Posts in category Business Standard
Andhra Pradesh State Financial Corpn. standalone net profit declines 56.00% in the December 2023 quarter (22-02-2024)
Reported sales nil
Max Life Insurance Company standalone net profit declines 39.76% in the December 2023 quarter (22-02-2024)
Sales rise 15.97% to Rs 7170.32 crore
Runit Investments Company reports standalone net profit of Rs 0.28 crore in the December 2023 quarter (22-02-2024)
Sales rise 136.36% to Rs 0.26 crore
VITP Pvt standalone net profit rises 75.31% in the December 2023 quarter (22-02-2024)
Sales rise 38.91% to Rs 78.01 crore
IFCI Venture Capital Funds standalone net profit declines 44.93% in the December 2023 quarter (22-02-2024)
Reported sales nil
PHF Leasing reports standalone net profit of Rs 1.41 crore in the December 2023 quarter (22-02-2024)
Sales rise 153.37% to Rs 9.78 crore
Stock market LIVE: Nikkei at new high; Fed minutes show no hurried rate cut (22-02-2024)
Stock market LIVE updates on Thursday, February 22, 2024: The Nikkei 225 hit 38,924.88, surpassing the previous record high of 38,915.87 reached in 1989
Nifty Energy: Look for opportunities to sell on rise; Pharma seems sideways (22-02-2024)
On the upside, the Nifty Energy index is likely to face resistance around 39,650, says Ravi Nathani, an independent technical analyst.
Stock markets snap six-day winning streak; Sensex slumps 434.31 points (21-02-2024)
Equity benchmark indices Sensex and Nifty broke their six-day winning run on Wednesday and settled with a steep fall amid fag-end selling triggered by a rush for profit booking and mixed global cues.
The 30-share benchmark Sensex stayed mostly firm during intra-day but settled 434.31 points or 0.59 per cent lower at 72,623.09 points. It touched the intra-day low of 72,450.56, down 0.83 per cent from previous closing level of 73,057.40 points.
Similarly, the broader Nifty also paired all its intra-day gains before closing 141.90 points or 0.64 per cent down at 22,055.05 points. The 50-share barometer had hit a lifetime peak of 22,196.95 points on Tuesday and remained mostly in the upward trajectory on Wednesday.
In the Sensex pack, 20 stocks ended in the red while 37 of the Nifty constituents closed the session with losses.
NTPC was the biggest loser among the Sensex constituents, ending with a loss of 2.71 per cent. It was followed by PowerGrid, Wipro, HCLTech, L&T and Tech ...
SBI becomes 5th most valuable firm in terms of mcap, surpasses Infosys (21-02-2024)
Public sector lender State Bank of India (SBI) has surpassed IT major Infosys to become the country's fifth most valued firm by market valuation on Wednesday.
The scrip of the state-owned company gained 1.51 per cent to close at Rs 771.55 apiece on the BSE.
During the intra-day trade, shares of SBI hit its 52-week high of Rs 777.50 per piece.
At the end of trading session of Wednesday, the market capitalisation of SBI stood at Rs 6,88,578.43 crore, which is Rs 1,228.48 crore more than Infosys' Rs 6,87,349.95 crore valuation.
Accordingly, SBI became the fifth most valued company on the BSE.
In the ranking of top 10 most valued firms, Reliance Industries continued to rule the chart followed by Tata Consultancy Services, HDFC Bank, ICICI Bank, SBI, Infosys, Life Insurance Corporation of India, Bharti Airtel, Hindustan Unilever and ITC.