India Inc’s first-quarter earnings have been mixed so far, with better-than-expected numbers from IT companies but slightly underwhelming performance from banks. As we approach the end of the earnings season, several companies, including Airtel, ONGC, LIC, Vedanta, and Tata Power, will announce their June quarter results this week. August 5 Bharti Airtel, ONGC, Marico, Bharti …
The combined market valuation of six of the top 10 valued firms jumped ₹1,85,186.51 crore last week, with Life Insurance Corporation of India (LIC) and Infosys emerging as the biggest gainers. Last week, the BSE benchmark climbed 728.07 points or 0.90 per cent. Get Quick Cash in Minutes! Best Personal Loan at Lowest Interest Rates …
Shares of railway, defence and PSU stocks rose up to 2% on Tuesday on BSE ahead of the Union Budget, scheduled to be presented by the Finance Minister at 11 am.Among railway stocks, RailTel gained the most, rising 3% to Rs 537.50, while other stocks like Ircon International, IRCTC, IRFC and RVNL were trading flat. …
Eight of the top-10 most valued firms together added ₹1,83,290.36 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers, in line with a rally in equities. Last week, the BSE benchmark jumped 963.87 points, or 1.21 per cent. The market valuation of TCS jumped …
On Monday evening, LIC revealed that it recorded net profit of ₹40,676 crore in FY24 compared to ₹36,397 crore in FY23, on the back of higher income from renewal premium (one earned from existing policies that are older than 12 months), better income from investment activities, and a slight increase in value of new business …
The FOMC’s decision to hold interest rates steady at 5.25-5.5% reflects confidence in the US market’s upward economic trajectory. Despite maintaining a forecast of lowering rates to 4.6% by 2024, the latest “dot plot” indicates a shift in expectations, with fewer members anticipating multiple rate cuts this year. With signs of economic resilience and a …
Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, ended the day higher for the third straight session on Friday amid mixed global cues. On Friday’s session, the 30-share BSE Sensex ended higher by 190.75 points or 0.26% at 72,831.94 level while the Nifty 50 closed at 22,096.75 level, up …
Stocks To Watch March 22: Domestic markets surged on Thursday following a rally in global markets after the US Fed projected three rate cuts this year. In today’s trade, shares of Infosys, Wipro, Prestige Estates, Tata Chemicals, Tata Communications among others will be in focus due to various news developments. Bharat Dynamics: The company’s board has …
LIC Housing Finance Ltd (LICHFL) plans to raise funds through green bonds in the next financial year with an aim to finance environmentally-sustainable housing projects. “Green financing is something that we will look at the next year and we would deploy the fund for financing green housing projects,” LIC Housing Finance managing director and chief …
Dividend stocks: Shares of Life Insurance Corporation of India (LIC), JK Lakshmi Cement, MRF, Hero MotoCorp, SJVN, Sula Vineyards, Mrs. Bectors Food Specialities, Cummins India, Electrosteel Castings, NCL Industries, PI Industries, PlatinumOne Business Services, Premco Global, Saregama India, Uniparts India, United Van Der Horst, and Eastern Logica Infoway will be in focus when the stock …