Favourable global cues, too, help benchmarks gain 1.4%; overseas investors remain sellers
Markets continued to remain volatile and unsure of which direction they should move. Post the FED meeting what did become clear was the fact that interest rates would rise in March
Construction spending, including on roads and ports, as well as incentives for electric mobility and renewable energy are likely going to be a focus in Nirmala Sitharaman's budget speech
As economic inequality in the country widens, crorepatis pay very little on long-term capital gains
Shares of LIC Housing Finance (LICHFL) on Friday zoomed nearly 13 per cent after the firm reported a 6 per cent increase in profit after tax for the quarter ended December 2021.
Shares of Punjab National Bank (PNB) on Friday gained over 3 per cent after the company reported a two-fold jump in standalone net profit for the third quarter ended December.
Foreign institutional investors have been net sellers every month since September, dumping $7.9 billion worth of local shares since
The 'dot-plot' forecast of FOMC's median forecast suggested three rate hikes in 2022, revised up from one earlier
Shares of Canara Bank on Thursday zoomed nearly 9 per cent after the company reported an over two-fold jump in net profit on a standalone basis for the December 2021 quarter.
Being diversified across asset classes will also help to stem your losses when the economy is recovering
Shares of Maruti Suzuki India on Tuesday jumped over 7 per cent even as the company reported a 47.82 per cent decline in consolidated net profit in the third quarter ended December 2021.
Shares of SBI Cards and Payment Services on Tuesday gained nearly 5 per cent after the firm reported an 84 per cent jump in net profit for December quarter 2021
The company also faces margin headwinds due to rise in raw material costs
Shares of online food aggregator Zomato extended its losses from last week and declined 18 per cent in early trade on Monday apparently due to low valuations.
The selloff which began after Netflix and Peloton posted disappointing quarterly earnings spread to the wider stay-at-home sector
With the last four day's decline, the stock price of Zomato has tanked 33 per cent from its 52-week high of Rs 169.10 hit on November 16, 2021
Gains in Asia helped to counter the pullback in Europe to keep the MSCI all country stock index in positive territory, up 0.16% at 728 points, but still down about 3.8% so far this year.
Shares of Just Dial on Wednesday dipped over 3 per cent after the company's consolidated net profit declined by 61.2 per cent for December 2021 quarter.
Bajaj Finance stock on Wednesday surrendered all its early gains and settled over 2 per cent lower on profit-taking.
Goldman Sachs leads fall among banks after Q4 results; gaming stocks jump on Microsoft's big bid for Activision