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The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 22,080 level, a discount of nearly 60 points from the Nifty futures’ previous close. Continue Reading »
Indian stock market: Gift Nifty was trading around 22,095 level, a discount of nearly 45 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices. Continue Reading »
Apart from loan growth, the focus is on sustaining NIM at the current level and the correction of a bloated cost-to-income ratio more through increasing income rather than cutting costs. Continue Reading »
Vodafone Idea's follow on public offer drew in most investors as it had a trickledown effect on Indus Towers which will benefit from the No 3 carrier's 4G and 5G rollouts. The upside from tariff hikes expected post elections also created investors interest for No 2 carrier Bharti Airtel. Continue Reading »
As soon as the elections are over the market will quickly focus on the budget, due in July, with possible increase in capital gains tax as a major concern, feels Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies LLP. Continue Reading »
Q4 results today: UPL, Tube Investments, Chalet Hotels, Karur Vysya Bank, Inox India, Electrosteel Castings, Bombay Burmah Trading Corporation, Balkrishna Paper Mills, TCFC Finance, Eiko Lifesciences, and Cera Sanitaryware are among the companies that will announce their Q4 earnings today. Continue Reading »
Balrampur Chini Mills, Canara Bank, GMR Airports Infrastructure, Hindustan Copper, Vodafone Idea, PNB, SAIL, and ZEEL are the eight stocks in the F&O ban list by the National Stock Exchange for May 13. Continue Reading »