Top news on 5th June: Multibagger stock Hardwyn India bonus issue & stock split today, Nifty, market outlook, Maruti Suzuki Jimny launch, NCLT hearing for Go First lessors, World Environment Day

Produced by: Prashanti Moktan

Multibagger stock Hardwyn India 

Multibagger stock Hardwyn India Limited announced a bonus issue in the ratio of 1:3 and a stock split of 1:10 and fixed June 5 (today) as the date for the same

NCLT hearing on places by Go First lessors 

The National Company Law Tribunal or NCLT is set to hear pleas by three Go First aircraft lessors today (5th June), The lessors are seeking repossession of the aircraft that were leased to the Go First over non-payment of dues

“The domestic market experienced significant volatility due to mixed signals from global counterparts. The approval of a debt deal that prevented a US default instilled optimism among global investors, who are now eagerly awaiting the Federal Reserve's forthcoming monetary plan. Although the higher-than-anticipated US inflation initially raised concerns about another interest rate increase by the Fed, these fears were short-lived as Fed officials indicated a potential rate hike deferral in June,” said Vinod Nair, Head of Research at Geojit Financial Services

Nifty, Sensex Outlook

“Contrary to the global trend, domestic indicators favour bullish sentiment. The release of domestic GDP data, surpassing expectations, and robust Q4 earnings bolstered the growth prospects of the domestic market. Additionally, auto sales for the month of May displayed a sequential recovery, boosting sentiment across the sector. As we enter a new month, investors are anticipating the release of data points such as PMI and US payroll data, in addition to the outcome of the central banks' monetary policy meeting,” said Geojit Financial Services’ Vinod Nair

Share Markets Today: Nifty, Sensex Outlook on 5th June

Gold Price Today (5th June)

“Weakness in US dollar and expectation of a pause in the U.S. Federal reserve policy tightening campaign boosted precious metals’ appeal.  Comex spot gold is likely to find buyers in the range of $1965/$1950 per ounce and while $1995/$2009 per ounce is the resistance for the day. MCX Gold August future likely to find support at Rs 60080/59700 per 10 gram and resistance at Rs 60580/60750 per 10 grams,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities  

Maruti Suzuki India is set to launch the much-awaited SUV Jimny today (June 5). The price of the Maruti Suzuki Jimny is expected to range from Rs 11 lakh to Rs 15 lakh and will offer two variants Zeta and Alpha. Jimny’s rivals will include cars like Mahindra Thar and Force Gurkha

Maruti Suzuki Jimny launch: Price, Specs, Rivals

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

Diesel, Petrol Price today (5th June)

World Environment Day is celebrated every year on June 5 since 1973 and is the largest global environmental programme to raise awareness on issues regarding the environment. This theme of World Environment Day 2023 is #BeatPlasticPollution to raise awareness on the menace and extent of plastic pollution

World Environment Day 2023 on June 5: Theme, Significance

Tripura Board of Secondary Education (TBSE) will declare 10th and 12th Results 2023 today (5th June). To check the class 10 and class 12 results, students can visit the official site tbse.tripura.gov.in

TBSE Tripura Board 10th, 12th Results 2023 Out Today