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NEWS. Stock Market NEWS Updated Daily

NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

NEWS. Stock Market NEWS Updated Daily

Syngene Q4 results: Net profit up 6% to Rs 189 cr, revenue declines 8%

Syngene international shares ended the day's trade on bse at rs 694.2 apiece, down one per cent
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Pre-market action: Here's the trade setup for today's session

"despite the bulls maintaining their upward trajectory for the fourth consecutive session, there's a noticeable lack of momentum," said rajesh bhosale, technical analyst, angel one.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-25

Stocks in news: Bajaj Finance, Nestle, Tech Mahindra, IndusInd Bank, Axis Bank, HUL, Kotak Bank

Shares of bajaj finance, nestle, tech mahindra and indusind bank will be in focus as the companies will announce their quarterly results later in the day.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-25

With bulls dancing, many more join Street party

​​for instance, five stocks, nhpc, indian renewable, irfc, yes bank, and hdfc bank, collectively added 75 lakh investors during the quarter ending march 2024. nhpc led the pack with a substantial influx of 23 lakh new investors.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-25

Hot Stocks: 3 stocks that may give returns between 16- 24%

Here's a look at some of the latest stock recommendations by analysts. these stocks are expected to return between 16% and 24% as per analysts’ price targets
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-25

Fall in call market volume raises concerns over pricing of MIBOR, other instruments

The mibor, in turn, is used as a benchmark or reference for derivative products such as interest rate swaps, forward rate agreements and term deposits and certain types of debt instruments issued by firms to raise money.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-25

Higher margins and non-core income lift Axis Bank Q4 profit

The bank had reported a loss of ₹5,728 crore in the corresponding period a year ago on goodwill impairment following citibank's portfolio acquisition. the bank had reported a net profit of ₹6,071 crore in october-december 2023 period, translating into
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-25

Kotak Mahindra case: Indian banks caught between growth targets and an unforgiving regulator

Kotak mahindra bank is in the latest in the line of entities in financial services which has been pulled up for various lapses. hints are that more could be penalised for dropping the ball - particularly if they had chosen to disregard warnings and red fla
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-25

RBI bars Kotak Bank from adding customers digitally

The reserve bank of india (rbi) has imposed strict restrictions on kotak mahindra bank, a third-most valued private bank in india, for failing to fix its it systems over the past two years. the bank was asked to stop functions cited "with immediate effect"
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

From Russian funds with love: Plan mooted to tap rupee balance in special accounts

Russian financial institutions have been negotiating with the reserve bank of india (rbi) to use the rupees in special accounts in india for investment in stocks and securities. currently, 10 russian institutions, including its largest lender, have registe
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Samsung way ahead of Its rivals in local value addition

This is partly because samsung has been manufacturing mobile phones as well as other appliances locally in india much before the government's production-linked incentive scheme came into force and boosted india to become the second largest mobile phone man
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Spices exports to Hon Kong, Singapore to undergo mandatory testing

The indian government will conduct mandatory testing for ethylene oxide (eto) contamination in its spice exports to singapore and hong kong, following a ban on certain spices by indian brands mdh and everest. the move follows allegations of eto presence in
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

JioCinema may disrupt SVOD market with low pricing plan

The new pricing is a significant drop from its ₹999/year and ₹99/month plans, which offered only hollywood content. unlike the existing plans, the new plans will be ad-free, the company said. jiocinema premium will provide users with web originals, mov
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Macquarie drops plan to sell India clean energy company Vibrant

Vibrant, a portfolio company of macquarie's green investment, is currently operating and delivering 1.9 gw of renewable energy solutions to corporate clients across india. it has an active pipeline of 3 gw. the company was in discussions with several playe
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Offshore wind capacity of 1GW may be auctioned in first 100 days of new govt

India could bid out 1 gw of offshore wind capacity under the viability gap funding (vgf) scheme and issue guidelines for the pm-surya ghar muft bijli yojana within 100 days of the next government taking charge. the pm-surya ghar muft bijli yojana, launched
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Battery recycling shatters the myth of EV waste

Traditional methods of ripping materials out of the ground and refining them for battery backs requires enormous amounts of energy. as a result, the initial carbon footprint of an ev is higher than a comparable internal combustion engine vehicle.those upfr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Embassy aims to take WeWork India public after acquisition

Post the acquisition, the bengaluru-based property developer will own 100% of wework india. of the total, embassy will sell 40% stake to enam group, a91 partners, caratlane founder mithun sacheti, and others for ₹1,200 crore, said the people cited above.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

AI-powered EV batteries: The next welcome change

Battery development is typically a slow and laborious process, with extensive testing and retesting. measuring how long a battery will last, for example, can involve charging and discharging thousands of times. using ai, developers can cut down the time an
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Large utility vehicles race past compact cars in growth lane

While compact suv models - defined as per body type and ground clearance - are driving the surge in the overall passenger vehicle market on account of their larger share in absolute terms, bigger uvs are fast catching up.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

NTPC-NPCIL JV may invite bids for work on Rajasthan nuclear power unit this FY

Ntpc ltd and the nuclear power corporation of india are seeking bids for the mahi banswara rajasthan nuclear power project in the current financial year. the project, estimated to cost around ₹44,800 crore, is part of the government's target to increase
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Kedaara Capital closes largest India PE fund at .74 bn; no single individual investor got allocated more than 6% of fund

Kedaara capital has closed its .73 billion fund, kedaara iv, the largest fund raised by an india private equity fund in 12 years. the fund, which will be its fourth in 12 years, was raised in just four months beginning last december and would even surpas
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Buyer sentiment strong in housing segment, says Magicbricks survey

The real estate platform unveiled its flagship housing sentiment index (hsi) report, reflecting a positive outlook for the residential real estate market, with an overall hsi of 149. ahmedabad took the lead with the highest hsi of 163, closely trailed by k
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Tesla's cheaper car push may put India, Mexico in back seat

The world's top ev maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 million vehicles before investing in new manufacturing lines. "this update may result in achieving less cost reduction than previously expecte
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

GAIL plans to expand LNG trading business to global markets

Gail plans to double its lng trading volume by 2030, gupta said, without specifying the current size of its business. "we have expertise in gas. we have been procuring from so many geographies. we have sold several us cargoes to multiple customers," said g
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Kotak Mahindra case: Indian banks caught between growth targets and an unforgiving regulator

Kotak mahindra bank is in the latest in the line of entities in financial services which has been pulled up for various lapses. hints are that more could be penalised for dropping the ball - particularly if they had chosen to disregard warnings and red fla
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-25

Poletti: Zuckerberg burns some goodwill on Wall Street with metaverse spending

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-04-25

ServiceNow (NOW) Q1 2024 Earnings Call Transcript

Image source: the motley fool.
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-04-25

Carrefour Q1 Sales Including VAT Up 13.5% On LFL Basis; Confirms FY24 Outlook

(rttnews) - french food retailer carrefour (crerf.pk, crrfy.pk, 0nph.l) reported that its first-quarter sales including vat increased by 13.5% on a like-for-like basis. they reached 22.156 billion euros pre-ias 29, an increase of 12.1% at constant exchange
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-04-25

Taiwan Stock Market May Be Stuck In Neutral On Thursday

(rttnews) - the taiwan stock market has moved higher in consecutive trading days, accelerating more than 700 points or 3.5 percent along the way. the taiwan stock exchange now sits just above the 20,130-point plateau although the rally may stall on thursda
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-04-25

International Business Machines (IBM) Q1 2024 Earnings Call Transcript

Image source: the motley fool.
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-04-25

Mr. Cooper Group (COOP) Q1 2024 Earnings Call Transcript

Image source: the motley fool.
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-04-25

Singapore Bourse: Resistance Expected At 3,300 Points

(rttnews) - the singapore stock market has moved higher in three straight sessions, advancing almost 120 points or 3.6 percent in that span. the straits times index now rests just above the 3,290-point plateau although it may spin its wheels on thursday.
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-04-25

JNK India's Rs 650 crore IPO subscribed 1.03 times on day 2 of offer

The initial public offer of heating equipment maker jnk india got fully subscribed on the second day of subscription on wednesday. the rs 650 crore initial share sale received bids for 1,14,14,556 shares against 1,10,83,278 shares on offer, translating int
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Invesco agrees to pay Rs 5 cr to Sebi for settlement in MF violation case

In an inspection conducted in 2021, the market regulator found that there was no clear segregation of activities between portfolio management activities and mutual fund activities of the firm
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

MAS Financial Services consolidated net profit rises 23.28% in the March 2024 quarter

Sales rise 24.15% to rs 345.75 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Axis Bank records turnaround PAT of Rs 7,130 cr in Q4

The private lender reported net profit of rs 7,129.67 crore in q4 fy24 as against net loss of rs 5,728.42 recorded in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

LTIMindtree Q4 PAT drops 6% QoQ to Rs 1,100 cr

Ltimindtree said that its net profit fell 5.87% to rs 1,100 crore in q4 fy24 as compared with rs 1,169 crore posted in q3 fy24.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Hindustan Unilever consolidated net profit declines 1.62% in the March 2024 quarter

Sales rise 0.59% to rs 15041.00 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

AU Small Finance Bank standalone net profit declines 12.69% in the March 2024 quarter

Total operating income rise 24.38% to rs 2829.50 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Equitas SFB records 9% YoY growth in Q4 PAT; GNPA rise by Rs 97.32 crore

Equitas small finance bank has reported 9% rise in net profit to rs 208 crore on a 21% increase in total income to rs 1,685.10 crore in q4 fy24 as compared with q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Nifty April futures trade at premium

Hdfc bank, reliance industries and icici bank were the top traded contracts.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Singapore Market rises 0.62%

At closing bell, the straits times index (sti) index surged 20.41 points, or 0.62% to 3,293.13 after trading between 3,282.60 and 3,308.12. volume of 1.86 billion shares worth s.53 billion changed hands. across the broader market, advancers outpaced decl
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Barometers advance for 4th day; Nifty ends above 22,400

As per provisional closing data, the barometer index, the s&p bse sensex, was up 114.49 points or 0.16% to 73,852.94. the nifty 50 index added 34.40 points or 0.15% to 22,402.40.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Board of ASK Automotive approves JV with AISIN Group Companies

At meeting held on 24 april 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

DCB Bank spurts after Q4 PAT climbs 10% YoY to Rs 156 cr

Dcb bank rallied 8.44% to rs 134.30 after the bank's net profit jumped 9.86% to rs 156 crore in q4 fy24 as compared with rs 142 crore in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Board of Nippon Life India Asset Mgt. recommends final dividend

Of rs 11 per share
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Vodafone Idea slips 9% ahead of listing of shares allotted in FPO

The shares allotted in fpo are expected to list on thursday. the stock had rallied 12 per cent on tuesday on strong foreign investor's response for fpo
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Hong Kong Market surges on upbeat China outlook

Goldman sachs' forecasted a potential surge of up to 40% for chinese shares if the country introduces reforms for corporate governance, dividend distributions and institutional ownership. the bullish outlook follows ubs' upgrade on chinese and hong kong st
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Nippon Life AMC hits record high as Q4 PAT soars 73% YoY

Nippon life india asset management (amc) rallied 4.46% to rs 587.10 after its consolidated net profit surged 73.17% to rs 342.92 crore in q4 fy24 as compared with rs 198.02 crore in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

RVNL jumps after JV bags order from Southern Railway

Rail vikas nigam (rvnl) rose 2.20% to rs 283.40 after the company's consortium was named the lowest bidder for the redevelopment project of thiruvananthapuram central railway station.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Chennai Petro hits life high as Q4 PAT climbs 70% QoQ; declares dividend of Rs 55/sh

Chennai petroleum corporation jumped 12.43% to rs 1,043.15 after the company's standalone net profit surged 70.11% to rs 612.38 crore in q4 fy24 as against rs 359.99 crore recorded in q3 fy24.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

China Market rises on positive brokerage houses outlook

Goldman sachs' forecasted a potential surge of up to 40% for chinese shares if the country introduces reforms for corporate governance, dividend distributions and institutional ownership. the bullish outlook follows ubs' upgrade on chinese stocks to overwe
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

DCB Bank standalone net profit rises 9.47% in the March 2024 quarter

Total operating income rise 22.50% to rs 1444.60 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

United Breweries surges 10% on hopes of healthy revenue in March quarter

Heineken n.v., the promoter group, said that india net revenues grew by 20 per cent organically in the january to march quarter
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Vodafone Idea Ltd leads losers in 'A' group

Tata consumer products ltd, tata elxsi ltd, multi commodity exchange of india ltd and neuland laboratories ltd are among the other losers in the bse's 'a' group today, 24 april 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Equitas Small Finance Bank standalone net profit rises 9.25% in the March 2024 quarter

Total operating income rise 25.00% to rs 1444.65 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Atal Realtech Ltd leads losers in 'B' group

S h kelkar & company ltd, huhtamaki india ltd, smartlink holdings ltd and centum electronics ltd are among the other losers in the bse's 'b' group today, 24 april 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Australia Stocks end lower after inflation data

At closing bell, the benchmark s&p/asx200 index fell marginal 0.51 point, or 0.01%, to 7,683. the broader all ordinaries index edged down 0.43 point, or 0.01%, to 7,937.51.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Nippon Life India Asset Management consolidated net profit rises 73.17% in the March 2024 quarter

Sales rise 34.43% to rs 468.27 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

Sensex up 203 pts, oil & gas shares advance

At 14:29 ist, the barometer index, the s&p bse sensex was up 203.40 points or 0.29% to 73,949.54. the nifty 50 index added 64.70 points or 0.29% to 22,432.70
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-24

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