Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Shankar Sharma compares Nifty 50 vs bank FD returns over 12 years — the results may surprise you
Shankar Sharma's analysis reveals the Nifty 50 Total Return Index achieved a 9.38% post-tax CAGR over 12 years, while bank fixed deposits yielded 4.93%. Despite lower returns, bank FDs showed a superior risk-adjusted return ratio.
Sensex Today | Stock Market LIVE Updates: Nifty cuts losses to 250 points; Indian Rupee slumps to 95.18
Sensex Today | Stock Market LIVE Updates: The markets are under immense pressure, stumbling down from the gains over the previous sessions. Nifty is down 250 points and is below the 24,000 mark. The Nifty Bank is down, falling over 450 points, slumping below the 55,000 mark. Titan, IndiGo and Eternal are the top laggards.
Q4 Results This Week: Bharti Airtel, HPCL, Dixon, among 200 companies reporting numbers
As many as 200 companies, including Nifty 50 names such as Bharti Airtel, Cipla, JSW Steel and Power Grid, and multiple F&O and cash market names such as UPL, Canara Bank, Indian Hotels etc. will be reporting their March quarter results this week. Here's a look at the complete list:
CMS Info Systems bags Rs 400 crore HDFC Bank ATM management mandate
CMS Info Systems has won a significant Rs 400 crore contract with HDFC Bank. The deal spans five years and involves managing 6,000 ATMs. CMS will offer complete ATM services, including cash management and AI-driven optimization. This partnership follows CMS's previous work with ICICI Bank and State Bank of India.
CMS bags Rs 400 cr contract to manage 6,000 HDFC Bank ATMs
CMS Info Systems has secured a significant Rs 400 crore order from HDFC Bank. The deal involves managing 6,000 ATMs for the next five years. This partnership will also include advanced solutions like currency forecasting and AI technology. The company expects this to boost its revenue from private sector banks. This follows recent large contracts with ICICI Bank and SBI.
Mcap of 4 most valued firms erodes by ₹1 trn, SBI biggest laggard
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with State Bank of India taking the biggest hit, amid a range-bound trend in equities. Last week, the BSE benchmark Sensex climbed 414.69 points or 0.53 per cent, and the NSE Nifty went up by 178.6 points or 0.74 per cent. "Indian equity markets witnessed a volatile and range-bound week, with sentiment remaining cautious despite intermittent recovery attempts. Early optimism driven by hopes of de-escalation in the Middle East and easing oil prices faded quickly as renewed tensions between the US and Iran resurfaced," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. While Bharti Airtel, State Bank of India, Tata Consultancy Services (TCS) and Larsen & Toubro faced erosion from their valuation, Reliance Industries, HDFC Bank, ICICI Bank, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) were the gainers from the pack. ...
Zee Entertainment Enterprises Ltd gains for third straight session
Zee Entertainment Enterprises Ltd is quoting at Rs 95.86, up 1.35% on the day as on 12:49 IST on the NSE. The stock is down 17.22% in last one year as compared to a 0.68% slide in NIFTY and a 4.56% slide in the Nifty Media index.
LIC Housing Finance Ltd spurts 4.13%, gains for third straight session
LIC Housing Finance Ltd is quoting at Rs 581.2, up 4.13% on the day as on 12:49 IST on the NSE. The stock is down 3.18% in last one year as compared to a 1.62% drop in NIFTY and a 1.14% drop in the Nifty Financial Services index.
Markets close in green; Adani Ports, Godrej Properties, BHEL rally on Q4 results
The Sensex rose 356 points to 77,269, while the Nifty gained 122 points to close at 24,119. The Nifty Bank index underperformed, adding just 15 points to end at 54,879.
Sensex Today | Stock Market LIVE Updates: Nifty extends gains by over 260 points; Banking index up 600 pts
Sensex Today | Stock Market LIVE Updates: The markets are blooming from positive cues. The Nifty is up over 200 points, surging towards 24,200. The Nifty Bank index is up over 350 points, rising to 55,300. Maruti, Bajaj Auto, Adani Ports and HUL are the top gainers.
Mcap of 4 most valued firms surges by ₹2.20 trn, Reliance biggest winner
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark Sensex climbed 249.29 points or 0.32 per cent. "Markets ended the week with marginal gains, reflecting a volatile and range-bound trading environment amid mixed global and domestic cues," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The week began on a positive note, supported by easing geopolitical tensions and steady progress in Q4 earnings, which lifted initial sentiment, he said. However, gains were gradually capped by rising crude oil prices, weak cues from Asian markets, and persistent foreign institutional investor (FII) outflows, Mishra added. While Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS) and Bajaj Finance were the gainers from the pack, HDFC Bank, State Bank of India, ICICI Bank, Larsen & Toubro, Hindustan Unilever and
ICICI Bank shares rise after Q4 results; Five factors why analysts are bullish
The management of ICICI Bank affirmed no concerns in its loan portfolio, particularly in business banking, due to the ongoing supply chain disruptions from the West Asia conflict, which JPMorgan believes is "comforting."