Stock Market
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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…
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SRF more than doubles investors money in FY22, shares up 132%
New Delhi: Those who invested in specialty chemical maker SRF’s shares bagged robust returns in the past 12 months. Founded in 1970, the Gurugram-headquartered company is a multi-business chemicals conglomerate engaged in…
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BSE M-cap rises Rs 3.81 lakh cr on first session of FY23
New Delhi: Total market capitalisation of stocks listed on the Bombay Stock Exchange (BSE) rose by 3.81 lakh crore on Friday – the first day of the fiscal year FY23, data showed.…
