Booking Financial News

18.07 / 08:13

UPS Provident Target Booking NIFTY TCS Time Jay Thakkar on why time is right to go for Wipro and ICICI Bank

Jay Thakkar, Vice President & Head of Alternate Research, Sharekhan, says that in the case of Wipro,“the momentum indicators on the weekly and daily charts have come into the buy mode very clearly. So Rs 435 would be my target on Wipro, Rs 404 will be the stop-loss. The risk reward is absolutely in favour of the bulls.”In the last 15-20 minutes of trade, most of the indices have reversed. Are we witnessing some reasonable correction or will this be a shallow one?As far as the Nifty is concerned, for this weekly expiry, the range can be 19,800 to 19,500.

18.07 / 08:13

UPS Lowe's Booking NIFTY fall United Spirits shares fall 1.37 per cent in Tuesday's trading session

United Spirits Ltd. fell 1.37 per cent to Rs 958.3 in Tuesday's trade as of 01:27PM (IST) even as the benchmark Nifty ruled at 19737.15, up 25.7 points. The scrip had closed at Rs 971.6 in the previous session.

18.07 / 08:13

UPS Lowe's Booking NIFTY fall ACC shares fall 0.92 per cent in Tuesday's trading session

ACC Ltd. fell 0.92 per cent to Rs 1794.95 in Tuesday's trade as of 01:33PM (IST) even as the benchmark Nifty ruled at 19721.35, up 9.9 points. The scrip had closed at Rs 1811.45 in the previous session.

18.07 / 06:07

UPS Provident Target Booking TCS share price LTIMindtree share price drops 4% on soft Q1 results, but most brokerages remain optimistic; here's why

BSE on Tuesday (July 18) a day after the company reported a weaker-than-expected April-June quarter (Q1FY24) results. The stock opened at ₹5,036.05 against its previous close of ₹5,133.95 and soon dropped 3.7 per cent to the level of ₹4,944.65. The IT player reported a net profit of ₹1,151 crore for Q1FY24 which was up 4 per cent year-on-year (YoY).

18.07 / 03:31

IPO Booking CEO FedFina IPO: Federal Bank revives issue plans

Federal Bank, has revived plans of raising funds through an initial public offering (IPO). In a BSE filing on Monday (July 17), Federal Bank announced that the board of directors of FedFina proposed an initial public offering at its meeting held on July 17, 2023. The IPO will be undertaken by way of fresh issues and offer for sale (OFS), subject to market conditions and receipt of applicable approvals including that of the Securities and Exchange Board of India (SEBI) and other considerations.

18.07 / 01:59

UPS FIVE Booking Manufacturing NIFTY valuations Midcaps and small caps valuations are a bit overstretched: Sachin Shah

«I think the trend for the Q1 will also be decent and the capex cycle seems to be very strong,» says Sachin Shah, Emkay Investment Managers.We are actually just in the phase of the denial. Markets are just chugging along almost 19,650. Which side of the camp are you? Are you getting into a frothy zone now or are you on the camp that the rally may not stall in a hurry this time and even if it does, the correction would be much more shallower because they come on strong fundamental factors. Yes, markets have been going up against most of the people's expectations, but I am sure it is a pleasant surprise for everyone.

18.07 / 01:59

UPS Digital Booking AXY NIFTY Time Is it the right time to buy HDFC Bank? Gurmeet Chadha answers

«The key to watch for bank in my view is that two things — how can they ramp up the liability growth which they have been doing, so last year they did 21% liability growth which is what is needed,» says Gurmeet Chadha, Complete Circle Consultants.Your sense as far as the HDFC numbers are concerned. The profitability is quite decent at Rs 11,950 crore, NII in line at Rs 23,600 crores though there is a slight deterioration when it comes to the asset quality.I think one word steady.

18.07 / 01:55

Booking Career Strategy Matthews After the death of its famous founder, Mushroom music launches new spin-off

Matthew Gudinski has launched his first new business since the 2021 death of his father and Mushroom Group founder Michael, creating the first gig booking agency to be majority-owned by his famous family.

17.07 / 22:55

UPS Booking Ripple XRP SEC Attorney Deaton Predicts Judge Torres' Rejection of SEC Appeal Request

Speculations and discussions around the Ripple versus SEC lawsuit continue even after the fintech company secured a victory in recently-released summary judgment.

17.07 / 22:53

Provident Booking CEO Several top editors at Penguin Random House accept buyout offers

Some of publishing’s most celebrated and enduring editors are leaving their posts at Penguin Random House after accepting buyout packages

17.07 / 19:53

Booking HDFC Bank profit jumps 30% on lower provisions

MUMBAI : HDFC Bank Ltd, India’s largest private sector lender, reported a 30% increase in net profit driven by lower provisions for loan losses and increased other income. The bank’s first-quarter results, however, do not include the earnings of the merged entity, as the merger between HDFC Bank Ltd and its parent company, Housing Development Finance Corp. Ltd (HDFC), took effect on 1 July.

17.07 / 19:43

UPS Provident Booking Amazon Platform Matthews Red, White & Royal Blue release date, streaming platform, key details

Red, White & Royal Blue". This romantic comedy boasts an ensemble cast and is helmed by director Matthew Lopez, renowned for his Tony Award-winning play, The Inheritance, in 2018. In essence, the story revolves around the clash between the son of a US president and the prince of Britain, with a captivating romantic twist, of course.

17.07 / 19:33

UPS Booking SUN Tomi Lahren argues Taylor Swift is 'better qualified' to run US economy than Biden

OutKick host Tomi Lahren discusses a former movie executive warning of a Hollywood collapse, the impact of A.I. on the industry and Taylor Swift's tour boosting the U.S. economy.

17.07 / 18:53

COST Lowe's Booking place Why shadow banks have a place despite HDFC, in 5 charts

₹500 crore, which it considers ‘systemically important’. This category includes several large government-backed companies (such as Power Finance Corporation), which account for 45% of assets in this category. Their government-owned status means they can raise funds at a lower cost, thus pulling down the cost of funds for the NBFC sector as a whole.

17.07 / 16:45

UPS Booking Discover Melanie Sykes opens up about her Tourette Syndrome diagnosis, says ‘I am wired a completely different way’

Melanie Sykes has been diagnosed with Tourette's syndrome, after her earlier diagnosis of autism. The English TV presenter is a mother of two. Sykes recently revealed about her Tourette Syndrome’s diagnosis in her friend Alan Carr's podcast. She also spoke about being autistic. Melanie has written about her condition in her book ‘Illuminated: Autism and all the Things I've Left Unsaid’.

17.07 / 16:07

COST Booking IndusInd Bank Q1 Preview: PAT may rise 29% YoY on strong loan book, stable asset quality

IndusInd Bank is seen reporting strong double-digit growth in net profit for the quarter ended June on the back of a healthy loan book, lower provision, stable asset quality and profitability. According to an ET Now poll, the net profit is seen rising nearly 29% year-on-year (YoY) to Rs 2,100 crore. Net interest income — the difference between interest earned and interest expended — is expected to grow about 18% YoY to Rs 4,850 crore.

17.07 / 16:07

Target Booking Action Remark Highways Manipur : Normal life affected due to shutdown; women protesters stopped from marching to CM's house

security forces. Normal life was affected in several areas in Manipur following the shutdown called by the different organisations. The Manipur government has urged the people not to make any hate speech and express any matter targeting any individual and community which might create ethnic or law and order problems.

17.07 / 14:49

Booking NFR opens Khongsang station for movement of essential items to Manipur

Khongsang station in Manipur for loading and unloading purposes to facilitate supply of essential goods to the violence-hit state. In a statement, NFR chief public relations officer Sabyasachi De said in view of the prevailing law and order situation in Manipur, movement of essential items to the state had been completely cut off. «With the co-operation of the state government, NFR is taking initiatives to transport essential commodities and food items to Manipur.

17.07 / 14:15

Provident Booking Waters Delhi floods: Affected school students can attend classes without books, uniforms temporarily

Directorate of Education (DoE) circular said. «They are directed to allow these students to attend the school even without uniform and textbooks until new sets of uniform and textbooks are arranged,» it said.

17.07 / 13:27

MET Digital Booking Action Align The joys of being a ‘people’s star’: Adah Sharma, leading lady of ‘The Kerala Story’, attributes movie’s success to the word of mouth effect at the grassroots

Adah Sharma is on a roll. Her recent venture, ‘The Kerala Story’, has had a phenomenal run at the box-office. With a collection of more than Rs 300 crore (worldwide), the movie is currently the highest-grossing female-led film, surpassing Alia Bhatt’s ‘Raazi’ and ‘Gangubai Kathiawadi’ and Kangana Ranaut’s ‘Tanu Weds Manu’ series.

17.07 / 13:17

UPS Booking Amazon Banner Divorce Parties Are a New Hot Invite. ‘It Sort of Ended Up as a Really Fun Funer

After Brandi Stellers finalized her divorce, she invited close friends to a soiree in May. She mixed signature cocktails, hung a “Bye Felicia" banner and handed out fake rose petals to toss in the air. Party decorations included a photo of a pair of penguins, torn down the middle.

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