ONGC’s Q4 Net Profit Falls 53% to Rs 5,701 Crore
State-run Oil and Natural Gas Corporation (ONGC) reported a 53% drop in its consolidated net profit to Rs 5,701 crore in Q4FY23 from Rs 12,061.44...
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US Fed Hikes Rate, Possible Impact on Indian Markets
On Thursday, the US Federal Reserve announced a 25-basis point rate hike, which the market had already priced in. The Sensex rallied upwards of the...
Aviation Stocks Fly High over the Grounding of Go First, Indigo and Jet Airways Among Top Gainers
Aviation stocks saw a sharp rally in a bearish market on Wednesday, with the shares listed airlines surging as much as 6% in early trade...
Adani Group, UltraTech, Auto, Sugar, ONGC, Blue Star are in Focus
As overseas Nifty futures indicate, the market will likely start today’s trading session positively. At 7:30 am, SGX Nifty May futures were quoted at 18,238,...
Godrej Consumer, Axis Bank, Wipro, IRB Infra, IHCL, ACC are in Focus
Strong global signals, lower crude oil prices and March quarter results will guide the domestic market on Friday. As of 7:10 am, the SGX Nifty...
US Stocks Tank Amid Mixed Earnings, First Republic 50% Fall Revives Bank Worries
On Tuesday, US equities fell the most in a month, owing to mixed profits and a new set of concerns about the banking industry following...
Reliance Industries Shares Rise 1% After March Quarter Results
Shares of Reliance Industries (RIL) rose 1% to Rs 2,382.90 on the BSE in intraday trade on Monday after the Mukesh Ambani-owned company reported consolidated...
European Markets Edge Slightly Higher, following Asian Markets, over Upcoming Wall Street Earnings Reports
European shares inched up on Monday, with the pan-European STOXX 600 index up 0.1% and the blue-chip STOXX50 index hitting a 22-year peak. However, rate-sensitive...
MGL, IGL, Adani Gas Shares Soar as Lower Input Costs Ease Pressure on CGD
The Union Cabinet on April 6 agreed to the Kirit Parikh committee’s recommendations on gas pricing, helping gas company shares climb on April 10. Shares...
Bajaj Finance, RIL, ONGC, HDFC Bank, IndusInd, HCL Tech are in Focus
Equity benchmarks were on track to open modestly lower on Wednesday, tracking weakness in global markets, as US manufacturing and employment data disappointed investors. As...