Stock Market
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Equities keep early gains intact, settle in green
New Delhi: Keeping the morning session gains intact, the Indian equity benchmarks settled Thursday’s trade on a positive note. On Thursday, Sensex settled at 57,521 points, up 702 points or 1.2 per…
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ICICI Bank Q4FY22 net profit at Rs 7,019, up 59% YoY
New Delhi: Private lender ICICI Bank on Saturday reported its profit after tax during Q4FY22 at Rs 7,019 crore, up 59.4 percent year-on-year from the same quarter last fiscal. The net interest…
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Markets close on a negative note
Mumbai: Indian stock markets closed on a negative note on Friday. The BSE’s 30-scrip Sensex closed at 57,197.15 points, down by 714.53 points or 1.23 per cent. It opened at 57,531.95 points…
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Equity indices settle high for second straight day
New Delhi: Indian equity benchmark indices settled in the green for the second consecutive day on Thursday due to buying at lower levels post the recent five session losses in a row.…
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Rupee darts up 20 paise to 76.30 against US dollar
Mumbai: Snapping its four-day losing streak, the rupee appreciated by 20 paise to settle at 76.30 against the US dollar on Wednesday, tracking a weak greenback overseas and recovery in domestic equities.…
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Equity indices plunge sharply, Sensex down 1,122 points
New Delhi: Continuing with their downtrend from the opening session, India’s benchmark equity indices settled sharply lower on Monday as surge in inflation dented investors’ sentiment. The Consumer Price Index, or retail…
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HDFC Bank’s Q4FY22 net profit up 22.8% YoY
Mumbai: Lending major HDFC Bank on Saturday reported a year-on-year rise of 22.8 percent in net profit for the fourth quarter of FY22 ended March 31. The bank’s net profit increased to…
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Infosys’ Q4FY22 net profit up 12% YoY to Rs 5,686 crore
New Delhi: IT services company Infosys on Wednesday reported a 12 percent year-on-year rise in consolidated net profit at Rs 5,686 crore during Q4FY22. In the same period last year, the net…
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Equity indices open positive despite high inflation in March
New Delhi: Indian benchmark equity indices opened on a positive note despite inflation print for March coming more than market expectations. Retail inflation for March came at 6.95 per cent, which has…
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Rupee falls 24 paise to close at 76.15 against US dollar
Mumbai: The rupee fell 24 paise to close at 76.15 against the US dollar on Tuesday, tracking strong American currency in the overseas market and a negative trend in domestic equities. Forex…
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Shares of Adani Group cos surge after $2 bn foreign investments
New Delhi: Shares of Adani Green Energy, Adani Transmission, and Adani Enterprises surged on Monday on an otherwise broader market. Adani Green Energy shares were locked in the 20 per cent upper…
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Equity indices settle low, HDFC twins share decline
New Delhi: Continuing with early session losses, the benchmark indices — Sensex and Nifty – settled Wednesday’s session in the red due to continued profit booking by investors. Also, the benchmark indices…
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Equities extend losses; MPC meet in focus for fresh cues
New Delhi: The benchmark indices — Sensex and Nifty — extended their losses for the second consecutive session on Wednesday primarily due to profit booking after a consistent rally in recent sessions.…
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Return of FIIs: Valuations attract foreign capital after 6-month hiatus
Mumbai: Attractive valuations, as well as a downward correction in commodity prices, have triggered an inflow of FII funds into India’s equity market. The market has seen an inflow of over Rs…
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Rupee surges 21 paise to 75.53 against US dollar
Mumbai: Starting the financial year 2022-23 on a bullish note, the rupee spurted 21 paise to close at a one month-high of 75.53 against the US dollar on Monday, supported by a…