Fresh records on D-St! Sensex ends atop 64,700, up 803 pts; leaps 10% in Q1

CLOSING BELL ON JUNE 30, 2023: The NSE Nifty 50 was up 217 points on Friday. While the NSE benchmark ended 3.5 per cent higher in June, the index registered a 10.5 per cent gain for Q1FY24.

3:24 PM

Charts: 182 of 200 firms in BSE 200 index see profit rise by 5% on year

FPI flows are a major contributor to volatility spillovers in various segments of Indian financial market. READ MORE

3:18 PM

HDFC twins near 52-week highs ahead of Board meet; stocks up 4% this week

Shares of HDFC Bank and HDFC Ltd gained 2 per cent each in Friday's intra-day trade ahead of their Board meeting to finalise merger date. READ MORE

3:10 PM

Importers must hedge near-term exposures on dollar rally risk, say analysts

The greenback is projected to strengthen against most Asian currencies in the July-September quarter, with a rate hike by the Fed at its July meeting now a near certainty. READ MORE

2:59 PM

Strong growth outlook to offset foreign mkt slowdown for India Inc: Fitch

Earlier this month, Fitch had raised India's economic growth forecast to 6.3 per cent for the current fiscal year 2023-24 from the 6 per cent it had predicted previously. READ MORE

2:53 PM

ALERT:: Electrosteel Castings gets ratings upgrade for long-term loan facilities; stock up 4%

CRISIL has upgraded the company's long-term loan facilities amounting to Rs 2,708 crore to 'CRISIL AA-/Stable' from 'CRISIL A+/Positive'. 

 

According to a release issued by the company to the BSE, CRISIL has reaffirmed the company's short-term rating at 'CRISIL A1+'

2:44 PM

China has $3 trillion of 'hidden' currency reserves, says US economist

A lot of the country's foreign-exchange reserves don't show up in the official books of the People's Bank of China, the former US trade and Treasury official wrote in a report. READ MORE

2:34 PM

Kalpataru Projects International secures fresh orders worth over Rs 1000 cr; stock up 2%

In an exchange filing, the company said its order inflows stood at Rs 5,122 crores in the first quarter or Q1 of FY 2023-24 on a consolidated basis. READ MORE

2:23 PM

Market Check:: Tata Motors, Dr.Reddy's among top monthly gainers in Nifty 50 this June

2:13 PM

JK Tyre surges 10% on completion of first phase of capacity expansion

Shares of JK Tyre rallied 10 per cent to hit a 52-week high of Rs 228 in Friday’s intra-day trade, amid heavy volumes. This upsurge came after the company announced completion of first phase of capacity expansion of its radial tyre (PCR segment) manufacturing facility at Madhya Pradesh. The phase one expansion involved an investment of Rs 312 crore. READ MORE

2:03 PM

ALERT:: Paytm partners with Shriram Finance; stock up 1%

Paytm partners with Shriram Finance to strengthen loan distribution business. reports CNBC-TV18.

1:52 PM

ALERT:: Tata Power gets a outlook upgrade from Care Ratings; stock up 2%

Care Ratings has upgraded Tata Power's long-term bank facilities ratings from 'CARE AA; Stable' to 'CARE AA; Positive'. Similarly, rating outlook on select non-convertible debentures too has been revised from 'Stable' to 'Positive', Tata Power said in a release to the BSE.

 

1:42 PM

Optimistic about India market, will continue to grow categories: P&G

In the last three years, P&G has driven consistent double-digit growth in both the topline and bottomline. READ MORE

1:31 PM

Market Check:: BSE IT index soars 2%; Infosys leads

1:21 PM

Godrej Properties eyes strong growth on robust demand, new launches

The stock of Godrej Properties (GPL) has been hitting fresh 52-week highs on the back of strong bookings or pre-sales, expanding portfolio and expectations that its growth momentum will continue in FY24. READ MORE

1:11 PM

Asian Market Update:: India, China benchmarks shine; gain up to 1%

Source: Yahoo Finance