Page 7 - Domestic Markets

IDFC First slumps 10% after posting a 72% slip in its net profit in Q2FY25

IDFC First Bank's consolidated profit slipped 71.6 per cent to Rs 211.94 crore from Rs 746.85 crore a year ago

BoB gains 5% after reporting Q2 results; Check why the stock is in demand

BoB's net profit during the quarter under review rose 23.2 per cent Y-o-Y to Rs 5,238 crore

Market today: Waaree, Deepak Builders' IPO listing, Q2 results, oil prices

Shares of Deepak Builders & Engineers India Ltd and Waaree Energies Ltd will list on the bourses today

A plunge not seen since Covid outbreak: A $10 billion question mark

India's market faces a perfect storm as FPIs abandon ship, leaving domestic buyers adrift. With Nifty 50 down 6.3% and Midcap 100 sinking 8.11%, will the bleeding stop?

Zomato share price slips 3% as company clarifies hiking platform fees

Zomato said that hiking platform fees was not a rumor, as the source of information mentioned in the article is the Zomato mobile application itself.

Tata Communications up 3% on tie up with Nvidia for AI cloud infra in India

Tata Communications will upgrade its Artificial Intelligence (AI) cloud infrastructure in India in collaboration with Nvidia

Shriram Finance gains as board to mull over stock split, dividend on Oct 25

Shriram Finance has fixed the record date for payment of its interim dividend on Thursday, November 7, 2024

Maharashtra Scooters up 8% as it deemed fit for special-call auctions

Maharashtra Scooters has at least 90 per cent of its assets invested in Bajaj group companies

Sensex tanks 495 pts, Nifty at 24,750; Why India stock markets fell today?

Sensex fell below the 81,000 mark. NSE Nifty slipped below 25,000 in trade

CRISIL gains 8% on 13% growth in Sept quarter net profit; Rs 15 dividend

CRISIL's consolidated net profit in Q3 2024 rose by 12.86 per cent Y-o-Y to Rs 171.55 crore

SRF slips 4% as UBS downgrades to 'Sell' from 'Buy'; sees downside of 22%

The market's expectation of a demand recovery for SRF's chemical segment will be met with disappointment, UBS said

Antony Waste up 7% after posting record collection and transportation in Q2

Antony Waste Handling Cell's combined tonnage for collection and transportation (C&T) and processing reached 1.19 million tonnes in Q2, implying an annual growth of 4 per cent

India-dedicated funds log first weekly redemption since March 2023

China's resurgence, expensive valuation dim India appeal; Midcap funds see 14th week of outflows

Indices hit new highs on volatile day; Rupee, government bonds gain

While benchmark indices rallied close to 1 per cent in early trade and made new record highs, valuation concerns and a sharp selloff in the broader markets led to profit-taking

Market Highlights, Aug 29: Sensex, Nifty end at record; RIL to invest Rs 75k cr in new energy biz

Stock Market Highlights Today, Thursday, Aug 29: The BSE Sensex ended 349 points higher at 82,135 level, while the Nifty50 closed 100 points higher at 25,152

Govt proposes domestic sale of raw sugar, ending six-decade-old ban

Raw sugar commands a higher price than refined sugar and could boost revenue in the market

Stock Market Highlights, Aug 27: Sensex, Nifty end flat; Smallcap shares shine; ZEE soars 11.5%

Stock Market highlights on Tuesday, August 27: 31 out of 50 listed stocks of Nifty50 ended lower, dragged by Titan Company, Hindustan Unilever, JSW Steel, Coal India, and Grasim

Major domestic appliances market sees 18% growth in first half of 2024

The market of major domestic appliances saw an 18 per cent value-based growth in the first half of 2024, helped by a strong demand for essential household items, according to a report from GfK. The growth in MDA (major domestic appliances) market was led by Key categories such as air-conditioners and refrigerators, which reported a growth of 30 per cent and 7 per cent, respectively. "This growth is 3X of growth in 2023 over the previous year," said the report from GfK, which is now an NIQ Company, a leading global market and consumer intelligence firm. The small domestic appliances market recorded a 29 per cent increase in value, reflecting heightened consumer interest in home convenience products, according to the report. The report also added that customers are now looking for feature-rich and premium products, which is fuelling the value growth in the appliance segment. Now washing machines with capacities of 9kg or above have recorded an "impressive growth rate of 30 per cent"

Stock Market Highlights, July 9: Sensex rises 391 pts, Nifty holds 24,400; Maruti leaps 6%, ITC 2%

Stock Market Highlights on July 09, 2024: The benchmarks Nifty, and Sensex indices hit record highs in intraday trade

'Domestic flows will sustain, but will not rise meaningfully from here'

The pockets of the market in which excess exuberance can be seen will undergo a reality check of earnings and valuations, said Gautam Sinha Roy of ICICI Pru Life Insurance