Posts in category Economic Times
Stock market update: FMCG stocks up as market rises (22-05-2024)
The 30-share BSE Sensex closed up 267.75 points at 74221.06
Max Healthcare Institute Q4 Results: PAT down 3% YoY to Rs 311 crore (22-05-2024)
Max Healthcare Institute Ltd on Wednesday reported a 2.81 per cent decline in profit after tax at Rs 311 crore in the fourth quarter ended March 31, 2024. The company had posted a Profit After Tax (PAT) of Rs 320 crore in the same quarter of the previous fiscal, Max Healthcare Institute said in a statement.
Stock market update: Nifty Auto index falls 0.13% (22-05-2024)
The Nifty Auto index closed 0.13 per cent down at 23324.1.
Rupee closes tad higher, off six-week peak on importers’ dollar demand (22-05-2024)
The Indian rupee ended slightly stronger on Wednesday after dollar demand from local importers prompted the currency to shed gains from a six-week high hit earlier in the session.
Strides Pharma Q4 Results: Pharma co reports Rs 10.4 crore net profit (22-05-2024)
Strides Pharma Science posted a net profit of Rs 10.4 crore in Q4FY24, rebounding from a loss of Rs 1 crore in the same period last year. Pre-tax profit was Rs 29.6 crore.
Sensex ends 267 points higher, Nifty near 22,600 ahead of Fed mins (22-05-2024)
Domestic equity indices, BSE benchmark Sensex and NSE Nifty, surged on Wednesday, led by gains in fast-moving consumer goods and Reliance Industries, ahead of the Federal Reserve minutes.
Should we book some profits or stay invested in PSU stocks? Bhavin Shah answers (22-05-2024)
Bhavin Shah discusses challenges in PSU banks due to strong growth pricing. Market verdict post-elections is uncertain. Focus on policy action and fundamentals driving market growth. Individual banks and tactical trade decisions are crucial. Profits, sectors, and bottom-up opportunities are key considerations. PSU basket, capital expenditure, and railways are under scrutiny.
Indian Bank board approves plan to raise Rs 12k cr (22-05-2024)
Public sector lender Indian Bank on Wednesday said its board has approved a proposal to raise up to Rs 12,000 crore through equity and debt.