Month

May 2023

Showing: 14 RESULTS
夜上海论坛

Share Market Highlights: Sensex tanks 800 pts, Nifty ends below 17350; IT stocks drag, Reliance ends in red

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices ended lower today with Nifty below 17,350 amid selling across the sectors barring FMCG. The BSE Sensex fell 861.25 points or 1.46% to end at 57,972.62, and the Nifty closed 246 points or 1.40% lower at 17,312.90. Tech Mahindra, Infosys, Wipro, HCL Technologies and TCS were among the major Nifty losers, while Britannia Industries, Maruti Suzuki, Apollo Hospitals, Nestle India and Asian Paints were the gainers. Apart from FMCG and Oil & Gas, all other sectoral indices ended in the red with Bank, Information Technology, Metal, PSU …

上海后花园论坛

SpiceJet Rating: Hold | More turbulence awaits the airline

SPICEJet (SJ) reported net loss of Rs 7.9 bn (Indigo: -Rs 10.6 bn). Earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs (Ebitdar) stayed negative at Rs 1.5 bn owing to high ATF prices (up 2x y-o-y) and weak INR; yield improved 31% y-o-y (Indigo: +44%) to Rs 5.3. Highlights: i) SJ’s lack of transparency in sharing its key operational data (RPKM, CASK) since Q3FY21 remains a major concern. ii) Cargo business remained profitable with Ebitdar/PAT of Rs 570 mn/Rs 18 mn, despite high fuel cost. iii) Balance sheet remains weak, impacting operations; however, SJ is looking to …

夜上海论坛

Share Market HIGHLIGHTS: Bears pull indices in red; Sensex falls 700 pts, Nifty ends F&O expiry below 17600

Go to Live Updates Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: Bears gripped Dalal Street amid weak global cues. Both benchmark indices ended in the red, mainly dragged by IT, metal, power and oil & gas stocks. BSE Sensex ended 770.48 points or 1.29% lower at 58,766.59, and the NSE Nifty 50 settled 216.50 points or 1.22% lower at 17,542.80. Except realty, capital goods, PSU bank and auto, all other sectoral indices ended lower. In the broader market, BSE midcap and smallcap indices rose 0.5% each. Hindalco Industries, Reliance Industries, ONGC, TCS and SBI Life Insurance were …

夜上海论坛

Hatpipliya Madhya Pradesh Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

Hatpipliya MP Assembly Election 2023 Details: The election for Hatpipliya Assembly Constituency in Madhya Pradesh will be held on November 17 this year. The final date of voting and result were known after the formal announcement by the Election Commission of India. Here are the important details of the Hatpipliya Constituency Assembly Election 2023 that you should know. Hatpipliya Constituency Madhya Pradesh Assembly Election 2023: Voting Date November 17 is the date of voting for the Hatpipliya Assembly Constituency Election 2023 as announced by the Election Commission of India. Hatpipliya Constituency Madhya Pradesh Election 2023: Candidates List Bharatiya Janta Party …

阿拉爱上海

QS World University Rankings 2024 (MBA): 10 Indian institutes place in top 50

The Indian Institute of Management (IIM) Bangalore acquired the top position among B schools in India and stood at 48th rank in the Quacquarelli Symonds (QS) World University Rankings (WUR) 2024 for Global MBA and Business Masters, according to the rankings. The Stanford GSB’s MBA gained the top position globally while The Wharton School and the Harvard Business School got the second and third ranks respectively. As per the rankings, 10 Indian MBA colleges are among the top 250 institutes in Asia. Also, two other Indian MBA institutes are among the world’s 50 best in terms of employability. IIM Bangalore …

夜上海论坛

Sensex, Bank Nifty end 1% down, RIL falls post AGM; Nifty support at 17250, use dips to buy quality stocks

BSE Sensex and NSE Nifty 50 ended more than 1 per cent down each on Monday, on tepid global cues after US Fed chair Jerome Powell’s ultra-hawkish statement at the Jackson Hole event. S&P BSE Sensex fell 861.25 points or 1.46 per cent to end at 57,972.62, and the NSE Nifty 50 closed 246 points or 1.40 per cent lower at 17,312.90. Index heavyweights such as Infosys, ICICI Bank, HDFC Bank, Tata Consultancy Services (TCS), and Reliance Industries Ltd (RIL), among others contributed the most to the indices’ fall. S&P BSE Midcap and small cap indices also ended lower. S&P …

上海后花园论坛

Oil prices ease on symbolic OPEC+ output cut by 100,000 bpd in October

Oil prices inched lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move to bolster prices after the market’s recent slide. Brent crude futures had fallen 81 cents, or 0.9%, to $94.93 a barrel by 0354 GMT. U.S. West Texas Intermediate (WTI) crude futures inched up from Monday to $88.57 a barrel, and were $1.70 higher, or 2.0%, than Friday’s close. There was no settlement on Monday, the U.S. Labor Day holiday. Also read| Petrol, Diesel Price Today, 6 September …

夜上海论坛

‘Hema Malini was made to dance’: Madhya Pradesh Home Minister’s remark sparks outrage

At a public event in Datia, Madhya Pradesh, Bharatiya Janata Party (BJP) MLA and Home Minister, Narottam Mishra, found himself in soup and was blamed for insulting women after he took Hema Malini’s name during his address. . Mishra’s comment, delivered in Hindi before a large audience, featured a reference to BJP MP Hema Malini, where he claimed to have brought “development to such a level in Datia that not only cultural programs are being organised, but even Hema Malini has been made to dance.” — Ashish Singh (@AshishSinghKiJi) October 25, 2023 The remark made by Narottam Mishra is being …

阿拉爱上海

New capex phase to fuel rally in Reliance stock: Jefferies report

In a report released after key announcements made by RIL chairman Mukesh Ambani at the company AGM on Monday, global brokerage Jefferies sees the company’s stock on an upward trajectory over a sustained recovery in GRM (gross refining margin), faster-than-expected tariff hikes in Jio, possible public listing of Jio and Reliance Retail surprising on market share gain and profitability. In a base case scenario, Jefferies expects the Reliance Industries’ stock at Rs 2,980 with the Ebitda growing at a CAGR of 19% and PAT at 9% over FY22-25E. In a report on Tuesday, the brokerage says that in a bull …

夜上海论坛

Dubai or London: Which is better and more expensive to own a property?

By Stuart Leslie On the face of it, London and Dubai both appear to be excellent options for Indian buyers looking for an investment property or overseas home – both have rapidly rising rental rates and fairly similar yields, appreciating house prices, relatively low property transaction taxes and are popular with Indian expats. But look beneath the surface and there are some significant advantages to buying in the UK rather than the UAE. Glossy property brochures from the city now proclaim that purchase prices are rising 17% a year, but average prices are still 11% lower than they were in …

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