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Domestic equity benchmarks ended with tiny gains on Thursday, tracking mixed global cues. The Nifty ended below 16,700 mark after hitting the days high of 16,945.70 in morning trade. IT and metal shares advanced while banks, FMCG and realty shares declined. As per provisional closing, the barometer index, S&P BSE Sensex rose 33.20 points or 0.06% to 55,702.23. The Nifty 50 index rose 5.05 points […]

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On 29 July 2022

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New car registrations in the UK fell 15.8% on year to 119,167 units in April, following a 14.3% fall in March, as global supply chain shortages, namely of semiconductors, have continued to constrain the delivery of new vehicles, the Society of Motor Manufacturers and Traders said Thursday. However, battery electric car registrations bucked the trend, up 40.9 percent. Meanwhile, the Society of Motor Manufacturers and […]

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On 9 August 2022

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Dabur India reported a 22% decline in consolidated net profit to Rs 294.22 crore despite a 7.7% rise in revenue from operations to Rs 2,517.81 crore in Q4 FY22 over Q4 FY21.

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On 27 June 2022

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Nifty IT index ended up 2.07% at 31432.45 today. The index has lost 14.00% over last one month. Among the constituents, Tech Mahindra Ltd jumped 4.17%, Infosys Ltd added 3.23% and Coforge Ltd gained 2.79%. The Nifty IT index has increased 22.00% over last one year compared to the 14.13% spike in benchmark Nifty 50 index. In other indices, Nifty Realty index has slid 1.62% […]

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The Outlook revision reflects recovery in HMEL's credit metrics to levels adequate for its standalone credit profile (SCP) of 'b+' ahead of our expectations, and lower downside risks to our profitability estimates, given improved refining industry conditions and mechanical completion of HMEL's petrochemical project.

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