs.”

Ms Maliwal added in her complaint that she managed to run out of the house and call the police.

“I was in a terrible state of shock at this attack. I was deeply traumatised and called the 112 number and reported the incident,” Mr Maliwal stated in the FIR.

When the security personnel arrived, instead of assisting Ms Maliwal, they allegedly followed Mr Kumar’s instruction to throw her out. Despite her condition, she was forced to leave and wait outside the Chief Minister’s residence until the police arrived.

“Bibhav came back with the security personnel working at the main gate. I kept telling them that I was brutally beaten up and they should look at my condition and wait until the police comes but they asked me to leave the premises,” Ms Maliwal’s statement reads.

Late last night, Delhi Police escorted Ms Maliwal to the AIIMS Trauma Centre for a medical checkup. When the police reached Mr Kumar’s residence in the Chandrawal Nagar area of the national capital, he was missing. Teams from the Crime Branch and Special Cell are looking for Mr Kumar, aiming to bring him into custody.

The Delhi Police registered an FIR under multiple sections of the Indian Penal Code, including assault or criminal force on a woman with intent to outrage her modesty, criminal intimidation, insulting modesty, and assault. The FIR was filed after Ms Maliwal’s statement was recorded by a police team led by Additional Commissioner PS Kushwaha.

The National Commission for Women (NCW) has stepped into the controversy, summoning Mr Kumar for a hearing today.

Following the police visit, Ms Maliwal posted on social media about the distressing experience and appealed against politicising the issue.

“What happened to me was very bad. I have given my statement to the police on the incident that happened to me. I hope that appropriate action will be taken. The last few days have been very difficult for me. I thank those who prayed for me. Those who tried to do character assassination said that I was doing it on the instructions of a party. May God keep them happy too. An important election is underway in the country. Swati Maliwal is not important, the issues of the country are important. There is a special request to the BJP to not do politics on this incident,” Ms Maliwal posted last night.

Mamata Banerjee, “PART OF INDIA” “You should not trust,” Adhir Ranjan says.

The incident has triggered a political storm. The BJP has heavily criticized Mr Kejriwal for his silence, with its spokesperson Gaurav Bhatia even going as far as labeling Mr. Kejriwal the “main criminal” due to his apparent inaction during the assault.

Mr Kejriwal deflected questions regarding the incident during a press conference in Lucknow yesterday, where he appeared alongside Samajwadi Party (SP) chief Akhilesh Yadav and AAP MP Sanjay Singh. Mr Singh, addressing the press, acknowledged Mr Kumar’s misconduct and deflected criticism towards the BJP, demanding accountability for various women’s issues under their governance.

The Congress, allied with AAP in the opposition INDIA bloc for the upcoming Lok Sabha elections, echoed similar calls.

Kapil Sibal calls Amit Shah’s Bail Statement to Kejriwal “Objectionable.”

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Rajya Sabha MP Kapil Sibal on Thursday hit out at Home Minister Amit Shah over his reported “special treatment” remarks on the interim bail to Delhi Chief Minister Arvind Kejriwal, saying it was an “objectionable statement” that questioned the intention of the Supreme Court judges.

Sibal’s remarks came after Shah while referring to the interim bail granted by the Supreme Court to Kejriwal, reportedly said many in the country believed he was given special treatment.

Also Read Mamata Banerjee, “PART OF INDIA” “You should not trust,” Adhir Ranjan says.

The Supreme Court on Thursday steered clear of the political talk about it has made an exception for Kejriwal in granting him interim bail for campaigning in the Lok Sabha polls but said: “critical analysis of the judgment is welcome”.

Addressing a press conference in the national capital, Sibal said, “Shah has made an objectionable statement and questioned the intention of the Supreme Court judges.”
Shah has stated very cleverly that many people are saying the Supreme Court’s decision to grant interim bail to Kejriwal in the excise policy case is akin to him getting special treatment, he added.

“He (Shah) has said ‘people are saying’. If people are saying and you don’t believe in it, then why say it? If people say and you believe it, then only you have made the statement,” said Sibal, who is also a senior advocate.

Sibal said it is important to spell out the laws in light of the statement.

“If someone is convicted but gets a stay from the court, he or she can file a nomination and get elected. If there is a charge sheet against anyone, a person can campaign and also file a nomination, like Brij Bhushan Sharan Singh is doing,” the Rajya Sabha MP said.

“One who just has allegations against him cannot campaign, what kind of a statement is this?” Sibal said, hitting out at Shah.

He probably does not know the law, otherwise he would not have made the statement, Sibal said.

Also Read “Desh mein koi maai ka laal,” Attacks the INDIA Party for Spreading False Information Regarding CAA.

Slamming Shah, Sibal said, “He (Shah) says ‘if we win 400 seats, we will take back PoK’. What if you don’t get that many seats, won’t you take back PoK? We want you to take it back. Firstly, you should take back those 4,000 kilometers that China has taken away…”
Asked about the alleged assault on AAP MP Swati Maliwal at Kejriwal’s residence, Sibal said, “Why is he (Shah) worried about this (Maliwal assault case)? It’s an internal matter of AAP. You think about Prajwal (Revanna), why don’t you give statements on that? That is the internal matter of JD(S), you are silent there and the prime minister is also silent.

Mamata Banerjee, “PART OF INDIA” “You should not trust,” Adhir Ranjan says.

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On Wednesday Mamata Banerjee – who had seemed to put her membership of the INDIA bloc on hold – said she would provide “outside support” in the event the group won the 2024 Lok Sabha election.

The Congress’ Bengal boss, Adhir Ranjan Chowdhury, on Thursday, weighed in on the ‘is she, isn’t she’ll debate over Mamata Banerjee’s membership of the INDIA bloc, shortly before the Chief Minister said she remains a key part of the opposition grouping, which she called her “brainchild”.

Also Read “Desh mein koi maai ka laal,” Attacks the INDIA Party for Spreading False Information Regarding CAA.

On Ms Banerjee’s “… will provide outside support (if the group wins the election)” comment Wednesday, Mr Chowdhury declared, “I don’t trust her… she left the alliance. She can also go towards the BJP.”

“What she will do from outside (the alliance) or inside… I don’t know. That you have to ask her,” the Congress leader told reporters, “But I don’t trust her. She left the alliance… she could even run to BJP.”

Mr. Chowdhury – there is little love lost between him and Ms. Banerjee, a fact underlined by the latter yesterday explicitly stating “… INDIA alliance doesn’t count Bengal Congress…” – also said, “Whatever complaints she has (about the bloc) she should have raised earlier when it was created.”

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Mr Chowdhury further pointed out the apparent U-turn came after polling for nearly 70 per cent of all Lok Sabha seats, with the opposition bloc claiming big advances in its bid to oust the ruling BJP.

“They (referring to the BJP) were talking about destroying Congress and that Congress would not get 40 seats… but now (what) she is saying means Congress and INDIA are coming to power,” he said, appearing to suggest Ms Banerjee’s about-face followed a realisation the BJP will likely be defeated.

A day earlier Ms Banerjee – who had put her membership of the bloc on hold after public spats over seat-sharing deals – declared she would provide “outside support” in the event of an election win.

“We will give leadership to INDIA and help… from outside. We will form a Mamata Banerjee government so our Bengal mothers and sisters… and those who work in 100-days job scheme do not face problems,” she said.

This afternoon, at a poll rally in Tamluk, Ms Banerjee underlined her position, saying, “I am very much part of INDIA… it was my brainchild. We are together at national level and will continue to be together.”

Ms Banerjee did, though, make it clear – yesterday and today – that she does not see the Congress’ state unit and the CPM, as allies. The Congress and the CPM, which is also part of the INDIA bloc, are allied in Bengal (but rivals in Kerala), but have fielded candidates against the Trinamool.

The Bengal Chief Minister Mamata Banerjee has frequently attacked the Mr Chowdhury-led Congress unit, and the CPM, as having unofficially joined the BJP. “They are not with us… they are with the BJP here.”

Earlier this year, as the Congress was scrambling to confirm seat-share deals with INDIA allies ahead of voting for the 2024 Lok Sabha election, Ms Banerjee – seen as one of the group’s more cantankerous members – refused to play ball, insisting she would not give up more seats to that party than necessary.

She pointed to the Congress’ abysmal record in the 2019 election – in which it won just two of 42 seats – and insisted her party had the best chance to defeat the BJP in the state.

Bengal has 42 Lok Sabha seats, of which the Trinamool won 22 last time and the BJP got 18, and Ms Banerjee reasoned the Congress simply did not have the clout to stop the saffron party in the state.

After a tension-filled few weeks in January and February, Ms Banerjee walked away from the bloc.

JEE Advanced Marks vs Ranks 2024: Check Category Wise Qualifying Marks, Previous Year Marks v/s Rank.

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JEE Advanced 2024 Marks v/s Rank will allow the candidates to understand what can be their rank against their JEE Advanced score. The marks v/s rank for JEE Advanced 2024 are available on this page. Based on the JEE Advanced marks v/s rank data, candidates will be able to set a goal for themselves for the upcoming JEE Advanced exam. Read below to know all the details.

JEE Advanced Marks v/s Rank 2024: Candidates going to appear for JEE Advanced 2024, must be curious at this moment about how much marks they need to score to get a good rank in the JEE Advanced exam. So to help the candidates with this, we have prepared a table here for JEE Advanced 2024 marks v/s rank. The data is based on previous years’ JEE Advanced marks v/s rank available. It is expected that this year the candidates scoring 190+ marks out of 360 will get JEE Advanced 2024 ranks between 1 to 500 in CRL. However, it is to be noted that JEE Advanced total marks vary each year. From 2021 to 2023, the total marks in JEE Advanced have been 260. However, before that total marks varied each year. Also, this year, the competition is expected to be tougher in JEE Advanced as the JEE Mains 2024 registrations have been higher and the candidates have scores unexpectedly high in session 1 exams. Check the complete analysis of JEE Advanced marks v/s rank data from the past few years below.

JEE Advanced 2024: Admit Card, Exam Date (26 May), Syllabus, Pattern, Previous Year Papers.

JEE Advanced Marks v/s Rank 2024

Based on the analysis from the past few years’ marks v/s rank trend of JEE Advanced, the following table for JEE Advanced 2024 marks v/s rank has been prepared.

Marks out of 360 ( for CRL)Ranks
190+1-500
190-170501-1000
170-1551001-1500
154-1451501-2000
146-1352001-2500
136-1302501-3000
129-1253001-3500
124-1203501-4000
119-1154001-4500
114-1104501-5000

JEE Advanced 2024 Marking Scheme for Ranking

This year the aggregate marks for JEE Advanced 2024 were as follows in paper 1 and paper 2:

  • Maximum Aggregate Marks: 360 (180 in each of the two papers).
  • Maximum Physics Marks: 120 (60 in each of Papers 1 and 2).
  • Maximum Chemistry Marks:120 (60 in each of Papers 1 and 2).
  • Maximum Mathematics Marks: 120 (60 for each of the two papers).

How are the JEE Advanced 2024 ranks decided?

The ranking will be done based on the total aggregate marks that is out of 360. In case there is a tie between 2 or more candidates, the following tie-breaking criteria will be applied:

  • Candidates with higher positive marks will be awarded a higher rank. 
  • If a tie exists then a higher rank will be assigned to the candidate who has obtained higher marks in Mathematics.
  • If this does not break the tie, a higher rank will be assigned to the candidate who has obtained higher marks in Physics.
  • If there is a tie even after this, candidates will be assigned the same rank.

JEE Advanced 2024 Qualifying Marks or AIR List

Note that to be able to get a place in JEE Advanced 2024 rank list candidates must get minimum aggregate percentage marks in the exam as set by the authorities. The candidates scoring below such percentage for their category will not be considered for the ranking. The JEE Advanced 2024 qualifying percentage for AIR list is as follows:

Rank ListMinimum percentage of marks in each subjectMinimum percentage of aggregate marks
Common rank list (CRL)10.035.0
GEN-EWS rank list9.031.5
OBC-NCL rank list9.031.5
SC rank list5.017.5
ST rank list5.017.5
Common-PwD rank list (CRL-PwD)5.017.5
GEN-EWS-PwD rank list5.017.5
OBC-NCL-PwD rank list5.017.5
SC-PwD rank list5.017.5
ST-PwD rank list5.017.5
Preparatory course rank lists2.58.75

JEE Advanced Marks v/s Rank (2023)

Based on the analysis from the past few years’ marks v/s rank trend of JEE Advanced, the following table for JEE Advanced 2024 marks v/s rank has been prepared.

JEE Advanced Score out of 360JEE Advanced Rank in Common Rank List (CRL)
190+1-500
190-170501-1000
170-1551001-1500
154-1451501-2000
146-1352001-2500
136-1302501-3000
129-1253001-3500
124-1203501-4000
119-1154001-4500
114-1104501-5000

JEE Advanced Marks v/s Ranks (2022)

The marks v/s ranks of JEE Advanced in the table below:

JEE Advanced Rank in Common Rank List (CRL)JEE Advanced Score out of 360
1-501314-192
601-1001186-170
1101-1501167-156
1601-2001153-146
2101-2501144-138
2601-3001137-132
3101-3501131-126
3601-4001125-122
4101-4501121-118
4601-5001118-115
5101-5501114-112
5601-6001111-109
6101-6501108-107
6601-7001106-104
7101-7501104-102
7601-8001101-100
8101-850199-98
8601-900197-96
9101-950195-94
9601-1000194-92
10101-1050192-91
10601-1100190-89
11101-1150189-87
11601-1200187-86
12101-1250186-85
12601-1300184-83
13101 to 1350183 to 82
13601 to 1400182 to 81
14101 to 1450180 to 79
14601 to 1500179 to 78
15101 to 1550178 to 77
15601 to 1600177 to 76
16101 to 1650176 to 75
16601 to 1700175 to 74
17101 to 1750174 to 73
17601 to 1800173 to 72
18101 to 1850172 to 71
18601 to 1900171 to 70
19101 to 1950170 to 69
19601 to 2000169 to 68
20101 to 2050168 to 67

JEE Advanced Marks v/s Ranks (2021)

The marks v/s ranks of JEE Advanced released by IIT Kharagpur in the table below:

JEE Advanced Rank in Common Rank List (CRL)JEE Advanced Score out of 360
1340 – 350
10300-315
40-45280-290
80-90270-280
200-230250-270
490-500225-250
600-650215-230
720-780210-215
800-820208-210
990-1000200-207

JEE Advanced Marks v/s Ranks (2020)

The marks v/s ranks of JEE Advanced in the table below:

JEE Advanced Rank in Common Rank List (CRL)JEE Advanced Score
1 to 501352 to 235
601 to 1001229 to 210
1101 to 1501207 to 195
1601 to 2001193 to 184
2101 to 2501182 to 175
2601 to 3001174 to 168
3101 to 3501167 to 161
3601 to 4001161 to 156
4101 to 4501155 to 151
4601 to 5001150 to 147
5101 to 5501146 to 143
5601 to 6001142 to 139
6101 to 6501138 to 136
6601 to 7001135 to 133
7101 to 7501132 to 130
7601 to 8001130 to 127
8101 to 8501127 to 125
8601 to 9001124 to 122
9101 to 9501122 to 120
9601 to 10001119 to 118
10101 to 10501117 to 116
10601 to 11101116 to 114
11101 to 11501114 to 112
11601 to 12001112 to 110
12101 to 12501110 to 109
12601 to 13001108 to 106
13101 to 13501107 to 105
13601 to 14001105 to 104
14101 to 14501103 to 102
14601 to 15001102 to 101
15101 to 15501101 to 99
15601 to 1600199 to 98
16101 to 1650198 to 97
16601 to 1700196 to 95
17101 to 1750195 to 94
17601 to 1800194 to 93
18101 to 1850193 to 92

JEE Advanced Marks v/s Ranks (2019)

The marks v/s ranks of JEE Advanced in the table below:

JEE Advanced Rank in Common Rank List (CRL)JEE Advanced Score
1 to 501346 to 227
601 to 1001222 to 206
1101 to 1501204 to 195
1601 to 2001193 to 186
2101 to 2501185 to 180
2601 to 3001178 to 174
3101 to 3501173 to 169
3601 to 4001168 to 164
4101 to 4501163 to 160
4601 to 5001159 to 157
5101 to 5501156 to 153
5601 to 6001152 to 150
6101 to 6501149 to 147
6601 to 7001146 to 144
7101 to 7501144 to 142
7601 to 8001141 to 139
8101 to 8501139 to 137
8601 to 9001137 to 135
9101 to 9501135 to 133
9601 to 10001133 to 131
10101 to 10501131 to 129
10601 to 11001129 to 128
11101 to 11501127 to 126
11601 to 12001126 to 124
12101 to 12501124 to123
12601 to 13001122 to 121
13101 to 13501121 to 120
13601 to 14001119 to 111
14101 to 14501118 to 117
14601 to 15001116 to 115
15101 to 15501115 to 114

JEE Advanced Marks v/s Ranks (2018-2016)

JEE Advanced Rank in Common Rank List (CRL)JEE Advanced Marks 2016JEE Advanced Marks 2017JEE Advanced Marks 2018
1320339337
101246305272
201230295258
301206298247
2101178243207
3301147227174
4901135212159
10001111182130
10501110180128

JEE Advanced 2024 Result

  • JEE Advanced 2024 result declaration date: June 9, 2024

 Candidates can check and download the JEE Advanced 2024 scorecard under their respective login on jeeadv.ac.in. To Download the JEE Advanced 2024 scorecard, candidates must use a 7-digit roll number, date of birth in DD/MM/YYYY format, and the 10-digit phone number they used while registering for JEE (Advanced). Students can check the steps to download their JEE Advanced 2024 scorecard below:

  • Visit the official website of JEE Advanced 2024.
  • Enter your 7-digit roll number, date of birth in DD/MM/YYYY format, and the 10-digit phone number that you used while registering for JEE (Advanced), and click on the ‘Submit’ button.
  • JEE Advanced 2024 results will be displayed on the screen.
  • Go through your results carefully, download, save, and take printouts for future use.

JEE Advanced 2024: Admit Card, Exam Date (26 May), Syllabus, Pattern, Previous Year Papers.

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JEE Advanced 2024: IIT Madras has issued the JEE Advanced admit card 2024 to the registered candidates. The link to download the admit card is being sent to the candidates on their registered email IDs. JEE Advanced 2024 exam date is May 26. The exam timing for JEE Advanced 2024 paper 1 is from 9 am to 12 noon, and for paper 2, it is from 2:30 pm to 5:30 pm. IIT Madras has confirmed officially that the JEE Advanced 2024 exam date will not be changed despite the Lok Sabha elections. The exam will be held in exam centers across 229 cities in India and 3 cities outside India. The JEE Advanced exam will be held in computer-based test (CBT) mode and it will have two papers, each containing three sections: Physics, Chemistry, and Maths. Candidates must attempt both papers 1 and 2 to be eligible for admission to the IITs.

Mock exams for JEE Advanced 2024 can be found on the official website, jeeadv.ac.in. The JEE Advanced information brochure is now available in both Hindi and English from IIT Madras, the institute that is organizing JEE Advanced in 2024. The official JEE Advanced 2024 website also has the schedule and syllabus for the exam. The JEE Main syllabus reduction has not resulted in any modifications to the JEE Advanced syllabus for 2024. Every year, the JEE Advanced exam’s question distribution, total score, and marking system are altered.

To familiarize themselves with the JEE Advanced test format and key themes included in the exam over time, candidates can practice JEE Advanced previous year question papers. On the official website and this page, they can also discover more information about the exam, such as crucial dates, JEE Advanced 2024 qualifying requirements, the application procedure, deadline, syllabus, and admissions procedure.

JEE Advanced 2024 Latest News and Updates

Read below some of the latest news and updates on JEE Advanced 2024:

JEE Advanced 2024 Exam Dates & Schedule

Take a look at the table below for the complete schedule of the JEE Advanced 2024 exam.

DatesUpcoming Exam Dates
17 May ’24 – 26 May ’24JEE Advanced 2024 Admit Card available for downloadingONGOING
25 May ’24JEE Advanced 2024 Choosing of scribe by PwD candidates
26 May ’24JEE Advanced 2024 Exam
31 May ’24JEE Advanced 2024 response sheet release date
02 Jun ’24JEE Advanced 2024 provisional answer keys available
02 Jun ’24 – 03 Jun ’24JEE Advanced 2024 answer key challenge window
09 Jun ’24JEE Advanced 2024 final answer key and result declaration
10 Jun ’24JoSAA 2024 starts

DatesPast Exam Dates
10 May ’24The last date to pay the fee by JEE Advanced 2024 by all candidates
27 Apr ’24 – 07 May ’24JEE Advanced 2024 registrations for Indian Nationals
16 Apr ’24 – 07 May ’24The last date to pay fee by JEE Advanced 2024 by all candidates
14 Apr ’24JEE Advanced 2024 practice test for paper 1 and paper 2 release date

JEE Advanced 2024 Highlights

The highlights of JEE Advanced 2024 can be checked below. This will give you quick information about the exam.

Exam ParticularsExam Details
Exam NameJoint Entrance Exam Advanced
Conducting BodySome candidates appeared
Exam LevelNational
Exam FrequencyOnce a year
Mode of ExamComputer-based test
Number of candidates registered1,89,487 (last year)
Number of candidates appeared1,80,372 (last year)
Number of candidates passed43,769 (last year)
Courses offered through Entrance ExamA number of candidates appeared
Total seats in IITs17,385
Exam FeesFemale and SC/ST: INR 1,450All Other Categories: INR 2,900Candidates residing in SAARC countries: USD 90Candidates residing in Non- SAARC countries: USD 180
Exam DurationPaper-1: 3 hours per-2: 3 hours total: 6 hours
No. of PapersTwo papers
Language/Medium of ExamEnglish / Hindi
Colleges Accepting Exam ScorePaper-1: 3 hours per-2: 3 hoursTotal: 6 hours
Official Websitejeeadv.ac.in
Contact DetailsOrganizing Chairperson
JEE (Advanced) 2024
JEE Office, IIT Madras, Chennai – 600 036
E-mail: orgjee@iitm.ac.inHelp Desk:
Phone No. : +91-44-22578220
Monday to Friday (10:00 AM to 1:00 PM, 2:00 PM to 5:30 PM)
Information brochureDownload PDF (English)Download PDF (Hindi)

JEE Advanced 2024 Admit Card

Candidates can access the admit card under their respective JEE Advanced 2024 login. Candidates who successfully register for JEE Advanced 2024 by paying the application fee, are issued the JEE Advanced admit card 2024. The test center is allotted via the admit card only. 

On the day of the exam, candidates must carry a printed copy of the downloaded admit card and their valid original photo identity card, any one of the following:

  • Aadhaar Card
  • School/College/Institute ID
  • Driving License
  • Voter ID
  • Passport
  • PAN Card
  • Notarized Certificate with photograph

Only candidates having valid admit cards and photo identity cards are allowed to write the examination. Only pens, pencils, drinking water in a transparent bottle, a downloaded admit card, and an original photo identity card are allowed to be taken inside the examination hall. 

JEE Advanced 2024 Mock Test – OUT

The JEE Advanced 2024 mock test is available on the official website. There are 2 mock tests available for the exam from last year – Mock test 1 and Mock test 2. Candidates must take mock tests to know the exam pattern, analyze their preparation for the exam, understand the demands of the exam, and so on.

Mock tests have the following benefits:

  • Candidates can check the difficulty level.
  • They can analyze their preparation so far.
  • They can get used to the computer-based test format.
  • Candidates can also practice tie management, speed, and accuracy.

JEE Advanced 2024 Syllabus – OUT

The syllabus of JEE Advanced 2024 has not changed due to the reduction in JEE Main syllabus. Candidates can check the JEE Advanced 2024 syllabus PDF for the exam below:

SubjectJEE Advanced Syllabus PDFs
JEE Advanced 2024 syllabusDownload Here
Architecture Aptitude Test (AAT)Download Here

JEE Advanced 2024 Syllabus Subject Wise: Candidates can check below the syllabus for JEE Advanced 2024 Maths, JEE Advanced 2024 Physics, and JEE Advanced 2024 Chemistry:

JEE Advanced 2024 SubjectsDownload Syllabus PDF
JEE Advanced Maths Syllabus 2024Check here
JEE Advanced Physics Syllabus 2024Check here
JEE Advanced Chemistry Syllabus 2024Check here

JEE Advanced 2024 Exam Pattern

Check the question paper pattern, marking scheme, time, etc details of the JEE Advanced 2024 exam below:

  • Mode of the exam: The examination will be conducted ONLY in the Computer Based Test (CBT) mode.
  • Number of papers: JEE (Advanced) 2024 will consist of two question papers: Paper 1 and Paper 2 of three hours duration each. Both papers are compulsory.
  • Language: English and Hindi
  • Total duration: 6 hours
  • Marking scheme: The JEE Advanced marking scheme changes each year. Negative marks may be awarded for incorrect answers to some of the questions. Details of the marking scheme will be provided in the “Instructions to Candidates” section at the time of examination.
  • Number of sections: Each question paper will consist of three separate sections, viz., Physics, Chemistry, and Mathematics. 

JEE Advanced 2024 Application Form (Over)

Only those candidates who secure JEE Main 2024 rank among the top 2.5 lakh candidates are eligible to fill the JEE Advanced application form. The application process is online and the form is available only on the official website. 

  • As the first step, every student needs to register through the official website by providing their JEE Main 2024 roll number, password, and security pin.
  • As the second step, students have to enter various personal details like their name, parents’ name, communication details, address details, etc. in the specific columns of the JEE Advanced 2024 application form. The details entered in the application form must be accurate as the incorrect details may lead to the cancellation of candidature at later stages.
  • Students will also need to enter their choices of exam centers while filling out the application form.
  • Apart from the details, students will also need to upload scanned images of the documents needed.
  • After submitting all the details, students must take multiple printouts of the final application form for future requirements

Scanned documents to be uploaded in the online application form:

Candidates will have to upload scanned documents in the online form. The required documents are given below:

  1. Class X certificate if the date of birth is mentioned in it or the birth certificate.
  2. Class XII (or equivalent examination) certificate
  3. Class XII (or equivalent examination) certificate
  4. If the candidate’s name is not the same as in the Class X certificate, a gazette notification showing the change of name. 
  5. Caste certificates as needed.

JEE Advanced 2024 application fee:

The JEE Advanced application fee is as follows:

Registration fee for Examination Centres in India
Indian NationalsFemale Candidates (all categories)₹ 1600
SC, ST, and PwD Candidates₹ 1600
All Other Candidates₹ 3200
OCI/PIO cardholders
(where the OCI/PIO card was
issued before 04-03-2021)		Female Candidates (GEN and GEN-PwD)₹ 1600
OPEN (GEN-PwD)₹ 1600
OPEN (GEN)₹ 3200
Foreign Nationals &
OCI/PIO cardholders
(where the OCI/PIO card was
issued on or after 04-03-2021)		Candidates Residing in SAARC CountriesUSD 100
Candidates Residing in Non-SAARC CountriesUSD 200
Registration Fee for Examination Centres in Foreign Countries
Indian Nationals and OCI/PIO cardholders
(where the OCI/PIO card was
issued before 04-03-2021)		AllUSD 100
Foreign Nationals &
OCI/PIO cardholders
(where the OCI/PIO card was
issued on or after 04-03-2021)		Candidates Residing in SAARC CountriesUSD 100
Candidates Residing in Non-SAARC CountriesUSD 200

JEE Main 2024 scores: Candidates should be among the top 2,50,000 successful candidates (including all categories) in BE/BTech Paper of JEE (Main) 2024. This year, as many as 250284 candidates have passed JEE Mains to appear for JEE Advanced. Check the table below:

CategoryNumber of “Top” JEE Main candidates to be selected for JEE Advanced 2024
UR-ALL97351
UR-PwD3973
EWS-ALL25029
OBC-ALL67570
SC-ALL37581
ST-ALL18780

  •  Age limit: Candidates should have been born on or after October 1, 1999. Five years of age relaxation is given to SC, ST, and PwD candidates, i.e. these candidates should have been born on or after October 1, 1994.
  • Number of attempts: A candidate can attempt JEE (Advanced) a maximum of two times in two consecutive years. The candidates who are appearing for JEE Advanced 2024 for the first time, can also appear for JEE Advanced 2025.
  • Appearance in Class XII (or equivalent) examination: Candidates who passed Class 12 in 2023 or 2024 are eligible for JEE Advanced 2024.

JEE Advanced 2024 Preparation Tips

Below are some of the preparation tips that students must follow to score well in the exam:

  • Students must start their JEE Advanced preparation early. It will help them to complete the syllabus timely, clear doubts, revise it thoroughly and appear for the mock tests.
  • Next, prepare a suitable timetable and stick to it throughout the preparation. Try to cover the entire syllabus.
  • Students must have an in-depth understanding of all the basic as well as advanced concepts. It can be done by solving questions on a regular basis.
  • Maintain good health and mental stability. JEE preparation can be stressful. Take time off or breaks between study hours and relax.

JEE Advanced 2024 Admission Process

The admission process for JEE Advanced 2024 starts with JEE Main. Check the infographic below for a better understanding.

  • Register for JEE Main 2024.
  • Appear for JEE Main 2024 and achieve a rank among the top 2.5 lakh candidates in BE/BTech paper. 
  • Register for JEE Advanced 2024.
  • Download the JEE Advanced 2024 admit card
  • Appear for JEE Advanced 2024
  • Check the result
  • Register in JoSAA counselling for seat allotment in IITs

JEE Advanced 2024 Exam Centres

The exam centres of JEE Advanced 2024 are to be placed across various cities in India. Candidates shall be allowed to choose the test cities of their choice and preference while filling out the online form. JEE Advanced exam centres are divided into seven zones namely, IIT Delhi, IIT Guwahati, IIT Bombay, IIT, Kharagpur, IT Roorkee, IIT Kanpur, and IIT Madras. Candidates will be asked to choose their zone basis their preference, at the time of filling out the JEE Advanced 2024 application form. The centre will be allotted to the chosen centres by the candidates. Details of the centre like the address, name, reporting time, etc will be available with the JEE Advanced 2024 admit card. JEE (Advanced) 2024 will not be conducted in any centres outside India.

JEE Advanced 2024 Cutoff

Only those candidates who score the minimum prescribed marks in each subject and also in aggregate will be included in the rank list. Check the JEE Advanced 2024 cutoff marks below:

Check the minimum marks needed to qualify below:

Rank ListMinimum Marks in Each SubjectMinimum Aggregate Marks
Common Rank List (CRL)886
OBC-NCL rank list777
GEN-EWS rank list777
SC rank list443
ST rank list443
Common-PwD rank list (CRL-PwD)443
OBC-NCL-PwD rank list443
GEN-EWS-PwD rank list443
SC-PwD rank list443
ST-PwD rank list443
Preparatory course (PC) rank lists222

Check the minimum percentage needed to qualify below:

Rank ListMinimum percentage of marks in each subjectMinimum percentage of aggregate marks
Common rank list (CRL)6.83%23.89%
GEN-EWS rank list6.15%21.50%
OBC-NCL rank list6.15%21.50%
SC rank list3.42%11.95%
ST rank list3.42%11.95%
Common-PwD rank list (CRL-PwD)3.42%11.95%
GEN-EWS-PwD rank list3.42%11.95%
OBC-NCL-PwD rank list3.42%11.95%
SC-PwD rank list3.42%11.95%
ST-PwD rank list3.42%11.95%
Preparatory course rank lists1.71%5.98%

JEE Advanced 2024 Answer Key and Response Sheet

The provisional answer keys for both Paper 1 and Paper 2 are displayed on the online portal. After the display of provisional answer keys, the candidates may submit their challenges, if any, on the JEE Advanced 2024 candidate portal. The final answer keys are displayed on the website, after considering the candidates’ challenges. The marks will be awarded in accordance with the final answer key.

The responses of the candidates who have appeared for BOTH Paper 1 and Paper 2, recorded during the exam, will be available for viewing, downloading and printing from the JEE advanced portal.

EE Advanced 2024 Result

JEE Advanced 2024 result is announced online. Candidates have to login to check their scores and download the scorecard. Text messages will also be sent to the candidates to their registered mobile numbers. Individual rank cards will not be sent to candidates.

The marks obtained by a candidate in Physics in JEE Advanced 2024 will be equal to the marks scored in the Physics part of Paper 1 plus the marks scored in the Physics part of Paper 2. Marks obtained in Chemistry and Mathematics will be calculated in the same way. The aggregate marks obtained by a candidate in JEE (Advanced) 2024 will be the sum of the marks awarded to the candidate in Physics, Chemistry and Mathematics. A candidate is said to have qualified in JEE (Advanced) if they secure the minimum percentage of marks in each subject and in the aggregate, as per the respective category.

JEE Advanced Conducting IITs

The Joint Entrance Examination (JEE) Advanced is conducted by one of the seven zonal Indian Institutes of Technology (IITs), namely IIT Roorkee, IIT Kharagpur, IIT Delhi, IIT Kanpur, IIT Bombay, IIT Madras, and IIT Guwahati, on a round-robin basis. The IITs are arranged in a rational order to conduct the exam, and the rotation is usually from the top to the bottom of the list and then starting again at the top of the list and so on. The exam is guided by the Joint Admission Board (JAB). This rotation system is essentially a way to ensure fair distribution of exam conduction responsibility among the seven zonal IITs.

Check the table below for JEE Advanced organising IITs over the years:

YearJEE Advanced Organising IIT
2010IIT Madras
2011IIT Kanpur
2012IIT Delhi
2013IIT Delhi
2014IIT Kharagpur
2015IIT Bombay
2016IIT Guwahati
2017IIT Madras
2018IIT Kanpur
2019IIT Roorkee
2020IIT Delhi
2021IIT Kharagpur
2022IIT Bombay
2023IIT Guwahati
2024IIT Madras
2025IIT Kanpur
2026IIT Roorkee
2027IIT Delhi

JEE Advanced Data: Number of Candidates Registered, Qualified and Seats Offered

Candidates can check below the JEE Advanced data for the number of candidates registered, qualified and seats offered to them:

YearNumber of candidates registeredNumber of candidates appeared in both papersNumber of qualified candidatesNumber of candidates allotted seats in IITs
2023189,4871803724376917340
20221600381555384071216635
20211511931416994186216296
20201608381508384320416061
20191744321613193870513604
20181656561551583198812069
201717181415954051040–
20161559481476783656610576

AAT 2024

The BArch program is available at IIT (BHU) Varanasi, IIT Kharagpur and IIT Roorkee only. Candidates desirous of joining the BArch (Architecture) program will have to pass the Architecture Aptitude Test (AAT). Only those candidates who have qualified in JEE (Advanced) 2024 are eligible to appear in AAT 2024. AAT will be conducted at all IITs. No separate admit card will be issued for AAT. The downloaded admit card of JEE (Advanced) 2024 has to be printed and produced in the AAT examination hall, along with the original photo identity card.

Candidates must register online at the JEE (Advanced) 2024 online portal for AAT. The test will consist of one paper of three hours duration in the English language only. Candidates should bring their own drawing and colouring aids.  The results of AAT will be declared on the JEE (Advanced) 2024 online portal.

Kartik Aaryan, why are you doing this, Chandu Champion? View His Ripped Self on the New Poster

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Kabir Khan has directed the film

A new day brings a fresh Chandu Champion poster with Kartik Aaryan. Kartik Aaryan is shown in the new grayscale image peering intently into the camera with an ab-tastic expression. His gloves are boxing gloves. The poster’s words are, “The man who refused to surrender.” “In the ring of life you have to keep fighting till your last breath to become a champion Champion Aa raha hai (The Champion is on his way)” was the caption that went with the poster. On June 14, Chandu Champion, which is helmed by Kabir Khan, will be released.

A poster from the film was released on Wednesday as well. Kartik Aaryan shared the poster on his Instagram profile along with the caption, “Champion Aa Raha Hai (The champion is on his way). Super excited and proud to share the first poster of the most challenging and special film of my career. Chandu Champion #14th june.”

Kartik Aaryan kickstarted the promotions of the film with his pet pooch Katori by his side.

Chandu Champion is “based on the extraordinary real-life story of a sportsman and his spirit of never giving up”. With the film, the audience will see Kartik doing a film based on a real-life story in which he will portray the character of lead Chandu,” read a statement from the makers, reported news agency ANI.

Kartik Aaryan was last seen in the film Satyaprem Ki Katha, co-starring Kiara Advani. Last year, he also made a cameo appearance in Tu Jhoothi Main Makkaar. He will next be seen in Kabir Khan’s sports film Chandu Champion. He also has an untitled project with Karan Johar in the line-up.

Kartik Aaryan made his Bollywood debut with Luv Ranjan’s 2011 film Pyaar Ka Punchnama and he has been a part of movies such as Pyaar Ka Punchnama 2, Luka Chuppi , Guest Inn London and Sonu Ke Titu Ki Sweety. He also starred in Imtiaz Ali’s Love Aaj Kal. He also starred in Netflix’s Dhamaka.

Also Read ‘Hated that Priyanka Chopra and I were always Called Jonas Brothers’ wives’, says Sophie Turner.

Today’s Stock Market Trading Guide: Dow Jones, Gift Nifty, and Go Digit IPO.

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Everything you should know before Friday’s Gift Nifty Live market opening is: Present Nifty signals a sluggish start; Fed officials advise against rate-cut bets as global markets decline; Today is Go Digit IPO closure; The market opens on Saturday.

Pre-market stock update for May 17, Friday: Volatility is likely to remain an order of the day for the Indian equity market as we near the conclusion of the Lok Sabha elections. That apart, global news and FII flow also weigh on the trading sentiment. 

After yesterday’s extremely volatile session, the Nifty will likely open marginally lower this morning as the global mood seems tepid. At 07:00 AM, Gift Nifty futures quoted at 22,480, suggesting a likely marginal dip on the Nifty 50 index.

Also Read M&M Shares Hit Fresh 52-Week High on Complete Stake Sale in New Delhi Centre for Sight for ₹425 Crore.

Global markets

Overnight, the US market ended off record highs after several Federal officials warned that the central bank still needed more confidence to cut interest rates and that the timing of the move remained uncertain.

Vodafone Idea Ltd

Dow Jones crossed the 40,000 mark in intra-day deals, but eventually settled at 39,869, down 0.1 percent. The S&P 500 and Nasdaq slipped 0.2 percent each.

The US 10-year bond yield remained subdued around 4.365 per cent, near about five week lows. Among commodities, Gold futures eased back to $2,380 levels, while Brent Crude Oil continued to hover around $83 per barrel.

Equity markets in the Asia Pacific region were all in red this morning. Japan’s Nikkei declined 0.8 percent. The Australian benchmark indices fell 0.4 percent, and Malaysia’s Kospi was down 0.3 percent.

Trading strategy for Friday, May 17 – Should you be a buyer or seller today? Here’s what market experts recommend:

On the technical front, the 22,300 zone is likely to cushion upcoming blips, while 22,200-22,100 is likely to act as the next support zone for Nifty, said – Osho Krishan, Sr. Analyst – Technical & Derivative Research at Angel One.

On the higher end, 22,500-22,600 is very much in the vicinity of the bulls, especially with the kind of momentum seen on the weekly settlement session, the analyst added.

Neeraj Sharma, AVP of Technical and Derivatives Research at Asit C. Mehta Investment Intermediates too believe that the Nifty could rally to 22,500–22,600 levels in the near term. The analyst said, technically, the Nifty has surpassed the hurdle of 22,310, where the 21-day exponential moving average (21-DEMA) was placed and managed to close above it, indicating strength. Also Read Gift Nifty Live, Global Markets Hint Gap-Up Open on May 16; FIIs Trade in Focus.

Rupak De, Senior Technical Analyst at LKP Securities recommends that the over the next few days, the bulls might have the upper hand in the market as the Nifty moved above the critical moving average after several days. On the higher side, the Nifty might move towards 22,600 in the short term. Support on the lower end remains at 22,250.

Stocks in focus

Among individual stocks, Vodafone Idea will be in focus after the telecom major said it loss widened to Rs 7,674 crore in the March 2024 quarter. Gail India too will see some action after the company reported near 3-fold jump in net profit at Rs 2,469 crore.

On Friday, Amber Enterprises, Atul Auto, Balkrishna Industries, Balrampur Chini, Bandhan Bank, Delhivery, GlaxoSmithKline Pharma, Godrej Industries, JB Chemicals, JSW Steel, LT Foods, NHPC, Pfizer, The Phoenix Mills, Polyplex Corporation, RCF, Rail Vikas Nigam (RVNL), Shipping Corporation of India, Shalimar Paints, Sobha, TV Today, Gift Nifty Live Universal Cables, Zee Entertainment and Zydus Lifesciences are scheduled to announce Q4 results.

Primary Market Update

Go Digit General Insurance IPO closes today. The issue was subscribed up to 79 per cent as of yesterday. Subscription is open in the price range of Rs 258 – Rs 272 per share. Should you subscribe? 

Other news
Lastly, today is not the final trading session of the week as equity market will be open for normal trading tomorrow May 18, Saturday in special session. The stock exchanges are conducting this trading session to check their preparedness to handle major disruption or failure, if any, at the primary site.

Trading will be in two sessions, the first session will be from 9:15 am – 10 am on the primary site, followed shift in trading to Disaster Recovery Site (DRS) from 11:30 am – 12:30 pm.

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