IRB Infrastructure Developers consolidated net profit increased 4.30% to Rs 99.86 crore in Q2 FY25 as against Rs 95.74 crore posted in Q2 FY24.
Posts in category Business Standard
Buy or Sell? TCS, Maruti, HUL among 7 Nifty stocks trading in oversold zone (31-10-2024)
These 7 Nifty 50 stocks are seen trading with an RSI below 30; stocks trading in oversold zone need not necessarily bounce back immediately. Here are the key levels to watch out for.
Swiggy IPO opens on November 6: Here’s how GMP is faring ahead of opening (31-10-2024)
Softbank-backed Swiggy IPO will be open for public subscription from Wednesday, November 6, to Friday, November 8, 2024. Bidding for anchor investors is expected to take place on Tuesday, November 5
Reserve money gains 1.59% on weekly basis (31-10-2024)
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Biocon shares tank 6% after reporting net loss of Rs 16 cr in Q2FY25 (31-10-2024)
Shares of pharmaceutical company Biocon tanked 5.96 per cent at Rs 301.65 a piece on the BSE
Dollar Index recovers some lost ground; US NFP report awaited (31-10-2024)
The dollar index is inching higher following a slide late yesterday after a mixed set of US data. The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, lost ground on Wednesday following the release of mixed economic data. Septembers ADP Employment Change report exceeded market expectations in October, but a downward revision in third-quarter GDP growth made the USD tumble. US ADP Employment Change beat expectations with a 233K increase in October, which could limit the dollar losses. Meanwhile, US Q3 Gross Domestic Product grew at a 2.8% pace, stronger than global peers but below market expectations. Investors remain cautious ahead of Friday’s Nonfarm Payrolls (NFP) report, which may provide further clarity on labor market conditions. The dollar index that measures the greenback against a basket of currencies is quoting at 104.02, up 0.15% on the day after a slide below 104 mark in the previous session. Among basket currencies, EURUSD and
US stocks end slightly lower, economic cues continue to stay in focus (31-10-2024)
The US stocks saw sideways moves yesterday and ended on a slightly negative note as investors assessed earnings and economic news. After reaching a new record intraday high in early trading, the tech-heavy Nasdaq dropped 104.82 points or 0.6 percent to 18,607.93. The S&P 500 also dipped 19.25 points or 0.3 percent to 5,813.67, while the Dow slipped 91.51 points or 0.2 percent to 42,151.54.
Regulatory tweak fuels 70,000-fold rally in Eclid Investments’ stock (31-10-2024)
The Mumbai-based company was part of a special price discovery exercise conducted by the stock exchange on Monday
Sensex slides 372 pts ; consumer durables decline (31-10-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 372.90 points or 0.46% to 79,573.48. The Nifty 50 index fell 90.05 points or 0.37% to 24,250.80.
Nifty IT down over 3%: Why have IT stocks slipped in trade today? (31-10-2024)
Meta Platforms warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings report on Wednesday