Posts tagged All News
Government unlikely to tinker with capital gains tax; market leadership to stay with cyclicals: Hiren Ved (19-07-2024)
There is always sector rotation. But the leadership that we have seen in power, capital goods, defence, railways, the so-called cyclical sectors is not going away anytime soon. They may go sideways, they may correct, but that is part of the healthy trend. It is a long-term trend and is not expected to reverse soon, says Hiren Ved.
Market snaps 4-day winning streak; Sensex slides 739 pts; Nifty settles below 22,550 (19-07-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex, was dropped 738.81 points or 0.91% to 80,604.65. The Nifty 50 index declined 269.95 points or 1.09% to 24,530.90.
JSW Steel Q1 Results: Profit falls 64% YoY to Rs 845 crore, misses estimates (19-07-2024)
JSW Steel Q1 Results: Revenue from operations in the June quarter increased 2% year-on-year to Rs 42,943 crore. EBITDA for the reporting quarter fell 22% YoY to Rs 5,510 crore, while margins declined 390 basis points to 12.8%.
Share market update: Most active stocks of the day in terms of traded value (19-07-2024)
The NSE Nifty index closed 269.95 points down at 24530.9
It’s being prepared to make crony capitalists richer: Congress targets govt ahead of Union Budget (19-07-2024)
Congress spokesperson Supriya Shrinate criticized the upcoming Union Budget, alleging it prioritizes benefiting a few crony capitalists over addressing pressing issues like unemployment, rising inequality, and declining FDI.
Bharat Petroleum Corporation consolidated net profit declines 73.30% in the June 2024 quarter (19-07-2024)
Sales rise 0.10% to Rs 113094.92 crore
Maithon Power standalone net profit declines 52.39% in the June 2024 quarter (19-07-2024)
Sales decline 3.67% to Rs 818.67 crore
NSE, BSE say functioning remains normal; unaffected by Microsoft outage (19-07-2024)
Country's leading stock exchanges NSE and BSE on Friday said they are not impacted due to the global outage of Microsoft systems amid reports of disruptions in functioning of several airlines, banks, media outlets worldwide.
Microsoft users globally, several in India, have reported massive outages in services, with outage tracking website Downdetector showing users flagging disruptions across various services.
Meanwhile, the two leading Indian stock exchanges announced that they are not impacted due to Microsoft outage.
"NSE (National Stock Exchange) and NCL (NSE Clearing Ltd) are working normal today," NSE's spokesperson said in a statement.
Separately, a spokerseron of BSE said that the bourse is "not impacted due to Microsoft issue. Our operations are running normal."
Globally, the Microsoft cloud outage led to US airlines cancelling flights, but the tech giant later reportedly said its cloud services outage in the Central US region has been resolved.
The glitch is causing use
Stock market update: Nifty Realty index falls 2.36% (19-07-2024)
The Nifty Realty index closed 2.36 per cent down at 1096.2.