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These 5 stocks witnessed a rise in prices with volumes in last 3 days
Five stocks have consistently shown increases in their prices, trading volumes, and delivery volumes, indicating higher investor interest in these stocks39 minutes ago — Economic Times -
Govt moves over 2,000 BSF personnel from Odisha to terror-hit Jammu
The troops of these two units are expected to be based in Samba and near the Jammu-Punjab border48 minutes ago — Business Standard -
A Step-by-Step Guide: How to Convert Bitcoin & crypto to Cash
Learn how to convert Bitcoin and crypto to cash. Explore methods like exchanges, P2P platforms, and Bitcoin ATMs for easy BTC to INR conversion. Secure and simple!51 minutes ago — Economic Times -
Mamata Banerjee alleges unfair treatment, walks out of NITI Aayog meeting
The West Bengal chief minister said that despite being the only opposition member participating, she felt it was insulting that she was not allowed to speak longer52 minutes ago — Business Standard -
Step Aside ETH, SOL is The New Supercoin
Solana, the fourth largest cryptocurrency by market cap, is a lightning-fast and cost-effective blockchain network that has positioned itself as a strong competitor to Ethereum. Recent on-chain metrics reflect Solana’s increasing influence and competitive stance. However, Solana faces challenges, including centralization concerns, an inflationary token model, and past network instability. The Firedancer protocol aims to address centralization concerns by introducing a second validator client and supporting sharding to enhance scalability.1 hour ago — Economic Times -
Custom duty reduction impact: How gold prices may perform in near future
Government has slashed customs duties on gold and silver by 6 percent. The basic customs duty has been reduced to 5 percent from 10 percent, and the Agriculture Infrastructure and Development Cess lowered to 1 percent from 5 percent. This decision will effectively bring down the overall taxes on gold and silver in the country to 9 percent from an earlier 18.5 percent inclusive of GST.1 hour ago — Economic Times -
Bitcoin rises on strong US economic data and anticipation of Trump’s Nashville speech
The mid-week brought a downturn, with Bitcoin falling back to the $64,000 level. This decline was partly driven by disappointing earnings reports from major tech companies like Alphabet and Tesla. As tech stocks tumbled, the ripple effect was felt in the cryptocurrency space. Another factor contributing to the mid-week slump was the continued selling pressure from Mt. Gox creditors1 hour ago — Economic Times -
Dividend stocks: Vedanta, Ultratech among 100 stocks to trade ex-dividend next week. Do you own any?
Out of the lot, 5 are Nifty companies, i.e, Ultratech Cement, Maruti Suzuki, Cipla, Divi’s Laboratories and Hero Motocorp. Other names include companies like Vedanta, Oberoi Realty, Sundaram Finance etc.1.5 hours ago — Economic Times -
FPIs pump in Rs 52,910 crore as Budget aims to foster stable investment environment
The foreign portfolio investor (FPI) community, which is set to play a major role in positioning India as the third largest economy in the world, has pumped in nearly 52,910 crore in equity and debt this month (till July 26).1.5 hours ago — Economic Times -
Higher capital gains tax: Who benefits the most?
Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount of capital gains increases.1.5 hours ago — Economic Times -
Online Sports Betting Adds To Consumer Credit Stress, US Study Says
Online sports betting is increasing consumer stress as access to gambling proliferates, a new study found.2 hours ago — Bloomberg Quint -
Latest LIVE: NITI Aayog's Governing Council meeting begins under chairmanship of PM Modi
Catch the latest news from around the world here2 hours ago — Business Standard -
Here’s how Digital Public Infrastructure (DPI) reforms will revolutionise stock market
The digitization of agricultural lands under DPI will allow the government to maintain comprehensive and accurate records of farming land across the country.2.5 hours ago — Economic Times -
IPO Calendar: 8 IPOs, 11 listings investors need to watch out for next week
Analysts said India's capital markets are playing a vital role in the country's growth, thanks to advancements in technology, innovation, and digitization.2.5 hours ago — Economic Times -
RBI fines Visa for unauthorised payment method
In February, the RBI had ordered the credit card company to stop using an unauthorised route to make some commercial payments2.5 hours ago — The Hindu Business- RBI imposes penalties on Ola Fin, Visa, Manappuram 2.5 hours ago — Economic Times
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Hindenburg Could Be In Trouble As US SEC Squeezes Shortsellers
The allegations against Andrew Left and Citron sound similar to what SEBI has claimed in the Hindenburg Research short-selling case.3 hours ago — Bloomberg Quint -
US SEC Awards Whistleblower $37 Million For Enforcement Help
A whistleblower will receive more than $37 million for providing information that aided a probe by the US Securities and Exchange Commission.3 hours ago — Bloomberg Quint -
ITC, HAL, UltraTech Cement among 37 stock picks from Sharekhan after Budget 2024
According to its analysis, the budget is expected to positively impact companies such as ITC, UltraTech Cement, L&T, Tata Motors, TCS, Bharat Forge, HAL, and Radico Khaitan3 hours ago — Economic Times -
132 smallcap stocks offer double-digit weekly returns in volatile Budget week
Antony Waste Handling Cell was the top gainer in the smallcap pack with 49.4% return, followed by MTNL (40%), Bhagiradha Chemicals and Industries (35.4%), and PC Jewellers (27.5%).4 hours ago — Economic Times -
Q1 results today: ICICI Bank, Dr Reddy's among 34 companies to announce earnings on Saturday
Finolex Industries, IEC Education, IFB Industries, J&K Bank, Jaiprakash Power, SBFC Finance, Vishal Fabrics, Spandana Sphoorty, Smruthi Organics, NTPC, Genus Power, Gujarat Cotex among others will also declare their June quarter results.4 hours ago — Economic Times -
NITI Aayog meeting: Vision 2047 to Opposition boycott. All you need to know
The 9th Governing Council Meeting of NITI Aayog, chaired by Prime Minister Narendra Modi, is facing boycott from several Opposition chief ministers over a 'biased' Union Budget4 hours ago — Business Standard -
Big tech trade shudders just as stock pickers make a comeback
With the so-called Magnificent Seven accounting for a historic share of this year’s equity rally, the blind love affair with capitalization-weighted indexes appears to be on shaky ground. Retail and institutional investors are looking to diversify into new market winners by sinking cash into everything from consumer stocks to health care – regardless of the sorry track record for anyone trying to beat the tech-driven market.4 hours ago — Economic Times -
5 world market themes for the week ahead
Central banks from the U.S., Japan, and Britain reassessed lending rates, while the U.S. tech earnings' impact and Venezuela's presidential elections took center stage. The Fed's rate cut expectations and Big Tech's performance were key focuses. Venezuela voted amid economic shifts and potential U.S. sanctions. Stay informed on this pivotal financial and political landscape.4.5 hours ago — Economic Times -
Wall Street Week Ahead: Spooked US stock market faces tech earnings minefield, Fed meeting
Investors faced a jittery week with crucial earnings reports from top tech giants, a Federal Reserve policy meeting, and vital employment data. Following recent market turmoil, earnings from Microsoft, Apple, and Meta Platforms, along with the Fed's possible interest rate cuts and employment figures, were anticipated to influence U.S. stock trajectories significantly.4.5 hours ago — Economic Times -
US inflation data lifts global stocks, lowers Treasury yields
Global equities rebounded on Friday as U.S. economic data indicated improving inflation, which lowered Treasury yields. The PCE price index rose 0.1% in June, aligning with expectations and raising confidence in potential Fed rate cuts. Wall Street saw notable gains, with the Dow rising 1.64%, while oil prices dropped due to Chinese demand concerns.5 hours ago — Economic Times -
Filing Tax Returns: Areas Pensioners Need To Pay Attention
Here's a look at all things that needs careful attention why pensioners file their income tax returns.5 hours ago — Bloomberg Quint -
Dexcom plunges as revenue forecast cut spooks investors
Dexcom shares plummeted over 40% due to a revenue forecast cut linked to a problematic salesforce restructuring. The changes led to fewer new patients and boosted competition from Abbott and Medtronic. This wiped out $25.45 billion of Dexcom's market value.5 hours ago — Economic Times -
Banks geared up to tackle any liquidity challenge; bullish on FMCG prospects: Mahantesh Sabarad
The RBI prioritized asset quality but now focuses on liquidity conditions at private banks. With rising online transactions and security concerns, the RBI drafts reforms on LCR exposure. Additionally, a favorable Budget is expected to boost FMCG sector growth, particularly from rural demand. The rupee might depreciate, but the RBI aims to balance inflation and forex liquidity.5 hours ago — Economic Times -
Wall Street closes up on revival supported by inflation data, tech stocks
Wall Street indexes closed higher on Friday, with tech megacaps rebounding after mid-week sell-offs. Inflation data fueled optimism for potential Federal Reserve interest rate cuts. The Dow Jones ended positive for the week, boosted by 3M's forecast increase. However, Tesla and Alphabet saw declines. Key tech earnings next week may influence market direction.5 hours ago — Economic Times -
Short Sellers Feel Heat After US Charges Andrew Left With Fraud
Trampled by markets and attacked by angry executives, short sellers now find themselves confronting their biggest worry yet: the US government.5 hours ago — Bloomberg Quint -
US Accuses Famed Short-Seller Andrew Left Of Securities Fraud
The Securities and Exchange Commission sued short-seller Andrew Left and Citron Capital over stock trading related to social media posts and research reports.5 hours ago — Bloomberg Quint -
2 top stocks recommendations from Chandan Taparia for next week
We believe that the momentum in liquidity indicates that the bullish stance could continue. As long as the Nifty holds above the 24,500 zone, the ongoing momentum could accelerate beyond the 25,250 to 25,500 levels.5 hours ago — Economic Times -
Expect sector churn; money will flow from expensive stocks to growing, cheaper stocks: Raamdeo Agrawal
Raamdeo Agrawal says everything is going well. The India story is compounded story. Past has been compounded. There is no reason why the future will not be compounded and in that future compounded story, we have a lot of businesses that are compounded and within them, good management will have compounding stories.5 hours ago — Economic Times -
Sebi penalises HSBC AMC as it revisits earlier order
Sebi's order relates to actions by L&T asset management company, which was acquired by HSBC Group last year in May and was merged with its asset management company in October 2023.6 hours ago — Economic Times -
Budget over, bulls back faster, higher, stronger
The NSE Nifty rose 428.75 points, or 1.76%, to close at a record of 24,834.85. The index hit a lifetime high of 24,861.15 during the day. The BSE Sensex rose 1,293 points, or 1.62%, to end at 81,333 after hitting a high of 81,427.18. The index fell 10 points short of the all-time closing level of 81,343.6 hours ago — Economic Times -
IndusInd Bank Q1 profit flat at Rs 2,171 crore in a lean season
The net interest income - the difference between interest earned and paid - rose 11.1% to ₹5,408 crore. Net interest margin (NIM) for the June quarter came in at 4.25%.6 hours ago — Economic Times -
Sebi bars Mallya from accessing securities market for 3 years
Sebi's investigation is based on the findings of Financial Conduct Authority, its counterpart in UK, for the period from January 1, 2006 to March 31, 2008.7 hours ago — Economic Times -
G-sec demand may rise by Rs 4-5 lakh cr as new LCR norms come into play
The new norms would also impact net interest margins (NIM) as the stock of low yielding g-sec rises in banks' books, and intensify competition for retail deposits, the people cited above said.7 hours ago — Economic Times -
The Economic Survey, the Budget and more...
Should EU pay a polluter tax, the Economic Survey 2024, the Budget and more in our weekly wrapup.7 hours ago — Finshots -
Yes Bank in stake sale talks to give exit to its lenders
"Banks led by State Bank of India had come in to support the reconstruction scheme. As per regulations, banks cannot remain invested in other banks," managing director and chief executive Prashant Kumar told ET in an exclusive interaction.8 hours ago — Economic Times -
ICICI Bank, Dr Reddy's Labs, REC, IDFC First Bank Q1 Results Today — Earnings Estimates
Here are the earnings estimates of major companies that are scheduled to announce their results on Saturday.8 hours ago — Bloomberg Quint -
Mankind to use debt, internal accruals to fund BSV buyout
Mankind Pharma announced a ₹13,630 crore acquisition of Bharat Serums and Vaccines (BSV) to be funded through internal accruals and a mix of debt and equity. This strategic move will make them leaders in the gynaecology-fertility segment. The acquisition aligns with their goal to expand in high-potential areas and is expected to boost earnings from the second year.13.5 hours ago — Economic Times -
Telecom Regulator Considers Separate Recharge Plans For Voice, Data And SMS
TRAI noted that despite the widespread use of bundled plans, there is a need to evaluate these options to better meet consumer needs.14 hours ago — Bloomberg Quint -
Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs
Due to ambiguity over the applicability of LTCG-which was reintroduced in 2018-several promoters and private equity (PE) firms have refrained from tax payments14 hours ago — Business Standard -
SEBI Upholds Order Against 12 Entities In V Marc India Fraud Case
The 121-page confirmatory order enforces restrictions on these entities from participating in the securities market.14.5 hours ago — Bloomberg Quint- Sebi confirms order against 12 entities including V Marc India for fraud 14.5 hours ago — Business Standard
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Piramal Pharma Q1FY25 results: Net loss narrows at Rs 88.64 crore
The company had posted a consolidated net loss of Rs 98.58 crore in the same quarter last fiscal, Piramal Pharma said in a regulatory filing14.5 hours ago — Business Standard- SBI Card Q1 results: Net profit flat at Rs 594 cr on higher impairment 14.5 hours ago — Business Standard
- LatentView Analytics reports Q1 net profit of Rs 38.92 cr, revenue up 21% 14.5 hours ago — Business Standard
- SBI Card Q1 Results: Profit Up 0.2%, Total Income Rises 14.5 hours ago — Bloomberg Quint
- Bandhan Bank Q1 Results: Profit soars 47% YoY to Rs 1,063 crore; NII jumps 21% 14.5 hours ago — Economic Times
- Piramal Pharma Q1 Results: Net loss narrows to Rs 89 crore 14.5 hours ago — Economic Times
- Jupiter Wagons Q1 FY25 results: Net profit rises 40% to Rs 89 crore 14.5 hours ago — Business Standard
- Bandhan Bank Q1FY25 results: Net profit increases 47% to Rs 1,063 crore 14.5 hours ago — Business Standard
- IndusInd Bank Q1FY25 results: Net profit rises 2% to Rs 2,171 crore 14.5 hours ago — Business Standard
- Cipla Q1 FY25 results: Net profit up 25% at Rs 988 crore, revenue rises 9% 14.5 hours ago — Business Standard
- IndusInd Bank Q1 Results: Profit Up 2%, Operating Expenses Rise 14.5 hours ago — Bloomberg Quint
- Cipla Q1 Results: Cons PAT rises 18% YoY to Rs 1,178 crore, beats estimates 14.5 hours ago — Economic Times
- Cipla Q1 Results: Profit Rises 18%, Meets Estimates 14.5 hours ago — Bloomberg Quint
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Kargil Vijay Diwas: MP to UP, 6 states announce job quotas for Agniveers
The Odisha government on Friday announced a 10 per cent quota and five years of age relaxation for Agniveers in the state's uninformed services. Chief Minister Mohan Charan Majhi made the announcement before leaving for Delhi to attend the ...14.5 hours ago — Business Standard- Kargil Vijay Diwas: MP to UP, 5 states announce job quotas for Agniveers 14.5 hours ago — Business Standard
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Apple Cuts iPhone Prices In India By Up To Rs 6,000 Following Duty Reduction
The updated rate list reveals that the iPhone 15 Pro models will see a decrease of Rs 5,100 to Rs 6,000.14.5 hours ago — Bloomberg Quint- Apple announces cuts in iPhone prices after Budget move on customs duty 14.5 hours ago — Business Standard
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Court Denies CBI's Plea To Arrest Former Gitanjali Group Executive In PNB Scam
Varma, a former international business head of Mehul Choksi's Gitanjali Group, appeared before the court last week, almost seven years after the registration of the PNB fraud case.15.5 hours ago — Bloomberg Quint -
IndusInd Bank Cyber Theft: Rs 40 Crore Transferred, Rs 33 Crore Recovered By Maharashtra Cyber Response
The remaining Rs 7 crore has been siphoned off into various mule accounts, said Maharashtra Cyber Inspector General of Police Yashasvi Yadav.15.5 hours ago — Bloomberg Quint -
PLI Scheme Fuels Rs 5.14 Lakh Crore In Electronics Manufacturing By Mid-2024
Incremental investment of Rs 8,390 crores had been made under the PLI scheme, until June 30.15.5 hours ago — Bloomberg Quint -
RBI Chooses Five Companies For Product Testing On Regulatory Sandbox
The Reserve Bank received 25 applications, of which five have been selected for the Test Phase.15.5 hours ago — Bloomberg Quint -
DLF Retains Rs 17,000-Crore Sales Target, Prepares For New Launches
DLF's sales bookings surged over threefold to Rs 6,404 crore in the first quarter of this fiscal, driven by strong demand for luxury housing.15.5 hours ago — Bloomberg Quint- Realty major DLF retains sales bookings target at Rs 17,000 crore for FY25 15.5 hours ago — Business Standard
- SBI Card Q1 Results: Profit Up 0.2%, Total Income Rises 15.5 hours ago — Bloomberg Quint
- BHEL Bags Rs 10,000 Crore Contract To Set Up Thermal Power Station In Jharkhand 15.5 hours ago — Bloomberg Quint
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PowerGrid Q1 results: Net profit up 3.52% at Rs 3,723.92 cr as income rises
During the quarter, its total income rose to Rs 11,279.59 crore from Rs 11,257.60 crore in the April-June quarter of the preceding 2023-24 fiscal16 hours ago — Business Standard- ESAF Small Finance Bank Q1 Results: PAT falls 52% to Rs 63 crore 16 hours ago — Economic Times
- Power Grid Q1 Results: Profit Rises 3.5%, Meets Estimates 16 hours ago — Bloomberg Quint
- SBI Card Q1 results: Net profit flat at Rs 594 cr on higher impairment 16 hours ago — Business Standard
- Cholamandalam Investment and Finance Q1 results: PAT up 29.7% at Rs 942 cr 16 hours ago — Business Standard
- KFin Technologies Q1 results: Profit after tax jumps 57% to Rs 68 cr 16 hours ago — Business Standard
- Cholamandalam Investment And Finance Q1 Results: Profit Rises 29.7% To Rs 942 Crore 16 hours ago — Bloomberg Quint
- Bandhan Bank Q1FY25 results: Net profit increases 47% to Rs 1,063 crore 16 hours ago — Business Standard
- IndusInd Bank Q1FY25 results: Net profit rises 2% to Rs 2,171 crore 16 hours ago — Business Standard
- Shriram Finance Q1 Results: Profit Rises 18.6%, Total Income Up 20% 16 hours ago — Bloomberg Quint
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KEC International To Raise Up To Rs 6,000 Crore Through QIP, NCDs
The company will raise Rs 4,500 crore through qualified institutional placement by issuing equity or other equity-based instruments.16 hours ago — Bloomberg Quint -
Piramal Group Flags Claims Of Data Breach As False
A hacker on dark web last week claimed to be allegedly selling a database belonging to Piramal Group.16 hours ago — Bloomberg Quint- Piramal Group refutes data breach claims, terms dark web activity as false 16 hours ago — Business Standard
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Sebi rules order exonerating HSBC AMC "erroneous", slaps Rs 5 lakh penalty on it
Sebi was examining if the fund house had adequately recorded reasons for its investment decisions, among other things. Also, the market regulator looked into the reasons for the sale of three stocks viz. Hindustan Zinc, Sadbhav Engineering and Vodafone Idea, which resulted in losses worth Rs 1.61 crore, Rs 14.97 crore and Rs 25.43 crore, respectively. The total loss was recorded at Rs 42 crore.16 hours ago — Economic Times -
US Consumer Sentiment Falls To Eight-Month Low On High Prices
US consumer sentiment eased in July to an eight-month low as high prices continued to weigh on attitudes about personal finances.16.5 hours ago — Bloomberg Quint -
IRDAI Orders Care Health To Repurchase ESOPs Granted To Chairperson Rashmi Saluja
Saluja is the executive chairperson of Religare Enterprises and non-executive chairperson of CHIL.16.5 hours ago — Bloomberg Quint -
Meta Has No Plans To Halt WhatsApp Services In India: Vaishnaw
Earlier this year, WhatsApp had told the Delhi High Court that it will stop functioning in India if it was compelled by the government to break encryption of messages.16.5 hours ago — Bloomberg Quint -
LatentView Analytics Q1 consolidated net rises 21%
16.5 hours ago — The Hindu Business -
‘Budget 2024-25 transformative, forward looking’
16.5 hours ago — The Hindu Business -
Married And Female Traders More Successful In Intraday Trading: SEBI Study
The general trading trends highlighted a broader trend of significant losses among individual intraday traders in the equity cash segment.16.5 hours ago — Bloomberg Quint -
Nifty-50 hits all time high, Sensex surges 1,233 points
16.5 hours ago — The Hindu Business -
Power Grid Corp Q1 net profit grows 3.5% to ₹3,724 crore, revenue down
16.5 hours ago — The Hindu Business- Shriram Finance Q1 PAT grows 18.21% to ₹1,980.59 crore 16.5 hours ago — The Hindu Business
- Cholamandalam Investment Q1 net profit rises 30% to ₹942 cr. 16.5 hours ago — The Hindu Business
- Chennai Petroleum Q1 standalone net dips 38% to ₹343 cr. 16.5 hours ago — The Hindu Business
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Maruti Suzuki India gets tax demand of Rs 779.2 cr from I-T authorities
Order has a total demand, including interest, of Rs 779.2 crore, the company said, adding that it has also received a showcause notice for initiation of penalty proceedings with respect to the order16.5 hours ago — Business Standard -
RBI Fines Visa, Ola Financial, Manappuram Finance For Regulatory Compliance Issues
Visa Worldwide has been fined Rs 2.4 crore, while Manappuram Finance faces a penalty of Rs 41.5 lakh, and Ola Financial Services has been hit with a total fine of Rs 87.55 lakh across two cases.17 hours ago — Bloomberg Quint -
Top Seven Business And Market Stories Of The Day You Can't Miss — July 26
Important news, must-read stories on NDTV Profit on Friday.17 hours ago — Bloomberg Quint- Stock Market Highlights: Sensex, Nifty Gainers And Losers — July 26 17 hours ago — Bloomberg Quint
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RBI issues prompt corrective action framework for urban co-operative banks
17 hours ago — The Hindu Business- Sugar mills seek policy framework to promote sustainable fuels 17 hours ago — The Hindu Business
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Route Mobile Promoter Pares Stake For Rs 203 Crore
The promoter held 83.11% equity as of June, higher than regulatory norms that require a minimum public float of 25%.17 hours ago — Bloomberg Quint -
Oil Regulator Revises Tariff For Transporting Petroleum Products Via Pipelines
The Petroleum and Natural Gas Regulatory Board has notified an independent yardstick to determine tariffs, which was earlier benchmarked to railway freight rates.17 hours ago — Bloomberg Quint -
Maruti Suzuki Slapped With Rs 779-Crore Tax Demand
Maruti Suzuki said it will file an appeal before the Income Tax Appellate Tribunal.17 hours ago — Bloomberg Quint -
Credit growth continues to lag deposit growth
The Reserve Bank of India (RBI) governor Shaktikanta Das expressed his concerns about structural changes taking place in the financial sector as a faster pace of credit growth than deposit growth potentially exposes the banking system to structural liquidity issues, while speaking at a media event last week.17 hours ago — Economic Times -
Aditya Birla Group forays into jewellery retail business with Indriya
Group aims for brand to be among top three national players in five years17.5 hours ago — Business Standard -
ITC to invest ₹20,000 crore in five years for organic growth
‘ITC Group’s value-accretive acquisitions in recent years are also demonstrating appreciable progress’17.5 hours ago — The Hindu Business -
SBI Card Q1 Results: PAT flat YoY at Rs 594 crore, revenue jumps 11%
SBI Card's revenue for the quarter rose 11% from last year to Rs 4,359 crore, driven by a 24% increase in interest income. Earnings before credit costs also grew, up 25% from the previous quarter. While year-on-year revenue growth was strong, it remained flat compared to the previous quarter.17.5 hours ago — Economic Times -
Sebi bars fugitive businessman Vijay Mallya from securities mkts for 3 yrs
Mallya, through an FII entity named Matterhorn Ventures, has indirectly trades in scrips of his group entities in India, thus concealing the true identity of his investments in securities market17.5 hours ago — Business Standard- Sebi bars fugitive businessman Vijay Mallya from Indian markets for 3 years 17.5 hours ago — Business Standard
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Aditya Birla Sunlife, Mirae Asset Mutual Fund, Buy Stake In Sobha Worth Rs 857 Crore
As of July 11, Anamudi Real Estates held 9.99% stake in the construction company.17.5 hours ago — Bloomberg Quint -
Power Grid Q1 Results: Standalone profit falls 4% YoY to Rs 3,412 crore, revenue down 2%
Power Grid's Q1 FY24 net profit fell 4% to Rs 3,412 crore from Rs 3,542 crore last year. Revenue decreased by 2% to Rs 10,068 crore from Rs 10,245 crore.17.5 hours ago — Economic Times- Cholamandalam Investment And Finance Q1 Results: Profit Rises 29.7% To Rs 942 Crore 17.5 hours ago — Bloomberg Quint
- Bandhan Bank Q1 Results: Profit soars 47% YoY to Rs 1,063 crore; NII jumps 21% 17.5 hours ago — Economic Times
- IndusInd Bank Q1 Results: Cons PAT rises 2% YoY to Rs 2,171 crore, NII jumps 11% 17.5 hours ago — Economic Times
- InterGlobe Aviation Q1 Results: Profit falls 12% YoY to Rs 2,729 crore, revenue jumps 17% 17.5 hours ago — Economic Times
- Cipla Q1 Results: Cons PAT rises 18% YoY to Rs 1,178 crore, beats estimates 17.5 hours ago — Economic Times
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Opposition playing politics over Agnipath scheme, says PM Narendra Modi
Modi accuses Pak of waging proxy war in the garb of terrorism to stay relevant17.5 hours ago — Business Standard- On Kargil Vijay Diwas, PM slams Oppn for playing politics over 'Agnipath' 17.5 hours ago — Business Standard
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ITC To Launch Nutrition Brand For Consumers Aged Above 40 Years
The brand, Right Shift, will offer targeted nutrition solutions designed to enhance strength and energy, and will be rolled out in the next 10 days.17.5 hours ago — Bloomberg Quint -
City Union Bank Q1 net rises 16% on lower provisions
17.5 hours ago — The Hindu Business- Cholamandalam Investment Q1 net profit rises 30% to ₹942 cr. 17.5 hours ago — The Hindu Business
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Equitas Small Finance Bank Q1 Results: PAT slumps 87% to Rs 26 crore on jump in provisions, contingencies
Equitas Small Finance Bank on Friday reported a 87% year-on-year drop in net profit at Rs 26 crore, on account of a five-fold rise in provisions and contingencies.17.5 hours ago — Economic Times- Bandhan Bank Q1 Results: Net profit soars 47% on healthy business expansion, lower credit cost 17.5 hours ago — Economic Times
- PNB Housing Finance Q1 results: Profit jumps 25% to Rs 433 crore 17.5 hours ago — Economic Times
- Bandhan Bank Q1 Results: Profit soars 47% YoY to Rs 1,063 crore; NII jumps 21% 17.5 hours ago — Economic Times
- Piramal Pharma Q1 Results: Net loss narrows to Rs 89 crore 17.5 hours ago — Economic Times
- Cipla net profit jumps 17.4% to Rs 1,178 crore in Q1FY25 17.5 hours ago — Economic Times
- IndusInd Bank Q1 Results: Profit Up 2%, Operating Expenses Rise 17.5 hours ago — Bloomberg Quint
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Sebi bars Vijay Mallya from accessing securities market for 3 years
According to the order, Mallya is prohibited from buying, selling, or dealing in securities directly or indirectly, and from being associated with the securities market in any capacity. The former liquor baron is also barred from any association with listed or proposed-to-be-listed companies. As part of the ban, Mallya's existing holdings of securities, including mutual fund units, will be frozen, the regulator stated.17.5 hours ago — Economic Times -
IndiGo profit falls on higher cost on older planes
The airline was forced to induct older planes due to grounding led by issues of Pratt & Whitney engines18 hours ago — Economic Times -
Q1 Results Review: How India's IT Firms Have Performed
While Infosys beat estimates, its cross-town rival Wipro underperformed. Here's how.18 hours ago — Bloomberg Quint -
Budget shows Govt.’s commitment to reducing fiscal deficit: Fitch
18 hours ago — The Hindu Business -
Rupee slumps to a record low amid oil demand, month-end pressures
The local currency closed at 83.7275 per US dollar on Friday, versus the previous close of 83.6975/$1, LSEG data showed. The rupee has weakened for four out of five trading sessions this week. On a weekly basis, the currency weakened 0.1%18 hours ago — Economic Times -
Vedanta's Agarwal urges govt to privatise gold mining to boost production
After the budget, top government officials clarified that the government's strategy goes beyond privatisation and the aim now is to create value of the government owned companies18.5 hours ago — Business Standard -
FPIs Turn Net Buyers After Three Days Of Selling
Foreign portfolio investors mopped up stocks worth Rs 2,546.4 crore, according to provisional data from the NSE.18.5 hours ago — Bloomberg Quint -
Adda247 Co-Founder Chandan Singh Quits | NDTV Profit Exclusive
The top brass churn at the edtech, which focuses on preparation for various Indian job exams, comes after it laid off about 300 employees in October last year.18.5 hours ago — Bloomberg Quint -
Shriram Finance Q1 FY25 results: Net profit rises 18.6% Rs 2,030 crore
During the period under review, the liquidity coverage ratio was at 225.19 per cent as against 202.84 per cent by the end of June 202318.5 hours ago — Business Standard- Jupiter Wagons Q1 FY25 results: Net profit rises 40% to Rs 89 crore 18.5 hours ago — Business Standard
- Bandhan Bank Q1FY25 results: Net profit increases 47% to Rs 1,063 crore 18.5 hours ago — Business Standard
- IndusInd Bank Q1FY25 results: Net profit rises 2% to Rs 2,171 crore 18.5 hours ago — Business Standard
- Mphasis Q1 FY25 results: Net profit rises 2.1% to Rs 404.5 crore 18.5 hours ago — Business Standard
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IndusInd Bank Q1 net rises 2% to ₹2,171 crore
IndusInd bank stock closed 1.68% higher at ₹1,403.4 on the BSE on Friday18.5 hours ago — The Hindu Business- IndusInd Bank Q1 Results: Cons PAT rises 2% YoY to Rs 2,171 crore, NII jumps 11% 18.5 hours ago — Economic Times
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HDFC Bank, United Spirits among 4 stocks with long unwinding
These four stocks witnessed long unwinding in Friday's trading session.18.5 hours ago — Economic Times -
Dow, Nasdaq jump after inflation data; megacaps recover
The Dow Jones Industrial Average rose 205.79 points, or 0.52%, at the open to 40,140.86.19 hours ago — Economic Times -
‘India’s tax to GDP ratio higher than countries at similar income levels’
Revenue Secretary Malhotra says capital gains tax changes unlikely to hurt realty sector, adds the changes are aimed at removing arbitrage between asset classes such as equity shares and real estate19 hours ago — The Hindu Business -
Inviting FDI In All Sectors But No Discussions With China, Says Nirmala Sitharaman I Exclusive
Regarding FDI from China, Sitharaman said that to her knowledge, there have been no discussions.19 hours ago — Bloomberg Quint -
Vedanta stock gains as S&P upgrades UK Parent VRL’s rating
Vedanta shares rallied as much as 4% on Friday after rating agency S&P Global Ratings upgraded the rating of its UK based parent, Vedanta Resources, to 'B-' from 'CCC+', citing improving capital structure and liquidity while assigning a stable outlook.19.5 hours ago — Economic Times -
Cholamandalam Investment and Finance Q1 Results: PAT up 29.7% at Rs 942 crore
Cholamandalam Investment and Finance Company has reported a 29.7 per cent growth in its profit after tax for the April-June 2024 quarter at Rs 942 crore. The company, which is the financial services arm of diversified conglomerate Murugappa Group, had registered a profit after tax of Rs 726 crore in the corresponding quarter of last year.19.5 hours ago — Economic Times- Piramal Pharma Q1 Results: Net loss narrows to Rs 89 crore 19.5 hours ago — Economic Times
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Tech View: Mt 25K in sight once again for Nifty bulls. Here’s how to trade next week
According to Nagaraj Shetti of HDFC Securities, the Nifty index has recently regained support from its 10-day and 20-day exponential moving averages (EMAs) after briefly dipping below them. This reinforces the significance of these moving averages as a support level for the index over the past several weeks.19.5 hours ago — Economic Times -
F&O Rollover: FIIs lighten Nifty longs, rollovers under pressure; what's next for Nifty?
Nifty experienced some profit-taking at higher levels, with rollovers at 70% compared to 76.25% last month and the three-month average of 72.6%, according to a report by SBI Securities. In the July series, the monthly expiries for Fin Nifty and Bank Nifty are scheduled for Tuesday and Wednesday. However, as of July 25, Bank Nifty rollovers stand at 62%, according to a report by domestic brokerage firm Nuvama.20 hours ago — Economic Times -
Adani Energy said to pick banks for $600 million share sale
Gautam Adani’s power transmission unit, Adani Energy Solutions, prepared a share sale of at least 50 billion rupees, with banks ICICI Securities, Jefferies Financial, and SBI Capital as advisers. The sale could conclude by mid-August.20 hours ago — Economic Times -
Gold Price Today: After Rs 7,800/10 gram fall in 3 sessions, yellow metal prices rebound
Domestic gold prices recovered on Friday gaining by over Rs 500 per 10 gram in intraday trade, taking cues from international prices. The prices were up ahead of the crucial inflation data in the US which could give more clarity on the timing of the interest rate cuts by the Federal Reserve.20 hours ago — Economic Times -
How STCG, LTCG changes for equity & real estate could impact your investments
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India's Forex Reserves Rise To New High Of $670 Billion As RBI Mops Up Bond Inflows
The forex kitty rose by $4 billion over the previous reporting week, marking the third straight weekly increase.20.5 hours ago — Bloomberg Quint -
Top 10 Most Valued Firms Add Rs 1.58 Lakh Crore Market Cap Led By Bharti Airtel, TCS
While, HDFC Bank's valuations fell by Rs 227.77 crore to Rs 12.27 lakh crore.20.5 hours ago — Bloomberg Quint -
Axis Bank, Jubilant FoodWorks among 5 stocks with short covering
Short covering occurs when investors buy shares to close out their short positions, indicating a shift from a highly negative outlook to a more positive one. On Friday, five stocks experienced this kind of activity.20.5 hours ago — Economic Times -
Sensex rises! But these stocks fell 5% or more in Friday's session
In the Nifty pack, 47 stocks closed in the green, while 3 stocks ended in the red.21 hours ago — Economic Times- Share market update: Most active stocks in today's market in terms of volume 21 hours ago — Economic Times
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Fiscal Deficit Target Achievable, Says Fitch Ratings
However, public finance metrics, in general, remain a weakness in India’s credit profile, the ratings agency said.21 hours ago — Bloomberg Quint -
Bandhan Bank reports 47 pc jump in net profit to Rs 1,063 crore in Q1FY25
Private lender Bandhan Bank on Friday reported a 47 per cent jump in its net profit to Rs 1,063 crore in the first quarter of financial year 2024-25. The bank had reported a net profit of Rs 721 crore during the same quarter of the previous fiscal.21 hours ago — Economic Times -
Stock market update: Nifty Realty index advances 1.15%
The Nifty Realty index closed 1.15 per cent up at 1077.65.21 hours ago — Economic Times- Stock market update: Nifty Bank index advances 0.8% 21 hours ago — Economic Times
- Share market update: Most active stocks of the day in terms of traded value 21 hours ago — Economic Times
- Stock market update: Nifty Pharma index advances 2.36% 21 hours ago — Economic Times
- Share market update: Most active stocks in today's market in terms of volume 21 hours ago — Economic Times
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Godrej Properties Mops Up Rs 1,275 Crore Via Bonds
The board approved the allotment of 93,540 unsecured redeemable NCDs of the face value of Rs 1 lakh each.21 hours ago — Bloomberg Quint- Vedanta Approves Rs 1,564 Crore Second Interim Dividend At Rs 4 Per Share 21 hours ago — Bloomberg Quint
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Standard Glass Lining Technology Seeks SEBI Nod To Raise Rs 600 Crore Via IPO
The firm will use the IPO proceeds for capex, repayment of some existing loans and funding inorganic growth.21 hours ago — Bloomberg Quint -
Cipla Q1 results: Net profit up 18% at Rs 1,177.64 cr, revenue rises 5.8%
On a sequential basis, the company exhibited a 5.67 per cent increase in revenue, along with PAT, which also rose by 18.28 per cent, Cipla stock was up 5.68 per cent in afternoon trade on BSE21 hours ago — Business Standard- Cipla Q1 FY25 results: Net profit up 25% at Rs 988 crore, revenue rises 9% 21 hours ago — Business Standard
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Bhavish Aggarwal-led Ola Electric may launch anchor book for IPO on Aug 1
Issue may launch between August 2-621 hours ago — Business Standard -
Government Asserts No International Bans On Indian Food Over Carcinogens In Past Decade
In a written reply to the Rajya Sabha, Minister Jitin Prasada said that export consignments of food products are tested as per specifications of importing countries and as per norms fixed by competent authorities functioning under the ministry.21 hours ago — Bloomberg Quint -
Anil Agarwal Advocates for Privatisation Of Two PSUs To Boost India’s Gold Production
The best way forward is the government privatising the two sole producers of gold -- Bharat Gold Mines and Hutti Gold Mines, Anil Agarwal explained.21 hours ago — Bloomberg Quint -
Paytm shares hit upper circuit on govt nod for investment in payments arm
The stock price surged on the back of reports claiming that the company had received the government nod to invest Rs 50 crore in its associate entity Paytm Payments Services Limited (PPSL)21 hours ago — Business Standard- Paytm likely gets FDI nod for investment arm; share hits 10% upper circuit 21 hours ago — Business Standard
- Paytm hits 10% upper circuit on reports of FDI nod for payment aggregator 21 hours ago — Business Standard
- Crisis-hit Paytm gets govt approval for investment in payments arm: Report 21 hours ago — Business Standard
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Stock market update: Stocks that hit 52-week highs on NSE in today's trade
20 Microns, GHCL Textiles, CSL Finance, Banco Products and MMP Industries, hit their fresh 52-week highs during the day.21.5 hours ago — Economic Times- Stock market update: Stocks that hit 52-week lows on NSE in today's trade 21.5 hours ago — Economic Times
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Medium-term, even if the rupee goes to 84, it won't sustain there; 10-year bond yield heading to 6.75%: Jayesh Mehta
Jayesh Mehta, Vice-Chairman & CEO of DSP Finance, explained the recent fall in the rupee against the dollar, attributing it to a risk-off situation and the strengthening of the dollar. Despite the current scenario, he mentioned that the rupee might not sustain at the 84 level for long-term due to India's strong economic story.21.5 hours ago — Economic Times -
OnePlus Nord 4 review: An all-round phone with focus on design, performance
OnePlus Nord 4 boasts a premium all metal design reminiscent of its flagship OnePlus 3 models that it launched in 2016. The smartphone, however, is a midrange offering priced at Rs 29,999 onwards21.5 hours ago — Business Standard -
Is it time to invest in defensive bets like pharma and FMCG amid market uncertainty? Vikas Khemani answers
As your portfolio does well, you start underestimating the risks. I would say that every investor should, rather than choosing between defensive and aggressive plays, constantly raise their risk awareness. As long as you do that, I think one should be fine.21.5 hours ago — Economic Times -
Godrej Properties raises Rs 1,275 cr via non-convertible debentures
Godrej Properties plans to launch residential projects worth Rs 30,000 cr this fiscal across major cities to achieve 20 per cent growth in sales bookings amid strong demand, its exec chairperson said21.5 hours ago — Business Standard -
Gainers & Losers: Paytm, Shriram Finance among 6 stocks that hogged limelight on Friday
Driven by strong buying across sectors, Nifty50 reached a new high of 24,861 on Friday, closing up 1.8% at 24,834.85. Sensex gained 1.62% to 81,332.72.21.5 hours ago — Economic Times -
Indus Towers board to consider share buyback on July 30
Telecom infrastructure company Indus Towers said the board will consider and approve a proposal to buyback of fully paid-up equity shares, pushing its stock price up by 4.75% Friday.21.5 hours ago — Economic Times -
Why indexation benefit removal will aid PFC & REC stocks? Nikhil Nigania explains
Nikhil Nigania of Bernstein explained how PFC and REC benefit from special 54EC bonds issued to save capital gains tax on real estate sales. The bonds' lower rates offer loan growth prospects, reduced NPA risks, and decreased competition from dollar bonds, while reversing provisions from distressed assets. These factors attract investors.21.5 hours ago — Economic Times -
IndiGo Q1 FY25 results: Net profit declines 11.7% on higher expenses
India's largest airline by market share posted a profit of Rs 2,727 crore ($326 million) for the three months ending June 30, compared with Rs 3,087 crore a year earlier21.5 hours ago — Business Standard- Shriram Finance Q1 Results: Profit Rises 18.6%, Total Income Up 20% 21.5 hours ago — Bloomberg Quint
- Cipla Q1 Results: Profit Rises 18%, Meets Estimates 21.5 hours ago — Bloomberg Quint
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Cipla, Divi's Labs Lead Pharma Stocks Rally To New High
The Nifty Pharma was the top sectoral gainer this week, led by Granules India, Biocon, and Sun Pharmaceutical Industries.21.5 hours ago — Bloomberg Quint -
Market highlights, July 26: Record close for benchmarks; Sensex soars 1,293 pts, Nifty near 24,850
Stock market highlights, July 26, 2024: Benchmarks Sensex and Nifty saw massive rallies on Friday, BSE Sensex climbed 1.62 per cent or 1292 points to end at 81,332 levels, while NSE's Nifty50 closed 122 hours ago — Business Standard- Stock market highlights, July 26: Benchmarks end near record highs; MidCap index finishes 2% higher 22 hours ago — Business Standard
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Govt to push forward IDBI Bank stake sale after RBI key clearance
The Reserve Bank of India has indicated completion of its fit and proper vetting of potential bidders of IDBI Bank, said Tuhin Kanta Pandey, the country's secretary responsible for the stake sale22 hours ago — Business Standard -
Nifty Ends At Record Closing High To Log Best Weekly Streak In Over Six Years: Market Wrap
Both indices ended at their highest closing levels. The Nifty closed at 24,834.85, and the Sensex closed at 81,332.72.22 hours ago — Bloomberg Quint -
Shriram Finance Q1 result: Net profit up 18% at Rs 1,981 cr on loan demand
Shriram Finance's earnings were boosted by higher commercial vehicle sales - which form its biggest financing segment, along with strength in farm equipment and small business credit segments22 hours ago — Business Standard -
Paw-sitive Planning: Navigating The Hidden Costs Of Pet Parenthood
Things to consider—both finance and personal time—before you open your home to a new pet.22 hours ago — Bloomberg Quint -
IndiGo Q1 Results: Profit Rises 11.7%, Beats Estimates
IndiGo reported a 11.7% surge in profit at Rs 2,729 crore during the June quarter, against an estimated Rs 2,503.4 crore.22 hours ago — Bloomberg Quint- IndusInd Bank Q1 Results: Profit Up 2%, Operating Expenses Rise 22 hours ago — Bloomberg Quint
- Shriram Finance Q1 Results: Profit Rises 18.6%, Total Income Up 20% 22 hours ago — Bloomberg Quint
- InterGlobe Aviation Q1 Results: Profit falls 12% YoY to Rs 2,729 crore, revenue jumps 17% 22 hours ago — Economic Times
- Cipla Q1 Results: Cons PAT rises 18% YoY to Rs 1,178 crore, beats estimates 22 hours ago — Economic Times
- Cipla Q1 Results: Profit Rises 18%, Meets Estimates 22 hours ago — Bloomberg Quint
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Rupee ends at record low, traders expect gradual depreciation to persist
The Indian rupee declined to a record low at 83.7250 against the USD, pressured by dollar demand from oil companies, custodial banks, and weak risk sentiment.22 hours ago — Economic Times -
Bandhan Bank Q1 Results: Profit Up 47.4% On Higher Other Income, NPAs Rise
Asset quality for the lender worsened, with gross non-performing asset ratio rising 39 basis points quarter-on-quarter to 4.23%.22 hours ago — Bloomberg Quint- IndusInd Bank Q1 Results: Profit Up 2%, Operating Expenses Rise 22 hours ago — Bloomberg Quint
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Indus Towers To Return Cash To Investors After Two Years: All You Need To Know
Indus Towers to give money back to shareholders after two years by announcing a buyback.22.5 hours ago — Bloomberg Quint -
Paytm Gets Government Nod For Chinese Investment In Payment Aggregator Unit
The government clearance also means that Paytm can now approach the Reserve Bank of India to get the necessary approvals for a payment aggregator license.22.5 hours ago — Bloomberg Quint- Paytm soars 10%, hits upper circuit after govt approves FDI proposal for payment aggregator biz 22.5 hours ago — Economic Times
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Dolly Khanna adds multibaggers Nile, Tina Rubber, 3 more stocks in June quarter, slashes stake in 3 smallcaps
Among the new additions were Emkay Global Financial Services (1.63%), Super Sales India (1.06%), Nile (1.10%), Tinna Rubber and Infrastructure (1.03%) and Ujjivan Small Finance Bank (1.07%). In these Emkay Global, Nile and Tina Rubber have been multibaggers, delivering returns of 120%, 177% and 349% over the last one year. Super Sales, on the other hand, has given returns of 58% in this period.22.5 hours ago — Economic Times -
ICICI Bank Q1 preview: Up to 13% YoY PAT growth seen, NII may rise by 5-8%
ICICI Bank's net profit for the June 2024 quarter was anticipated to be between Rs 10,441 crore and Rs 10,876 crore, reflecting a YoY growth of 8.1%-12.7%. The net interest income (NII) was estimated between Rs 19,253 crore and Rs 19,700 crore, with YoY growth of 5.2%-8%. The earnings announcement was scheduled for July 27, 2024.22.5 hours ago — Economic Times -
United Breweries Eyes Revenue Increase With New Andhra Liquor Policy
Kingfisher holds a 75% market share in Andhra Pradesh, and with the state's changing policies, the company sees more potential, said CEO Vivek Gupta.23 hours ago — Bloomberg Quint -
Indian Solar Players Including Tata Power Turn To China In Bid To Expand Capabilities
Since January 2024, Tata Power Solar, ReNew Photovoltaic and Avaada Electro have sought visas for 36 Chinese engineers and technicians.23 hours ago — Bloomberg Quint -
Microsoft introduces AI-powered Bing to rival Google Search: What is new
Bing generative search results will show snapshot, source links and related search results in an overview, which is displayed inside a grey box at the top side of result page23 hours ago — Business Standard -
Infosys, TCS among 7 Nifty50 stocks that hit fresh 52-week highs on Friday
Investor optimism fueled a 1,150-point surge in the Sensex on Friday, driven by strong buying in IT and metal stocks, despite concerns over the Budget's capital gains tax hike.23 hours ago — Economic Times -
Vedanta announces second interim dividend of Rs 4/share, total payout worth Rs 1,564 crore
On Friday, Vedanta's board of directors authorized a second interim dividend of Rs 4 per share for the fiscal year 2024-25. The total payout is set to be Rs 1,564 crore.23 hours ago — Economic Times -
Union Budget 2024: Real estate sees marginal benefits
Will the increased outlay for the government’s credit-linked subsidy scheme revive the affordable housing segment, which has been on a decline since the pandemic?23 hours ago — The Hindu Business -
Zomato rolls out 'Brand Packs' to reward repeat orders from restaurants
Zomato's new 'Brand Packs' feature aims to boost customer loyalty for more than 4,000 restaurants on the food delivery platform23 hours ago — Business Standard -
Standard Glass Lining Technology to raise Rs 600 cr via IPO, files DRHP with SEBI
Hyderabad-based Standard Glass Lining Technology Limited filed a Draft Red Herring Prospectus with SEBI to raise Rs 600 crore via IPO. The offering includes a fresh issue of Rs 250 crore and an offer for sale of Rs 350 crore, intending to fund capital expenditure, repay loans, and support corporate purposes. Shares will be listed on BSE and NSE.23 hours ago — Economic Times -
Stock Market LIVE: Sensex zooms 1,200 pts to hit 81K; mid, smallcaps shine
Stock Market LIVE updates, July 26: Bharti Airtel, Reliance and IT shares led the rally on the benchmark indices on Friday. The MidCap index surged 2%, while the SmallCap gained over 1%.23.5 hours ago — Business Standard -
No indexation? LTCG tax could go up 290% on propertIes bought after 2010
Longer holding periods correlate with higher taxes with or without indexation. Without indexation, the taxes are comparatively higher23.5 hours ago — Business Standard -
VL Infraprojects IPO allotment likely today: Check status, GMP, listing date, and other details
In the unlisted market, VL Infraprojects shares are trading with a GMP of Rs 62, translating to a premium of 147% over the issue price. If the trends are sustained, the company's shares are expected to list with a maximum of 90% gains on July 3023.5 hours ago — Economic Times -
Momentum continues to remain strong; stretched valuation the only concern for markets: Vikas Khemani
See, again, I think investing is all about the medium to long term. If you are invested in stretched stocks or stressed segments where a lot of value has already been captured, it is probably time to get out and move to stocks or sectors offering value or interesting risk rewards.23.5 hours ago — Economic Times -
Dr Reddy's Q1 Preview: PAT may fall 4% YoY on pricing pressure, subdued US sales
Pharma major Dr Reddy's faced a challenging first quarter, impacted by weak US sales due to heightened competition and pricing pressures. Analysts expect a 4% decline in net profit year-on-year despite an 8% increase in revenues. Higher Revlimid sales might offset the subdued US performance.23.5 hours ago — Economic Times -
Adani Stocks Add Over Rs 74,500 Crore To Investors' Wealth Led By Energy Arm
Jefferies has maintained its ‘buy’ rating on Adani Energy with a target price of Rs 1,365 apiece, implying an upside of 28%.23.5 hours ago — Bloomberg Quint -
ITC To Channel Rs 20,000 Crore Into Future Expansion, Says Sanjiv Puri
ITC's cigarettes business witnessed consolidation on a high base after a period of sustained growth momentum, Puri says.23.5 hours ago — Bloomberg Quint -
VVIP Infratech IPO allotment expected soon as GMP soars: Here's how you can check status
Investors can check the status of VVIP Infratech IPO allotment by logging in to the official website of the registrar, which is Maashitla Securities in this case.23.5 hours ago — Economic Times -
Chris Wood astonished as capital gains tax hike fails to revive Nifty bears
In the Union Budget announced on July 23, Finance Minister Sitharaman raised both short-term and long-term capital gains tax rates, to 20% and 12.5%, respectively. Prior to this, analyst Wood had cautioned that a substantial increase in capital gains tax could trigger a market downturn exceeding the correction seen after the June 4th Lok Sabha elections.1 day ago — Economic Times
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