The benchmark index S&P BSE 500 opened today at 33,034.96 and made its day high at 33,041.67, and it is trading in green today, up by more than 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% today. Aegis Logistics Ltd …
The Reserve Bank of India (RBI) has recently introduced a significant shift in its banking regulations that could reshape the landscape for Small Finance Banks (SFBs). These new guidelines allow SFBs to transition into Universal Banks, granting them a wider scope of operations and a more extensive customer base. Let’s break down these new guidelines …
On April 26, 2024, Nifty 50 and Sensex declined 0.67% and 0.82% to 22,419 and 73,730, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹3,408 crore, while domestic investors bought shares worth ₹4,356 crore. Top Gainers and Losers On the sectoral front, Nifty Consumer Durables, Nifty Media, Nifty Mid Small Healthcare and Nifty Pharma …
The WatchDog of the Indian Stock Market, Securities and Exchange Board of India(SEBI) has found a Dozen offshore investors that had their funds invested in the Adani Group Companies violated disclosure rules and adding to this were also in breach of the investment limits as reported. What are Offshore Investments Offshore investment is the type …
On April 22, 2024, Patanjali Foods Limited, a leading name in India’s natural and organic food sector, announced a significant expansion. The company established two new wholly-owned subsidiaries: Contemporary Agro Private Limited and Rishikrishi Farming Private Limited. This strategic move signifies Patanjali’s commitment to not only producing high-quality food products but also fostering sustainable farming …
The Indian Conglomerate with a market capitalisation of more than Rs.20 Lakh Crore reported its Q4 results on Monday, The most valued firm on the street registered a Consolidated Net profit of Rs.18,951 crores. Breakdown of Results Reliance Industries Ltd. reported a fall of about 1.8% in its consolidated net profit which was reported as …
The benchmark index S&P BSE 500 opened today at 32,669.61 and touched an intraday high of 32,671.16 and a low of 32,556.57, while currently trading at around 32,605.99 up by 0.36%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Tejas …
The Indian headline indices maintained their upward momentum, driven largely by telecommunications stocks which led the gains. The BSE Telecommunication Index, representing the telecommunication sector, saw a significant surge of approximately 4% today. The broader indices demonstrated strong performance, outpacing the main indices, with Vodafone Idea Ltd and Tejas Networks Ltd leading the gains in …
On April 22, 2024, Nifty 50 and Sensex rose 0.86% and 0.77% to 22,336 and 73,648, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹2,915 crore, while domestic investors bought shares worth ₹3,542 crore. Top Gainers and Losers On the sectoral front, Nifty PSU Bank, Nifty Consumer Durables, Nifty Pharma and Nifty Healthcare closed …
The Indian subsidiary of Japanese automaker Suzuki Motor Corporation, Maruti Suzuki India Ltd. has reported a net profit of Rs.3,877.8 crores in Q4 FY 2023-24 which is up 47% from Q4 FY 2022-23 but has still missed the expectations of analysts. The company has also declared a dividend of Rs.125 per share. The company with …
