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20th May 2022
Domestic equity indices are trading with a gain of over 2 in early morning deals. Overnight, the Wall Street indices ended slightly lower after losing all their grounds a day before. The Dow Jones Industrial Average fell 0.75. Whereas, Nasdaq an
The sharpest decline in the global markets dented the domestic market's sentiments further. The Nifty is below its important psychological level of 16,000 and slipped further as the day progressed. At one point in the day it has slipped below 15,800-
The stock market indices were supposed to have a weak day on Thursday since the global cues were extremely bearish overnight. On Wednesday night, the Dow Jones Index had corrected by 1,165 points and the NASDAQ had fallen by 566 points. The US market
19th May 2022
FMCG major Godrej Consumer Products Ltd on Thursday said its consolidated net profit for the fourth quarter ended March 2022 declined 0.7 on a year-on-year basis. Net profit for the January-March quarter this year came in at Rs 363.24 crore as ag
Commercial vehicle maker Ashok Leyland surprised the market with significantly higher earnings, partly boosted by exceptional income, but also recorded high revenue growth that came ahead of analysts’ estimates for the three months ended March 31,
At market close on Thursday, the Sensex fell sharply and was down by 1416.30 points or 2.61 and at 52.792.23 level and the Nifty 50 was trading at 15,8409.40 down by 430.90 points or 2.65. A total of 3447shares were traded on the BSE, out
The global markets are in turmoil even as analysts and economists predict a US recession amid rising inflation. A stagflationary situation is what is concerning the majority of investors in the western markets. Tech heavy index NASDAQ is down by 2
Yesterday, this conglomerate posted its robust Q4 results that managed to beat the market expectations. Let’s dig deeper into this. ITC, which is a part of the S&P BSE Sensex, operates in five business segments at present; FMCG Cigarettes, F
This company’s share price has appreciated by almost 15 times in the last two years compared to the S&P BSE 500 index, which appreciated by 1.86 times. Saregama India Ltd, an S&P BSE 500 company, has made it to the list of multibagger co
The sell-off in the global bourses led to a huge gap down for our market as Nifty started the day around 15900 mark. Without any meaningful pullback, the index traded with a negative bias throughout the day and the Nifty ended around 15800 with a los
Domestic equity benchmarks Sensex and Nifty ended Thursday's session deep in the red owing to a global sell-off, as concerns about flaming inflation and its impact on world economic growth resurfaced. Indian equity market extended its fall for the
Dr Reddy’s Labs, the second-largest Indian drugmaker by revenue, saw its profit tank under the weight of impairment charges for the three months through March 2022 but surprised with better-than-expected top line growth. The Hyderabad-based comp
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