Ahead of Market: 10 things that will decide stock market action on Monday

Ahead of Market: 10 things that will decide stock market action on Monday

The Indian stock market ended lower on Friday, curbing its weekly gains, as broad sectoral losses and investor concerns over escalating geopolitical tensions following a deadly militant attack in Kashmir weighed on market sentiment. The benchmark BSE Sensex lost 588.90 points or 0.74% to close at 79,212.53, while the broader Nifty 50 index closed at … Read more

YES Bank Q4 results: Net profit jumps 63% YoY, NII up 6%

YES Bank Q4 results: Net profit jumps 63% YoY, NII up 6%

Private sector lender YES Bank on Saturday reported that its March quarter standalone profit rose 63.3% year-on-year (YoY) to Rs 738 crore while its net interest income (NII) surged 5.7% YoY to Rs 2,276.3 crore. Both the net profit and NII figures were above Street estimates. During the quarter, the bank’s interest income rose 2.3% … Read more

Yes Bank Q4 review: PAT may jump up to 44%, but NII faces margin headwinds

Yes Bank Q4 review: PAT may jump up to 44%, but NII faces margin headwinds

Yes Bank is expected to report double-digit growth in its March quarter earnings, with net profit rising by 35–44% on a year-on-year basis, according to estimates by a couple of brokerages. The topline could be in the range of Rs 608 crore to Rs 652 crore in Q4FY25. The lender’s Net Interest Income (NII) could … Read more

India inflation in March likely steady after four months of decline: Reuters poll

India inflation in March likely steady after four months of decline: Reuters poll

India consumer prices likely rose around the same rate in March as they did in February following four months of declining inflation, as a sharp rise in gold prices offset flat food prices, a Reuters poll showed. Food price rises had steadily moderated over the previous four months but likely bottomed in March as the … Read more

SBI halts Amrit Kalash FD offering 7.60% interest rate; Amrit Vrishti to continue

SBI halts Amrit Kalash FD offering 7.60% interest rate; Amrit Vrishti to continue

State Bank of India (SBI), the country’s largest lender, has ceased its Amrit Kalash fixed deposit (FD) scheme, which was earlier available for a limited period. This scheme offered a notable interest rate of 7.10% per annum for regular investors and a higher rate of 7.60% for senior citizens on a 400-day deposit. According to … Read more

MobiKwik, Cred join hands with RBI to fully launch CBDC (e₹) for Android; check features, usage

MobiKwik, Cred join hands with RBI to fully launch CBDC (e₹) for Android; check features, usage

One Mobikwik Systems Ltd. and Cred have recently initiated their individual e-rupee pilot programs in partnership with the Reserve Bank of India (RBI). This collaboration marks their distinction as the pioneering fintech platforms to join hands with the RBI for the implementation of the central bank digital currency (CBDC). Yes Bank has been selected as … Read more

Q2 results this week: ICICI Bank, ITC, Bajaj Housing Finance, Zomato among 182 companies to announce earnings

Q2 results this week: ICICI Bank, ITC, Bajaj Housing Finance, Zomato among 182 companies to announce earnings

The second quarter earnings season is underway and as many as 182 companies will declare their results this week. Some of the marquee names include ICICI Bank, YES Bank, ITC, Bajaj Housing Finance, HUL, Ultratech Cement, Bajaj Finance, Bajaj Finserv, IndiGo, Paytm, and Zomato among others. Here are the key earnings to watch out next … Read more

Q1 results this week: RIL, Paytm, Infosys, Jio Financial among 418 companies to announce quarterly earnings

Q1 results this week: RIL, Paytm, Infosys, Jio Financial among 418 companies to announce quarterly earnings

This week, 418 companies will release their June quarter earnings, including Jio Financial, Paytm, Bajaj Auto, Asian Paints, LTIMindtree, Infosys, Reliance Industries, Wipro, Union Bank of India, Kotak Mahindra Bank, Tanla Platforms, Tata Technologies, and YES Bank. Here’s the list of major companies that will announce their Q1 results this week: July 15Jio Financial Services, … Read more

Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc

Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc

Indian markets opened at record highs but experienced some correction due to a lack of sustained buying on Tuesday. In today’s trade, shares of YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc due to various developments. DMartAvenue Supermarts, which operates DMart stores, reported a standalone revenue of Rs 13,712 crore for the quarter ended June … Read more