The rupee settled at 81.65 per US dollar on Thursday as against 81.31 per dollar at previous close
Premier exchange BSE on Monday reported a 48 per cent fall in net profit at Rs 33.8 crore for the quarter to September from Rs 65.1 crore in the year-ago period as its operating margin fell to a fourth of the previous fiscal. While the operating margin crashed to 7 per cent in the reporting quarter from a high 28 per cent a year ago, its operating income fell by 75 per cent to Rs 13.4 crore from Rs 53.2 crore, the bourse said in a regulatory filing. The exchange filing did not offer a reason for the massive fall in both except saying that its expenses jumped 36 per cent to Rs 184.3 crore from Rs 135.6 crore. Revenue of Asia's oldest exchange inched up 6 per cent to Rs 239.8 crore for the quarter from Rs 225.8 crore in the same period of the previous year. Operational revenue grew 5 per cent to Rs 197.7 crore from Rs 188.8 crore. It booked other income of Rs 42.1 crore, up 14 per cent from Rs 37.1 crore. The exchange saw issuers raising Rs 3.7 lakh crore through equity, bonds, ...
Neither day of the month nor frequency of SIP has a material impact on returns
Stock market wrap: Reliance alone contributed 231 points to the 30-share benchmark. Maruti, M&M and NTPC were the other major gainers. The Metal and IT sector witnessed selling pressure.
Dip in dollar, bonds, and oversold markets boost global equities
Gold's outperformance over equity has been even better in the international market, thanks largely to a big sell-off in equities in advanced economies such as the US and Western Europe
M-cap of Adani group goes up 55.2%, while Tata and Ambani biz houses' declines 10%
Despite the price hikes, margins continued to be under pressure in the quarter
After rising over 320 points in intra-day trade, the 30-share BSE Sensex pared all gains to settle 48.99 points or 0.08 per cent lower at 59,196.99.
Analysts recommend traders to maintain a bullish bias and buy on dips
A depreciating rupee and foreign fund outflows further crimped risk appetite, traders said.
The benchmark Sensex opened gap-down 827 points (down 1.4 per cent), then went on to fall -1,015 points, or 1.7 per cent over its previous day's close
The record date is fixed as September 01, 2022 for issuance and allotment of 4 equity shares (Rs 10 each) of Piramal Pharma (PPL) for every 1 equity share (Rs 2 each) to shareholders of Piramal Ent
NTPC was the biggest gainer among the Sensex constituents, spurting 2.80 per cent
In four days, the BSE benchmark has jumped 2,847.01 points or 5.15%
Zomato shares fell to their lowest levels on Monday since the IPO was launched at Rs 76 per share as the one year lock in period for investors considered insiders has ended
Indian currency closes at 78.97 to the greenback after hitting all-tine low of 78.98 intraday
Succession plan triggered upgrades from brokerages
The company intends to buy back 5.43 million shares, aggregating up to 1.88 per cent of its paid-up share capital via the open market at Rs 4,600 per share.
Past week, the BSE Sensex plunged 2,943.02 points or 5.42%, while the NSE Nifty declined 908.30 points or 5.61%