Posts in category Economic Times
ET Explains: Elections and the surge in remittances (16-05-2024)
India has been on top of the charts of remittances from its diaspora. In 2022-23 it crossed the $100billion mark to $112 billion and a record $29 billion in the December quarter alone. But will the uptrend continue? An explainer on what drives inward remittances.
Vodafone Idea Q4 Results: Cons loss widens to Rs 7,675 crore YoY; ARPU rises to Rs 146 from Rs 135 (16-05-2024)
Vodafone Idea Q4 Results: Revenue from operations stood at Rs 10,607 crore against Rs 10,532 crore reported in the corresponding quarter of the last financial year. Its EBITDA for the quarter was reported at Rs 4,336 crore and there was an increase in subscriber base to 12.63 crore versus 12.26 crore in Q4FY23.
Hindustan Copper, Vodafone Idea among 5 stocks with top long unwinding (16-05-2024)
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.
Dow sprints past 40,000-mark for first time on earnings boost, rate-cut bets (16-05-2024)
All three major indexes notched record closes in the previous session after a smaller-than-expected rise in consumer inflation fueled optimism that inflation was easing after three months of hotter numbers.
Akzo Nobel India Q4 Results: Net profit rises 14% YoY to Rs 108.7 crore (16-05-2024)
Paints and coatings maker Akzo Nobel India Ltd on Thursday reported a 13.94 per cent increase in consolidated net profit to Rs 108.7 crore in the fourth quarter ended March 2024, driven by volume growth.
Tech View: Nifty forms small Hanging Man candle. What traders should do on Friday (16-05-2024)
On the call side, there are notable OI concentrations at the 22,500 and 22,900 levels, suggesting these as resistance levels to watch, with the 22,900 level approaching all-time highs.
Technical Breakout Stocks: How to trade Hitachi Energy India, Oberoi Realty and Bharti Airtel on Friday (16-05-2024)
Sensex, Nifty bounced back from day’s lows by nearly 1%. Hitachi Energy India, Oberoi Realty, Bharti Airtel were in focus on Thursday. According to an expert, Bharti Airtel seems to be consolidating in the range of 1,295-1,360 in the last few sessions.
Silver surges Rs 1,800 to hit all-time high; gold jumps Rs 650 (16-05-2024)
Silver soared by Rs 1,800 to hit a fresh record high of Rs 88,000 per kg on Thursday, while gold prices jumped Rs 650 to Rs 74,050 per 10 grams in line with strong global trends.
Biocon Q4 Results: Net profit slumps 57% YoY to Rs 135 crore (16-05-2024)
Biocon Q4 Results: Revenue from operations increased 16% year-on-year (YoY) to Rs 2,947 crore in the January-March 2024 period.
Stock market update: Mining stocks down as market rises (16-05-2024)
The 30-share BSE Sensex closed up 676.69 points at 73663.72