Posts in category Business Standard
Shree Cement extends fall; stock down 13% in 6 days post weak Q1 results (08-08-2024)
Management indicated that cement demand would remain weak until calendar year 2024-end and expects a full recovery from Q4FY25, brokerage firm MOFSL said.
RBI keeps policy rates unchanged at 6.5% (08-08-2024)
The Reserve bank of India, in its bi-monthly monetary policy kept benchmark repo rate unchanged at 6.5%, maintaining the same level for the eighth consecutive review since February 2023. MPC decided to remain focused on withdrawal of accommodation stance. MPC judged that it is important for monetary policy to stay the course while maintaining close vigil on risks. Governor Shaktikanta Das said that ensuring price stability eventually results in and supports a period of sustained growth. He said, We have decided to focus on inflation and support price stability to ensure growth.
Telecom shares rise (08-08-2024)
Telecom stocks were trading with gains, with the BSE Telecommunication index rising 8.35 points or 0.27% at 3148.69 at 09:42 IST.
Healthcare shares gain (08-08-2024)
Healthcare stocks were trading in the positive zone, with the BSE Healthcare index rising 291.95 points or 0.71% at 41126.28 at 09:42 IST.
Real Estate stocks edge higher (08-08-2024)
Real Estate stocks were trading in green, with the BSE Realty index increasing 41.55 points or 0.52% at 8001.51 at 09:42 IST.
Radico Khaitan gains after Q1 PAT climbs 21% YoY to Rs 76 cr in FY25 (08-08-2024)
Radico Khaitan added 2.79% to Rs 1712.35 after the company's standalone net profit jumped 20.7% to Rs 76.3 crore during the quarter as compared with Rs 63.2 crore in Q1 FY24.
Crude Oil prices down 9% in 5 weeks on growth worries; outlook stays tepid (08-08-2024)
The overall sentiment in oil remains bearish and we expect prices to see further sell towards the support of $70 and $68 per barrel, says Mohammed Imran of Sharekhan by BNP Paribas.
Indices trade with minor cuts; breadth positive (08-08-2024)
At 09:30 IST, the barometer index, the S&P BSE Sensex, was down 257.39 points or 0.32% to 79,210.62. The Nifty 50 index lost 81.25 points or 0.33% to 24,216.25.
ITD Cementation up over 6% on strong June quarter show, profit zooms 92% (08-08-2024)
The uptick in the share price came after the company announced a strong set of Q1FY25 results.
These companies reported turnaround in Q1; what lies ahead for stocks? (08-08-2024)
Zee Entertainment, PB Fintech, Delhivery among select companies to report a turnaround in the June 2024 quarter. Here's a technical outlook on select such stocks.