Posts in category Economic Times
Minda Corp Q4 Results: Net profit jumps 27% to Rs 71 crore (22-05-2024)
Auto components maker Minda Corporation on Wednesday said its profit after tax increased 27 per cent to Rs 71 crore in the fourth quarter ended March 2024. The company had reported a profit after tax (PAT) of Rs 56 crore in the year-ago period.
Gland Pharma Q4 Results: Firm misses profit view on higher employee costs (22-05-2024)
Indian generic injectables maker Gland Pharma reported fourth-quarter profit below estimates on Wednesday, as soaring employee expenses outweighed strong demand in its core markets.
Sebi’s new guidelines on market rumour to help in fair pricing of M&A, other transactions: Experts (22-05-2024)
Sebi's new guidelines for managing stock price impact arising from market rumours will ensure that the share price used in the merger and acquisition (M&A), buyback, and other transactions are not artificially influenced by speculative market activities, experts said on Wednesday.
Technical Breakout Stocks: How to trade PNC Infratech, BEML and IRB Infrastructure on Thursday (22-05-2024)
Sensex advanced 267 points while Nifty closed higher for the fifth day in a row on Wednesday. Sectorally, buying was seen in utilities, energy, FMCG and realty while metal, banks, consumer durables and oil & gas stocks saw selling pressure. PNC Infratech rose over 13% to hit a fresh record high.
Exide Industries, ABB India among 5 stocks with top long unwinding (22-05-2024)
Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.
Tech View: Nifty inching closer to record high. What should traders do on Thursday expiry (22-05-2024)
Nifty closes 69 points higher, forming a bullish candle with strong buying interest. Holding above 22,590, it may reach 22,750, supported by 22,500. Analysts anticipate further uptrend, with key support at 22,500 and resistance at 22,800.
Nifty Bank closes below 48000; crucial support placed at 47750-47500: Experts (22-05-2024)
On Wednesday, the Nifty Bank index concluded trading below the significant psychological threshold of 48,000, with the next notable support levels positioned between 47,750 and 47,500. The index experienced a decline of 266 points, settling at 47,781, while the Nifty50 registered a 68-point increase, closing at 22,597.
Gainers & Losers: BHEL, Hindustan Zinc among 5 stocks in spotlight on Wednesday (22-05-2024)
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These 4 capital goods stocks hit 52-week highs, surge up to 32% in a month (22-05-2024)
Reaching a 52-week high is important because it marks a stock's highest value over the last year, which is significant for traders and investors.
Indian 10-year bond yield at near 1-year low post record surplus transfer by RBI (22-05-2024)
Indian government bond yields declined to a near one-year low after the central bank approved a record surplus transfer of 2.11 trillion rupees to the government, improving demand in Indian debt markets. Alok Singh from CSB Bank mentioned that the 10-year yield should move below 7% soon.