Posts in category Economic Times
Delhivery Q4 Results: Loss narrows to Rs 69 crore; revenue rises 12% YoY (17-05-2024)
Delhivery Q4 Results: The logistics player registered 13% growth in its revenue for the financial year 2023-24, while its losses narrowed sharply to Rs 249 crore. The company's loss was at Rs 1,008 crore in FY23. EBITDA for the January-March quarter rose to Rs 46 crore versus just Rs 13 crore in the same quarter of last year.
Gainers & Losers: M&M, HAL among 6 stocks that hogged limelight Friday (17-05-2024)
Led by auto, banking and metal stocks, markets ended the day in green.
Stock market update: Nifty Bank index advances 0.29% (17-05-2024)
The Nifty Bank index closed 0.29 per cent up at 48115.65.
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (17-05-2024)
MOIL, ISMT Ltd, Indian Hume Pipe, Crompton Greaves and Mazagon Dock Ship, hit their fresh 52-week highs during the day.
Nifty Bank reclaims 48,100 level; what investors should do next (17-05-2024)
Nifty Bank index breached 48,000 mark after 6 trading sessions. The index rallied 138 points. HDFC Bank, SBI, Bandhan Bank were among top gainers. The index gained over 1% despite volatility, which is a positive sign for the bulls.
India’s forex reserves rise for second straight week, up by $2.56 bn (17-05-2024)
India’s foreign exchange reserves increased by $2.56 billion to $644.15 billion as of May 10, 2024, according to the Reserve Bank of India (RBI). The previous week, reserves rose by $3.66 billion to $641.59 billion. The RBI's Weekly Statistical Supplement indicated that foreign currency assets (FCAs) grew by $1.49 billion to $565.65 billion.
HDFC Bank, Axis Bank among 5 stocks with top short covering (17-05-2024)
Short covering signals a shift in view on security from extreme bearishness to bullishness.
Share market update: Most active stocks of the day in terms of traded value (17-05-2024)
The NSE Nifty index closed 62.25 points up at 22466.1
AI and VR coins are the hottest crypto categories in 2024 – Here are two projects not to miss (17-05-2024)
WienerAI is a cybernetic dog coin blending AI superpowers, a dog coin theme, and sausage elements. 5th Scape is a VR project offering MMA battles, mediaeval warfare, and sports simulations with Ultra VR Headset and Swiftscape VR Chair. The Sausage Army and VR architects are actively involved in community-building and project development.
Stock market update: Nifty IT index falls 0.85% (17-05-2024)
The Nifty IT index closed 0.85 per cent down at 33381.85.