Shares of Bajaj Housing Finance to remain in focus today as the newly listed housing finance company posted reported a 21% year-on-year (YoY) increase in net profit at Rs 545.6 crore for the second quarter that ended September 30, 2024. Bajaj Housing Finance’s Q2FY25 Performance The company posted a 21% year-on-year (YoY) increase in net
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended 26.50 points or 0.11% up at 24,806.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on
India’s import bill for natural gas surged by 18.5% to $7.7 billion during the first half of the current fiscal compared with $6.5 billion in the same period a year ago due to a rise in consumption particularly by the city gas distribution (CGD) companies and the power sector, data from the Petroleum Planning and
Apart from higher costs and other difficulties, the disruption caused by the two war zones in the world has added to the liquidity woes of India’s exporters as they deal with longer payment schedules and the impact of the situation on export credit which is falling consistently since 2022. At the end of March 2022
The low market share of the BSE in monthly options contracts may limit its potential for gains once the Securities and Exchange Board of India’s (SEBI) new index derivatives trading norms come into effect, according to experts. Brokerage firm Jefferies pointed out that the BSE holds a 10% market share in monthly contracts, which remain
Franklin Templeton India re-entered the debt space with its ultra-short duration fund recently after it abruptly decided to shut down six schemes in March 2020. Rahul Goswami, CIO & MD, India Fixed Income tells FE that while the flows into the fixed income space has been muted, he expects things to improve. Excerpts: What will
The demand for tech talent (excluding freshers) from GCCs (Global Capability Centres) continued to outpace that of IT companies in the second quarter of FY25, as clients’ discretionary spending showed a slower recovery. According to industry data from TeamLease Digital, GCCs accounted for 52.6% of job openings for tech profiles in the September quarter, maintaining
Unity Small Finance Bank, backed by BharatPe and Centrum Financial Services, will consider listing in two-three years, a senior official said. “According to Reserve Bank of India (RBI) guidelines, a bank must be in existence for five years (before listing). We are completing third year of operations, and I think we will actively explore this
Go to Live UpdatesAdani Power Share Price Today Live Updates, 08 Jan, 2025: The Adani Power share is in news and the counter closed trade on 07 Jan, 2025 at Rs 510.2. The shares touched intraday high of Rs 521.05 in the last trading session while the intraday low was at Rs 497.75. The company’s
Go to Live UpdatesNTPC Share Price Today Live Updates, 08 Jan, 2025: The NTPC share is in news and the counter closed trade on 07 Jan, 2025 at Rs 328.85. The shares touched intraday high of Rs 330.40 in the last trading session while the intraday low was at Rs 325.10. The company’s market capitalization
Gold prices in India are shaped more by global trading trends than by local demand and supply, with markets like London OTC and COMEX playing a key role. “Gold is trying to form a base around the $2600-20 (~Rs 76000-500) support zone for up leg towards $2680 (~Rs 78000) and $2720 (~Rs 79000). Silver has
India’s export of petroleum products in December increased by 3.1% to 1.37 million barrels per day against 1.33 million barrels per day in the corresponding period of last fiscal 2023-24, as per data from energy cargo tracking firm Vortexa. The exports also increased by 4.5% from 1.31 million barrels per day in the previous month.
By Krishna Barot Despite unfavorable climate conditions and the early annual closure of tea gardens, which resulted in a tepid year for India’s tea industry, the Ahmedabad – based Wagh Bakri Tea Group has maintained a steady upward trajectory in the market. Speaking to the media, company CEO Sanjay Singal revealed that, with its annual