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2 mins read

Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day

Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…

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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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3 mins read

Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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RBI retains inflation projection for FY25 at 4.5%

The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…

PTI   


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BofA slashes Tesla's stock price target, says weak demand will hurt unless the company cuts prices more

"We see it hard for the company to generate additional sales with its current product portfolio or …

Matthew Fox   


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4 mins read

Gold Rates Today (June 26, 2024): Latest Prices in Major Cities

Gold rate on Wednesday saw a decline across India. In Delhi, the price of 10 grams of 24-carat gold…

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4 mins read

Silver rate today (26th June 2024): Current Rates in Major Cities

Silver rate on Wednesday saw a noticeable decline across India. In Delhi, 1kg of silver would cost …

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2 mins read

RBI leaves key repo rate unchanged, focus on keeping inflation in check

The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…

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3 mins read

Stock market closing: Sensex crosses 80k, Kotak, HDFC and ICICI bank lead the rally

On the other hand, TCS lost 1.23%, Titan lost 1.11%, Reliance shed 0.68%, Tata Motors lost 0.41% an…

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GDP growth will moderate to 6.5% in FY25 on global headwinds: Axis Bank

India's real GDP growth will moderate to 6.5 per cent in FY25, mainly due to global headwinds, Axis…

PTI   


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Don’t need to raise more capital immediately, says Axis Bank’s CEO Amitabh Chaudhry

Axis Bank will not need to raise more capital after the Reserve Bank of India mandated banks to inc…

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3 mins read

Market closing : ICICI, HDFC and other private banks shine as Nifty, Sensex hit all-time high

​Amidst broad-based indices, Nifty midcap 50 and midcap 100 closed the day in red. Out of the 2,753…

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Market Morning: Except for FMCG, consumer durables, sectoral indices open in red

During early morning trade, IndusInd Bank, Cipla, Tata Steel, Adani Ports and and SBI lost signific…

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3 mins read

Sensex, Nifty scale fresh record high levels on robust FII inflows

Rallying for the sixth straight session, the 30-share BSE Sensex climbed 141.34 points or 0.18 per …

PTI   


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JPMorgan cuts its price target on Tesla stock, now sees 32% downside, after delivery miss highlights growth concerns

"We caution Tesla shares could fall much further still should the company not be successful in quic…

Matthew Fox   


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5 mins read

Gold Rate Today (May 17, 2024): Rates Across Major Indian Cities

On Friday, there was a noticeable decrease in gold rates across India. In Delhi, the current price …

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2 mins read

Markets decline in early trade on profit taking after record-breaking rally

The 30-share BSE Sensex declined 113.63 points to 76,376.45. The NSE Nifty dipped 29.6 points t…

PTI   


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4 mins read

Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender

During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…

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Broadcom is the next stock that could enter the trillion-dollar club, according to Bank of America

Broadcom surged on Thursday after posting estimate-beating revenue and announcing a stock split. Sh…

Filip De Mott   


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3 mins read

This multibagger midcap stock is a proxy play on India capex

Mumbai-based wire and cable company has been amongst the top gainers in the last few sessions, as t…