In India’s economy, banks hold a pivotal position as the wheels that drive economic growth and financial stability. With a history dating back centuries and a modern landscape characterized by technological innovation and diversification, Indian banks play a critical role in shaping the nation’s financial infrastructure. In this article, we will be comparing the GNPA …
SJVN Green Energy Ltd (SGEL), a fully owned subsidiary of SJVN, signed two memorandums of understanding (MoUs) on August 9, 2023, one with ONGC and the other with Sambhar Salts, a division of Hindustan Salts. The agreement with ONGC will open the door for joint development of renewable energy projects, including offshore and onshore solar, …
Today, the demerged entity of Mirza International, Redtape Limited, made its market debut. The shares of Redtape debuted on the BSE at Rs 475 each, reaching an intraday high of Rs 498. The current market capitalisation of the company stands at Rs 6302 crore. As of now, while composing this article, they are being traded …
The trading session concluded with the Sensex and Nifty both recording losses of 0.47% and 0.46%, respectively. Meanwhile, the Nifty Midcap experienced a slight decrease of 0.08%, while the Nifty Smallcap saw a more significant drop of 0.47%. Among sectors, Nifty Media, Nifty Metal, and Nifty Energy emerged as the top gainers, displaying strong momentum. …
Indian frontline indices were trading down after the RBI chose not to modify repo rates, however, the CPI inflation prediction for FY24 was lifted from 5.1% to 5.4%. Telecommunications, fast-moving consumer goods, and banking sectors performed the worst today, while power and utilities were the only gaining sectors. Schneider Electric Infrastructure, a heavy electrical equipment …
The National Company Law Tribunal (NCLT) has approved the proposed merger of Zee Entertainment Enterprises Ltd with Sony India. Initially reserving its verdict on the merger between Zee Entertainment Enterprises and Culver Max Entertainment (previously known as Sony Pictures Networks India) on July 10, The NCLT’s approval led to a 15% jump in the company’s …
The Sensex concluded the day with a decline of 0.41%, while the Nifty ended lower by 0.6%. The Nifty Midcap and Nifty Smallcap indices experienced declines of 1.14% and 1.21%, respectively. In terms of sector performance, Nifty Pharma ended on a positive note, whereas Nifty Metal, Nifty Media, and Nifty PSU Bank emerged as the …
The Sensex ended the day with a gain of 0.75%, reaching a record high of 65,300. Similarly, the Nifty closed 0.7% higher, reaching an all-time high of 19,345. The Nifty Midcap saw a 0.25% gain, while the Nifty Smallcap recorded a gain of 1.23%. Among the top gainers were Nifty PSU Bank, Nifty Energy, and …
The Sensex ended the day with a decrease of 0.34%, while the Nifty closed lower by 0.28%. On the other hand, the Nifty Midcap saw a rise of 0.43%, and the Nifty Smallcap showed an increase of 0.76%. Among the top gainers were Nifty PSU Bank, Nifty Pharma, and Nifty Media, whereas Nifty Bank, Nifty …
The Sensex concluded the session with a decrease of 0.16% and the Nifty registered a decline of 0.07%. On the other hand, Nifty Midcap and Nifty Smallcap exhibited positive performance, closing higher by 0.55% and 0.19%, respectively. Among the top gainers were Nifty Realty, Nifty Media, and Nifty Energy, while Nifty IT, Nifty Bank, and …
