Equities ended higher as India’s retail inflation declined to an 8-year low in July, which improved domestic sentiments, even as the global geopolitical environment remains abuzz with action. Overall, analysts expect the market to remain range bound and domestic-facing themes likely to be in favour amidst caution over US tariffs and the outcome of the […]
stock radar: SMC Global’s Shitij Gandhi Backs Jindal Steel & Power for 5–7 Week Rally – The Economic Times Video
“Jindal Steel & Power stock has been consolidating within a well-defined range in recent weeks, consistently holding above both its short- and long-term moving averages. Traders can buy for a target of Rs 1090 in the next 5-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said. Show more Show less Source link
S&P 500, Nasdaq hit record highs on September rate cut hopes
U.S. stocks are ticking higher on Wednesday after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P 500 rose 0.4%, coming off its latest all-time high. The Dow Jones Industrial Average was up 259 points, or 0.6%, as of 9:40 a.m. Eastern time, while the Nasdaq composite was […]
IRCTC Q1 Results: PAT rises 8% YoY to Rs 331 crore
Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported a 8% year-on-year (YoY) rise in its consolidated net profit for the quarter ended June 30, 2025, at Rs 331 crore, compared to Rs 308 crore in the same quarter last year. Sequentially, net profit was down from Rs 358 crore in the March 2025 […]
ET Market Watch: Sensex rises 304 pts, Nifty reclaims 24,600 on Fed cut hopes, cooling inflation
Hi, I am Neha Vashishth from the Economic Times. Welcome to a brand-new episode of ET Market Watch, your quick pulse on markets and money. Let’s hear the top highlights. Markets UpdateIndian markets ended Wednesday in the green, riding on hopes of a U.S. Fed rate cut in September and easing domestic inflation.The Sensex climbed […]
Market Trading Guide: Buy Eternal, TVS Motor and 3 more stocks on Thursday. Up to 16% near term upside seen – Stock Ideas
India’s headline indices ended Wednesday with solid gains amid strong buying action in auto and pharma stocks. Nifty ended 131 points up at 24,619.35. Nifty remained strong through the day signaling improved sentiment amid tariff-related concerns. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said that the likelihood of the […]
CSB Bank Q1 profit up 5% despite NIM fall, provisions surge
Private sector CSB Bank reported about 5% rise in first quarter net profit at Rs 118.6 crore as compared with Rs 113.3 crore in the year ago period, while the bank’s provisions and contingencies rose three-fold. The profit stood at Rs 190.4 crore in the fourth quarter last fiscal. Its operating profit for the quarter […]
Muthoot Finance Q1 profit jumps 90% on strong growth, lower provisions
The country’s largest gold loan company Muthoot Finance reported a 90% jump in the standalone net profit at Rs 2046 crore for the first quarter of the fiscal as compared with Rs 1079 crore in the year-ago period, backed by robust business expansion and a sharp fall in provisions. The company’s assets under management surged […]
Senco Gold Q1 profit doubles on festive demand, showroom expansion, margin gains
Listed jewellery firm Senco Gold Limited has doubled its profit after tax (PAT) in the Q1 of FY 26 to Rs 104.6 crore compared to the same quarter last year. The topline of the company grew by 30 per cent year-on-year to Rs 1826.2 crore. The eastern India based retail jeweller has a network of […]
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an alternative to scheduled bank deposits. Overnight mutual funds are a type of debt mutual fund that invests in overnight securities — debt instruments with a maturity of just one day. […]