Shares of Anil Ambani-led Reliance Power surged 8.64% to Rs 43.37 on the BSE in early trade on Thursday, after the company reported a net profit of Rs 41.95 crore for the December quarter. This marks a strong rebound from a loss of Rs 1,136.75 crore during the same period last year. Meanwhile, the firm … Read more
Domestic markets opened the week on a positive note, gaining nearly half a percent in line with last week’s momentum. In today’s trade, shares of Reliance Power, Coal India, AstraZeneca India, PNB, Power Grid among others will be in focus due to various news developments. Reliance PowerReliance Power’s board approved issuance of up to 46.20 … Read more
Indian Railway Finance Corporation Share Price 159.56 04:04 PM | 23 Sep 2024 -1.88(-1.16%) Suzlon Energy Share Price 82.89 04:04 PM | 23 Sep 2024 -0.57(-0.68%) Indian Renewable Energy Development Agency Share Price 230.24 04:04 PM | 23 Sep 2024 -2.13(-0.92%) Tata Motors Share Price 971.8 04:04 PM | 23 Sep 2024 0.95(0.1%) YES Bank … Read more
Domestic markets edged higher for the second consecutive week, moving closer to record highs, supported by favorable cues. In today’s trade, shares of Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp among others will be in focus due to various news developments. Transport CorporationTransport Corporation of India announced that it will conduct its first-ever … Read more
Mumbai: Power stocks were among the top gainers on Tuesday, riding the bullish momentum in the past month, as investors bet that the government’s increased thrust on manufacturing would boost the demand for energy. The BSE Power Index, which gained 10% in the last month, rose 1.5% on Tuesday. Analysts believe the favourable government policies … Read more
Indian equities ended on a positive note on Thursday, despite weak global sentiment. The Nifty settled with a minor gain of 30 points at 19,465, while the Sensex added 137.5 points, ending at 65,539. Sectorally, the media, realty, and healthcare indices led, while the metal index ended with a decline of 0.94%. Investor sentiment has … Read more
Indian equities, ahead of the crucial RBI policy outcome on Thursday, ended on a positive note. The Nifty settled at 19,633, up 62 points, while the Sensex added 149 points, settling at 65,996. Sectorally, the trend was mixed with metal and media emerging as top gainers, while realty was the laggard. Here’s how analysts interpret … Read more
Indian equities fell on Tuesday, breaking their two-day winning streak, as investors turned cautious ahead of the key events — RBI’s monetary policy and the US inflation data — due to be announced later this week. Continuous foreign fund outflows and weak trend in Asian and European markets also played spoilsport for the domestic markets. … Read more
Equity benchmark indices Sensex and Nifty fell by 1% on Wednesday on weak global market trends and continuous foreign fund outflows. Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance” over the past two decades. The … Read more
Indian equities ended on a somewhat flat note amid mixed global cues in a range-bound trade. The Nifty finished below 19,750, slipping a marginal 20 points. Sectorally, IT, metal, pharma, and private bank indices saw gains, while all other sectors experienced cuts. Given the current market dynamics, analysts recommend adopting a stock-specific approach in the … Read more