Posts in category Business Standard
Dolphin Offshore Enterprises (India) reports consolidated net profit of Rs 0.45 crore in the December 2023 quarter (05-02-2024)
Sales reported at Rs 1.78 crore
Apollo Micro Systems consolidated net profit rises 50.91% in the December 2023 quarter (05-02-2024)
Sales rise 10.92% to Rs 91.34 crore
Risa International reports standalone net loss of Rs 0.10 crore in the December 2023 quarter (05-02-2024)
Reported sales nil
Inland Printers reports standalone net loss of Rs 0.09 crore in the December 2023 quarter (05-02-2024)
Reported sales nil
Gold, silver prices unchanged; precious metal trading at Rs 63,380/kg (05-02-2024)
The price of 22-carat gold remained stable, with the yellow metal selling at Rs 58,100
Stock market LIVE: Sensex up 200 pts, Nifty above 21,900 in pre-open (05-02-2024)
Stock market LIVE updates on February 5: At 7:15 am, the Gift Nifty futures were 40 points lower at 21,909 levels
Nifty, Bank Nifty: Wait for confirmed breakout from trading range (05-02-2024)
According to Ravi Nathani, an independent technical analyst, the Nifty is moving in a trading band of 21,650 - 22,000.
Market resilience in a pill: Pharma’s formula for Q3 earnings upgrades (04-02-2024)
Rx for returns: Pharma firms' dominance in market recovery prescription
M-cap of 8 of top-10 most valued firms climb Rs 2.90 trn, Reliance shines (04-02-2024)
The combined market valuation of eight of the top-10 most valued firms climbed Rs 2.90 lakh crore last week, with Reliance Industries emerging as the lead gainer, amid optimism in equities.
Last week, BSE benchmark Sensex jumped 1,384.96 points or 1.95 per cent.
From the top-10 pack, Reliance Industries, Tata Consultancy Services, HDFC Bank, ICICI Bank, Infosys, LIC, State Bank of India, and Hindustan Unilever were the gainers, while Bharti Airtel and ITC faced erosion of their valuation.
The combined market valuation of eight of the top-10 most valued firms stood at Rs 2,90,267.98 crore.
The market capitalisation (mcap) of Reliance Industries jumped Rs 1,38,290.85 crore to reach Rs 19,72,028.45 crore. Shares of the company jumped 7.54 per cent last week.
Tata Consultancy Services (TCS) added Rs 57,867.9 crore, taking its valuation to Rs 14,51,307.84 crore.
The market valuation of State Bank of India climbed Rs 33,467.29 crore to Rs 5,80,456.76 crore and that of Life Insurance ..
FPIs investment in debt market over 6-year high at Rs 19,800 cr in January (04-02-2024)
Foreign Portfolio Investors (FPIs) have injected over Rs 19,800 crore in the country's debt market in January, making it the highest monthly inflow in more than six years, on the back of inclusion of Indian government bonds in the JP Morgan Index.
On the other hand, they pulled out Indian equities worth Rs 25,743 crore last month owing to surging bond yield in the US.
According to the data with the depositories, FPIs made a net investment of Rs 19,836 crore in the debt markets in January. This was the highest inflow since June 2017, when they infused Rs 25,685 crore.
Before this, FPIs injected Rs 18,302 crore in the debt market in December, Rs 14,860 crore in November, and Rs 6,381 crore in October.
"Indian fixed income markets witnessed robust net inflows from FPIs to the tune of USD 2.39 billion in January on the back of inclusion of Indian government bonds in the JP Morgan Index," Himanshu Srivastava, Associate Director- Manager Research, Morningstar Investment Research India, .