IRCTC Q3 FY24 (Consolidated, YoY) Revenue up 21.81% at Rs 1,118.3 crore vs Rs 918.06 crore (Bloomberg estimate: Rs 1,069.78 crore). Ebitda up 20.92% at Rs 393.97 crore vs Rs 325.8 crore (Bloomberg estimate: Rs 377.03 crore). Margin narrows 25 bps to 35.22% vs 35.48% (Bloomberg estimate: 35.20%). Net profit up 17.4% at Rs 299.99 … Read more
Stock Market Live Updates: Indian equities trade weak on US inflation concerns, Sensex falls over 500 points BusinessLine Source link
Stock market today: Following weak global cues, the Indian stock market extended its loss for the third straight session on Thursday. After logging the highest intraday loss since 13th June 2022 on Wednesday, the Nifty 50 index today opened lower. On Thursday, Nifty 50 opened at 21,414.20 against the previous close of 21,571.95 and hit … Read more
Indian stock market: The Indian equity market indices, Sensex and Nifty 50, are expected to open on a positive note Tuesday following mixed global market cues amid prevailing optimism of deep interest rate cuts next year. The Asian markets traded subdued while the US shares ended mostly higher ahead of the festive holidays. Catch Live … Read more
Indian stock market today: The Indian equity market indices, Sensex and Nifty 50, are likely to open with strong gains on Thursday led by positive global market cues amid dovish US Federal Reserve policy. The US Federal Reserve on Wednesday left the key interest rates unchanged for the third time in a row citing easing … Read more
The Indian stock market is expected to extend its rally on Wednesday with the benchmark indices Sensex and Nifty 50 likely to test new highs, riding on improved global sentiments over the end of rate hike cycle. Global market setup remains positive as Asian markets traded higher while the US shares ended mixed overnight. The … Read more
Stocks sank while Treasury yields hit new multi-year highs after jobs data bolstered the case for the Federal Reserve to keep interest rates elevated. Dow posts worst day since March: With Tuesday’s losses, the Dow went into the red for the year, off by 0.4%. The broader S&P 500 is still up 10% for 2023.. … Read more
Stocks sank while Treasury yields hit new multi-year highs after jobs data bolstered the case for the Federal Reserve to keep interest rates elevated. Dow posts worst day since March: With Tuesday’s losses, the Dow went into the red for the year, off by 0.4%. The broader S&P 500 is still up 10% for 2023.. … Read more
The Indian stock market indices, Nifty 50 and Sensex, are likely to open on a tepid note Monday following weak global cues. The trends on Gift Nifty also indicate a flat-to-negative start for the Indian benchmark index. The Gift Nifty was trading around 19,694 level as compared to the Nifty 50 futures’ previous close of … Read more
The Indian stock market indices, Sensex and Nifty 50, are likely to open lower Thursday following weak global cues. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading flat at around 19,846 level as compared to the Nifty futures’ previous close of 19,972. The … Read more