Indian shares rose for a fourth session on Monday, with the Sensex rising 0.5% and the Nifty closing above 25,800, while heavyweights Reliance Industries and HDFC Bank rose on optimism after the results. Gains were partly offset by profit-taking at ICICI Bank, which limited the broader rally. The S&P BSE Sensex rose 411.18 points, or […]
Reliance Industries delivered strong performance across its key business segments in the last quarter, driven by robust telecom metrics, resilient retail growth and expectations of future value unlocking across its diversified portfolio. Telecom activities remain an important driver Sudip Bandyopadhyay, Group Chairman, Inditrade Capital in an interview with ET Now said: “Telecom has performed well. […]
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 […]
Mukesh Ambani-led Reliance Industries (RIL) on Friday reported 10% year-on-year growth in consolidated net profit in the second quarter at Rs 18,165 crore, compared to Rs 16,563 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The company’s revenue in the quarter under review stood […]
According to analysts, shares of Jio Financial Services (JFSL) are seeing a build-up of bullish momentum ahead of its second quarter (Q2 FY26) results. The stock is consolidating above the support zone of Rs 300-Rs 310 with traders expecting a positive surprise on the earnings front. Analysts said the price action signals steady accumulation and […]
Day Trading Guide gives you the key intraday support and resistances to watch out for on the Nifty Futures and other widely traded stocks like Reliance Industries, Infosys, HDFC Bank, TCS and SBI. Based on the trend, it also provides intraday trading recommendations with specific entry and stop-loss levels. The mentioned resistances and supports will […]
The combined market valuation of eight of the top 10 most valued companies rose by Rs 1,94,148.73 crore last week, with TCS emerging as the biggest gainer, in line with a bullish trend on Dalal Street. Last week, the benchmark BSE rose 1,293.65 points or 1.59 percent. While Reliance Industries, HDFC Bank, Bharti Airtel, Tata […]
The earnings season for the September quarter, which started on October 9 when TCS announced its second-quarter earnings, is expected to be modest, with Nifty companies likely to post earnings growth of around 6% year-on-year, according to estimates. The results are now coming thick and fast, with a whopping 212 companies set to announce their […]
Even as foreign institutional investors (FIIs) flood Indian IPOs with billion-dollar bids, they don’t really make much money, says Samir Arora, founder and fund manager at Helios Capital Management. In a post on “It is pertinent to point out that when the FII quota is oversubscribed by a hundred times in an IPO, FII investors […]
Shares of WeWork India made their stock market debut on Friday, falling as much as 5.5% after trading flat and with no immediate gains for investors. The stock opened at Rs 646.50 on the BSE, slightly below its IPO price of Rs 648, and at Rs 650 on the NSE, a modest premium of 0.3%. […]