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The domestic equity benchmarks traded in a volatile manner in early trade. The Nifty traded tad above the 17,050 mark. Barring pharma, healthcare, and metals, all the sectoral indices on the NSE edged higher. At 09:22 IST, the barometer index, S&P BSE Sensex was down 50.08 points or 0.09% to 56,925.91. The Nifty 50 index lost 11.35 points or 0.07% to 17,057.75. Investors remained cautious […]

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Ageas Federal’s total premium rose by 13% to INR 2,207 crore in FY 2021-22 from INR 1,959 crore in FY2020-21. The growth was driven by a 27% rise in Individual New Business Premium to INR 639 crore and 5% rise in renewal premium to INR 1,391 crore.

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RailTel Corporation of India gained 1.87% to Rs 106.45 after the company received work order of Rs 107.44 crore from South Western Railway (SWR).

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Healthy return Ratios : ROE in FY22 is 72.8% and ROCE in FY22 is 76.4%.

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China share market closed on Wednesday, 04 May 2022, for Labor Day national holiday. Hong Kong stocks fell on Wednesday, after the city reported that its economy contracted in the first quarter of the year. Asian stock market were mostly lower on Wednesday, 04 May 2022, as investors largely staying cautious and refraining from making significant moves ahead of Federal Reserves monetary policy announcement due […]

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Britannia Industries Ltd has added 6.7% over last one month compared to 4.03% gain in S&P BSE FMCG Sector index and 5.95% drop in the SENSEX

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Profit after tax stable at Rs57.4 crore from Rs52.7 crore in Q4 FY21.

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Adani Enterprises announced that its step down subsidiary, Mumbai International Airport (MIAL), which owns and operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai, the second largest airport in India has successfully raised USD 750 million senior secured private placement notes from Apollo-managed credit funds. Apollos Credit business was able to provide a scaled, long-term capital solution for MIAL, with the majority of proceeds […]

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Oil prices see advance to above $103 per barrel, amid news that European Union is working on fresh sanctions against Russia and as China demand slowdown fears slowly ease. WTI crude oil futures fell to $100 levels at the start of the week. The American Petroleum Institute (API) reported a larger-than-anticipated draw this week for crude oil of 3.479 million barrels. US crude inventories have […]

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