Market News

Telcos have headroom for more 15% tariff hikes in FY27, says JP Morgan

Leave a Comment / Market News / Kaushiki

Due to the low cost of services compared to other Asian nations and the favourable regulatory climate, telecom companies such as Bharti Airtel and Vodafone Idea have the leeway to impose an additional 15% tariff hike in FY27, according to analysts. Analysts at JPMorgan have determined that annual pricing hikes are necessary for Vodafone Idea, […]

Telcos have headroom for more 15% tariff hikes in FY27, says JP Morgan Read More »

Bandhan Bank stock up 9% after RBI approves Partha Pratim Sengupta as MD and CEO

Leave a Comment / Market News / Kaushiki

The Reserve Bank of India (RBI) approved Partha Pratim Sengupta’s appointment as Managing Director and Chief Executive Officer (MD & CEO) for a three-year term, effective November 10, 2024, and the private sector lender’s share price saw a nine per cent increase to Rs 204.90 on the BSE in intraday trading on Friday. “The Bank

Bandhan Bank stock up 9% after RBI approves Partha Pratim Sengupta as MD and CEO Read More »

Phoenix Overseas shares: NSE SME stock hits 5% upper circuit, Are you a holder?

Leave a Comment / Market News / Kaushiki

On Thursday, October 10, the price of Phoenix Overseas shares reached the five per cent upper circuit limit. The price of Phoenix Overseas shares opened on the NSE SME on Thursday at ₹44.80, up more than 2% from the previous close of ₹43.60. In intraday trading, the stock increased its gains to 5% and reached

Phoenix Overseas shares: NSE SME stock hits 5% upper circuit, Are you a holder? Read More »

RCF shares soar 8% on awarding ₹1,000 cr order to L&T for fertilizer plant

Leave a Comment / Market News / Kaushiki

On Thursday, October 10, during intraday trading, shares of Rashtriya Chemicals and Fertilisers (RCF) surged by more than 8%. This was in response to the company’s sizeable purchase order it had put on Larsen & Toubro Ltd (L&T) for a new fertiliser plant. This breakthrough is the result of RCF’s ongoing efforts to increase its

RCF shares soar 8% on awarding ₹1,000 cr order to L&T for fertilizer plant Read More »

Tata Elxsi, TTML to Tata Power: These Tata shares jump up to 11% in stock market

Leave a Comment / Market News, Share Price / Kaushiki

During Thursday, October 10, early morning trading, there was a notable increase in the buying activity of Tata Group shares. The majority of the group’s stocks were rising, with Tata Investment Corporation leading the way at ₹7,545 a share, up 15%. Tata Chemicals increased by 8.9%, and Tata Teleservices (Maharashtra) came in second with a

Tata Elxsi, TTML to Tata Power: These Tata shares jump up to 11% in stock market Read More »

PNC Infratech stock up 7% after company secures project worth ₹2,091 crore

Leave a Comment / Market News / Kaushiki

Early on Thursday morning, PNC Infratech’s shares jumped 7% to ₹458.90 after the company declared that it has emerged as the “lowest bidder” for a ₹2,091 crore infrastructure project close to the future Navi Mumbai Airport. Building highways, flyovers, small bridges and associated electrical works are all included in the four-year contract, as per the

PNC Infratech stock up 7% after company secures project worth ₹2,091 crore Read More »

SAIL, Bandhan Bank, Birlasoft among ten stocks in F&O ban list today

Leave a Comment / Market News / Kaushiki

As 10 equities in the futures and options (F&O) segment exceeded 95% of the market-wide position limit (MWPL), the National Stock Exchange (NSE) prohibited trading in those stocks on Wednesday, October 9. Nonetheless, the cash market will offer these stocks for trade. The list of securities that are prohibited from trading in F&O is updated

SAIL, Bandhan Bank, Birlasoft among ten stocks in F&O ban list today Read More »

IndusInd Bank, AU Small Finance Bank among 8 lenders that saw rise in NPAs in Q1

Leave a Comment / Market News / Kaushiki

A non-performing asset (NPA) is a debt that has been past due and unpaid for a defined amount of time. Investors holding banking equities should be mindful of their portfolios’ non-performing assets (NPAs) as the Q1 FY25 results get near. Several banks reported an increase in non-performing assets (NPAs) during Q1FY25, including IndusInd Bank, AU

IndusInd Bank, AU Small Finance Bank among 8 lenders that saw rise in NPAs in Q1 Read More »

Fed made FIIs spend Rs 27,000 crore on bank stocks but China forcing a U-turn now

Leave a Comment / Market News / Kaushiki

The US Federal Reserve and the People’s Bank of China appear to be exerting undue influence over the stocks of banks and other financial companies. Foreign institutional investors, or FIIs, believed that the Fed’s massive rate decrease of 50 basis points was sufficient compensation for the September loss of opportunity. FIIs had sold banks and

Fed made FIIs spend Rs 27,000 crore on bank stocks but China forcing a U-turn now Read More »

Content Transparency