Latest Updates Around The World
Nifty closed with gains on Wednesday, recording its third positive close amid buying trends in consumer, financial and metal stocks, even as the IT sector dragged the markets. The Nifty staged a consolidation break on the 15-minute chart, leading to a rally towards the end of the session. Rupak De, senior technical analyst at LKP […]
Leading public sector lender State Bank of India (SBI) has overtaken IT services firm Tata Consultancy Services (TCS) to become the country’s fourth-largest listed company by market capitalization, riding on a sharp post-earnings recovery and renewed optimism around public sector banks.SBI’s market capitalization now stands at almost Rs 10.92 lakh crore, compared to TCS at […]
Fairfax-backed CSB Bank reported third-quarter net profit at Rs 153 crore, flat from Rs 152 crore in the same period last year, due to sharply higher provisions, after a nearly three-fold decline from Rs 197 crore.Net profit was lower than the previous quarter’s Rs 160 crore. The bank’s share price fell 25% to an intraday […]
