In recent developments, the Reserve Bank of India (RBI) has flexed its regulatory muscles, imposing penalties on LIC Housing Finance Limited and IDFC First Bank Limited for failing to adhere to specific directives laid out by the central bank. LIC Housing Finance Penalized for Non-Compliance LIC Housing Finance Limited finds itself on the receiving end …
Avenue Supermarts Limited, the parent company of the popular DMart chain of supermarkets, released positive results for the quarter ending March 31, 2024, in a recent exchange filing. The company’s standalone revenue from operations witnessed a significant jump of nearly 20% year-on-year, reaching ₹12,393.46 crore. This impressive growth comes on the back of a ₹10,337.12 …
The benchmark index S&P BSE 500 opened today at 32,810.54 and made its day high at 32,832.40, and it is trading in red today, down by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 8% today. Elgi Equipment Ltd Shares …
On Thursday, the benchmark indices were trading in the red with the Sensex down around 225 points or 0.30% at 73,612, while the Nifty-50 was down around 83 points or 0.40% at 22,343. About 2,110 shares have advanced; 1,463 declined and 139 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Although domestic indices began today’s trading session on a notably higher note, they relinquished all initial gains to trade lower, affected by downturns in the oil & gas, energy, FMCG, and auto sectors. Conversely, broader indices exhibited significant outperformance compared to the main indices. At 10:55 am, the BSE Sensex declined 0.42% reaching a level …
On April 03, 2024, the Nifty 50 dropped by 18.60 points to 22,434, and the Sensex fell by 27.09 points to 73,876. Foreign investors sold shares worth around ₹2,213 crores, while domestic investors bought shares worth ₹1,102 crores. Top Gainers and Losers On the sectoral front, Nifty PSU Bank, Nifty IT, Nifty Media, and Nifty …
On Friday, the Sensex and Nifty ended the day with minimal changes following the Reserve Bank of India’s decision to maintain the status quo on policy. The Sensex edged up slightly by 0.03%, closing at 74,248.22 points, while the Nifty closed flat at 22,513.70 points. Among sectors, Nifty Realty, Nifty Bank, Nifty Financial Services, and …
On April 03, 2024, Gensol Engineering Limited, a leading player in the renewable energy sector, stated in an exchange filing that it had received highest ever revenue from operations, surpassing ₹960 crores (provisional and unaudited) during the financial year ending on March 31, 2024 (FY 2024). The company added that this remarkable achievement indicates an …
The NSE benchmark Nifty 50 index managed to cross the level of 22,500 at one point in the day; however, it failed to sustain above the 22,500 mark as it slipped more than 80 points from the day’s high and ended in the red for the second successive trading session on Wednesday. On the daily …
In the world of stocks, milestones are often markers of significant achievement and indicators of a company’s performance. Recently, the Nifty Auto index witnessed a remarkable event as it hit a fresh 52-week high, with one of its heavyweight constituents, Mahindra and Mahindra, reaching an all-time high on Tuesday. Crossing the Psychological Mark Mahindra and …
