Indian IT stocks faced persistent selling pressure in today’s trading session. Starting with the opening bell, the stocks experienced downward momentum, resulting in the Nifty IT index plummeting by 2.57% to reach an intraday low of 33,576 points, hitting the lowest level in CY24. The sharp decline in stocks reflectsRead More →
It focuses on in-house manufacturing with a high degree of backward integration and has 25 manufacturing facilities. Over the past year, the company’s shares have surged from ₹3,097 to the current trading value of ₹5,313.85 apiece, marking a substantial gain of 71.6%. However, in January, the stock faced significant sellingRead More →
This fresh flare-up of tensions in West Asia dealt a blow to market sentiment across the globe. Indian stock market benchmarks the Sensex and the Nifty 50 fell over a per cent each in morning trade on Monday, April 15. Also Read: Stock market crash today: Why is India stockRead More →
Their comments came after the Tel Aviv Stock Exchange’s (TASE) benchmark TA-35 index closed up 0.27% at 1938.18 on Sunday despite Iran’s overnight drone and missile attacks. The TASE runs from Sunday through Thursday. On Sundays, it opens at 9:59 am and closes at 3:39 pm, and operates between 9:59Read More →
Bitcoin down: Bitcoin slumped 7.9 percent to $61,842 at 21:00 GMT on April 13 after news of Iran’s retaliatory drone strikes on Israel broke out, Reuters reported. The world’s largest cryptocurrency by market capitalisation, lost $5,308 from its previous close last evening. It pared some losses by the morning ofRead More →
Top News The RBI’s MPC decided to keep the repo rate unchanged at 6.5% as on 5th April 24. Large-cap funds experienced the highest inflows of FY24, totaling ₹2,128 crore. Tata AMC and Bandhan AMC has launched the NFOs for Tata Nifty Auto,Tata Nifty 500 Multicap India Manufacturing, Tata NiftyRead More →
Equities saw their worst day since January after a news report that Israel was bracing for an attack by Iran on government targets. Approximately 40 launches were identified crossing from Lebanese territory, some of which were intercepted, the Israel Defense Forces wrote in a post on X. US President JoeRead More →
“IDFC First Bank has built a well-rounded platform, arguably among the most improved deposit franchises. Operational efficiencies will play out from H2FY25, and over FY24-27 strong deposit growth will aid loan growth that should aid 28 percent EPS CAGR even as credit costs rise. Improving ROA (to 1.5 percent) andRead More →
Shares of food firm Aayush Foods and Herbs have given exceptional multibagger returns to their investors in the last 1 year. This stock has soared 900 percent in this period, from ₹20 in March 2023 to currently trade at ₹200. Meanwhile, in the last 4 years, since March 2020, theRead More →
Godrej Properties, a leading real estate developer in India, witnessed a remarkable surge of 7.85% in its shares, reaching a new peak of ₹2,791.20 each during early trading on Tuesday. This surge follows the company’s outstanding performance for the quarter ending March. In a regulatory filing on Monday, the companyRead More →
