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Top news today: Fourth phase of polling begins, Q4 Results, Indegene IPO, Modi’s Bihar rally, IPL & more — May 13 update

Top news today on May 13: There are a host of developments, updates and events expected in India and internationally in the political, financial and general spheres on May 13. We take a look:

  • Phase Four of Lok Sabha Elections 2024: Voting for the fourth phase of the Lok Sabha Elections 2024 began at 7 am this morning. This phase will cover 96 parliamentary constituencies in nine states and one Union Territory. Additionally, simultaneous elections will be conducted for 175 assembly seats in Andhra Pradesh and 28 assembly seats in Odisha during this phase.
  • General Elections 2024 Update: On Monday, polling is taking place across various regions including all 25 Lok Sabha constituencies in Andhra Pradesh, five in Bihar, one in Jammu and Kashmir, four each in Jharkhand and Odisha, eight each in Madhya Pradesh and West Bengal, 17 in Telangana, 11 in Maharashtra, and 13 in Uttar Pradesh. As of Phase 3 of the General Elections 2024, voting has concluded smoothly and peacefully in 283 Lok Sabha constituencies across 20 states and Union Territories. Vote counting is scheduled for June 4.
  • Indegene IPO listing: Indegene Limited’s initial public offering (IPO) is set to hit the markets today, as per the BSE website. The company’s shares will debut on both the BSE and NSE during a special pre-opening session. In the lead-up to the listing, the grey market, an unofficial platform for trading IPO shares before their official listing, has shown strong optimism towards Indegene IPO. This suggests a robust demand and the potential for significant listing gains. Market analysts and experts predict that the IPO’s grey market premium (GMP) has surged, indicating a projected listing gain of over 65 percent for those fortunate enough to be allotted shares. Moreover, experts anticipate that the Indegene share price could range between 740-760 per share upon listing. 
  • IPL Match Preview: Gujarat Titans (GT) are set to clash with Kolkata Knight Riders (KKR) at the Narendra Modi Stadium in Ahmedabad this evening at 7:30 PM. With 5 victories in 12 matches, GT needs to secure victories in their next 2 games to potentially advance to the playoffs. KKR has already secured a spot in the playoffs, becoming the first team to do so. According to Google’s win probability, Kolkata holds a 56% chance of defeating Gujarat in their 13th IPL match.

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Published: 13 May 2024, 07:46 AM IST