Market closing update: Indian equity markets ended lower on Thursday, August 28, as investors continued to digest the effect of new 50 per cent tariffs on US exports that came into force on Wednesday. At closing, the BSE Sensex dropped 562 points, or 0.70 per cent, settling at 80,224. The Nifty50 index closed down 163 points,…
Stock Market Closing: Indian equity benchmarks extended their winning streak for the fourth straight session, buoyed by strong gains in Reliance Industries and select auto stocks. The Sensex closed 371 points higher at 81,644.39 (+0.46 per cent), while the Nifty 50 ended just below the 25,000 mark at 24,981, up 104 points (+0.42 per cent). The…
Anil Singhvi Stock Picks: Zee Business Managing Editor Anil Singhvi has shared a list of buy calls for traders for profit booking. The shares that he has picked are from the sectors that are likely to get benefitted from the government’s likely GST reforms which aim to make products like two-wheelers, compact cars, and insurance more…
New Delhi-headquartered Hero MotoCorp on Wednesday reported a standalone net profit of Rs 1,126 crore for the quarter ended June 30, nearly unchanged from a net profit of Rs 1,122 crore for the corresponding period a year ago. Its net profit and steady margin met analysts’ estimates, though its top line and EBITDA missed the mark. Here…
Indian stock markets swung between gains and losses on Wednesday as investors reacted to the Reserve Bank of India’s decision to keep interest rates unchanged. The cautious tone from policymakers weighed on rate-sensitive pockets, with realty, auto, and consumer stocks pulling the indices lower through the session. The Monetary Policy Committee (MPC) kept the repo…
Bajaj Auto Q4 FY25 Earnings: Pune-headquartered Bajaj Auto on Thursday reported a set of quarterly results that largely met analysts’ expectations. The motorcycle and commercial vehicle manufacturer announced a dividend of 2,100 per cent. Bajaj Auto Q4 FY25 Results Summary | Top-line and bottom-line Bajaj Auto registered a standalone net profit of Rs 2,049 crore…