Posts in category Economic Times
Apple logs strong double-digit growth in India; CEO says incredibly exciting market (03-05-2024)
Apple grew at a strong double-digit rate in India, hitting a new March quarter revenue record in an "incredibly exciting market", even though the tech titan's overall quarterly revenue declined 4 per cent.
Dow surges over 480 points at open on soft jobs data (03-05-2024)
The S&P 500 rose 58.6 points, or 1.16%, at the open to 5,122.78?, while the Nasdaq Composite rose 306.5 points, or 1.94%, to 16,147.482 .
Carlyle Group sells 2% stake worth Rs 1,442 crore in YES Bank via block deal (03-05-2024)
Prior to the block deal, the Carlyle Group held a 8.74% stake in this private lender through an entity named CA Basque Investments. YES Bank reported a standalone net profit of Rs 452 crore for the quarter ended March 31, 2024, a jump of 123% over Rs 202.43 crore reported by the lender in the year-ago period.
Tech View: Nifty forms Doji candle on weekly scale. What traders should do next week (03-05-2024)
Technically, the index closed below the level of 22,500, which has been acting as a minor support for the last couple of days. While this is a negative development, it’s not something that opens a big downside, observed an expert.
Tata Technologies announces dividend of Rs 10.05 per share (03-05-2024)
The company on Friday reported a consolidated net profit of Rs 157.24 crore for the quarter ended March 31, down 27% YoY as against Rs 216.56 crore reported in the year-ago period.
BofA hikes target prices of Vodafone Idea, 3 other telecom stocks on tariff hike expectations (03-05-2024)
The brokerage also increased the target price for other key players in the sector with Bharti Airtel’s target at Rs 1,430 and Reliance Industries’ target price at Rs 3,340, foreseeing an upside of 13.5% and 17.4%, respectively.
Has Nifty Bank made a top? Index ends below 49,000; support seen at 48,800-48,500: Experts (03-05-2024)
SBI and ICICI Bank witnessed some buying while selling pressure was seen in Bank of Baroda, PNB, Bandhan Bank, and Kotak Mahindra Bank which fell over 1% each.
Trent, Oberoi Realty among 5 stocks with top long unwinding (03-05-2024)
In Friday's trading session, five stocks witnessed a top long unwinding.
Stock market update: Nifty Auto index falls 0.85% (03-05-2024)
The Nifty Auto index closed 0.85 per cent down at 22541.35.
Ashok Leyland, Lupin among 5 stocks with top short covering (03-05-2024)
Short covering signals a shift in view on a security from extreme bearishness to bullishness.