Karur Vysya Bank has posted an impressive 43% surge in net profit, reaching ₹412 crore for the quarter ending December 30, 2023, compared to ₹289 crore in the corresponding period the previous year. This substantial increase is attributed to reduced provisions. The net interest margin, a vital measure of profitability, was recorded at 4.32% for … Read more
NHPC’s recent surge in share price has captured market attention, hitting a 52-week high at Rs 85 per share on the Bombay Stock Exchange (BSE). This upward movement followed the government’s announcement of a 3.5% stake sale, attracting significant interest from institutional investors who submitted bids totaling over Rs 6,000 crore. JM Financial, a domestic … Read more
The Indian stock market experienced a substantial decline today, with the BSE Sensex plunging over 1,600 points and the Nifty50 ending below 21,600. This marked the worst day for the 30-share index in the last 16 months. HDFC Bank, a significant player in the indices, led the downturn after reporting quarterly results below expectations. The … Read more
The stock market is witnessing a historic surge, with Nifty-50 setting a new record high. The Indian share market closed with record gains, driven by robust support from the IT sector. Following support from IT shares, Nifty surpassed the 21,900 mark for the first time during Friday’s trading session. Sensex also reached a record level … Read more