Sesex jumps more than 300 points, Nifty50 Tops 25,400 on Fed Rate Cut Boost

Indian shares were higher on Thursday, with the Sesex and Nifty Vooruit for a third consecutive session, after the American Federal Reserve Rates has reduced by 0.25% in an attempt to strengthen his labor market. Investor sentiment also received support from recent GST reforms and progress in India-US-Handel negotiations. The S&P BSE Sensex rose 328.17 […]

Lic increases the importance in these IT shares despite a decrease of 10% this year

State ownership insurer and institutional investors Life Insurance Corp (LIC) has increased its interest in Tech Mahindra, even if the IT shares have fallen by 10% this year so far. The largest insurer in the country now has 10.84% ​​of Tech Mahindra, an increase of approximately 8.8% earlier, according to a disclosure of the shareholders. […]

Mahindra & Mahindra post 24% rise in net profit as market share grows in car and agricultural segments

Mahindra & Mahindra LTD (M&M) booked an increase of 24% on an annual basis in consolidated net profit at £ 4,083 crore for the quarterly ending in June, canceled by robust operational performance of the farm and automotive verticals. Consolidated turnover expanded 22% to £ 45,529 Crore, which reflects broad growth from core and group […]