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Sensex Climbs 900 Points To 80,300; Nifty At 24,400; PSB Up 3%

28 Oct 2024

Indian benchmark equity indices, the BSE Sensex and Nifty 50, were trading above their opening levels after retreating from earlier highs on Monday. By 1 PM, the BSE Sensex had risen by 901.65 points, or 1.14%, reaching 80,303.94, while the Nifty 50 stood at 24,419.35, up 238.55 points, or 0.99%....

Mcap Of 9 Of top-10 Most Valued Firms Drops Rs 2 Trn As Markets Tumble

27 Oct 2024

The market capitalization of nine out of the top ten most valued companies fell by a substantial Rs 2,09,952.26 crore last week, reflecting a downturn in the equity markets, with Hindustan Unilever and Reliance Industries bearing the brunt of the losses. During the week, the BSE benchmark index dropped by...

IndusInd Bank Shares Drop 19% as Microfinance Slippages Impact Profit

25 Oct 2024

IndusInd Bank's stock fell nearly 19% on Friday, marking its largest decline in over four years, following disappointing earnings for the July–September quarter (Q2) of FY25. The bank's net profit plummeted 40% year-on-year due to higher provisions resulting from slippages in its microfinance portfolio. This decline wiped out ₹18,500 crore...

IDBI Bank Q2 Results: PAT Up 39% At Rs 1,836 Crore

25 Oct 2024

IDBI Bank reported a notable 39% increase in net profit, reaching ₹1,836 crore for the quarter ending September 30, 2024, driven by improved interest income. In the same quarter last year, the bank had a net profit of ₹1,323 crore. Total income for the bank rose to ₹8,754 crore, up...

PNB Housing Finance Shares Surge 11% After Strong Q2 Results

25 Oct 2024

Shares of PNB Housing Finance surged 10.90% to ₹1,035 on the BSE during Friday's intraday trading, following the company’s robust earnings report for the second quarter of the financial year 2024-25 (Q2FY25). The company posted a net profit of ₹470 crore for the quarter ending in September, reflecting a 23%...

Sensex Down 350 Pts, At 79,700, Nifty At 24,250; Bank, Auto Drag, FMCG Up

25 Oct 2024

The Indian benchmark equity indices, BSE Sensex and Nifty 50, experienced a decline on Friday, with Sensex dropping 384.43 points (0.48%) to 79,680 and Nifty down 144.35 points (0.59%) to 24,255 by 10 AM. This came after a volatile start, initially opening with slight gains. Among the 30 Sensex stocks,...

Sensex up 300 points, At 81,300, Nifty Climbs To 24,850; Financials Gain 1%

18 Oct 2024

Indian benchmark equity indices were trading slightly higher on Friday. By 1 PM, the BSE Sensex was up 224 points, or 0.28%, at 81,230, while the Nifty 50 stood at 24,840, up 90 points, or 0.37%. Among the BSE Sensex stocks, Axis Bank led the gains with a 2.41% rise,...

Sensex Sheds 495 Points, Nifty Settles Below 24,750

17 Oct 2024

Benchmark equity indices, the BSE Sensex and NSE Nifty50, closed lower on Thursday, reflecting a downturn amid the expiry of Nifty50 contracts and following trends seen in Asian markets. The BSE Sensex dropped by 494.75 points, or 0.61%, finishing at 81,006.61. Similarly, the NSE Nifty50 closed at 24,749.85, down 221.45...

Asian Markets Decline As Chip Stocks Fall, China Remains In Focus

16 Oct 2024

Asian equities declined on Wednesday following disappointing earnings from ASML, Europe's largest tech firm, which impacted chip stocks globally. Meanwhile, expectations of a modest interest rate cut by the Federal Reserve supported the dollar. Additionally, lackluster earnings from French luxury brand LVMH indicated a decline in demand for luxury goods...

Hyundai IPO To Open Tomorrow: Check, Price, Review, Other Details

14 Oct 2024

The Initial Public Offering (IPO) of Hyundai Motor India Limited is set to launch next week, opening for bids from October 15 to October 17, 2024. This IPO is anticipated to be the largest public issue in India, with the price range set between ₹1865 and ₹1960 per equity share....