Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities suggests that for the Nifty50 index to move up from the current levels, bank and IT sectors need to perform and do the heavy lifting
Posts in category Business Standard
Maruti Suzuki share hits record high on strong Q1 results, up 6% in 2 days (01-08-2024)
Maruti reported a 46.9% Y-o-Y increase in profit at Rs 3,650 crore for Q1FY25 on the back of strategic cost reductions, favourable commodity prices, and advantageous foreign exchange conditions
Crude Oil outlook: Global conflicts, rate cut optimism up bullish bets (01-08-2024)
The geo-political risk and expectation of three rate cuts from US fed has triggered rally in oil prices, says Mohammed Imran.
Barometers trade with minor gains; metal shares shine for 5th day (01-08-2024)
At 10:28 IST, the barometer index, the S&P BSE Sensex, was up 140.05 points or 0.18% to 81,886.35. The Nifty 50 index rose 70 points or 0.28% to 25,021.15.
KRBL stock tanks 7% on weak June quarter show; profit more than halves (01-08-2024)
The fall in the stock price came after the company reported a weak set of June quarter results.
Coal India rallies as Q1 PAT rises to Rs 10,959 cr; coal supplies at 198.5 MT (01-08-2024)
Coal India gained 2.70% to Rs 536.25 after the coal major reported 4.1% rise in consolidated net profit to Rs 10,959.47 crore in Q1 FY25 from Rs 10,528.03 crore in Q1 FY24.
Ceigall India IPO opens today: GMP up; should you bid? Brokerage calls here (01-08-2024)
The three-day subscription window of the Ceigall India IPO opens today. Should You Subscribe to the public issue? Here’s what brokerages recommend
FirstCry to raise $501 million in IPO, targets valuation of $2.9 billion (01-08-2024)
It said it will use the proceeds from the offering to fund acquisitions, international expansion and set up new stores
Nifty rallies from 20,000 to 25,000 in 221 sessions; Check top movers here (01-08-2024)
Nifty 20K-25K top movers: Bajaj Auto has zoomed 100% since Nifty hit 20K on September 11, 2023. BPCL, Coal India, Mahindra & Mahindra, ONGC, Tata Motors and Hero MotoCorp other major Nifty 50 gainers.
Bank of Baroda Q1 PAT rises 9% YoY to Rs 4,458 cr (01-08-2024)
Bank of Baroda reported 9.53% increase in standalone net profit to Rs 4,458.15 crore in Q1 FY25 as compared with Rs 4,070.07 crore in Q1 FY24.