It has been a consistent, upward journey of returns as the benchmark Nifty 50 has rallied 19.42% in the last six months. During the same period, the 30-stock BSE Sensex advanced the same registering gains of 19.40%. As the markets trade at all-time highs, market experts are given mixed reviews. Here are four stock recommendations [...]
The Uttar Pradesh government has signed an agreement with the US-based Austin University for the construction of a Smart City of Knowledge in the state, officials said here on Sunday. To be built on 5,000 acres of land at a cost of USD 42 billion, the Knowledge City will include the best universities of the [...]
Italian superbike maker Ducati on Monday said it will hike the prices of its entire range of motorcycles in India from January 1. The company, however, did not disclose the quantum of the hike. Ducati India announces an increase in price on its entire motorcycle range to be effective on ex-showroom price from January 1, [...]
Trade Brains Portal offers a massive year-end sale on its premium stock research platform of a 60% discount on the annual ‘Whale’ plan. Portal, the stock research and analytics platform by Trade Brains provides exclusive features like stock fundamentals, stock screener, stock comparison, superstar investor portfolios, heatmaps, and more. The premium subscription offers Advanced Portfolio [...]
Glenmark Pharmaceuticals Ltd on Monday said it has received final approval from the US health regulator for its generic nicardipine hydrochloride capsules used to treat high blood pressure and to control angina. The approval granted by the US Food & Drug Administration (USFDA) is for bicardipine hydrochloride capsules of strengths 20 mg and 30 mg, [...]
Equity benchmarks climbed in early trade on Monday, bouncing back after falling in the previous two trading sessions. The 30-share BSE benchmark Sensex advanced 127.48 points to 61,465.29 after a positive beginning. The broader NSE Nifty climbed 37.85 points to 18,306.85. From the Sensex pack, Power Grid, ITC, Bharti Airtel, Nestle, Bajaj Finserv, Bajaj Finance, [...]
Markets are likely to remain in the consolidative range due to a lack of triggers in the near term. Also, lower participation from institutional investors due to upcoming year-end holidays would keep the markets lackluster. On the sectoral front, sugar stocks are likely to remain in the limelight after the news is reported, the government [...]
Yes Bank has concluded assignment of the Rs 48,000-crore stressed asset loan portfolio of the bank to JC Flowers Asset Reconstruction company. The bank had earlier declared JC Flowers Asset Reconstruction Private Limited (JC Flowers ARC) as the winner of the Swiss Challenge process for sale of its identified portfolio of stressed assets. "The bank [...]
Experts say that September quarter earnings turned out to be better than market expectations. In fact, a few companies reported more than a 100% increase in their net profit and their sales grew by more than 50% on a year-on-year (YoY) basis. Here are four companies whose profits more than doubled YoY (increased by more [...]
IT company Tech Mahindra will sell its entire stake in its the Netherlands-based subsidiary Dynacommerce Holdings BV to its step-down subsidiary Comviva Netherlands for about Rs 58 crore, the company said in a regulatory filing. The agreement for the deal is expected to be signed during the first week of January 2023 and the transaction [...]
