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Source: Live Mint At first glance, it appears that the worst may be over for the Indian stock market. After five consecutive months of losses, the benchmark Nifty 50 index has risen nearly 6% in March. This sharp rebound can be attributed to attractive valuations, improving macroeconomic conditions, and declining foreign capital outflows. Nifty 50…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Hindalco Industries reported a 60 percent growth in its December quarter consolidated net profit to ₹3,735 crore compared to ₹2,331 crore in the same period last year. Revenue from operations in Q3FY25 stood at ₹58,390 crore, marking an…
Source: Live Mint Indian markets have declined 0.7 per cent so far in February, setting the indices up for a fifth consecutive month of losses. In 2025 so far, the benchmark indices have dropped over a per cent, weighed down by global economic uncertainties and elevated domestic valuations. The broader markets have faced a steeper…
Source: Live Mint Stock market today: Shriram Finance shares dropped as much as 6 per cent on Friday, January 10, as they turned ex-date for stock split in the ratio of 1:5. The company had also fixed January 10 as the record to determine the shareholder eligibility for 1:5 stock split. Shriram Finance had on…
Source: Live Mint 2025 Market Outlook: Brokerage house B&K has outlined its market outlook for 2025, highlighting the challenges and opportunities as investors navigate through a period marked by macroeconomic uncertainty and a shifting global landscape. The brokerage noted that the second half of 2024 was particularly challenging, and the earlier part of 2025 may…
Source: Live Mint Shriram Finance Ltd. completed the sale of its housing finance subsidiary to Warburg Pincus affiliate on Wednesday, December 11, for ₹3,929 crore. The flagship company of the Shriram group sold its entire 84.44 per cent shareholding on a fully diluted basis. With the completion of the stake sale, Shriram Housing Finance has…
Source: Live Mint Non-banking finance company (NBFC) stocks have been hammered by Dalal Street investors in recent weeks, following a mixed performance in the September quarter (Q2FY25). This was driven by a moderation in year-on-year disbursement growth due to a slowdown in unsecured loans (personal, credit cards, MFI) amidst asset quality concerns and regulatory actions….
Source: Live Mint Shriram Finance share price reversed initial losses to jump nearly 4 per cent after the company said its board will meet later this month to consider interim dividend and stock split. The said meeting is slated for Friday, October 25. Following the announcement, Shriram Finance stock jumped as much as 3.61 per…
Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 1:37 PM IST The NSE Nifty 50 index has gained 2 per cent from its recent low of 24,700-odd levels. The recent gains are seen as a pullback as the Nifty had plunged over 1,550 points in preceding six trading sessions. …
Source: Business Standard 5 min read Last Updated : Sep 17 2024 | 1:38 PM IST We are near about six months into the fiscal year 2024-25, and the Indian stock market has witnessed strong gains already thus far. The BSE benchmark Sensex 30 has rallied 12.7 per cent or 9,349 points and has…
