Shares of Coal India Ltd rose 3% after the company reported impressive June quarter results on Thursday. Adjusted Ebitda for Q1FY25 exceeded forecast by 13%, thanks to lower employee costs, while net profit saw a sharp rise due to accounting policy changes and reversal of previous provisions. The quarter’s performance […]
Coal India
The rally on Thursday was due in large part to a surge in shares of HDFC Bank, Reliance Industries, Power Grid Corporation of India and Coal India, with the oil & gas, consumable fuels, financial services, and power sectors leading the charge. Information technology and automobile stocks lagged behind. There […]
Shares of Arman Financial Services, Sel Manufacturing Company, Secur Credentials, Jet Airways (India), Equitas Small Finance Bank hit their fresh 52 wk lows today. Nifty 50 was up by 68.75(0.28%) points and Sensex was up by 124.91(0.15%) points at 01 Aug 2024 10:59:58 IST. Bank Nifty was up by 176.85(0.34%) […]
In a triumphant display of resilience, Indian benchmark indices powered through the current week, extending their bullish run for the fifth consecutive week, representing the longest weekly advance in CY24 so far. The recent indications of a potential rate cut by the US Federal Reserve, a rebound in FPI inflows, […]
The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty 24,100 points for the first time, […]