[ad_1] George Alexander Muthoot, Managing Director of Muthoot Finance, on August 23 said that the initial public offering (IPO) of its subsidiary Belstar Microfinance is expected within the next year. Though the IPO is on the cards, Muthoot noted that there is no immediate rush as Belstar is a full-owned subsidiary of Muthoot Finance, which […]
Axis MF says India’s economy, indices and earnings may be hit by US recession due to high export dependence – CNBC TV18
[ad_1] The growth of a part of the Indian economy, indices and its earnings depends on the US because most of the country’s exports are currently to the US. Therefore, that part definitely will have some impact if there is a recession or sharp slowdown in the US markets, says Shreyash Devalkar, Head-Equity at Axis […]
Sensex today | Stock Market LIVE Updates: Nifty faces a hurdle at 24,400 ahead of RBI policy; Global cues weak
[ad_1] Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 780.8 points away from its last week’s record high of 25,078.30. The two key events that will determine the market’s move today are – the RBI MPC decision and weekly options expiry of the Nifty. Stocks such as Apollo Tyres, […]
Stock Market LIVE Updates | GIFT Nifty points to a rebound for Sensex, Nifty; Asian indices, US futures surge
[ad_1] Stock Market LIVE Updates | Nifty 50 ended the previous trade session 1,022.7 points away from its last week’s record high of 25,078.30. Overnight, US markets too extended their losses. Dow Jones fell more than 1,000 points while the S&P was down over 3%, recording their worst day since September 2022. However, post-trade, US […]
Amara Raja Energy Q1 profit up 26% to ₹249 crore – CNBC TV18
[ad_1] Amara Raja Energy & Mobility (ARE&M) has posted about 26% rise in consolidated net profit at ₹249.12 crore for the June quarter FY25. It had reported a net profit of ₹198.31 crore for the April-June period of 2023-24, the company said in an exchange filing on Saturday. Revenue from operations rose to ₹3,263.05 crore […]
Stock Market LIVE Updates | Nifty looks to arrest downtrend on July series expiry; Global cues weak
[ad_1] Stock Market LIVE Updates | Nifty 50 ended the previous trade session 441.3 points away from its recent record high of 24,854.80. L&T, SBI Life, Axis Bank, JSPL, IEX, Sona BLW, Karnataka Bank, DCB Bank, are among the stocks reacting to their earnings today. Nestle India, Adani Green Energy, Canara Bank, Adani Energy Solutions, […]