Stock Market Highlights on May 27, 2024: Among sectors, the Nifty PSU Bank index gained over 1 per cent, and the Nifty Bank 0.6 per cent
Bosch's net profit rose 41.5 per cent on a year-on-year (Y-o-Y) basis to Rs 564 crore, from Rs 399 crore in the same quarter a year ago (Q4FY23)
ICICI Securities stressed upon NTPC's position in the increasing total addressable market for power capex, benefiting from both conventional and renewables sectors
Over the past few months, Infosys' stock has been consolidating within a narrow trading range, approximately between Rs 1,400 and Rs 1,450
PSP Projects stock fell as much as 4.27 per cent to hit an intraday low of Rs 656.20 per share
The surge in JK Lakshmi Cement share was fuelled by robust Q4FY24 results, which came in line with street estimates
Technical indicators such as the RSI, MACD, and Stochastic are showing signs of potential correction and underperformance for the Nifty Pharma index
PGEL forecasts revenues of Rs 3,400 crore, a growth of 23.8 per cent over FY24 consolidated revenues, despite the transfer of the TV business to Goodworth Electronics
GMM Pfaudler's consolidated net profit dropped 14 per cent to Rs 28.7 crore in Q4FY24, from Rs 33.3 crore in the same quarter a year ago (Q4FY23)
The decline followed the company's announcement of its Q4 results, which fell short of market expectations. Paytm's loss widened to Rs 549.6 crore in Q4FY24
At 6:53 AM, GIFT Nifty futures were trading down 13 points at 22,644.50 against Nifty futures
The fall came after the company announced its Q4 results, which missed street expectations.
Shares of Zomato have soared 57 per cent so far in 2024, but those of Paytm have tumbled 46 per cent
Cipla was in a downtrend and corrected ~13 per cent in the recent fall. On the daily charts it formed an Inverted Head and Shoulders pattern which is a Trend reversal pattern
Despite tech shares propelling the Nasdaq Composite to record highs, most Asia-Pacific markets saw declines
JSW Steel's consolidated net profit dropped 64.5 per cent to Rs 1,299 crore, from Rs 3,664 crore in the previous year. Sequentially, the profit fell 46 per cent, from Rs 2,415 crore
On a yearly basis, Crompton Greaves' profit soared 5.5 per cent to Rs 138.4 crore in the March quarter of FY24, from Rs 131 crore in the March quarter of FY23
Across Asia, trading sentiment dipped as retail sales data fell short of street expectations, with a modest 2.3 per cent increase in April compared to the previous year
The surge came following the announcement of a strategic collaboration with Europe's EET Group to bolster its cybersecurity offerings
In past three days, the stock of Kirloksar Group company has surged 32% after it posted a solid 57% YoY jump in its consolidated PAT at Rs 142.7 crore in the March quarter