Bajaj Auto share price tanked 1.41% to Rs 4,281 today after the company’s net profit fell 2.5% on-year to Rs 1433 crore. Analysts had predicted a much bigger fall. The company’s revenue for the January-March quarter stood at Rs 8904.7 crore, up 12% on-year, supported by the sustained momentum of the domestic business that delivered […]
Apple has taken a step forward in the financial services industry by partnering with Goldman Sachs Group to introduce a new high-yield savings account. The savings account will be available for Apple Card users in the USA who can earn an annual yield of 4.15%, which is more than 10 times the national average. This […]
By Sameet Chavan The week started with a decent bump up which was then followed by yet another gap up on Tuesday to reach a new milestone of 18600. However, the high beta midcap counters (recent movers) started correcting fiercely, which dampened the overall sentiments in the market. The Nifty 50 index had a rub-off […]
By Sukhesh Madan Audio technology is one area where artificial intelligence (AI) is making huge inroads in the ever-changing digital world. From the way we listen to audio to the sound quality in our favourite movies, AI is remodelling the audio reveal. This collaboration between current AI algorithms and audio innovation is not only improving […]
By Rohan Patil Nifty 50, the benchmark index, on the weekly chart has formed a bearish evening star candlestick pattern and has drifted below 17500 levels with a loss of more than one and a half per cent. From the second week of October 21, momentum oscillator RSI (14) is reading in a lower low […]
Intro: Credit growth has exceeded deposit growth for some time now and banks cannot continue to rely on short-term borrowing and liquidity to meet the demand, believes Ashima Goyal, external Monetary Policy Committee member. She tells Piyush Shukla that the target is that inflation should not reach 4% but stay there. Excerpts: As you mentioned […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Monday as a result of mixed global cues, while the silver rate is up 0.21%. On Multi Commodity Exchange, gold April futures were trading at Rs 57,229 per 10 grams, down Rs 50 or 0.09%. Silver March futures were trading […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to one stock/security on Wednesday, February 1, 2023. Ambuja Cements is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Wednesday. According to the NSE, the stock mentioned above is prohibited in the […]
Varshaben Bharatbhai Shah bought 90,000 shares of Anlon Technology Sol Ltd (ANLON) at Rs 257.96 per share. Bhavesh Kirti Mathuria sold 1,77,600 shares of Atal Realtech Ltd (ATALREAL) at Rs 80.89 per share. Rohan Gupta bought 1,23,000 shares of Bright Solar Ltd (BRIGHT) at Rs 5.94 per share. Naveen Sharma sold 2,76,000 shares of Destiny […]
Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. The boards of IDFC First Bank and IDFC have approved the reverse merger in July. “….IDFC Limited and IDFC Financial Holding Company (IDFC FHCL) have received letters dated December 26, 2023 from RBI […]