Page 37 - Stock Market Today

Strong revenue growth, margin expansion ahead for retail major Trent

The stock markets' enthusiastic response to the results has driven the share up by 25 per cent in just two sessions

Expected gains in Q3FY24 for Airtel hinge on fare hike, steady growth

Mobile subscribers saw net additions of 3.3 million to 345.6 million. The average revenue per user (ARPU) rose to Rs 208, up nearly 3 per cent quarter-on-quarter

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

The S&P BSE PSU index has gained over 90 per cent in the last one year, rising much higher than the S&P BSE Sensex that has surged nearly 19 per cent during this period, show ACE Equity data

Stock brokers' body ANMI on board with proposal of market timing extension

Consensus from all associations of standards forum needed before submissions to Sebi

LIC Housing Finance targets upgrade after stable performance in Q3

The credit cost was stable sequentially at 0.6 per cent while write-offs moderated to Rs 57.7 crore

ChrysCapital Management to raise $300 million to retain NSE stake

ChrysCapital bought a 5 per cent stake in NSE, one of the largest stock exchanges in the world, in 2016. The firm wants to keep its investment until the bourse goes public

Markets pricing in 400 seats for NDA in 2024 Lok Sabha elections: Analysts

The markets are already pricing in a victory for Modi-led National Democratic Alliance (NDA) in the upcoming general elections, and expect the alliance to achieve its 400-seat target, suggest analysts

RBI interest rate decision, global trends to dictate stock mkts: Analysts

The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities

RBI curbs on Patym to have major impact but valuation remains attractive

The fintech firm said it will compensate by expanding existing relationships with third-party banks to distribute payments, financial services and products

Post-Budget optimism takes Nifty to new high; Sensex ends 440 points higher

Softening of US, domestic bond yields spurs appetite for risky assets

Absence of surprises in Budget: Mkts flat as investors look for triggers

The Sensex ended the session at 71,645, a decline of 107 points or 0.2 per cent, while the Nifty50 index fell 17 points, or 0.08 per cent, to end 21,709

Sebi reviewing small, mid-cap funds' capacity to bear sharp falls: Report

While Sebi has completed one round of stress test reviews, it wants funds to test for more adverse scenarios, report says

SME listings to undergo changes, AIBI to review eligibility, framework

Industry body forms committee to review networth threshold

PNB: Upsides capped as strong Q3 show, outlook reflected in valuations

Net interest income grew 12% YoY to Rs 10,300 crore as net interest margins improved 4 basis points QoQ to 3.15%

Strong launch pipeline factored into realty major DLF's valuations

The rental income in DCCDL's commercial portfolio increased by 8 per cent YoY to Rs 1,100 crore with a 21 per cent rise in retail income

RIL drives markets to best day in 2 months; Sensex rises 1,241 points

RIL and HDFC Bank contributed to over half of these gains

Mixed outlook for Tata Steel stock as global demand remains soft

In Q3FY24, Tata Steel's standalone revenue increased by 2 per cent year-on-year (Y-o-Y) to Rs 34,700 crore, in line with consensus

Weak Q3 FY24 performance weighs on SBI Card, AU Small Finance Bank

Analysts downgraded the stock tracking elevated provisions, interest rates, and funding costs

Slow improvement in sales could weigh on pharma firm Laurus' performance

Company reported lower-than-expected revenue after missing target in key segment

Market regulator Sebi's move gives fillip to accredited investors

Number of such investors surged 75% in the last month since the onboarding process was simplified