BUSINESS
Taking Stock | Indian markets show strength despite weak global cues and Fed
All sectoral indices barring realty and metals ended in the positive territory
BUSINESS
Wealth Management ― Technology adoption, the new growth engine
Technology is a key focus area for all companies in this field, with an emphasis on meeting the needs of the three stakeholders: clients, relationship managers, and back office
BUSINESS
Taking Stock | Freaky Friday rocks Indian markets, indices plummet 2%
The BSE Sensex tanked more than 1,000 points while Nifty closed at 17,531.
BUSINESS
Taking Stock | Markets lose early morning steam, end lower for the second day
The BSE Sensex lost 413 points while Nifty fell 126 points to end below 18,000
BUSINESS
Taking Stock | Markets rebound from early morning crash, Nifty manages to hold 18,000
The reversal of trend in the post-lunch session was led by Banking and Metal stocks.
BUSINESS
Taking Stock | Market shrugs off weak macro data; Sensex up 456 points, Nifty above 18,000
Tata Consumer Products, IndusInd Bank, Britannia, Bharti Airtel, and Titan Company were the top Nifty gainers
BUSINESS
Life insurance sector chugging along the growth path
Private life insurers reported 8.9 percent on year growth in individual APR and 17.6 percent y-o-y growth in total APE in August 2022. Total APE growth for LIC was lower at 12.5 percent on year but its YTD growth was higher than that of the industry
BUSINESS
Taking Stock | Markets end the week on a positive note, IT stocks gains
Both the Sensex and the Nifty gained 1.7 percent during the week, buoyed by falling crude prices and a decline in domestic bond yields
BUSINESS
Hotel stocks surge over 50% as industry checks in to growth phase with strong fundamentals
Leaner operating costs, increase in occupancy levels and average room rate reflect the strong uptick in the stock prices of Indian Hotels Company, EIH Ltd and Lemon Tree Hotels
BUSINESS
Taking Stock | Sensex zooms 659 points, Nifty shy of 17,800 as crude tumbles
Positive global cues and consistent FII inflows also aided sentiment. Banking and financials jump close to 2% each
BUSINESS
Industrials, financials, discretionary to gain on capex boom: Morgan Stanley
Given the perception that growth may be accelerating, led by investments, the domestic cyclical sectors could gain, the global investment bank has said
BUSINESS
Taking Stock | Stocks slide again amid weak global cues, European energy crisis
BSE Sensex was 168.08 points or 0.28 percent down at 59,028.91 while the broader Nifty ended the day with a loss of 31.2 points or 0.18 percent at 17,624.4.
BUSINESS
Despite reluctance of FIIs to give up on China story, India remains an attractive bet
India will continue to attract foreign funds because many forecasts for the developed world, especially Europe, for the end of the year and into the next year make somewhat gloomy reading, said Cameron Brandt of EPFR Global
BUSINESS
Demand spike, large capex set power stocks up for a long haul
Renewable energy is one of the strongest growth vectors in power and proliferation of electric vehicles in India also presents a huge opportunity
BUSINESS
Taking Stock | Indian market closes flat on a volatile day as investors await US jobs data
Both BSE midcap and BSE smallcap indices, which gained 1.4 percent, outperformed the benchmarks this week
BUSINESS
Taking Stock | Indian market succumbs to negative global cues, slides more than 1%
Realty, PSU banks and auto were the only sectors that buck the downward trend on the Nifty, while IT, pharma, financials and metals were the biggest drags
BUSINESS
Taking Stock | Indices shrug off Fed's ultra-hawkish commentary, zoom over 2.5%
Today's rebound indicates the domestic economy's resilience in comparison to its global peers
BUSINESS
RIL AGM 2022 | Reliance’s new energy mega plans to ensure company stems possible de-rating even if oil goes down
RIL AGM 2022 | The company has planned giga scale capacities for solar power, grey hydrogen and electric batteries as well as power electronics and other non-conventional energy sources
BUSINESS
Taking Stock | Sensex, Nifty gain for eighth day in a row; realty stocks climb
Investors should focus more on stock selection after the recent surge and focus more on the sectors/stocks which are trading in sync with the benchmark instead of focusing on laggards.
BUSINESS
India at 75 – hits & misses, a perspective by Manish Chokhani
There's no reason to doubt that India will give a 15 percent compounded return, and a $5,000 per capita at the end of a decade from today
BUSINESS
India’s logistics sector takes to technology to adapt to evolving business environment
India’s logistics cost as a percentage of GDP at 14 percent is higher than the BRICS average of 11 percent. The sector is poised for a change, driven by tech solutions and policy reforms.
BUSINESS
As PSU clean-up changes perception about banks, experts see returns have legs to go on
Public sector banks are in investors’ focus with continuous improvement in asset quality and pick-up in advances.
BUSINESS
Hero MotoCorp Q1 Result | Consolidated profit grows 131% YoY to Rs 590 crore; revenue up 54%
The growth in the revenue was fueled by higher volumes and better realisations which were partly offset by lower mix from spares segment as well as lower export volumes.
BUSINESS
Taking Stock | Sensex, Nifty witness longest stint of weekly gains since mid-January
The Sensex gained 1.87 percent during the week while the Nifty edged higher by 1.77 percent.
