After showing a bearish tone from the past two sessions, the USD/INR pair today started the session on a strong note but failed to hold its initial rally. Read on to find out more. With stronger Asian currencies and risk sentiments rebounding, the

Nestle India, the local arm of the world’s largest food and beverage company, reported a 20 drop in its fourth-quarter net profit, trailing market expectations, due to slower-than-expected growth in revenue and rising costs. The maker of Maggi

While BSE Sensex had a marginal gain of 0.15, BSE Auto is among the top index gainers with a 0.6 surge. These are the 5 stocks from the auto sector that are in focus today. Tata Motors: Jaguar Land Rover has formed a multi-year strategic part

On Wednesday, the Reserve Bank of India used a word popular with fans of Hollywood and Halloween to explain why its monetary policy hasn’t been as effective as it would have liked and why bank credit often doesn’t result in new investment that ca

In the midst of the market sell-off, the one segment that has been the worst hit are the recently listed IPO. Just a few months back, if you were to tabulate the returns of IPOs in 2021, it would have been a sea of green. Today, it is a sea of red wi

NIFTY resists to 50-DMA levels. The equity markets witnessed a range-bound session as they traded within a capped range while resisting the key resistance levels. The headline ended the day with a nominal loss of 30.25 points. In the process, desp

If you go through the draft red herring prospectus (DRHP) filed for the LIC IPO, you will find a separate section showing the embedded value calculation for LIC. The embedded is also called the actuarial valuation and is the basis for valuing any ins

Despite raw material led headwinds, the company is attempting to gain market share through premiumization initiatives and continued aggressive expansion of its retail network. Hosiery and knitwear maker, Dollar Industries has given investors stell

The stock price, which went up by nearly 2 after the results came out, has slipped by 5.8 today. Balkrishna Industries Ltd, an Indian multinational company that manufactures tires for agricultural, industrial and construction, earthmover and por

The legacy of the Bangur Empire is still on! Benu Gopal Bangur, the chairman of Shree Cements is one of the richest persons in India. According to the Forbes list, this 90-year-old billionaire from Kolkata ranks 20th in the Indian rich list. His n

Vijay Mallya was big, Nirav Modi and Mehul Choksi were bigger. And now, a new name has joined India’s legion of ‘scamsters’ (‘alleged,’ did we say?)—Rishi Kamlesh Agarwal, the former chairman and managing director of ABG Shipyard Ltd.&nbs

Highest put option open interest contract was added at a strike price of 17300 for expiry tomorrow. In a very volatile trading day, Nifty 50 finally ended in the red. Although the range of movement was not very wide and Nifty 50 moved in a range o