#MutualFunds | If an mutual finance investor had made an investment of ₹1 lakh in SBI Contra fund at the time of scheme’s launch, the investment would have grown to a whopping ₹84 lakh.

https://www.livemint.com/mutual-fund/mutual-funds-investing-rs-1-lakh-at-the-launch-of-this-mutual-fund-would-have-grown-to-rs-84-lakh-sbi-contra-fund-11714927294319.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

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Mutual Funds: Investing ₹1 lakh at the launch of this scheme would have swelled to a whopping ₹84 lakh now

If an mutual finance investor had made an investment of ₹1 lakh in SBI Contra fund at the time of scheme’s launch, the investment would have grown to a whopping ₹84 lakh

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May 6 marks significant historical events including the opening of the Eiffel Tower, the 'Friends' finale, airship Hindenburg's disaster landing, and Roger Bannister's record of completing a mile under four minutes.

Here are some notable occurrences
https://www.read.ht/SasV

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On This Day: Key events in history on May 6; From inauguration of Eiffel Tower to ‘Friends’ finale

May 6 marks significant historical events including the opening of the Eiffel Tower, the 'Friends' finale, airship Hindenburg's disaster landing, and Roger Bannister's record of completing a mile under four minutes.

Ahead of the US elections 2024, US President Joe Biden has emerged as the least popular president in 70 years, according to a survey conducted by Gallup poll.

Biden earned the title, by securing 38.7% job approval, way lower than Richard Nixon and Jimmy Carter. Whereas, Donald Trump secured a 46.8% job approval rating in the poll.

https://www.read.ht/Sang

mint

Joe Biden 'most unpopular US President' in 7 decades, where does Donald Trump stand?

US President Joe Biden has emerged as the most unpopular US President with 38.7% job approval rating over last seventy years, according to a recent survey by Gallup Poll. Donald Trump is ahead of Biden with 46.8% job approval rating

Over the last few weeks, Google has laid off several employees, with the most recent cuts striking its entire #Python team and following a move aimed at reducing costs by hiring less expensive labor outside the United States, according to Free Press Journal, on April 29.

Read here: https://www.read.ht/Sanf

#MintPodcast 🎙️| How much #appraisal can you expect this year?

#TopOfTheMorning is a daily podcast in which we bring you all the action from the global markets and the business world to kick-start your day on a well-informed note.

Listen in 👇

https://open.spotify.com/episode/6iwIAxKd1gUhx8gfTn1xlY

Microsoft CEO Satya Nadella, Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Nvidia CEO Jensen Huang and 18 other top executives have joined an advisory board in the US that will advise the federal government on how to protect critical infrastructure such as power grids, airports and transportation from the threat of artificial intelligence.

https://www.read.ht/SanM

mint

Satya Nadella to Sundar Pichai: 22 top executives join AI advisory board in the US

Microsoft, Alphabet, OpenAI, Nvidia CEOs join US advisory board to advise on protecting critical infrastructure from AI threats. Board aims to prevent AI-related disruptions to national security and public safety.

Last week witnessed a collective surge in market valuation among six of the top-10 most valued companies, amounting to a notable increase of ₹1,30,734.57 crore.

https://www.livemint.com/market/stock-market-news/market-capitalisation-of-6-most-valued-firms-surges-to-1-30-lakh-crore-sbi-icici-bank-leads-the-pack-11714285252695.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

mint

Market capitalisation of 6 most valued firms surges to ₹1.30 lakh crore; SBI, ICICI Bank leads the pack

Bharti Airtel and ITC also observed significant gains, adding ₹20,747.99 crore and ₹18,914.35 crore respectively to their market capitalization.

The coming week will witness 211 companies declaring their fourth quarter earnings for the financial year 2024 (Q4 FY24), which will include marquee companies like Adani Enterprises, Tata Chemicals, Dabur India, Titan, Ultratech, Indian Oil Corporation and others.

https://www.read.ht/SanF

mint

Q4 results: Tata Chemicals, Adani Enterprises, IOC, Titan among 211 companies to declare earnings this week

The domestic market lagged its Asian peers as Q4 earnings remained largely subdued, with weak results from IT and a few index heavyweights also disappointing, said Vinod Nair, Head of Research, Geojit Financial Services.

Week Ahead | As April fast draws to a close, investors will keenly eye several stock market triggers in the fourth week of the month with the ongoing January-March quarter results for fiscal 2023-24 (Q4FY24), domestic and global macroeconomic data, developments around general elections 2024, impact of the Israel-Iran conflict, crude oil prices, US bond yields, and global cues.

https://www.read.ht/S8Wm

mint

Week Ahead: Q4 Results, Iran-Israel conflict, global cues among key market triggers this week

Analysts expect volatility to continue over quarterly results and said that Nifty 50 needs to have sustainability at 22,300 before it can move to recovery.