Macro fundamentals improving, but risk-reward unfavourable: BNP Paribas
Domestic macro fundamentals are improving, but slowing global demand and expensive valuations mean unfavourable risk-reward for equity investment, BNP Paribas has said in a note. “Defying…
Profitability of domestic broking companies calms after a strong FY22: ICRA
The profitability of the domestic broking industry fell to 34 per cent in Q1FY23 from 38 per cent in the similar period last year due to…
Are auto ancillaries a favorable bet as commodity costs ease?
Despite auto ancillary companies’ clocking strong revenues in the April-June quarter of FY23, margins were under pressure due to higher commodity costs and logistic snarls. However, with prices…
InterGlobe Aviation dips 5% on news of partial stake sale by Rakesh Gangwal
Shares of InterGlobe Aviation dropped 5 per cent to Rs 1,885 on the National Stock Exchange (NSE) in Thursday’s intra-day trade, after nearly 5 per cent of…
Sonata Software trades ex-date for 1:3 bonus; stock surges 12%
Shares of Sonata Software surged 12 per cent to Rs 602.10 on the BSE in Thursday’s intra-day trade. The stock of IT software & consulting company traded…
Gold, silver prices decline in early trade, silver selling at Rs 52,800/kg
Gold and silver prices declined in Thursday’s early trade with 10 gram of the yellow metal (24-carat) trading at Rs 50,620 after a fall of Rs…
Stocks to Watch: NDTV, Dr.Reddy’s, IndiGo, SBI, Zee, Consumer Firms
Stocks to Watch Today: The key benchmark indices seem poised to start on a positive note tracking smart gains in the US markets, even as fears…
Sebi imposes Rs 2 crore penalty on Rana Kapoor in AT1 bonds case
The Securities and Exchange Board of India (Sebi) on Friday imposed a penalty of Rs 2 crore on Rana Kapoor, former MD & CEO, Yes Bank…
Indices decline for 2nd day on growing rate hike fears, weak global markets
Benchmark BSE Sensex and Nifty ended lower on Wednesday after losses in rate-sensitive banking and auto shares amid weak global market trends as higher interest rate…
Govt asks Sebi to ease public shareholding norms for IDBI Bank: Report
The Centre has reached out to the market regulator, Securities and Exchange Board of India (Sebi), seeking a relaxation period of two years in the minimum public shareholding (MPS)…