On Tuesday, Indian equity markets opened with healthy gains on account of strong buying interest from investors. At 9:27 am, Nifty 50 and Sensex are trading with gains of 1.00% each at levels of 17,470 and 58,970, respectively. Top gainers of the

Equities continued to rally for the second successive day. On Monday, Nifty opened with a gap down and recovered within a few minutes of trade. It closed above the 50DMA and the 20DMA but failed to move above the previous day's high. The MACD has

The company's net profit significantly improved, by 108% sequentially and 405% QoQ, to reach Rs 363 crore for the quarter ending Q1FY23. The stock began trading at Rs 215 and rose as much as 10.67% over the day, reaching Rs 241.50. The 52-week hig

Net Profit saw a 103% jump and came in at Rs 535 crore Bank of Maharashtra announced that in Q2FY23 reporting a 15.92% growth in total business to Rs 344,065 crore. The bank's Gross Advances increased by 28.62% to Rs 148,216 crore and Net Inter

Electronics Mart India Ltd had a strong listing on 17th October 2022, listing at a premium of 52.5%, and closing the day well above the issue price; albeit below the listing price. While the stock did show some bouts of volatility during the day, it

The windfall tax was first imposed a few months back for a few distinct reasons. Firstly, the government wanted to take away part of the price of the oil and gas produced or exported from India when price levels are higher. Secondly, windfall tax for

At a time when the mainboard IPOs had been reduced to a virtual trickle, the SME IPOs are virtually making hay. The mainboard IPOs may have had problems like start-up funding, aggressive valuations, earnings growth etc. SME IPOs don’t seem to have

On Friday, when the Office of the Economic Advisor announced the WPI inflation, there was some room for cheer. CPI inflation may not have come down but WPI inflation has surely come down and it has come down sharply. More importantly, the fall in WPI

Yes, attrition or the pace at which a company loses people, has been the biggest bane of Indian IT in the last few quarters. How did this attrition problem become pronounced? The reason was the sudden mismatch in demand and supply. The Indian IT sect

The minutes of the Monetary Policy Committee Meeting announced on Friday, betrayed a very subtle shift in the thinking of the members of the MPC. The MPC is still hawkish and has raised rates by 190 basis points since May. The last 3 rate hikes have

The proposed merger between HDFC Bank and HDFC Ltd to create a private banking behemoth has already got the approval from the CCI and also the RBI. Now the company that will survive the merger, HDFC Bank, has hinted that it could complete its planned

FDC, La Opala RG, Ambuja Cement have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in terms of price & volume. M