Indian headline equity indices tumbled on Tuesday, witnessing their second successive negative closing. The Sensex plunged by over 900 points and the Nifty fell below the 24,450 mark, pressured by weak earnings and continued foreign selling across sectors.
Posts in category Economic Times
CanFin Homes Q2 Results: Profit zooms 34% to Rs 212 crore (22-10-2024)
Mortgage lender Can Fin Homes reported a 34% rise in net profit for the second quarter at Rs 212 crore against Rs 158 crore in the year ago period.
These 6 stocks hit 52-week highs, rallied up to 13% in a month (22-10-2024)
A 52-week high marks the highest price a stock has achieved over the past year, providing valuable insights for traders and investors. This benchmark helps in evaluating a stock’s current value and predicting its future potential.
Sebi issues framework on associations b/w mkt intermediaries, unauthorised financial advisors (22-10-2024)
Markets regulator Sebi on Tuesday came out with a framework on associations between market intermediaries and unauthorised financial advisors, especially with regard to specified digital platforms.
Top 5 stocks with rising promoter holdings in the September quarter (22-10-2024)
A rise in promoter shareholding typically indicates increased confidence from the company’s promoters or major shareholders in its future prospects.
ICICI Prudential Life Insurance Q2 Results: Profit rises marginally to Rs 252 crore (22-10-2024)
ICICI Prudential Life Insurance Company on Tuesday reported a marginal rise of 3 per cent in its net profit to Rs 252 crore in the September quarter. The company’s net profit stood at Rs 244 crore in the same quarter a year ago.
Wendt (India) Q2 Results: Cons PAT jumps 19% YoY to Rs 10.69 cr (22-10-2024)
Wendt (India) Ltd, an abrasive and precision component manufacturer, has reported consolidated net profits of Rs 10.69 crore for the July-September 2024 period, up by 19.44 per cent on the back of higher sales to user industries and increase in exports, the company said.
Route Mobile Q2 Results: Net profit rises 14% YoY to Rs 101 cr (22-10-2024)
Enterprise communication firm Route Mobile has reported a 14 per cent year-on-year increase in consolidated net profit at Rs 101.27 crore in the July-September quarter of this fiscal year. The company’s profit (attributable to owners of the holding company) stood at Rs 88.8 crore in the year-ago period.
US stocks open lower as yields rise, investors assess earnings (22-10-2024)
U.S. stock indexes opened lower on Tuesday, as rising Treasury yields pressured rate-sensitive shares, while investors parsed the latest set of company results to gauge the health of major corporations.