Aster DM Healthcare stock skyrocketed 13.90 per cent at Rs 457.90 a piece on the NSE in Thursday’s intraday deals
Posts in category Business Standard
IIFL Finance stock dips 6% as company slips into loss of Rs 93 cr in Q2 (24-10-2024)
IIFL Finance reported a consolidated net loss of Rs 93.07 crore in the second quarter as compared to a net profit of Rs 525.52 crore a year ago
RBI MPC’s Nagesh Kumar votes for 25bps cut while other members hold status quo stance: Minutes (24-10-2024)
While all the other members of the Reserve Bank of India held their view for a status quo on interest rates, one member of the committee voted for a rate cut. As per the minutes of RBI monetary policy on October 09, 2024, Saugata Bhattacharya, Professor Ram Singh, Dr. Rajiv Ranjan, Dr. Michael Debabrata Patra and Shri Shaktikanta Das voted to keep the policy repo rate unchanged at 6.50 per cent while Dr. Nagesh Kumar voted to reduce the policy repo rate by 25 basis points. According to him, given that inflationary expectations have been successfully anchored, and industrial demand in both domestic as well as export markets is flagging, a rate cut could help to revive demand and help boost private investment. I believe that it is an opportune moment for RBI to start the process of normalizing the monetary policy. In view of these observations, I vote for a 25 basis point cut in the repo rate and the adoption of a neutral stance in the monetary policy, he added.
Broader mrkt outperforms; PSU bank shares in demand (24-10-2024)
At 10:30 IST, the barometer index, the S&P BSE Sensex, added 21.40 points or 0.03% to 80,103.38. The Nifty 50 index rose 3.05 points or 0.01% to 24,438.55.
F&O Cues: FIIs continue to hold bearish bets, while retail remain long (24-10-2024)
F&O cues for Oct 24: The 24,378 level is a crucial short-term support; in case the Nifty holds above this, it might pull back towards the 24,600 – 24,700, said Hrishikesh Yedve in a note.
CARE Ratings surges 13%, hits over 6-year high on healthy Q2 results (24-10-2024)
Thus far in the month of October 2024, CARE Ratings has outperformed the market by surging 32%, compared to the 5% decline in the BSE Sensex during the period
CARE Ratings surges 13%, hits over 6-year high on healthy Q2 results (24-10-2024)
Thus far in the month of October 2024, CARE Ratings has outperformed the market by surging 32%, compared to the 5% decline in the BSE Sensex during the period
Why SBI Life stock fell 5% despite net profit rising 39% YoY; reasons here (24-10-2024)
Shares of SBI Life Insurance fell 5.4 per cent at Rs 1,623 per share on the NSE in Thursday’s intraday deals
TVS Motor Q2 PAT climbs 23% YoY to Rs 663 crore (24-10-2024)
TVS Motor Company reported 23.49% increase in standalone net profit to Rs 662.62 crore in Q2 FY25 as compared to Rs 536.55 crore posted in Q2 FY24.
MAS Financial Services Q2 PAT climbs 28% YoY to Rs 77 cr; disbursements at Rs 3,022 crore (24-10-2024)
MAS Financial Services standalone net profit jumped 27.59% to Rs 76.57 crore in Q2 FY25 as against Rs 60.01 crore posted in Q2 FY24.