ICICI Bank, the country’s second-largest private sector bank, announced a healthy 30% year-on-year (y-o-y) growth in net profit at Rs 9,122 crore for the January-March quarter, beating Bloomberg estimates of Rs 9,040 crore. The spike in profits was led by growth in its net interest income, which grew by 40.2% y-o-y to Rs 17,667 crore […]
Paytm has emerged not only as a household name but also as a key player in empowering businesses, especially through its merchant leadership initiatives. A key player in the fintech landscape, the company’s journey is not only marked by innovation but also by its unwavering commitment to merchant empowerment. Focusing on expanding mobile payment acceptance […]
By Shrikant Chouhan The benchmark indices bounced back sharply, the NSE Nifty 50 ended 289 points higher and the BSE Sensex gained 934 points. Among sectors, all the major sectoral indices traded in the green but Media, Metal and PSU Banks stocks outperformed. Technically, post reversal formation, on Tuesday, the market opened a gap up […]
KFin Technologies likely announced the share allotment status of its IPO on Monday, 26 December. The refund will be initiated today, and the shares will be credited to the Demat account on 28 December. The IPO received good demand from investors, with the issue being subscribed 2.59 times. The qualified institutional buyer portion was subscribed […]
By Dilip Parmar The Indian rupee is expected to appreciate following overnight weakness in the dollar index after US inflation cooled in December. The implied opening from the forward suggests USDINR could trade at 81.25. On Thursday, spot USDINR fell 2 paise to 81.55, registering the fourth decline in a row following stronger Asian peers […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Sunday, 16 April, in the figures across major cities including New Delhi, Kolkata, Mumbai, and Chennai. However, some cities across the country have witnessed minor fluctuations in fuel prices across the nation. The prices of petrol and […]
By Rohan Patil For the second consecutive week Nifty weekly candle closed in green and has formed a bullish hammer candle sick pattern on the weekly time frame. We have seen a strong reversal from the 15900 levels when prices reached near the lower band of the flag pattern and then prices reverse sharply and […]
By Nagaraj Shetti After showing consolidation movement on Tuesday, Nifty continued with choppy movement on Wednesday and closed the day lower by 39 points. After opening on a positive note, the market has shifted into a narrow range movement for the entire session. The attempt of upside bounce from the lows has failed to sustain […]
iQOO has launched the iQOO Neo 9 series in China, per schedule. There are two phones— iQOO Neo 9 and Neo 9 Pro— with the largely the same specs and design. But what’s striking is the asking price. The iQOO Neo 9 brings Qualcomm’s Snapdragon 8 Gen 2 for under Rs 30,000 while the iQOO […]
Zero-commission trading platform Shoonya suffered multiple technical glitches on Thursday, resulting in a host of ghost orders that left traders with losses and unable to square off their positions. The platform is promoted by Finvasia, a fintech company founded in 2009 by ex-Wall Street professionals Sarvjeet Singh Virk and Tajinder Singh. Also read: Where is […]
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