NEWS. Stock Market NEWS Updated Daily

NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

NEWS. Stock Market NEWS Updated Daily

Trent rises on reporting multi-fold jump in Q4 PAT

Trent rises on reporting multi-fold jump in Q4 PAT

Trent added 1.08% to rs 4,351.45 after retailer's consolidated net profit soared to rs 712.09 crore in q4 fy24 as compared with rs 44.95 crore posted in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-29

Nifty May futures trade at premium

Nifty May futures trade at premium

Nse india vix soared 11.99% to 12.24.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-29

Pound Speculators Turn Net Short

Pound Speculators Turn Net Short

Large currency speculators in the pound futures turned net short for first time in around 5 months, according to the latest commitment of traders (cot) data released by the commodity futures trading commission (cftc). the non-commercial futures contracts o
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-29

PNB Housing Finance consolidated net profit rises 57.28% in the March 2024 quarter

PNB Housing Finance consolidated net profit rises 57.28% in the March 2024 quarter

Sales rise 10.65% to rs 1809.95 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-29

PNB Housing rises as Q4 PAT climbs 57% YoY to Rs 439 cr

PNB Housing rises as Q4 PAT climbs 57% YoY to Rs 439 cr

Pnb housing finance advanced 1.93% to rs 800.90 after the company's consolidated net profit jumped 57.28% to rs 439.25 crore in q4 fy24 as against rs 279.28 crore reported in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-29

Hong Kong Market marks sixth days win

Hong Kong Market marks sixth days win

At closing bell, the benchmark hang seng index climbed up 95.76 points, or 0.54%, to 17,746.91. the hang seng china enterprises index added 13.10 points, or 0.21%, to 6,282.86.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-29

UltraTech Cement gains as Q4 PAT jumps 36% YoY to Rs 2,258 cr

UltraTech Cement gains as Q4 PAT jumps 36% YoY to Rs 2,258 cr

Ultratech cement added 2.96% to rs 9987.70 after the company's consolidated net profit surged 35.55% to rs 2,258.12 crore on 9.41% increase in revenue from operation to rs 20,418.94 crore in q4 fy24 over q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-29

Quick Wrap: Nifty PSU Bank Index gains 2.56%

Quick Wrap: Nifty PSU Bank Index gains 2.56%

Powered by capital market - live news
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-29

Gold holds steady as investors await US data for more Federal Reserve clues

Spot gold was unchanged at ,338.08 per ounce by 0932 gmt, holding slightly above its 21-day moving average of ,336
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-29

Tata Chemicals Q4 results: Net loss at Rs 850 cr on low soda ash demand

It reported a consolidated net loss of rs 850 crore (1.9 million) in the quarter ended march 31, compared to a profit of rs 709 crore year ago
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Chennai Petroleum sees two-year delay in building 180,000 bpd refinery

The company recently changed the capital structure of the joint venture building the project, with its parent company indian oil corp controlling a 75% stake and chennai petroleum the remainder
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Birlasoft Q4 results: Profit rises 60% to Rs 180 cr, revenue up 11%

It company birlasoft on monday reported a 60.55 per cent increase in consolidated net profit to rs 180.08 crore during the march quarter. the company had recorded a net profit of rs 112.16 crore in the year-ago period. the pune-based company's revenue from
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Aurum PropTech loss widens to Rs 55 cr in FY24, income up 68% at Rs 233 cr

Aurum proptech ltd on monday reported a consolidated net loss of rs 55.75 crore during the last financial year despite higher revenue. the company had posted a net loss of rs 28.69 crore in the preceding year. total income rose to rs 233.07 crore in 2023-2
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Nestle India to focus on driving volume growth going forward: CMD Narayanan

Fmcg major nestle india will focus on volume growth going forward, in a market which is "still impacted by inflation", to be in the top quartile performance, company chairman and managing director suresh narayanan said on monday. the company, which will op
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Ola Cabs CEO Hemant Bakshi resigns; company to lay off 10% employees

Hemant bakshi's exit coincides with company's impending restructuring efforts, poised to impact at least 10 per cent of the workforce
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

IndiGo airline appoints former Volotea COO as 'Chief of Transformation'

In june 2023, indigo placed the world's largest aircraft order, securing 500 a320neo family planes from airbus
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Manipal Hospitals acquires 87% stake in hospital chain Medica Synergie

Manipal hospitals on monday said it has acquired an 87 per cent stake in kolkata-based hospital chain medica synergie for an undisclosed amount. the hospital chain has inked a binding agreement to acquire 87 per cent stake in medica, a statement said. the
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Trent Q4 results: Profit sees multi-fold jump at Rs 712 cr, sales up 51%

Tata group's retail arm trent ltd on monday reported a multi-fold increase in consolidated net profit at rs 712.09 crore for the fourth quarter ended march 2024, helped by exceptional item gains. the company had posted a consolidated net profit of rs 44.95
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

US regulator opens probe into Ford's hands-free driving tech BlueCruise

The investigation will evaluate the system's performance on the dynamic driving task and driver monitoring, the nhtsa said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

NTPC Group's installed power generation capacity crosses 76 GW milestone

State-owned power giant ntpc group's installed power generation capacity has crossed the 76 gw-mark with commissioning of a 57-mw solar power energy capacity in rajasthan. "consequent upon successful commissioning and due approvals, first part capacity of
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

PNB Housing Finance Q4FY24 results: Net profit rises 57% to Rs 444 crore

Total income during the quarter rose to rs 1,806 crore from rs 1,628 crore in the same quarter of the previous fiscal, pnb housing finance said in a regulatory filing
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

FinMin studying HC order on PSBs' look out circulars for wilful defaulters

The finance ministry is studying the recent bombay high court order banning public sector banks from seeking the issuance of look out circulars, or locs, against wilful defaulters, sources said. quashing the powers granted by the union government to public
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Jio Financial set to hire Standard Chartered's head Kusal Roy as unit CEO

Jio financial services ltd has been actively recruiting talent as part of its expansion effort
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Infant food formulated globally, stereotype charges unfortunate: Nestle

Nestle india chairman & managing director suresh narayanan on monday asserted that the company's infant food formulation for children below 18 months is done on a global basis and the allegation that "it is racially stereotyped is unfortunate" and untrue.
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

UltraTech Cement Q4 results: PAT up 35% at Rs 2,258 cr, revenue rises 9%

Ultratech cement announced an interim dividend of rs 70 per share
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

PayU invests million in cross-border payments start-up BRISKPE

Briskpe will use the funding to improve its product and service offerings, expand its team, and scale its services
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Tata Motors partners with South Indian Bank for commercial vehicle finance

Tata motors on monday said it has tied up with south indian bank to offer financing solutions to its commercial vehicle customers and dealerships. as part of the memorandum of understanding (mou), south indian bank will offer financing solutions across the
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Govt to take decision on Hindustan Zinc OFS after testing mkt: Mines secy

The government is committed to offloading its stake in vedanta group firm hindustan zinc through offer for sale (ofs) and will take the decision on this after testing the market, mines secretary v l kantha rao said on monday. the government, the largest mi
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

AU Small Finance Bank eligible for universal banking licence application

Au small finance bank has recorded profits for the previous two fiscal years, and maintained gross and net non-performing assets below 3% and 1%, respectively, as mandated by the rbi
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Glenmark Pharma receives USFDA nod for generic anti-inflammatory drug

Glenmark pharmaceuticals on monday said it has received approval from the us health regulator to sell a generic version of anti-inflammatory drug in the american market. the company has received approval from the us food and drug administration (usfda) fo
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

In 6 months, US rejected nearly one-third of MDH's spice-related shipments

Refusal rate over salmonella contamination doubles. when ingested, salmonella can lead to a severe stomach infection affecting the intestinal tract if food is not adequately cooked
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Go First revival chance fades as HC allows lessors to reclaim 54 aircraft

The delhi high court instructed the directorate general of civil aviation (dgca) to proceed with deregistering and surrendering all 54 aircraft to the lessors
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Azim Premji's family office to invest more money in AI to prop bn fund

Premjiinvest, the largest indian family office that manages over billion for software tycoon azim premji, will invest more money into ai companies while fine-tuning its ai investment tools
Tag: Company India    Source: business-standard.com   Dated: 2024-04-29

Nepal finance ministry releases handbook for prospective Indian investors

Nepal finance minister barsha man pun on monday released a handbook for indian investors keen on exploring more business opportunities in the himalayan nation. published by the nepal india chamber of commerce and industries (nicci), the handbook released o
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

FinMin studying HC order on PSBs' look out circulars for wilful defaulters

The finance ministry is studying the recent bombay high court order banning public sector banks from seeking the issuance of look out circulars, or locs, against wilful defaulters, sources said. quashing the powers granted by the union government to public
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

Every Rs 1,000 lost to fraud in India costs firms Rs 4,000: LexisNexis

Fraud has increased for 54% of indian organisations year-on-year, according to lexisnexis true cost of fraud study - asia pacific
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

Rental market heats up: Bengaluru tops cities with highest yield of 4.45%

Rental yield refers to the annual return on investment (roi) that a property owner earns from the rent they receive. it's essentially a way to measure the profitability of an investment property.
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

May 1 will be a bank holiday: Full list of bank holidays in May 2024

According to the reserve bank of india (rbi) holiday list, on may 1, 2024, bank operations will remain suspended in major cities due to may day
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

Only 11% women investors have portfolio size upwards of Rs 5 lakh: survey

The top five states from where women traders come are maharashtra (22.38%), andhra pradesh (10.68%), karnataka (7.65%), uttar pradesh (6.43%) and kerala (5.78%).
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

Cash still king? Rs 1.4 cr is monthly average ATM cash withdrawals in FY24

In terms of absolute withdrawals per atm, karnataka saw the highest annual average withdrawal of rs 1.83 crore during fy24, followed by delhi at rs 1.82 crore
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

Paying utility bills with credit card to become less attractive from 1 May

From may 1, 2024, yes bank and idfc first bank credit card customers will have to pay a higher amount as fees for paying utility bills
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

2,000 ghost customers: How a Rs 150 cr loan fraud unfolded in Mizoram

Mizoram dgp anil shukla said the scam, involving five local car dealers, operated over four years
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

Cheaper air fares? New DGCA guideline to make flying more affordable

The new dgca guidelines require airlines to offer these services as "opt-in" options. this means the base fare will not automatically include these charges, and passengers can choose to add them on on
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

How much tax do you have pay on earnings from online gaming, TV shows?

Participants of shows like kbc or players of dream11 should note that their winnings are taxable
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

Rupee depreciates 5 paise to 83.43 against US dollar in early trade

The rupee depreciated 5 paise to 83.43 against the us dollar in early trade on monday amid a strong american currency overseas and withdrawal of foreign funds from domestic equity markets. however, positive sentiment in the domestic equity markets and retr
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

Over 5.2 mn medical malpractice cases filed in India annually, shows data

A study from the indian journal of medical ethics reveals that only 46% of healthcare providers comply with ethical guidelines
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

RBI's tight grip on Rupee boosts its allure for carry trades: Fidelity

The rupee rewards investors with a high yield than regional peers, and together with low volatility, makes it arguably one of the most attractive currencies on the planet, paul greer said in interview
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-29

6 bank stocks clock negative returns in 2024 so far despite Nifty Bank’s new peak

5 stocks from the pack have given negative returns this year so far.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

PNB Housing Finance Q4 Results: Profit zooms 57% on steady demand for home loans

India's pnb housing finance reported a 57% rise in fourth-quarter profit on monday, helped by steady demand for home loans and a decline in bad loans.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Technical Breakout Stocks: How to trade Supreme Industries, Aegis Logistics and ICICI Bank on Tuesday

The sensex rose over 900 points while the nifty50 closed with gains of over 200 points. sectoraly, buying was seen in utilities, public sector and banks while realty stocks saw some selling pressure.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Jana Small Finance Bank Q4 Results: Net profit doubles to Rs 167 crore

The net profit however comes to rs 344 crore, reflecting a four-fold jump, if the deferred tax assets of rs 170 crore is included.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Embassy REIT’s unitholders approve fundraise of up to Rs 3,000 crore through QIP

The resolutions passed will help embassy reit to fund the acquisition and will also help the reit to optimize its balance sheet for future growth
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Tech View: Nifty forms long bull candle. What traders should do on Tuesday

Nifty's short-term uptrend seems to have resumed after one day of weakness. the next upside levels to be watched are around 22,800-22,900. immediate support is at 22,500, said nagaraj shetti of hdfc securities.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

RIL, Bajaj Finance among 5 stocks with top short covering

Short covering signals a shift in view on a security from extreme bearishness to bullishness.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Stock market update: Mining stocks down as market rises

The 30-share bse sensex closed up 941.12 points at 74671.28
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Stock market update: Stocks that hit 52-week highs on NSE in today's trade

Archidply ind, supreme ind., lloyds steels, aegis logistics and smc global secur, hit their fresh 52-week highs during the day.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Ambuja Cements, Exide Industries among 5 stocks with top long unwinding


Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Stock market update: FMCG stocks up as market rises

The 30-share bse sensex closed up 941.12 points at 74671.28
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Gainers & Losers: ICICI Bank, HCL Tech among 6 stocks that were in spotlight today

For the last image i.e the first slide
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

Stock market update: Fertilisers stocks mixed as market rises

The 30-share bse sensex closed up 941.12 points at 74671.28
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-29

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