Global News | World latest News| Trending News
MUMBAI: Led by a significant rally in bank stocks, Dalal Street experienced a strong upsurge on Monday. The sensex reclaimed the 79K level, while the Nifty rose above the 24K mark, both after more than four months. The BSE bankex rallied over 2% to a new all-time high during the day’s session.The rally was driven…
HDFC Bank, while declaring its results for the fourth quarter of the financial year 2025, also announced a dividend of Rs 22 per share for its eligible shareholders, for which it has fixed June 27 as the record date. “The Board also recommended a dividend of Rs. 22 per equity share of Re. 1/- each…
The fund house increased its stake in 350 stocks which includes Eternal, HDFC Bank, Jio Financial Services, RIL, Shree Cement, Tata Motors, Adani Green Energy, Eicher Motors, Tata Elxsi, ONGC, Petronet LNG, PNB Housing Finance, ACC, HFCL, and Zydus Lifesciences.
Capital markets regulator Sebi has granted an extension to NSDL (National Securities Depository Ltd) to launch its IPO by the end of July this year, according to multiple reports. The extension by the regulator comes as the IPO deadline would lapse this month. The Rs 3,000 crore IPO planned by the country’s largest securities depository…
NEW DELHI: The combined market capitalisation of nine of India’s top-10 most-valued companies rose by Rs 3,06,243.74 crore last week, driven by a strong rally in equities. ICICI Bank and Bharti Airtel recorded the highest gains.The surge followed an upbeat week in the stock markets, with the BSE Sensex climbing 3,076.6 points (4.16 percent) and…
Indian markets broke their 8-session falling streak after recovering from day’s low, thanks to the heavy lifting done by HDFC Bank while getting support from Reliance Industries (RIL) and Bajaj Finance. While the 30-stock S&P BSE Sensex finished at 75,996.86, gaining by 57.65 points or 0.08%, the broader Nifty rose by 30.25 points or 0.13%…
The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a…
MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank up to 9.5% of their share capital.RBI, through letters dated Jan 3, granted approval to HDFC Bank, as the promoter…
The Indian banking sector continues to demonstrate resilience and adaptability, navigating a dynamic economic environment with steady growth in credit, deposits, and profitability. Despite certain challenges, particularly in the unsecured retail and microfinance institution (MFI) segments, the sector’s overall outlook remains positive, underpinned by strong fundamentals and operational efficiency. Projected credit growth for FY25 is…
The Indian market was closed on Wednesday, December 25 on account of the Christmas holiday, while on Tuesday, Indian benchmark indices ended marginally lower, as losses in heavyweight financial and IT stocks offset gains in consumer and auto stocks. With the holiday-truncated week lacking major triggers, analysts expect range bound moves for the benchmark indices…
