Wed, Apr 24, 2024
Axis Bank Q4 FY24 Results: Axis Bank reported a standalone net profit of Rs 7,129.7 crore for the fourth and final quarter of the financial year 2023-24, far exceeding analysts' expectations.
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Tue, Apr 23, 2024
Bajaj Finance Q4 FY24 Results Preview: Bajaj Finance (BAJFINANCE) is expected to clock 18.8 per cent year-on-year growth in consolidated net profit to Rs 3,750 crore for the January-March period, according to Zee Business research. The Pune-based NBFC is scheduled to report its financial results on April 25.
Mon, Apr 22, 2024
HDFC Bank Q4 FY24 Results: HDFC Bank, the country’s largest lender by market value, has staged a mixed performance for the final quarter of FY24, wherein its net profit exceeded but net interest income fell short of analysts’ expectations. Here’s a summary of the banking behemoth’s financial results for the three-month period ended March 31, 2024:
Fri, Dec 02, 2022
Sensex, Nifty, Stock Market LIVE Today: On the back of weak global market trends, the Indian equity markets snapped an eight-day gaining streak on Friday. The benchmark indices – Sensex and Nifty – each fell by around 0.6 per cent today.
Thu, Dec 01, 2022
Sensex climbed 184.54 points or 0.29 per cent to settle at 63,284.19 and Nifty advanced 54.15 points or 0.29 per cent to end at 18,812.50 – both closing at new life highs.
Wed, Nov 30, 2022
Following the benchmarks' suit, the broader markets also witnessed a bull rally as the mid-cap and small-cap gained between 0.6-1.2 per cent.
Stock Market HIGHLIGHTS: In the 50-stock Nifty, 46 stocks advanced while 4 declined. The The top gainers were Mahindra & Mahindra, Hindalco Industries, Grasim Industries, SBI Life and Ultratech Cement Company while the top losers were Indusind Bank, State Bank of India (SBI) and HCL Technologies
Mon, Nov 28, 2022
Stock Market HIGHLIGHTS: Out of the 15 Nifty sectoral indices, six ended in the red against 9 gainers. The top performer was Nifty Oil & Gas (+1.60 per cent) followed by Nifty Auto (+0.61 per cent) and Nifty FMCG (+0.34 per cent). The biggest laggards were Nifty Metal, followed by marginal losses in Nifty Consumer Durables, financial services and IT
Fri, Nov 25, 2022
December Series Outlook, Nifty index, Nifty Bank, Indian Hotels, NTPC, Infosys, IndusInd Bank: The brokerage believes 18100 might be the pivot for this month only below which the trend turns negative, while the upside potential is around 18700-18800 in this series.
JP Morgan is ‘Overweight’ on Axis Bank and has put a target of Rs 990 banking on this private lender’s franchise strength which it said is much better than at any point over last decade
Thu, Nov 24, 2022
State Bank of India (SBI), the largest lender in the country, ended the session at Rs 609.60, gaining 0.32 per cent. The counter is just 2 per cent away from its fresh 52-week high of Rs 622.70 (November 7).
Sensex, Nifty, Nifty Bank: Gaining for the third straight session today, both Sensex and Nifty closed at the day’s high level of 62,272.68 and 18,484.1, respectively, each gaining over 1 per cent.
One way to look at it is Price-to-Earnings (PE) ratio while another way to look at it is the Price-to-book value (P/B) which is the ratio of company's share price against its book value of equity
Wed, Nov 23, 2022
The Nifty index opened with an uptick, but it couldn’t hold the gains for long and oscillated in a range thereafter. It finally settled at 18,267.25.
Tue, Nov 22, 2022
Zee Business, Stock Guide, Trading Guide, Share Market, Nifty, Nifty Bank, Bulk deals, stocks in news: On Tuesday, the 30-share BSE Sensex climbed 274.12 points or 0.45 per cent to settle at 61,418.96. Similarly, the broader NSE Nifty gained 84.25 points or 0.46 per cent to 18,244.20.
Mon, Nov 21, 2022
Most sectoral indices traded in line with the benchmark and ended lower wherein realty, IT and energy were the top losers.
Thu, Nov 17, 2022
The decline was widespread wherein auto, media and IT lost over a percent each. The broader indices too remained under pressure and lost nearly half a percent each on Thursday.
Bank of America maintains a buy on Bank of Baroda with a price target of Rs 190. It was recommended at a price of Rs 163. It sees a sustainable credit growth potential of 13-15%
Wed, Nov 16, 2022
Meanwhile, sectoral indices traded mixed wherein metal, media and realty lost over a percent each. Besides, the prevailing underperformance of the broader indices continues to weigh on the sentiment during today’s session.
Tue, Nov 15, 2022
Indian indices traded lackluster for most of the session however a sharp surge in the last half an hour pushed the index to the day’s high.
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Mon, Nov 14, 2022
Meanwhile, a mixed trend on the sectoral front kept the participants busy wherein metal, realty and IT posted decent gains. The broader indices also failed to attract much traction and ended flat to marginally in the green.
Sun, Nov 13, 2022
Zee Business Stock and Trading Guide: The Indian markets rebounded strongly and gained nearly 2 per cent, tracking firm global cues.
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