Posts in category Economic Times
Stock market update: Nifty Realty index falls 0.04% (04-04-2024)
The Nifty Realty index closed 0.04 per cent down at 924.5.
Stock market update: Nifty Auto index advances 0.45% (04-04-2024)
The Nifty Auto index closed 0.45 per cent up at 21651.85.
Sensex, Nifty end at record closing high ahead of RBI policy decision (04-04-2024)
The 30-share BSE benchmark Sensex surged 351 points or 0.47% to settle at 74,228. The broader NSE Nifty gained 80 points or 0.36% to end at 22,515. High-weightage financials rose 0.8%, led by HDFC Bank, which gained 3% and hit its highest level since January 17, after posting sequential growth in deposits in the March quarter.
Rupee ends at record closing low, likely RBI intervention helps cap losses (04-04-2024)
The Indian rupee fell to its weakest closing level on record, pressured by dollar demand from importers, while likely intervention from the Reserve Bank of India helped curb the local unit's losses.
Stock market update: Sugar stocks up as market rises (04-04-2024)
The 30-share BSE Sensex closed up 350.81 points at 74227.63
What guidance to expect from first MPC of new financial year (04-04-2024)
The monetary policy review meeting is expected to consider various factors including domestic stability, global rate trends, and demand-supply dynamics, shaping the outlook for the financial year.
Golden era for refiners coming? Why Indian companies will make a lot of money (04-04-2024)
Dr. Fereidun Fesharaki highlights the shifting dynamics in the global refining and energy markets, emphasizing the growth potential in Asia, particularly India, and the geopolitical factors influencing the oil market's stability. He says: "Up to a million barrels per day of Russian refineries are out of commission and this means that Russian exports of refined products have fallen quite dramatically and that has helped the margins. But the key issue is that nobody is building new refineries in the world today. "
Dabur shares crack nearly 5% on disappointing Q4 revenue growth update (04-04-2024)
Dabur said demand trends remained sluggish during the March quarter as the company is expected to report mid-single-digit revenue growth. The inorganic revenue growth which was to the extent of around 2.3% in the December quarter on account of the Badshah acquisition is now factored into the base.
Fundamental Radar: ICICI Pru Life can see 6% CAGR in VNB over 3 years, here’s why (04-04-2024)
Recent IRDAI regulations positively impacted ICICI Pru Life, leading to VNB growth. Motilal Oswal optimistic on VNB growth, banca channel increase, and stock re-rating potential with Rs 715 price target.