Posts in category Business Standard
Lark Trading & Finance reports standalone net loss of Rs 0.06 crore in the December 2023 quarter (19-02-2024)
Sales reported at Rs 0.19 crore
Ammadoes Trading & Consultants Pvt reports standalone net loss of Rs 0.02 crore in the December 2023 quarter (19-02-2024)
Reported sales nil
Pipeline Infrastructure standalone net profit rises 307.26% in the December 2023 quarter (19-02-2024)
Sales rise 49.14% to Rs 1004.47 crore
V R Woodart reports standalone net loss of Rs 0.02 crore in the December 2023 quarter (19-02-2024)
Reported sales nil
Chitrakut Holdings standalone net profit rises 311.11% in the December 2023 quarter (19-02-2024)
Sales rise 366.67% to Rs 0.28 crore
Padmalaya Telefilms reports standalone net loss of Rs 0.01 crore in the December 2023 quarter (19-02-2024)
Reported sales nil
Embassy Property Developments Pvt reports standalone net profit of Rs 140.34 crore in the December 2023 quarter (19-02-2024)
Sales rise 262.04% to Rs 218.42 crore
Nifty, Bank Nifty can fall up to 7%, warn charts; Key hurdles to watch out (19-02-2024)
According to Ravi Nathani, an independent technical analyst, the trading strategy for Nifty and the Bank Nifty is 'sell on rise'.
Global trends to guide mkts this week amid lack of local triggers: Analysts (18-02-2024)
Indian stock markets are expected to be driven mostly by global factors this week amid a lack of local triggers and earnings season largely coming to an end, say analysts.
Crude oil prices, rupee movement and US Federal Reserve meeting minutes to be released this week will also influence the market sentiment.
"With the earnings season behind us, global cues would largely dictate the trend in the coming week," Ajit Mishra, SVP - Technical Research, Religare Broking Ltd, said.
Markets traded volatile in the continuation to the prevailing consolidation phase but managed to edge higher. The beginning was subdued, however, gradual recovery in the following sessions not only pared losses but also helped the index to close around the week's high, Mishra said.
Due to robust macroeconomic data, domestic markets concluded the previous week on a positive note, with the frontline indices gaining more than a per cent. Sensex settled at 72,426.64 and Nifty at 22,040.70.
The markets also got sup
Cautious FPIs take out Rs 3,776 cr in Feb due to spike in US bond yields (18-02-2024)
Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front.
In contrast, they are bullish on the debt market and injected Rs 16,560 crore in during the period under review, data with the depositories showed. '
According to the data, Foreign Portfolio Investors (FPIs) pulled out a net sum of Rs 3,776 crore from the Indian equities this month (till February 16). This came following a net withdrawal of Rs 25,743 crore in January.
With this, the total outflow for this year has reached Rs 29,519 crore.
"The spike in US bond yields triggered by the higher-than-expected consumer price inflation led to sustained selling by FPIs," V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.
Also, the latest selling could be attributed to the uncertainty surrounding the interest r