Posts in category Economic Times
Nvidia rivals gold as shield against inflation, survey shows (14-05-2024)
Gold, the haven of choice for decades, is still seen as the best safeguard against the risk of rising prices, according to 46% of survey participants. But nearly a third said the tech behemoths are their first pick for the role.
Blockbuster debut! Winsol Engineers shares list at 387% premium over issue price (14-05-2024)
Winsol Engineers shares debut at 387% premium on NSE SME. Listed at Rs 365 vs Rs 75. Oversubscribed 600 times. Proceeds for working capital, corporate needs, public issue expenses. Offers BoP solutions and maintenance services.
Stock market update: Nifty IT index falls 0.38% in an upbeat market (14-05-2024)
The Nifty IT index was trading 0.38 per cent down at 32949.5.
Refractory Shapes shares list at 142% premium on NSE SME platform (14-05-2024)
Refractory Shapes had a successful debut on NSE SME, listing at Rs 75 with a 142% premium. The IPO of 60 lakh shares was oversubscribed by 200 times, catering to diverse industries and offering tailored products.
Stock market update: Power stocks up as market rises (14-05-2024)
The 30-share BSE Sensex was up 14.47 points at 72790.6
Sensex rises! But these stocks are down 5% or more on BSE (14-05-2024)
In the Nifty pack, 30 stocks were trading in the green, while 20 stocks were trading in the red.
PSU banks’ profit jumps over 4 times in 3 years to Rs 1.4 lakh crore in FY24 (14-05-2024)
PSU banks' net profit skyrockets to Rs 1.4 lakh crore in FY24, driven by key factors like asset quality improvements, robust margins, and strong loan book growth. SBI emerges as a major contributor, showcasing a remarkable earnings turnaround.
Nifty Options Radar: Deploy Long Straddle amid election volatility (14-05-2024)
Nifty is below its 20 & 50 DEMA, 22,334 and 22,224 respectively and it will act as resistance in its upward bounce while on the downside the 100 EMA is at 21,821. This also points to a broader range of 500 points from the current price of 22055, as we prepare for a directional move.
Sensex rises over 150 points as retail inflation eases; Nifty above 22,100 (14-05-2024)
India's retail inflation eased in April, impacting key equity indices positively. Sectors like banking, metal, and energy saw gains, while some faced cuts. Shriram Finance surged over 5% on announcing a housing finance business sale to Warburg Pincus.
Q4 results today: Bharti Airtel, Patanjali Foods among 97 companies to announce earnings on Tuesday (14-05-2024)
Bharti Airtel and 96 other companies are set to announce Q4 results. Airtel's expected net profit ranges from Rs 2,201-5,309 crore with revenue projections of Rs 38,736-39,360 crore.