On April 19, 2024, Nifty 50 and Sensex rose 0.69% and 0.83% to 22,147 and 73,088, respectively. Foreign Institutional Investors (FII) bought securities worth around ₹129 crore, while domestic investors sold shares worth ₹52 crore. Top Gainers and Losers On the sectoral front, Nifty Financial Services, Nifty Private Bank, Nifty Bank and Nifty Metal closed …
On Wednesday, the market closed with gains for the 4th consecutive session, with the Nifty holding at 22,400 points. The Sensex rose marginally by 0.16%, ending at 73,852.94 points, while the Nifty saw a slight increase of 0.15%, closing at 22,402.40 points. Market volatility, as measured by the India VIX, increased by 1.5%, indicating higher …
On April 24, 2024, DCB Bank announced its FY 2024 financial results in which the bank reported a growth of 15% in its profit after tax, touching ₹536 crore in FY 2024. DCB Bank’s total income in FY 2024 was ₹2,402 crore. DCB Bank reported a profit after tax (PAT) of ₹536 crore in FY …
On April 24, 2024, the Reserve Bank of India (RBI) took corrective action against Kotak Mahindra Bank due to concerns identified during IT examinations conducted in 2022 and 2023. The bank’s failure to adequately address these concerns further amplified them. The action was taken under Section 35A of the Banking Regulation Act 1949. Reasons for …
PSU Energy Stock, IREDA has turned out to be a multi-bagger with the issue offer coming at Rs.32 in November month last year, The stock has given multi-bagger returns of around 426.6% from the issue price and currently trades at Rs.168 a piece as on 24th April,2024. How Has The Stock Played? After its listing …
Zydus Lifesciences Limited, previously named Cadila Healthcare Limited, is an Indian pharmaceutical giant based in Ahmedabad, Gujarat. It focuses predominantly on producing, marketing and selling a wide variety of generic drugs. This listed company has a market cap of around Rs.96,553.18 cr. In the third quarter of fiscal year 2024, the pharmaceutical company recorded a …
Puravankara Ltd. has emerged as the developer for the redevelopment of a residential housing society in Pali Hill Locality of Mumbai, This project is going to have an estimated total development potential of 4.1 Lakh square feet of carpet area, with around 2.1 Lakh square feet of area available for sale. The company in its …
On April 23, 2024, India’s largest Exchange in the Commodity Derivatives Market segment, The Multi Commodity Exchange of India Ltd. (MCX), released its unaudited financial results for the Q4 and year ended March 31, 2024. Quarterly Performance During Q4 FY2024, MCX recorded a 29.66% increase in total income to ₹199.45 crore on a YoY basis. …
SBI Card, India’s leading pure-play credit card issuer, unveiled its first travel-focused credit card program, SBI Card MILES, on April 23, 2024. This has been designed to cater to all types of travellers, from those with occasional travel aspirations to frequent fliers and travel enthusiasts. SBI Card MILES offers a comprehensive suite of benefits. SBI …
Upcoming Dividends Several notable companies are gearing up to distribute dividends to their shareholders in the upcoming days. Swaraj Engines, HDFC Life, Bajaj Auto, Infosys, and others have announced their dividend payouts, reflecting their commitment to rewarding shareholders. Dividends serve as a form of return on investment for shareholders, providing them with additional income beyond …
