TOP NEWS

April 2024 RBI MPC minutes concerned about food inflation

Intractable food prices and the worsening situation in the Middle East remain key concerns for the MPC.

  • 20 Apr, 2024 |
  • 12:58 PM

Closing Bell: Indian Markets Rebound After Losses

By the end of the day, many heavyweight sectoral indices had managed to recover their losses.

  • 19 Apr, 2024 |
  • 3:46 PM

Infosys Acquires German ER&D Firm in-tech for $480 Million

The deal is expected to be finalized in the first half of fiscal 2025, subject to regulatory approvals.

  • 19 Apr, 2024 |
  • 3:08 PM
  • 19 Apr, 2024 |
  • 2:54 PM

JSW Steel taps loan worth $900 Million from eight foreign banks

JSW raised $500 million in April 2019 with a five-year bond at 5.95%, which is due for repayment this month.

  • 19 Apr, 2024 |
  • 2:37 PM

Q4FY24 Preview: HDFC Bank: NII seen at ₹287.4 Billion, PAT at ₹154.9 Billion

Weak performance likely over the December 2023 quarter.

  • 19 Apr, 2024 |
  • 2:31 PM

NTPC Green Energy inks pact with Indus Towers for RE projects

As part of its net zero promises, Indus Towers Ltd (ITL) plans to gradually increase its renewable energy portfolio to Giga Watt (GW) scale capacity.

  • 19 Apr, 2024 |
  • 2:28 PM
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Top Gainers / Losers
19 April , 2024 | 12:00 AM
CompanyLTP(₹)Change(%)
Bajaj Finance
BAJFINANCE
7119.5 +226.30 (3.28%)
M & M
M&M
2082.9 +57.95 (2.86%)
Maruti Suzuki
MARUTI
12710.95 +305.95 (2.47%)
HDFC Bank
HDFCBANK
1531.3 +36.60 (2.45%)

Top Gainers as per Nifty50

View All Gainer & Loser
Earnings
  • 19 Apr, 2024 |
  • 2:54 PM

Q4FY24 Preview: HDFC Bank: NII seen at ₹287.4 Billion, PAT at ₹154.9 Billion

Weak performance likely over the December 2023 quarter.

  • 19 Apr, 2024 |
  • 2:31 PM

Q4FY24 Review: Tata Communications: Near-term headwinds persist

The stock trades at 11.7x EV/Ebitda and analysts of IIFL Securities estimate 17% Ebitda Cagr over FY24-27. Maintain ADD

  • 19 Apr, 2024 |
  • 1:40 PM

Q4FY24 Review: Infosys: Weak guidance a reflection of state of IT demand

~18% correction in stock price recently has taken care of multiple de-rating while attractive dividend yield (~4%) should provide downside support to valuations. Hence, analysts of IIFL Securities maintain BUY, but expect its discount to TCS to remain elevated in near term.

  • 19 Apr, 2024 |
  • 1:08 PM

Q4FY24 Review: HDFC Life: Weak margins but FY25 outlook is positive

VNB margins were at 26.1% for Q4FY24, declining by 320bps YoY, driven by lack of operating leverage and change in new business profile. HDFCLI continues to focus on VNB growth driven by APE growth and is willing to trade incremental margins for better growth opportunities.

  • 19 Apr, 2024 |
  • 12:27 PM
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Top Performing Funds
Aditya Birla SL PSU Equity Fund (G) 1 Yrs Returns
91.52
NAV
32.54
SBI PSU Fund (G) 1 Yrs Returns
89.84
NAV
29.4771
Invesco India PSU Equity Fund (G) 1 Yrs Returns
84.06
NAV
56.69
ICICI Pru PSU Equity Fund (G) 1 Yrs Returns
81.09
NAV
19.25
Quant Value Fund (G) 1 Yrs Returns
75.46
NAV
19.2667
See All Funds
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MARKETS TODAY
22 April , 2024 | 01:26 AM
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Nifty 100 22,859.80 up arrow+119.60(0.53%)
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India VIX 13.46 up arrow+0.42(3.20%)
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Nifty Bank 47,574.15 up arrow+504.70(1.07%)
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SENSEX 73,088.33 up arrow+599.34(0.83%)
Blogs

April 2024 RBI MPC minutes concerned about food inflation

Intractable food prices and the worsening situation in the Middle East remain key concerns for the MPC.

  • 20 Apr, 2024 |
  • 12:58 PM

LIC scripts a stellar NBP growth story in March 2024

While LIC may have struggled in FY24 overall, the turnaround is visible in the last few months.

  • 19 Apr, 2024 |
  • 9:43 AM

Biggest mutual fund AUM growth stories of last 4 years

Overall MF AUM fell in March, but retail shares further improved in the month.

  • 18 Apr, 2024 |
  • 11:02 AM

March 2024 trade deficit at $15.6 Billion touches 11-month low

The good news is that overall trade could push CAD to under 1% of GDP in FY24.

  • 16 Apr, 2024 |
  • 11:02 AM

Key mutual fund trends observed in March 2024

Overall MF AUM fell in March, but retail shares further improved in the month.

  • 16 Apr, 2024 |
  • 9:31 AM
Leaders & Fund Managers Speak
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Abhijit Patil, Co-Founder and COO, AjnaLens

In conversation with Sheetal Agarwal of IIFL, management of the company explains its strengths, growth strategy and listing plans.

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Dr. Faruk Patel, Chairman & Director, KP Green Engineering Limited

Sheetal Agarwal of IIFL caught up with management of the company, which is launching India's largest SME IPO. Edited Excerpts:

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John Verghese, Chief Financial Officer, Popular Vehicles and Services Limited

Sheetal Agarwal of IIFL in conversation with management of the IPO bound company. Edited Excerpts:

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Anil Ghelani, CFA, Head - Passive Investments and Products at DSP Mutual Fund

Sheetal Agarwal of IIFL brings you an insightful conversation about the relevance of ELSS investments today. Edited excerpts:

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Anurag Tantia, Executive Director, GPT Healthcare Limited

Sheetal Agarwal of IIFL chats with the management on the eve of the IPO.

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Invest Right

Dixon Technologies: Gaining from industry consolidation

Pursuant to cut in growth expectations for Q4FY24 (Mgmt guides for QoQ drop in sales), including softness in Mobile EMS, analysts of IIFL Securities cut FY24 EPS by 7%. Ex-Mobile EMS, revenue is lowered by 4/7% and Ebitda by 8/10%, respectively for FY25/26, given analysts of IIFL Securities cautious view on rebound in consumption.

  • 16 Apr, 2024 |
  • 11:47 AM

Phoenix Mills: Revival in consumption encouraging

Trading occupancy for Indore mall was up marginally QoQ. The new Bangalore mall (Mall of Asia) has also witnessed a steady ramp up, albeit will be slower due to higher share of premium/luxury brands.

  • 12 Apr, 2024 |
  • 11:00 AM

Shyam Metalics: Well set to deliver steady growth

In stainless steel, longs capacity at Indore will expand to 220kt by FY26 while Sambalpur would see a new 500kt flats capacity (incl 200kt CR) by FY27.

  • 12 Apr, 2024 |
  • 10:47 AM

BSE: Firing on all cylinders

Its market share improved from 5.5% in Apr’23 to 8.5% in Mar’24. The exit ADTO stands at Rs90-100bn, implying a strong start to FY25. The Star-MF platform remains the preferred platform for MF distributors – FY24 volumes grew by 59% YoY to 421mn.

  • 09 Apr, 2024 |
  • 10:33 AM

JB Chemicals & Pharma: Small in size, but big enough to create a difference

JB targets to double CMO revenue from USD50mn to USD100mn over the next 3-5 years, driven by geographic expansion, on-boarding new clients, and adding new lifecycle products.

  • 08 Apr, 2024 |
  • 11:12 AM

ICICI Lombard General: Centralised strategy to drive expansion

While ILOM witnessed minor market share loss in the Motor segment last year, it has started to recoup the same with high growth in new private car segment. Presence of a multi-channel business model helped them navigate this business cycle. ILOM believes that with the new EoM regulations, industry CoR should improve; benefitting ILOM disproportionately.

  • 05 Apr, 2024 |
  • 11:50 AM
Put Call Ratio
25 April , 2024 | 12:00 AM

Note : Put/Call contract in thousand

Script NamePutCallRatio
NIFTY93,994100,385 0.94
AARTIIND2,5533,807 0.67
ABB424893 0.47
ABBOTINDIA835 0.24
All You need to know about markets

US October inflation tapers to 7.7% but MOM inflation is higher

Since March 2022, when the Fed hawkishness first manifested, the Fed has hiked rates by 375 basis points. However, till June 2022, inflation was on the ascendant, when the US consumer inflation peaked at 9.1%. Since then, the inflation has gradually tapered from 9.1% to 7.7%. While a 140 bps fall may not sound substantial, what is notable is that in October 2022, the consumer inflation was lower than the consensus street expectation.

M&M Financial Services hits upper circuit today, find why here?

Mahindra & Mahindra Financial Services (M&M Finance), which posted better-than-expected profits for the September quarter, increased by as much as 10% during early trade on Thursday.

Board of Steelcast recommends Second Interim Dividend?

Steelcast announced that the Board of Directors of the Company at its meeting held on 20 October 2022, has recommended a Second Interim dividend of Rs.1.35 per share (i.e.27%), subject to the approval of the shareholders

RBI to do pilot project on its digital currency this year

T. Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), announced on Wednesday that the central bank will introduce its digital currency as a pilot project this year.

How many Sectors are there to invest in Stock Market?

You can invest in 11 different sectors in the stock market. This type of industry categorization helps the portfolio manager create a diverse portfolio and allocate funds more efficiently.

What is nifty and sensex ?

Nifty and Sensex are benchmark index values for measuring the 
overall performance of the stock market. Nifty is the Index used 
by the National Stock exchange, and Sensex is the Index used by the Bombay Stock Exchange.


Read All FAQs