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German business confidence dropped slightly in October, survey results from ifo Institute showed on Tuesday. The business confidence index fell less-than-expected to 84.3 in October from 84.4 in the previous month. The score was seen at 83.3. Companies were less satisfied with their current business. Their expectations improved in October, but they are still worried about the coming months. The current situation indicator came in […]

Nifty PSU Bank index ended up 3.50% at 3427 today. The index has added 12.00% over last one month. Among the constituents, Bank of India jumped 10.15%, Indian Overseas Bank added 6.09% and Union Bank of India rose 5.73%. The Nifty PSU Bank index has increased 20.00% over last one year compared to the 2.59% fall in benchmark Nifty 50 index. In other indices, Nifty […]

Under ESOP

Dodla Dairys consolidated net profit surged 34.2% to Rs 39.45 crore on 22.8% rise in net sales to Rs 695.32 crore in Q2 FY23 over Q2 FY22.

Remained in red for much of the day

RIL, HDFC Bank and Infy were top traded contracts.

The euro area banks expect fall in demand for housing and corporate loans in the fourth quarter, the Bank Lending Survey from the European Central Bank showed. Reflecting rising interest rates and easing consumer confidence, demand for housing loans declined substantially in the third quarter. Demand for consumer credit and other lending to households also decreased in net terms. However, there was an increase in […]

On 1 November 2022

The domestic equity benchmarks ended with modest losses and near the days low on Tuesday. The Nifty managed to close above the 17,650 level, after hitting the days low at 17,637. PSU bank, auto and IT stocks were in demand while FMCG, private bank and financial services stocks witnessed some bit of selling pressure. As per provisional closing data, the barometer index, the S&P BSE […]

In a recent interview with ET, Piramal Pharma chair Nandini Piramal stated that the business would invest Rs1,200 crore in antibody-drug conjugate capacity at Grangemouth, in UK, over the course of the following 12 to 18 months.