Booking Financial News

Sensex scaling past 75,000 mark while the Nifty50 surged past 22,700 levels. The S&P BSE Sensex has rallied more than 20% in a year. Much of the rise seen in the market was supported by domestic institutional investors as well as retail investors. The Systematic Investment Plan (SIP) asset under management (AUM) was recorded at its highest ever at Rs 10,71,665.63 crore for March 2024, as compared to Rs 10,52,566.04 crore for February 2024.

Page Industries Ltd. traded at Rs 35482.0 on BSE at 11:16AM (IST) on Tuesday, up 0.57 per cent. The stock quoted a 52-week low price of Rs 33100.0 and a high of Rs 43599.0. Earlier in the day, the stock saw a gap down opening.

Colgate-Palmolive (India) Ltd. traded at Rs 2692.1 on BSE at 11:26AM (IST) on Tuesday, up 0.74 per cent. The stock quoted a 52-week low price of Rs 1520.3 and a high of Rs 2813.8. Earlier in the day, the stock saw a gap down opening.

An Instagram-famous magpie and dog duo have been reunited, after their separation became the subject of an Australian scandal.

Last week, the economics division at the ministry of finance in India invited Professor Mike Hulme at the University of Cambridge to share his views on climate change. In 2007, he received a personalized certificate from the Intergovernmental Panel on Climate Change (IPCC), recognising his contribution to the (joint) award of the 2007 Nobel Peace Prize to the IPCC. His recent work, Climate Change Isn’t Everything piqued my interest, and I read it.

Thelma The Unicorn, offering a glimpse into the colorful and enchanting world of a pony with big dreams. The animated film, based on the popular children's book, follows Thelma, a pony who dreams of showcasing her singing talent to the world. However, her dreams seem out of reach until a fortunate mishap transforms her into a unicorn. Trailer

Dune 3, stirring excitement among fans. Director Villeneuve recently disclosed that the upcoming installment, Dune 3, will draw inspiration from Frank Herbert's 1969 book, Dune Messiah.

Lynx Air says customer refunds are a big expense for the insolvent company thanks to an unco-operative contractor.

NEW DELHI : In an aggressive move to boost market share and strengthen its financial footing ahead of its initial public offering (IPO), Ola Electric has substantially reduced the price of its new S1X scooter, powered by a 2kWh battery, which it had announced in February. The price cut of ₹10,000, a 12.5% reduction from the original ₹80,000, brings the ex-showroom cost down to ₹70,000.

By Deepak Sood

Two non-bank lenders, Bajaj Finance and Shriram Finance, have recently hiked interest rates by up to 60 basis points (bps) on their fixed deposits (FDs) for various maturity tenures.

₹120 per share, with a face value of ₹10. 1,200 shares make up the IPO lot size for Grill Splendour Services Ltd. According to the prospectus, the company is a chain of upscale bakeries and patisserie with 17 retail locations, a centralised manufacturing plant, and a number of corporate clients.

NEW DELHI : Vodafone Idea expects its ₹18,000-crore follow-on public offer to have maximum subscription with the share of anchor investors being fully subscribed, even as India’s No. 3 telecom carrier began its roadshow for individual investors. “We’ve had an extensive roadshow with all international and domestic institutional investors.

Dr Ravi Singh, SVP - Retail Research, Religare Broking, sees Sensex breaching the 1 lakh mark in the next 5 years. In an interview, the expert believes that now is the time to book some profits considering the volatility we will be seeing in the coming time due to corporate results and Lok Sabha elections. He advised investors to allocate 40 percent of their portfolio to large-cap stocks for stability and 30 percent each to small and midcaps for alpha generation over a longer time horizon.

AU Small Finance Bank as its 'top pick of the week'. This is on the back of robust growth prospects, enhancements in Net Interest Margin (NIM), anticipated synergies from the merger with Fincare Small Finance Bank (SFB) to bolster Return on Assets (RoA), and the expectation of stable asset quality performance despite immediate challenges. The brokerage has a ‘buy’ call on the stock with a target price of ₹702, implying a potential upside of over 12 percent.

Max Healthcare Institute Ltd. traded 3.3 per cent down at Rs 840.75 on Monday at around 01:55PM (IST), while the benchmark BSE Sensex declined 608.04 points to 73636.86. As many as 34,094 shares changed hands on the counter with a total value of Rs 2.87 crore.

In the unlisted market, the company's shares are trading with a GMP of Rs 20. This compares with an offer price of Rs 80 apiece.

Bandhan Bank Ltd. traded at Rs 178.3 on BSE at 01:14PM (IST) on Monday, down 2.54 per cent. The stock quoted a 52-week low price of Rs 173.45 and a high of Rs 272.0. Earlier in the day, the stock saw a gap down opening.

K Krithivasan, CEO & MD and NG Subramaniam, COO, TCS, in conversation with ET Now. Krithivasan says: “This quarter we started talking about both AI plus generative AI pipeline, it is about 900 million for us. The revenue numbers, once it becomes material, we would start declaring that number also. But that revenue would be not only directly what you do using generative AI. So much work needs to happen in terms of getting the data ready, in terms of cloud migration as is required. Generative AI is going to have a long tail of other kinds of related work that needs to happen. Subramaniam says: “I would agree, except that one more thing I will add is that we are growth, efficiency, innovation or AI innovation, all happening at the same place, at the same time, and in a way that we are running a marathon and a sprint at the same time.” Is growth back? K Krithivasan: We have been looking at our TCV for the last four quarters. We have been reporting very impressive TCV and we believe that with this TCV, growth has to come back. But we do not know whether it will come in Q1 or Q2. I do not want to make that call. But overall, we believe FY25 would be a better year than FY24.

Havells India Ltd. fell 0.07 per cent to Rs 1509.0 in Monday's session as of 10:30AM (IST) even as the equity benchmark Sensex traded 531.08 points lower at 73713.82. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 1590.9 and a 52-week low of Rs 1174.35 on NSE. Around 12464 shares changed hands on the counter till 10:30AM (IST).

MphasiS Ltd. traded at Rs 2430.0 on BSE at 10:35AM (IST) on Monday, down 0.61 per cent. The stock quoted a 52-week low price of Rs 1660.65 and a high of Rs 2835.0. Earlier in the day, the stock saw a gap down opening.