Kotak Mahindra Bank on Monday said veteran banker Ashok Vaswani has assumed charge as the managing director (MD) and CEO of the bank. He replaced Dipak Gupta, who […]
Nifty breakout band appears to be 17800-18270; Bank Nifty downside marker placed near 42200 level
By Anand James Usually, traders show a pronounced disinclination to take strong directional bets ahead of the Union Budget. This has been the case this time too, defining […]
Nifty selling pressure to accelerate under 17,000; buy SBI, L&T among others for gains
By Shrikant Chouhan Last Wednesday, the benchmark indices witnessed range-bound activity. The Nifty index ended 39 points higher while Sensex was up by 148 points. Among sectors, buying […]
Diesel sales fall in June as monsoon sets in
Diesel sales dropped in June as the arrival of monsoon cut demand in the agri sector and reduced vehicular movement, preliminary industry data showed. Demand for diesel, the […]
Ukraine death toll after massive Russian air attack rises to 39
The death toll from Russia’s largest air attack on Ukraine rose to 39 on Saturday as rescuers continued to clear debris and rubble from the bombardment, President Volodymyr […]
FPIs bet big on risk in India; mutual funds go big on small-cap stocks
As FPIs continued buying into the India story with renewed vigour in the last one and a half months, adding active risk to their portfolios to maximise their […]
Interest rate for Sukanya Samriddhi scheme raised by 20 bps
The government has increased the interest rates of two small savings schemes for January-March 2024 by 10-20 basis points. As per a notification by the finance ministry, the […]
Samsung Galaxy Z Fold 3 5G unboxing and first look: Design, specs, features, and everything to know
1/10 Samsung Galaxy Z Fold 3 5G was launched in India recently. Follow-up to the Galaxy Z Fold 2 from last year, the Galaxy Z Fold 3 brings […]
Rating: Buy | Ashok Leyland aims for 8-10% growth for MHCVs
Ashok leyland reported a Q1FY24 Ebitda margin of 10%, surpassing the estimates of Nomura (8.7%) and the consensus (8.4%). The average selling price (ASP) reached Rs 1.98 million, […]
Why Adani Enterprises, Adani Ports shares tanked up to 10% today: All Adani stocks in red as SEC threat looms
Adani Group stocks tanked today with flagship Adani Enterprise share price sinking 9.7% to Rs 2,162.85 after a Bloomberg report suggested that US authorities were looking into representations […]