Tag Archives: 15

What changed for the market while you were sleeping? 15 things you should know

The Nifty could see a subdued opening, largely tracking the trends on the SGX Nifty, but global markets’ move could keep the Street on its feet. Frontline indices witnessed a major correction on Friday, with the Nifty closing 157.50 points lower at 9,964.4. The 50-share index, which started with a gap on the lower side, witnessed sustained selling pressure from ... Read More »

What changed for the market while you were sleeping? 15 things you should know

The Nifty50 which started on a flat note gained momentum but remained volatile throughout the trade on Thursday and closed with marginal gains. The index remained choppy for the most part of the trading session and finally closed with the marginal gains of 7 points at 10,086.60. It rose marginally to 10,126.50 but then witnessed selling pressure which took the ... Read More »

L&T Finance Group net up 15% on retail & wholesale advances

Leading non-banking lender L&T Finance Holdings on Monday reported a 15 per cent rise in consolidated net profit at Rs 237 crore for the March quarter, driven by retail and wholesale advances. Income from operations grew 19.77 per cent to Rs 1,957.96 crore in the fourth quarter ended March 31, while total disbursements jumped 20 per cent to Rs 10,688 ... Read More »

Indian rupee hits new 30-month low at 68.72, down 15 paise against US dollar

The rupee today plunged to a fresh 30-month low of 68.72, dropping 15 paise against the US dollar on fresh demand for the American currency from banks and importers in view of persistent fall in domestic equity market amidst foreign capital outflows. Strong month-end dollar demand from importers, mainly from oil refiners, affected the rupee value against the dollar, a ... Read More »