Posts in category Economic Times
CMS Info Systems to enter gold logistics, loan collection services (22-04-2024)
CMS Info Systems plans to expand into gold logistics and retail loan repayments collection, having already piloted these ventures. With over Rs 2,000 crore revenue in fiscal 2023, CMS aims for incremental growth. The company sees potential in India's formalizing bullion sector and the evolving lending ecosystem. It has collaborated with major clients and institutions for its pilot programs. Confident in delivering revenue targets, CMS anticipates upper-half performance in its revenue target range of Rs 2,500-2,700 crore for fiscal 2025.
Nifty Bank likely to face some resistance around 48,000, suggest analysts (22-04-2024)
The Nifty Bank witnessed value buying at lower levels for the second consecutive day in a row, but it failed to hold on to the 48,000 mark. The index is likely to face stiff resistance around 48K marked by the highest Call open interest (OI), suggest experts.
Gainers & Losers: BPCL, HDFC Bank among 6 stocks that hogged limelight on Monday (22-04-2024)
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Stock market update: Stocks that hit 52-week lows on NSE in today’s trade (22-04-2024)
NTPC, HDFC Bank, JSW Steel, IndusInd Bank and Tata Steel were among the top losers on NSE in today's trade.
Why Deepak Shenoy would avoid Vi FPO but invest in these 3 themes instead (22-04-2024)
Deepak Shenoy's Capital Mind ventures into various sectors with a focus on power transformers, hospitality, and financial investments. Uncertainty surrounds the FOMO crowd's return, Vodafone FPO, and the evolution of the diagnostics space. Sheoy also days: "On the pricing power front, travel and hospitality has really increased in the last year or so. So, something could have fundamentally changed there."
Stock market update: FMCG stocks up as market rises (22-04-2024)
The 30-share BSE Sensex closed up 560.29 points at 73648.62
Reliance Jio Q4 Results: PAT jumps 13% YoY to Rs 5,337 crore, meets Street estimates (22-04-2024)
Reliance Jio Q4 Results: The revenue for the reported quarter stood at Rs 25,959 crore versus ETNOW poll of Rs 26,000 crore. The profit after tax (PAT) was up by 2.4% over Rs 5,208 crore reported by the company in the December ended quarter.
Stock market update: Nifty Bank index advances 0.74% (22-04-2024)
The Nifty Bank index closed 0.74 per cent up at 47924.9.
Stock market update: Mining stocks up as market rises (22-04-2024)
The 30-share BSE Sensex closed up 560.29 points at 73648.62
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (22-04-2024)
Hindustan Motor, Premier Exp, Lloyds Steels, Skipper Ltd(PP)and Kalyani Invst, hit their fresh 52-week highs during the day.