Titagarh Rail Systems on Saturday reported a 14% rise in its September quarter consolidated net profit at Rs 81 crore versus Rs 71 crore in the year ago period. On a sequential basis, the profit after tax (PAT) was up 21% over Rs 67 crore reported in the April-June quarter. The revenue from operations in…
Indian benchmark equity indices closed higher on Monday, led by gains in banking and IT stocks. The Sensex surged 591 points, or 0.73%, to close at 81,973, while the Nifty gained 164 points, or 0.66%, to end at 25,128. Meanwhile, Tuesday’s trade can see some impact as India’s retail inflation accelerated to a 9-month high…
Indian benchmark equity indices Sensex and Nifty swung between gains and losses before ending flat on Tuesday, as profit booking, especially in energy stocks, offset gains in information technology firms. The Nifty 50 index shed 0.05% to 25,796.9, while the S&P BSE Sensex settled 0.04% lower at 84,266.29. They moved between 0.1% higher and 0.1%…
Indian benchmark equity indices closed lower on Friday as investors booked profits following a week of record highs in the blue-chip indices. The Nifty 50 dipped 0.14% to 26,179 points, while the BSE Sensex declined 0.3% to 85,571. Both indices posted weekly gains, with the Nifty rising 1.5% and the Sensex up 1.2%, marking their…
Indian benchmark equity indices surged to record highs and registered weekly gains on Friday, as an outsized interest rate cut by the U.S. Federal Reserve earlier in the week whetted investor risk appetite across global markets. The NSE Nifty 50 added 1.48% to 25,790 and the S&P BSE Sensex gained 1.63% to 84,544, logging record…
Indian benchmark equity indices recovered most early losses to close marginally lower in a volatile market on Monday, largely ignoring concerns raised by a new Hindenburg report alleging misconduct by SEBI chief Madhabi Puri Buch. The BSE benchmark Sensex declined 57 points or 0.07% to settle at 79,648.9, while the broader NSE Nifty dropped 20.5…