New Delhi: Equity markets may see a gradual uptrend with some volatility this week as the election and earnings season is about to end, the analyst said, adding that global trends and trading activity from foreign investors will weigh on investor sentiments. Will play an important role in...
New Delhi, State-owned Oil India Ltd (OIL) on Monday reported its highest quarterly net profit in the three months to March 31, helped by higher oil production and better prices.Standalone net profit of Rs 2,028.33 crore in January-March was 13.45 per cent higher than earnings in the same...
New Delhi, Credit rating agency S&P Global on Monday said Bharti Airtel's Africa EBITDA is expected to decline by about 2 per cent in the current financial year and total income is expected to register slower growth.However, the credit rating agency said Bharti Airtel's overall earnings will...
New Delhi: The last batch of quarterly earnings, global trends and trading activity by foreign investors will dictate equity market movements in the coming holiday week, analysts say.Volatility may continue amid the cautious attitude of investors during the election season.Markets will...
At close, Sensex was at 73,917, up 253 points or 0.34 per cent, Nifty was at 22,466, up 62 points or 28 per cent.Broader market indices outperformed the benchmarks. The Nifty Midcap 10 index was up 451 points or 0.88 per cent at 51,604 points and the Nifty Smallcap 100 index was up 274...
This is the second consecutive fortnightly cut in windfall tax after the cut from Rs 9,600 to Rs 8,400 per metric tonne on May 1.Upstream oil exploration and production companies ONGC and Oil India Ltd will benefit as they will have to reduce taxes on their crude oil production.The tax has...
New Delhi: Major FMCG manufacturers expect volume-led growth in FY2025 with a revival in consumption driven by a normal monsoon and projections of a good Rabi crop in a low-inflation environment.Companies like Britannia, Marico, Dabur, GCPL and HUL in their latest mark quarterly earnings also...
New Delhi: State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd reported bumper profits of nearly Rs 81,000 crore in FY24, surpassing their annual earnings in the pre-oil crisis years. is much more than.The combined...
New Delhi: Analysts say this week the stock markets will be driven by domestic inflation data, current quarter earnings of corporates and global trends.Market experts say that investors will also keep an eye on the news around the general elections.Apart from this, investors will also take...
L&T's revenue from operations rose 15 per cent to Rs 67,079 crore, with international earnings accounting for 45 per cent of the total.The company's board has recommended a final dividend of Rs 28 on each share of face value Rs 2 for the financial year ending March 2024.For the year ending...
Mumbai: Benchmark Sensex slipped as much as 45 points in highly volatile trade on Wednesday due to selling in private bank and IT stocks amid weak Asian markets and continued foreign fund outflows.Falling for the second consecutive session, the 30-share BSE Sensex closed 45.4 points or 0.06...
During the session, the Sensex traded between a high of 73,684 and a low of 73,073.On NSE, 1,281 shares closed in the green, while 940 shares closed in the red. Buying inclination was seen in small-medium stocks instead of large-cap stocks.The Nifty Smallcap 100 index closed at 16,461, up 94...
BMW's earnings before interest and taxes fell by nearly a quarter year-on-year to 4.05 billion euros ($4.35 billion), the company announced.BMW's significant 5 Series vehicle model changes had a negative impact on the figures, as well as a higher proportion of fully electric cars, which are...
China's current equity market capitalization is twice that of India, at a time when its GDP is 5 times that of Indian GDP.Between 2004 and 2021, China's economy rapidly overtook India's GDP, but some relative momentum has since been lost. The report said that over the last 3 years, India's...
Mumbai (Maharashtra) [India], Indian stock markets are set for a stellar performance in the coming week, influenced by a host of factors including earnings reports, GDP data in the euro zone and global market trends, according to market experts on Friday. There has been a decline. Speculations...
New Delhi: The ongoing fourth quarter earnings season, global factors and macroeconomic data will dictate trends in equity markets this week, analysts say.The market will also take cues from the trading activity of foreign investors, the trend of rupee-dollar and the movement of global oil...
The percentage is higher. Net profit doubled to Rs 1,526 crore in the fourth quarter. The Adani Group company attributed the strong performance to improvements in key performance indicators (KPIs) – such as volumes, efficiency, costs and per capita expenditure. The cement maker's revenue from...
The NSE Nifty 50 fell 39 points or 0.17 per cent to 22,605, while the BSE Sensex fell 188.50 points or 0.25 per cent to 74,482.78.Vinod Nair, head of research at Geojit Financial Services, said global markets were mixed ahead of the US Fed policy meeting as the market seems to have already...
Most sectors closed in the green with buying in banking, financial and oil and gas stocks.The banking index rose 2 per cent to a record high after index heavyweights like ICICI Bank, Axis Bank, IndusInd Bank and HDFC Bank announced inline Q results, while smaller PSU banks reported impressive...
New Delhi [India], According to market analysts, after the excellent performance of the US markets on Friday, the bullish trend in the stock market may continue in the coming week. The coming week will be dominated by corporate earnings releases and the much-awaited Federal Open. The Market...