Stock Market
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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…
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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…