Mumbai: Shares of gold loan companies lost sheen on Tuesday after the Reserve Bank of India (RBI) called for these companies to take corrective measures for the lapses in loan sanctioning practices in the next three months. Muthoot Finance fell 3.9% and Manappuram Finance declined 1.9% as analysts see the central bank’s action weighing on … Read more
Indian Railway Finance Corporation Share Price 158.72 03:59 PM | 30 Sep 2024 1.91(1.22%) Suzlon Energy Share Price 80.05 03:59 PM | 30 Sep 2024 -1.05(-1.29%) Indian Renewable Energy Development Agency Share Price 234.88 03:59 PM | 30 Sep 2024 2.69(1.16%) Tata Motors Share Price 974.65 03:59 PM | 30 Sep 2024 -18.36(-1.85%) YES Bank … Read more
Discount broking firm Zerodha, owned by Nithin and Nikhil Kamath, booked profits on the BSE and added Radico Khaitan to its investment portfolio in the June quarter of 2024. Zerodha reduced its stake in BSE from 23.3 lakh shares (1.72%) in the March quarter to 19.8 lakh (1.46%) in the June quarter. This reduction follows … Read more
“I am expecting a 25 basis point, not because the markets do not need more, it is just that an extreme move like a 50 basis point might really scare the markets and that is definitely not what the Federal Bank is trying to achieve,” says Farah Mourad, Senior Market Analyst, Equiti Group.Now promising data … Read more
Ace investor late Rakesh Jhunjhunwala, often referred to as the Big Bull of Indian stock markets, passed away 2 years ago on this day and as investors remember him today on his second death anniversary, his investment philosophy will continue to inspire them. Jhunjhunwala died at the age of 62 in 2022 because of kidney … Read more
Brokerage firms such as Nuvama have a buy call on United Spirits and Federal Bank, while Nomura has a buy call on Tata Motors. Citi has a buy call on L&T, and Bernstein has an outperform rating on Axis Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other … Read more
Besides macro factors and solid earnings growth, one of the biggest reasons behind higher valuation multiples on Dalal Street is the unflinching faith shown by domestic investors. But the valuation multiples can face headwinds if the domestic flows into equities slow down following rises in short- and long-term capital gains tax in the Union Budget, … Read more
Shares of Federal Bank rallied 5.5% to its new all-time high of Rs 203.40 on BSE on Tuesday after the company announced RBI approval of the appointment of Krishnan Venkat Subramanian as its Managing Director and Chief Executive Officer. “Based on our application made to the Reserve Bank of India (RBI) on May 06, 2024, … Read more
Domestic markets closed lower on Monday due to selling in index heavyweight Reliance Industries and Kotak Bank on muted earnings and caution ahead of the Union Budget. In today’s trade, shares of HUL, Bajaj Finance, Suzlon Energy, Federal Bank, Gensol Engineering among others will be in focus due to various developments and quarterly earnings HUL, … Read more
Indian Railway Finance Corporation Share Price 176.48 04:10 PM | 3 Jul 2024 4.51(2.63%) One97 Communications Share Price 417.55 03:59 PM | 3 Jul 2024 -3.5(-0.84%) YES Bank Share Price 23.93 04:10 PM | 3 Jul 2024 0.08(0.34%) ITC Share Price 428.3 04:10 PM | 3 Jul 2024 2.81(0.66%) HDFC Bank Share Price 1768.65 04:10 … Read more
