The stock market takes a dip as Sensex falls over 100 points and Nifty tests 19,700. Companies like Tejas Networks, Coffee Day, and Olectra Greentech experience a decline of up to 7%.
Indian equity benchmarks traded lower in early deals on Monday amid weak global cues. The domestic indices were dragged by energy, consumer durables and metal shares. The 30-share BSE Sensex pack fell 113 points or 0.17 per cent to trade at 66,572, while the broader NSE Nifty moved 32 points or 0.16 per cent down […]
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The markets were hit hard today, with IT stocks taking the biggest plunge. Let’s take a look at what caused this unexpected drop and how traders are responding to it.
IT giant Infosys and several other IT companies experienced a notable drop in their share prices during early trade on Friday. The decline was significant for Infosys, with its stock falling nearly 9%. Other IT companies, including Persistent, Wipro, HCL Tech, Tech Mahindra, and TCS, also witnessed a drop in their shares in the range […]
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Attention all investors! The moment we’ve been waiting for has arrived – the Netweb Tech IPO allotment is happening today! Stay tuned for updates and keep those fingers crossed!
Netweb Technologies India’s initial public offering (IPO) has garnered a remarkable response from investors, with the issue being oversubscribed more than 90 times during the three-day bidding process from July 17 to July 19. Key highlights of the IPO subscription: The primary stake sale of Netweb Technologies at the price range of Rs 475-500 per […]
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UtkarshSmallFinanceBank has made a remarkable debut on D-Street, listing at a whopping 60% premium! We are thrilled to witness such a strong start and look forward to serving our customers with utmost dedication and commitment.
Utkarsh Small Finance Bank’s entry on the stock exchange has been highly impressive, as the stock debuted with a significant premium over its IPO price. The company’s IPO price was set at Rs 25, but when the stock was listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), it opened at […]
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Attention all stock-traders! Look out for these stocks in the news today: and more. Get ready to make your moves – it’s go time!
Domestic equity market’s performance on Friday. The market witnessed a significant decline due to profit booking, particularly in response to the muted first-quarter earnings reported by two major companies, Infosys and Hindustan Unilever Limited (HUL). Here are the key points from the market’s performance: ICICI Bank ICICI Bank’s first quarter profit climbed 40% YoY to […]
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Infosys shares take a hit, dropping almost 9% in early trade. The reason behind this sudden decline is worth noting. Stay tuned for more updates.
Infosys, one of India’s leading software exporters, experienced a sharp decline in its share price, falling approximately 9% in early trade on a Friday. This decline was triggered by the company’s decision to revise its full-year revenue growth projection and disappointing first-quarter profit results. The company had previously projected its full-year revenue growth to be […]
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YES Bank shares are in focus today after their Q1 earnings! It has been a volatile year for the company, but investors will be hopeful of a healthy bottom line. Are you watching YES Bank closely?
YES Bank, a private sector lender, reported a net profit of Rs 342.52 crore in the first quarter of the current fiscal year (Q1 FY23), representing a 10.26% increase from the previous year’s Q1 profit of Rs 314.3 crore. The bank’s earnings were announced on Saturday, July 22, 2023. Following the earnings announcement, the stock […]
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Exciting news! A subsidiary of Foxconn has proposed to invest Rs 8,800 crore for a new manufacturing plant in Karnataka. This will create thousands of jobs and give a major boost to the state’s industry.
Foxconn Industrial Internet (FII) is indeed a subsidiary of Foxconn, the prominent manufacturer of Apple iPhones and other electronic products. However, the specific investment proposal mentioned in your message for establishing a supplementary manufacturing plant in Karnataka for Rs 8,800 crore and creating over 14,000 job opportunities is not within my database. It’s important to […]
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Record Q1 results that make us proud! IndusIndBank posted a net profit of Rs 2,124 crore in the first quarter of 2021-22, registering an impressive growth of 32.3%. Time to celebrate these stellar numbers!
The bank’s net profit climbed by 32.5 per cent year-on-year to reach Rs 2,124 crore, surpassing analysts’ estimated profit of Rs 2,055 crore. Private sector lender IndusInd Bank exceeded first-quarter profit projections as it witnessed significant loan expansion and a decline in provisions for non-performing loans. The bank’s net profit climbed by 32.5 per cent […]
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