Lok Sabha election 2024: Following the sell-off on Dalal Street, Indian stock market investors are likely on the lookout for opportunities for bottom fishing. For value investors eyeing potential gains over the medium to long term, the upcoming Lok Sabha election in 2024 stands out as one of the major factors influencing their decisions. They…
Bharat Highways InvIT IPO: The initial public offering (IPO) of Rs 2,500 crore by Bharat Highways InvIT will begin with bidding on Wednesday, February 28, and be open for subscription until Friday, March 1. The fixed pricing range for the units offered by Bharat Highways Infrastructure Investment Trust (InvIT) is Rs 98–100 per unit. Investors…
Sensex and Nifty: At around 10:00 am, the S&P BSE Sensex dropped 310.32 points to reach 72,832.48, while the NSE Nifty50 declined by 90.05 points to settle at 22,122.65. In short Nifty and Sensex open lower as IT stocks decline. Early trading sees a lot of volatility in markets. Paytm stock hits the upper circuit…
Axis Bank Q3 results: In the December quarter, asset quality as indicated by gross non-performing assets as a percentage of total advances improved. On Tuesday, Axis Bank Ltd reported a standalone profit of Rs 6,071.10 crore for the December quarter, marking a 4 percent year-on-year increase from Rs 5,853.07 crore. Net interest income (NII) grew…
Stocks: Watch these stocks on Wednesday: In partnership with Repos Energy, Cummins India introduced DATUM (Data Automated Teller Ultimate Machine), an intelligent fuel management system. The GIFT Nifty moved points, or 0.02 percent, lower at 21,067.5 at 8:16 AM on Wednesday, December 13, signaling a tame opening for domestic stocks. Tuesday, December 12, saw a…
