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Nifty closed at 14,634 levels, up 3 points or 0.02%, after hitting an intra-day high of 14,673 and a low of 14,416.
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In late noon trade, indices rebounded sharply as Sensex was up 39 points to 48,821 while the Nifty was at 14,659 rising 28 points.
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Kotak Mahindra Bank on Monday posted a 32.82% year-on-year (YoY) growth in net profit at Rs 1682.37 crore for the quarter ended March 31. It had posted a profit of Rs 1266.60 crore in the corresponding quarter last year. Net interest income of the lender grew 7.95% YoY to Rs 3,843 crore. Provision and contingencies […]
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Angel Broking said if Indian investors look beyond the immediate warning signs, there is a silver lining on the horizon
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Recovery in downstream cyclical margin and continued strong performance from consumer-centric business have led to most analysts being upbeat about the stock
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The IPO comprises a fresh issue of shares worth Rs 4,993.48 crore and offer for sale to the tune of Rs 2,741.50 crore by selling shareholders.
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Provisions for bad loans and contingencies during the reported quarter fell to Rs 1,865.69 crore as against Rs 2,440.32 crore put aside in the year-ago period.
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On the asset front, the bank's gross non-performing assets (NPAs) as of March 31, 2021 stood at 15.41% of the gross advances, slightly down from 16.80% in the year-ago period.
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26 out 30 Sensex stocks traded in the red. Titan was the biggest loser on the Sensex down 2.62%, Bajaj Finance lost over 2.5%, SBI was down 2.3%, Reliance Industries slipped 1.95% and HDFC Bank fell 1.64%.
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Here is the list of top stocks that could be in focus on May 3. Hero MotoCorp: The company has sold 372,285 units in the month of April 2021. The sales in April’21 were subdued due to the temporary closure of plant operations and the retail outlets across several key territories in India on account […]
