Why Macquarie prefers HDFC Bank and ICICI Bank
The call comes at a time when India’s banking sector is bracing for a significant margin squeeze.
Uncategorized
Wipro Q4 Preview: Harman acquisition may aid growth; focus on share buyback
Wipro’s constant currency revenue growth is expected to be modest at 0.4-0.5%. Margins are expected to remain under pressure, with a contraction of about 50 basis points.
Closing bell | Late recovery caps losses as markets end weak; Nifty holds above 23,800
Markets ended lower but recovered sharply from intraday lows, with Nifty holding above 23,800, as banking and midcap indices rebounded, even as broader sentiment remained weak amid sectoral divergences.
Samvardhana Motherson says no material impact from Noida labour protests, calls issue industry-wide
Shares of Samvardhana Motherson International Ltd ended at ₹119.30, down by ₹2.80, or 2.29%, on the BSE.
India’s HPCL issues rare tender seeking tanker to load Russian LPG, document shows
India’s HPCL issues rare tender for LPG tanker to load propane and butane from Russias Ust Luga as Middle East supplies falter amid Strait of Hormuz closure.
Hindustan Zinc wins 1,841-hectare Rajasthan potash, halite block in Tranche V auction
Shares of Hindustan Zinc Ltd ended at ₹562.00, down by ₹2.10, or 0.37%, on the BSE.
Hungarian assets gain as Orban loss begins fresh era for EU ties
The Hungarian currency appreciated 2.4% to 365.69 per euro at 9.06 am in Budapest, its strongest level since 2022.
Swiggy shares drop over 4% after co-founder Lakshmi Nandan Reddy Obul resigns
Swiggy co-founder Lakshmi Nandan Reddy Obul will be stepping down from his board position and moving on from Swiggy to pursue personal independent projects, the company informed the exchanges.
Enviro Infra Engineers shares surge 17% after winning two EPC contracts worth ₹972 crore
Shares of Enviro Infra Engineers are marginally off the highs of the day, currently trading 13.2% higher at ₹195.8. The stock has risen nearly 30% in the last one month, and has nearly reversed all of its losses since the…
NBCC, HUDCO partner for August Kranti Bhawan redevelopment, project funding
NBCC signs two MoUs with HUDCO to redevelop August Kranti Bhawan in Delhi and secure funding for self sustainable projects, aiming to speed execution and boost urban infrastructure.