Real estate stocks remained under pressure on Wednesday and the BSE Realty index fell 5.7 per cent to 6,719.36 in the day’s trade amid a sharp fall in the market prices of many major companies. This is a 10 month low. The realty index was trading at its lowest level since March 26, 2024. According … Read more
Optimism over higher spending on artificial intelligence during Donald Trump’s tenure (which reduced uncertainties over his tariff policy) and gains in top-heavy HDFC Bank led Indian stock markets on Wednesday. Due to this, the indices ended the trading with a rise. Sensex closed at 76,405, up 566 points. Whereas the Nifty-50 index stood at 23,155 … Read more
HDFC Bank, the country’s largest private sector lender, reported a 2.2 per cent rise in net profit to Rs 16,735.5 crore for the quarter ended December 2024. This was due to slow growth in headline income and high defaults on agricultural loans. Net interest income, which is the difference between interest earned and interest spent, … Read more
Hindustan Unilever Limited (HUL), along with the announcement of its quarterly results, said that the company has signed a definitive agreement to acquire premium actives-led beauty brand Minimalist. This decision of the company will be a step towards further strengthening the company’s position in the beauty and well-being portfolio. Founded in 2020 by Mohit Yadav … Read more
The Board of Directors of Hindustan Unilever Limited (HUL) in its meeting held on January 22, 2025 has approved the arrangement between HUL and its wholly owned subsidiary Quality Walls (India) Limited (KWIL) for the demerger of the ice cream business of HUL into KWIL. Approved the plan. As per the plan, for every one … Read more
Hindustan Unilever Limited, a household goods maker, saw its consolidated net profit rise by 19.18 per cent to Rs 2,989 crore in the December quarter of the current financial year. Hindustan Unilever Limited (HUL) said in a stock exchange filing on Wednesday that the company’s consolidated net profit in the same quarter of the last … Read more
Smallcap company Dhruv Consultancy Limited has won a big project in West Bengal under the Bharatmala project. As soon as this news came, investors became bullish on the shares and within no time the shares hit an upper circuit of 5%. The company gave information about receiving the order in the BSE announcement. Under this … Read more
Closing Bell: Domestic stock markets managed to close in the green on Wednesday (January 22). The market closed higher due to the rise in IT and banking stocks amid US President Donald Trump’s trade policies. The 30-share BSE Sensex opened today with a gain of 76,114 points. It had climbed up to 76,458 points during … Read more
Indian Stock Market: The shine of the Indian stock market seems to be fading. In fact, in a survey, India has been considered one of the top three least favorite Asian stock markets. According to research and survey by BofA Securities, 10 percent of fund managers have underweighted Indian equities from a 12-month perspective. BofA … Read more