Cryptocurrency prices showed a mixed performance on October 25. Major tokens such as Bitcoin, Ethereum, BNB, Dogecoin, Tron, Shiba Inu, and Chainlink experienced gains of up to 4.7%. The global cryptocurrency market capitalization rose by 0.74%, reaching approximately $2.31 trillion over the past 24 hours.
Posts in category Economic Times
Retail might far bigger than political triggers; Q3 & Q4 earnings to be better than in H1: Raamdeo Agrawal (25-10-2024)
Raamdeo Agrawal highlights the market’s resilience due to retail growth and sustained SIP flows. He analyzes the impact of the recent elections, geopolitical tensions, and their limited effect on crude prices. Agrawal also provides projections of earnings and market returns, suggesting continued growth in the upcoming quarters. Additionally, he predicts a promising future for quick commerce in India.
Shriram Finance board approves 5:1 stock split (25-10-2024)
The announcement came after market hours, alongside the company’s September quarter results, where the NBFC reported an 18.3% increase in profit after tax (PAT) to Rs 2,071.26 crore, compared to Rs 1,750.84 crore in the same period last year.
Bandhan Bank Q2 Results: PAT jumps 30% to Rs 937 crore, NII up 21% (25-10-2024)
Bandhan Bank reported a net profit of Rs 937 crore in Q2FY25, up 30% from Q2FY24. Net interest income stood at Rs 2,948 crore, up 21% YoY. Net Interest Margin (NIM) for the quarter was reported at 7.4% compared to 7.2% in Q2 FY24. Operating profit was reported at Rs 1,855 crore in Q2 FY25 compared to Rs 1,583 crore in Q2 FY24.
Yes Bank Q2 results preview: PAT may jump up to 145% YoY, NII seen 23% higher (25-10-2024)
Yes Bank is anticipated to show significant growth in its Q2 FY25 results, with net profit potentially increasing by up to 145% and net interest income rising by up to 23% year-on-year. Brokerages such as JM Financial, Nomura, and Kotak Institutional Equities have provided these estimates.
Shriram Finance Q2 Results: Net profit jumps 18% to Rs 2,071 crore; Rs 22 per share dividend declared (25-10-2024)
Shriram Finance Q2 Results: Shriram Finance on Friday reported a profit after tax (PAT) growth of 18.3% at Rs 2,071.26 crores as against Rs 1,750.84 crores recorded in the same period of the previous year.
Stock market update: Mining stocks down as market falls (25-10-2024)
The 30-share BSE Sensex closed down 662.87 points at 79402.29
IndiGo Q2 Results: Airline slips back into red with Rs 987 crore loss (25-10-2024)
IndiGo Q2 Results: IndiGo reported a loss of Rs 987 crore for the second quarter ended September 2024, compared to a profit of Rs 189 crore in the same quarter last year. Revenue from operations increased 14% year-on-year to Rs 16,970 crore. Analysts had anticipated losses, but the actual figure exceeded expectations, with an ET Now poll predicting losses around Rs 219 crore.
Stock market update: Stocks that hit 52-week highs on NSE in today’s trade (25-10-2024)
ABM International, Tirupati Forge, Industrial Invst, Mask Investments and Sri Adhikari, hit their fresh 52-week highs during the day.