Welcome to ETMarkets’ Investors Guide, a show about asset classes, market trends, and investment opportunities. This is Saloni Goel. The momentum in the market has been so strong that benchmark indices have settled higher in 10 sessions out of the last 12. While bets that Fed would go slow on rate hikes increased after a … Read more
Maithan Alloys’ consolidated net profit surged 95.4% to Rs 218.95 crore on 80.4% rise in net sales to Rs 1,020.31 crore in Q1 FY23 over Q1 FY22. Sequentially, the consolidated net profit declined 9.5% from Rs 241.94 crore despite of a 21.9% increase in net sales from Rs 837.14 crore in Q1 FY23. The … Read more
Life Insurance Corporation of India (LIC) reported a standalone net profit of Rs 682.89 crore in Q1 FY23, steeply higher than Rs 2.94 crore recorded in Q1 FY22. The insurer’s total premium income surged 20.35% to Rs 98,351.76 crore in the quarter ended 30 June 2022 as against Rs 81,721.42 crore posted in the … Read more
Sales decline 95.97% to Rs 0.10 crore Net profit of Tamilnadu Jai Bharath Mills reported to Rs 3.50 crore in the quarter ended June 2022 as against net loss of Rs 3.17 crore during the previous quarter ended June 2021. Sales declined 95.97% to Rs 0.10 crore in the quarter ended June 2022 as … Read more
At meeting held on 12 August 2022 The Board of Shree Worstex at its meeting held on 12 August 2022 has approved Ankit Singhal (DIN: 03592385) as an ‘Additional Director in the category of Non-Executive -Independent Director” of the Company, subject to the approval of the Shareholders of the Company. Powered by Capital Market … Read more
Live news updates: Prime Minister Narendra Modi will host all the medal winners of the Commonwealth 2022 games at his official residence at 11 am on Saturday. This is the first time the Prime Minister will physically interact with the winners of the Commonwealth Games after their spectacular performance in Birmingham. The … Read more
Welcome to ETMarkets Watch, your daily wrap-up to the day on Dalal Street. I am Nikhil Agarwal. Domestic shares ended higher for a fourth straight week, driven by buying in metal stocks as investors awaited domestic inflation data for July due later today. The 30-share pack Sensex advanced 130.18 points to close at 59,462.78. Its … Read more
Salman Rushdie, the author whose writing led to death threats from Iran in the 1980s, was attacked Friday as he was about to give a lecture in western New York. An Associated Press reporter witnessed a man storm the stage at the Chautauqua Institution and begin punching or stabbing Rushdie as … Read more
The key equity indices ended with decent gains on Friday, tracking positive global cues. Sustained buying by FPIs and easing crude oil prices also supported buying. The Nifty closed a tad near the 17,700 level, bouncing from the day’s low of 17,597.85 in the early trade. Oil & gas, metal and realty shares advanced … Read more
India VIX slipped 4.07% as shares advanced. The Nifty August 2022 futures closed at 17,716.90, a premium of 18.75 points compared with the Nifty’s closing of 17,698.15 in the cash market. Turnover on the National Stock Exchange’s futures & options (F&O) segment was Rs 60.22 lakh crore compared with Rs 211.16 lakh crore reported … Read more
