ICICI Bank Q3 preview: ICICI Bank share price has tumbled 4 per cent since the announcement of Axis Bank’s December quarter results on January 16 as investors feared that higher delinquencies in unsecured retail segment, seen in the latter’s results, may be seen in ICICI Bank’s Q3 results as well. Analysts, however, expect ICICI Bank…
Shares of midcap information technology (IT) companies like Coforge, Cigniti Technologies, Persistent Systems, and Zensar Technologies rallied up to 11 per cent on the stock exchanges today. The rally in midcap IT stocks today came after the pack reported a good set of numbers for the quarter ended December 2024 (Q3FY25) At 09:37 AM, BSE…
Budget 2025: Bajaj Broking has recommended three stocks to buy for 21-24 per cent potential gains over the next 12 months. They are Apeejay Surrendra Park Hotels Ltd (Park Hotel), DCX Systems Ltd and Ion Exchange (India) Ltd. tree stokes : Bajaj Broking in its pre-Budget note said Union Budget 2025 should ideally continue…
The National Stock Exchange (NSE) on Wednesday said its unique registered investors have crossed the 11 crore mark, with the latest 1 crore addition taking place in just five months, reflecting investor participation in the stock market through direct means. Investor registrations at the NSE have experienced a remarkable acceleration in recent times, with a…
Amid a sharp decline in Indian equity markets, Akshat Shrivastava, founder of investment education platform Wisdom Hatch, cautioned investors about the long-term implications of recent market trends. While expressing confidence in the market’s recovery, Shrivastava highlighted challenges such as faster rupee depreciation and higher inflation. “Our stock markets will bounce back. People are used…
Sebi’s proposal to introduce a “when-listed” trading period aims to bring transparency to pre-listing transactions and curb grey market practices. The move underscores the regulator’s broader push for ethical governance and investor trust in India’s booming capital markets. To curb grey market activity, the Securities and Exchange Board of India (Sebi) is considering introducing…
Budget Expectations: In the last Budget, released in July, the central government allocated Rs 6.22 lakh crore to the defence sector, a tad higher than the allocation in the interim Budget earlier last year. This time around, will there be an increase in the defence allocation? Budget 2025 Expectations: As India awaits the government’s Union Budget…
India Ratings and Research (Ind-Ra) on Monday said the FY26 Budget should focus on a mix of fiscal consolidation roadmap, while boosting consumption demand, and capex spending. The Centre in the FY22 Union Budget had provided a fiscal consolidation glide path till FY26 according to which the fiscal deficit will be brought down to…
Last week, equity benchmark indices ended in the negative zone for the second straight week amid bouts of volatility, as bulls attempt to defend the 23,000-mark on the Nifty 50. The BSE benchmark – Sensex 30 hit a low of 76,250, and ended the week with a loss of 760 points at 76,619. The Nifty…
Jio Financial Services Ltd (JFSL), the financial services arm of Reliance Industries Ltd (RIL), on Friday (January 17) reported a 0.3% year-on-year (YoY) increase in net profit at ₹294.8 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Jio Financial Services posted a net profit of ₹293.8 crore.…