Stock Market
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Equity indices up in opening deals
New Delhi: Indian equity benchmark indices climbed in opening deals on Friday led by gains across all sectoral indices after a steep fall in the previous session and a consistent decline in…
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Opinion: The what and why of stock market crimes
By Prabhakar Kaza Fraud is never accidental. Much as most fraudsters have tried to convince the Press and the Judiciary, it is invariably pre-meditated. Above all, fraudsters know that it is their…
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Stock markets tumble after biggest interest rate hike in 22 yrs
London: Stock markets in Asia and America have tumbled after the US Federal Reserve this week announced the biggest interest rate hike in 22 years. The sell-off comes as worries intensified over…
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Rupee slumps 38 paise to 76.73 against US dollar in early trade
Mumbai: The rupee depreciated 38 paise to 76.73 against the US dollar in the opening trade on Friday, weighed down by unabated foreign fund outflows and firm crude oil prices. At the…
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Equity market awaits US Fed meet for fresh cues: Swastika Investmart
New Delhi: The equity market is likely to kick off next week on a sombre note after a sharp fall in the US market overnight and the focus will shift to the…
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Wipro’s net income rises 4% to Rs 30.9 bn in Q4
Bengaluru, April 29 (IANS) IT major Wipro announced its financial results for the fourth quarter of FY22 ended March 31 on Saturday. According to an official statement issued by the company, its gross…
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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…
