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Federal Bank shares surge 8 percent after September quarter earnings announcement
Shares of Federal Bank soared up to 8 per cent after the firm reported an 11 per cent increase in n…
PTI
Indian markets ease as profit booking follows record-breaking streak
Market participants were primarily focused on locking in gains after the indices reached record hig…
Sensex hits 85,000 level but closes flat as FMCG, banking shares drag
Sensex scaled the 85,000 level and Nifty breached the 26,000 mark for the first time before paring …
A hint in 3rd-quarter earnings calls suggests S&P 500 corporate profits are about to boom, Bank of America says
Notable surges in the word "bottom" being mentioned on earnings calls in 2009 and 2020 were soon af…
Matthew Fox
Disney stock surges as rare 3-year forecast sees strong profit growth ahead
Disney rallied after earnings, as investors got a rare three-year forecast that showed the company …
Kelly Cloonan
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Bank stocks soar after Donald Trump's election victory
Shares of the biggest US lenders soared Wednesday after the election, as markets eye looser regulat…
Jennifer Sor
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
Canara Bank Q4 profit rises 18% to ₹3,757 crore
During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…
PTI
Markets decline in early trade on profit-taking
Equity benchmark indices in Mumbai declined on Wednesday amid profit-taking and ahead of the monthl…
PTI
Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more
Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…
Markets take a breather after record rally; settle marginally lower in volatile trade
The NSE Nifty dropped 32.40 points or 0.13 per cent to 25,356.50. Adani Ports was the bigges…
PTI
Muhurat trading 2024: 5 stock picks you can consider this time around
Kotak Securities further notes that FY25 will likely see more broad-based growth across sectors. Ho…
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
Massacre continues on Sensex and Nifty as foreign investors withdraw Rs 97,205.42 crore in October
Smallcaps bore the biggest brunt of this drawdown, with the smallcap 100, 50, 250, and microcaps ea…
Markets decline in early trade on profit taking after record-breaking rally
The 30-share BSE Sensex declined 113.63 points to 76,376.45. The NSE Nifty dipped 29.6 points t…
PTI
HDFC Bank shares decline over 1%, market cap erodes ₹14,434 crore
On the NSE, shares of the company went lower by 1.10 per cent to settle at Rs 1,514.35, paring …
PTI
It will be a while before OpenAI turns a profit. In the meantime, Microsoft gets a cut of revenue.
A report from The Information revealed that while OpenAI was burning less cash than previously thou…
Beatrice Nolan
Axis Bank posts net profit of ₹7,129 cr in March quarter
Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…
PTI
Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings
It emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms. Kotak Mahindra …