ICICI Lombard General Insurance Company reported 23 per cent YoY rise in net profit at Rs 346 crore for March quarter 2020-21
The stock of HDFC AMC is moving above the 50-EMA level of 2,935 and is showing further strength
All the stocks are trading above their respective important averages, indicating upward bias
The Indian markets will enter the second week of earning season with 55 companies slated to post their results
Returns in FY22 will be relatively more muted, but still healthy in the low double-digits, said MD Jaipuria
Experts say there could be further outflows from the bond market if US bond yields head towards the 2-per-cent mark.
After a strong finish to FY21, the key trigger for the stock would be the growth metrics the company will deliver in FY22
Analysts say till the time the Nifty trades below its 50-day moving average (DMA) the trend could be weak
1-year returns down to less than 3.5%, below short-term rates offered by banks on FDs
Previously, FPIs invested Rs 17,304 crore in March, Rs 23,663 crore in February and Rs 14,649 crore in January
The Treasury report also said the COVID-19 crisis was likely to continue to affect current account positions over the next year
Weak rupee, recovery in US, lower valuations and domestic market volatility are tailwinds
Higher raw material costs will put pressure on profitability
Market participants said most of the large schemes had a 'growth' tilt at a time when the 'value' theme outperformed the market over the past one year
There were allegations of preferential access to Tick-By-Tick (TBT) data feed being given by the exchange to certain trading members, following which Sebi probed the matter
Fortis Healthcare on Friday said its subsidiary, EHIRCL, received the notice on April 15, 2021
A strong recovery in the rupee, which zoomed 58 paise, and a bullish trend in global equities supported the bourses on Friday, traders said
The stocks mutual funds had invested in had risen almost to pre-pandemic levels in March
Analysts say the up move in shares of three Adani companies is below the threshold set by MSCI for defining 'extreme price increase'
The latest numbers from both countries show consumer spending boosting the recovery from the pandemic