Recommendations Financial News
10.05 / 02:41
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Stocks to watch: TaMo, Eicher, Brigade, Abbott, Stylam, Mahanagar Gas, ABB India
Tata Motors: The vehicle manufacturer is set to announce its Q4 results on May 10, with expectations of strong results due to volume growth, improved performance of its British unit JLR, and favourable commodity prices. The company's consolidated net profit is projected to rise by 33% to ₹7,084 crore, and revenue is likely to increase by 15% to ₹1.22 lakh crore. The growth is attributed to expansion in JLR and positive growth in India's PV and CV divisions.
10.05 / 02:33
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Indian stock market: 7 key things that changed for market overnight - Gift Nifty, BoE policy to US jobless claims
Motilal Oswal Financial Services Ltd. Here are key global market cues for Sensex today: Asian markets traded higher on Friday tracking overnight gains on Wall Street amid renewed rate cut hopes. Japan’s Nikkei 225 rallied 1.52%, while the Topix gained 1.22%.
10.05 / 02:33
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Stock market today: Trade setup for Nifty 50 to India VIX, five stocks to buy or sell on Friday — May 10
Stock market today: Following weak global sentiments, the Indian stock market ended lower for the fifth straight session on Thursday. The Nifty 50 index crashed 345 points and closed below the 22,000 mark at 21,957. The BSE Sensex tanked 1062 points and finished at 72,404, while the Bank Nifty index, which tracks the performance of the banking sector, nosedived 533 points and ended at a 47,487 level.
10.05 / 02:33
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — May 10
Buy or sell stocks for today: Following weak global sentiments, the Indian stock market ended lower for the fifth straight session on Thursday. The Nifty 50 index, which represents the performance of the top 50 companies listed on the National Stock Exchange (NSE), crashed 345 points and closed below the 22,000 mark at 21,957. The BSE Sensex, the benchmark index of the Bombay Stock Exchange (BSE), tanked 1062 points and finished at 72,404, while the Bank Nifty index, which tracks the performance of the banking sector, nosedived 533 points and ended at a 47,487 level.
10.05 / 02:33
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Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 10
Sensex tanked 1,062.22 points, or 1.45%, to end at 72,404.17, while the Nifty 50 settled 345.00 points, or 1.55%, lower at 21,957.50. Nifty 50 formed a long negative candle on the daily chart, which is reflecting a sharp downside momentum in the market.
09.05 / 21:53
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Updates
Tata Power Q4 Results Live : profit rise by 15.11% YOY
₹2.71 for Q4 which increased by 11.33% Y-o-Y. Tata Power has delivered -3.16% return in the last 1 week, 70.64% return in the last 6 months and 30.98% YTD return.
09.05 / 21:53
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Updates
Hero Motocorp Q4 Results Live : profit rise by 16.13% YOY
₹46.7 for Q4 which increased by 16.03% Y-o-Y. Hero Motocorp has delivered 1.56% return in the last 1 week, 48.1% return in the last 6 months and 12.06% YTD return.
09.05 / 21:53
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Updates
Westlife Development Q4 Results Live : profit falls by 96.2% YOY
₹0.05 for Q4 which decreased by 96.11% Y-o-Y. Westlife Development has delivered 2.21% return in the last 1 week, 6.4% return in the last 6 months, and 6.1% YTD return.
09.05 / 21:53
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Bharat Forge Q4 Results Live : profit rise by 74.01% YOY
₹5.21, showing a 47.15% Y-o-Y increase. Bharat Forge delivered returns of 10.54% in the last 1 week, 35.89% in the last 6 months, and 13.47% YTD.
09.05 / 21:53
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Updates
TVS Motor Co Q4 Results Live : profit rise by 15.14% YOY
₹8.15 for Q4 which increased by 15.16% Y-o-Y. TVS Motor Co has delivered -3.08% return in the last 1 week, 21.23% return in the last 6 months, and -1.44% YTD return.
09.05 / 21:53
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Piramal Enterprises Q4 results : profit at ₹137.09Cr, Revenue increased by 1.36% YoY
₹137.09 crore. It is a significant improvement compared to the loss of ₹195.87 crore in the same period last fiscal year.
09.05 / 20:47
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How to turn a supermarket bouquet into a lusher, more personalized flower arrangement
If your heart is telling you to give a luxurious bouquet of flowers, but your wallet is saying shop at the supermarket, fear not
09.05 / 19:13
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chess
Modi 3.0 aims at 50-70 goals for 100-day agenda, final meetings on
Modi 3.0 governance plan, beginning with the first 100 days agenda, is expected to include 50 to 70 important goals and recommendations to establish the tone and intent of the new government. These will be arranged in order of significance and priority. While the list now stands at 75-80 goals and proposals, the intention is to reduce it to 50, sources in the know said. With the Lok Sabha 2024 result less than a month away, the government is in the final stages of drafting a new governing agenda for the next term. This will contain the first 100 days of planning, as well as midterm and long-term goals.
09.05 / 19:13
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Coal Allocation Scam: Special court frames charges against Ex-MP Vijay Darda, his son and industrialist Manoj Jayaswal
court earlier this week framed charges against former Rajya Sabha member Vijay Darda, his son Devendra Darda, industrialist Manoj Jayaswal and others under relevant sections of Prevention of Money Laundering Act (PMLA) in connection with a coal allocation scandal. The court also framed charges against AMR Iron and Steel, Asera Banka Power and Abhishek Jayaswal under Section 3 and 4 of PMLA. The court, however, discharged 15 of the total 21 co-accused in the case, finding no evidence to charge them. Of the 15 discharged, seven are Kolkata-based alleged shell companies controlled by a chartered accountant through six of his employees who were made directors in the alleged shell companies.
09.05 / 13:57
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How does a pre-approved loan influence your CIBIL score? MintGenie explains
loan pre-approval does not influence your CIBIL score in any significant way. Let us understand what is a soft inquiry. When you apply for loan pre-approval, the bank may conduct a soft inquiry on your credit report to evaluate your creditworthiness.
09.05 / 13:49
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Investigations
Indian food regulator to review the points of entry for food imports as it tightens the screws on shipments
Mint. “It has been decided to notify authorized officers at only 155 specified points of entry for food imports clearance till further orders," Rao added. Queries sent to the FSSAI spokesperson were not answered immediately.
09.05 / 13:49
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5 Demat Accounts in India to Explore
HDFC Sky by HDFC Securities: HDFC Sky by HDFC Securities emerges as a premier provider of Demat accounts, renowned for its seamless and hassle-free account opening procedure. Investors can avail themselves of a complimentary trading and Demat account with zero account opening charges and access daily trade recommendations covering technical, fundamental, and trading strategies. With a Share market app at their disposal, investors can trade and invest in over 3500+ listed companies and 100+ ETFs, all at a competitive rate of just ₹20 per order for Intraday and Delivery across Equity, F&O, Currency, and Commodity segments.
09.05 / 13:37
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Zee to announce Q4 earnings, likely dividend payout on May 17
Zee Entertainment Enterprises will meet on May 17, Friday, to consider and approve the company's financial results for the quarter and year ended March 31, 2024. It is also likely to recommend the payment of equity dividend for the financial year 2023-24. The company announced the development after market hours on Thursday. The stock ended at Rs 132.40 on the NSE, down 1.49%.
09.05 / 11:39
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Peel Hunt: All British firms should be included in the GB ISA regardless of incorporation address
In a research note detailing its response to the government's consultation, Hall argued that it should include not just all companies which are incorporated or listed on a UK stock exchange, but also overseas incorporated companies. Hall said that one of the key considerations in building the ISA should be simplicity in order to ensure that more people sign up to the ISA and «ensure „optimum eligibility“ for assets included. Managers sceptical GB ISA will provide 'catalyst' for fresh UK investment „We recommend that this should not be dependent on location or incorporation, to ensu...
09.05 / 11:19
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How the fear of early death drove this Mumbai woman to buy ₹10 crore term cover
₹6.7 lakh annual premium. "I have a family history of people dying early. This made me seek a high life cover policy so that I can protect my daughter financially while I am living," she says.
09.05 / 10:17
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Muthoot, Manappuram Finance fall over 8% on RBI's advisory on cash disbursal; here's what it means for gold financiers
Muthoot Finance, and Manappuram Finance - were trading under pressure on Thursday after the Reserve Bank of India (RBI) sent the companies an advisory concerning cash disbursal of loans. The RBI has instructed Non-Banking Financial Companies (NBFCs) to strictly follow the provisions of the Income Tax Act regarding cash disbursement of loans. Specifically, NBFCs are not allowed to disburse loan amounts exceeding ₹20,000 in cash.
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