By Ajit Mishra The markets remained under pressure for the third consecutive week, losing nearly half a percent as the corrective phase continued. While the benchmark indices initially showed signs of recovery, persistent selling by FIIs and a lackluster start to the earnings season weighed on sentiment, turning the bias negative. A recovery in banking
By Ravi Singh Nifty October futures are currently trading at a 75-point premium. We have seen a decent bounce of around 500 points after making a low of around 24,750 zone. We have seen a further downfall in the FII long ratio which is now at 35%. Furthermore, we have seen a sharp sell-off by
By Subash Gangadharan The daily timeframe indicates that Nifty is now stuck in a range between the 24900-25235 levels for the last one week. A close below this range could see the Nifty moving down towards the 20-week SMA at 24663. The momentum readings like the 14-day RSI are in decline mode which increases the
The National Stock Exchange (NSE) and BSE will hold their annual Diwali Muhurat trading session on Friday, November 1, from 6:00 PM to 7:00 PM, marking the beginning of the Hindu calendar year, Samvat 2081. While the stock market will be closed for trading on Diwali, the special one-hour Muhurat trading session will be open
Shares of RBL Bank slumped by 13%, hitting an intra-day low of Rs 176.50 on the NSE today following the announcement of its Q2FY25 results. The bank reported a 24% year-on-year (YoY) decline in profit after tax (PAT) to Rs 223 crore for the quarter ended September 2024. RBL Bank’s Q2FY25 Performance Despite the dip
Petrol, Diesel Price Today 21 October 2024: Oil prices were steady at the time of early morning trade on Monday just after a major drop of 7% in the last week. The reason behind the decline has been credited to fear of less demand from China and ongoing conflict in the Middle East. As per
Shares of Tech Mahindra gains over 3% to open at Rs 1,745 on NSE today after reporting a remarkable 153.1% year-on-year (YoY) jump in net profit for the second quarter of FY25, reaching Rs 1,250 crore. The company’s revenue rose by 3.5% YoY to Rs 13,313 crore during the same period. Revenue Performance In constant
Go to Live UpdatesHDFC Bank Share Price Today Live Updates, 21 Oct, 2024: HDFC Bank shares were up 3% after the company reported a 6% increase in consolidated net profit for the September quarter, reaching Rs 17,825.91 crore. The counter closed trade on 18 Oct, 2024 at Rs 1681.15. The shares touched intraday high of
Is the charm of equity markets declining? Well, as per the recent AMFI data, the net inflows to equity mutual funds have dropped to 12-month lows, and this is the fourth consecutive month of lower inflows. The April inflows are at Rs 24,269.26 crore, down over 3% from March inflow of Rs 25,082.01 crore. Himanshu
The deal pipeline of technology stocks has been in focus. After a mixed Q4 show, April seems to be rather disappointing for the IT services players. As per the latest report by BNP Paribas, deal-wins have seen a significant slowdown in April compared to March. They further stated that most deal wins were related to
The overall markets are under pressure but there are some pockets with steady rally. While fighter jets and missiles have long dominated the narrative of border clashes, it is India’s drone fleet that is now garnering attention of both the battlefield and the stock market. As military tensions with Pakistan escalated this week, shares of
Prices of real estate in the surrounding areas of Jewar airport in Noida have nearly doubled in the last three years with property developers vying with one another to pick up land parcels. About 390 acres of land near the Noida International airport, along the Yamuna Expressway, has been snapped up in last 12 months, according
Reliance Jio continued to lead the monthly mobile subscriber additions for the second month in a row, registering 2.17 million new users in March, according to the data released by the Telecom Regulatory Authority of India (Trai). Bharti Airtel, country’s second largest telco, added 1.25 million subscribers during the month. After losing 20,720 subscribers in
