Even as India celebrates the biggest festival of the year, Diwali, not everyone is in a festive mood as stock markets remain open. Gurmeet Chadha, Managing Partner and CIO at Complete Circle Consultants, took to social media to criticize the decision of the National Stock Exchange (NSE) and the BSE to remain operational on Diwali. […]
Shares of Dixon Technologies fell as much as 3.2% to Rs 16,150 on the BSE on Monday despite reporting a strong quarterly profit. Analysts from Motilal Oswal and JM Financial said the results confirmed the company’s growth trajectory, but warned that near-term margin pressure and the surge in new components could challenge near-term earnings. Dixon […]
The allotment for the Rs 451 crore IPO in Midwest will be completed on Monday and investors who registered for the issue can soon check whether they have received shares. The issue received a tremendous response from investors, who subscribed a total of 92.36 times, driven by strong demand from institutional and non-institutional investors. The […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 2,16,544.29 crore last week, with Reliance Industries and Bharti Airtel stealing the limelight, coupled with a bullish trend in equities. Last week, the benchmark BSE rose 1,451.37 points or 1.75 percent. Out of the top 10, Reliance Industries, HDFC […]
There has been some confusion among investors this year about the exact Diwali date: October 20 or 21. But for traders, one thing is certain. Both the NSE and BSE will remain closed on October 21 for Diwali Lakshmi Puja, and again on October 22 for Balipratipada. However, on Tuesday, October 21, markets will open […]
The Calcutta Stock Exchange (CSE), one of India’s oldest stock exchanges, may celebrate its last Kali Puja and Diwali as a functioning stock exchange this year on October 20, with the process of voluntary exit from stock exchange nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 […]
IDFC Bank reported its second quarter results for FY2026, during which the bank witnessed a 75.5% year-on-year increase in its standalone net profit to Rs 352.31 crore, compared to Rs 200.69 crore in Q2FY26. Moreover, the bank’s net interest income (NII) rose 6.8% year-on-year.The NII was reported at Rs 5,112.57 crore for the said quarter, […]
India Cements Ltd (ICL), now part of the Aditya Birla Group firm, on Friday reported a consolidated net profit of Rs 8.81 crore in the September quarter of FY26. ICL’s board has approved an investment of Rs 2,014 crore, including an equity investment of Rs 1,574 crore for modernization and Rs 440 crore for capacity […]
JSW Steel’s consolidated net profit rose more than four times year-on-year in the September quarter, helped by growth in volumes and improvement in profitability. However, the result fell short of analysts’ expectations. The company reported its profit during market hours and its shares closed at Rs 1,166.80 on the BSE, down 0.4% from the previous […]
Dalmia Bharat’s consolidated profit for the September quarter rose nearly five times compared to last year’s quarter to Rs 239 crore on the back of an improvement in operating performance and a low base last year. The cement maker had reported a consolidated profit of Rs 49 crore in the year-ago period and Rs 395 […]