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22.07 / 10:55
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Budget Jitters? RIL, banks drag Sensex over 100 pts lower, Nifty below 24,550
Reliance Industries and banking stocks. The 30-share BSE Sensex fell 103 points, or 0.13%, to settle at 80,502. The broader NSE Nifty dropped 22 points, or 0.09%, to end at 24,509.
22.07 / 10:28
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Economic Survey 2024 emphasises critical need to address mental health in India
health and economic outcomes, the survey underscored that mental health issues can have broader impacts on productivity across society than physical health ailments.According to data from the National Mental Health Survey (NMHS) 2015-16, 10.6 percent of adults in India suffer from mental disorders, with a significant treatment gap ranging from 70 to 92 percent for different disorders. Urban metro regions reported a higher prevalence of mental morbidity at 13.5 percent compared to rural areas (6.9 percent) and urban non-metro areas (4.3 percent).Economic Survey 2024 Live UpdatesThe survey also noted ongoing research indicating that individuals aged 25-44 years are most affected by mental illnesses.
22.07 / 08:26
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Avenue Supermart shares down 0.61% as Nifty drops
Avenue Supermarts Ltd. traded 0.61 per cent down in Monday's trade at 01:18PM (IST). Around 12,531 shares changed hands on the counter. The stock opened at Rs 4913.5 and touched an intraday high and low of Rs 5029.4 and Rs 4913.5, respectively, in the session so far. The stock of Avenue Supermarts Ltd. quoted a 52-week high of Rs 5220.0 and a 52-week low of Rs 3493.05.
22.07 / 08:25
22.07 / 08:15
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Tata Elxsi share price down 0.36 per cent
Tata Elxsi Ltd. traded 0.36 per cent up at Rs 6947.45 at around 01:24PM (IST) on Monday. The stock had closed at Rs 6973.25 in the previous session. Equity benchmark Sensex traded 114.02 points lower at 80490.63 around the same time.
22.07 / 08:08
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Economic Survey 2023-2024: India's fiscal deficit to drop to 4.5% or lower by fiscal 2026: Economic Survey
fiscal deficit is expected to drop to 4.5 per cent of GDP or lower by fiscal 2026, according to the Economic Survey 2023-2024.
22.07 / 08:07
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JSW Steel shares drop 3% post 64% YoY fall in Q1 profit. Should you still invest?
JSW Steel fell by 2.5% to its day’s low of Rs 866 in Monday's early trade on BSE after the company reported a 64% decline in its consolidated net profit at Rs 845 crore in the first quarter. The profit missed the Street estimates of around Rs 1,254 crore. Revenue from operations in the June quarter, however, increased 2% year-on-year (YoY) to Rs 42,943 crore.
22.07 / 08:04
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Oberoi Realty shares jump over 6% after robust Q1 results
Shares of Oberoi Realty jumped 6.5% to Rs 1780 in Monday's trade on BSE after the firm reported an 82% increase in its consolidated net profit to Rs 584.51 crore for the first quarter of the current fiscal on higher income. Its net profit stood at Rs 321.64 crore in the year-ago period. The company's revenue from operations increased 54.4% to Rs 1,405.2 crore against Rs 910 crore in the corresponding period of the preceding fiscal.
22.07 / 08:01
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Mphasis shares rise 0.51 per cent in Monday's trading session
MphasiS Ltd. rose 0.51 per cent to Rs 2892.55 in Monday's trade as of 01:14PM (IST) even as the benchmark Nifty ruled at 24485.55, down 45.36 points. The scrip had closed at Rs 2877.6 in the previous session. The stock quoted a 52-week low of Rs 2068.45 and a high of Rs 2913.35. The company quoted a market-cap of Rs 54712.02 crore on the BSE.
22.07 / 08:00
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Share price of United Spirits jumps as Sensex drops 129.54 points
United Spirits Ltd. gained 0.9 per cent to Rs 1309.6 at 01:03PM (IST) in Monday's trade. The stock hit a high of Rs 1312.9 and low of Rs 1293.0 so far during the session. The stock had closed at Rs 1297.85 in the previous session. The counter had a total traded volume of 01:03PM shares so far with a turnover of Rs 2.31 crore on BSE. The stock traded at a price-to-earnings multiple of 67.71 and a price-to-book ratio of 11.55.
22.07 / 07:58
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How tech hub Telangana is becoming a cybercrime hotspot? All you need to know
IT sector and a significant presence of high-net-worth individuals (HNIs) have made Hyderabad a prime target for cybercriminals. In 2023, Telangana reported the highest share of malware attacks in India, accounting for 15% of the country's total, according to the latest India Cyber Threat Report.
22.07 / 07:48
22.07 / 07:47
22.07 / 07:44
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Sebi should issue a stern code to curb corrupt financial journalism
₹1 crore. This penalty was imposed for his alleged involvement in front-running. The anchor allegedly used material non-public information to benefit from stock trades before it was broadcast.
22.07 / 07:43
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Hiring alert: Altimetrik to triple India IT team with TPG's investment
Mint. “It will be remiss if we don't take advantage of the talent pool here." This comes at a time when tech hiring in India is slowing. Many IT firms and startups are downsizing or tightening their purse strings, offering low compensation and hikes.
22.07 / 07:41
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Pidilite Ind shares down 0.09% as Sensex falls
Pidilite Industries Ltd. fell 0.09 per cent to Rs 3130.95 in Monday's session as of 12:38PM (IST) even as the equity benchmark Sensex traded 193.17 points lower at 80411.48. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 3244.65 and a 52-week low of Rs 2293.1 on NSE. Around 3466 shares changed hands on the counter till 12:38PM (IST).
22.07 / 06:25
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Stock market update: Nifty Realty index falls 0.5% in a weak market
Oberoi Realty Ltd.(up 4.41 per cent), Godrej Properties Ltd.(up 1.23 per cent), DLF Ltd.(up 1.13 per cent) and Mahindra Lifespace Developers Ltd.(up 0.23 per cent) were among the top gainers.
22.07 / 06:15
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After job reservation, now Karnataka planning 14-hour work hours for IT workers
job reservation proposal for locals, the Karnataka government is considering increasing the daily working hours in the IT and ITES sectors to 14 hours, up from the current maximum of 10 hours, which includes overtime. This move comes just days after the state faced a controversy over a jobs-for-locals policy.
22.07 / 06:12
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ICICI Lombard shares gain 1.26% as Sensex rises
ICICI Lombard General Insurance Company Ltd. traded 1.26 per cent higher in Monday's session at 11:11AM (IST). The stock opened at Rs 1881.0 and has touched an intraday high and low of Rs 1913.25 and Rs 1859.75, respectively, during the session so far. The stock quoted a 52-week high of Rs 1915.85 and a 52-week low of 1266.0. About 14,873 shares changed hands on the counter so far.
22.07 / 06:06
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Shree Cements shares up 0.81% as Sensex falls
Shree Cements Ltd. gained 0.81 per cent to Rs 27473.5 in Monday's session as of 11:16AM (IST) even as the equity benchmark Sensex traded 79.72 points lower at 80524.93. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 30710.15 and a 52-week low of Rs 23023.05 on NSE. Around 123 shares changed hands on the counter till 11:16AM (IST).
22.07 / 05:10
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Rupee recovers 5 paise from all-time low to 83.65 against US dollar in early trade
rupee recovered from its all-time low level and appreciated by 5 paise to 83.65 against the US dollar in early trade on Monday, as the American currency retreated from its elevated level. Forex traders said foreign fund inflows and possible intervention by the Reserve Bank of India (RBI) supported the rupee at lower levels and restricted the downfall. At the interbank foreign exchange market, the local unit opened at 83.66, and touched an early high of 83.65, registering a gain of 5 paise from its previous close.
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