They replaced ACC, Nykaa, HDFC AMC, Indus Towers and, Page Industries in the 50-share index
Zomato, for instance, has been the only new-age company which has achieved profitability in the April-June quarter (Q1) of the current financial year (FY24)
Closing Bell on August 14, 2023: In the broader markets, the BSE MidCap and SmallCap indices underperformed the benchmarks as they fell 0.5 per cent each
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RBI's I-CRR move, hawkish remarks by Fed official, China debt woes add to investor concerns
Rising crude oil prices, traction in China equities and high inflation concerns are casting a shadow on the road ahead for the Indian equities, believe analysts at Jefferies.
Stocks to Watch today, August 3, 2023: Titan Co reported a lower-than-expected quarterly profit at Rs 770 crore
As trading volumes are likely to be firm, broking industry revenues could be healthy in fiscal 2023-24 (FY24), even as the yields may not have much further to fall
Stocks to Watch today, August 2, 2023: According to reports, Campus Activewear is expected to see a block deal for eight million shares at a price of Rs 295-300 apiece.
Stocks to Watch on Tuesday, August 1, 2023: The Board of ITC will meet on August 14 to announce Q1FY24 results, and consider the Scheme of Arrangement for the demerger of Hotels Business
The Delhi-based firm is now valued at Rs 5,113 crore, nearly 110x its FY23 net profit of Rs 47 crore
Market's focus has shifted to corporate earnings' growth, backed by comfort in valuations, says Naveen Kulkarni, chief investment officer at Axis Securities.
Analysts see investors to be out on the tiles
Nearly 10 large brokers are yet to offer the relaunched Sensex and Bankex derivatives on their platforms, say they are working on back end
Closing Bell on July 21, 2023: The benchmarks snapped their 6-day winning run. Among sectoral indices, the Nifty IT index shed 4 per cent, followed by the Nifty FMCG index (down 1 per cent)
Sequentially, margins are expected to contract in the first quarter (Q1) of 2023-24 financial year (FY24) versus Q4 FY23
Closing Bell on July 20: The market discovered price of Jio Financial Services as Rs 261.85 per share, much higher than estimates
Closing Bell on July 19: The S&P BSE Sensex touched a lifetime peak of 67,171, while the Nifty50 hit 19,852 intra-day
Software development company Tridhya Tech on Friday said it has raised Rs 26.41 crore through its SME initial public offer, riding on strong demand from non-institutional and retail investors. The public issue comprising 62.88 lakh shares opened on June 30 on the NSE's SME platform Emerge and closed on July 5. The company has finalised the issue price at Rs 42 per share, the upper limit of its price band of Rs 35-42, thereby raising around Rs 26.41 crore, a company statement said. Shares of the company will be listed on the NSE Emerge platform on July 13, 2023, following the successful IPO which was subscribed around 72 times, it added. Proceeds from the issue will be utilised for the repayment of unsecured and secured loans and general corporate purposes for business activities. According to market data, non-institutional investor category received the highest interest and was subscribed over 182.72 times, garnering bids for 16.34 crore shares as against 29.88 lakh shares on ...
Stocks to Watch on Thursday: JSW Steel will replace HDFC in the S&P BSE Sensex effective from July 13. Moreover, Zomato will replace the stock in S&P BSE 100 index