Posts in category Economic Times
Au Small Fin Bank shares gain 0.43% as Sensex rises (07-06-2024)
A total of 23,499 shares changed hands on the counter till 11:56AM (IST)
Sensex skyrockets 1,400 points; rate-sensitive stocks surge up to 8% post RBI policy decision (07-06-2024)
The market capitalisation of all listed companies on BSE surged by Rs 5.54 lakh crore to Rs 421.43 lakh crore. Post RBI policy decision, realty indices surged up to 8%, with Sunteck Realty and Siba leading at 8%, while Brigade, Lodha, and Mahindra Lifespace rose 2-5%. Nifty Bank stocks also surged up to 3%, with gains seen in Bandhan Bank, Federal Bank, Axis Bank, ICICI Bank, and others, ranging 1-3.5%.
Pidilite Ind shares rise 0.44% as Sensex climbs (07-06-2024)
A total of 7,195 shares changed hands on the counter till 11:51AM (IST)
HDFC AMC announces dividend of Rs 70 per share for FY 24 (07-06-2024)
On Friday, during its meeting, the board of directors of HDFC Asset Management Company (HDFC AMC) declared an interim dividend of Rs 70 per share for its eligible shareholders.
Nilesh Shah on factors that are driving the surge in FMCG stocks (07-06-2024)
When you want to play a game of bowling, you need guardrails and it does stop your ball going into other lanes. Regulatory supervision is the guardrail. If you want to play the game, guardrails are necessary. In my opinion, RBI is formulating rules, regulations, keeping in mind what is probably happening at the lowest common denominator.
Shares of ICICI Pru Life rise as Nifty gains (07-06-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 550.92.
Gold Price Today: Yellow Metal opens flat at Rs 73,239 per 10 grams, silver rises Rs 3,200 in a day (07-06-2024)
Gold and silver prices at MCX remained flat with gold opening at Rs 73,239 per 10 grams and silver at Rs 93,650/kg.
Share price of Ambuja Cements rises as Nifty strengthens (07-06-2024)
A total of 54,716 shares changed hands on the counter till 11:31AM (IST).
Varun Beverages shares gain 0.48% as Sensex rises (07-06-2024)
A total of 70,526 shares changed hands on the counter till 11:26AM (IST)
Are fears and panic around PSUs overblown? Sandip Sabharwal answers (07-06-2024)
Ideally, they should not be able to because like you rightly said, it is more commoditised. In fact, you look at the reason why did HDFC merge into HDFC Bank, because they realised that the margins are going to get squeezed and if they do not have a low-cost deposit franchise which supports the margin squeeze, that will become tougher.So, many of these housing finance companies sustain higher margins to develop financing, loan against property, etc, which are higher margin, but then also carry higher risk.