Nuvama Wealth Management on Thursday said its consolidated profit after tax (PAT) rose 19 per cent to Rs 264 crore in the April-June period of the current fiscal. Revenues during the first quarter of FY26 grew 15 per cent to Rs 770 crore, Nuvama said in a statement. Revenues from the Wealth Management vertical increased … Read more
Gold softened on Friday as the dollar and Treasury yields firmed after U.S. inflation data matched expectations, but the bullion is set for weekly and monthly gains as a September interest rate cut by the U.S. Federal Reserve remains in play. Spot gold was down 0.2% at $2,515.99 per ounce, as of 9:52 a.m. ET … Read more
NEW DELHI: The month of April may prove fruitful for equity investors as FII short covering could continue till Nifty touches at least 18200, says Rishi Kohli, CIO, Hedge Fund Strategies, InCred Alternative Investments. “HNIs have been offloading positions and getting cautious on every rise so their positions are very light and one of the … Read more
, part of the FMCG sector, is looking strong from a valuation perspective as well as from a growth point of view which makes it a preferred long-term buy, suggest experts. The FMCG stock is trading with a Mcap of over Rs 97000 cr as on 7 November. It hit a record high of Rs … Read more