Meta rallied 25 percent after sales beat expectations and the company said it will become leaner and more decisive.
Based on the OI percentage, a short build-up was seen in 58 stocks including Birlasoft, Adani Ports, ACC, Coromandel International, and HDFC Life Insurance Company.
Additional surveillance measure (ASM) is an initiative to enhance market integrity and safeguard the interest of investors. By putting stocks under ASM, exchanges also serve as a warning to investors to keep a tab on unusual price movements.
If the index fails to hold above 17,500, a fresh selloff is likely with the Nifty expected to retest 17,380-17,350, market experts said
Adani Ports, Coromandel International and Titagarh Wagons were the top index losers
Among sectors, FMCG and Information Technology indices gained 1 and 2 percent, while power, oil & gas, metal indices fell 1-4 percent
As per a poll of brokerages conducted by Moneycontrol, the company was set to report post-tax profit of Rs 265 crore on a revenue of Rs 3,454 crore.
Live: To discuss whether Budget 2023 was a booster shot for the economy or not, CNBC-TV18’s executive editor Latha Venkatesh is joined by Soumya Kanti Ghosh, Group Chief Economic Advisor, SBI, Neeraj Gambhir, Group Executive & Head - Treasury, Markets & Wholesale Banking Products, Axis Bank, Sandeep Bhatia, Head of Equity, India and Country Head, Macquarie Group and Former MPC Member & IEPF Chair Professor, NCAER Mridul Saggar
Post-Budget press conference with FM Nirmala Sitharaman & Union Budget 2023 Team: Finance Minister Nirmala Sitharaman and the Union Budget 2023 team including Chief Economic Advisor V Anantha Nageswaran address the media in this press conference and bring clarity to Budget 2023.
Sivaram, the Investment Director of Enam Holdings, does not see any issue with regard to the banking sector’s infrastructure lending to the Adani group or any other group.
The sell-off in Adani group companies intensified, with most stocks hitting the lower circuit. ITC, Britannia Industries, IndusInd Bank, HUL and Infosys were among the biggest gainers on the Nifty
Live: Union Budget 2023 India | Finance Minister Nirmala Sitharaman Speech | Complete Analysis with Market Experts, Business Analysts, Finance Consultants, and Influencers On Moneycontrol. FM Nirmala Sitharaman Live | It will be the current Government's last Budget presentation before the Elections in 2024.
The chemical manufacturing company reported a 44.5 percent year-on-year growth in profit at Rs 84 crore for the quarter ended December FY23 with strong operating performance and a healthy topline for the quarter.
Despite the global economic headwinds and geopolitical uncertainties, the fiscal arithmetic looks conservative
In its business update issued on January 6, the company had said that demand trends for the industry remained weak during the third quarter with rural markets staying under pressure
The budget sets the path for the long-term sustainable growth of the Indian economy with a pragmatic and prudent approach
Decoding the union budget with Nilesh Shah, Managing Director, Kotak Mahindra Asset Management. Will the budget spur growth? What’s the world’s view on the budget? Are the estimates conservative or realistic? Listen in for a candid analysis of the last full budget of Modi 2.0.
In today’s edition of Moneycontrol Pro Panorama: Financial sector doesn’t fit Budget jigsaw, how to boost growth prudently, curious absence of startups, budget to support economic recovery, and more
Since last week, investors have lost over $100 billion of market value in the Adani group after US short seller Hindenburg Research accused the company of using tax havens and flagged debt concerns in a report.
JSPL’s MD speaks about capital outlay of Rs 10 lakh crore, affordable housing, infra push, extension of basic custom duty and more among other things, live. Tune in!
HDFC's net profit growth of 13% came on the back of a healthy loan growth and steady margins.
Powell has to choose a rate level that he thinks will get financial conditions to the right place at the right pace
Metals stage gains on dollar decline, Aluminium Global inventories lowest since 2002 at 1.4mln tons Vs 2.3mln tons Y-Y. Catch Commodities live with Manisha Gupta & Karunya Rao only on Moneycontrol
The stock took a beating after the Budget hiked the National Calamity Contingent duty but the scrip recovered swiftly when it emerged that the hike was not steep and closed in the green