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Here are some of the trending news on stock market: ·         IndusInd Bank shares surge 12.6% in a week, top Nifty 50 gainer 1 : IndusInd Bank has been the best performer on the Nifty 50 index in the past week, gaining 12.6% and outperforming its peers. The bank reported a strong growth in net profit and net interest income for the September quarter, beating analysts’ expectations. The bank also improved its asset quality and capital adequacy ratio, indicating a recovery from the Covid-19 impact. ·         Paytm Q4 Results: Net loss narrows to Rs 168 crore, revenue up 52% YoY 2 : Paytm, India’s leading digital payments platform, has reported a significant improvement in its financial performance for the fourth quarter ended March 31, 2023. The company’s net loss narrowed to Rs 168 crore from Rs 2,597 crore in the same period last year, while its revenue increased by 52% to Rs 4,782 crore. The company attributed i...

The Congress party has emerged victorious in the Karnataka assembly elections held on May 10, 2023, defeating the incumbent BJP government led by Basavaraj Bommai. The Congress has won 120 seats out of 224, securing a comfortable majority and ending the BJP’s five-year rule in the state. The BJP has managed to win only 90 seats, while the JD(S) has been reduced to 12 seats. The remaining two seats have gone to independent candidates. Mr Shivakumar, said that the victory was the best birthday gift given to him by the people of Karnataka and thanked them for their trust and support. He also credited former chief minister Siddaramaiah and Congress leader in Lok Sabha Mallikarjun Kharge for their guidance and contribution to the party’s campaign. The Congress has claimed that the people of Karnataka have voted for a change and rejected the BJP’s divisive and communal agenda. The party has promised to work for the welfare and development of all sections of society, especially the back...