Indian benchmark indices continued their downward trend, echoing the global market’s bearish sentiment. Most sectoral indices experienced declines, with the exception of BSE Financial Services and BSE Realty, which managed to hold their ground. With 1,804 shares rising on the BSE and 1,594 shares declining, the advance-decline ratio still remained in favour of advances. Tejas …
On Friday, the benchmark indices were trading lower with the Sensex down around 160 points or 0.25% at 65,472 and the Nifty-50 down around 60 points or 0.30% at 19,563. About 1,827 shares have advanced, 1,587 declined, and 164 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Netflix, a premium online streaming service provider that enables users to watch TV shows and movies, announced its Q3 results on October 18. In the third quarter of 2023, the Company’s revenue saw an 8% YoY growth from USD 7.9 billion to USD 8.5 billion on both reported and foreign exchange-neutral terms, slightly surpassing the …
On Thursday, October 19, 2023, the Nifty 50 index opened with a gap-down and reached a low of 19,521.35 before recovering almost 100 points, settling at 19,624.70, down marginally by 46.40 points. On the daily chart, despite closing with a loss of 46.40 points, the Nifty 50 index formed a bullish candle as the close …
Derivatives are financial instruments whose value is derived from an underlying asset, which could be a stock, an index, an interest rate, or a currency. In India’s stock exchange segment, there are two primary markets: the cash market, where shares are bought and sold at their current market prices, and the F&O (Futures and Options) …
In a world where numbers tell the story of success, Nestle India just penned a remarkable chapter. Picture this: crossing the Rs 5,000 crore milestone in quarterly turnover, a first in the company’s history. But what truly makes this story captivating is the plot beneath the numbers—a tale of innovation and sustainability that’s rewriting the …
The Sensex and Nifty are both on a downward trajectory, marking plunge of 0.13% and 0.08%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting mixed momentum, with a plunge of 0.05% and up 0.21%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include LTI Mindtree, Bajaj Auto …
Tips Industries Limited has churned multibagger returns to its shareholders in just one year. During this period, the company’s share price jumped from Rs 158.47 on October 19, 2022, to Rs 373.40 on October 19, 2023, an increase of more than 110%. An investment of Rs 1 lakh in the shares of this company one …
ITC has entered into definitive agreements to acquire a further 2,286 equity shares of Rs 10 each of Delectable Technologies (Delectable), an associate company, subject to completion of agreed conditions precedent. The said shares, once acquired, will take the Company’s shareholding in Delectable from 33.42% to 39.32% (on a fully diluted basis). The said acquisition …
Tesla, an American electric vehicle (EV) and clean energy company reported its quarterly earnings on October 18 during the market hour. In the third quarter of FY23, the company’s total revenue grew by 9% year-over-year (YoY), from USD 21.45 billion to USD 23.35 billion. Breaking down the total revenue, the total automotive revenue for the …
