Recommendations Financial News
18.04 / 04:47
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ICICI Lombard share price jumps over 5% after strong Q4 results; Should you buy, sell or hold the stock?
₹1,736.00 apiece on the BSE. ICICI Lombard General Insurance Company posted a net profit of ₹519 crore in Q4FY24, registering a growth of 19% from ₹436 crore in the year-ago period. The company’s net premium written in the March quarter increased 18% to ₹4,767 crore from ₹4,047 crore, year-on-year (YoY).
18.04 / 04:35
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Top Stock Recommendations: Osho Krishan of Angel One suggests buying Radico Khaitan and HDFC AMC today
Stock Market News: The domestic equity benchmark indices, the Sensex and the Nifty 50, opened in green on Thursday after declining for three straight sessions. The domestic indices tracked Asian counterparts and were led by PSU bank stocks, energy companies due to a decline in oil prices, and metals stocks as a result of concerns over global supply. On Thursday, the S&P BSE Sensex opened up 239.42 points, or 0.33%, at 73,183.10, while the NSE Nifty 50 began up 64.40 points, or 0.29%, at 22,212.35.
18.04 / 02:05
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Day trading stocks to buy: Anand Rathi expert recommends three shares to buy today — 18th April
Day trading stocks to buy today: Extending weakness for the third day in a row, the Indian stock market finished lower on Tuesday. The Nifty 50 index lost 124 points and closed at the 22,147 level, the BSE Sensex corrected 456 points and closed at the 72,943 mark whereas the Bank Nifty index went down 288 points and finished at 47,484 level. However, the broad market indices ended mildly in the positive zone even as the advance-decline ratio rose to 1.84:1.
18.04 / 02:05
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Nifty 50, Sensex today: What to expect from Indian stock market in trade on April 18
Sensex declined 456.10 points, or 0.62%, to close at 72,943.68, while the Nifty 50 dropped 124.60 points, or 0.56%, to settle at 22,147.90. The Indian stock market was shut on Wednesday for Ram Navami. Nifty 50 formed a small positive body candle on the daily chart with minor upper shadow.
18.04 / 01:55
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Indian stock market: 6 key things that changed for market overnight - Gift Nifty, US Treasury yields to oil prices
Sensex declined 456.10 points, or 0.62%, to close at 72,943.68, while the Nifty 50 dropped 124.60 points, or 0.56%, to settle at 22,147.90. The Indian stock market was closed on Wednesday on account of Ram Navami. “Investors are fearing that the ongoing conflict could fuel buoyancy in crude oil prices and in turn weigh on inflation.
18.04 / 01:29
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 18
Buy or sell stocks for today: After showing sharp weakness in the last couple of sessions, the Indian stock market slipped into follow-through weakness amidst a range movement and ended lower for the third straight session on Tuesday. The Nifty 50 index lost 124 points and closed at the 22,147 level, the BSE Sensex corrected 456 points and closed at the 72,943 mark whereas the Bank Nifty index went down 288 points and finished at 47,484 level.
17.04 / 22:38
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Retired general's testimony links private contractor to Abu Ghraib abuses
An Army general who investigated the abuse of prisoners 20 years ago at Iraq’s infamous Abu Ghraib prison has testified that a civilian contractor instructed prison guards to “soften up” detainees for interrogations
17.04 / 22:37
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Alaska Airlines briefly grounds flights due to technical issue
Alaska Airlines briefly grounded all flights Wednesday due to a technical issue
17.04 / 18:57
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MDB reform: Taking stock & looking ahead
A key element is to enhance coordination among MDBs. While the diverse structures of MDBs have their own merits, addressing new global challenges will require resources and capabilities of a magnitude beyond the capability of any single MDB. The current dynamism on the reform agenda stems primarily from the pressure exerted by the shareholders via various forums, including the UN, the G7, and the G20. Among these, the role of the G20 has been particularly crucial. Starting with balance sheet optimisation measures in 2015, the G20 has been slowly and steadily nudging the MDBs to identify necessary actions to strengthen themselves for meeting spiraling development financing needs. The 2022 recommendations from the Independent Review of MDBs' Capital Adequacy Frameworks (CAF) were a significant outcome.
17.04 / 17:11
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Swiss vote to ban swastika in crackdown on extremist symbols
parliament on Wednesday approved a motion to ban the Nazis' swastika emblem as part of a crackdown on extremist symbols in the neutral country. The lower house of parliament voted to prohibit one of the most infamous symbols of Adolf Hitler's National Socialist regime following concerns about rising antisemitism.
17.04 / 16:23
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Tata Communications' January-March net profit jumps to ₹321.52 crore
NEW DELHI : Tata Communications’ net profit for the quarter ended 31 March surged to ₹321.52 crore, from ₹45.1 crore in the previous quarter, but was down 1.5% from ₹326.42 crore in the same quarter a year ago. Consolidated revenue for the quarter rose 24.6% year-on-year to ₹5,692 crore. Of this, data revenue rose 26.9% to ₹4,656 crore.
17.04 / 15:43
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10 Stylish Bar Stools under Rs. 2000 to add a Touch of Elegance to your Home Decor
With a wide range of styles, materials, and colours available, you can effortlessly find bar stools that harmonize with your existing decor scheme or infuse a fresh, contemporary vibe into your home. Whether you prefer sleek and modern designs or rustic and cozy aesthetics, these budget-friendly options ensure that you can achieve your desired look without compromising on quality or style.
17.04 / 14:37
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Trio of AssetCo directors face proxy voter pressure over lack of diversity and independence
Proxy adviser Glass Lewis recommended shareholders vote against his re-election, as well as that of Tudor Davies and Christopher Mills, arguing the board lacks gender diversity and independence. They highlighted the financial interests of Davies and Mills, noting Davies controls a firm which has received £91,000 for consulting services from the firm, while Mills sits as CEO at Harwood Capital, the largest shareholder of AssetCo, with a 14.5% stake. AssetCo losses triple to £26.7m in 'exceptionally difficult' year The firm also took aim at Gilbert's role in the business, arguing he...
17.04 / 12:23
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Hathway Cable and Datacom Q4 Results: Firm posts net profit of Rs 35 cr
Hathway Cable and Datacom Ltd on Wednesday reported a consolidated net profit of Rs 34.57 crore for the March quarter. The company had posted a consolidated net loss of Rs 14.61 crore in the same quarter of the previous fiscal, Hathway Cable and Datacom Ltd said in a regulatory filing. Consolidated revenue from operations during the quarter under review was at Rs 493.37 crore as against Rs 459.59 crore in the year-ago period.
17.04 / 12:11
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Jubilant gets VAI classification from USFDA for Roorkee unit
Jubilant Pharma on Wednesday said the US health regulator has decided that the inspection classification of its subsidiary's Roorkee-based plant is voluntary action indicated (VAI). Jubilant Pharmova, a wholly-owned subsidiary of the company, has received a communication from the US Food and Drug Administration (USFDA) that the facility has been classified as VAI pursuant to inspection from January 25 to February 2, 2024, it said in a regulatory filing. As per the USFDA, a VAI inspection classification indicates that although investigators found and documented objectionable conditions during the inspection, FDA will not take or recommend regulatory or enforcement action because the objectionable conditions do not meet the threshold for action at this time. «Based on this inspection and the USFDA VAI classification, the facility is considered to be in acceptable state of compliance with regard to current good manufacturing practices (cGMP),» it added.
17.04 / 11:15
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Global regulators want to bolster hedge fund protections
Global regulators proposed a package of measures to ensure hedge funds and other investors from outside the banking sector are better able to cope with margin and collateral calls in times of market stress.
17.04 / 10:29
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Profiles
How to get a home loan with an average CIBIL score? Here are 5 ways
Yes, it’s possible to get a home loan with an average CIBIL score, but it might come with certain conditions and higher interest rates. Banks consider a number of factors beyond just the credit score when assessing a loan application, such as stability of income, employment history, current loans, and the ability of applicant to make a down payment.
17.04 / 09:05
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Technical Breakout Stocks: How to trade Exide Industries, Gail India and Aegis Logistics on Thursday
The S&P BSE Sensex fell over 450 points, while the Nifty50 managed to hold on to 22,100 levels.
17.04 / 08:47
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Amid UPSC toppers euphoria, this Civil Services aspirant from Tamil Nadu reveals 12 attempts with no luck, tweet go viral
Union Public Service Commission (UPSC) announced the final results of the Civil Services Examination (CSE 2024) on April 16. While social media celebrated successful candidates, a tweet by Kunal R. Virulkar, who did not make the list, has captured hearts online. Virulkar shared his journey, revealing, «12 attempts. 7 mains. 5 interviews. NO SELECTION.» His post, reflecting on life's struggles, resonated with many, garnering over 2.2 million views and numerous supportive comments.
17.04 / 08:29
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Credit Score: Look out for these 5 common errors in your CIBIL report
credit reports from time to time, and make sure that there are no mistakes in them. For instance, 31-year-old Ajay Sharma while checking his credit report, discovered that it did not factor in a debt which he had retired last quarter. Subsequently, he wrote to the credit rating agency to request them to correct these mistakes.
17.04 / 06:19
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Top Stock Recommendations: Sagar Doshi of Nuvama suggests Aarti Ind, Delhivery, and Dixon Tech Futures for tomorrow
Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, continued their losing streak for the third day in a row on Tuesday as heavy selling pressure was witnessed in the early trade. However, Nifty 50 recovered swiftly from intraday lows, lessening the ugly tone of the decline. On Tuesday, the S&P BSE Sensex ended down 456.10 points, or 0.62%, at 72,943.68, while the NSE Nifty 50 closed down 124.60 points, or 0.56%, lower at 22,147.90.
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