As the Q3 FY25 earnings season kicks off, all eyes are on how companies performed in the October-December quarter. These financial results give an overview of a company’s performance, including revenue, profits, and future plans. Key sectors like IT, real estate, and telecom are in focus, as investors and analysts look to assess market trends
By Suhel Khan The super investors of India, or as we call them, Warren Buffets of India, are a rare breed. It is almost impossible to crack the code when it comes to decoding their buying or selling decisions. So, when some of the most well-known and widely followed super investors go after one stock
By Suhel Khan In news that could be termed by some as “surprising” one of India’s Warren Buffetts, ace investor Ashish Kacholia has substantially reduced his stake in a company. As per the latest shareholding pattern released by the exchanges, Kacholia has cut his holding from 8.32% to 3.54% between September 2024 and December 2024.
The dollar dropped sharply on Monday following an announcement from an incoming U.S. administration official that President-elect Donald Trump would not impose new trade tariffs on his first day in office, easing concerns of an immediate tariff onslaught. Donald Trump Inauguration, Swearing-in Live Updates Trump, who is set to take office later in the day
The benchmark equity indices ended Monday’s trading session in positive territory. The NSE Nifty 50 rose 133.65 points or 0.58% to settle at 23,336.85, while the BSE Sensex jumped 402.92 points or 0.53% to end the day at 77,022.25. The broader indices closed the counter higher on Monday, the Nifty Midcap 100 closed the session
The Stallion India IPO, which kicked off on January 16, is wrapping up its three-day subscription window today, January 20. With a price band set attractively at Rs 85 to Rs 90 per share, let’s take a look at the subscription status, GMP and other key details of this mainboard issue. Stallion India IPO: Subscription
If you applied for the Rikhav Securities IPO, today is the big day. The allotment of this SME offering, which closed its subscription window on January 17, is set to be finalised today, January 20. Investors who have participated in this issue can easily check their allotment status through platforms such as BSE, or the
Petrol, Diesel Price Today 20 January 2024: Oil prices rebounded on Monday as concerns over global supply continue to prevail following two rounds of sanctions by the United States impacting Russia’s energy sector because of the ongoing conflict in Ukraine. As per the latest update, Brent crude futures went up by 34 cents and reached
Lenders frequently require certain loan applicants to provide loan guarantors. This condition is typically imposed when there are uncertainties regarding the repayment ability of the primary borrowers and co-borrowers. Additional circumstances that may prompt lenders to request loan guarantors include insufficient credit scores of the primary applicants, a precarious employment situation, loan amounts that surpass
CGHS services revamp for government employees: Ahead of the Union Budget 2025, the Staff Side of the National Council Joint Consultative Machinery (NC JCM), representing millions of central government staff, has urged Finance Minister Nirmala Sitharaman to implement the recommendations of the Parliamentary Standing Committee on Petitions regarding Central Government Health Scheme (CGHS) facilities. The
The brokerage firm, Macquarie Capital Securities maintains its ‘Underperform’ rating on Zomato with a share price target of Rs 130 per share. According to them, Zomato’s share price has a very limited margin of safety due to a substantial rise in competition in quick-commerce. This is instrumental in denting the consensus forecasts. The brokerage added
Ahmedabad-based jewellery retailer Kabra Jewels made a stellar debut on the NSE Emerge platform, listing at Rs 243.2 per share, a strong 90% premium over its issue price. Kabra Jewels, a SME issue, opened its IPO on January 15, aiming to raise Rs 40 crore at a price band of Rs 121 to 128 per
The GIFT Nifty indicates that the BSE Sensex and NSE Nifty 50 are likely to open higher on Wednesday, January 22. Indian markets tumbled on Tuesday, January 21, as US President Donald Trump’s announcement of new trade tariffs and weak corporate earnings hit investor sentiment. The NSE Nifty 50 fell 291.70 points (1.25%) to 23,053.05
