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Despite a generally weak performance in the equity market, the combined market capitalisation of four out of the ten most valuable companies rose by ₹1,01,369.5 crore last week, with Life Insurance Corporation of India (LIC) leading the gains. The BSE benchmark index slipped by 270.07 points or 0.33% over the week. Among the top 10…
Nvidia share price jumped as much as 6 per cent in afterhours trading on Wall Street after the IT giant posted stellar performance in first quarter results for FY26. The IT giant stock climbed to $142.22 apiece on N (This is a developing story) Disclaimer: This story is for educational purposes only. The views and…
Gold prices witnessed a strong rally on Thursday, May 23, both in domestic and international markets, as a combination of a weakening U.S. dollar and heightened fears over America’s growing debt load reignited safe-haven demand. The spark was Moody’s downgrade of the U.S. government’s long-term issuer and senior unsecured ratings, which sent investors rushing toward…
By Samuel Indyk, Alun John, Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month’s tariff-induced selloff. The world’s largest cryptocurrency touched a high of $109,760.08, and was last up 1.1% at $108,117. Its ascent…
IndiGo Q4 results: InterGlobe Aviation (IndiGo) on Wednesday, May 21, reported a solid 61.89 per cent year-on-year (YoY) jump in consolidated net profit to ₹3,067.5 crore for Q4FY25, compared to a profit of ₹1,894.8 crore in the same quarter of the previous financial year. Profit excluding foreign exchange rose 44.7 per cent YoY to ₹2,981.1…
TOKYO, – Japanese shares were little changed on Wednesday after recent gains, with traders looking for cues after the corporate earnings season. Mizuho surged 4.3%, leading banks higher after announcing a plan to shed cross-shareholdings, while Tokio Marine Holdings sank 2.7% and triggered a decline in insurance companies after forecasting a 12% drop in annual…
Dixon Technologies Q4 Results: Consumer electronics manufacturer Dixon Technologies on Tuesday, May 20, posted stellar numbers for the fourth quarter of the financial year 2024-25, ending March 31, recording multifold growth in profit after tax and revenue. The company’s consolidated profit after tax surged 379% year-on-year (YoY) to ₹465 crore in Q4 FY25, compared with…
NLC India share price in focus on May 20: NLC India share price jumps 9% in early trade on Tuesday, May 20, reaching ₹257.90 apiece, following the release of the company’s March quarter numbers, which came in line with analysts’ estimates. The company, on Monday post-market hours, reported a net profit of ₹468.46 crore —…
CDSL share price in focus today: Shares of NSE-listed Central Depository Services Limited (CDSL) ended Friday’s session with a 5.35% gain, settling at a three-month high of ₹1,408 apiece. Today’s rally also pushed the stock’s weekly gain to 16%, recovering twice the 8% loss it posted last week. The sharp rebound in stock can be…
Page Industries Q4 Results: Page Industries, which licenses Jockey and Speedo products in India, on Thursday, May 15, reported a sharp 52% year-on-year (YoY) rise in its net profit for the March 2024 quarter to ₹164 crore, compared with ₹108.20 crore in the corresponding quarter last year. Its revenue from operations stood at ₹1,098 crore…