Weakening Chinese growth prospects will weigh on commodities
New Delhi, Nov 21 - The range bound movement of the market is likely to be broken with an upward move soon, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Delinquencies have gone up in unsecured loans, especially in small ticket size personal loans
New Delhi, Nov 18 - Data and management commentaries across NBFC/banks suggest rising delinquencies in unsecured loans, especially in small ticket size personal loans (STPL), less than Rs 50,000, and loans sourced via FinTech partnership, foreign brokerage Nomura said in a report.
Nifty bank indices down after RBI raises weightage on unsecured loans
New Delhi, Nov 17 - Nifty PSU Bank and Nifty Bank fuelled pessimism in the market, which was down by 2.39 per cent and 1.31 per cent respectively.
Titagarh Wagons leads surge in railway stocks
New Delhi, Nov 17 - Shares of railway related companies are up 5-10 per cent on Friday.
TTK Prestige, Indusind Bank, Ramco Cements see substantial increase in pledged promoter holdings
New Delhi, Nov 17 - TTK Prestige, IndusInd Bank, and The Ramco Cements saw substantial increase in pledged promoter holdings in the September quarter, as per Kotak Institutional Equities.
Banks, NBFC stocks fall as RBI moves to curb risk in consumer lending
New Delhi, Nov 17 - Banks and NBFC stocks are down sharply in trade on Friday after the Reserve Bank of India's (RBI) action raised the risk weightage on unsecured loans.
Morgan Stanley gives Sensex target of 74K by Dec 2024
New Delhi, Nov 16 - Morgan Stanley has given a BSE Sensex target of 74,000 implying upside potential of 14 per cent to December 2024. This level suggests that the BSE Sensex will trade at a trailing P/E multiple of 24.7x, ahead of
TCS buyback boosts IT stocks as Nifty logs 2nd day of gains
Mumbai, Nov 16 - Nifty finished the day on a winning note, while most sectoral indices closed in the green.
Japan and India to lead Asia, emerging market equities
New Delhi, Nov 16 - Morgan Stanley expects GDP and EPS growth to again beat expectations in Japan and India and miss in China and emerging markets (EM) in 2024.
Several top large-cap stocks have hardly given any returns in past 2-3 yrs
New Delhi, Nov 16 - Indian mega-cap stocks are in a bear market, with several top large-cap. stocks have hardly given any returns over the past 2-3 years, the Kotak Institutional Equities said in a report.
Sensex scales 66K mark with 400-point jump
New Delhi, Nov 16 - BSE Sensex crossed the 66,000 mark on Thursday as the index moved up 400 points.
Pakistan stock market hits all-time high
Karachi, Nov 11 - The Pakistan Stock Exchange (PSX) had jumped past the 55,000 barrier, setting a new milestone.
M&M drives with Q2 PAT of Rs 3,451.88 cr
Chennai, Nov 10 - Automobile major Mahindra & Mahindra (M&M) Ltd closed the second quarter of FY24 with a higher net profit of Rs 3,451.88 crore.
Black Box EBITDA for the quarter doubles on year on year basis to Rs 101 cr
New Delhi, Nov 10 - Black Box Limited announced its unaudited financial results for the quarter and half year ended September 30, 2023.
Investors should exercise caution in small & mid-cap stocks, say analysts
New Delhi, Nov 10 - The mid and small-cap rally is partly driven by retail exuberance and since the valuations in this broader market are high, investors have to exercise some caution, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Hindustan Zinc partners with GreenLine for deployment of LNG-powered trucks for logistics
Debari (Rajasthan) Nov 9 -GreenLine Mobility Solutions Ltd (GreenLine), India's premier LNG-powered heavy trucking logistics company, marked a historic milestone as it officially deployed its LNG-powered trucks at Hindustan Zinc, a Vedanta Group company involved in zinc, lead and silver business.
UK seeks customs duty cut on electric cars in free-trade talks with India
New Delhi, Nov 8 - The UK is pushing for a cut in customs duty on electric vehicles in the ongoing negotiations for signing a free-trade deal with India, a senior official confirmed.
Nifty in range bound trade
New Delhi, Nov 8 (IANS) Deven Mehata, Research Analyst, Choice Broking on Wednesday said that after a small gap up opening Nifty traded sideways for the day near 19450 levels and closed near the same levels at 19443.50.
HPCL jumps in trade after better than expected Q2 results
New Delhi, Nov 8 - Hindustan Petroleum Corporation Limited (HPCL) continued its upward journey and was up 8 per cent in trade on Wednesday on the back of strong results.
No selling pressure in broader market since FII selling confined to large-caps
New Delhi, Nov 8 (- The tug of war between the FIIs and DIIs continues with sustained selling by the FIIs and sustained buying by the DIIs, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.