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5th Jun 2024
The unexpected election results in India have sent shockwaves through the stock market, with mutual funds bearing a significant brunt of the impact. Over the last two trading sessions, these investment vehicles witnessed a staggering loss of ₹90,00
Adani Group stocks, including heavyweights like Adani Enterprises, Adani Ports, Adani Energy Solutions, and Adani Green Energy, continued their downward spiral on Wednesday, extending losses from the previous session. The selling frenzy was triggered
Domestic brokerage firm Emkay Global is betting big on the fast-moving consumer goods (FMCG) sector, fueled by an anticipated rural revival in India. With an improving monsoon season and the Union Budget's potential pro-consumption initiatives, Emkay
Kolkata-based infrastructure giant GPT Infraprojects just scored a whopping ₹547 crore order from Rail Vikas Nigam Limited (RVNL). Investors rallied behind the news, sending GPT Infra's shares climbing to 6.95%% in early trading at 11:22 am on June
4th Jun 2024
The ownership structure and financial independence of clearing corporations are currently under review by an ad-hoc expert committee, chaired by former Deputy Governor of the Reserve Bank of India (RBI), Usha Thorat. A circular issued by the Secur
In a surprising twist, initial results indicating a narrow victory in the election led to a sharp decline in benchmark indices, increased volatility, and a rush of investors reducing their long positions on June 4. The Nifty dropped over 1,300 points
Even though the valuation of the Indian stock market is rising to premium levels, its stability and appealing medium- to long-term prospects are still secure. This is attributed to a combination of strong macroeconomic conditions, steady policy momen
The primary equity indices started Tuesday’s trading session on a down note, following the markets' best performance in three years on the previous day. Banks are facing significant pressure, with the Bank Nifty dropping more than 300 points. By
Shares of Adani Ports and Special Economic Zone (ASPEZ) are expected to continue rising on June 4, following Morgan Stanley's 'overweight' rating on the stock with a target price of ₹1,517 per share. This optimistic outlook follows the announcement
31st May 2024
Synopsis: Add-Shop ERetail Limited (ASRL) announced its quarterly results for March 2024 on 31st May. It reported a loss of ₹ 6.98 cr for Q4 FY2024. Its total revenue for Q4 FY2024 increased by 24.53% on a YOY basis reaching ₹ 58.38 cr. Qua
30th May 2024
Synopsis: Apollo Hospitals Enterprise Limited announced its quarterly results for March 2024 on 30th May after market hours. It reported a consolidated PAT of ₹ 258.40 cr for Q4 FY2024. Its consolidated total revenue for Q4 FY2024 increased by 1
Synopsis: Muthoot Finance Limited announced its quarterly results for March 2024 on 30th May. It reported a consolidated PAT of ₹288.77 cr for Q4 FY2024. Its consolidated total revenue for Q4 FY2024 increased by 12.83% on a YOY basis reaching
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