July sees cash levels climb to 5.4%, up from June's 4.6%
Voltas saw strong growth in both UCP (Unitary Cooling product) and EMPS (electro mechanical projects) segments. It reported a profit in EMPS versus expectations of loss
Fresh public doubt necessitates Sebi to conclude its probe and declare findings: petitioner
Experts suggest Chair may have used term loosely
Life Insurance Corporation of India (LIC) MD and CEO Siddhartha Mohanty has said that the corporation is looking to make fresh investments of around Rs 1.30 lakh crore in equities during the current financial year. During April-June FY25, the insurance behemoth made an investment of about Rs 38,000 crore in shares as against Rs 23,300 crore in the same period a year ago. LIC earned a profit of Rs 15,500 crore from its investments in equity markets during the first quarter. The profit from its investment was higher by 13.5 per cent quarter-on-quarter. "We are surely looking at the markets and price movements...we are looking to invest a good amount at least whatever we had invested in last financial year...LIC made an investment of around Rs 1.32 lakh crore in FY'24," he said. Market value of LIC's investment in stocks of various companies stood at around Rs 15 lakh crore at the end of June, he said. LIC has exposure in 282 companies through investment in their shares as of June 30
The heatwave featured no fewer than 80 times in earnings calls for the quarter ended June
Meanwhile, the RBI kept rates unchanged for a ninth straight meeting
Stock Market Highlights on Aug 8 2024: The day ended in favor of the bears as 41 out of 50 constituent stocks of the Nifty50 ended lower
Complete ban on use of derivatives, will be made to furnish granular disclosures
Doubling of trading turnover boosts revenues, profits for both bourses
Stock Market Highlights on August 7: As many as 44 out of 50 constituent stocks of the Nifty50 ended higher, with ONGC, Coal India, Adani Enterprises, and Adani Ports gaining up to 7.45 per cent
Unless there is a sharp upside surprise in terms of volumes, or some unusual gains in margins
Stock Market Highlights on August 6: On the BSE, 17 out of 30 listed stocks of the Sensex ended in the red, with State Bank of India, Mahindra & Mahindra, and Bharti Airtel being the top drags
Analysts believe that Motherson Wiring's Q1 show was muted due to start-up costs of two new plants, resulting in lower-than-estimated growth in profits and operating margins
Stock market crash Both the Sensex and Nifty crashed today amid fears of recession, uncertainty over rate cuts, geopolitical tensions, and high valuations in the Indian market.
The Indian stock market experienced one of the worst falls today following turmoil in global financial markets. Watch the video to know the key factors behind the fall.
The pharma index was the only healthy pulse amid Friday's market declines
Says exemption will be granted only if the fund's India equity AUM is less than 25% of the global AUM and global AUM is higher than Rs 10,000 crore
One of the largest mutual fund (MF) distributors Prudent Corporate Advisory on Monday informed exchanges that its total MF assets under management (AUM) has crossed Rs 1 trillion
The US Fed interest rate decision, ongoing quarterly earnings, macroeconomic data and FII trading activity are the major triggers that will drive stock markets this week, analysts said. Investors would also track global market trends and the movement in global oil prices for further cues. "This week, the focus will shift to global cues, particularly the US markets, Santosh Meena, Head of Research, Swastika Investmart Ltd said. The US Federal Reserve is set to announce its interest rate decision on July 31, which will be crucial as the market anticipates a potential rate cut soon this year. Additionally, other macroeconomic data from the US and China will be closely monitored. On the domestic front, Q1 earnings will remain a key trigger, with many large companies scheduled to report their results," Meena said. GAIL, Adani Power, Bank of Baroda, BHEL, Coal India, M&M, Maruti, Tata Steel, Adani Enterprises and Tata Motors are among the companies which will announce quarterly ...