Posts in category Economic Times
BSE cautions against fake videos of MD & CEO Sundararaman Ramamurthy recommending stocks (18-04-2024)
BSE warns against circulating fake videos impersonating CEO Sundararaman Ramamurthy for investment advice on social media. Caution includes misrepresentation, deceptive means, personal information sharing, and Economic Times disclaimer.
ICICI Securities Q4 Results: Cons PAT soars 104% YoY to Rs 536.53 crore; co declares Rs 17/share dividend (18-04-2024)
ICICI Securities reported a significant increase in net profit to Rs 536.53 crore for Q4FY24, with a rise in revenue and approval of a second interim dividend. Bajaj Auto also showed a 35% YoY increase in PAT.
Infosys ADR slumps 5% on Q4 miss, softer FY25 guidance (18-04-2024)
"Infosys weak quarterly numbers, lower-than-expected guidance for FY25 and declining headcount reflects continuity in weak, with the only silver lining being strong large deal TCV in Q4 and record $17.7 billion in FY24," said Sanjeev Hota, Head of Research, Sharekhan by BNP Paribas.
US market opens higher as some chip stocks bounce back after selloff (18-04-2024)
The Dow Jones Industrial Average rose 93.90 points, or 0.25%, at the open to 37,847.21.
Infosys declares Rs 20 final dividend & Rs 8 special dividend (18-04-2024)
Infosys declared dividends for FY 2024, set AGM and payment dates, introduced Capital Allocation Policy aiming to return 85% free cash flow. Focus on net profit growth and Project Maximus. Shares closed at Rs 1,420.55.
Market Trading Guide: Bharti Airtel, PVR INOX among 6 stock recommendations for Friday (18-04-2024)
"The short-term trend of the Nifty remains weak. There is a possibility of some more weakness down to 21,800-21,700 levels in the coming sessions," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.
JPMorgan says buy the dip if poll volatility hits stocks (18-04-2024)
Prime Minister Narendra Modi-led Bharatiya Janata Party is widely expected to win a third term, which will help his administration continue its focus on modernizing infrastructure and boost manufacturing. Indian equities have risen to records this year following a rally driven by robust economic growth.
Tech View: Nifty ends below 50-DEMA. What traders should do on Friday (18-04-2024)
A series of resistance could be seen from 22,150-22,200, followed by the 20 DEMA at 22,300 zone. The undertone certainly favours the bears now and any rise should be seen as an opportunity to either exit longs or to look for bearish bets in the index.