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₹267.7 crore in Q4FY24, down from ₹345.6 crore recorded in Q4FY23. However, the company's operational revenue for the quarter increased by 8.5%, to ₹3,927 crore in A4FY24 from ₹3,619 crore in Q4FY23. From an operational standpoint, the company's EBITDA for the March quarter was ₹629.6 crore, marking a 23% growth from the ₹511.7 crore reported in the same period last year.

Equity indices Sensex and Nifty closed higher for the third session in a row on Tuesday, following gains in telecom, tech and consumer durable shares amid a firm trend in the global markets. Stocks that were in focus included names like ABFRL, which rose 9.24%, Tata Consumer, which was flat, and HUL, whose shares increased 0.96% on Tuesday.

Day trading guide for today: Domestic equity benchmarks Sensex and Nifty 50 rose for the third straight day in the previous session following gains in telecom, tech and consumer durable shares amid a strong trend in the global markets. Volatility index plunged to within a margin of its record closing low amid fading worries over a major escalation in the Middle East conflict. The fear gauge India VIX which suggests how much the Nifty 50 index is likely to change in the next 30 days, plunged 20 per cent to reach near the level of 10.

Meme coins like BEFE are not just surviving but thriving in the rapidly changing world of cryptocurrency, which is attracting investors seeking high returns on investment. 

Amsterdam, Netherlands – 22 April

Axis Bank is expected to report a net profit of Rs 6,305.25 crore for the quarter ended March 31, 2024, according to average estimates of four brokerages against the loss of Rs 5,728 crore reported by it in the year-ago period. The recovery in profit after tax (PAT) will be led by an uptick in interest income where the bank is seen to report a net interest income of Rs 12,926 crore, up by 10.60% on a year-on-year basis, the average estimates revealed.

geo-strategic landscape is characterised by a change that is taking place at an «unprecedented» scale and speed, Army Chief Gen Manoj Pande said on Tuesday while asserting that military strength and capabilities are necessary to prevent wars. Recent geopolitical powerplays have displayed, that where national interests are concerned, countries will «not hesitate» to go to war. These developments have reaffirmed the relevance of hard power, he said this during an event here. The Army chief took part in the AIMA National Leadership Conclave and spoke on 'Hard Power: Modernising Forces through Self-reliance'. He said the overall rise of a nation can be said to occur when there is a significant and continuous increase in its «comprehensive national power».

Credit risk monitors that have been keeping a close eye on loan performance in Canada as higher interest rates put pressure on borrowers, say lenders are starting to get nervous.

The BTC halving session has changed the entire scenario of the market, and the biggest shift can be seen in the meme market. One of these coins, BEFE, has been performing incredibly throughout the week post-halving session. This brings up the question: is BTC halving the only reason why BEFE is rising? 

Nifty on Tuesday ended 32 points higher to reclaim its level above 20-DEMA placed at 22,309 and form a small negative candle, which is indicating ongoing range bound movement in the market. The near-term uptrend status of Nifty remains intact and the short-term trend is choppy. Further consolidation or minor dip could be a buying opportunity. A sustainable move above 22,500 could open next upside towards 22,800 levels. Immediate support is at 22,200 levels, said Nagaraj Shetti of HDFC Securities.

Sectorally, buying was seen in FMCG, consumer durables, realty, and telecom stocks while some selling was visible in metal, healthcare, oil & gas and energy stocks.

Today, the electric vehicle (EV) giant Tesla (NASDAQ:TSLA) is poised to release its earnings report, a crucial event that will shed light on the company's financial performance. With Tesla grappling with several challenges, the current sentiment for Tesla stock is not optimistic.

In the case of any financial investment strategy, diversification is what can save you even when the times are bad. Of course, the big players remain relevant more often than not, it is always a good decision to try out promising new players with show some promising prospects. The BEFE coin is one such altcoin that has been experiencing fast growth in the last few months. It has also captured the attention of experienced and new investors alike.

For signs that the turbulent commercial real-estate market is beginning to stabilize, look at Blackstone’s largest real-estate fund, known as Breit. The firm was able to fulfill all investor redemption requests in February and March for the first time since late 2022, when a flurry of withdrawals compelled it to limit how much it could pay out. “We believe commercial real estate is at an inflection point, with real estate values bottoming," Blackstone said in an April letter to Breit shareholders, who are mostly individual investors.

social media platforms, urging users to "look between x and y on your keyboard." Despite its cryptic nature, this meme has captured the attention of netizens worldwide, sparking curiosity and speculation. Originating from a meme shared on 4Chan in May 2021, the concept is deceptively simple. The original post featured a character from the anime series K-On, accompanied by the directive to «look between t and o on your'e key bored» (sic). Upon closer examination, users discovered the letters y, u, and i, spelling out «Yui,» a character from the show. Since then, this meme has evolved into what is known as a snowclone—a template allowing for the substitution of certain words or phrases. Social media users have seized upon this format to highlight the initial letters of beloved characters, celebrities, or public figures, often with humorous intent.

Amid a vibrant market rally, the cryptocurrency Bonk price (BONK/USD) stands out, currently trading at $0.000021 with a remarkable 24-hour trading volume of $434.6 million.

ACC Ltd. traded 1.9 per cent up at Rs 2449.05 at around 12:17PM (IST) on Tuesday. The stock had closed at Rs 2403.25 in the previous session. Equity benchmark Sensex traded 265.83 points higher at 73914.45 around the same time.

Day trading stocks to buy today: The weak global market sentiments continued to fuel the Indian stock market for the second straight session on Monday. The Nifty 50 index gained 189 points and ended at the 22,336 level, the BSE Sensex surged 560 points and closed at the 73,648 mark whereas the Bank Nifty index closed 350 points northward at the 47,924 level. The cash market volumes on the NSE were lower at Rs.0.95 lakh crore.

The AVI Japanese Special Situations fund, which will have a Dublin UCITS structure, with bottom-up and «research-driven approach» to engage with companies. As with the AVI Japan Opportunity trust, launched in 2018, CEO and CIO Joe Bauernfreund will manage the strategy, supported by a Japan-dedicated research team of six.  AVI Japan Opportunity trust dodges widening discount trend as profits rise The strategy will be benchmarked against the MSCI Japan Small Cap index and invest in 25-35 companies. The annual management fee is 1%. «As well as a 40-year track record in global equit...

demat accounts as their go-to tool for diversifying their investment portfolios with stocks. This trend is especially evident among millennials, who are showing a growing interest in participating in the stock market. Several factors contribute to this trend.

Rituparna Chakraborty, Co-Founder, TeamLease, says “artificial intelligence, automation, robotics, will get into every aspect of our lives and the way we do things even in our workplaces. But having said that, it does not mean that all jobs are going away. It is a call to action for all of us that the kind of skill sets that we are empowering our youth with, definitely needs to be changed, which means there will be demand for higher skill sets. So, the skill sets with which kids are able to find jobs, is not how it is going to be for our youth for the next five years or the decades that we will see. The sooner we prepare ourselves for this inevitable outcome, the better it is.” What is the story? I have always seen that a sector like IT only hires, hires, hires, and hires. Now they are not hiring. Rituparna Chakraborty: We have gotten so used to the technology sector being a net employment generator for the economy that on the face of it, it seems disappointing and shocking to some extent.