Paytm reported adjusted Ebitda breakeven three quarters ahead of management’s initial guidance of September 2023
Posts in category Business Standard
Adani Transmission, Adani Wilmar, NDTV snap 8-day losing streak, surge 5% (07-02-2023)
Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), ACC, Ambuja Cements, and Adani Green Energy, too, rallied in the range of 2 per cent to 7 per cent
Tata Steel slips 5% on profit-booking after disappointing Q3 performance (07-02-2023)
The disappointing performance during the quarter was on the back of a sharp drop in realisations in Europe coupled with a non-cash deferred tax expense on account of British Steel Pension Scheme.
Gold prices rise by Rs 280 to Rs 57,440; silver prices unchanged (07-02-2023)
The price of ten grams of 24 carat gold in Delhi, Chennai and Bengaluru is Rs 57,590, Rs 58,530, and Rs 57,490
Oil prices rise on supply concerns, China demand outlook brightens (07-02-2023)
Brent crude futures rose 40 cents, or 0.5%, to $81.39 per barrel by 0117 GMT, while West Texas Intermediate futures rose 43 cents, or 0.6%, to $74.54 per barrel
MARKET LIVE: Firm start likely for Sensex, Nifty; Asian shares climb higher (07-02-2023)
Stock market live updates: As of 7:30 am, the SGX Nifty stood at 17,844 levels, up over 50-odd points
Here’s what Ravi Nathani recommends on the financial sector (07-02-2023)
According to the technical analyst, traders should adopt a strategy of purchasing near support and selling near resistance for the Nifty financial services index
Stocks to Watch: Tata Steel, Hindalco, JK Paper, Muthoot Fin, Adani Ports (07-02-2023)
Stocks to Watch: Tata Steel reported a consolidated net loss of Rs 2,223.84 crore in the December quarter (Q3FY23) on the back of a sharp drop in realisations in Europe
Mehul Kothari suggests going long on Bajaj Finance, Aditya Birla Fashion (07-02-2023)
On the daily scale, Bajaj Finance is witnessing a fresh breakout which indicates a short term reversal
Most Adani group stocks continue to fall; combined market cap declines (06-02-2023)
Shares of most of the Adani group firms ended lower on Monday, with the group companies’ combined mcap witnessing a sharp fall of Rs 9.5 lakh crore after US-based short-seller Hindenburg Research’s adverse report.
Forex traders said the Hindenburg Research report has soured market mood towards Adani Group stocks, leading to a sharp decline in the stock prices.
At the end of Monday’s trading session, six of the 10 Adani group companies ended in the negative territory, with Adani Transmission slipping 10 per cent, while the shares of Adani Total Gas, Adani Power, Adani Green Energy and Adani Wilmar declined 5 per cent each.
Shares of Adani Enterprises closed for the day at Rs 1,572.40, down 0.74 per cent over its previous close.
Four of the Adani group companies defied the trend and settled in the positive territory with Adani Ports and Special Economic Zone closing higher by 9.46 per cent, Ambuja Cements (up 1.54 per cent), ACC (up 2.24 per cent) and NDTV (up 1.37 per cent).
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