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Debaroti Adhikary

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Nifty IT index snaps 7-day losing streak as LTI Mindtree, Infosys shares jump up to 2%

BUSINESS

Nifty IT index snaps 7-day losing streak as LTI Mindtree, Infosys shares jump up to 2%

This comes as the Indian rupee opened 5 paise lower, threatening to breach the 87 mark again against the US dollar.

Paytm partners with SBI MF to launch Rs 250 SIP under 'JanNivesh' scheme: How to set up on your phone

BUSINESS

Paytm partners with SBI MF to launch Rs 250 SIP under 'JanNivesh' scheme: How to set up on your phone

The scheme provides flexible SIP options, including daily, monthly, or weekly contributions, to suit the varied financial needs and preferences of customers.

Nifty Bank recovers 600 points from day's low; IndusInd, HDFC Bank shares gain up to 2%

BUSINESS

Nifty Bank recovers 600 points from day's low; IndusInd, HDFC Bank shares gain up to 2%

The shares of IndusInd Bank were the top gainer on the index, trading over 2 percent higher at Rs 1,046 apiece

Small, midcap indices tumble in a broad-based downturn: Key stocks under selling pressure

BUSINESS

Small, midcap indices tumble in a broad-based downturn: Key stocks under selling pressure

ICICI Pru AMC's veteran CIO S Naren had advised caution regarding SIP investment in mid and smallcap stocks. "We think it is a clear time to take out lock, stock, and barrel from small- and mid-caps," he had said.

Genesys shares fall to 6-month low after firm's Q3 results, extend losses for 3rd straight session

BUSINESS

Genesys shares fall to 6-month low after firm's Q3 results, extend losses for 3rd straight session

The company announced that its board has approved the proposal to raise up to Rs 350 crore through qualified institutional placement (QIP) or other methods.

Utkarsh Small Finance Bank shares tumble 15% to all-time low after bank posts Rs 168-crore Q3 loss

BUSINESS

Utkarsh Small Finance Bank shares tumble 15% to all-time low after bank posts Rs 168-crore Q3 loss

The bank's asset quality also saw a sharp deterioration. Its net non-performing assets (NPA) jumped multifold to Rs 457.69 crore in Q3 FY25, up from Rs 29 crore in Q3 FY24.

RVNL shares drop 7% after firm's Q3 net profit declines 13% to Rs 311 crore

BUSINESS

RVNL shares drop 7% after firm's Q3 net profit declines 13% to Rs 311 crore

The railway company's revenue from operations declined nearly 3 percent year-on-year to Rs 4,567 crore in Q3 FY25.

Weak debut: Ajax Engineering shares close at 6% discount on listing day

BUSINESS

Weak debut: Ajax Engineering shares close at 6% discount on listing day

The company had set a price band of Rs 599-629 per share for the IPO which solely comprised an offer-for-sale of over 2 crore shares by the existing shareholders.

Samvardhana Motherson shares fall 3% after firm's Q3 results

BUSINESS

Samvardhana Motherson shares fall 3% after firm's Q3 results

Samvardhana Motherson's EBITDA improved to Rs 2,776 crore during the quarter which ended on December 31, 2024.

Realty stocks fall up to 3%, drag Nifty Realty lower in a market-wide selloff

BUSINESS

Realty stocks fall up to 3%, drag Nifty Realty lower in a market-wide selloff

Phoenix Mills shares were the top loser on the index, falling 3.3 percent to trade at Rs 1,547 apiece. The stock is currently hovering near its 52-week-low record of Rs 1,215 apiece.

Godfrey Phillips shares soar 10% after firm's Q3 net profit zooms 49% to Rs 316 crore

BUSINESS

Godfrey Phillips shares soar 10% after firm's Q3 net profit zooms 49% to Rs 316 crore

The company's revenue from operations rose over 27 percent year-on-year to Rs 1,896 crore in Q3 FY25. Its revenue from operations stood at Rs 1,488 crore in Q3 of FY24.

Leading insurers SBI Life, HDFC Life, Bajaj Finserv rise 3% as Investec sees no setback in new tax bill

BUSINESS

Leading insurers SBI Life, HDFC Life, Bajaj Finserv rise 3% as Investec sees no setback in new tax bill

Brokerage Investec said that the new tax bill is not expected to change the preferential tax rates that apply to life insurance companies, instead keeping a status-quo, thus removing a major overhang for the sector.

Ashok Leyland shares jump 8% after firm's Q3 net profit surges 36% to Rs 762 crore

BUSINESS

Ashok Leyland shares jump 8% after firm's Q3 net profit surges 36% to Rs 762 crore

It reported revenue from operations at Rs 11,995 crore. This marks an increase of over 8 percent from the Rs 11,066 crore revenue from operations reported in the corresponding quarter of the previous financial year.

Nifty FMCG index breaks seven-day losing streak as markets rebound sharply

BUSINESS

Nifty FMCG index breaks seven-day losing streak as markets rebound sharply

Shares of Varun Beverages were the top gainer on the index, trading nearly 3 percent higher at Rs 533.45 apiece

SAIL shares jump 3% post-Q3 results, break two-day losing streak

BUSINESS

SAIL shares jump 3% post-Q3 results, break two-day losing streak

SAIL reported a consolidated net profit of Rs 142 crore for Q3 FY25, marking a fall of nearly 66 percent from the net profit reported in Q3 FY24.

NBCC shares break 5-day losing streak after winning new orders from Mizoram govt

BUSINESS

NBCC shares break 5-day losing streak after winning new orders from Mizoram govt

The Navratna PSU company reported a 25 percent year-on-year rise in net profit to Rs 138 crore for the quarter which ended on December 31, 2024.

Vodafone Idea shares crash 5% after firm's Q3 net loss narrows marginally to Rs 6,609 crore

BUSINESS

Vodafone Idea shares crash 5% after firm's Q3 net loss narrows marginally to Rs 6,609 crore

Vodafone Idea's average revenue per user (ARPU) meanwhile rose 4.7 percent quarter-on-quarter to Rs 173 in Q3. This was driven by tariff hikes and customers upgrading to higher plans.

Keystone Realtors shares declines 8% after Q3 net profit halves to Rs 15 crore

BUSINESS

Keystone Realtors shares declines 8% after Q3 net profit halves to Rs 15 crore

The revenue from operations of the parent entity of Rustomjee fell nearly 11 percent year-on-year to Rs 464 crore.

Nifty Bank slips below 20-day moving average as frontline bank stocks fall up to 3%

BUSINESS

Nifty Bank slips below 20-day moving average as frontline bank stocks fall up to 3%

Despite being in deep red, Nifty Bank was the best performer among the sectoral indices.

Swiggy, Zomato shares fall up to 6%, extend post-Q3 losses as bears dominate market

BUSINESS

Swiggy, Zomato shares fall up to 6%, extend post-Q3 losses as bears dominate market

The stocks continued to reel under the effect of their weak performance in the October-December quarter of the current financial year.

Avanti Feeds shares jump 3% after firm's Q3 net profit surges 87% to Rs 135 crore

BUSINESS

Avanti Feeds shares jump 3% after firm's Q3 net profit surges 87% to Rs 135 crore

The company's revenue from operations jumped nearly 9 percent to Rs 1,366 crore during Q3 FY25. It had earlier reported revenue from operations at Rs 1,253 crore for Q3 FY24.

Trump's tariff scare spooks Dalal Street: Three stocks that bled the most on Sensex

BUSINESS

Trump's tariff scare spooks Dalal Street: Three stocks that bled the most on Sensex

The Sensex closed 548 points lower at 77,311.80, with majority of its constituent ending the session in the red.

Tilaknagar Industries shares nosedive 20% as Bombay HC dismisses company's plea related to Mansion House brand

BUSINESS

Tilaknagar Industries shares nosedive 20% as Bombay HC dismisses company's plea related to Mansion House brand

Tilaknagar Industries has been manufacturing, marketing and selling whiskey, gin and brandy under the 'Mansion House' and 'Savoy Club' trademarks in India since 1983.

Delhivery ropes in former Airtel Global CEO Vani Venkatesh as Chief Business Officer

BUSINESS

Delhivery ropes in former Airtel Global CEO Vani Venkatesh as Chief Business Officer

The company’s previous CBO Sandeep Kumar Barasia had resigned in May 2024.

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